South Africa’s poultry products firm Quantum Foods reports 13.6% decline in earnings

SOUTH AFRICA – Quantam Foods, a feed and poultry products firm in south Africa, recorded 13.6% decline in its egg business during the first four months to January 2019, reports Business Day. Compared to earnings in the corresponding period of the previous year, Quantam had posted a significant decline in earnings which it attributed to…

Kenya to lift ban on Ugandan poultry imports as condition normalises

KENYA - Kenya is set to lift ban placed on Ugandan poultry products following a report submitted by Uganda to the World Organisation for Animal Health (OIE) on eradication of avian flu disease, reports Business Daily. Kenya imposed the Ban in January 2017 following the outbreak of the disease. Livestock Principal Secretary in Kenya, Harry…

SAPA calls for increase in tariffs to protect South Africa’s poultry industry

SOUTH AFRICA -  South Africa Poultry Association (SAPA) has proposed a hike in import tariffs of frozen chicken portions to 82% saying that cheap imports from Brazil are hurting the competitiveness of the local industry. According to the association, the hefty increase in tariffs, for bone-in and boneless portions, will shield the local industry from…

Cargill acquires Colombian poultry products producer Campollo

USA – The global agribusiness company, Cargill has acquired Colombia’s leading chicken and protein products producer Campollo for an undisclosed amount to expand its global poultry business. Campollo which has a strong footprint in Colombia through its products and 20-year presence, will expand Cargill’s business in Latin America that is in Colombia, Costa Rica, Guatemala,…

Cargill to invest US$70m in Thailand’s seafood and poultry in 2 years

ASIA – The American grain and agricultural trading corporation, Cargill has announced that it is committed to invest more than US$70 million in poultry and seafood in Thailand over the next two years. The investment aims to meet global demand and increasing consumption of the products while addressing the company’s innovation strategy. Cargill is looking…

Maple Leaf Foods to build US$497m value-added poultry facility in Canada

CANADA - Maple Leaf Foods, a major Canadian consumer packaged meats company has announced plans to construct a US$497.7 million (CAD 660 million) value-added fresh poultry processing facility in London, Ontario, Canada. The new 640,000 square feet site will help the company meet growing demand and strengthen competitiveness of Canadian poultry sector. According to the…

Venture capital firm Vakayi invests in Zimbabwe’s hatchery ZimAvian

ZIMBABWE -  Vakayi Capital, a venture capital company investing in outstanding entrepreneurs in Zimbabwe has said that it has concluded its second investment project in Zimbabwe, with the latest round in ZimAvian (Pvt) Ltd, a Ruwa based poultry hatchery. The Herald reports that ZimAvian, which produces broiler and layer day-old chicks needs an extra US$250…

USAID awards US$5m grant to University of California to tackle Newcastle disease in Africa

AFRICA – The United States Agency for International Development (USAID) has awarded US$5 million grant to University of California – Davis to aid in tackling the Newcastle disease on the continent. According to GNA, the funding will go towards a project that is looking to identify genes that are crucial to breeding birds with enhanced…

Astral Foods profit soars 78.7% on lower chicken feed costs in 2018

SOUTH AFRICA – South Africa’s leading integrated poultry producer Astral has reported 78.7% increase in group operating profit to US$134.99 million, resulting in an operating profit margin of 15%, ANA reports. According to the company, the year was supported by lower feed raw material costs, higher poultry selling prices as well as higher volumes across…

Bidco Land O’Lakes launches new ‘Kienyeji’ poultry diet in Kenya

KENYA – Bidco Land O’Lakes, a feed-focused joint venture between the American agricultural cooperative Land O'Lakes and Bidco Africa has launched new ‘Kienyeji’ four phase diet for the indigenous chicken. The Kienyeji Feed is expected to improve the rearing of the local poultry raised on either free range or in confinement. According to Bidco Land…