Poultry

Over $100m worth of EU beef exported to the US with face higher tariffs

Top news stories from the festive holiday

By Oscar Rousseau

US tariffs on European Union (EU) meat exports, mergers and a string of avian influenza outbreaks are just some of the biggest stories you may have missed over the holiday season.

Contactless and cashless payment will continue to grow in popularity in 2017

Food trend predictions for 2017

By Oscar Rousseau

Clean and ethical labels alongside intelligent packaging and the demand for organic produce are some of the key trends likely to dominate the food industry this year.

One financial expert called CP Foods the 'ideal partner' for Bellisio Foods

CP Foods thaws US with $1bn Bellisio takeover

By Oscar Rousseau

Thailand’s Charoen Pokphand Foods (CP Foods) has flexed its financial muscles with a $1.075bn takeover of frozen specialist Bellisio Foods and a 33% stake in Poland’s SuperDrob.

Russia's sausage market is feeling deep cuts thank to long-running supermarket discounts

Russian sausage producers wage war on discounts

By Oscar Rousseau

Russia’s largest sausage manufacturers are urging retailers to drop discount promotions as they look to halt a three-year fall in sales, the Gorbatov’s All-Russian Meat Research Institute (VNIIMP) claims.

Investors praised Group of Butchers for establishing itself as a market leader

Group of Butchers joins Equistone family

By Aaron McDonald

European mid-market private equity investor, Equistone Partners Europe, has announced the acquisition of the majority stake in Group of Butchers from Nordian Capital Partners. 

The H5N8 AI epidemic has been detected across Africa, Asia and Europe this year

Ukraine facing revenue loss after EU poultry ban

By Vladislav Vorotnikov

Ukraine’s poultry industry is set to lose up to UAH150 million ($5.7m) per month due to the EU ban on poultry imports, according to the Ukraine Agribusiness Club (UAB).

Novi Monteživ has opened a new processing facility in Nikšić

Montenegrin meat processor launches new plant

By Jaroslaw Adamowski

Montenegro-based meat processor Novi Monteživ has opened a new processing facility in Nikšić, in the east of the country. The move is in response to increasing demand for high-quality poultry meat in the domestic market, according to senior company representatives. 

Zambeef opened 17 new sites this year and plans to invest in further expansion

Zambeef enjoys second year of profit growth

By Oscar Rousseau

African meat giant Zambeef has increased operating profit for the second year in a row, reporting a strong rise in trading figures to 30 September 2016.

World Meat Congress 2016, in quotes

World Meat Congress

World Meat Congress, in quotes

By Oscar Rousseau

Speakers at the World Meat Congress, in Uruguay’s Punta del Este, concluded that meat will continue to play a vital role in reducing poverty and feeding the world's growing population. 

Exports, particularly poultry, account for more than 50% of MHP's revenue

Ukraine’s MHP posts $8m third-quarter loss

By Oscar Rousseau

Ukraine’s grain and poultry giant MHP has reported a net loss of $8m for the third quarter of 2016 after a profit of $24m in the previous quarter.

JBS CEO Wesley Batista praised the 'good results' outside of South America

JBS profits fall after Brazil headwinds

By Oscar Rousseau

Brazilian meatpacker JBS has posted a 74% drop in third-quarter profits after the “most challenging period” in South America. 

Social was labelled a 'threat' and an 'opportunity' at the World Meat Congress

World Meat Congress

Social media erodes consumer trust in meat

By Oscar Rousseau

The use of social media to shame and defame meat companies accused of wrongdoing and malpractice is eroding consumer trust. 

Rosselkhoznadzor said the finding may be linked to a meat smuggling ring

Smuggling claim as Russia seizes 92 tonnes of meat

By Oscar Rousseau

Russia’s veterinary watchdog Rosselkhoznadzor has launched an investigation into meat smuggling after it seized 92 tonnes (t) of meat and seafood in the Novosibirsk region.

Poland looks set to increase poultry meat production for the fifth consecutive year

Exports drive Poland’s expanded poultry meat production

By Jaroslaw Adamowski

In the first eight months of 2016, Poland’s poultry meat production rose to 1.6 million tonnes (T), a 17% increase compared with the same period a year earlier, according the state-run Institute of Agricultural and Food Economics (IERiGZ). 

The explosion took place at a Prodo poultry farm

Methane explosion kills man at Siberian poultry farm

By Vladislav Vorotnikov

One man died, one is still in a hospital resuscitation unit and four others have been injured after a methane explosion at the sewage pumping station of a Siberian poultry farm run by meat processor the Prodo Group in Russia’s Omsk Oblast region on November...

Aaylex has announced a significant investment in its poultry division

Aaylex completes €16m investment programme

By Jarosław Adamowski

Romanian poultry meat processor Aaylex has completed a number of investments estimated to be worth more than €16m with the aim of expanding the capacities of its breeding facilities and slaughterhouse, and the launch of a new feed mill in Făurei in the...

HKScan said it may have to cut costs and bolster sales to improve profitability

HKScan looks to sales to lift profits

By Oscar Rousseau

Finnish meat processor HKScan may need to lift sales in 2017 to improve poor profitability, according to the company’s chief financial officer Tuomo Valkonen.

The British Meat Processors Association said the High Court ruling is 'not entirely surprising'

UK government loses first Brexit battle

By Oscar Rousseau

The UK’s High Court has ruled that Prime Minister Theresa May cannot trigger Article 50 of the Lisbon Treaty – the process for leaving the European Union (EU) – without parliamentary approval. 

Agriculture commissioner Phil Hogan will also discuss the EU-Vietnam free trade deal

Europe’s meat players join trade mission to Asia

By Oscar Rousseau

European meat and poultry players have joined EU agriculture commissioner Phil Hogan on a “diplomatic offensive” trade mission to capitalise on Asia’s economic growth.

Meat processor Caroli's robust 122% net profit rise has sparked its current investment drive

Romanian meat processor invests €6m as sales rise

By Jaroslaw Adamowski

Romanian meat processor Caroli Foods Group will invest €6 million to upgrade production, logistics and IT capacities of its plant in Piteşti, according to senior company representatives.

Donald Tusk (left) president of the European Council was a key player in the CETA deal

EU meat industry voices concern over CETA

By Liz Newmark, in Brussels and Mandy Kovacs, in Ottawa

The CETA deal, whose legal texts were finally signed on 30 October, will be “a painful exercise” for the EU meat sector, Copa-Cogeca secretary general Pekka Pesonen has warned.

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