Meat, Poultry & Fish
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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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Steep drop in seafood, other food prices offsets modest inflation rise in Oman
Inflation in Oman climbed by 0.56% in March, but masked falling food costs, including a steep drop in fish, seafood, and vegetables.
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AfDB to issue US$32M credit guarantee to support Zambeef expansion
The funding aims to boost Zambeef’s output capacity and enhance regional food supply chains. The project is expected to create thousands of jobs and benefit small-scale farmers in Zambia and beyond.