Animal protein, dairy segments drive six-fold increase in Japfa’s H1 earnings

INDUSTRIAL agri-food company Japfa's net profit for its first half grew six times to US$76.8 million, thanks to better operating profit in its "other animal protein" segment, which was driven by continued high average selling prices for fattened pigs - in turn the result of a shortage of pork following an outbreak of African swine fever in Vietnam. Want to know more on Animal protein, dairy segments drive six-fold increase...

Argentina nears China hog deal it hopes could turbocharge local pork production

Argentina is nearing an initial agreement with China that could pave for the way for potential investments by the Asian giant in local pork production for export, Argentina's undersecretary of trade and investment promotion told Reuters.Want to know more on Argentina nears China hog deal it hopes could turbocharge local pork production click here go to market news source. Market news summary from Nasdaq Commodity News.Author: Reuters

China becomes largest importer of Russian meat

Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest buyer of Russian meat, ahead of Ukraine, data showed. Mainland China accounted for 45 percent of Russian meat shipments in physical terms, while Hong Kong for 54 percent of the supplies. Analysts explained that exports from Russia grew...

QAF unit shuts Melbourne meat processing plant after employees catch Covid-19

FOOD manufacturer QAF said on Saturday that the meat processing unit of its Australian pork production business Rivalea has temporarily shut down its processing plant in Laverton, Melbourne with immediate effect. Want to know more on QAF unit shuts Melbourne meat processing plant after employees catch Covid-19 click here go to market news source. Market news summary from The Business Times News.Author: Marissa Lee

Smithfield Foods says not all plant workers can be socially distanced

Smithfield Foods, the world's biggest pork processor, said workers cannot be socially distant in all areas of its plants, in response to US senators who pressed meatpackers on coronavirus outbreaks in slaughterhouses.Want to know more on Smithfield Foods says not all plant workers can be socially distanced click here go to market news source. Market news summary from Fox Business News.Author:

China to buy more US pork to fulfill phase one trade deal

US' frozen pork inventories dropped in June, as exports to China surged. An analyst said that China is implementing the Phase One trade deal, buying $32 billion worth of US agricultural products over two years despite a global shrinkage of trade caused by COVID-19. Source: Global Times | 2020/7/23 17:21:39Want to know more on China to buy more US pork to fulfill phase one trade deal click here...

Frozen US pork supplies fell in June, exports to China rose – data

US frozen pork inventories fell 25% from a year earlier at the end of June, the US Agriculture Department said on Wednesday, after coronavirus outbreaks in meatpacking plants slowed production.Want to know more on Frozen US pork supplies fell in June, exports to China rose - data click here go to market news source. Market news summary from Nasdaq Commodity News.Author: Reuters
Close

Market News Language


Copyright All rights reserved – NonSell.com