Zambeef offers lucrative prices to Zambian pig farmers to boost production, pork supply

ZAMBIA – Zambian Integrated cold chain food products and agribusiness company Zambeef, has of last year doubled the price it pays local pig farmers, in a bid to boost home-grown production and encourage more participation in the sector. This is also to keep pace with the continued consumer demand of pork, in the midst of a drop in pig supply due to outbreaks of swine fever. The sector has also been wallowing in the impacts of the drought experienced in 2019/20, which has pushed feed ingredient prices up and the…

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Wholestone Farms to establish US$500m pork facility in South Dakota as Hill’s Pet Nutrition invests in a new plant in Kansas

US – Wholestone Farms, a farmer-owned pork producer, has announced plans to build a new pork harvest and processing facility in South Dakota, United States. According to Wholestone Farms, the project will cost about US$500 million and will initially see the employment of more than 1,100 people. “Wholestone Farms and its farmer-owners have a strong culture of corporate citizenship and with many of our members currently living and doing business in the area, we look forward to being a preferred employer and impactful participant in the Sioux Falls community,” said…

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JBS bounces back from cyber attack, announces major investments in US, Australia

US –  World’s largest meat producer JBS has come out strong from a cyber attack that almost paralyzed its North America and Australia operations, announcing major investments in the regions that were hit by the cyber attackers. Just a few days after paying an equivalent of US$11 million to prevent unforeseen risk from the cyber attack, JBS has said it is investing more than US$130 million in the U.S. beef industry to increase production capacity at two of its major beef processing facilities in Grand Island and Omaha, Neb.    The company is on schedule to complete a…

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US Court orders slowing down of pork line speeds citing worker safety

US – A federal judge in the United States has ruled that the U.S. Department of Agriculture’s removal of processing speed limits did not adequately take worker safety into consideration and ordered the reinstatement of the speed limits.   The federal judge has further directed the USDA to rework regulations around pork processing speeds in the next 90 days— until the end of June. “Line speeds are a risk factor that will increase the already hazardous conditions faced by workers,” U.S. District Judge Joan Ericksen wrote in the ruling. “These…

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Zambia, Angola strengthen trade relations through public-private sector collaboration

ZAMBIA – Zambia and Angola have joined hands to foster trade relations in the agriculture and livestock sector through enhanced private and public sector collaboration. This was agreed upon during the Mini Business Symposium between the two nations aimed at stimulating bilateral trade, which culminated with a visit to Zambia’s largest integrated cold chain foods and retail business, Zambeef. According to reports by Lusaka Star, Angola will tap into livestock products from Zambia which will enable it to reduce importation of the products from Europe and South America. In January,…

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Danish Crown to invest US$322m in modernization of meat processing factories

DENMARK – Europe’s largest pork producer Danish Crown has announced an investment of around DKK 2 billion ($322 million) in the coming year in modernization of its factories in Denmark and Germany. With a primary focus on automation, the capital will be used to further improve working conditions, as well as future-proof production. Its pork business which accounts its largest share of revenue will receive the largest share of the US$322 million investments, according to a report by FoodBev. The investment which is about 25% higher than the company’s budget…

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World livestock and poultry exports forecasted to rise despite decline in beef and poultry production

GLOBAL – According the Global Agricultural Information Network report on livestock and poultry world markets and trade by USDA, the global export forecasts for beef and chicken meat trade have been trimmed due to emerging threats from the spread of the COVID-19 virus. Economic growth forecasts have been cut for 2020 and the impact on consumers will dampen demand for animal protein. Widespread closures of restaurants and food service outlets as well as a reduction in tourism and travel will shift demand for protein among both types of meat as…

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Customer interest in animal welfare is the primary driver for business action, new reports indicates

AFRICA — According to a recently released report by World Animal Protection, leading global food companies are demonstrating that action on animal welfare is possible within a competitive environment however, much more needs to be done as some of the major global food companies are severely lacking on Farm Animal Welfare policies and standards. The report published by the Business Benchmark on Farm Animal Welfare (BBFAW), an initiative backed by World Animal Protection and Compassion in World Farming, ranks 150 global food companies on farm animal welfare standards across six…

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Tyson Fresh Meats to resume operations at Columbus Junction pork plant

USA – Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods has announced that it will resume limited operations at its pork plant in Columbus Junction, Iowa, on Tuesday 21st April, after being idle for two weeks due to COVID-19 concerns. “Our first priority is protecting our team members while they fulfill their critical mission of feeding families across the country during this challenging time,” said Tyson Foods’ President, Dean Banks. “We plan to increase production at Columbus Junction gradually, with the safety of our team members top…

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CP Foods to acquire Canadian pork producer HyLife for US$370m

CANADA – Thai based food products company, CP Foods (Charoen Pokphand Foods) has reached an agreement to acquire Canadian pork producer, HyLife for US$370 million (CAD 498 million). CP Foods will take control of 50.1% of the company’s shares while Japan’s Itochu will continue holding the remaining 49.9% of the shares. The companies aim to harness synergies and growth as they both have strong global food distribution networks. For HyLife, CP Foods deals opens up new markets and opportunities in the fast-growing Asian, North American and international markets. “This is…

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