Data Tables
Articles
Articles
Id | Title | Subtitle | Content | Active | Archived | Category | User | Created | Modified | Actiuni |
---|---|---|---|---|---|---|---|---|---|---|
Id | Title | Subtitle | Content | Active | Archived | Category | User | Created | Modified | Actiuni |
3436 | Ireland is targeting African markets for livestock exports | Buyers from Egypt and Algeria were invited to visit the farms and export assembly centres. | <p>Ireland is targeting several African markets for cattle exports next year as the industry is seeking new destinations for livestock exports. 13 influential livestock buyers from Algeria and Egypt were hosted by Bord Bia at the end of November in a three-day business trip that included visits at the farms and export assembly centres and a B2B meeting with Irish exporters.<br />The visit comes following the revision of health certificates for the export of Irish cattle to Algeria, and the subsequent export of 250 Irish bulls to the Algerian market, announced Agriland magazine.<br />"This visit comes at a crucial time, allowing Irish cattle exporters to push on and establish potentially lucrative business relationships with buyers from both Egypt and Algeria. Both markets have significant live import needs, particularly for young bulls. The visit will focus on the strengths of our livestock industry, including the clean health status, quality, and performance attributes of Irish cattle. We will also highlight our robust controls regarding traceability and transport, as well as advancements in genetics and management," commented Nicolas Ranninger, Africa manager for Bord Bia. Live cattle exports from Ireland are recording strong growth in 2019 with exports of weanlings up 11% and finished cattle up 32% on last year. In November, two revised health certificates were agreed between Ireland and Algeria for the export of cattle for breeding purposes and male cattle for further finishing. Health certificates for live cattle exports to Egypt were also updated in April this year.</p> | 1 | Industry | 2019-12-04 06:43:31 | 2025-08-01 12:17:20 | Details Edit Delete | ||
3437 | Bachoco signs investment agreement with Sonora Agropecuaria | The company intends to accelerate the rhythm of growth and to move forward in the process of diversification on other animal proteins. | <p>Industrias Bachoco leading producer and processor of poultry and other food products, announced today that an agreement has been reached on investing in the company Sonora Agropecuaria S.A., a swine processing and distributor company with operations in the states of Sonora and Jalisco. With a production capacity of about 15,000 swine per week, Sonora is ranked among the top ten processors in Mexico and it is present in both domestic and external markets, according to Swineweb magazine.<br />"This agreement will make synergies with our actual live swine business while allowing us to accelerate our rhythm of growth and continue to move forward in the process of diversification on other animal proteins", stated Rodolfo Ramos, Bachoco’s Chief Executive Officer. The process of investment is to be complete at the beginning of 2020, Mr. Ramos added.</p> | 1 | Industry | 2019-12-04 07:01:08 | 2025-08-02 01:44:40 | Details Edit Delete | ||
3438 | Fresh meat packaging segment to see significant growth for the next 3 years | North America, Latin America, Western Europe and Eastern Europe markets will support an annual growth of 3.19% for the next 3 three years. | <p>The fresh meat packaging market is to witness steady growth for the next three years, according to a recent market analysis from Market Growth Analysis. Although fresh meat has a shorter shelf life, new technologies design to preserve its freshness, color and hygiene will support the growth in this market segment.<br />The most important purpose of meat packaging is to resist chemical and physical changes, to present the item to the customer in an attractive way as well as protection against microbes. Research analysts forecast the global fresh meat packaging market to grow at a CAGR of 3.19% during the period 2018-2022.<br />Reduction in transportation expenditure increased shelf life, improved inventory, minimization of weight loss owing to palatability and evaporation owing to controlled aging are few of the important advantages of efficient fresh meat packaging. Increasing environmental issues related to the injurious effects of packaging wastes and raising awareness related to global warming are propelling the demand and requirement for the development and innovation of recyclable and biodegradable packaging material, for instance, the bio-based polymers which include polyhydroxyalkanoates (PHA). The important aspects fuelling the development of the global fresh meat packaging market comprises growing demand and popularity for meat products such as beef, pork, seafood, and poultry. Urbanization, growing awareness about the benefits of meat packaging, and growing demand for convenience products are several aspects responsible for the growth and expansion of the global fresh meat packaging market.<br />Technologies such as Modified Atmosphere, Vacuum Skin and Vacuum Thermoformed are expected to dominate the market in the next few years. The regions that will see a steady growth until 2022 are North America, Latin America, Western Europe and Eastern Europe, followed by Asia- Pacific (excluding Japan). Beef, pork and poultry will be the animal proteins that will benefit most from the development of the market. </p> | 1 | Technology | 2019-12-04 08:11:23 | 2025-08-02 02:43:22 | Details Edit Delete | ||
