Poultry

Hungary's plan to cut its chicken tax could stimulate consumption of poultry

Hungarian poultry sales to rise due to VAT cut

By Jaroslaw Adamowski

Hungary’s poultry sales could increase by up to 5% next year due to the government’s decision to cut the value-added tax (VAT) on chicken, according to senior industry representatives.

MHP said its poultry operation was expanding as planned, despite the latest setback

Half-year profits slashed at Ukraine’s MHP

By Oscar Rousseau

MHP, the largest agro-industrial firm in Ukraine, saw its pre-tax profits drop by nearly 20% in the first half of the year, according to the company’s unaudited half-year financial results.

Vladimir Putin and Alexey Ulyukaev want to lift the food ban on Turkey

Russia poised to lift Turkey food ban

By Vladislav Vorotnikov

Russia may lift its food embargo on Turkey, due to be in place until the end of 2016, according to the Russian Minister of Economic Development Alexey Ulyukaev.

Somalia's port at Kismayo was recaptured from Al-Shabaab militants in 2013

Somalian meat traders seek rehab for conflict-hit port

By Ramadhan Rajab, in Nairobi

Livestock exporters using the key southern port of Kismayo have called for facility improvements to spur meat trade, of critical importance to the economic health of war-wracked Somalia.

Brazil wants to be the world's top meat producer, despite an economic slowdown

Brazil to overtake US as world’s top meat exporter

By Kakie Roubaud, in Rio de Janeiro

Brazil will continue to challenge the US for the position of being the world’s biggest meat producer and exporter over the next decade, according to government estimates.

Moy Park reported a total revenue increase of 1.2% for the second quarter of the year

Moy Park posts ‘solid’ revenue growth

By Oscar Rousseau

European poultry processor Moy Park has seen a rise in revenue across mainland Europe, according to second-quarter trading figures up to 2 July.

Pesticides are sparyed on EU corn and wheat, some of which is turned into livestock feed

EU chemical industry association blasts hormone chemical guidance

By Kitty So

The European Commission’s proposed criteria on how to identify hormone-changing (endocrine-disrupting) chemicals in pesticides and biocides are insufficient for regulatory use, according to the European Chemical Industry Council (Cefic).

JBS brand Seara saw export revenue drop by 5% thanks to rising cost of raw materials

JBS profits rise but headwind intensifies

By Oscar Rousseau

Brazilian meat business JBS posted increased net revenue for the second quarter of 2016, but said it faced “significant cost increases” in raw materials, particularly in Brazil.

Cargill has cut over $2bn worth of assets in a divestment strategy

Cargill sees revenue growth in meat

By Oscar Rousseau

US meat processor Cargill has seen earnings in meat and animal protein surge “significantly” in the fourth quarter of the year. 

The business expects the solar power site to cover 14% of its energy consumption

Estonian meat processor invests in renewable energy

By Jaroslaw Adamowski

Saaremaa Lihatööstus OÜ has invested €7.5m in machinery, an overhaul of its cold storage facility, and a solar energy plant to power its meat processing site in Kuressaare.

Danish Crowns said sales with China and Japan are picking up pace

Danish Crown bemoans weak holiday demand

By Oscar Rousseau

Business is unusually slow for meat processor Danish Crown which claims sales of fresh meat are “very quiet” for one of the busiest times of the year. 

Sales of processed meat in the Middle East and North Africa more than doubled

Meat processor BRF posts drop in profits

By Oscar Rousseau

Brazilian food processor BRF posted a near-quarter drop in pre-tax profits as the soaring price of corn dented pork and poultry operations.

Iraq has a 'lack of commitment' to biosecurity, according to an FAO official in the Middle East

Iraq has ‘chronic’ bird flu problem

By Oscar Rousseau

Iraq’s inability to tackle the cause of bird flu means the deadly virus  is likely to spread across neighbouring countries, according to an expert on animal diseases.

Miratorg said defendants Pobeda were 'disinterested' in solving the outstanding debt issue

Miratorg wins lawsuit against indebted Pobeda

By Oscar Rousseau

A subsidiary of Russian meat packer Miratorg, LLC Bryansk Meat Company, has won a legal challenge against poultry supplier Pobeda, which allegedly owed the company millions in missed payments.

Philip Hammond: UK-China relations are 'more important than ever'

UK reportedly exploring free trade agreement with China

By Oscar Rousseau

British Chancellor of the Exchequer Philip Hammond is rumoured to have started negotiations with China over a multi-billion pound free trade agreement (FTA), only possible once Brexit is realised. 

