World meat industry news

Rabobank: Massive global poultry trade shake-up

  • 3 Apr 11:43

Global poultry trade could face its largest shake-up in decades this year with Brazil bearing the brunt. While most industries have performed well in the first 3 months of the year, major drivers including the follow up to Brazil’s weak-flesh investigation, including restrictions on EU trade and a pending ban on stunning in Saudi Arabia that could affect both Brazil and the EU, are among key issues facing the global sector identified in the latest Rabobank report. The ‘Poultry Quarterly Q2 2018: A Massive Global Poultry Trade Shake-Up’ report also highlights the ongoing NAFTA renegotiations which could affect North American poultry trade. Read more...

Q1 2018: Pig world, fasten your seatbelts

  • 3 Apr 11:42

There might be rough times ahead in terms of global pig prices, according to pig market expert Dr John Strak. In his quarterly review of the world pig market, he warns for a bumpy ride ahead. This is my third attempt at bringing you an overview of what is happening in global pig and pork markets. I began writing forPig Progressabout the ‘global scene’last Septemberand followed upin January this yearwith a review of 2017 and a look ahead to 2018. In both of my previous pieces I was bearish about pig prices and, at best, suggesting that caution should be the theme of businesses involved in any aspect of pig production. With hindsight and (more importantly) fresh. Read more...

Video - "Russian market is growing very fast!"

  • 29 Mar 13:19

All the important markets are growing and that it can be only satisfying for the meat industry, especially for the producers of equipment and machinery. VIDEO Posted on Mar 28 ,12:27"This year, the company is still growing. We have a lot of successful markets, Canada, the US, Asian market, European market, so we are very happy with the situation" mentioned Klaus Schroter, Managing Director of Schroter Technologie GmbH and chairman of the Meat Processing Machinery Group within VDMA (The German Mechanical Engineering Industry Association), for EuroMeatNews. His company is well represented on the local market but it also made its way on some important markets in. Read more...

Auchan expands pork processing capacities in Russia

  • 28 Mar 12:25

French retailer Auchan has set up a new processing line in Lipetsk region, in cooperation with the Russian agricultural holding Zeros. That news was shared by Nikolay Bobin, Zeros CEO, during a press conference early March. The new production facility in Lipetsk region, 450km south of Moscow, should reach a capacity of some 1,000 tonnes of pork per month in the course of 2018, according to Bobin. Heavy investments in meat processing Since 2015,Auchanhas been heavily investing in the meat processing business in Russia. One year ago, the retailer already initiated a meat processing plant in Tambov region, investing 3.5 billion roubles (US$ 55 million) for an. Read more...

Global meat consumption will rise

  • 28 Mar 12:24

The estimated sales figure for 2018 is forecasted to reach $154.7 bn. by 2021, with a compound annual growth rate (CAGR) of 1.25% between 2016 and 2021, according to the Euromonitor International market study commissioned by Dubai World Trade Center (DWTC). For 2016, according to Euromonitor data, sales of the global meat and poultry market were situated at an estimated $145.4 bn., up by a CAGR of 1.0% between 2011 and 2016. A forecast made by industry sources quoted by Euromonitor’s study says that the global meat consumption should rise by 7% by 2023, while 70% of this increase will come from poultry. The increase in poultry consumption is expected to be. Read more...

Ukraine smallholders face restrictive measures

  • 26 Mar 14:02

The Ukraine Parliament’s agriculture committee has supported a bill prohibiting farmers from selling meat. Read more...

Miratorg rapidly expands beef exports

  • 26 Mar 14:01

Russian agricultural holding Miratorg has established beef exports to 15 countries, primarily to the. Read more...

World Butchers' Challenge takes place today

  • 21 Mar 13:23

The 2018 World Butchers' Challenge kicks off today as 12 teams battle it out. Read more...

Consumer spending on meat and poultry expected to reach $154.7bn by 2021

  • 21 Mar 13:21

The global meat and poultry market is expected to report sales of 146.7 billion for 2017, while the estimated sales figure for 2018 is forecasted to reach $154.7 billion by 2021, with a compound annual growth rate (CAGR) of 1.25% between 2016 and 2021, according to the Euromonitor International market study commissioned by Dubai World Trade Center (DWTC). For 2016, according to Euromonitor data, sales of the global meat and poultry market were situated at an estimated $145.4 billion, up by a CAGR of 1.0% between 2011 and 2016. A forecast made by industry sources quoted by Euromonitor’s study says that the global meat consumption should rise by 7% by 2023, while. Read more...

Kazakhstan hopes to become beef export giant

  • 20 Mar 11:08

Kazakhstan plans to export 60,000 tonnes (t) of beef this year, primarily to Russia and China, according to. Read more...