Economics

BRF was boosted by a solid rise in volume sales of processed meat products

BRF curbs spend amid economic crisis

By Oscar Rousseau

One the world’s largest meatpackers, BRF, has cut its investment spend as its home country, Brazil, slowly recovers from a two-year economic recession.

Taze Ay has received financial support from EBRD in the past

Halal sausage maker to quadruple production

By Oscar Rousseau

Turkmenistan halal meat producer Taze Ay plans to increase sausage production by 400% after securing a loan from a London bank investing in small and medium-sized enterprises (SMEs).

Chinese demand for international pork continues to grow

World Meat Congress 2016

China’s meat demand ‘higher than expected’

By Oscar Rousseau

China will continue to import huge quantities of pork despite its stagnant economic growth, analysts at the World Meat Congress stressed. 

Wellard is the biggest livestock shipping business in Australia

Wellard expects profits, despite ‘complex’ position

By Oscar Rousseau

Australia’s largest livestock shipping business, Wellard, expects its full-year profits to be in line with company estimates, despite a double ship breakdown which cost the business AU$7.7 million in repair fees alone.

Price swings have caused headaches for the US beef industry

Extreme volatility hurts US beef industry

By Oscar Rousseau

Week-to-week volatility in the US beef sector has caused more difficulty for the industry than sharp price declines, Rabobank has claimed. 

Zambeef runs close to 100 retail stores in Zambia, along with nine abattoirs

Huge profit growth for Zambeef

By Oscar Rousseau

Aggressive expansion across West Africa has resulted in soaring profit growth for Zambeef, but extremely strong foreign exchange headwinds have troubled analysts.

Argentina, Brazil and New Zealand all boosted exports of beef to China in 2015

Beef imports rise as China’s growth cools

By Oscar Rousseau

China’s official beef imports surged by more than 50% last year as a government crackdown on grey market meat bolstered formal trade figures, according to a new report.

Rigid plastic packaging is expected to boom, thanks to growth in emerging markets

Rigid plastic packaging market to hit $188bn

By Oscar Rousseau

A new report by London-based research firm Visiongain has said it expects the rigid plastic packaging market to reach $188bn by the end of this year.

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