Financials & Economy
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Malawi milk producers decry low prices of milk, rising milk powder imports
MALAWI – The Malawi Milk Producers Association has criticized the low prices of milk in the country and the rising imports of milk powder, blaming…
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Poultry supplier Avara Foods to close Abergavenny Facility amid rising cost, reduced demand
UK – Avara Foods, one of the largest food businesses in the UK has announced plans to close its factory in Abergavenny, South Wales, blaming…
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Kenya fish prices set to increase by 50% in case parliament approves proposal to introduce excise duty
KENYA –Kenya Association of Fish Importers, processors, and Exporters has revealed that fish prices in the country are set to increase by 50% if Parliament…
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Fonterra reduces farmgate milk prices due to decline in demand
NEW ZEALAND – New Zealand-based global dairy nutrition cooperative, Fonterra, has narrowed down its farmgate milk price range to NZ$8.10-$8.30 kgMS from NZ$8.00-$8.60 kgMS with a midpoint…
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Astral Foods projects half-year profit crash
SOUTH AFRICA – South Africa’s largest poultry processor has projected a slide in profits in the half-year company earnings and warned that the country is…