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Articles
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1675 | American beef promoted through lunch box for Korean millennials | USMEF has borrowed its logo for a new product launched in the convenience stores in South Korea. | <p>US Meat Export Federation helped to promote American beef in South Korea by joining a launch campaign for a new product, the “Cube Steak Lunch Box”.<br />The product was developed by Halhwang, a local company, that just delivered its first batch of lunch boxes to GS25 convenience stores.<br />"The healthy lunchbox is a great way of conveniently and inexpensively putting high-quality protein in the diets of people who don’t have time to prepare their own lunches. The cube steak is made with U.S. beef steak and paired with rice, sweet potato salad and other side dishes. The lunch box is identical to the dishes you find at food markets and to those offered by famous food trucks in the region", said Jihae Yang, USMEF director in Korea. <br />The menu was prepared based on a street-food recipe and is described as perfect for Korean students and workers looking for healthy meal options for their busy daily lives.<br />The dish consists of 60 grams (a little over 2 ounces) of cubed U.S. beef steak, fried rice, mashed potatoes and precooked broccoli. Since the launch in late April, sales have averaged 7,000 per day. The GS25 campaign is expected to sell 12 metric tons of U.S. beef every month.<br />Previously, USMEF has been working with Halhwang on similar projects, including a promotion launching U.S. pork hot dogs at Korean 7-Eleven stores in 2016.<br />For the cube steak campaign, Halhwang requested permission to print the USMEF logo on the product to highlight the fact that it is made with U.S. beef. </p> | 1 | Retail | 2018-07-29 07:51:39 | 2025-08-10 22:25:58 | Details Edit Delete | ||
1676 | US meat industry ask Trump for cultured-meat regulation | Seven groups representing meat and poultry industry, as well as processors, have asked president Trump to put lab-grown meat under USDA regulation. | <p>The controversy brought about by the concept of cultured-meat has moved into the White House backyard. President Trump has been asked to intervene and to place cell-cultured protein products under USDA regulation.</p> <p>Seven groups representing meat and poultry industry want these products held to the same high standards for food safety and labelling that meat and poultry are held to under the USDA regulatory system, informs <a href="https://kticradio.com/featured/meat-and-poultry-groups-want-fake-meat-regulated-by-usda/">KTIC Radio</a> website.<br />In the open letter addressed to the White House, the groups say, “Cell-cultured products that purport to be meat or poultry should be subject to the same comprehensive inspection system that governs amenable meat and poultry products to ensure that they are wholesome and safe for public consumption”.<br />Meat industry representatives are saying that these products must be regulated in a way that ensures they are labelled and marketed in a manner that levels the playing field in the marketplace.</p> | 1 | Industry | 2018-07-29 12:08:56 | 2025-08-11 05:25:39 | Details Edit Delete | ||
1677 | Turkey and swiss sandwiches recalled due to possible contamination to listeria | The alert is targeting 12 American states where the products were shipped to food service and retail stores. | <p> A voluntary recall was issued by Lipari Foods for Premo Brand and Fresh Grab turkey and Swiss submarine sandwiches produced and packaged by sister company JLM due to potential contamination of Listeria monocytogenes. <br />The products were produced on July 17, 2018, and distributed to food service and retail stores throughout Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, Tennessee, Wisconsin and West Virginia, informs the company, according to <a href="https://www.foodsafetynews.com/2018/07/premo-brand-and-fresh-grab-turkey-and-swiss-submarine-sandwiches-recalled/#.W16M88JDPIU">Food Safety News</a> magazine.<br />The problem was discovered after JLM performed a routine environmental monitoring and product testing which returned positive test results for potential contamination of Listeria monocytogenes. <br />Listeria monocytogenes is an organism, which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhoea, Listeria infection can cause miscarriages and stillbirths among pregnant women.</p> | 1 | Retail | 2018-07-30 06:27:11 | 2025-08-11 02:18:12 | Details Edit Delete | ||
