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Thursday, January 4, 2024
StoneX revises down Brazil's soybean crop forecast for 2023/24 amid lack of rain
Agribusiness consultancy StoneX has revised its estimate for Brazil's soybean crop in the 2023/24 season from 161.9 million tonnes to 152.8 million tonnes, citing a lack of rain in crucial agricultural regions, XM reported.
Thursday, January 4, 2024
US chicken producers sue Tyson following shutdown of Missouri plant
A group of chicken producers of Tyson Foods' former Dexter, Missouri, US processing plant claims Tyson breached their contracts when it shut down the site.
Tuesday, January 2, 2024
Indonesian startup expands into poultry downstream industry
Indonesian quick-commerce startup Dropezy has expanded its operations into the poultry downstream industry and rebranded itself as Sekilo, driven by a commitment to adapt to market demands and explore new opportunities in the meat processin ...
Tuesday, January 2, 2024
Iran's red meat output down 30% during October 23 - November 21, 2023 period
Iran's production of red meat stood at 37,147 tonnes in the eighth month of the current Iranian calendar year (October 23-November 21, 2023), showing a 30% fall compared to the same month in the past year, the Statistical Center of Iran (SC ...
Thursday, December 21, 2023
FrieslandCampina to cut down 1,800 jobs worldwide as part of cost reduction
FrieslandCampina intends to lower costs by reducing over 1,800 jobs worldwide over the next two years, of which around 1,200 jobs will be cut down in 2024.
Wednesday, December 20, 2023
New Zealand's weaker export revenue of dairy, meat expected to drag down overall export revenue
New Zealand's food and fibre export revenue will likely drop 5% in the current financial year, the country's Ministry for Primary Industries (MPI) predicted.
Tuesday, December 19, 2023
US soybean exports face slowdown despite demand
Recent figures from the United States Department of Agriculture revealed a notable decline in soybean export inspections, reaching a 10-week low of 984,410 metric tonnes for the week ended December 7, 2023, Reuters reported.
Monday, December 18, 2023
FAO Meat Price Index in November downed 0.4% from October
The FAO Meat Price Index averaged 111.8 points in November, down by 0.4% from October and reflecting small drops in the prices of poultry, pig and bovine meats.
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.
Monday, October 30, 2023
Cattle slaughterings in Republic of Ireland down 3.6% in 2023
The latest data from the Republic of Ireland's Central Statistics Office (CSO) reveals a 3.6% decrease in cattle slaughterings during the period from January to September 2023 when compared to the same months in the previous year, Agriland ...
Tuesday, September 19, 2023
Potential government action threatens to scale down salmon industry in Tasmania, Australia
The salmon farming trade of Tasmania, Australia, is under threat following a debate in Australia's federal parliament over the $1.3 billion industry.
Monday, September 11, 2023
FAO Meat Price Index down 5.4% in August
The FAO Meat Price Index averaged 114.6 points in August, down 3.6 points (3.0%) from July and 6.5 points (5.4%) from its value a year ago.
Wednesday, August 30, 2023
Norwegian salmon prices continue downward slide, exports up
Norwegian salmon prices have continued to decline for for the 33rd consecutive week in 2023, but export volumes have increased week-on-week, SeafoodSource reported.
Tuesday, August 15, 2023
China VB1: Weak demand drags down prices (week ended Aug 6, 2023)
Despite decreased output, vitamin B1 market remained soft amid lacklustre demand.
Tuesday, August 15, 2023
US pork exports in June up 12%, beef exports down 12%, according to USDA data
US pork exports concluded a strong first half with another strong performance in June, according to data released by the United States Department of Agriculture and compiled by the US Meat Export Federation.
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