Articles

Id	Title	Subtitle	Content	Active	Archived	Category	User	Created	Modified	Actiuni
Id	Title	Subtitle	Content	Active	Archived	Category	User	Created	Modified	Actiuni
1180	Welsh red meat industry to grow new markets outside EU		<p>The red meat levy board has joined with processing companies to showcase PGI Welsh Lamb and PGI Welsh Beef at two major shows; Food and Hotel Asia in Singapore which took place between 24 and 27 April, and SIAL Montreal in Canada which will be held on 2-4 May.</p> <p>HCC will also be active in other new and potential future markets. The levy board is supporting a meat processor to join a Welsh trade mission to Qatar, and the body will be represented in a delegation of European food producers exploring market access with officials from China, where it is hoped that permission will be granted for the export of UK beef and lamb over the coming years.</p> <p>A third of Welsh Lamb is exported; of those exports, the EU is the destination of over 90% of the lamb and beef going from Wales overseas. Volumes of meat sold in newer markets such as Canada and Asia are currently small, but HCC is targeting these countries given the uncertainty over future European trade access after Brexit.</p> <p>The presence at the two trade shows as well as other events and activities over the next year is funded by a £2 million fund of AHDB red meat levies ring-fenced for collaborative projects and managed by the three GB meat levy bodies – AHDB, HCC and Quality Meat Scotland (QMS). The ring-fenced fund is an interim arrangement while a long-term solution is sought on the issue of levies being collected at point of slaughter in England, for animals which have been reared in Scotland or Wales.</p> <p>Other activity in the Middle East, Asian and North American markets is supported by the Welsh Government’s enhanced export programme worth £1.5 million over three years. The discussions between food producers’ representatives and China are funded by the EU.</p>	1		Industry		2018-04-27 12:08:28	2025-08-10 22:16:15	Details Edit Delete
1181	Philippine poultry producer wants to buy NZ Tegel	Bounty Fresh Chicken, a leading poultry producer from the Philippines, is interested in acquiring New-Zealand-based Tegel Group in a takeover bid worth $437.8 million at a 50% premium to the share price, as reported by New Zealand Herald.	<p>Bounty Fresh is targeting a full takeover but the company will also accept a 50% stake. In addition, the company must obtain the approval for the takeover from the Overseas Investment Office and for the deal to go through Tegel must meet certain earnings thresholds.</p> <p>Tegel announced in a statement to the New Zealand Stock Exchange that it had appointed Goldman Sachs to advise on this takeover bid.</p> <p>Tegel can pay a dividend of up to 4.1c a share that would not affect the offer price, as stipulated by the terms of the notice.</p>	1		Industry		2018-04-27 13:34:43	2025-08-11 03:06:56	Details Edit Delete
1182	Hong Kong eliminates radiation tests for Japanese food	The measured was imposed 6 years ago after the Fukushima earthquake and nuclear accident.	<p>Hong Kong Center for Food Safety has decided to lift a requirement for Iodine-131 (I-131) radiation testing on Japanese food produced in East side of the country after the Fukushima earthquake.<br />Six years ago, Hong Kong prohibited imports of vegetables, fruits, and milk products from Japan’s Fukushima, Ibaraki, Tochigi, Chiba, and Gunma prefectures. Later imports could proceed, but only with certificates issued by Japan attesting that radiation levels for I-131, Caesium (Cs)-134, and Cs-137 did not exceed limits set by the Codex Alimentarius Commission or Codex, informs <a href="https://www.foodsafetynews.com/2018/04/cesium-131-radiation-testing-of-japanese-food-no-longer-required/#.WuQF2X9DPIU">Food Safety News</a>.<br />Meantime, Singapore and EU authorities have already dropped the safety measure imposed on Japanese food but they are keeping the requirements regarding the certificates for Cs-134 and 137 and this measure is going to kept also by the Hong Kong Center for Food Safety.<br />Until now, the tests for radiation was made on daily bases by the Hong Kong authorities and they were not resumed to the food produced from the 5 prefectures but to all the Japanese food.<br />The latest tests, conducted between 25 and 26 of April, were made on 341 food products, including meat and meat products. They all turned out to respond to the limits set by Codex.<br />The Center for Food Safety hadn’t found any Japanese food exceeding Codex limits since March 23, 2011, when three samples of radishes, turnips, and spinach were “too hot.”</p> <p>(<em>Photo source: Green Prophet</em>)</p>	1		Industry		2018-04-28 08:44:18	2025-08-10 02:41:20	Details Edit Delete
