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Breaking News on Global Meat Trading and Processing

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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.

Marel taps into Brazil with Sulmaq acquisition

Marel will acquire Brazilian meat processing solutions provider Sulmaq for an undisclosed sum as it sees “growth potential” in South America’s food production industry. 

JBS rival Minerva Foods closes $300m takeover

Downsizing at the world’s biggest meatpacker JBS is fully under way after its rival, Minerva Foods, closed a $300m acquisition of beef assets in Argentina, Paraguay and Uruguay.

JBS puts more assets on the block with $40m Lakeside Feeders sale

JBS Food Canada will sell its feedlots to MCF Holdings for $40m as its Brazilian parent company, JBS SA, offloads more assets following million-dollar fines and a corruption scandal.

Cargill profit boosted by rising meat demand

Agricultural commodities trader Cargill pulled in some of its best financial results in years, as strong demand for protein lifted earnings.

Court lifts JBS asset freeze

JBS has had its ban on the sale of assets to rival Minerva lifted by a Brazilian court, as the world’s largest meatpacker copes with the fallout from a corruption...

World Steak Challenge – video highlights

The juiciest cuts of sirloin, rib-eye and fillet were enjoyed at World Steak Challenge 2017 last week and here you can enjoy highlights of the event with this exclusive video reel.

US red meat exports grow in May

Exports of pork and beef from the US saw a strong performance in May, according to data from the United States Department of Agriculture (USDA) and the United States Meat...

World Steak Challenge – in pictures

Don’t miss these pictures from our third World Steak Challenge, which welcomed beef producers from 17 countries, entering what they believed were the greatest sirloin, rib-eye or fillet steaks in...

Meat prices rise for sixth month in row

Global meat prices have increased every month this year up to June, according to the Food and Agricultural Organization’s (FAO) Food Price Index.

Brazilian meatpacker to beef up production by a quarter

Marfrig, one of the giants of Brazilian meat processing, plans to boost domestic production by 25%, thanks to higher-than-expected cattle availability.

World Steak Challenge 2017 winner unveiled

A Polish steak has been crowned the winner of the World Steak Challenge 2017.

New Zealand opens FTA talks with South America

New Zealand has launched talks with four South American countries and red meat exporters to create a free trade agreement (FTA) in the wake of Donald Trump’s Trans-Pacific Partnership (TPP)...

JBS to appeal blocked $300m asset sale

JBS plans to launch an appeal after a Brazilian judge blocked its sale of meat firms in Argentina, Paraguay and Uruguay to rival Minerva in a nine-figure deal.

JBS announces major asset sale to cover debt

Brazilian meatpacker JBS has put a string of its assets, including Northern Irish poultry firm Moy Park, up for sale to raise R$6bn ($1.8bn) to pay off debt.

Meatpacker Minerva seeking $350m to pay debts or takeovers

Multi-species Brazilian meat processor Minerva SA is looking to raise $350m in capital a week after beleaguered giant JBS sold the firm many of its South American beef assets.

Meat sector facing new trade tariffs post-Brexit

UK meat exporters may have to negotiate trade tariffs on a country-by-country basis with over 100 nations upon exiting the European Union (EU) on 29 March, 2019.

Deadline approaching for World Steak Challenge

Steak producers have less than a week to enter this year’s World Steak Challenge. 

Cargill in Colombia with Pollos El Bucanero takeover

International agri-food giant Cargill has entered the Colombian market through the acquisition of poultry firm Pollos El Bucanero SA, for an undisclosed sum.

Global progress made to address antibiotic reduction, says OIE

More countries are warning industry stakeholders about the risks of antimicrobial resistance than they were two years ago, according to the World Organisation for Animal Health (OIE).

Coexca to create 350 jobs after Danish investment

A multi-million dollar investment in Chilean pork producer Coexca SA will create 350 jobs as the farmer-owned cooperative aims to double production amid booming Chinese import demand.

JBS posts poor income amid bribery investigation

Brazil-based JBS, one of the world’s largest meatpackers, has reported poor results for the first quarter of 2017.  

Industry ‘must’ cut antibiotics, says poultry council

International chicken business leaders have agreed a united stance on antibiotic use, claiming industry must reduce antimicrobials that pose the “greatest global risk”.

Global meat prices grow despite overall food decline

Most global food commodity prices have continued to decline in 2017 but meat has again bucked this trend, claims the Food and Agricultural Organisation (FAO).

GlobalMeatNews Survey

Drive to cut meat eating had biggest impact last year

Pressure from all angles to cut meat consumption for health or environmental reasons had the single biggest impact on the industry last year, according to an exclusive GlobalMeatNews survey.