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Danish Crown, a Denmark-based pork supplier, is planning to cut around 500 jobs due to a decrease in slaughter pigs and escalating costs. The CEO of Danish Crown stated that the company is in the midst of a crisis and needs to make adjustments to ensure better settlements for the farmers who own the company. Despite the difficult situation, the CEO believes that Danish Crown has untapped potential and can resolve the crisis internally. In addition to the job cuts, the company plans to create up to 300 new jobs at other slaughterhouses. [Extracted from the article]

China has named Danish Crown, Vion Food Group, and Litera Meat in its anti-dumping probe into European Union (EU) pork imports. This investigation is seen as a response to the EU imposing tariffs on Chinese-made electric vehicle exports. The probe focuses on pork intended for human consumption, including fresh, cold, and frozen whole cuts, as well as pig intestines, bladders, and stomachs. The investigation is expected to be completed by June 2025 and could have a significant impact on Europe, as a large portion of the bloc's pork shipments to China consists of pig ears, noses, feet, and offal. [Extracted from the article]

Conagra Brands, a US manufacturer, reported a decline in net sales and volumes for its fourth quarter. The company attributed the decline to lower consumption trends. However, CEO Sean Connolly noted that there were signs of improvement in sales volumes in certain areas, such as snacks, frozen meals, refrigerated products, and international business. Meanwhile, Maple Leaf Foods, a Canadian protein company, announced plans to split its business into two separate entities, with its pork business being spun off. Finally, New Zealand-based Wedderspoon, a supplier of Manuka honey, was acquired by Masthead, a New Zealand investor, in a deal that reflects the rising demand for Manuka honey. [Extracted from the article]

Maple Leaf Foods, a Canada-based protein company, is splitting into two separate entities. The company is spinning off its pork business in order to unlock growth potential. The new pork company, which will be named at a later date, will continue to supply Maple Leaf Foods. The separation is expected to be completed next year, and each company will have its own management team and pursue its own value-creation strategy. The board and the McCain family, the largest shareholder, have approved the separation. The other business will focus on meat and alternative-protein assets, including brands like Field Roast and Lightlife. [Extracted from the article]

Smithfield Foods, a US pork processor owned by China's WH Group, has announced plans to close a ham-boning facility in Altoona, Iowa, putting over 300 jobs at risk. The company aims to consolidate production into other sites in Monmouth, Illinois; Sioux Falls, South Dakota; and Crete, Nebraska, in order to improve manufacturing efficiency. Smithfield has stated that it will meet with affected employees individually to discuss severance, financial incentives, and potential employment opportunities within the company. This closure follows previous closures in Charlotte, North Carolina; Vernon, California; and Missouri, as well as the termination of contracts with hog farms in Utah. [Extracted from the article]

China has launched an investigation into potential anti-dumping duties on European Union (EU) pork and its by-products in response to the EU's proposal to impose tariffs on imported Chinese battery electric vehicles (BEV). The European Commission (EC) is currently analyzing China's investigation and will intervene as necessary to ensure compliance with World Trade Organization rules. Concerns have been raised about a potential trade war between the EU and China, which could negatively impact EU pork processors and suppliers as well as Chinese electric vehicle exporters. Industry representatives in Denmark and Spain have expressed their concerns and called for de-escalation to avoid a catastrophic trade conflict. [Extracted from the article]

US pork producer Clemens Food Group has acquired local peer Kunzler & Company, adding three processing facilities to its portfolio. The deal reinforces Clemens' commitment to delivering exceptional products and expands its presence in Pennsylvania. Clemens will continue to offer products under the Kunzler brand. Financial details of the deal were not disclosed. [Extracted from the article]

Seaboard Foods, a US pork processor, has announced that Chad Groves will be its new CEO, replacing Peter Brown who will retire in June. Groves, who currently serves as the company's senior vice president of global sales, marketing, and innovation, joined Seaboard Foods in 2021. The company, which operates a pork-processing plant in Oklahoma, sells its products in the US and export markets such as Mexico, China, and Japan. Seaboard Corp., the parent company of Seaboard Foods, also has investments in Seaboard Triumph Foods and Daily's Premium Meats. [Extracted from the article]

