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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
Brazilian meat, soy, and wheat exports to Arab nations on the rise
Brazilian exports of meat, soy, wheat, and other commodities to 22 countries in the League of Arab Nations increased in the first quarter of 2022, during a time of soaring agricultural commodities prices and rising demand to stock up on foo ...
Monday, May 2, 2022
Lockdown in Shanghai, China has slowed down the country's meat trade
China's typically robust meat sector is slowing because of the prolonged lockdown in Shanghai, China's financial capital, with tight COVID-19 procedures resulting in logistical bottlenecks across the food industry, a reflection of broader c ...
Friday, April 29, 2022
CEOs of major beef meatpackers deny market manipulation is behind rising beef prices
The CEOs of four major meatpacking corporations denied working together to control beef supplies or prices, defending themselves against claims of profiteering at a US congressional testimony, Bloomberg reported.
Wednesday, April 27, 2022
WHO and FAO seek for experts focusing on salmonella and campylobacter in poultry meat
The World Health Organization and the Food and Agriculture Organization of the United Nations (FAO) are looking for data and experts on salmonella and campylobacter in poultry meat.
Thursday, April 21, 2022
Meat exporters from Brazil face difficulties shipping to Shanghai, China
Brazil's meat lobby group ABPA, which represents major pork and chicken processors such as JBS SA and BRF SA, said its member companies are facing difficulties shipping meat to the Port of Shanghai, China due to a COVID-19 lockdown there, R ...
Monday, April 18, 2022
Three Brazilian beef producers banned from exporting meat to China for one week
China's General Administration of Customs (GACC) has suspended beef imports from three Brazilian beef exporters for one week - JBS SA, Marfrig, and Naturafrig, affecting four plants located in Mato Grosso and Sao Paulo states from April 16, ...
Monday, April 18, 2022
FAO price index: Pig meat prices saw biggest monthly increase in March since 1995
The FAO Meat Price Index averaged 120.0 points in March, up 5.5 points (4.8%) from February, reaching an all-time high.
Friday, April 15, 2022
CEOs of four major US meatpacking companies to speak at Congressional hearing
David Scott, the US House Agriculture Committee Chairman said on Wednesday that the CEOs of major meatpackers Cargill, Tyson Foods, JBS, and National Beef Packing have agreed to appear at a Congressional hearing on cattle markets and price ...
Wednesday, April 13, 2022
USDA projects increased worldwide meat production
In its latest outlook for global pork, beef and chicken production and trade, the USDA projected increased global meat production and shifting trade, especially the effects of China's steadily recovering swine herd, the UK Agriculture and H ...
Wednesday, April 13, 2022
US a profitable market for UK red meat exports
UK Her Majesty's Revenue and Customs (HMRC) data showed exports of UK pork increased by over 50% to 592 tonnes, worth GBP 1.8 million (~US$2.3 million; GBP 1 = US$1.30), up from GBP 1.2 million (~US$1.5 million) in January 2021, while UK be ...
Tuesday, April 12, 2022
South African Association of Meat Importers and Exporters warns of rising chicken prices
The South African Association of Meat Importers and Exporters said chicken prices are expected to increase, and has called for the removal of trade tariffs on all poultry products and a three-year moratorium on any new tariffs to ease consu ...
Monday, April 11, 2022
EU pigmeat production in 2022 hampered by high costs and ASF
High costs of inputs and lasting effects of African swine fever (ASF) are expected to push the European Union's pigmeat production downwards in 2022, according to the European Commission's spring Short-Term Outlook for EU Agricultural Marke ...
Monday, April 4, 2022
Germany's per capita meat consumption dropped 2.1kg last year
Germany's 2021 per capita meat consumption fell by 2.1 kilogrammes compared to 2020, a new all-time low, according to preliminary data from the Federal Information Center for Agriculture.
Monday, April 4, 2022
PHW Group and SuperMeat to introduce cultivated poultry products to Europe
Major European poultry producer PHW Group and SuperMeat have signed a Memorandum of Understanding (MoU) to bring cultivated poultry products to Europe, citing chicken, duck and turkey for future production, SuperMeat reported.
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