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Monday, April 19, 2021
JBS to pay US$13 million to settle proposed pork price-fixing class action
Major meatpacker JBS SA will pay nearly US$13 million to settle a proposed pork price-fixing class action by retailers and restaurants, following settlement deals with wholesalers and consumers that amounted to US$45 million, Bloomberg repo ...
Friday, April 16, 2021
Canada allocates US$550 million to assist poultry and egg farmers
Canada's Ministry of Agriculture announced federal support of CAD 691 million (~US$550 million; CAD 1 = US$0.80) will be allocated to 4,800 turkey, chicken, and egg farmers over 10 years to offset losses from a trade deal allowing additiona ...
Thursday, April 15, 2021
China's meat imports in March reached 1.02 million tonnes
Data from China's General Administration of Customs showed the country imported 1.02 million tonnes of meat in March this year, the highest since January 2020 as China continues to stock up to fill domestic shortages, Reuters reported.
Monday, April 12, 2021
Effective moisture management for profitable feed milling
Producing high-quality feed while striving for highest profitability is no new strategy to feed millers. It is, however, easier said than done considering many factors affecting feed process efficiency with its risks from raw material to fi ...
Monday, April 12, 2021
FrieslandCampina announces US$356.2 million sustainability-linked loan
Royal FrieslandCampina NV has signed an agreement with ING Bank NV for a new €300 million (US$356.2 million) sustainability-linked loan that refinances part of its current short-term liabilities, the dairy cooperative announced last m ...
Friday, April 9, 2021
Agritech GPS cattle tracking company Moovement raises US$1.5 million in funding
Moovement, a Netherlands-Australia based Agritech GPS tracking company, has raised GBP 1.1 million (~US$1.5 million; GBP 1 = US$1.37) in a new funding round from Future Food Fund, which invests in agricultural and food technologies, Silico ...
Monday, April 5, 2021
HKScan makes US$7 million investment in Rauma, Finland poultry unit
HKScan has invested some €6 million (US$7 million) in a new slaughter process at its Rauma, Finland poultry unit, the company announced last month.
Monday, April 5, 2021
European Commission approves US$7.7 million scheme to support pig farmers in Belgium
The European Commission has approved a €6.5 million (US$7.7 million) Belgian scheme to support pig farmers with breeding sows in Belgium's Walloon region, taking into consideration the impact of the pandemic.
Tuesday, March 30, 2021
Hubbard lays foundation for next 100 years with US$20 million R&D investment
Hubbard has announced a project to expand and upgrade its Walpole, New Hampshire, US-based research and development operations.
Monday, March 29, 2021
US$400 million World Bank loan to help China improve food safety
China has secured a US$400 million loan from the World Bank to improve the country's food safety management and reduce food safety risks.
Monday, March 29, 2021
Meatable raises US$47 million to expand product portfolio with beef
Cultivated meat startup Meatable has closed US$47 million in its Series A funding round, bringing the company's total funding to US$60 million.
Friday, March 26, 2021
Eat Just, plant-based egg producer, raises US$200 million in new funding
Plant-based egg producer Eat Just has raised US$200 million in its new funding round, which will be used to increase capacity and expand to new markets, Reuters reported.
Friday, March 26, 2021
CP Cambodia investing more than $67 million in livestock, meat productions
CP Cambodia is investing more than $67 million in livestock production, food processing and slaughterhouses in Cambodia.
Friday, March 26, 2021
UK startup to convert carbon dioxide to protein for feed, raises US$9.4 million in funding
UK startup Deep Branch, which transforms carbon dioxide into protein to be used for animal feed, has raised €8 million (US$9.4 million) in funding.
Tuesday, March 23, 2021
JBS ordered to pay US$3.6 million following COVID-19 outbreak at its beef plant
A Brazilian court has ordered major meatpacker JBS SA to pay BRL 20 million (~US$3.62 milllion; BRL 1 = US$0.18) in damages following a COVID-19 outbreak at its beef plant in São Miguel do Guaporé, northern Brazil, Reuters reported.
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