3439 | Spain is free to explore niche market for pork in China | The main European producer of pork is increasing its pig inventory and processing volume. | <p>Spain, the largest supplier of pork in the Chinese market, is expected to set a stronger foothold in Asia as more and more processing plants are receiving approval for export to China. Currently, Spain is increasing its pig inventory at the highest rate in Europe (4,2%) and the processing volume is also high, according to the latest Genesus report. "Spain has the lowest price of all major European producers. Even so, they are at € 1,488/kg live weight, far from the € 1,038/kg live weight of a year ago. We also continue to see heavier market weights than last year - 114.19 kg compared to the 113.31 kg of 2018 same week.<br />More hogs, more weight and price continue to rise - this can only be a response to very strong demand. Producers are in no hurry to sell and recover hogs’ weight.</p> <p>A European leader in pig production, Spain is increasing pig inventory and processing volume. This November, although no official figures yet released, there has been record activity in the processing plants", reported Mercedes Vega, General Director for Spain, Italy & Portugal, Genesus.<br />For the following years, pork exports to China can increase not only the volume but also the value thanks to the protocol that authorizes Spanish exporters to deliver products such as bone ham, sausages, pepperoni and loin. Although the protocol was signed in 2018, the first shipment of high added value products was made in October this year. "This opens new opportunities for Spanish pork products in a high-quality niche market. Since Spain has the pork, the knowledge and ability to make end-products with high added value, changing from that current 'commodity' to a niche market will encourage them to offer and strengthen high-quality products", added Mrs. Vega.<br />That can also bring some relief for the processors that are confronted with record-high prices for raw material and can't afford to transfer it all in end-product prices. <br />Spain has remained one of the few producers in the EU that is still increasing the pig inventory, while Germany and the Netherlands are in decline. Denmark was reporting a decline in pig inventory in the last couple of years, but recently Danish Crown, the country's largest pork producer announced a programme that is expected to add 1.2 million pigs in the processing plants in 2020.</p> | 1 | Industry | 2019-12-05 07:17:40 | 2025-08-02 05:09:15 | Details Edit Delete | ||
3440 | Historical record set by Argentina in beef exports | In October, the South American producer reached a volume of 95,905 tonnes of beef exported, 13,705 tonnes higher from the previous record set in November 2005. | <p>In 2019, October was the perfect month for Argentinian beef exporters who have set a new historical monthly record of 95,905 tonnes shipped abroad worth $363 million. China was the main destination for Argentinian beef keeping pace with the demand recorded since the beginning of the year.<br />During the first ten months of 2019, Argentina exported 666,040 tonnes of beef worth $2.4 billion., of which 329,500 tonnes were shipped to China. The Asian country is followed by Chile and Israel, with smaller volumes. China accounts for 64% of the value in beef exported, followed by Germany (9.4%) and Israel (6.1%), according to IPCVA statistics.<br />The average monthly exported volume of 2019 stands at 66,600 tonnes, up by 45% to the average monthly volume of 2018 of 46,000 tonnes. Currently, 50 Argentinian plants are allowed to export beef to China but the number could increase in the following months as the Asian country is importing more and more meat to reduce the deficit of pork in the domestic market. At this time, the difference in price between beef and pork in the Chinese market is at 0.6%, allowing consumers to see beef as an alternative for pig meat. As a result, increased demand for beef from China has modified the usual export map for Argentina, which is expected to reduce its presence in traditional markets such as the EU western states, Russia and the Middle East.</p> | 1 | Industry | 2019-12-05 08:24:57 | 2025-08-01 12:00:00 | Details Edit Delete | ||
