Australia’s Livestock Traceability System Receives $22.5 Million Boost
In a move to enhance Australia’s livestock traceability system, the Federal Government has granted $22.5 million to the Integrity Systems Company. This funding aims to bolster the National Livestock Identification System (NLIS) database and its associated mechanisms. The grant, announced in the recent October Budget, is set to modernise the country’s system for capturing, storing, […]
Government Awaits Request for Rural Banking Inquiry
Agriculture Minister Damien O’Connor recently stated that the government refrained from initiating an inquiry into rural banking due to the absence of a formal request from the sector. Addressing the Rural Issues Debate in Hamilton, O’Connor expressed his support for Federated Farmers’ proposition that the succeeding government should commission an independent investigation into rural banking. […]
Federated Farmers Advocate for Independent Examination of Rural Banking
Federated Farmers have voiced their concerns regarding the current state of rural banking and are urging the forthcoming Government to initiate an independent investigation into the matter. Richard McIntyre, the spokesperson for Federated Farmers on Domestic Commerce and Competition, highlighted the challenges farmers face, such as escalating costs, adverse weather conditions, and diminishing payouts. He […]
Optimistic Outlook for US Chicken Exports Following Consistent Performance
WASHINGTON — The US Department of Agriculture’s Foreign Agricultural Service (FAS) recently provided an update on the US poultry industry and exports in recognition of National Chicken Month. The United States stands as the second-largest global exporter of chicken, having shipped frozen chicken leg quarters, legs, and thighs to over 145 nations in 2022. These […]
New Zealand’s Red Meat Sector Urges Future Government to Prioritize Agriculture in Economic Strategy
WELLINGTON — As New Zealand charts its economic future, leaders in its red meat sector are urging the forthcoming government to place agriculture, particularly beef and lamb production, at the forefront of the nation’s economic blueprint. A newly released document titled “Putting Meat on the Bone,” jointly presented by the Meat Industry Association and Beef […]
Genetics and Vaccination: The Future of Quality Beef Production
MANSFIELD — On a recent Wednesday at the Mansfield Football Club rooms, the future of beef production took center stage. Over 80 local Angus beef producers attended an in-depth workshop led by veterinarian Dr. Anna Manning, where the primary focus lay on leveraging genetics and maintaining robust vaccination protocols to optimize beef cattle herds. Spearheaded […]
New Zealand Dairy and Meat Exports Face Sharp Declines Amid Global Economic Slump and Diminished Chinese Demand
Wellington, New Zealand — According to the latest ANZ Agri Focus report, the global economic downturn, coupled with decreased demand from China, is causing an alarming drop in New Zealand’s dairy and meat prices. Who will be impacted? New Zealand dairy and meat farmers. The ANZ Agri Focus report reveals a swift drop in farmgate […]
Meat Processing Equipment Market Set to Surge, Reaching $19.6 Billion by 2031
The global landscape of meat processing equipment is undergoing a significant transformation. Valued at $12.3 billion in 2021, the market is projected to soar to an impressive $19.6 billion by 2031, marking a steady growth at a compound annual growth rate (CAGR) of 4.7% over the decade. Meat, a staple in many diets, is consumed […]
Minerva Acquires 16 Meat Processing Facilities from Marfrig in $1.54 Billion Deal
SÃO PAULO — In a significant consolidation within Brazil’s meat industry, Minerva Foods, a leading beef producer, has acquired 16 beef and lamb processing facilities from its competitor, Marfrig, for $1.54 billion (approximately A$2.4 billion). The acquisition involves a mix of operational and dormant facilities located across Brazil, Argentina, Chile, and Uruguay. Most of these […]
