Asia PacificPeople's food profit up in Singapore on pork salesChinese meat pr...
Asia Pacific
People's food profit up in Singapore on pork sales
Chinese meat processor and distributor, People's Food Holdings Ltd. posted an 11.6 percent rise in full-year profit, as revenues swelled by a third thanks to stronger pork sales, the company said on Tuesday.
South Korea won't reopen market any time soon
A senior South Korean agriculture official said that Seoul has no intention of rushing to reopen its borders to American beef.
Japan considers re-opening U.S. beef exports
The possibility that Japan may lift its ban could not come fast enough for the U.S. beef industry, which has been shut out of what was an annual $1.7 billion in beef sales to Japan prior to the ban.
Aussies expect increased competition in beef market:
Australian Bureau of Agriculture and Resource Economics (ABARE) economist said saleyard beef prices are forecast to decline in 2005-06 as Australia faces competition in its key export markets, particularly in Japan with the expected re-entry of U.S. beef into the Japanese market.
Americas
Canada third in global pork exports
Despite setting set a new export record in 2004, Canada's pork industry slipped to third in terms global pork exports behind the United States at second and the European Union.
Europe
UK pigmeat prices soar
UK pigmeat prices have risen sharply during February due to shrinking slaughter numbers and higher EU mainland values.
New meat standard mark launched
A new logo to help shoppers identify English beef and lamb in supermarkets and butchers shops is launched.
USA
USDA finds 43 percent less E.coli tainted meat in 2004
U.S. food safety inspectors last year found 43 percent less ground beef tainted with a potentially fatal strain of E. coli bacteria than in 2003, the Agriculture Department said on Monday.
Hog prices help boost smithfield earnings
Top hog and pork producer Smithfield Foods Inc. on Tuesday said quarterly earnings doubled as higher hog prices more than offset lower results in its pork processing and beef segments.
USDA ups agricultural 2005 export forecast to $59 billion
The U.S. Department of Agriculture today raised the fiscal year 2005 forecast of agricultural exports from $56 billion to $59 billion – an amount that would make FY 2005 the 3rd highest export sales year ever following FY 2004 at $62.3 billion and FY 1996 at $59.8 billion.
Asia Pacific
People's food profit up in Singapore on pork sales
Chinese meat processor and distributor, People's Food Holdings Ltd. posted an 11.6 percent rise in full-year profit, as revenues swelled by a third thanks to stronger pork sales, the company said on Tuesday.
South Korea won't reopen market any time soon
A senior South Korean agriculture official said that Seoul has no intention of rushing to reopen its borders to American beef.
Japan considers re-opening U.S. beef exports
The possibility that Japan may lift its ban could not come fast enough for the U.S. beef industry, which has been shut out of what was an annual $1.7 billion in beef sales to Japan prior to the ban.
Aussies expect increased competition in beef market:
Australian Bureau of Agriculture and Resource Economics (ABARE) economist said saleyard beef prices are forecast to decline in 2005-06 as Australia faces competition in its key export markets, particularly in Japan with the expected re-entry of U.S. beef into the Japanese market.
Americas
Canada third in global pork exports
Despite setting set a new export record in 2004, Canada's pork industry slipped to third in terms global pork exports behind the United States at second and the European Union.
Europe
UK pigmeat prices soar
UK pigmeat prices have risen sharply during February due to shrinking slaughter numbers and higher EU mainland values.
New meat standard mark launched
A new logo to help shoppers identify English beef and lamb in supermarkets and butchers shops is launched.
USA
USDA finds 43 percent less E.coli tainted meat in 2004
U.S. food safety inspectors last year found 43 percent less ground beef tainted with a potentially fatal strain of E. coli bacteria than in 2003, the Agriculture Department said on Monday.
Hog prices help boost smithfield earnings
Top hog and pork producer Smithfield Foods Inc. on Tuesday said quarterly earnings doubled as higher hog prices more than offset lower results in its pork processing and beef segments.
USDA ups agricultural 2005 export forecast to $59 billion
The U.S. Department of Agriculture today raised the fiscal year 2005 forecast of agricultural exports from $56 billion to $59 billion – an amount that would make FY 2005 the 3rd highest export sales year ever following FY 2004 at $62.3 billion and FY 1996 at $59.8 billion.