1183	M&S launches new beef traceability campaign in UK	British retailer Marks & Spencer has launched a new food marketing campaign that focuses on beef traceability.	<p> </p> <p>As highlighted in the campaign, M&S is the only national retailer in the UK that can trace every piece of beef it sells – whether it’s in a prepared meal, a sandwich or a prime cut – all the way back to every farm and animal from which it is sourced.</p> <p>The “We trace it, so you can trust it” campaign is backed by DNA sampling provided by Dublin-based tech company Identigen. Thousands of tests are carried out every year to check that M&S’ unique standards are being followed.</p> <p>And in support of British farming, the ads also carry a Union Jack flag highlighting to customers that every piece of M&S beef is British.</p> <p>M&S uses DNA sampling to trace its beef back to every farm and animal. A sample is taken from every animal from every farm that supplies M&S and its suppliers. Thousands of tests are carried out every year on products taken at random from M&S stores and warehouses. The tests check that beef is moving through the supply chain – from farm, to abattoir to processor and to store – correctly and that M&S standards are being followed.</p>	1		Retail		2018-04-28 12:13:39	2025-08-10 19:27:37	Details Edit Delete
1184	Ready-to-eat beef recalled for contamination in the US	The products may have suffered a processing deviation that have led to staphylococcal enterotoxin and clostridial toxin contamination.	<p>225 kilos of beef produced by Pinnacle Foods are recalled due to a processing deviation that may have led to staphylococcal enterotoxin and clostridial toxin contamination, informs United States Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS).<br />The ready-to-eat dried, sliced beef items were produced on Jan. 2, 2018 and April 9, 2018, and they were shipped to retail locations nationwide. The products have a shelf life of three years.<br />The problem was discovered on April 27, 2018, by an Enforcement Investigator and Analysis Officer (EIAO) while conducting a food safety assessment at the establishment.</p> <p>There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.</p> <p>Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase, advice FSIS.</p>	1		Retail		2018-04-29 08:02:46	2025-08-10 14:41:50	Details Edit Delete
1185	"ASF is creating problems in negotiation with Japan"	The European pork industry can take a serious hit on exports due to the epidemic disease	<p>African Swine Fever is creating problems for the pig industry in Europe as the foreign partners are putting negotiation on hold until the disease is contained.<br />"Last year, we were in pole position in negotiating pork exports to Japan. Now, ASF is creating trouble for the whole pork industry in Europe", mentioned Cristian Ioan Duicu, head of Romania's sanitation and veterinary watchdog (ANSVSA).<br />The same situation is encountered in the negotiation process with South Korea while the US authorities have delayed their audit mission in Romania from January until an unspecified date, said Duicu, speaking in front of the Romanian pork producers at the Industria Carnii conference held in Brasov.<br />Nevertheless, Romanian authorities are expecting in May an audit mission from Mexico which precedes the modernization of the EU-Mexico Global Agreement. The trade deal is in its final stage of development and it could boost European pork and poultry exports. Meanwhile, Romania has its own problems in increasing the pig production.<br />A program to support the increase of the domestic pig population is developed right now by the Romanian authorities, announced the Minister of Agriculture, Petre Daea, present at the same event. "There is a gap between our crop production and the pig population. Pigmeat does not cover the local demand. We have to increase the pig population to stop the grain exports as a commodity. Our program is targeting the farmers who are growing pregnant sows and are using local genetic material", specified minister Daea.</p>	1		Industry		2018-04-29 12:06:41	2025-08-10 03:04:27	Details Edit Delete
