Bosnia and Herzegovina (BiH) has now allowed the import of frozen red meat from South America for processing. This move comes as a response to supply shortages in the European market.
Meat Borsa announces new rail freight service, offering efficient and eco-friendly transportation across Europe. This service initially connects Bulgaria and Germany, providing a reliable and low-cost alternative to road transport.
China has stopped beef imports from several suppliers in Brazil, Argentina, Uruguay, and Mongolia due to market oversupply and regulatory concerns, impacting global meat trade.
The Impact on the Meat Industry
Danish Crown has closed its Pinghu factory in China due to ongoing profitability challenges, laying off 112 employees and seeking a buyer for the facility as part of its broader strategic restructuring.
Sweden's poultry industry has experienced significant growth in recent years, with both production and consumption on the rise. However, recent outbreaks of highly pathogenic avian influenza (HPAI) H5N1 pose substantial challenges to this sector, raising concerns about its potential impact.
China is preparing to retaliate against new U.S. tariffs by targeting American agricultural exports, escalating trade tensions and putting economic pressure on U.S. farmers and businesses.
A second U.S. pet food company, Wild Coast Raw, has recalled its products after bird flu was found in cats that consumed raw food.
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If you've noticed egg prices skyrocketing while chicken meat prices remain relatively stable, you're not alone. In the United States, this price difference comes down to how the poultry industry operates, how birds are raised, and the impact of a major disease outbreak.
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Beyond Meat is facing financial struggles due to declining consumer demand, prompting cost-cutting measures, layoffs, and strategic shifts to stabilize its business and regain market traction.