Tag: Eggs

Zimbabwean government suspends import duty on fertilized eggs to boost production

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ZIMBABWE – The government of Zimbabwe has suspended import duty on fertilised eggs for a period of six months in a bid to boost the country’s poultry sector. According to reports by Chronicle, demand for day-old chicks in the country declined significantly and production dropped by 28 percent between the first and second quarters of 2020, impacted by COVID-19 restrictions. But according to the Livestock and Meat Advisory Council (LMAC), the poultry business is opening up again and demand is steadily increasing. “The import of hatching eggs is therefore necessary…

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Sunshine Food Processing Concept flags off construction of US$10.8m egg processing factory in Nigeria

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NIGERIA – Nigerian Sunshine Food Processing Concept has commissioned the construction of N4.2 billion (US$10.8m) egg processing factory at Ondo State. The company, majority owned by the state government will undertake egg processing to produce egg powder, pasteurised liquid eggs. The shells will be utilized for manufacturing of poultry feeds. “We are looking at production, we are looking at processing, we are looking at marketing and we are looking at foreign exchange earnings. So, it is a full circle.” Akin Olotu, the Special Adviser on Agriculture and Agri-Business to the…

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UK-based AgDevCo invests in Zambia’s leading eggs supplier Goldenlay

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ZAMBIA – AgDevCo, the UK-based social impact investor has expanded its agri investment portfolio in Zambia with a multi-million USD debt investment in Goldenlay, the market leader in table eggs in the country. Established in 2005, Goldenlay has a fully automated production facility and includes backward integration into irrigated and dryland cropping. It supplies an affordable source of protein to millions of Zambian consumers, with a focus on distribution to low-income households through informal markets. “The AgDevCo facility provides a long-term financing solution which allows the business to better finance…

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Quantum Foods expects annual profits to triple on steady earnings from eggs

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SOUTH AFRICA – South Africa’s poultry, eggs and animal feeds producer Quantum Foods expects headline earnings for the year to end 30 September to increase by at least 219%, boosted by steady earnings from the eggs category, reports Moneyweb. Headline earnings per share would increase to 156.3 cents per share compared with 49 cents per share in the corresponding period of the previous year. The company said earnings were lifted by steady revenue in its eggs business, an insurance compensation of US$1.5 million for losses incurred from the Avian flu…

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Six German states ordered to recall 73,000 eggs over contamination scandals

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GERMANY – The Agriculture Ministry of Lower Saxony has ordered the recall of 73,000 eggs from six German states as they were due to be sold in the market while found to be contaminated with fipronil. Fipronil is used to treat lice and ticks in chickens and some tests show that it can harm kidneys, the liver and thyroid gland in people. The full scope and cause of the contamination remains unclear, but the contaminated eggs originate from the Netherlands, the source of the original fipronil outbreak in August 2017.…

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Arla Foods Ingredients launches new egg calculator for use in bakery solutions

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UK – Arla Foods Ingredients, a subsidiary of Arla Foods, has launched a new calculator to help bakery companies determine how much they could save by using egg replacers in their cake recipes. According to the company, egg prices are going through an extended period of volatility and the global production industries have impacted on market conditions, therefore the new egg calculators will reduce food waste. In 2017 and 2018, scares in the US and Europe involving Salmonella and the pesticide Fipronil caused big fluctuations in supply levels and prices.…

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Quantum Foods bounces back to profit with US$162.81m in revenue

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SOUTH AFRICA – The diversified poultry and feeds business has declared US$162.81 million in revenue with a 4.6% increase of US$400,038.40 in Other African operations offset by a decrease in South African operations. For the six months ended 31 March 2018, headline earnings per share (“HEPS”) increased to 82.5 cents from the 12.4 cents per share of 2017. A spectacular performance from the eggs segment whose revenue increased by US$8.7m saw net cash flow from operating activities surging to US$16.3m, prompting the first half-yearly pay-out for the six months to…

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US farm recalls 207 million eggs in the US amidst Salmonella scare

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USA – A US farm, Rose Acre Farms has recalled 207 million eggs supplied in the US after it was reported that more than 20 consumers became ill from suspected salmonella poisoning, reports Fin24. According to the US Food and Drug Administration, the eggs from the facility in North Carolina could have been contaminated with a form of Salmonella which would cause serious infection. The voluntary recall involved eggs sold under several brand names to stores and restaurants in nine states in the US including Colorado, Florida, New Jersey, New…

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Cargill invests US$20m to expand egg processing facility

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USA – Cargill has invested US$20 million to expand its Big Lake, Minnesota egg processing facility in a bid to meet increasing customer and consumer demand for a greater variety of cooked egg products. The Big Lake expansion includes capabilities to pasteurize, mix and cook a number of additional egg products for foodservice and protein ingredient customers. Employment at the plant is expected to increase by approximately 16%, adding a dozen new positions to support the growth. The expansions will also double the facility’s annual requirement for eggs from family…

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Kroner Starke launches new clean label egg replacer, REGG-EX

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GERMANY – Kroner Starke, a German global company that produces high functional natural products in organic and conventional quality, has unveiled a new clean label replacer, REGG-EX amidst egg supply chain pressures on the food industry in the European market. REGG-EX offers food processors with technical and natural product that allows them to simplify bakery formulas and avoid use of artificial ingredients. In addition to its ability to lower cholesterol levels, it’s easy to handle, simple to store, long shelf-life and alternative for vegans. Without any compromise on texture and…

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