1186	More US beef imported by Europe to avoid a trade war	EU could allow a bigger volume of American beef in the single market in order to secure European exports of steel and aluminium.	<p>Beef quotas for the US Beef could be increased in the near future as the European officials are trying to avoid a trade war with Washington over their exports of aluminium and steel, informs Drovers magazine.<br />President Donald Trump has already signalled this problem during the visit of his French counterpart Emmanuel Macron to the White House. "They have trade barriers that are unacceptable.Our farmers can’t send their product to the European Union as easily as they should. And we accept their products. So we have to make a change, and they understand that.", said Trump.<br />A quota system established in 2009 allows the American producers to export 45,000 tons of free-hormone beef without any duties. Nevertheless, US beef exports to EU single market have dropped from 98.8% to 32,6% between the next seven years, according to the data presented by US Meat Export Federation.<br />The main competitors for US beef producers in this market are Australia and Uruguay. Now, the quota system could be renewed, the American part pushing for a double volume under the new trade agreement.</p>	1		Industry		2018-04-30 08:03:49	2025-08-10 11:20:29	Details Edit Delete
1187	VIDEO- "We are exporting about 60% of our production"		<p>60% of a sausage production appreciated at 10 tons per day is exported by Feldhues in the European countries. The company has to facilities based in Germany and Ireland and is covering markets such as Spain, UK, Italy, Belgium, Netherlands, Denmark, Sweden or Poland.<br />"We are now exporting a lot to Italy. We are exporting about 60% of our production. Our company is producing approximately 5 tons per day in Germany and about the same amount in Ireland. It is a growing market, especially on the products for children because is not yet distributed in all countries", said Dorothee Bitting in an interview for EuroMeatNews.<br />The German company is using a bear as a logo for their most successful products and Billy, the first character created by Feldhues is already 30 years old. In fact, the animal characters put on the sausages are creating loyal customers over the years, belives Bitting. "We invented Billy 30 years ago so now the parents give their children the products they ate when they were children", mentioned Feldhues Sales Manager.<br />The design of the Feldhues sausages are adapted to respond to the consumers desire in every market and they are made in a different formula based on pork or poultry in order to respond to everyone's demand.</p>	1		Market		2018-04-30 09:18:03	2025-08-11 02:55:42	Details Edit Delete
1188	UK meat levy boards to attend SIAL Canada	Several meat levy boards will attend SIAL, a major international food and drink show which will take place in Canada this week.	<p>The Agriculture and Horticulture Development Board (AHDB) is exhibiting at SIAL Canada alongside Hybu Cig Cymru – Meat Promotion Wales (HCC) and Quality Meat Scotland (QMS) to showcase premium meat and cheese from England, Scotland and Wales.</p> <p>SIAL is now the only event of its scale in Canada, with almost 1,000 national and international exhibitors from 50 countries, hosting more than 18,000 visitors. The show brings together the retail, foodservice and equipment industries under one roof.</p> <p>Throughout the three-day event in Montreal, the British meat levy bodies will showcase high quality pork and lamb with cooking demonstrations from chef Robert Pendergast. AHDB Dairy will also be exhibiting premium cheese alongside nine producers from Britain.</p> <p>AHDB Senior Export Manager Susana Morris said the show provides the perfect opportunity to exhibit British products on a global stage.</p> <p>“This is an incredibly important market for us,” she added. “Canada is the sixth largest importer of food products. It is vital that we look at new markets and opportunities to ensure that British meat and dairy products are front of mind for importers.”</p> <p><em>Photo Source: Sial Canada</em></p>	1		Events		2018-05-01 08:44:30	2025-08-10 23:26:01	Details Edit Delete
1190	First hatchery to open in Ontario in over 30 years	Ontario-based Sargent Farms and Boire & Freres from Quebec have entered a partnership to open up a $15 million hatchery in Woodstock that will launch its operations under the name Thames River Hatchery, Food in Canada reports.	<p>The new hatchery will create 30 new jobs and will have a production capacity of 20 million chicks per year, according to a statement released by the two companies.</p> <p>According to the vice-president of Sargent Farms, Bob Sargent, the new unit will supply farmers across Ontario with the highest quality chicks. Furthermore, the facility will be equiped with the most advanced technology on the market.</p> <p>Boire & Frères is one of the largest hatcheries in Canada with a production capacity of two million chickes each week.</p> <p>Sargent Farms is based in Milton and has been in operation for 75 years. The company remodelled in 1993 specifically for poultry processing.</p>	1		Industry		2018-05-01 12:11:08	2025-08-11 00:03:56	Details Edit Delete