3441 | Carrefour Romania opens state of the art hypermarket near Bucharest | More bio-products in the shelves and digitalization are some of the novelties that are brought in the Romanian market by the retailer. | <p>Carrefour just opened its 37th hypermarket in Romania, 24 kilometers away from Bucharest, in Balotesti. The store explores new concepts in Romanian retail and offers multiple services for the customers, as Catalin Samara, COO, Carrefour Romania said. "This is the most digitized store in Romania at this time. Almost every product in this store has an electronic tag on it. This system is backed by our application dubbed Carrefour Pay which allows our clients to order online products from our list or to scan the products from their shopping cart and reduce the waiting time at the counter", explained Mr. Samara.<br />In the last couple of years, Carrefour Romania has moved part of its services to online, by using its own website or apps such as Bringo and Gurmando. However, the impact on the physical stores is not significant as long as the retailer is using the hypermarkets and supermarkets as warehouses for online operations. " We are trying to transform this challenge in an opportunity for us", added Catalin Samara. Besides that, the store intends to promote more of the Romanian products such as wine, vegetables or meat with a special focus on bio-products reflected by their number on the shelves of the hypermarket: more than 1,000. Several other touches of digitalization, such as a large number of digital displays place between the shelves, and smoking chambers added in the butchery area are increasing the quality of the services provided to the consumers. Last but not least, the hypermarket encourages consumers to become aware of environmental issues such as recycling plastic and food waste as part of the largest programme "Act for Food" initiated by Carrefour.</p> | 1 | Retail | 2019-12-05 09:43:26 | 2025-08-01 23:30:54 | Details Edit Delete | ||
3442 | Global poultry market to reach $347 billion in 8 years | Significant growth is expected for the sector as emerging economies such as China and India will increase demand for poultry. | <p>Over the next 8 years, the global poultry market is expected to grow from $267 billion to $347 billion due to rising demand in emerging markets such as China and India, reveals the latest market research issued by Coherent Market Insights. "Until 2027, the global poultry market is expected to exhibit a CAGR of 3.0% in terms of revenue. Rapid growth in consumer demand for livestock products in emerging economies such as China and India, owing to rising poultry meat and egg production and consumption is expected to fuel the growth in the global poultry market,", said the analysts. Easy availability of poultry meat and eggs in the market is expected to boost growth of the global poultry market as these products have enjoyed growth in consumption over the last decade in markets such as India, Egypt, China, Thailand, and Brazil.<br />According to data released by the USDA, in 2017, China's production of poultry stood at 700,000 tonnes and increased by 11.7% in 2018. However, since August 2018, due to the ASF situation in China, poultry consumption is on the rise and production is expected to grow by 15% in 2020.<br />"Among regions, Asia Pacific held a dominant position in the global market and accounted for 27.3% share in the global poultry market in 2018, in terms of revenue. Asia Pacific accounts for the major share of the global population, which results in generating higher demand for poultry products such as meat and eggs. For instance, according to the Food & Agricultural Organization (FAO), China accounted for a per capita poultry consumption of 11.6 kg in 2018. This is expected to drive growth in the Asia Pacific poultry market over the forecast period", reveals the analysis.<br />Chicken segment accounted for largest share in 2018, in terms of revenue and had a share of 86.7% in the global poultry market. However, increasing health awareness among consumers will drive the consumption of the breeds that are responding to these characteristics.</p> <p> </p> | 1 | Industry | 2019-12-05 11:26:06 | 2025-08-01 14:37:09 | Details Edit Delete | ||
3443 | ABPA has a new president | Starting April 2020, Ricardo Santin will replace Francisco Turra as head of the association. | <p>The Board of Directors of the Brazilian Association of Animal Protein (ABPA) chose Ricardo Santin yesterday as the new president of the entity that represents poultry and swine production in the country, from April 2020. The unanimous choice of Santin's name came after an extensive selection process that included 25 candidates, including big names in the country's business agribusiness.</p> <p>“Santin has accumulated great experience as a political and institutional articulator of the productive sector, either internally or in countless international missions. It has the necessary technical and management capacity to act as the guiding thread of the national production chain,” says Leomar Somensi, Chairman of the Board of Directors. ABPA's current president, former Agriculture Minister Francisco Turra, will step down from April 2020, after 12 years at the helm of the association. “Because I know his competence and technical skills so deeply, I have great confidence in the excellent performance of Santin management in this new phase of ABPA,” says Turra.