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Thursday, March 26, 2020
US seafood sector awaits aid from US$2 trillion stimulus package
The US Congress is nearing finalisation of a third COVID-19 stimulus bill totalling up to US$2 trillion (EUR1.85 trillion) in across-the-board relief, which includes provisions for the fishing industry.
Wednesday, March 25, 2020
Thai Union donates US$30,411 worth of seafood products to COVID-19 frontliners
The Thai Union Group PCL has donated 1 million baht (US$30,411) worth of SEALECT and FISHO products to support the Thai government's medical teams who are in the frontline battling the global spread of coronavirus.
Monday, March 23, 2020
India's seafood exporters fear stock pile up
India's seafood sector fears piling up of stocks, with exports to US, UK, China and other eastern countries affected due to COVID-19.
Saturday, March 21, 2020
Norwegian seafood exports face great challenge in European markets amid pandemic
The EU will pose the biggest challenge to Norway's seafood exports amid the COVID-19 pandemic, according to the Norwegian Seafood Council (NSC).
Friday, March 20, 2020
Tyson Foods expects US grocery meat supply to recover
Noel White, Tyson Foods CEO said the demand for meat will outstrip supply due to COVID-19 in the United States, but supplies will soon be replenished in a couple of weeks, reported Reuters.
Thursday, March 19, 2020
Shiok Meats creates sustainable seafood from stem cells
Start-up Shiok Meats, founded by scientists Sandhya Sriram and Ka Yi Ling, is developing cell-based shrimp and seafood, as part of a growing global revolution in protein production.
Wednesday, March 18, 2020
Impossible Foods raises US$500 million in investment
The plant-based meat company obtained US$500 million from its latest round of funding, led by Mirae Asset Global Investments from South Korea, reported Reuters.
Monday, March 16, 2020
Czech Republic food reserves adequate excluding pork
Miroslav Toman, Czech Republic Agriculture Minister said agriculture food supply is sufficient but food processing industries need to be supplied with protective equipment, disinfectants and financial support in the wake of COVID-19, report ...
Friday, March 13, 2020
China draws up food safety standards on beef growth hormones
The proposed standards to limit growth hormone residues in beef could be a sign that China will open its market to US beef imports, reported Reuters.
Friday, March 13, 2020
COVID-19 seen to wipe US$247 million off Australian seafood sector
The seafood prices in Australia are falling and fishers are pleading for help as major international markets shut down due to the spread of coronavirus.
Thursday, March 12, 2020
Charoen Pokphand Foods to acquire 20% stake in Tesco Asia Group
Charoen Pokphand Foods Public Co. Ltd. (CPF) of Thailand, through its wholly owned subsidiary C.P. Merchandising Co. Ltd. (CPM), has resolved to acquire shares or economic interest of up to 20% of total issued shares in Tesco Asia Group, a ...
Thursday, March 12, 2020
15,000 people sign NFU petition to maintain UK food standards in trade deals
The National Farmers Union (NFU) petition aims to urge the UK government to maintain its high food standards amid trade negotiations with the European Union and United States.
Wednesday, March 11, 2020
French farmers press government to stop UK from easing food safety rules
Farmers do not want post-Brexit United Kingdom to relax its food safety rules because there is the possibility of more low-cost chicken entering France from the US, reported Reuters.
Tuesday, March 10, 2020
Norway's seafood export volume down 6% in February but value up 17%
Norway's seafood exports in February decreased 6% to 216,000 tonnes, compared with the same month last year. Value, however, increased by 17% or NOK 1.4 billion to NOK9.3 billion (US$ 979.75 million).
Wednesday, March 4, 2020
Impossible Foods drops prices on its products sold to US distributors
The company announced a 15% average fall in prices sold to distributors in the United States to make their plant-based meat products more competitively priced to beef, reported Reuters.
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