The global poultry industry is entering a period of enhanced market conditions as China’s historic production slump brings a welcome buoyancy to a string of poultry exporters.
A chicken hatchery tasked to produce 12 million birds has been created in Burma by a joint venture of animal feed and poultry breeding companies from the Netherlands and Belgium.
A respected brokerage is betting Chinese companies with access to overseas beef supply will make strong profits by importing and selling the red meat this year.
The Pakistan government has reduced custom duty on machinery imports used in the livestock and meat industry from 5% to 2% to encourage investment in the meat industry.
Hong Kong has suspended live poultry imports to control the spread of a serious bird flu outbreak after samples from Tuen Mun tested positive for the H7N9 strain.
Pakistan’s largest conglomerate, the Fauji Group, has launched the country’s biggest halal abattoir, meat processing and exporting unit near Port Qasim, Karachi.
One of Australia’s largest livestock exporters, Wellard, has added a purpose-built ship that can carry 20,000 cows to its fleet of “floating farm livestock carriers”.
The Philippine government has approved the disposal of 171 containers of pork that were abandoned at the Bureau of Customs at Manila International Container Port (MICP).
With demand for quality and safe meat products consistently increasing within mainland China, a major industry conference in Shanghai has heard how purchases of processing machinery are also on the rise.
China’s Shandong Delisi Food will invest CNY300m ($46m) with Australia’s Yolarno Pty to develop a meat processing site in a deal both parties feel is a “win-win” scenario.
