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Meat Poultry & Fish – WORLD NEWS
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Tyson Foods struggles with beef losses as rising prices push consumers to cheaper meats
The meat processor has reported a lower-than-expected revenue for the quarter. Despite stronger chicken sales, Tyson maintains its full-year earnings projection.
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HKFoods warns of ongoing beef supply pressure in Finland
The meat company says the cattle shortage is set to persist; recent industrial action is expected to increase operational expenses
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Joyvio Group to offload salmon subsidiary Australis to Internal Unit
Joyvio Food is offloading salmon producer Australis for a symbolic fee amid rising losses. The move aimed at stabilizing financial structure and avoiding delisting risk.
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Premium Food Group to shut down its ham production facility in Ahlen, Germany
The meat processor Premium Food Group has began the process of winding down its Ahlen site in Germany. Majority of the 210 employees to be offered transfers to the Rheda-Wiedenbrück plant.
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JBS to invest US$37.8M in Seara facilities across Brazil
Four sites in Santa Catarina to receive upgrades; 278 new jobs expected.