US pork processor Seaboard Foods has opened its first overseas sales office in Japan, named Seaboard Foods of Japan. The office will focus on building relationships with local customers and meeting the unique needs of the Japanese market. Seaboard Foods has been exporting pork products to Japan for 28 years and the new office will allow them to better serve their customers and strengthen their position in the global market. The office will be headed by Charlie Yoshinaga, Seaboard Foods' international field sales manager, who emphasized their commitment to delivering top-quality pork to customers in Japan and around the world. [Extracted from the article]

Tyson Foods, a US-based meat company, has announced the permanent closure of a pork plant in Iowa, resulting in the loss of 1,276 jobs. The closure is part of Tyson's efforts to optimize its operations and better serve its customers. This decision has been described as a significant blow to the community by the Mayor of Perry, as the plant is the largest employer in the area. Tyson has previously closed other facilities due to slowing demand and a drop in profits. Despite a slight increase in sales revenue in the first quarter of 2024, the company remains cautious about its outlook for the year. [Extracted from the article]

Tyson Foods, a US meat processing company, has announced the closure of two case-ready meat production facilities in Jacksonville, Florida and Columbia, South Carolina. The company stated that it will make efforts to relocate affected employees and will work with state and local officials to provide additional resources. The reasons for the closures are unclear, but Tyson had previously mentioned facing pressures in its chicken, beef, and pork operations. This follows the closure of two poultry plants earlier this year and the closure of four domestic chicken factories in August. [Extracted from the article]

Keywords: Meat; News EN Meat News N.PAG N.PAG 1 09/14/23 20230912 NES 230912 Industrias Cárnicas La Cope, a Spanish meat processor in Valencia, has reportedly shut down with more than 200 workers losing their jobs. In its life as Industrias Cárnicas La Cope, the business emerged from what was the Torrent Butchers and Meats Cooperative set up in 1965, according to the website, which said the company operated out of a 22,000 square-metre facility in Torrent in eastern Spain. Spain pork processor Industrias Cárnicas La Cope "goes out of business". [Extracted from the article]

The U.S. Meat Export Federation has just completed its Latin American Product Showcase in Cartagena, Colombia, where U.S. red meat exporters connected with 220 importers from throughout Central and South America and the Caribbean. She says the showcase provided a great opportunity to meet with many suppliers of U.S. beef and pork at a single location, and she was impressed with the selection of high-quality products that were also affordably priced. [Extracted from the article]

U.S. consumers have lowered their willingness-to-pay for six evaluated retail products, including ribeye steak, ground beef, pork chops and bacon, in June compared to May, according to the latest Meat Demand Monitor. Inclusion of beef and pork in prior day meals is much higher for those reporting improved household finances reaffirming the role of macroeconomic conditions in domestic beef and pork demand. [Extracted from the article]

Beef variety meat exports were the largest in 12 months at just under 27,000 mt. For January through May, beef and beef variety exports were down 10% to 554,069 mt, valued at $4.09 billion (down 21%). Pork variety meat exports were particularly outstanding in May, setting a value record of $127 million. [Extracted from the article]

April exports of U.S. pork achieved gains in a wide range of markets, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports, on the other hand, were below the very large totals posted a year ago, but export value per head of fed slaughter was the highest in eight months. [Extracted from the article]

Premium Iowa Pork operates two pork plants in Hospers, Iowa, and Luverne, Minnesota, named Premium Minnesota Pork. Keywords: Meat; Deals; News EN Meat Deals News N.PAG N.PAG 1 06/13/23 20230609 NES 230609 US-based pork company Premium Iowa Pork is reportedly set to buy a HyLife Foods facility in Minnesota. [Extracted from the article]

Keywords: Meat; News; Olymel EN Meat News Olymel N.PAG N.PAG 1 06/05/23 20230530 NES 230530 Olymel is set to cut around 80 jobs as it eases its hog production in western Canada. Olymel closed a pork facility in Vallée-Jonction in Quebec last month, cutting 994 jobs. [Extracted from the article]