1678 | US beef industry desperately needs an FTA with Japan | American beef producers will endure a greater competition in the Japanese market from countries that signed the CPTPP. | <p>The market share of 25% owned by the US beef industry in the Japanese market could soon decrease as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed in March by the Asian country with other partners in the Pacific area will take effect.<br />Countries such as Australia, New Zealand, Mexico and Canada, will benefit from an immediate reduction and phase-down of tariffs from their current levels over a 15-year period.<br />In 2017, the US officially withdraw from the trade agreement but now that doesn't look like the best idea.<br />Under the CPTPP, Japan agreed to significant tariff reductions on beef, with reductions from 38.5% to 9% for muscle cuts. Tariff reductions for select offal products will be phased out completely. Meanwhile, US beef will continue to face tariffs of 38.5% to 50%, as well as a global safeguard tariff of 50% when imports exceed a specified level.<br />University of Tennessee Institute of Agriculture (UTIA) projection range suggests that Australian beef could increase by as much as $139 million, while US beef could decrease by as much as $143 million. Although Canada, Mexico and New Zealand also face lower tariffs, the projected increase for these countries is small at $4 million. Australia also gains in the frozen beef market at $162 million, reports <a href="https://www.drovers.com/article/trade-agreement-japan-crucial-us-beef-industry">Drovers</a> magazine.<br />"As exporting countries, other than the U.S., aggressively pursue free trade agreements or FTAs, US agricultural sectors such as beef could be disadvantaged, if we stay out of the FTA game. It is important for the US to stay engaged in international trade negotiations in order to maintain its competitive edge in global markets" considers UTIA trade expert Andrew Muhammad.<br />Without a Free Trade Agreement signed with Japan, higher tariffs will likely cause a decline in US beef exports to Japan that could negatively impact returns to every segment of the industry, from the cow-calf producers to the packer, mentions the report released by University of Tennessee Institute of Agriculture.</p> | 1 | Industry | 2018-07-30 07:00:06 | 2025-08-10 22:28:08 | Details Edit Delete | ||
1680 | Kelly Products launches beef blockchain | US-based Kelly Products has announced it is launching a blockchain system for beef in the southeast of Georgia. | <p>The agribusiness enterprise said that it is starting with a blockchain system for beef but eventually it will add pork, poultry and other animals.</p> <p>The company opened Farmview Market, a retail store in Madison, Georgia in 2015 which has a large butcher shop, café, specialty grocery and farmers market.</p> <p>"The animals from Rock House Farm are born and raised at the farm in Leesburg, transported to a local slaughter facility, and then further processed at Farmview’s butcher shop," the company said in a statement.</p> <p>Farmview Market is working with numerous local and regional protein suppliers. Kelly Products wants to offer this same level of transparency to its other partners.</p> <p>“We plan to start the block chain with our own animals and then expand to other members of the meat processing and supply chain across the state of Georgia and the southeast. We believe transparency and food safety are top priorities for our consumers at Farmview, as well as our state’s food system,” says Kelly.</p> <p>The company announced that the data that it will collect will include information regarding each animal’s breed, sire, sex, vaccinations, weights, average daily gains, antibiotic or growth hormone use, feed and forages, farm location, changes in ownership, date slaughtered, date processed, carcass grading, etc.</p> <p>“Tracking this type of data will help our state’s cattlemen develop a strong brand here in the state of Georgia, and then moving into the Southeast,” says Kelly.</p> <p>Participating producers will track their cattle and livestock through RFID and this data will be collected at pre-defined intervals.</p> <p>The company said it is well positioned to develop a blockchain system, as its software division , Kelly Registration Systems, has previously developed software for inventory management for the manufacturing industry.</p> | 1 | Industry | 2018-07-30 10:29:26 | 2025-08-10 07:03:40 | Details Edit Delete | ||
