Chinese pork processing giant WH Group processed 30% more poultry last year. Competition in pork processing is growing in China, with more hog producers building slaughterhouses to integrate operations.
Tyson Foods gave its chicken suppliers two months’ notice of its plan to shut a Virginia processing plant in May, raising concerns among farmers and legal experts about Tyson’s compliance with antitrust regulations.
The management of Brazilian meatpacker JBS SA said on Wednesday it “will be selective” in relation to launching share buyback programs and also regarding acquisitions given instability in international markets.
Chilean authorities on Monday confirmed the South American country’s first outbreak of avian flu in poultry, prompting it to suspend chicken exports from the country.
Nineteen feral cattle have been shot from a helicopter by federal employees in a New Mexico wilderness area in a cull opposed by ranchers and criticized by the state’s governor.
Beyond Meat forecast full-year revenue above market estimates and said it was looking to control costs at a time when high inflation is denting demand for its plant-based meat products. Shares surged 14% after hours.
On a bitterly cold January morning, a helicopter soars above central Texas farmland. The four passengers hanging outside the aircraft are hunting - going after feral hogs, an invasive species in the southeastern U.S.
Denmark should aim to reduce beef and dairy production by levying an emissions tax on farming of $108 per metric ton in order to reach its ambitious climate targets, the government’s independent advisor says.