"There has been tremendous demand from importers for the in-store training that comes with the Butcher Shop Program", says USMEF Trade Specialist Maria Isabel Ruiz. Launched in mid-2021, 20 importers and 61 butcher shop outlets in 11 cities now participate in the program with many more on a growing waitlist. [Extracted from the article]

Pilgrim's UK is part of the US-based meat group Pilgrim's Pride, which has JBS as a majority shareholder. Keywords: Meat; Refrigerated; News; JBS; Pilgrim's Pride EN Meat Refrigerated News JBS Pilgrim's Pride N.PAG N.PAG 1 05/24/23 20230517 NES 230517 Pilgrim's UK, a pork producer controlled by the Brazilian meat giant JBS, is planning to close its Ashton-under-Lyne site in Greater Manchester. [Extracted from the article]

"Inclusion rates for pork tend to be higher than beef for breakfast and the opposite true for lunch and dinner", Tonsor says. Consumers' willingness-to-pay increased for retail ribeye steak, ground beef and chicken breast, as well as food service ribeye steak, beef hamburger, pork chops and shrimp, in April compared to March. [Extracted from the article]

March exports of U.S. pork were the largest since May 2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). With first quarter shipments of beef variety meats also increasing to Cote D'Ivoire, total beef exports to Africa were up 84% from a year ago to 6,816 mt, valued at $7.9 million (up 77%). [Extracted from the article]

Keywords: Meat; News; Tyson Foods EN Meat News Tyson Foods N.PAG N.PAG 1 05/02/23 20230425 NES 230425 US meat giant Tyson Foods has diverted pigs from its Nebraska-based processing plant following the outbreak of a fire. Last week, China's WH Group, the owner of US pork group Smithfield Foods, slashed its first-quarter profit outlook due to challenging market conditions in the US pork segment. [Extracted from the article]

Olymel had already cut pork production from 140,000 to 81,000 hogs per week. Keywords: Meat; News; Olymel EN Meat News Olymel N.PAG N.PAG 1 04/18/23 20230414 NES 230414 Canada-based pork producer Olymel announced today (14 April) it is closing a pork facility in Vallée-Jonction in Quebec. [Extracted from the article]

Keywords: News EN News N.PAG N.PAG 1 04/18/23 20230413 NES 230413 HyLife Foods, the Canadian pork group, is to close a factory in the US, which will lead to more than 1,000 staff losing their jobs unless a buyer for the facility can be found. There may also be layoffs if the company finds a buyer or buyers, but the buyer does not take on all of the company's remaining workforce, (...)" Seigfreid wrote. [Extracted from the article]

Canada has released its 2023 federal budget, which includes funding for a vaccine bank for foot-and-mouth disease. "The vaccine bank, and the transportation supply chain office, are proof that governments can partner with producer groups to solve issues", said Canadian Pork Council chair Rene Roy. [Extracted from the article]

Earlier this year, Vall Companys took full control of fellow Spanish meat firm Embutidos Rodríguez, having previously owned 40%. Keywords: Meat; Deals; News EN Meat Deals News N.PAG N.PAG 1 03/31/23 20230327 NES 230327 Spanish meat group Vall Companys has purchased a minority stake in Brazilian pork company Master Agroindustria. [Extracted from the article]

A research team, led by Professor Hideshi Ihara from the Osaka Metropolitan University Graduate School of Science, was the first to discover 2-oxo-imidazole-containing dipeptides - which have one more oxygen atom than normal IDPs - and found that they are the most common variety of IDPs derivatives in the body. Imidazole dipeptides, which are abundant in meat and fish, are substances produced in the bodies of various animals, including humans, and have been reported to be effective in relieving fatigue and preventing dementia. [Extracted from the article]

In the last few months, over 220 jobs have been cut by Olymel with the aim to streamline the business - the Blainville plant alone used to employ 134 people. Keywords: Meat; News; Olymel EN Meat News Olymel N.PAG N.PAG 1 02/07/23 20230202 NES 230202 Olymel is closing two pork-processing factories in Canada as part of its "reorganisation plan" from 2021. [Extracted from the article]