<br />A lawyer with a master degree in Political Science, Santin has an extensive career focused on national agribusiness. He was Chairman of the Council of CEAGESP, and served at the National Bank for Regional Development (BRDE), the National Supply Company (Conab) and the Ministry of Agriculture, Livestock and Supply (MAPA), together with Turra.<br />He joined the poultry industry in 2007 as a special advisor to the Brazilian Association of Chicken Meat Exporters (ABEF). He was one of the articulators for the creation of UBABEF (uniting poultry exporters and producers) and ABPA, with the unification of the country's poultry and poultry farming into a single entity.</p> <p>In addition to positions at ABPA, Santin is also Chairman of the Eggs Brazil Institute Board and Vice President of the World Poultry Council (IPC). Santin is also a member of the BRICS Business Council (CEBRICS), the Brazilian Business Coalition (CEB), the Brazil-United States Business Council (CEBEU), the Brazilian Section of the Brazil-Japan Business Council and the Brazil-Mexico Business Council.</p> <p> </p> | 1 | Industry | 2019-12-05 12:27:59 | 2025-08-01 14:48:13 | Details Edit Delete | ||
3444 | The Dominican Republic looks to open the Cuban poultry market | The communist country has a severe shortage of poultry and eggs and imports 70% of the food consumed in the domestic market. | <p>Dominican poultry producers may soon enter the Cuban market, as the communist country is forced to import 70% of the food consumed. There is a shortage of poultry and eggs in Cuba and despite the fact that new facilities for laying hens have been made recently the production is still low. According to Jose Lopez, president of ASOPOLLON, the Dominican Chicken Producers Association, "if it is profitable, in a prudent time, it is possible that we are selling white meat to the Cuban brothers". Chicken meat is the most demanded poultry product in Cuba, due to affordability and the Dominican Republic has an inventory of 17.5 million birds that could guarantee the supply for both the year-end and 2020, added Mr. Lopez in an interview for Diario Libre newspaper.<br />Statistical data shows that chicken meat prices in the Dominican Republic have remained stable in the last few months and getting access to the Cuban market may offer better prices for producers.</p> | 1 | Industry | 2019-12-06 06:11:12 | 2025-08-01 23:31:50 | Details Edit Delete | ||
3445 | New ASF outbreak in Poland puts Europe on alert | The virus was confirmed in a province not far from Germany and puts in danger large commercial farms in the area. | <p>The ASF virus was confirmed in Wielkopolskie province, Poland, close to the German border. For now, the virus was discovered in the wild boar population in the area and not in the farms but it represents a real danger not only for the Polish industry but for all the swine sector in Europe.<br />Pig farms in Wielkopolskie account for 36% of the Polish pork production and the risks are increasing for the swine sector in the country, considering that Poland, despite the 5-years long history with ASF, still holds the right to export pork in several third markets, including the US.<br />Since the beginning of 2019, Poland has culled more than 200,000 wild boars in a desperate attempt to stop the disease from spreading from one province to another. However, while the government was optimistic at that time regarding the results of the large scale hunt, experts are contesting the measure. "Hunting the wild boars to stop the virus from spreading may not always be the best idea. Animals may run on long distances and keep spreading the disease”, explained Eran Raizman, a member of FAO Regional Office for Europe and Central Asia, in an interview for EuroMeat News.<br />On the other hand, a mix of factors such as wild animals and human negligence could become even more dangerous for the European swine sector. In the last couple of weeks, ASF was confirmed in the wild boar population from areas that are located 40 km away from the German border. At the same time, Germany keeps its market open for the pork coming from Poland as long as there are no farms affected by the disease in the area. Nevertheless, the trade between the two countries has already blocked the access of German pork in the Filipino market after a batch of pork exported by Germany was discovered to contain meat originated from Poland, a country banned for pork imports by the authorities in Manilla since the first ASF outbreak, in 2014.