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.
20-Dec-2012 - The National Farmers Federation (NFF) in Australia has urged more banks in the country to pass on interest rate relief to agricultural customers.
18-Dec-2012 - US meat processor Cargill has announced plans to invest $20 million into its animal nutrition facilities in South Africa.
17-Dec-2012 - McDonald’s has reported a recovery in sales for November, with strong performance in the US and Europe.
07-Dec-2012 - In reaction to the Budget announcement made on Wednesday, Irish Farmers’ Association (IFA) president John Bryan said the cuts imposed by the Minister for Agriculture would hit Irish farmers hard.
07-Dec-2012 - More than €199m has been set aside by the European Union to combat animal diseases in 2013.
05-Dec-2012 - US meat and livestock companies have joined other food businesses and officials on a trade mission in Russia this week (3-7 December).
04-Dec-2012 - Pig producers in Australia, New Zealand and the US have warned that Canada will be challenged over its pork subsidisation programme in the next round of Trans-Pacific Partnership (TPP) negotiations.
03-Dec-2012 - Pan-African agricultural company Agriterra has opened a new commercial abattoir in Mozambique as part of a drive to increase the domestic supply of beef.
03-Dec-2012 - Russia’s Ministry of Agriculture has unveiled plans to create commodity exchanges for trading the country’s primary agricultural products - meat, milk and sugar.
29-Nov-2012 - Russian meat processor Cherkizovo has recorded a healthy sales increase of 6% for the nine months of 2012, despite an underwhelming price performance in its red meat divisions, caused by the weakening of the rouble.
27-Nov-2012 - Russian processing giant Cherkizovo Group has extended its ham and deli operations in Russia’s Kaliningrad region.
26-Nov-2012 - Fifty jobs have been lost at a Canadian beef factory after owner Cargill decided to switch its transport operations to an external contractor.
23-Nov-2012 - The owners of a disgraced California slaughterhouse have agreed to pay over $300,000 to settle a landmark fraud lawsuit launched by animal welfare campaigners.
23-Nov-2012 - Malta has seen a decline in meat production and producer value in the third quarter of this year.
14-Nov-2012 - The Russian poultry sector has been hit by a wave of bankruptcies, affecting even the largest producers in the country.
14-Nov-2012 - JBS SA has announced the acquisition of Brazilian specialist chicken processor Agroveneto. The company said the deal was valued at approximately R$128m and was subject to approval by the authorities and the company’s board of directors.
13-Nov-2012 - Meat processing company Cargill has announced a massive three-year partnership, in which it will invest US$1.35m, to expand farming in northern Mozambique.
13-Nov-2012 - The US poultry industry has joined calls for the government to act fast to establish Permanent Normal Trade Relations (PNTR) with Russia.
12-Nov-2012 - Global burger giant McDonald’s has released global comparable sales figures for the month ending October 2012, which show a 1.8% slump in business.
07-Nov-2012 - Canadian processor Maple Leaf Foods has announced the multi-million-dollar acquisition of a major hog production company.
07-Nov-2012 - Russia’s accession into the World Trade Organization (WTO) and its impact on the pork market will not stop the country’s major agricultural holdings from investing in huge pig production projects, according to experts.
06-Nov-2012 - The European Commission has confirmed that key beef exporters Brazil, Argentina and Uruguay will be excluded from the European Union’s future GSP low import duty regime for emerging markets, as they are now too rich to benefit.
05-Nov-2012 - European farming unions have rejected proposals by the new Cypriot presidency of the European Commissions to cut €50bn from the initial proposal on the CAP budget 2014-2020.
01-Nov-2012 - Maple Leaf Foods saw a return to operating profit in Q3 2012, with a drop in pig business profits offset by a strong performance in prepared meats and fresh poultry.
01-Nov-2012 - McDonald's supplier OSI Food Solutions has begun construction of a multi-million-euro beef processing facility in Poland.
Director , IFFA
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