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22 May 2015
Record Second Quarter Earnings for Hormel Foods
US - Meat product manufacturer Hormel Foods has reported record performance for the fiscal year 2015 second quarter....
Terrena to Buy Controlling Stake in Poultry Producer Doux
FRANCE - Terrena, supported by Sofiprotéol as minority shareholder, has signed an exclusive agreement with D&P Participations, a subsidiary of the Calmels family’s holding company, to buy its 52.5 per cent controlling interest in Doux Group....
International Farming Organisations United on Trans-Pacific Partnership
GLOBAL - As Trans-Pacific Partnership (TPP) nations meet this week in Guam to continue negotiations, agri-food producer and processor organisations from around the world have united to call for a trade agreement to improve market access for agricultural...
China-Brazil in Bilateral Trade Deal
BRAZIL - China and Brazil are to step up action on a bilateral trade agreement....
Ghana Government Promises Millions to Revamp Poultry Industry
GHANA - Ghana's government will soon hand over millions of Ghanaian cedi to help revamp the poultry industry....
21 May 2015
Cranswick Hits £1 billion in Revenue After Poultry Aquisition
UK - UK meat and food processor Cranswick Foods has seen its revenue rise to more than £1 billion over the last year, as profits were boosted by the aquisition of a cooked poultry producer....
Global Protein Developments: What are the Implications for the Meat Industry?
ANALYSIS - What meat will be on the world's plate in the coming decades? Who will eat what and why? Stuart Lumb went to listen to Rabobank analyst Albert Vernooij. ...
South Africa Seeking Solution on Trade with USA
SOUTH AFRICA - In late April, Africa’s second largest economy, South Africa, sought a solution with the United States over renewal of the African Growth and Opportunity Act (AGOA)....
20 May 2015
Zimbabwe Poultry Industry Grows in First Quarter of 2015
ZIMBABWE - Zimbabwe reported in early May that its poultry industry had grown by 22 per cent during the first quarter period of 2015....
Commission to Conduct Survey on Animal Welfare
EU - The European Commission is to launch a Eurobarometer survey into animal welfare this year....
Southern African Poultry Producer Astral Sees Profits Rise
SOUTH AFRICA - South African poultry producer Astral Foods Limited announced profit increases in their interim results for the six months ended 31 March 2015 compared to a similar period in 2014....
19 May 2015
WTO Rules Against US over Country of Origin Labelling
GLOBAL - The World Trade Organisation (WTO) has thrown out the US appeal against its ruling over mandatory country of origin labelling....
18 May 2015
JBS Sees Sharp Rise in Profits
BRAZIL – Brazilian based beef and food processing giant JBS has reported a 57.6 per cent rise in operating profit, EBIDTA, for the first quarter of the year reaching R$ 2.76 billion (reais)....
14 May 2015
First Steps in CAP Simplification Announced
EU - A first set of concrete actions towards CAP simplification have been announced by EU Agriculture and Rural Development Commissioner Phil Hogan, on issues related to the guidelines for Direct Payments this year....
12 May 2015
CME: High Meat Demand Despite High Prices
US - Whatever may be ailing US meat and poultry markets, it is still our conclusion that domestic demand is strong, at least through March, write Steve Meyer and Len Steiner....
New Government Should Set Positive Agenda for Farming
UK - The National Farmers Union is looking forward to working with the new government to shape and implement their food and farming manifesto pledges....
11 May 2015
CME: US Restaurant Performance Decline
US - Restaurant performance indicators have declined slightly according to March data, but this is no reason for alarm, write Steve Meyer and Len Steiner....
Eggs in Short Supply in Minneapolis-Saint Paul
US - As the result of recent avian flu outbreaks in layer flocks, eggs are reported to be in temporarily short supply in some of the leading supermarkets in Minnesota's Twin Cities....
08 May 2015
Price of Chinese Farm Produce Drops Slightly
CHINA - The price of farm Chinese produce continued to fall last week according to a survey of 36 medium and large sized cities carried out by the Ministry of Commerce....
FAO Predicts World Food Import Bill to Fall to Five-year Low
GLOBAL - International prices for agricultural commodities continued to decline in April and abundant inventories are poised to offset any pressure from the slight reduction in global harvests expected this year....
07 May 2015
Strong Quarter for Tyson Foods
US - US meat and poultry processing giant Tyson Foods has seen sales increase by 10.5 per cent to approximately $10 billion in the second quarter of the year....
Brazil’s Chicken Sector Cashes in on Weaker Currency
BRAZIL – Brazil is capitalising on exchange rate volatility with a ten per cent rise in chicken meat exports as the real loses value....
06 May 2015
USDA Report Shows Little Economic Benefit to COOL
US - A new USDA report finds some evidence of consumer interest, but negligible economic benefit, to mandatory country-of-origin labelling (COOL)....
05 May 2015
Volatility Takes Its Toll on UK Farm Profitability
UK - A significant drop in commodity prices across the board is a major factor in causing a fall in the overall profitability of the farming sector in 2014, the National Farmers Union has said....
CME: Rising Bird Flu Cases Do Not Change Price Outlook
US - The bird flu situation continues to worsen, with more cases announced daily in Iowa and Minnesota, write Steve Meyer and Len Steiner....
 
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