</p> <p>The risk of the disease crossing the border in Germany is extremely high and, in the end, unavoidable, as one international expert believes. "We can not avoid that. The disease will reach Germany, Denmark, the Netherlands and Spain. It has become endemic. Right now, top management must step in in the front line to deal with this problem. This isn't a time when you sit at your desk," stated Emilio Becker, a Spanish economist and consultant for the food industry, during Carnexpo 2019 trade fair in Bucharest, Romania. <br />In Europe, ASF is present so far in Russia, Belarus, the Baltic states, Ukraine, the Republic of Moldova, Romania, Poland, Hungary, Bulgaria, Serbia, Slovakia and Belgium. The latest FAO warning refers to the risk of the disease spreading through Balkans. In Asia, the disease has impacted swine herds in more than 10 countries, with China and Vietnam reporting massive losses in their pig inventory. The EU is China's largest supplier of pork, with Spain, Germany, Denmark, France and the Netherlands increasing their market share in the region so any outbreaks in these countries will probably block the shipments of pork in the Chinese market and other parts of Asia.</p> | 1 | Industry | 2019-12-06 08:15:30 | 2025-08-02 05:16:18 | Details Edit Delete | ||
3446 | Brazil's pork exports to Asia have increased by 117% | "The momentum of sales to Asia remains solid in the sector's exports", explains Francisco Turra, ABPA president. | <p>Brazil has increased pork shipments by 14.4% in the first 11 months of 2019 compared to the same period last year, announced the Brazilian Association of Animal Protein (ABPA). Asia remains the main destination for pork, this year, with an increase of 117% due to the ASF situation in China and other countries in the region. "The momentum of sales to Asia remains solid in the sector's exports. In the comparison between November this year and last year, the difference is positive by 117%. At the same time, Hong Kong increased its purchases by 25%," says Francisco Turra, ABPA's president.<br />Pork shipments from January to November totaled 674,000 tonnes, worth $1,413 billion, up by 27.9% over the same period last year. Poultry exports have also grown but only by 2%, reaching 3.8 million tonnes, with a total value of $6.358 billion, 6.1% higher compared to the value reached in the first 11 months of 2018. "As with pork sales, Asia's health situation has also had significant impacts on poultry exports. In November, shipments to China were up 61% from a year earlier. Even with new players in the market, Chinese demand will continue to be one of the engines of next year's international market", is convinced Ricardo Santin, ABPA's CEO.</p> | 1 | Industry | 2019-12-06 09:46:45 | 2025-08-01 15:11:18 | Details Edit Delete | ||
3447 | Peru opens discussion for pork exports to China | The South American country intends to take advantage of increased domestic production and low consumption of pork. | <p>Peru is looking to start discussions about exporting pork in the Chinese market, hoping to take advantage of increased domestic production reported in the last couple of years and low consumption rate in the country. At the end of this week, a delegation led by the Deputy Minister of the General Customs Administration of China, Hu Wei, arrived in Peru to examine the possibility of initiating efforts for the entrance of Peruvian pork in the Chinese market, announced the Minister of Agriculture of Peru, Jorge Montenegro.<br />Negotiation process could be extended for months but lately, China has started discussions for pork imports with several small producers in Europe that haven't been impacted by the ASF virus, such as Norway. China's deficit on pork is estimated at 10 million tonnes for this year and is expected to become even larget in 2020 offering benefits even for small players in the global industry, as long as they met the requirements to enter the Chinese market.<br />The Peruvian pig census amounts to 598,363 producers, of which 76% own farms with less than 49 heads of pigs. Pig meat production in recent years has increased by 5.1% but per capita consumption is still low (7.6 kg).</p> | 1 | Industry | 2019-12-06 12:18:29 | 2025-08-01 20:37:33 | Details Edit Delete | ||
3448 | Germany ramps up prevention against ASF | The disease was detected in wild boars 40 kilometers away from the German border. | <p>German authorities have increased the prevention measure against African swine fever after several wild boars have been found dead in Poland, just 40 kilometers away from the border. Around ten European Union countries are currently affected, particularly bad outbreaks being recorded in Bulgaria, Romania and Poland.</p> <p>Germany is issuing leaflets, posters and social media messages in several languages urging people not to throw away waste food in border areas, Agriculture Minister Julia Kloeckner said. Germany's information campaign will be targeted at groups including travellers, truck drivers, farmers, hunters, harvest helpers and the armed forces. "The latest cases show that the human factor plays a not inconsiderable role in the spread of the disease, for example in the incorrect disposal of waste food," stated the minister, quoted by Reuters.<br />She also mentioned that restriction of movement and relax hunting restrictions to cut wild boar numbers will be set if the disease will appear in Germany. Currently, the country is the largest producer of pork in the EU and the exports to China have increased by 43% in the last 6 months due to a shortage of pork in the Chinese market. China, Vietnam, the Philippines, South Korea and several other Asian countries have been aswell affected by the disease.</p> <p> </p> | 1 | Industry | 2019-12-09 07:44:47 | 2025-08-02 02:42:14 | Details Edit Delete | ||