1191	French pig producers are affected by low prices and a sectorial labour shortage	Pork prices in April are down by 30% compared to the same period in 2017 and they are close to 2008-2009 levels.	<p>The French market for pork is confronted with a decrease of prices by almost 30%, as reported by Philippe Malletroit, Director France, Genesus Inc.<br />"Beginning of April 2018 price for a piglet was €25.44 compared to €36.91 same period last year. The average price for a 25 kg feeder pig was €1.64 per kg compared to €2.32 same period last year (that is €17 cheaper than 1 year ago). We also find these low prices for finisher pigs, where the average for the month of April 2018 is €1.190 per kg. When we compare the average price for April over the last 10 years, we can see that it is positioned around €1.306", he wrote in his report.<br />From that perspective, it seems that there are no sunny days for the pig producers in France even as the barbecue season could increase the demand in the domestic market.<br />Still, there are other problems that this sector must respond in the future and one of those is the labour shortage in this field.<br />As Mr Malletroit observed pig producers in France are running their farms on the same old "family enterprise" model which is not responding to the expectations of the younger generation.<br />"For many years, typical pig farming (like many other productions) was based on a family model, where husband, wife and (or) parents were involved in the business, and nobody counted their hours of work. Today, even though this model still continues, the size of livestock herds have increased in recent years in France, from an average size of farrow-to-finish of 107 sows in 1995 to approximately 200 sows in 2018.<br />What’s more, life expectations are different today especially among the younger generation, and no one is ready to become a slave to his livestock by working 7 days a week without ever taking a rest. In a recent study by the producer’s organization, one of the main motivations for the farmers was to hire employees. Employees are inevitable but hard to find", mentioned Philippe Malletroit in his report.<br />Nevertheless, the workforce could push up the prices of pigmeat by 12%, resulting in a difference of €0.085/kg carcass between the 1/3 superior and 1/3 inferior, which means a difference of €8 per pig, based on carcass weight of 95 kg.</p>	1		Industry		2018-05-02 07:00:51	2025-08-09 04:24:33	Details Edit Delete
1192	Polish poultry producer invests $56 million in new slaughterhouse	Wipasz, a Polish feed and poultry meat producer, has recently announced it plans to invest PLN 200 million ($56.1 million) in building a new slaughterhouse in Mi?dzyrzec Podlaski in the Lublin region, as reported by portalspozywczy.pl.	<p>The company expects to launch operations at the new facility starting with June 2019. The new slaughterhouse will also provide 800 jobs at first afterwards the company wants to increase the number of employees to 1,200.</p> <p>Józef Wi?niewski, chairman of the board at Wipasz, told Portalspozywczy.pl in an interview that the company currently produces nearly 450 tons of poultry meat at its current facility in M?awa and that it hopes to increase its production with the new facility to 900 tons.</p> <p>According to Mr. Wi?niewski, Wipasz currently exports 55% of its poultry meat production and the new facility is expected to increase the company's exports.</p> <p>The company's main exporting regions are Europe, Asia and Africa.</p>	1		Industry		2018-05-02 06:20:22	2025-08-09 14:11:53	Details Edit Delete