1679 | Descending trend in Irish beef calf registration | A significant decrease of 4% is reported in beef calf registration in Ireland. | <p>In the first half of the year, beef calf registration has decreased by 4% compared to the same period of 2017, according to recent figures released by the Irish Cattle Breeding Federation (ICBF).<br />Nevertheless, this trend was first observed last year when compared figures between 2016 and 2017 revealed a decrease of 6% in beef calf registration or 19,822 head, reports <a href="https://www.agriland.ie/farming-news/beef-price-how-does-ireland-compare-with-europe-after-price-cuts/">Agriland</a> magazine. In the recent months, beef farmers have been confronted with price cuts from meat processors. Compared to EU, Ireland beef prices achieved on a per head basis is placing the country on the sixth place. That could also explain the decrease in the numbers of beef calves observed this year.<br />By the end of June, the current number of beef calves registered this year was 637,059 head, a figure that reveals a drop of 26,905 head on the number witnessed in 2017. <br />At the same time, Irish farmers have more confidence in the dairy sector, as the number of calves registered at the same time increased by 41,701 head compared with the number registered last year. Looking at overall calf registrations (both beef and dairy) in 2018, some 1,929,749 calves have been registered – an increase of 14,796 head on 2017 levels.</p> | 1 | Industry | 2018-07-30 11:32:41 | 2025-08-10 22:54:57 | Details Edit Delete | ||
1681 | Kepak to buy 2 Sisters UK Red Meat business | The Irish company expects this acquisition to strengthen its position in the UK market. | <p>Kepak Group has signed a deal with Boparan Holdings to acquire the UK business and assets of 2 Sisters Red Meat. The company has not offered any financial details regarding the deal.</p> <p>The company says that through this new acquisition will strengthen its key customer supply chain partnerships. Kepak says that another important fact is that "it is both a Brexit and a €/£ hedge for the existing and the new Irish-UK businesses."</p> <p>In addition, 2 Sisters Red Meat represents also a sustainable source of UK raw material for Kepak’s meat-based value-added businesses which are located both in Ireland and in the UK and which supply Irish, European and UK customers.</p> <p>“Kepak has a clear strategy to grow its meat and food businesses in partnership with key customers and in markets that are complementary to our existing businesses in Ireland and in the UK. The acquisition of this red meat business, with its very solid UK retail, foodservice and manufacturing relationships, marks a very significant next step in delivering on our strategy. It is a great fit for Kepak," John Horgan, Managing Director, Kepak Group, said.</p> <p>Kepak will assume control of 2 Sisters Red Meat effective immediately based on the terms of the agreement.</p> <p>The UK business is operated from four key production sites: McIntosh Donald, Portlethen, Scotland; and Three St. Merryn sites: Merthyr, Glamorgan, Wales, and Bodmin and Victoria in Cornwall, England.</p> <p>The company said in a statement that these four sites and the associated central support office at Talgarrek House and cold storage facilities at Truro, process and market, mainly in the UK, about 250,000 cattle and more than 1 million lambs annually from more than 13,000 farmers spread from Scotland to Cornwall.</p> | 1 | Industry | 2018-07-30 11:41:58 | 2025-08-10 23:02:18 | Details Edit Delete | ||