3449 | Meat price index jumps at record level | According to FAO, the increase of 4.6% registered between October and November is the highest variation recorded in the last 10 years. | <p>Meat prices are rising globally, according to the UN Food and Agriculture Organization's latest Food Price Index. World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils.</p> <p>The FAO Food Price Index averaged 177.2 points over the month, up 2.7% from October and 9.5% from the same period a year earlier. The FAO Meat Price Index increased by 4.6%, its largest month-on-month increase in more than a decade. Price quotations for bovine and ovine meats rose the most, buoyed by strong import demand, especially from China ahead of year-end festivities. Pig and poultry meat prices also rose, informs FAO.<br />This year, China has increased the demand for meat due to a bio-security crisis started after the ASF outbreak from August 2018. By now, the contraction in the Chinese pig herd is estimated at 50% and the decline is expected to continue next year. From January to October 2019, a total of about 4.6 million tons of meat were imported by mainland China, surging about 1.25 million tons compared with the same period in 2018.</p> | 1 | Industry | 2019-12-09 08:48:59 | 2025-08-02 06:55:39 | Details Edit Delete | ||
3450 | Red meat consumption declines in several EU countries | Consumers in Germany, France, Italy and Spain have reduced their meat purchases in 2019. | <p>Red meat consumption is in decline in some of the largest markets in the EU, according to data collected by AHDB. Analysts are reporting decline in meat consumption in markets such as Germany, France, Italy and Spain, with pork and pork products taking a serious hit in the German market.<br />"In France, household meat purchases declined by 2% between January and October, compared to the same period last year. Declines were recorded across the board. Average prices were 2% higher, so overall the value of the market remained similar. However, for primary red meat, the fall in volume sales outstripped modest price growth,", commented Bethan Wilkins, Senior Analyst. Declines in meat consumption have been reported also in Italy and Spain, although to a lesser extent (1%).<br />The largest decline was seen in the German market, down 4% from the levels recorded in the first 10 months of 2018, with pig meat sales dropping by almost 8% due to rising prices. "Beef was the only meat to record a slight upward trend. German reports suggest that the number of nutrition-conscious consumers who prefer to eat less meat is increasing," added the analyst.</p> | 1 | Industry | 2019-12-09 11:04:18 | 2025-08-02 03:50:11 | Details Edit Delete | ||
3451 | Marfrig launches global brand for plant-based meat products | A gourmet hamburger presented under the brand Revolution has entered the Brazilian market and will be sold internationally in 2020. | <p>Marfrig intends to open the global market for one of its plant-based meat products starting next year. A gourmet hamburger was launched at the beginning of the week in Brazil under the brand Revolution. Starting next year, Marfrig intends to export the veggie burgers. The company did not disclose how much it will spend to promote the brand.<br />In August, Marfrig announced a joint venture with US company Archer Daniels Midland (ADM) to create a range of plant-based products. The first product, the "Rebel Whopper" burger is already being sold in Burger King restaurants in Brazil. Revolution is going to be the second plant-based product launched by Marfrig, who is targeting a market opened already by startups such as Beyond Meat and Impossible Foods.<br />Lately, other meat giants in the world such as Tyson Foods and Vion have presented their own plant-based products following a growing trend in the market.</p> | 1 | Industry | 2019-12-09 09:43:45 | 2025-08-01 21:31:57 | Details Edit Delete | ||