U.S. Meat Export Federation President and CEO Dan Halstrom says the drop in pork exports is driven in part by African swine fever, but came on strong late in the year and the industry is well positioned for growth in 2023. U.S. pork exports will fall short of the huge records set in 2020 and 2021, while beef exports will set a record in 2022, likely approaching $12 billion. [Extracted from the article]

USMEF President and CEO Dan Halstrom noted that the October pork results were bolstered by outstanding growth in variety meat exports, which set a new value record at $126.2 million. October exports of U.S. pork were the largest in more than a year, and beef export volume also increased from a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). [Extracted from the article]

In a brief market notice today (2 December), JBS said TriOak Foods would "ensure access to a consistent supply of premium pork" through its Iowa and Illinois-based factories. Keywords: Meat; Deal News; News; Food M&A; JBS EN Meat Deal News News Food M&A JBS N.PAG N.PAG 1 12/07/22 20221202 NES 221202 Brazilian meat giant JBS has acquired "certain assets" from US-based pork supplier TriOak Foods, strengthening its control over the supply chain. [Extracted from the article]

Gov. Ricketts promotes Nebraska beef, pork, ethanol and more in Japan Japan is Nebraska's largest market for pork and 2 SP nd sp largest for beef, the latter of which has seen annual sales to Japan rise by $215 million, an 88% increase since 2015. This week, Nebraska Gov. Pete Ricketts is leading a trade mission to Japan to promote the state's quality agricultural products and to pitch Nebraska as a top destination for international investment. [Extracted from the article]

Keywords: Meat; Refrigerated; Company News; Homepage; News; Olymel EN Meat Refrigerated Company News Homepage News Olymel N.PAG N.PAG 1 11/22/22 20221118 NES 221118 Olymel is closing a pork factory in Canada citing the "unfavourable economic" climate. Yanick Gervais, the president and CEO of the pork and poultry processor, had previously outlined the economic difficulties but has now highlighted falling pork volumes. [Extracted from the article]

September beef exports were below last year for the first time in 2022, but exports remain on a record pace through the first three quarters of the year. U.S. pork exports topped year-ago totals for the second consecutive month in September, according to data released by USDA and compiled by the U.S. Meat Export Federation. [Extracted from the article]

FAS said China production will be stagnant as growth in white feather production will offset a decline in yellow feather production. Global pork and chicken production is forecast to rise next year while beef production is expected to be lower. According to the report, global beef production is forecast fractionally lower in 2023 as falling North America and EU production is expected to offset gains in Brazil, China, and Australia. [Extracted from the article]

Keywords: Meat; Refrigerated; Company News; Homepage; News; Olymel EN Meat Refrigerated Company News Homepage News Olymel N.PAG N.PAG 1 10/25/22 20221018 NES 221018 Olymel is eliminating 57 management positions in the latest round of job cuts at the Canadian pork and poultry supplier. Olymel, majority-owned by Canadian co-op Sollio Cooperative Group, operates 35 production and distribution facilities employing more than 14,000 workers, according to its website. [Extracted from the article]

August exports of U.S. pork topped year-ago totals for the first time in 2022, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). B Pork exports led by growth in Mexico, Korea b Pork exports reached 226,293 metric tons (mt) in August, up slightly from a year ago and the largest since November 2021, while export value climbed 4% to $659.6 million. [Extracted from the article]

In 2023, U.S. consumers can anticipate greater availability of pork, broiler meat, and turkey, but less beef, according to the latest USDA "Livestock, Dairy and Poultry Outlook" report. Regarding consumption, USDA projects total poultry disappearance to be 115.3 pounds per capita, up 1.2% in the 11th consecutive year of record broiler production and following the recovery of turkey production from the impact of avian influenza. [Extracted from the article]

Keywords: Meat; Company News; News; Emerging markets; Tyson Foods EN Meat Company News News Emerging markets Tyson Foods N.PAG N.PAG 1 09/06/22 20220831 NES 220831 A Tyson Foods pork plant in Indiana has been suspended from exporting into China. China's customs department suspended shipments from Arkansas-headquartered Tyson Foods' facility in Logansport on Monday (29 August), according to I Bloomberg i , which said the suspension was related to pig trotters "failing inspection". [Extracted from the article]