1682 | Belarus aims to reach $100 million ceiling in agricultural exports to China | Beef an poultry are the products that can make a difference for Belarusian exporters of agricultural goods. | <p>Belarus aims to increase its presence in the Chinese market with the help of dairy, red meat and poultry products. In fact, the country's Deputy Prime Minister Mikhail Rusy hopes that exports will reach the ceiling of $100 million this year, informs <a href="https://eng.belta.by/economics/view/belarus-aims-for-100m-in-agricultural-exports-to-china-in-2018-113627-2018/">Belta</a> news agency. <br />That will be almost a 6 fold increase in value, considering the fact that agricultural exports to China in 2017 accounted for $17 million. "Last year we exported $17 million worth of agricultural products to China. We believe that this is not enough as the market is very big. We aim for $100 million in agricultural exports to the People's Republic of China in 2018", declared Mikhail Rusy.<br />Currently, dairy products, beef and poultry are the main agricultural goods delivered to China. This year, Veles-Meat company and Mogilev Meat Packing Plant, the two Belarusian beef producers that are certified to export in this market, have sent their first shipments of beef cuts to Chengdu, China. The poultry industry is more favoured, five Belarusian producers receiving the green light for exports to China.</p> | 1 | Market | 2018-07-30 13:43:38 | 2025-08-10 20:58:48 | Details Edit Delete | ||
1683 | Danish pork is getting cheaper | Denmark's fresh and frozen pork exports have increased year-over-year in volume but fell in value in the first four months of 2018. | <p>The country's fresh and frozen pork exports have reported an increase of 8%, in terms of volume, reaching 375,500 tonnes in the first four months of 2018. Still, in terms of value, exports fell by 3% to DKK5.6 billion (€747 million), according to the Agriculture and Horticulture Development Board (AHDB).</p> <p>AHDB analyst, Bethan Wilkins, explained that the increase in volume is based on an increase in the country's pork production of 6% or 28,000 tonnes in the mentioned period.</p> <p>Danish pork exports increased to other EU member states in the first four months of this year and accounted for 73% of Denmark's total pork export volume in this period.</p> <p>Exports to the UK declined by 13% in the mentioned period, while Poland increased its Danish pork imports by 23% year-on-year, making it the second largest market for Danish pork.</p> <p>"Germany remained the largest single market for Danish pork, with its share increasing to 32% as volumes to other countries fell back," Wilkins explained.</p> <p>Shipments to Italy also rose by 8,600 tonnes and there was noticeable growth to a number of smaller EU countries, particularly Romania and Greece.</p> <p>On the other hand, shipments to non-EU markets increased slightly by 2%. The main markets that increased their purchases of Danish pork were the US and South Korea, with shipments up by 3,000 tonnes each.</p> <p>There was also an increase in shipments to Denmark’s largest non-EU export destination for pork, Japan. The country purchased by 4% (1,400 tonnes) more pork in the first four months of this year.</p> <p>Meanwhile, Danish pork exports reported a staggering decline of 22% (-6,300 tonnes).</p> | 1 | Industry | 2018-07-30 13:59:41 | 2025-08-11 03:46:28 | Details Edit Delete | ||
1684 | <p>Nestlé said in a statement that through the GCAW the companies want to address current systemic barriers to change, share best practices as well as accelerate the development of standards and progress on key welfare issues.</p> <p>GCAW is the world’s first global food industry-led collaboration uniting major companies and animal welfare experts working towards improving standards for animals at scale to meet consumer demand for food products from animals reared in systems that promote good welfare.</p> <p>GCAW plans to publish a collective action agenda in the first half of 2019, focusing on five priority work streams, including cage-free policies and improved broiler chicken welfare.</p> | 1 | Industry | 2018-07-30 16:33:00 | 2025-08-10 01:41:23 | Details Edit Delete | ||||
1688 | Astana's sausage and meat production doubled in H1 2018 | The production of sausages and meat in Kazakhstan's capital has doubled in the first half of 2018 compared to year earlier levels. | <p>The production of food products in the manufacturing industry in Astana is 7.5%.</p> <p>"In January-June, 2018, food products worth KZT17.4 billion were made, which amounted to 109.8% by the corresponding period of 2017," according to data released by Astana Akimat.</p> <p>So, in the first months of this year sausages and meat products totaled 1,130 tons, which is twice as much as in the same period in 2017.</p> | 1 | Industry | 2018-07-31 05:31:50 | 2025-08-10 18:53:11 | Details Edit Delete | ||
