Ukrainian processor MHP’s increased revenue and production levels have been tainted by rising labour and administrative costs, which have damaged the company's profits during the first quarter.
Revenues at plant-based meat brand Beyond Meat tripled in Q1 2019 vs Q1 2018, surging 215% to $40.2m, slightly ahead of guidance provided in its IPO filings, primarily driven by growth of the ‘cook from raw’ Beyond Burger in foodservice and retail channels....
Croatian meat producer and processor Vajda has invested more than HRK 50 million (€6.8m) in modernising and increasing its production capacities in Čakovec, in the country’s northern region.
Australian Agricultural Company (AACo), the country’s largest cattle producer, has suffered a AUS $100m hit due to the harsh weather conditions experienced at the start of 2019.
Polish poultry meat producer and processor Konspol is planning to continue its investments in expanding its capacities in the domestic market and as an exporter, according to senior company representatives, less than a year after its acquisition by Cargill....
