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Friday, May 15, 2020
CP Foods projects record high profits due to record pork prices
Prasit Boonduangprasert, Charoen Pokphand Foods Pcl (CPFoods) chief executive said the company also plans to expand to North America, reported Reuters.
Friday, May 15, 2020
Norway's seafood exports drop
In April, Norwegian seafood companies sold 183,000 tonnes of fisheries and aquaculture products, 30,000 tonnes lower than March and 7% lower on-year, reported SeafoodSource.
Friday, May 15, 2020
Australia's seafood sector hit by COVID-19 restrictions
Staggering from disrupted supply chains and coronavirus-related lockdowns, the seafood industry of Australia is predicted to drop in value by at least AUD400 million this year, reported Al Jazeera.
Thursday, May 14, 2020
Tyson Foods to reduce its beef product prices
The company will discount prices on specific products this week as grocery prices continue to rise due to the COVID-19 pandemic, reported CNN.
Wednesday, May 13, 2020
Frozen seafood supports US fishing sector amid COVID-19 crisis
As the COVID-19 outbreak continues, frozen fish sticks and canned salmon are once again in demand, forcing a change of market for the US fishing sector that usually turns to restaurants to serve their fresh seafood, reported Reuters.
Thursday, May 7, 2020
Seaboard Foods confirms 116 COVID-19 cases at running pork plant
While the meat sector attempts to keep doors open and settle fears of supply insufficiency, at least 116 employees at Seaboard Foods in Oklahoma have tested positive for the new coronavirus, reported FOX Business.
Wednesday, May 6, 2020
Impossible Foods to sell flagship alternative meat burgers in Kroger
The company gains a foothold in a major United States supermarket chain, which would see its plant-based burgers sold in 17,000 Kroger stores in the country, reported Reuters.
Wednesday, May 6, 2020
US agri-food producers get $470-million additional support from government
The US Department of Agriculture on Monday, May 4, announced the details of its $470-million food purchase scheme that will provide additional support for agri-food producers and Americans in need, in response to changing market conditions ...
Wednesday, May 6, 2020
Smithfield Foods reopens South Dakota facility
The United Food and Commercial Workers union said the company began limited operations in its Sioux Falls plant, which was initially closed to halt the spread of COVID-19, reported Reuters.
Wednesday, May 6, 2020
Tyson Foods: COVID-19 will continue to disrupt US meat plants
The company said the COVID-19 pandemic will continue to disrupt meat production in the United States despite an executive order from US President Donald Trump to keep plants open, reported Reuters.
Tuesday, May 5, 2020
European Commission adopts package of measures to further support agri-food sector
The European Commission published Monday, May 4, the latest package of exceptional measures to further support the agricultural and food sectors most affected by the coronavirus crisis.
Tuesday, May 5, 2020
Nearly 300 workers at Triumph Foods test positive for COVID-19
According to state health officials on Friday, almost 300 workers at a Triumph Foods pork processing plant have tested positive for COVID-19, reported Hays Post.
Monday, May 4, 2020
US-based Pilgrim's Pride says fast food chicken demand close to pre-COVID-19 levels
Poultry company Pilgrim's Pride Corp, owned by JBS SA said demand for chicken among quick service restaurants (QSR) in the United States have bounced back to pre-pandemic levels, reported Reuters.
Friday, May 1, 2020
Tyson Foods pauses operations at Dakota City beef plant
Tyson Foods Inc is halting operations up to May 4 at its Dakota City beef facility in Nebraska to complete a deep cleaning of the plant amid the COVID-19 outbreak, the company said on Wednesday, reported Reuters.
Thursday, April 30, 2020
Canada-based Maple Leaf Foods expects increased demand for pork from Asia in second quarter
The company also reported 12.8% higher first-quarter sales as consumers stock up on food during the COVID-19 pandemic, reported Reuters.
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