The US said 'protectionist' European interests have slowed down negotiations

Meat disputes hold up TTIP deal

By Liz Newmark

Disagreements about the meat sector are holding up a deal between the EU and the US on a comprehensive Transatlantic Trade & Investment Partnership (TTIP). 

Russian President Vladimir Putin signed a new law banning imports of GM-treated livestock feed

Russia heaps restrictions on GMO imports

By Vladislav Vorotnikov

Russia has adopted a new law to ban imports of GM feed in war on genetically modified organisms (GMO) found in meat and feed products.

Despite the resignation, MHP's share price increased on the London Stock Exchange on 19 July

MHP chairman resigns, cites family reasons

By Oscar Rousseau

Charles Adriaenssen, chairman of Ukrainian agro-industrial company MHP, has stepped down after a decade at the helm of the feed and meat business. 

HKScan's chief financial officer Tuomo Valkonen said the business wants to 'start exports to China'

HKScan reports drop in profits

By Oscar Rousseau

Finnish meat processor HKScan has posted a slump in pre-tax profits, according to its interim trading results for the first half of 2016.

A string of countries have reportedly approached the UK to discuss free trade deals after it voted to exit the EU

Where next for Brexit Britain?

By Oscar Rousseau

The trade rule book with Britain will be torn up and rewritten once newly-elected British Prime Minister Theresa May triggers Article 50 – but what are the likeliest trading options? 

Over three million birds have been killed in Nigeria as a result of Africa's bird flu virus

Bird flu virus cuts through central Africa

By Oscar Rousseau

Nations across west and central Africa are on high alert as the highly pathogenic avian influenza strain H5N1 tears through the region with devastating effect. 

IMTA: South Korea rumoured to have approached UK regarding a free trade agreement

IMTA sets out Brexit strategy

By Aidan Fortune

A post-Brexit strategy for British meat exporters has been developed by the International Meat Trade Association (IMTA).

Meat prices have increased but global production is expected to stagnate this year

FAO: Global price of meat up

By Oscar Rousseau

The price of a shopping basket of meat products increased for the third month in a row, according to the Food and Agricultural Organisation’s (FAO) Meat Price Index.

Ukraine is flying the flag for poultry in the EU with plans to increase exports to the Eurozone

Ukraine sees strong rise in poultry exports

By Vladislav Vorotnikov

Ukrainian poultry producers have substantially increased exports of poultry this year despite facing several challenges, according to the Union of Poultry Farmers.

Bernard Matthews chairman, Alan Jamieson, said sale proceeds would be used to

Bernard Matthews sells German turkey arm

By Oscar Rousseau

Turkey processor Bernard Matthews has sold its German subsidiary Oldenburg to Sprehe Group for €14m as the UK business sounds out a new buyer.

Growth in Belarusian poultry plants has been largely down to equipment upgrades

Belarus eyes international markets

By Vladislav Vorotnikov

Poultry production in Belarus rose by nearly 70% between 2010 and 2015 and now the country has said it wants to become more competitive internationally.

Meat without murder: the lab-grown chicken breast could be ready in under two years

Lab-grown meat to ‘revolutionise’ food sector

By Oscar Rousseau

Tel-Aviv business SuperMeat has launched a crowdfunding campaign to raise investment in developing technology that makes lab-grown poultry a viable replacement in the meat industry.

The halal market is expected to be worth close to $60bn within the next four years

BRF spin-off creates halal unit

By Oscar Rousseau

Brazilian meat processor BRF has announced plans to set up a subsidiary tasked with strengthening the meat giant’s supply of meat to Muslim consumers.

Vladimir Putin's trade bans on western imports have hurt the meat industry

GlobalMeatNews Survey

Russian trade ban inflicts maximum damage

By Oscar Rousseau

Russia’s politically-motivated decision to slash meat imports continues to be a bloody thorn in the side of the meat industry, according to an exclusive GlobalMeatNews survey.

The European Commission wants to give meat producers more flexibility over transport requirements

Food safety body weighs in on meat spoilage

By Oscar Rousseau

The European Food Safety Authority (EFSA) has updated its advice on meat spoilage during storage and transport, following a request from the European Commission.

The price of European bacon imported by the UK could rise

Brexit may trigger meat price hike

By Oscar Rousseau

Analysts expect the cost of imported meat, such as bacon, to rise after the pound plummeted in the wake of the UK’s historic decision to leave the European Union.

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