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HSBC report forecasts 17% rise in meat production

Meat production is expected to grow by 17% over the coming decade, with Brazil remaining a key supplier, according to the recently released HSBC Forward Planning 2016.

Pork blights Brazil’s meat progress

November has been a strong month for Brazil’s growing meat industry. Sales of chicken and beef continue to rise but the price of pork – hit hard by a nationwide...

JBS profits rise, despite US dip

The world’s largest meat processor, Brazilian firm JBS, has reported strong sales growth in its third financial quarter (Q3), driven largely by its food division, despite struggles in its US...

Carr’s looks at investment plans

Agricultural and food business Carr’s Group has set out extensive global growth plans following its full-year results.

News in brief

Drop in price for Brazilian beef

Brazilian beef prices have fallen 28% since April due to a decline in domestic demand, according to a new Mintec report.

WTO forecasts lower global trade growth

World Trade Organisation (WTO) economists have lowered their forecast for world trade growth in 2015 to 2.8%, from the 3.3% forecast made in April, and reduced their estimate for 2016 to 3.9% from 4%.

Strong dollar hitting beef exports

The strong US dollar is having an impact on its beef trade, with high levels of imports from cheaper global markets and a 10% year-on-year to July reduction in its...

Poultry could help address Brazil’s economic woes

Poultry exports could help halt Brazil’s economic slump, experts have claimed, as its gross domestic product (GDP) looks set to sink by more than 2% this year. 

Strong outlook predicted for poultry industry

The outlook for the global poultry industry is strong, despite concerns over avian influenza (AI), according to the latest Poultry Quarterly Q3 report from Rabobank. 

Brazil: food export value falls despite meat volume growth

Brazil's meat export volume growth is failing to offset declines in general food exports, in line with its depreciating currency.

Strong second quarter for Marfrig Global Foods

Brazil’s Marfrig Global Foods, one of the world’s largest beef, lamb, poultry and fish-based food companies, has seen a strong second quarter in 2015, with a free cash flow of...

News in brief

Brazil beef industry eyes huge potential in China

Brazilian beef has a large potential market in China following the lifting of an embargo, Brazilian agriculture minister Katia Abreu has said in newspaper China Daily.

News in brief

Brazil sees higher cattle prices

Brazilian cattle market prices have risen, driven by a low supply of animals for slaughter, according to analysis from CEPEA, the research centre of the University of São Paulo. ...

Marfrig reveals progress on sustainability

A pledge to end slave labour in the supply chain and increased use of biomass energy production are among the areas covered in Marfrig Global Foods’ 2014 annual sustainability report. 

Prospects look positive for meat production, according to OECD-FAO report

Growth in livestock production and low feed grain prices look to be on the cards for the meat industry over the next decade, according to the latest OECD-FAO Agricultural Outlook...

FAO report highlights growing threats to livestock industry

The Food and Agriculture Organization of the United Nations (FAO) has called for "urgent concerted policy responses" to deal with the growing threat of climate change to global food security....

US opens market for fresh beef from Brazil and Argentina

Fourteen Brazilian states have been granted access to the US market for fresh beef (chilled or frozen), following a 15-year period of trade restrictions.

Beef prices weaken during first third of year

Global beef prices have weakened during the first four months of 2015, following a period of record high prices. However, it’s unlikely prices will continue to fall as beef supply...

Brazil hopeful about new markets

Brazil is making progress in its mission to lift import embargoes for its meat around the world.

Marfrig’s Moy Park subject of sale to JBS

Brazil-based Marfrig Global Foods is to sell poultry business Moy Park Holdings Europe to fellow food giant JBS SA, for approximately US$1.5bn.

End of gestation crates for JBS SA

JBS SA, which owns Seara, Brazil’s second largest pork producer, has revealed plans to phase out of the use of gestation crates for breeding sows by 2016. 

Russia restricts South American meat imports

Russian veterinary body Rosselkhoznadzor has recently introduced restrictions on beef imports from several Brazilian companies and has refused entry of a large shipment of meat from Paraguay.

Brazilian food giant reports progress in pledge to preserve Amazon

Brazilian food processing giant JBS, which has publicly pledged not to purchase cattle from ranches responsible for deforestation inside the Amazon Biome region, has reported that of 12,221 sales in...

Search is on for World’s Best Steak

A new international competition, from the team behind GlobalMeatNews, launches today (5 June) - the World Steak Challenge.

Impact of avian flu set to continue throughout 2015

The global trade and price of poultry is likely remain under pressure for the remainder of this year, due to the fallout from avian influenza outbreaks across the world.

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