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Industry & Markets

The meat industry is a fast paced sector and its vital to stay up-to-date on the latest developments within the sector, be they processor expansion or the changing market conditions around the globe.

Hormel Foods buys Fontanini for $425m

US-based Hormel Food Corporation has announced the acquisition of Italian meat maker Fontanini in a $425m deal. 

South Africa hit with fifth bird flu outbreak

A farm owned by one of South Africa’s biggest poultry processors, Astral Foods, has been hit with an outbreak of highly pathogenic avian influenza (AI). 

News in brief

Comeragh Mountain Lamb seeks protected status

A consultation has been launched for Comeragh Mountain Lamb to be granted Protected Geographical Indication (PGI) status from the EU. 

Tyson Foods’ investment creates 300 jobs at Tennessee plant

Expansion of Tyson Foods’ poultry plant in the state of Tennessee will create more than 300 jobs as the US meat giant invests $84m to double its output.

Brazilian beef giant Marfrig to hire 4,500 new staff

Brazilian meatpacker Marfrig will create thousands of new jobs by reopening five slaughterhouses and scaling up production this year.

News in brief

Cobb-Vantress expands sales and technical teams

US poultry processor Cobb-Vantress has made appointments to its sales and technical teams.

Kane Beef creates jobs after unlocking China

Kane Beef plans to increase its workforce after it became the first meat processor in the state of Texas, US, to start selling beef to China.

No Belgian chicken meat has tested positive for banned insecticide

Belgium’s food safety body, the Federal Authority for the Safety of the Food Chain (FASFC), has confirmed not a single sample of the tested chicken meat has been found to...

JBS net income drops in second quarter

JBS suffered a mammoth 80% year-on-year drop in income for the second quarter of the year, due to growing net financial expenses. 

Australia rolls out sheep health monitoring programme

Meat & Livestock Australia (MLA) has announced a $3 million (m) investment in the health of its sheep flock. 

UK and China sign £200m pork export deal

The UK has signed a new export deal with China to supply pork products.

Exclusive

Lab-grown meat firm in talks to license tech

Hampton Creek has confirmed the Silicon Valley start-up is in talks to license its lab-grown meat technology to some of the world’s biggest meat companies.

UK and Philippines sign £34m beef trade deal

The UK and the Philippines have signed a beef export deal worth £34 million over the next five years.

Australian beef exports up for first time in two years

Australian beef exports are up year-on-year for the first time in 24 months, with more growth expected after Japan hit the US, Australia’s biggest competitor, with a hefty tax hike. ...

Spam maker to expand factory and create 380 jobs

A subsidiary of Hormel Foods, the company behind canned meat Spam, plans to expand its manufacturing plant in Kansas, US, adding up to 380 jobs.

Meat export crisis averted as dockworkers agree contract extension

US meat exporters shipping goods through West Coast ports let out a sigh of relief after dockworkers extended contracts, putting to bed fears of crippling cargo delays. 

Tyson Foods condemns ‘misleading characterisation’

A report from environmental group Mighty Earth, which targeted Tyson Foods for allegedly heavily contributing towards a large ‘dead zone’ in the Gulf of Mexico, has been condemned by the...

Tyson Foods restructures to become more ‘agile’

One of the US’ leading meat producers, Tyson Foods, has restructured its organisation in an effort to support its growth strategy. 

Product range drives plump growth for Pilgrim’s Pride

A diverse mix of chicken products bolstered income for US poultry processor Pilgrim’s Pride, which soared by more than 50% in the second quarter.

Russia's Miratorg reveals new logo

Russian agriculture holding Miratorg has changed all corporate branding to reflect its “evolutionary development as a leader in the Russian meat market”.

Cargill hatches plan to improve turkey health

Commodities trader Cargill is spending $7m to modernise its Harrisonburg, Virginia site, used to incubate and hatch more than 23 million turkey eggs per year. 

News in brief

Global Re-Fuel develops new poultry biomass furnace

Energy technology company Global Re-Fuel has developed a new chicken litter-fuelled biomass furnace that is designed to improve poultry health and farmers’ operating margins by more than $15,000 a year...

Alliance Group rolls out band saws at plants

New Zealand processor Alliance Group has invested NZ$3.4 million (m) in new band saws at eight of its plants.

RusAgro pushes into China by building pig farms

One of Russia’s leading agricultural holdings RusAgro has pledged to build several pigs farms in north-east China.

Japanese frozen beef tariff rise causes US rift

Japan’s decision to increase its tariffs on imported frozen beef imports has caused anger in the US.

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