China-based eateries are replacing US beef with Australian alternatives amid ongoing trade tensions. Canadian pork is also being used to fill supply gaps in American-style dishes
CPF will buy the remaining 23.8% stake from Itochu to take complete control of its agri-food unit. Itochu expects nearly US$888 million impact on FY2026 profits from the transaction.
Over 30 million laying hens have been lost across nine US states this year. Ohio accounts for nearly half of all bird flu-related depopulations
Two Russian companies have already been cleared for exports as the Southeast Asian country diversifies its meat sources.
The new breeding facility is to produce 100 million hatching eggs annually. The construction is set to begin in 2025 and conclude in phases by 2029.