1687 | Premium Brands buys stake in organic poultry producer | Premium Brands Holdings Corporation, a leading producer, marketer and distributor of branded specialty food products, is pleased to announce that it has acquired a 62.6% interest in Yorkshire Valley Farms Ltd., an Ontario based processor and marketer of organic chicken products. | <p>“We chose to partner with Premium Brands based on their solid reputation as a supportive long term<br />investor that respects the unique cultures and values of the businesses they invest in,” said James Sculthorpe, President and CEO of Yorkshire.</p> <p>Yorkshire, which has annualized sales of approximately $65 million, operates a modern 40,000 square foot processing facility located in Harriston, Ontario. It was founded in 2010 by a group of farming families led by Tony Ambler and Tom Ahrens.</p> <p>Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States.</p> <p> </p> | 1 | Industry | 2018-07-31 06:15:56 | 2025-08-11 07:36:17 | Details Edit Delete | ||
1685 | Europe rules that gene editing equals GMO | "This will definitely slow if not kill investments in the GMO work in animals", says the leader of a genetic company. | <p>Gene editing programmes in EU will now fall under the GMO (genetically modified organism) law, according to the European Court of Justice (ECJ) who decided on the matter on July 29.<br />Restrictive regulation in the use of genomic editing technologies could reduce the investments made by companies in the field. New reports regarding this subject inform that Europe-based genetics companies such as Bayer, BASF and Syngenta likely will focus their genomic-editing research on other regions, such as North and South America, reports <a href="https://www.drovers.com/article/eu-puts-brakes-gene-editing?mkt_tok=eyJpIjoiTURsaFpqZGtNelJoTjJNeSIsInQiOiJXdWlnMlJSQnFSWXZBK0JJc3Jqc0tqMEo2M01abWVneWRZZ0pqRVJ0V2hmV3UwRlJ1SFBLVEFET2JmeUpGbE4yK3RSYzc5WGhQTk1zYUFvb1FlaURScHNlU1BzdHZLMXR0Vm1tVXlNbGtzSW9aYU1hZ3JJdXZpWGxMVGxPMU52MiJ9">Drovers</a> magazine.<br />Proponents of genomic editing maintain that the techniques modify an organism’s existing DNA to encourage the expression of desirable genetic traits or discourage undesirable traits, without introducing DNA from other species.<br />One of the recent examples related to the work on gene editing in livestock came from Scotland, where scientists used genomic editing to create a line of pigs with genetic resistance to porcine reproductive and respiratory syndrome (PRRS), one of the most destructive viral diseases in pigs worldwide.<br />Now, the ECJ rule can block such R&D programmes in the EU, mentions Jim Long, President and CEO of Canada's Genesus. "This will affect crops and livestock. The most relevant piece for swine producer is the Gene Edited research that has been ongoing for PRRS resistance. Now Gene Edited research will be subject to all GMO regulations in Europe. This will definitely slow if not kill investments in the GMO work in swine. We believe packers, retailers or food service will want to lead a fight to explain GMO pork to consumers. We expect fairly soon some Packers, Retailers or foodservice will insist on Non-GMO pork as a certification and for them as a branding and marketing opportunity. This in itself will pressure other pork suppliers to follow the Non-GMO Pork label.<br />We expect the European Union Court ruling will move to all countries with Gene Editing falling under the rule of Genetic Modified Organisms. Europe is a huge market and a global trendsetter. We believe that Gene Editing = GMO as a panacea for the swine industry is a misguided path that will only destroy markets and demand. Is not the science we are against, we are against losing customers", commented Mr Long.</p> <p>(Photo source: Americas Tilapia Alliance)</p> <p> </p> | 1 | Industry | 2018-07-31 09:54:25 | 2025-08-10 04:05:44 | Details Edit Delete | ||
