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Breaking News on Global Meat Trading and Processing

Headlines > July 2017

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Parisian steakhouse opens with promise to serve better value meat

Italian restaurant group Big Mamma has opened its first steakhouse, Pink Mamma, reportedly selling t-bone and tomahawk steaks up to three times cheaper than its competitors do.

EU pig production increases but farmgate prices remain steady

The number of pigs being produced within the European Union seasonally has been increasing. Citing data from the European Commission, Quality Meat Scotland (QMS) forecasts that this will continue to...

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.

Cherkizovo Group chairman consolidates company stake

The chairman of Cherkizovo Group, one of Russia’s largest meat processors, will consolidate his stake in the company by buying 21.3% of its shares, currently owned by Prosperity Capital Management,...

Social media war erupts over Chinese halal delivery service

China’s ambitions to be a halal meat power have been questioned in a social media storm over the use of halal marketing by one of the country’s leading food delivery...

Exclusive

European pig sector to share intel on gas stunning

Trade bodies backing the EU pig sector will start sharing information on gas stunning amid pressure from welfare activists who have long campaigned against the practice.

US pork council backs anti-state regulation act

The US pork industry has thrown its weight behind an act that would stop states from adopting laws and regulations that ban the sale of products from outside of that...

Premium Porc to invest in efficiency in Romania

Danish-owned pig breeder Premium Porc is planning to invest with the aim of increasing its production efficiency and expanding sales in the Romanian market where it is based.

Six Australian meat outfits hit by China ban

China has temporarily suspended six Australian meat plants from exporting beef and lamb – and reports of a breakthrough in talks to resolve the issue have been dismissed. 

News in brief

New meat snacking solution launched by Hormel Foods

US-based Hormel Foods has revealed a range of new meat snacking options, catering to the demand for convenience eating. 

Bank deal helps JBS stabilise $6.5bn debt – for now

Meatpacker JBS SA has reached a deal with its lenders to stabilise the terms of billions of dollars in debt owed by its JBS Brazil unit.

Ajinomoto set to thaw Europe with multi-million euro takeover

Japanese food giant Ajinomoto has fired up its European growth plans with the acquisition of France’s frozen food business Labeyrie Traiteur Surgelés (LTS) for an undisclosed sum.

US defends chlorine-washed chicken amid backlash

Trade negotiations between the US and UK regarding poultry imports should be based on “sound science”, as opposed to politics and fearmongering. 

US consumers favour country-of-origin labelling

Almost nine out of 10 US consumers are in favour of country-of-origin labelling for fresh meat, according to a recent survey.

Excitement builds for Japan's Wagyu Olympics

Japan’s top cattle and meat producers are gearing up to compete in the country’s next ‘Wagyu Olympics’, the country’s premier beef cattle show, to be held in Sendai, Miyagi prefecture,...

Hot topic

No timeline on restoring Brazilian beef imports

Brazil needs to make serious progress on its meat inspections before any timeline can be set on lifting a US ban on imports of fresh beef, according to US agriculture...

Spanish business buys $27m stake in Russia's Cherkizovo

Spain’s Grupo Fuertes has increased its stake in Cherkizovo to 8% after the Russian company’s biggest shareholder, MB Capital Europe, put 1.8 million shares up for sale.

Premium meatpacker bought by Japanese trader

US-based beef and pork supplier Creekstone Farms has been sold by Sun Capital Partners to Japanese trading conglomerate Marubeni Corporation for a fee thought to be $170m. 

Ingredion improves meat yield with new starch

Global ingredient solutions provider Ingredion has launched a new clean-label, potato-based functional native starch for cost-sensitive meat applications. 

News in brief

Animal pharmaceutical producer gets US regulatory approval

Veterinary drug producer ECO Animal Health (ECO) has secured a second approval from the US to sell its flagship antibiotic Aivlosin, used to treat a host of swine diseases.

New sausage casing offers alternative cooking methods

A global sausage casings firm has introduced a new product to the market, designed to increase manufacturers’ profitability and provide a different method for preparing sausages. 

London investor pumps cash into African chicken farm

Tanzania-based Kingchick Poultry has received a six-figure sum from a London agri-business investor as the African farm aims to scale up operations to supply local markets with low-cost chicken.

Russians are beginning to eat more meat

Russian meat consumption is set to reach 75.2kg per capita in 2017, which corresponds to the pre-crisis level of 2013 and is an increase of 2kg on 2016, according to...

New Zealand to improve animal welfare measures

New Zealand has unveiled plans to develop new animal welfare regulations. 

Russia buys Brazilian pork due to lack of choice

Brazil pork exports are down amid political turmoil, but Russia, which has alienated the world’s biggest pig meat traders, has little choice but to buy Brazilian.

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