Major chicken company warns of 15% inflation as feed prices soar
Food security is set to crumble in light of potential hyper-inflation caused by the ongoing war in Ukraine, according to the boss of the UK’s largest poultry manufacturing company. Major chicken company warns of 15% inflation as feed prices soar - Poultry...
read moreRussia destroys Ukraine’s poultry industry
kraine’s largest egg producer, Avangard, said that the Russian aggression caused significant losses in production capacity, with several key egg farms shut down and destroyed, while at some operational farms the birds were left without feed and “condemned to death”....
read moreWhy South Africa can’t create new jobs: government
Low business confidence is the single most important barrier to investment in South Africa, which has directly led to low employment growth, says the Department of Planning, Monitoring and Evaluation (DPME). In a presentation to parliament this week, the department...
read moreNo need to panic, SA has enough food amid Russia-Ukraine crisis – Thoko Didiza
Amid the Russia-Ukraine crisis, Agriculture, Land Reform and Rural Development Minister Thoko Didiza has released a statement citing that she has met with food processors and leaders in the food and grain industry to discuss the availability of food supplies in the...
read moreMajor concern over China’s largest pork producer safety standards
Chinese pork processing giant Henan Shuanghui apologised over food safety issues reported at one of its plants, according to a statement published on its website. Nanchang Shuanghui Food Co. Ltd, a unit of Henan Shuanghui Investment & Development Co 000895.SZ, said...
read moreWhat the Ukraine crisis means for the global economy
The conflict between Russia and Ukraine will affect the global economy via three main channels: financial sanctions, commodities prices and supply-chain disruptions. The article presents forecasts for each of these areas and summarises the latest views on the impact...
read moreRussia-Ukraine: Agri SA sounds warning, says SA’s food prices will soar if govt does not act
The Ukraine-Russia conflict could affect fuel and food prices, unless government acts now. SA's food prices will soar if govt does not act, warns Agri SA (citizen.co.za) ...
read moreVladimir Putin gone rogue raises the risk of World War 3
Russia’s invasion of Ukraine on February 24 was the beginning of a third world war that has the potential to destroy our civilisation. The invasion was preceded by a long meeting between Russian President Vladimir Putin and Chinese President Xi Jinping on 4 February –...
read moreFrance ups the ante on meat origin rules
While the origin of beef has always been mandatory, this new law insists that the origin of poultry, mutton or pork is required on all restaurant “cartes,” or menus. “It will allow consumers to finally have access to the origin of all the meats purchased raw by...
read moreHow much red meat does Russia & Ukraine import?
Neither Russia or Ukraine trade red meat directly with the UK, but they do have mutual trade partners for beef and pork. Any impacts from the conflict are therefore likely to be indirect and probably only minimal. Let’s look at the trade figures in more detail. How...
read moreA review of Australia’s red meat exports during 2021
Global trade remained challenging for global exports in 2021 as the COVID-19 pandemic continued to create supply chain and logistical issues. Lower production also compounded the impact on Australian exports as herd rebuilding continued. However, increased prices...
read moreChina pork imports fall 33%
China's meat imports in the first two months of the year fell sharply from the same period a year earlier, customs data showed on Monday, as a jump in domestic supplies curbed appetite for international shipments, reported Reuters. China pork imports fall 33%...
read more