1686 | Vietnam pangasius exporters are too dependent on the Chinese market | VASEP warned its members to ensure that the fish exported to China is of the highest quality and meets all standards of food safety. | <p>Vietnamese pangasius is in high demand in China but this also represents a concern for the fish industry in this country. As China is becoming more demanding in terms of quality requirements and food safety any incident in this field it would have substantial consequences for the Vietnamese pangasius sector.<br />During the first half of 2018, Vietnamese pangasius exports have increased 21% year-on-year, to $1 billion, and China absorbed a quarter of them, reports <a href="https://www.fis.com/fis/worldnews/worldnews.asp?monthyear=&day=28&id=98536&l=s&special=&ndb=1%20target">Fish Information&Services</a> portal.<br />The Association of Vietnamese Seafood Exporters and Producers (Vasep) recently warned its members to ensure that the panga exported to China is of the highest quality and meets all standards of food safety, to avoid potential problems in the future.<br />Vasep also urged the Ministries of Agriculture and Rural Development (MARD) and Industry and Commerce to reinforce control over the quality of the exported panga.<br />Dependence on one market can be dangerous as Vietnamese pangasius is facing already trade barriers in the US and EU markets. "The panga of Vietnam should be exported to the whole world and not depend on a single market", said one representative of Vasep.<br />Since July, China has reduced the import tariffs by 2% to 10% for 221 types of fishery products of WTO members, including Vietnam. This year, pangasius production in the Mekong Delta has increased by 9.9% to 643,600 tonnes and is expected to grow more rapidly due to the high demand in the Chinese market and the new tariffs applied for this type of product.</p> <p>(Photo source: Vietnam Investment Review)</p> | 1 | Industry | 2018-07-31 10:48:49 | 2025-08-11 05:15:28 | Details Edit Delete | ||
1690 | UK's red meat exports report strong start this year | The country's red meat exports increased by 7% year-on-year in the first five months of 2018, reaching 183,000 tonnes, according to the Agriculture and Horticulture Development Board (AHDB). | <p>The total value of beef, lamb and pork exports has risen above the £487 million ($640.8 million) mark between January and May 2018.</p> <p>The latest HMRC figures, according to AHDB, indicate that the strongest performance in the mentioned period was reported by the fresh and frozen beef shipments which rose 18% in value, "with the lion’s share destined for Ireland, the Netherlands and France, worth more than £120 million ($157.9 million) combined."</p> <p>Regarding pork shipments, here AHDB noticed a "small dip in volume", but there still was an increase of 3% in value. China was the main importer of UK pork and accounted for 22% of the total export volume.</p> <p>Although decreasing in volume, AHDB says the sheep meat exports still increased slightly in value by 1% to £145 million ($190.8 million), "driven by high lamb prices."</p> <p>In this category, France was UK's largest importer of sheep. The value of these shipments reached £61 million ($80.2 million) this year.</p> <p>Moreover, AHDB says the average value per tonne of sheep meat exports in the year to May has risen ten per cent on year-earlier levels.</p> <p>Jonathan Eckley, AHDB Senior Exports Manager for livestock said: “It has been a good start to the year for the UK’s red meat exports despite many challenges we have faced which includes tight supplies for sheep meat, which has driven up lamb prices.</p> <p>“Also, demand for pig meat in China has slowed this year, which has created a tough environment for our exports but we continue to work hard to maintain our presence in this all-important market.</p> <p>“2018 has seen AHDB exports working in a number of international markets to ensure that we showcase high-quality beef, lamb and pork products to global importers in existing and new markets. Further, the UK has been successful in gaining recent approval for exports to Philippines and Saudi Arabia, gaining wider pork access and the lifting of the beef ban in China.”</p> | 1 | Market | 2018-07-31 12:10:08 | 2025-08-08 12:46:08 | Details Edit Delete | ||
