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.
07-Mar-2014 - Product diversification, driven by a need to match products to China’s expanding but extremely varied retail sector, appears to have been key to profits for 2013 at Chinese pork processor Shuanghui.
05-Mar-2014 - Romania’s leading poultry meat processor Transavia has announced record sales of €135m for 2013 and plans to invest €10m in expanding its meat processing capacities this year.
05-Mar-2014 - Danish Crown has taken full ownership of Polish processed meat producer Sokolów, after acquiring the remaining 50% of its shares for around DKK1.3bn (€180m).
03-Mar-2014 - Mariani Foods Europe has acquired UK dried meat business Bare Earth as it looks to expand across Europe.
28-Feb-2014 - Maple Leaf Foods has seen sales in its Meat Products Group fall 1.1%, to $742.7 million, in the fourth quarter to 31 December 2013.
27-Feb-2014 - US poultry processor Sanderson Farms announced a year-on-year sales drop of 1.8% to $584.9m, in its trading update for the first quarter ended 31 January 2014.
27-Feb-2014 - Wholesale pork prices are predicted to increase 5.5-6.5%, according to the United States Department of Agriculture’s (USDA’s) latest Producer Price Index (PPI).
27-Feb-2014 - Kerry Foods Group this week published a statement showing good growth worldwide in 2013.
26-Feb-2014 - The National Beef Packing Company is to close its Californian processing facility in April.
19-Feb-2014 - Major UK food company Moy Park is named as one of the sponsors of the 2014 FIFA World Cup.
14-Feb-2014 - Whenever the phrase ‘emerging’ economies is used, the acronym BRIC is usually quite close behind. However, on consideration, the BRIC markets have stepped beyond ‘emerging’ and are actually seeing a slowdown in the momentum of their growth. The gap left behind needs to be filled, so let me introduce you to the MINTs (Mexico, Indonesia, Nigeria and Turkey). Developed by the former Goldman Sachs economist, Jim O’Neill – the original creator of the term BRICs – the MINTs are set to be the new buzzword for emerging economies.
12-Feb-2014 - The European Union (EU) will have to make concessions on meat in its negotiations with the US for a Transatlantic Trade and Investment Partnership (TTIP), a senior European Commission official warned last night (Tuesday).
07-Feb-2014 - Lithuania is planning to send a request to Brussels to allocate about €20m towards the fight against African swine fever (ASF), according to a report from the country’s State Food and Veterinary Service.
31-Jan-2014 - Although the New Year has come and gone, there is still the opportunity to both look back and forwards to see what has happened in the past 12 months and what might happen in the next 12.
31-Jan-2014 - Indian buffalo meat exports to Vietnam have doubled in volume and tripled in value within a year as Chinese traders use the south-east Asian country for channelling their meat trade to bypass an official ban on direct imports, globalmeatnews.com has been told.
29-Jan-2014 - US livestock organisations and food associations fear that new country-of-origin labelling (COOL) rules, set out in the Farm Bill, could provoke retaliation from Canada and Mexico and are strongly opposed to the new legislation.
24-Jan-2014 - Danish Crown’s (DC) decision to shut down its DC and Tulip meat processing plants in Faaborg followed a late-hour, but unsuccessful intervention by the city’s mayor, Christian Thygesen, who has expressed sadness over the decision.
23-Jan-2014 - Spanish meat producers secured increasingly healthy prices in 2013 as the country crept out of recession in the second half, figures from its Ministry of Agriculture, Food and the Environment (MAGRAMA) show.
21-Jan-2014 - The French government has welcomed an agreement between the German Food and Allied Workers Union (NGG) and the employers group ANG to introduce a minimum wage structure for the approximately 80,000 people employed in the German meat industry.
14-Jan-2014 - US meat processor Cargill has acquired a 5% stake in Ukraine’s biggest meat producer and agricultural group, UkrLandFarming (ULF).
13-Jan-2014 - With beef prices soaring in the run-up to Chinese New Year at the end of this month, beef farmers in one of China’s key cattle-producing regions are looking to increase scale to meet demand.
13-Jan-2014 - US pork exports had their strongest month of 2013 in November, and beef exports for the month continued to break records.
13-Jan-2014 - Belarus meat prices must be raised by at least 30-50% if the industry is to develop normally, livestock representatives have warned.
10-Jan-2014 - Australian beef and veal exporters have been buoyed by data from the Australian Department of Agriculture, Fisheries and Forestry (DAFF) showing record export numbers for the industry in 2013. The country exported nearly 1.1 million tonnes (t) of chilled and frozen beef and veal in 2013, up 14% from the 963,779t achieved in 2012.
09-Jan-2014 - The US Department of Agriculture (USDA) has revealed the speakers for its 2014 Agricultural Outlook Forum, which will take place on 20-21 February in Virginia.
The annual International Production and Processing Expo braved foul weather but continued to prove a success with...
Whenever the phrase ‘emerging’ economies is used, the acronym BRIC is usually quite close behind. However, on...
Although the New Year has come and gone, there is still the opportunity to both look back...
The Chinese and US markets will open to Irish beef during 2014, according to Irish Minister for...
The decision by Vion to exit its processing operations throughout the UK sent shockwaves throughout the industry....
Animal welfare is an important consideration for the global meat industry. With increasingly strict laws on welfare,...
The International Meat Secretariat (IMS) is a major donor to The Six-Second Project, which is challenging the...
With rising prices and complex supply chains putting the meat industry at increasing risk of food fraud,...