Australia’s largest livestock shipping business, Wellard, expects its full-year profits to be in line with company estimates, despite a double ship breakdown which cost the business AU$7.7 million in repair fees alone.
One of China’s biggest producers of packaged halal meat products is bringing meat factory jobs to one of the country’s poorest regions in a deal with local government that includes cattle farms and processing plants.
Poultry meat importers risk “polluting their supply chains” by relying on Thai producers that abuse workers’ rights and must press them to uphold the law, according to a prominent migrant rights activist.
Chinese news agency Xinhua revealed that Beijing has released 3.05 million kilograms (kg) from its frozen pork reserves into the market in an effort to ease pork supply pressure and contain a price surge.
One of China’s most ambitious cattle breeders and genetics companies, Xinjiang Tianshan Animal Husbandry Bio-engineering Co, has blamed a fall in beef and mutton prices for what it predicts is a $2m loss in the first quarter of 2016.