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China’s pork imports booming

China’s pork imports more than doubled in March 2016 as environmental regulation slammed the brakes on domestic production for the country’s largest producers.

BRF profits drop after ‘challenging’ period

Brazilian meat processor BRF has reported a slide in gross profits for the first quarter of 2016 as pressure on poultry prices and the cost of corn hurt its income.

BRF strengthens Oman operation with AFK stake

Brazil’s BRF, one of the world’s largest meat processors, has entered into negotiations with frozen food distributor Al Khan Foodstuff (AFK) to acquire full control of the Omani business....

China's cooling growth to drag pork production down

As China’s economy drops down to single-digit growth, the global production of pork is expected to decline in 2016, according to data from the US Department of Agriculture (USDA).

Russia's pork imports rise amid low global prices

Despite strong government measures towards establishing an import substitution program, Russia imported 39,000 tonnes (t) of pork in the first quarter of 2016. 

Europe ‘confident’ on Mercosur deal amid beef row

The European Commission has responded to criticism over its proposed deal with South American trade bloc Mercosur by claiming the outcome will have “great economic benefit”.

EU ministers rally to safeguard beef from Mercosur trade deal

The European Commission has faced opposition from 20 politicians over plans to reduce tariffs on Mercosur beef exports, a move many claim will hurt the EU’s agriculture market. ...

Food trends: meat consumption up, beef declines

Global meat consumption has recorded a year-on-year increase when compared to figures from 2014, according to data from London-based market intelligence firm Euromonitor International. 

Copa-Cogeca slams ‘unacceptable’ EU-Mercosur deal

Farming body Copa-Cogeca tells EU ministers to oppose a deal with South American trade bloc Mercosur that would pave the way to lower tariffs, leading to a “catastrophic impact” on...

News in brief

BRF in takeover of Globosuínos’ pork assets

Meat giant BRF has continued to flex its financial muscle in South America with the acquisition of Brazilian pork producer Globosuínos.

Brazil to unlock US beef market

Brazil is expected to export its first shipments of fresh beef to the US by mid-2016, despite the fact it has not yet secured access to the US market, according...

Beef imports rise as China’s growth cools

China’s official beef imports surged by more than 50% last year as a government crackdown on grey market meat bolstered formal trade figures, according to a new report.

BRF buys Argentina meat processor Calchaquí

One of Brazil’s largest meat firms BRF has acquired the Argentinian pork business Alimentos Calchaquí, according to an investment bulletin published by BRF.

Pork price lowest in eight years

The falling price of pork experienced by key exporters from around the world has meant the average price of pork continued to fall in 2015, according to a market report...

EU silent on Brazil horsemeat ban

The EU has remained silent on whether it will ban Brazilian exports of horsemeat destined for Europe, following evidence of animal abuse in the supply chain. 

EU urged to ban Brazilian horsemeat

The EU has been urged to stop imports of Brazilian horsemeat after one body raised “serious concerns” over animal welfare abuse, following evidence that horses died while being transported to...

Marfrig reports solid financial results in tough market

One of Brazil’s largest food processing companies, Marfrig Global Foods, has said divestment of its assets has helped to consolidate financial results in a global market that remained “challenging”. ...

BRF’s net income nearly doubles in a year

One of the world’s biggest foodservice companies, Brazil-based BRF, has announced a net income growth of 46% for last year, to R$3.1 billion.

News in brief

BRF in $50m takeover of Universal Meats

Brazilian firm BRF, which claims to be one of the largest meat businesses in the world, has confirmed its acquisition of UK company Universal Meats for $49.5m (£34m). 

JBS chairman accused of financial crimes

Shares in the Brazilian meat company JBS have hit a 15-month low, coinciding with reports that senior figures, including the chairman Joesley Batista, have been accused of financial crimes regarding...

Mountain States Lamb buys JBS plant

The Mountain States Lamb Cooperative (MSLC) has revealed it paid $8.5m for a meat processing plant, previously owned by the Brazilian company JBS. 

EU beef market ‘fragile’

Europe’s farming body Copa and Cogeca has urged the EU Commission not to progress with bilateral free trade talks, saying they could have a “catastrophic” effect on the beef sector....

Meat packaging to enjoy near-decade of growth, report says

A report by marketing intelligence consultancy Future Market Insight (FMI) says meat packaging sales will achieve single-digit growth between now and 2025. 

US beef exports to stabilise in 2016

Uncertainty and volatility in the US beef export market will stabilise in 2016, according to a report from Rabobank.

Brazil rescues Russia’s appetite for pork

With a string of trade restrictions imposed on Russia, the country’s demand for pork has been saved by Brazil. 

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