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Poultry Industry News By Category: Markets and Economics
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Friday, June 13, 2014
India's National Bank Reduces Rates by 20 Basis Points
INDIA - Mumbai-based National Bank for Agriculture and Rural Development (NABARD) has reduced rate of interest by 20 basis points (bps) on their long-term refinance facility to banks with an objective to promote investments in agriculture, writes Jagdish...
Thursday, June 12, 2014
Slow Growth Forecast for New Zealand's Poultry Sector
NEW ZEALAND - Exports from the country's Primary Industries (agriculture) have reached record levels this year. Its poultry meat and egg sector is forecast to grow slowly but is very small compared with the dairy, red meat and wool industries....
Poultry Product Rates Likely to Jump Due to Taxation in Budget
PAKISTAN - The rates of poultry products are going to increase sharply, as the recently announced federal budget has proposed imposition of huge taxation on this major chain of food items, despite the claim of the government that no tax has been imposed...
Maharashtra State Records Agri Growth
INDIA - The Economic Survey of Maharashtra for 2013-14, which was tabled in the legislature recently, said that state recorded four per cent growth in agriculture sector, writes Jagdish Kumar....
Wednesday, June 11, 2014
We Can Feed the Poultry to Feed the World
GLOBAL - "We need science to improve poultry productivity so that the growing demand for animal protein can be met in 2050 and beyond," said Peel Holroyd in his introduction to the latest study for the Temperton Fellowship for Poultry Research. Jackie...
Justice Department Urged to Block Tyson’s Buyout of Hillshire
US - The US National Farmers’ Union has called on the Department of Justice to step in to block the proposed takeover of Hillshire Brands by Tyson Foods....
China Reports Increase in Meat, Poultry Prices
CHINA - China's Consumer Price Index (CPI), a main gauge of inflation, increased 2.5 per cent year on year in May, up from 1.8 per cent in the previous month, according to the National Bureau of Statistics (NBS). ...
Tuesday, June 10, 2014
Odisha Govt Raises Capital Subsidy Cap in Poultry
INDIA - The Odisha Government has raised the capital investment subsidy cap to Rs 75 lakh in its bid to boost poultry farming and egg production in the State and reduce its dependence on neighbouring Andhra Pradesh....
Barbadians Urged to Buy Local Poultry
BARBADOS - The Barbados Agricultural Society (BAS) maintains that the importation of chicken into the country is putting the livelihoods of poultry farmers in jeopardy....
Withdrawal of Taxes on Poultry Feed on Demand
PAKISTAN - The Rawalpindi Chamber of Commerce and Industry (RCCI) has demanded withdrawal of taxes and import duty on poultry feed, whose failure would cause a major blow to the production of essential food items....
Monday, June 09, 2014
Egypt Achieves Self-sufficiency in Eggs
EGYPT - The country has achieved self-sufficiency in eggs, prompting the agriculture minister to call for greater domestic production of animal vaccines and meat. ...
Biosecurity Concerns Fuel Australia's Free-range Egg Debate
AUSTRALIA - Egg farmers are calling for greater clarity in free-range to begin investing....
Friday, June 06, 2014
Poultry Association Demands Withdrawal of Tax and Duty
PAKISTAN - The imposition of five per cent duty on import of poultry raw material, five per cent duty on import of soybean meal and five per cent sales tax as recommended in the fiscal budget would be a setback to poultry industry in the country. ...
Feed Amino Acids Market is Flourishing
GLOBAL - The feed amino acids market is flourishing due to its increased use for enhancing animal growth. ...
New Poultry Litter Rules a Boost to the Industry
UK - The UK’s poultry industry has a chance to become more sustainable – economically and environmentally - thanks to new European laws which will allow them to make use of chicken litter for on-farm energy....
Thursday, June 05, 2014
FAO Food Price Index Falls for Second Consecutive Month
GLOBAL - The FAO Food Price Index averaged 207.8 points in May 2014, down 2.5 points (or 1.2 per cent) from April and nearly 7 points, or 3.2 per cent, below May 2013. ...
Poultry Feed Prices Dip on Lower Input Costs
INDIA - Prices of a few poultry-feed products fell by INR10-25 for a 50-kg bag on Wednesday due to the continuous fall in cost of production in the last few days....
Moy Park Reaches Zero Waste to Landfill Target
UK - To celebrate World Environment Day on 5 June, top 10 UK food company Moy Park has announced it has reached the ambitious goal of sending zero waste to landfill across all 16 of its manufacturing sites and its agricultural base throughout the UK and...
Wednesday, June 04, 2014
Sri Lankan Egg, Broiler Output Up in 2013
SRI LANKA - The local poultry industry production capacity in Sri Lanka has expanded in 2013. The egg production increased by 33 per cent year on year to 1.942 million while chicken production expanded by 5.2 per cent to 144.540 metric tons....
Karnataka to Spend $13 Million on Integrated Farming
INDIA - In order to increase agriculture produce in the state, Karnataka government has allocated US$13 million that will be spent on implementing integrated farming system (IFS) on 125,000 hectares, including backyard poultry....
Tuesday, June 03, 2014
Drought Does Not Hinder Chicken Consumption
AUSTRALIA – Pork and chicken meat consumption is on the rise as Australian shoppers buy less beef. ...
Friday, May 30, 2014
US Broiler Retail Prices Down
US - Last week, USDA Economic Research Service updated their monthly retail meat price data. Retail broiler prices were down in April, writes John D. Anderson, Deputy Chief Economist, American Farm Bureau Federation. ...
Welfare Costs Put Australian Poultry Farmers under Pressure
AUSTRALIA - The country's chicken producers say they are struggling to meet rising cost of new animal welfare standards, while new rules for free-range hens and last year's avian flu outbreak are making it hard for farmers to meet demand....
Global Malnutrition Depends on Ag Productivity, Climate Change
US - Global malnutrition could fall 84 per cent by the year 2050 as incomes in developing countries grow - but only if agricultural productivity continues to improve and climate change does not severely damage agriculture, Purdue University researchers...
Thursday, May 29, 2014
NSW Poultry Meat Producers Get Go-ahead for Collective Bargaining
AUSTRALIA - The Australian Competition and Consumer Commission (ACCC) is proposing to grant authorisation to enable members of the New South Wales (NSW) Farmers’ Association who grow chicken, turkey and duck meat, to bargain collectively with poultry...
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