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.
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).
An independent German competition authority has dished out fines totalling €338m to 21 sausage manufacturers, as well as fines to 33 individuals, involved in price-fixing activity.
Global poultry prices are taking off, leading to improved profitability for the global poultry industry, according to Rabobank.
The global beef market is set to regain its positive momentum in the third quarter of the year once the current high supply has worked its way through the system,...
The European Commission has revised guide prices for a range of poultry imports – if the value of exports exceed these levels, the European Union (EU) can impose additional duties...
Austria’s Gerlinger is planning to acquire insolvent Serbian meat processor Mitros.
The International Finance Corporation (IFC), of the World Bank, is lending US$250 million to Ukraine’s leading poultry producer Myronivsky Hliboproduct (MHP) to help kickstart the country’s flailing economy.
India is poised to take a larger step on to the world stage when it comes to meat, delegates to the World Meat Congress were told.
Ukraine intends to achieve an increase in duty-free quotas for agricultural products to the European Union (EU), according to representatives from the Ministry of Agrarian Policy and Food.
An investment of more than CA$1m has been announced for the Canadian Swine Exporters Association (CSEA), in order to boost international recognition of its purebred swine genetics.
Chicago-based US firm Hillshire Brands has announced that its board of directors has unanimously decided to withdraw its recommendation to acquire Pinnacle Foods.
Saskatchewan livestock producers are set to benefit from two new research projects, worth nearly CA$1m.
Tyson Foods placed a second and final bid for Chicago-based Hillshire Brands, to acquire all the outstanding common shares of the business for $63 per share, in cash.
Chinese hog and poultry producer COFCO Meat has announced a strategic partnership with a consortium of investors.
The United States Department of Agriculture (USDA) has pledged $26.2 million in funding to combat the threat of pig disease.
Global pig prices only registered a slight increase, according to the latest Food and Agriculture Organisation of the United Nations (FAO) Food Price Index, despite the current impact of Porcine...
The Canadian swine industry has received CA$13m in investment from the government, in order to aid the development of the sector.
US firm The Hillshire Brands Company appears to be the subject of a bidding war, with a number of unsolicited proposals to buy the business – from Tyson Foods and Pilgrim’s Pride....
US poultry firm Sanderson Farms has posted net income of $51m for the second quarter ended 30 April 2014 – double that of the same period last year ($24.4m).
South African poultry producer Astral Foods delivered a 260% increase in operating profit by R213m, in its interim results for the six months to 31 March 2014.
Russia’s largest meat and fodder producer Cherkizovo Group has revealed an increase in revenue of 13% in local currency the rouble (RUB), for the first quarter ending 31 March 2014.
US firm Hormel Foods Corporation achieved record group sales of $2.24bn in its second quarter, up 4%. However, the firm announced that due to "lower anticipated hog supplies" it would...
The governments of British Columbia and Canada have invested CD$613,050 on increased surveillance and preventive measures in order to reduce the risk of livestock diseases such as a Porcine Epidemic...
Smithfield Foods has reported a record increase in net profit for its first quarter (Q1), as well as good returns for packaged food and a better export environment.