3452 | Tesco looks ready to sale its Asian branch | Operations in Thailand and Malaysia have been put into a strategic review. | <p>Tesco may exit the Asian market, after the recent developments in Thailand and Malaysia, where the retailer decided to put its operations put into a strategic review, announce IGD Asia, quoting sources from the company. "Following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses. No decisions concerning the future of Tesco Thailand or Malaysia have been taken and there can be no assurance that any transaction will be concluded," informed the retailer in a statement.<br />Tesco's position in both markets is of No.2, with Thai operation generating sales of £4 billion through a chain of almost two thousand stores, including large stores, convenience stores and online. The Malaysia business is smaller but reaches sales of over £800 million.<br />Tesco's operating margin is now higher in Asia than in any of the other regions in which it operates. In H1 2019/20, margins reached 6.7%, far ahead of the UK and Ireland on 4.2%, or Central Europe's 2.2%. Key here been a shift in strategy in Thailand, with major changes to Tesco’s sales mix and promotional strategy and the ending of bulk selling. Tesco has also accelerated a material restructure of store and office operations and simplified the operating model of its large stores, while in Malaysia it continued to pursue its strategy of repurposing existing stores to make them stronger retail destinations with strong value messaging to drive volumes. <br />In 2012, Tesco decided to sale its business in Japan and the move was followed three years later by the leave of the South Korean market. News of the review follows plans shared by Tesco in June to dramatically increase its presence in Thailand. Following trials to reduce operating costs and shift the product mix more towards food, Tesco said it now saw the potential for a further 750 Express stores in Thailand over the next three years, a far more rapid rate of expansion than any other part of Tesco.<br />The company's decision comes as Dave Lewis prepares to step down as Group CEO after next year's full-year results in April. He will be succeeded by Ken Murphy, the former COO and President of Global Brands at Walgreens Boots Alliance.</p> | 1 | Retail | 2019-12-10 06:53:32 | 2025-08-02 03:49:04 | Details Edit Delete | ||
3453 | The volume of meat imported in the last couple of years by the Asian country is considered to be "unprecedented". | <p>China will finish the year as the largest export market for Australian beef and sheepmeat, announced Meat and Livestock Australia. So far this year, China has accounted for 23% and 32% of Australia’s beef and sheepmeat exports, respectively. This growth has been underway for several years, as an emerging class of affluent consumer’s increasingly demand quality meat, but has been supercharged by the significant hole African Swine Fever (ASF) has left in China’s domestic pork production.<br />Australia has not been alone in this pivot, with New Zealand sheepmeat and South American beef recording equally massive export growth to China over the last year. <br />New Zealand has sent 46% and 53% of their beef and sheepmeat exports, respectively, to China so far in 2019. Brazil’s beef export share to China, inclusive of Hong Kong, so far this year is 41%, while Argentina (75%) and Uruguay (69%) are even more highly geared towards the market.</p> <p>However, meat production systems cannot adapt quickly enough, constrained by biology and resources, to keep pace with China’s insatiable appetite. Hence, some export markets have born the brunt of buying competition from China.<br />Part of the parts that were usually shipped to the Philippines, Japan, Korea, Indonesia and Canada have been sent to China. amb has been less affected by the draw of China, with export growth recorded across most major export markets so far in 2019. </p> <p>Mutton exports, however, have declined across nearly all markets bar China, including the US, Saudi Arabia, the UAE, Kuwait and Malaysia, compounded further by reduced sheep slaughter from July through to September. Carcass, leg and breast and flap remain the primary mutton items destined for China, with the greatest volume being redirected from frozen mutton carcasses previously exported to the Middle East. Goatmeat exports, a niche product targeting the US ethnic market, has not registered any trade redirection on account of China. "Australia, at the end of the day, cannot feed the growing appetite of China alone, let alone fill the gap left in the wake of ASF. Finding the most suitable customer for each red meat product across a diversified array of markets will continue to drive the value of Australian exports – not simply chasing one single market. However, the buying power of China and the impact of ASF will continue to be a key theme cutting across all global meat markets in 2020," said the association in a statement.</p> | 1 | Market | 2019-12-10 09:09:30 | 2025-08-01 15:54:10 | Details Edit Delete | |||