1193	Wellshire Farms launches sugar free hotdogs	Wellshire Farms has launched a new sugar free uncured beef product.	<p>According to a statement released by Wellshire Farms, Sugar Free Uncured Beef Franks completes the company's existing Paleo friendly line, and is free of antibiotics, growth hormones, preservatives, synthetic nitrates and nitrites, and other artificial ingredients.</p> <p>“As a family-owned company, listening to the needs of our consumers and their families is a top priority,” said Wellshire’s VP of Marketing and Development, Jessica Colameco. “Hot dogs are served on kitchen tables across America, so we’re extremely proud to offer a quality product, made with clean ingredients and humanely raised, grass fed beef.”</p> <p>As part of the Whole Foods Market family, Wellshire products are sold exclusively at more than 450 locations nationwide.</p> <p>“Whether you’re a parent who is looking to reduce the amount of sugar in your child’s diet, or a millennial on a Paleo diet, these all beef franks are a convenient, natural solution," said Colameco.</p> <p>The Sugar Free Uncured Beef Franks are gluten free, minimally processed and have 7g of protein per serving. Wellshire also sells sugar free bacon, kielbasa, and other fully cooked sausages.</p>	1		Industry		2018-05-02 06:14:52	2025-08-10 08:27:36	Details Edit Delete
1194	Serbian meat processor Srem Sid to be acquired by Agropapuk and Industrija Mesa Djurdjevic		<p>Srem Sid, an insolvent meat processor company from Serbia, is to be acquired by the Agropapuk and Industrija Mesa Djurdjevic, announced the owner of Agropapuk, Bratislav Bogatic.<br />The joint venture is allowing the two companies to invest €3.5 million in the overhaul of the Srem Sid's facilities and another €5.5 million in a farm extension in Novo Orahovo area, reports See<a href="https://seenews.com/news/serbias-agropapuk-industrija-mesa-djurdjevic-buying-meat-processing-firm-srem-sid-610548"> News</a>.<br />Srem Sid is expected to process around 400 head of cattle per day and to export the meat to Turkey. <br />Serbia has a free trade agreement with Turkey at the beginning of this year and can export duty-free 5,000 tons of beef annually. The two buyers have announced that they will attract the farmers that were under contract with Srem Sid in order to keep the chain of supply intact. Srem Sid has been declared insolvent since 2001.</p>	1		Industry		2018-05-02 11:17:36	2025-08-10 14:42:15	Details Edit Delete
1195	Iceland Seafood is set to acquire Solo Seafood	Iceland Seafood International, a leading producer of frozen, salted and fresh seafood, has announced it will acquire Solo Seafood, which owns Spanish-based Icelandic Iberica, an important seafood company in the South European market.	<p>Solo Seafood is owned by Sjávarsýn, an investment company in Iceland and Icelandic Iberica’s Managing Director, FISK Seafood, Jakob Valgeir and Nesfiskur.</p> <p>Icelandic Iberica has reported a turnover of €120 million in 2017 and pre-tax profits exceeding €4 million and it is expected that its outturn for 2018 will surpass €4.7 million at pre-tax level. The company offers a wide range of products including cod (bacalao), Argentinian shrimp, cuttlefish, and hake. The processing capacity of its units in Spain and Argentina have reported strong growth in sales and profit in the last few years.</p> <p>“This will be a transformational step for Iceland Seafood International as we will welcome three of Iceland’s major seafood players into the shareholding group of ISI creating an integrated supply chain through to the end customer. At the same time, we continue our strategy of investing in strong well positioned value-added businesses creating synergies and new business opportunities at ISI across Europe and globally,” said Helgi Anton Eiríksson, CEO of Iceland Seafood International, said in a statement.</p> <p>The enterprise resulted from this acquisition will comprise sales of up to €400 million.</p> <p>"In addition, with direct raw material access resulting from the vertical integration and control of over 40 thousand tons of quota, the group sales and profit growth are anticipated to benefit significantly in the years to come," Iceland Seafood's statement read.</p> <p>Iceland Seafood's move to acquire Solo Seafood is part of its expansion strategy which focuses on gaining access to key markets.</p> <p>After the deal will be finalized, Iceland Seafood will operate 9 factories in 7 countries. According to the company, its shareholding of Fisk Seafood, Jakob Valgeir and Nesfiskur, all major players in the Icelandic seafood industry with combined over 10% of the Icelandic quota and 8 factory operations in Iceland creates a fully integrated seafood group serving over 45 countries and more than 3000 customers around the world.</p> <p>The deal is subject to certain conditions, including the conclusion of appropriate due diligence review by the parties, required approval by the shareholders of ISI, definitive documentation of the transaction and competition approval in Spain and/or Iceland (if required).</p>	1		Industry		2018-05-02 10:20:04	2025-08-10 22:23:05	Details Edit Delete