1689 | Australia to increase its beef production by 7% | Exports are also forecast to increase by 10% during this year thanks to a strong growth in key Asian markets. | <p>Drought and female turn-off are the main reasons that led to a revised upwards forecast for Australia's cattle slaughter (+9%)<br />7.8 million head are going to be slaughtered this year due to harsh weather condition, informs Meat and Livestock Australia (MLA), leading the beef production to 2.3 million tonnes carcase weight (+7%).<br />For the first five months of 2018, Australian adult cattle slaughter totalled 3.1 million head – an increase of 11%, or 300,000 head, from the same period last year, although 7% below the five-year average.<br />Females have largely driven the year-on-year increase, with a 21% rise in the number of cows and heifers processed, and a modest 2% lift in male cattle slaughter. "Female cattle slaughter in May almost reached 403,200 head – the highest monthly volume since July 2015. Persistent dry conditions have seen the average national adult carcase weight forecast for the 2018 calendar year revised downwards, to 292kg/head. However, the upwards revision to slaughter more than outweighs the expected drop in carcase weights, with beef production for 2018 now forecast to increase 7% to 2.3 million cwt", explained MLA Market Intelligence Manager, Scott Tolmie.<br />Despite the high supply of beef expected this year, the prices on the domestic market can remain still as the external markets, especially Asian ones increased their demand for Aussie beef. "Demand in these markets has held firm in the face of increased product coming from both Australia and the United States. The flow-on for producers domestically has been continued price-support for finished cattle, cows and feeder suitable cattle. Australian beef exports are up 13% for the year-to-date (January to June) with key markets, such as Japan, Korea and China, recording double-digit growth. Australian beef exports are now forecast to increase by 10% in 2018, to 1.11 million tonnes shipped weight", added Tolmie. Live cattle exports have also increased over the past six months, lifting 23% year-on-year to 487,000 head.</p> <p>(Photo source: Research Gate)</p> | 1 | Industry | 2018-07-31 13:08:10 | 2025-08-11 02:50:09 | Details Edit Delete | ||
1691 | US turkey meat exports are growing | Markets abroad are looking more promising to the producers than the domestic one who seems to be oversupplied. | <p>US turkey exports are starting to recover slowly following a two year of decline after the 2015 outbreak of highly pathogenic avian influenza.<br />The latest US Department o Agriculture's "Livestock, Dairy & Poultry Outlook" reports that turkey exports are rising and that thanks to Mexico increase in demand. "For most of the last decade, more than half of U.S. turkey exports have gone to Mexico, with the share reaching as high as 74% of all shipments in July 2014. As exports have recovered, the share of shipments going to Mexico has generally risen as well — apart from seasonal patterns", mentions the report.<br />Export markets seem to be one of the few viable options for turkey producers as the prices on the domestic market are low due to the inventory piled up in cold storage rooms. In the last 12 months, exports accounted for 11% of US turkey production, up by 1% from the previous 12-month period. This year, USDA expects that at least 300,000 tonnes of turkey to be exported. Nevertheless, the volume could decrease by 1% in 2019.</p> | 1 | Market | 2018-07-31 14:14:15 | 2025-08-11 03:51:20 | Details Edit Delete | ||
1692 | Further growth is expected for Norwegian salmon exports | Paul T. Aandahl, Analyst with the Norwegian Seafood Council expects to witness further growth for Norway's salmon exports in the second half of 2018. | <p>Norway exported 556,000 tonnes of salmon in the first six months of this year with a value of NOK 32.6 billion.</p> <p>According to the Norwegian Seafood Council's figures, volumes of exported salmon rose by 7%, while the increase in value 4%, or NOK 1.1 billion, compared with the first half of 2017.</p> <p>Very strong value growth was witnessed in particular in the second quarter of this year, up to 10%. In the first quarter, there has actually been a decrease in value of 2%.</p> <p>“Several factors have contributed positively to this record half-year. Currency is one of them. The Norwegian kroner depreciated on average by 5% against the euro, but against the US dollar, the kroner increased by about 7%. Since the EU territories account for two-thirds of Norwegian salmon, Norway´s export results remain positive”, explains Paul T. Aandahl, Analyst with the Norwegian Seafood Council.