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Breaking News on Global Meat Trading and Processing

Headlines > July 2017

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Russia buys Brazilian pork as it lacks ‘choices’

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.

US set to eat record-breaking amount of chicken

Americans are expected to eat more chicken than ever before, despite foodservice and supermarket reports claiming consumption dropped by 6.9% and 3.4% respectively.

New Zealand to improve animal welfare measures

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

Hungarian meat processor to invest €5.4m in new facility

Hungary’s poultry meat processor Gallicoop Pulykafeldolgozó Zrt has unveiled plans to invest some HUF 1.65 billion (€5.4m) to set up a new meat packaging plant. 

Hilton Food Group sees sterling drop benefit

UK-based meat packing business Hilton Food Group (Hilton) has reported solid financial growth for the year so far with currency fluctuations aiding progress.

Cost of Australian red meat set to fall

For the first time in three years, Australian cattle prices are lower than they were 12 months ago and, with production up, the price drop has caused some concern.

Acquisitions assist Atria’s profit rise

Two takeovers in the past 18 months have helped Finnish meat processor Atria post what its CEO called “delightful” profit and sales growth. 

News in brief

Majority of Americans don’t support horse slaughter

A new poll has revealed that 80% of the American population opposes the slaughter and consumption of the nation’s horses. 

Brazil and EU team up to take on food security

Brazil and the European Union are throwing their joint support behind agricultural production and working together to tackle food security concerns.

Hard-hit HKScan posts €20m loss

An earnings decline across HKScan’s biggest Scandinavian markets saw the struggling Finland-based meat processor post a €20.8m pre-tax loss in its half-year results.

Bone splinter find sparks 3,000 tonne recall of ‘beloved’ hot dogs

New York-based Marathon Enterprises has recalled more than 7m pounds (lb) of hot dogs that may be contaminated with bone fragments.

US BSE fears played down by industry

The US beef industry has moved quickly to allay fears over an incident of bovine spongiform encephalopathy (BSE) in Alabama.

OctoFrost Group buys Dutch Innotec Systems

A Sweden-based manufacturer of machinery tunnels used to quick-freeze bulk meat products has acquired Dutch Innotec Systems for an undisclosed sum.

New Australian beef marketing campaign launched

Meat & Livestock Australia (MLA) has launched a new domestic beef marketing campaign.

Trump’s new NAFTA goals backed by beef body

Market access is Donald Trump’s top priority ahead of talks to renegotiate trade terms with Canada and Mexico, an objective praised by the National Cattlemen’s Beef Association (NCBA).

Perdue Farms’ welfare pledges welcomed

US poultry producer Perdue Farms has announced the implementation of new animal care improvements across its business.

Meat production in Russia keeps growing

Russia has increased poultry production by 5.4%, pork production by 5.7% and beef production by 1.1% between January and May 2017 compared to the same period last year, according to...

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.

Alliance Group targets UK foodservice market

New Zealand food co-operative Alliance Group has launched a pilot programme to target the UK’s premium wholesale foodservice sector.

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.

Horsemeat trading ring dismantled by police

An investigation by the Spanish Guardia Civil, in co-ordination with Europol, has led to the dismantling of a horsemeat trading ring.

Fast food franchise wars in China

Hua Ke Duo's black sesame sprinkled buns and chilli pepper flavourings are Chinese, but the hamburgers are bigger than those at McDonald’s. 

Russia eyes Chinese poultry trade as shortages loom

Russia is planning to promote exports of poultry and pork to China and has already started talks with the Chinese government to increase exports beyond their current low volumes. 

Thai Union commits to sustainable fish sourcing

Seafood producer Thai Union has announced its commitment to tackling concerns within the fishing sector, in what has been branded a “new standard”. 

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...

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