1196	The Sainsbury's-Asda merger would create a new rival for Tesco	The seafood competition in the United Kingdom is to increase after the deal between the two retailers will be completed successfully.	<p>There are no clear details about the amount that sits behind the merger of Sainsbury's and Asda but this move would certainly increase the competition in the UK's seafood retail sector.<br />Despite a decrease in the volume of sales, last year, the British seafood market has grown in value by 4.1% reaching a total of £3.3 billion (€3.7 billion/$4.5 billion), according to a Nielsen report quoted by <a href="https://www.intrafish.com/marketplace/1481120/infographic-how-sainsburys-asda-deal-would-impact-seafood?utm_medium=email&utm_source=free_article_access&utm_content=215631133">Intra Fish</a> portal.<br />The biggest market share in this sector is held by Tesco (23.1%) followed by Sainsbury's (15.1%), Aldi (9.7%), Morrisons (9.1%), Asda (8.0%) and other players. The simple math indicates that a merger between the second and the fifth player in this market will create a competitor with the same market share as Tesco's.<br />Following the same logic, it looks like the competition will be interesting to watch as the rivalry goes on equal footing in the chilled seafood sector and it gives Tesco an advantage of 2.7% on frozen seafood sales while a Sainsbury's-Asda merger will have a plus of 3% in the ambient seafood market.</p>	1		Retail		2018-05-02 13:12:50	2025-08-09 07:24:25	Details Edit Delete
1197	USDA: Global pork production to rise by 2% in 2018	Global pork production is expected to rise to 113.5 million tons in 2018, with an increase of 2% compared to the previous year, according to USDA Foreign Agricultural Service's latest update on 'Livestock and Poultry: World Markets and Trade.'	<p>According to analysts at FAS, the growth in production is expected to be based mainly on the increase in pork production in China and to a lesser extent on that from the United States and the European Union.</p> <p>Meat demand in most countries is expected to increase based on economic growth. Furthermore, the FAS report states that relatively low feed prices will support producer margins.</p> <p>China is expected to determine the 2% growth in pork production this year as a result of large investments in its domestic pig sector which will lead to growing hog numbers.</p> <p>Nonetheless, EU production is also forecast up almost 2%, as producers have added sows in Poland, the Netherlands, and Spain. <br />The report also says that hog prices remained favorable throughout 2017, incentivizing expansion. "However, weak domestic demand and a challenging export outlook – owing to weaker demand from China and a stronger euro – are likely to pressure prices this year."</p> <p>Pork production is also growing in Russia as a ban on imports from Brazil has boosted demand for domestic pork.</p>	1		Industry		2018-05-02 13:17:28	2025-08-10 07:38:09	Details Edit Delete
1198	Tyson Foods invests $2.2m in Israeli startup	Tyson Ventures, the venture capital arm of Tyson Foods, is investing $2.2 million in a startup based in Israel to develop affordable meat in a laboratory.	<p>Future Meat Technologies is a Jerusalem-based biotechnology company that is looking to produce cost-efficient, non-GMO directly from animal cells. The process of growing meat in a laboratory that does not imply raising or harvesting of live animals. The startup will develop a new generation of manufacturing technology that enables the cost-efficient production of fat and muscle cells, the core building blocks of meat.</p> <p>Tyson Ventures is investing in this startup alongside with the Neto Group, one of the largest food conglomerates in Israel, S2G Ventures, a Chicago-based venture capital fund, BitsXBites, China’s first food technology venture capital fund, and Agrinnovation, an Israeli investment fund founded by Yissum, the Technology Transfer Company of The Hebrew University. New York based HB Ventures also joined the round.</p> <p>“It is difficult to imagine cultured meat becoming a reality with a current production price of about $10,000 per kilogram,” said Prof. Yaakov Nahmias, the company’s founder and Chief Scientist. “We redesigned the manufacturing process until we brought it down to $800 per kilogram today, with a clear roadmap to $5-10 per kg by 2020.”</p> <p>“This is our first investment in an Israel-based company and we’re excited about this opportunity to broaden our exposure to innovative, new ways of producing protein,” said Justin Whitmore, Executive Vice President, Corporate Strategy and Chief Sustainability Officer of Tyson Foods. “We continue to invest significantly in our traditional meat business but also believe in exploring additional opportunities for growth that give consumers more choices.”</p> <p>Future Meat Technologies expects to use the funds to establish its engineering activities and increase its biological research. The company is currently recruiting engineers, chefs and scientists.</p>	1		Industry		2018-05-03 06:47:54	2025-08-11 02:46:44	Details Edit Delete