</p> <p>The currency situation made it relatively more favorable to export to the Euro markets compared with dollar markets.</p> <p>"Both volume and price varied greatly in H1. In volume terms, there was strong growth in January and June, leading to a lower price than last year. It was therefore perhaps surprising that the month of May had strong volume growth with rising prices”, says Aandahl.</p> <p>Aandahl further considers that in the second half of this year salmon shipments will continue to increase in value thanks to a positive currency situation for the Norwegian kroner.</p> <p>"In terms of currency, I expect the same strengths in the second half of the year as in the first. That means that the help we have had with respect to the EU markets will disappear while the "dollar markets" are expected to increase compared to the first half of the year. This, along with stable production in Chile, will enable Norway to strengthen its market share in the US and Asia in the second half of the year compared with the first half. With the disappearance of trade barriers with China, this trend will be accelerated”, Aandahl remarks.</p> <p>In addition. Aandahl considers that the Norwegian salmon will not be in direct competition with Chilean salmon. Furthermore, there is a strong possibility that the increased demand for salmon in Russia will reduce the supply of salmon from Chile and the Faroe Islands to other markets. This means a good opportunity for Norway to sell more.</p> <p>"Overall, I expect the current value growth to continue. This is also supported by the Norwegian Seafood Council scenario modeling, which projects 4% value growth to continue into the second half of the year”, Aandahl concluded.</p> | 1 | Industry | 2018-07-31 16:01:25 | 2025-08-11 09:00:44 | Details Edit Delete | ||
1694 | Maple Leaf Foods appoints new COO | Maple Leaf Foods announced that Gary Maksymetz, who has held the role of Chief Operating Officer since 2014, will retire at the end of September. | <p><span class="xn-person">Curtis Frank</span>, who has held the position of Senior Vice President, Retail since 2014, will assume the role of Chief Operating Officer, effective <span class="xn-chron">October 1, 2018</span>. In this capacity, he will have overall executive responsibility for the Company's prepared meats, fresh pork and poultry operations, and commercial activities, and a lead role in the development and implementation of strategic business initiatives that advance Maple Leaf's profitable growth and vision to be the most sustainable protein company on earth.</p> <p>"Gary has made a profound contribution to Maple Leaf and I am deeply grateful for his astute leadership, intellect and counsel over our many years together," said <span class="xn-person">Michael H. McCain</span>, President and CEO. "One of our organizational priorities is to establish effective succession planning that delivers continuity of leadership and experience, while providing career opportunities for our next generation of leaders who bring new ideas and capabilities to leading Maple Leaf into the future. Curtis is an intensely results-oriented, strategic and progressive executive who is deeply committed to advancing our vision, growth and profitability." </p> | 1 | Industry | 2018-08-01 06:26:53 | 2025-08-11 06:41:34 | Details Edit Delete | ||
1695 | Japanese pork imports report slight increase in Q2 2018 | After a 2% decline in the first quarter of 2018, Japanese pork imports increased 2% year on year in the second quarter to 237,000 tonnes, according to the Agriculture and Horticulture Development Board (AHDB). | <p>AHDB analyst Bethan Wilkins said volumes for January-June overall were on par with 2017. Import prices have been stable, so value changes reflected volumes shipped, and totalled 241 billion Yen for the period overall.</p> <p>Spain was the main supplier of pork to the Japanese market in the mentioned period, shipments reaching 58,000 tonnes. Wilkins said that Spain's market share across January-June increased to 13%. </p> <p>the US remained the largest single-country supplier, with shipments at 129,100 tonnes (68 billion Yen) in the first half of the year. However, this is 4% below year earlier levels, with a declining trend recorded throughout the first half of the year.</p> | 1 | Industry | 2018-08-01 06:38:30 | 2025-08-09 15:47:58 | Details Edit Delete |