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Tuesday, July 12, 2022
Seafood exports from Vietnam surpass US$3.2 billion in second quarter of 2022
Vietnam's seafood exports in second quarter of 2022 has surpassed US$3.2 billion, close to 36% higher compared to the US$2.4 billion in the same period in 2021, Fish Information & Services reported.
Friday, July 8, 2022
Norway earns over US$7 billion from seafood exports thanks to high salmon prices
The Norwegian Seafood Council said Norway earned a record NOK 71.1 billion (~US$7.047 billion; NOK 1 = US$0.099) from seafood exports in the first half of 2022, thanks largely to high salmon prices, Fish Information & Services reported.
Wednesday, July 6, 2022
Smithfield Foods to pay US$42 million to settle pork price-fixing lawsuit
US major pork producer Smithfield Foods is expected to pay US$42 million to restaurants and caterers to settle a pork price-fixing lawsuit, which alleges the firm is responsible for conspiring to inflate pork prices, the Associated Press re ...
Wednesday, June 22, 2022
Carolina Fresh Foods to set up US$10 million poultry processing plant in South Carolina, US
A joint venture formed by Carolina Fresh Foods and the owners of Lake Foods is planning to erect a new, US$10 million poultry further processing plant in Florence, South Carolina, the United States, state economic development officials anno ...
Thursday, June 16, 2022
Saudi Arabian dairy firm Almarai to invest US$108m in seafood and poultry businesses
As part of Saudi Arabia's focus on food security, Almarai, the Middle East's largest dairy company, plans to invest SAR 405 million (~US$108 million; SAR 1 = US$0.27) to drive its expansion into the seafood business and secure poultry suppl ...
Monday, June 13, 2022
Smithfield Foods to close Vernon, California, US facility
Smithfield Foods, Inc. announced on June 10 that it will cease all harvest and processing operations in Vernon, California, the United States, in early 2023 and, at the same time, align its hog production system by reducing its sow herd in ...
Tuesday, June 7, 2022
Seafood exports from Vietnam reached US$1 billion in May 2022
The Vietnam Association of Seafood Exporters and Producers (VASEP) said seafood exports from the country reached US$1 billion in May 2022, 27% higher year-on-year, Fish Information & Services reported.
Monday, June 6, 2022
Matines, egg business of French agri-food group Avril, to shut down
Matines, egg business of French agri-food group Avril that supplies 16% of eggs sold in supermarkets in France, will shut down its loss-making business after it was unable to find a buyer, with 114 workers set to lose their jobs, Reuters re ...
Thursday, June 2, 2022
Canadian Aquaculture Industry Alliance calls to intensify local food production
Timothy Kennedy, president and CEO of the Canadian Aquaculture Industry Alliance, has called on the Canadian government to intensify domestic food production to sustainably and affordably feed consumers locally and around the world, Fish In ...
Thursday, June 2, 2022
Smithfield Foods commemorates 20 years of sustainability leadership in new report
Smithfield Foods, Inc. Published last month its 2021 Sustainability Impact Report, the company's 20th, outlining its holistic approach to responsible food production and efforts to produce good food, do good work and be good stewards of its ...
Tuesday, May 31, 2022
US amends farmland conservation agreement to mitigate food crisis
The US Department of Agriculture (USDA) said certain farmers will be allowed to plant crops on environmentally sensitive land that had been set aside for conservation in an effort to mitigate the global food crisis, Reuters reported.
Tuesday, May 24, 2022
Cargill to purchase US$290 million stake in Chile salmon farmer Multiexport Foods
Major US-based commodities trader Cargill Inc has agreed to purchase a 24.5% stake in the salmon farming subsidiary of Chile's Multiexport Foods for about US$290 million, Reuters reported.
Wednesday, May 11, 2022
Tyson Foods raises its full-year sales outlook as US meat prices rise
Major US meat firm Tyson Foods has raised its full-year sales outlook as rising meat prices in the country pushed its quarterly revenue and earnings above projections, Reuters reported.
Wednesday, May 4, 2022
JBS Food Canada in agreement with TrustBIX to grow sustainable beef production
TrustBIX Inc. announced the signing of a master services agreement with JBS Food Canada ULC on April 28.
Thursday, April 28, 2022
UK organisations release video to encourage more use of "former foodstuffs" in animal feed
The United Kingdom's Agricultural Industries Confederation and UK Former Food Processors Association (UKFFPA) have created a short, animated video highlighting the environmental and nutritional benefits of recycling waste food as they sough ...
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