1199	Australia's cattle herd rebuild process is about to slow down		<p>Meat and Livestock Australia's latest forecast on cattle slaughter show that the process of herd rebuilding is taking a downturn due to the challenging weather condition that has forced the producers to sacrifice a higher number of animals.<br />7.48 million cattle head are to be slaughtered this year, according to MLA’s Market Intelligence Manager, Scott Tolmie, who is blaming the drought for this situation.<br />"The first quarter has seen both male and female slaughter running well above 2017 levels and combined with the largely neutral weather outlook, has led to a slight upward revision in the annual slaughter forecasts, up 4% year-on-year", he said.<br />Also, the Eastern Young Cattle Indicator (EYCI) has come down to the lowest level in three years putting down the expectations for a strong herd rebuild process in the following months.<br />"Seasonal conditions for the remainder of autumn and into winter this year will dictate the availability of young cattle and how fierce the competition will be among different buyers", mentioned Mr Tolmie.<br />The finished beef market is expected to be under pressure this year, partly due to the increase in the slaughtering of Australian cattle, part due to the supply surge in other beef producing countries such as the United States and some South American Nation.<br />"US beef production is on course to exceed 12.5 million tonnes in 2018 according to the latest United States Department of Agriculture (USDA) projections. This figure represents a 5% production increase compared to last year.Beef production and consumption levels in the United States will need to be closely monitored, with a significant lift in grain-fed cattle kills expected in coming months, which is likely to flow through to increased competition in our key export markets", concluded Scott Tolmie.</p> <p> </p>	1		Industry		2018-05-02 16:44:03	2025-08-10 21:15:20	Details Edit Delete
1200	Novio Packaging Group to merge with Scandinavian Packaging	The Danish packaging company will become a member of Novio Packaging and, as from January, it will operate under the name Novio Scandinavia.	<p>Novio Packaging Group and Scandinavian Packaging A/S have come to an agreement on the merging operation of the two companies, informs Novio Packaging Group in a press release.<br />“Now that our territorial range also includes Scandinavia, we will be able to achieve even better European coverage,” explained directors of the Novio Packaging Group Marck Jansen and Erik Trum.</p> <p>“This move will also increase the international efficiency and buying power of both parties. The values of Scandinavian Packaging: quality, reliability and understanding, will without further doubt strengthen our brand.”, declared the executives of the group.<br />Novio Packaging Group B.V. is consisting of the international packaging distribution companies Oosterbeek Packaging B.V., Alpha Packaging International B.V., Maer Flexibles<br />B.V., Maer Hong Kong Ltd. and FehnPolycap GmbH. Until January 2019 the new member of the group will operate under its present name. From next year, though, the Danish company will be rebranded as Novio Scandinavia.<br />Scandinavian Packaging can also take advantage of the merge to ensure sector-wide packaging distribution capability.<br />"With the support of the Novio Packaging Group, we will be able to continue the growth and development of our business. We can hardly wait to introduce so many new products and services to our Scandinavian customers. It is a perfect match.", declared Bjarke Arlo, CEO and Partner at Scandinavian Packaging. The headquarters of the company will remain in Borup, Denmark, and there are no plans for staff changes in the executive area.</p>	1		Technology		2018-05-03 07:17:49	2025-08-11 01:39:28	Details Edit Delete

Data Tables

Articles