Arquivos de Categoria: blog

FISH PRODUCTION EXPECTED TO INCREASE 32.8% BY 2030 IN LATIN AMERICA

Between October 24 and 26, the Seafood Show Latin America 2023 will take place, an event designed to strengthen and promote the fish market in Brazil. Organized by Francal Feiras, the country’s largest national business event promoter, the show aims to bring innovations to a sector that grows year by year. According to data from […]

BRAZILIAN BEEF INDUSTRY NEARLY MATCH RECORD EXPORTS IN 2023

Brazilian Beef Industry nearly Match record exports in 2023 From January to October 2023, Secex data indicates that Brazil has already shipped over 1.6 million tonnes of fresh beef, down only 5% from the same period in 2022 when external sales reached record levels. According to researchers at Cepea, as 2023 progresses towards its end, […]

BRAZILIAN CHICKEN MEAT INDUSTRY SOAR WITH 6.5% EXPORT GROWTH

BRAZILIAN CHICKEN MEAT INDUSTRY SOAR WITH 6.5% EXPORT GROWTH Recent data from the Brazilian Association of Animal Protein (ABPA) reveals that Brazilian chicken meat industry exports, including both fresh and processed products, totaled 3.905 million tons between January and September of this year. This figure represents a 6.5% increase compared to the 3.666 million tons […]

In Major Salmon Case, Big Payout Agreed by Firms – Frozen Fish

Salmon Farming Companies Settle Price-Fixing Lawsuit for Over $5 Million – Frozen Fish In a significant development, seven salmon farming companies have decided to settle a lawsuit. This lawsuit accused them of working together to fix salmon prices worldwide. The firms, including Newfoundland and Labrador’s Mowi and Grieg, will pay more than $5 million. Frozen Fish […]

US Govt vs. Poultry Industry: Cracking Down on Unfair Practices

US Antitrust Rules Change Chicken Farming Recently, the government’s legal steps have made big changes in chicken farming. For a long time, chicken companies paid farmers in a way that often wasn’t fair. Farmers couldn’t control much about their pay. But now, new agreements are changing this system. The Biden government’s strong actions against unfair […]

Top 10 Largest Meat Exporting Country Volumes

Top 10 Meat Exporting Countries 2023 1. Brazil (Brazilian Beef, Brazilian Chicken, Brazilian Pork) Brazil is consistently the largest meat exporter globally, known for its extensive production of beef, poultry, and pork. In 2022, Brazil exported approximately 7.5 million metric tons of meat, including: Beef: 2.5 million metric tons Poultry: 4.2 million metric tons Pork: […]

Top 10 Canadian Turkey Meat Companies & Industry Analysis

Canadian Turkey Meat Industry Report Overview The Canadian turkey meat industry represents a vital part of Canada’s agricultural sector and plays a significant role in the country’s economy. This industry is characterized by its production, processing, and distribution of turkey products, encompassing a wide range of economic activities from farming to retail. Industry Structure Farming […]

Container shipping profits plunge & job cuts

Container Shipping Industry Faces Turbulence as Profits Plunge and Job Cuts Loom In the world of container shipping, where just a short while ago profits were soaring to unprecedented heights, a stark reversal of fortune is now underway. The industry that once commanded record-high freight rates and efficient deliveries during the past two years has […]

Plummeting Pork Prices Pose Deflation Threat to China

Pork Price Plunge Threatens China with Deflation Crisis Falling pork prices could potentially push China back into a deflationary situation in the near future. This is because major hog farming companies in the country are flooding the domestic market with their products, complicating Beijing’s efforts to boost confidence in the second-largest economy globally. Live hog […]

Container shipping rates crash 90%

Container Shipping Rates Plummet as Consumer Demand Declines Container shipping rates have witnessed a substantial decline due to a drop in consumer demand for goods, particularly within the ocean freight industry. This decline has presented challenges for ship operators, as current rates render voyages unprofitable. According to a recent report from The Wall Street Journal […]

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