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Thursday, November 30, 2023
Major US food companies secure victory in egg price lawsuit
In a significant legal development, major United States food companies General Mills Inc., Kraft Heinz Co., Nestle USA Inc., and the former Kellogg Co. have emerged victorious in a lawsuit over egg prices, Meat + Poultry reported.
Wednesday, November 29, 2023
NOVUS welcomes new dairy technical services manager for Europe
NOVUS has appointed Edwin Westreicher as the company's dairy technical services manager for Europe.
Friday, November 24, 2023
China VC: Prices rebound from historic lows (week ended Nov 20, 2023)
Vitamin C producers limited production in efforts to strengthen prices. Prices of vitamin C moved higher amid improve demand and decreased supply.
Friday, November 24, 2023
China Inositol: Prices tumble further (week ended Nov 20, 2023)
Producers slashed prices in attempts to clear inventories.. Compared with a year ago, inositol prices have tumbled 45%.
Thursday, November 23, 2023
Republic of Ireland prepares for potential bird flu outbreak, issues tender for culling services
The Republic of Ireland's Department of Agriculture, Food, and the Marine (DAFM) is taking proactive measures against potential avian influenza outbreaks, seeking tenders for a EUR 1 million (US$1.09 million) depopulation services contract, ...
Wednesday, November 22, 2023
China's sow herd exceeds demand, puts pressure on pork prices
China's sow herd, standing at 42.1 million swine at the end of October 2023, continues to outpace demand, impacting live swine supply and causing downward pressure on prices, Nasdaq reported.
Tuesday, November 21, 2023
Pork prices surge in Karnataka, India amid supply shortage
Consumers of pork in coastal Karnataka, a southwestern state in India, has seen a 16.6% surge in meat prices, marking the highest increase in recent years. The Times of India reported.
Monday, November 20, 2023
Vietnam's livestock enterprises impacted by dipping live pig prices in first nine months of 2023
The decline in Vietnam's live pig prices have caused livestock enterprises to record less positive business results in the third quarter of 2023 as well as in the first nine months of the year, a local media outlet reported.
Friday, November 17, 2023
Research finds sea lice treatments linked to increased bacterial infection risk for salmon
In a recent study conducted by the Norwegian Veterinary Institute, certain sea lice treatments have been associated with an elevated risk of bacterial infection in salmon, Fish Farmer reported.
Thursday, November 16, 2023
Tyson Foods reveals Q4 earnings, lower prices impact poultry and meat markets
In its fiscal fourth quarter ending September 30, 2023, Tyson Foods announced a mixed performance in the poultry and red meat markets, as its operating income loss decreased by 160% to US$463 million, or US$0.37 per share on common stock, c ...
Thursday, November 16, 2023
Egg shortage hits Karachi, Pakistan, prices surge
Karachi, the capital city of Sindh province, Pakistan, is grappling with an artificial shortage of eggs, leading to a spike in prices as supplies to local bakeries and shops have dwindled significantly, The Express Tribune reported.
Tuesday, November 14, 2023
Record beef prices in the US due to droughts and shrinking herds
The United States is experiencing record-high beef prices, reaching approximately US$8 per pound, surpassing the previous peak of US$7.90 during the pandemic, as announced by the US Department of Agriculture (USDA), due to droughts and shri ...
Tuesday, November 14, 2023
Pork helps pull down consumer prices in China
Pork plays a significant role in the drop of China's consumer prices, which fell more than expected last month and thus put the country back into deflation.
Tuesday, November 14, 2023
Fourth straight monthly drop in FAO Meat Price Index in October
The FAO Meat Price Index averaged 112.9 points in October, down slightly (0.7 points, or 0.6%) from September, marking the fourth consecutive monthly decline and standing 3.9 points (3.4%) below its value a year ago.
Tuesday, November 14, 2023
Drop in global wheat prices in October
International wheat prices fell while coarse grain prices firmed marginally, according to the FAO Cereal Price Index in October.
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