Money makes the world go round and the meat industry is no different. Deals are always being brokered and currency fluctuations are a key issue for any global meat trader.
Russian meat giant Cherkizovo Group is to invest RUB4bn (US$104m) in the expansion of its pork and poultry production facilities in Voronezh.
The Canadian Livestock Genetics Association (CLGA) is to benefit from CA$1.6m-worth of government funding.
Global fast food chain McDonald’s has seen sales drop 14.5% in the Asia/Pacific, Middle East and Africa (APMEA) region.
Specialist retail meat packing business Hilton Food Group has seen continued growth in Western Europe, which has helped push up profit after tax by 1.8%, to £10.2m, for the 28...
Meat and Livestock Australia (MLA) will cut its budget by 10% of its operating costs and plans on revamping its research programme, amidst grumbles from the industry about its funding...
Ukraine’s Agricultural Ministry has decided to extend the preferential tax regime on most agricultural enterprises until the end of 2014, following pressure from the unions representing the country’s meat producers...
Danish meat industry organisations estimate that Russia’s meat embargo will cost the country’s pig farming industry around DKK1.6bn (US$282m/€215m) in 2014.
Tyson Foods announced the completion of its merger with Hillshire Brands last week, in a move which positions Tyson as "a clear leader in the prepared foods business", according to...
Meat producers in Lithuania have reported heavy losses due to the continuing spread of African swine fever (ASF) and the sanctions on meat supplies to Russia.
KKR & Co, a global investment firm, has come to a definitive agreement with Chinese poultry producer Fujian Sunner Development Co, to invest around $400m in the business, in return...
A strong performance in the third quarter has seen sales and income up at US poultry business Sanderson Farms.
Dutch food group Vion is to double the pork processing capacity at its Landshut plant in Bavaria, as part of a multi-million euro investment in its Bavarian plants.
A US farm in Loudon, New Hampshire has been highlighted as one of nearly 250 operations to receive a portion of a $25m funding pot designed to help rural businesses...
JBS has reported a 32% increase in net income, to R$29bn, for the second quarter of 2014, compared to the same period last year.
Smithfield Foods has posted a 14% increase in sales for the three months to 29 June 2014.
The price of US pork has declined from the earlier highs seen at the beginning of 2014, following the outbreak of porcine epidemic diarrhoea virus (PEDv), according to Mintec’s latest...
Declining sales at McDonald’s in Asia have contributed to total comparable sales drop of 2.5% in July.
US-based Cargill said earnings rose "significantly" in its Animal Nutrition & Protein business, reflecting the positive impact of recent acquisitions.
WH Group, China’s largest pork company and a major shareholder in Henan Shuanghui Investment & Development Co, which acquired Smithfield Foods for US$7.1 billion in 2013, has successfully floated on...
Scottish collagen casing manufacturer Devro said it had made "significant progress" on its business developments in China, in its interim results for the six months to 30 June 2014.
JBS subsidiary Pilgrim’s Pride has reported a significant increase in EBITDA from $264.6m to $338.6m in the second quarter of 2014.
Tyson Foods is to sell its Mexican and Brazilian poultry business to JBS subsidiaries in a deal worth a total of $575 million.
South African poultry company Astral Foods expects a boost, due to lower maize and soya prices, according to Investec research.
Spanish food and wine group Osborne has teamed up with Chinese private investment group Fosun in a bid to grow both its domestic and international markets.
JBS Foods has signed a deal with Brazilian poultry firm Céu Azul Alimentos to acquire two processing plants in Guapiaçu and Itapetininga, Paulo, for approximately BRL$246m ($110m).
Moscow / Exhibition
Warsaw / Exhibition