3454 | EU agricultural market to be reshaped by the ASF crisis | Fluctuating pork prices and higher cultivation of plants used in plant-based protein products are the elements that will dominate the next decade, shows a report issued by the EC. | <p>The largest biosecurity crisis stirred by the ASF situation in Asia and Eastern Europe is to reshape the agricultural landscape in the European Union, argues the European Commission in its latest report. The dramatic situation in China, where 50% of the national swine inventory has been wiped out due to the ASF crisis, and consumer's preferences for plant-based protein products are expected to change the dietary habits in the EU market.<br />Fluctuating pork prices and higher cultivation of plants used in plant-based protein products are the elements that will dominate the next decade, says the report. According to the outlook presented by the Commission, annual pork exports from the EU could peak at more than 4 million tonnes around 2022, depending on the pace of recovery in China's pig herds, compared with about 2.7 million tonnes last year. Pork exports were then seen easing to around 3.4 million tonnes by 2030, still well above volumes before the Chinese ASF outbreak.<br />"Prices should remain high until Chinese production recovers, and may fall sharply depending on the speed of the recovery and how much the production of EU competitors grows", it is said in the report. However, the uncertainty over whether the EU's main pork exporters -- Germany, Spain, Denmark and France -- would remain free of the disease, may change the prognosis.<br />In the EU market, poultry will cover the gap created by the rise in pork exports to China and it will remain like that even if a fall in prices will occur over the next 10 years.<br />Poultry consumption is growing steadily, and is expected to continue doing so, the Commission said, as consumer concerns about health, the environment and animal welfare suppress demand for other meat products. Those concerns are also expected to favor the cultivation of protein-rich crops.</p> | 1 | Market | 2019-12-11 08:37:16 | 2025-08-02 06:52:37 | Details Edit Delete | ||
3455 | Dawn Meats targets a 30% reduction in GHG emissions by 2030 | The targets have been made under the Science Based Targets Initiative (SBTi) which ensures emissions reduction is verified and documented against a scientific baseline. | <p>Dawn Meats is working to reduce its greenhouse gas emissions by 30% until 2030, according to a press release from the company. In May 2019, the Irish producer, who owns Dunbia in the UK, signed up to SBTi becoming the first European beef and lamb processor to make such a commitment. <br />In collaboration with the Carbon Trust, Dawn Meats Group has developed a pathway for its Scope 1 and 2 emissions and is working on solutions for Scope 3 emissions, with 2030 targets now validated and approved by the Science Based Targets Initiative (SBTi). Dawn Meats Group has committed to a 30% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2016 base year. Scope 1 emissions are direct emissions from owned or controlled sources and Scope 2 are indirect emissions from the generation of purchased energy. Significant progress has already been made in Scope 1 and Scope 2 emissions reduction in the period up to 2016, through the installation of heat recovery systems, district heating systems and the use of wind and solar-powered renewable energy. This work will accelerate in the years to 2030 as technologies improve and the rollout program is completed across the enlarged group.</p> <p>Dawn Meats Group has further committed to reduce Scope 3 GHG emissions of its purchased goods and services by 28% per tonne of finished product by 2030 from a 2016 base year. Scope 3 emissions are indirect emissions that occur in the value chain of the company, both upstream and downstream, and are from sources that are not owned or controlled by the target setting company. In the case of beef and lamb processing, livestock and meat products constitute the largest share of Scope 3 emissions and therefore present the greatest opportunity to demonstrate improvement over the next 10 years.</p> <p>"We have been working for more than 10 years to reduce emissions internally and more widely across our supply chain and we recognize the urgency to adopt even more aggressive measures to reduce emissions. We are working with stakeholders in collaborative projects to accelerate progress in this critical area. Achieving reductions of up to 30% in our greenhouse gas emissions poses a considerable challenge, but it is vital that Dawn accelerates the rate of change in the environmental footprint of its business," stated Dawn Meats Group CEO Niall Browne.</p> <p>The targets have been made under the Science Based Targets Initiative (SBTi) which ensures emissions reduction is verified and documented against a scientific baseline. The commitment comes in the wake of the COP25 UN Climate Change Conference in Madrid where political, business and NGO leaders sought to coordinate a collective response to global warming. <br />The Science Based Targets initiative is a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi champions science-based target setting as a powerful way of boosting companies’ competitive advantage in the transition to the low-carbon economy.</p> | 1 | Industry | 2019-12-11 09:47:46 | 2025-08-01 17:48:53 | Details Edit Delete |