Latest Industry News – Page 187
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Supermarkets enjoy 17 months of consecutive growth
Supermarket sales have increased by 3.1% in value, compared with last year, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 8th October.The figure marks the 17th period of uplift in a row for Britain’s grocers, despite like-for-like inflation remaining at 3.2%.According to ...
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Batista brothers charged with insider trading
Joesley and Wesley Batista, the brothers who control Brazilian meatpacker JBS, have been charged with insider trading and market manipulation by the country’s public prosecutor’s office.The prosecutors have stated that the brothers manipulated JBS’s shares, by trading in foreign currency, avoiding R$138 million in losses and making $100 million, before ...
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ABP Food Group in £22m UK renewable energy investment
ABP Food Group’s renewable division has invested £22 million in a green energy plant, which is expected to produce enough sustainable energy to power the equivalent of 12,000 homes, according to the company.ABP’s renewables division, Olleco, has opened the new 15 MW Anaerobic Digestion facility in Aylesbury, Buckinghamshire, adjacent to ...
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Farm profits may halve after Brexit, suggests AHDB report
AHDB has released a modelling report, titled Brexit scenarios: an impact assessment, which suggests that average farm profitability could drop from £38,000 to £15,000 a year in the worst case scenario as a result of policy and performance challenges that could arise from Brexit.Mapping out a range of possible post-Brexit ...
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2 Sisters boss summoned to give evidence to Commons inquiry
2 Sisters Food Group owner and chief executive, Ranjit Singh Boparan, has been called to give evidence before a parliamentary inquiry, following last month’s allegations of food safety breaches at the company’s West Bromwich plants.Ranjit Singh.The Environment Food and Rural Affairs Committee said that the short inquiry will be held ...
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Jean-Pierre Garnier to step down as AHDB head of livestock exports
AHDB's head of livestock export trade development, Jean-Pierre Garnier, has decided to leave his role, after 13 years with the levy board.Jean-Pierre Garnier.Known to many in the industry as JP, he will leave his position in January, after having played a “key role in helping steer the beef industry through ...
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Bord Bia to invest in opportunities in German food market
Bord Bia has unveiled plans to increase investment in the German food market, as Irish food exports marked a 24% increase in the first half of 2017.Bord Bia chief executive Tara McCarthy.Speaking at Anuga, Bord Bia’s CEO Tara McCarthy outlined the German market’s strategic importance, being Ireland’s sixth largest export ...
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Reaction to UK Sausage Week continues to grow
A myriad of companies have contacted the organisers of UK Sausage Week for posters and artwork to get behind the 2017 campaign, which runs from 30th October to 5th November.The best two sausages in 13 categories covering traditional and innovative types will be recognised during a celebration lunch on 30th ...
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Beef and lamb exports from Scotland exceed £80m
The value of exports of beef and lamb from Scotland has increased to over £80 million in the past year, up by 9% in value, according to the results of the annual exporters’ survey conducted by Quality Meat Scotland (QMS).Speaking at food trade show Anuga, in Cologne, QMS’s chairman, Jim ...
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Lamb promoting campaigns impacting demand
Prime lamb prices have shown signs of firmness over the past week, according to Quality Meat Scotland (QMS), after falling during the previous four weeks, indicating demand in the wholesale market on the back of lamb campaigns.Prices rose by 7p/kg liveweight, taking the average price back in line with prices ...
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HCC awarded £1.5m funding for export development
Cabinet Secretary for Environment and Rural Affairs, Lesley Griffiths AM, announced that Hybu Cig Cymru – Meat Promotion Wales (HCC) is set to be awarded £1.5 million to focus on exports.The announcement, made during the HCC reception at food tradeshow Anuga, in Cologne, noted that the funding has been awarded ...
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NPA reasserts dangers of feeding food waste to pigs
The National Pig Association (NPA) has warned all pig keepers of the potential danger of feeding waste food to pigs.NPA chief executive, Zoe Davies.The warning comes after a comment was openly made by Channel 4’s Great British Bake Off judge, Prue Leith, during an appearance at the Henley Literary Festival ...
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Food Standards Agency expands 2 Sisters investigation
The Food Standards Agency (FSA) and Food Standards Scotland (FSS) have expanded their ongoing investigation into practices at 2 Sisters Food Group to include two additional poultry plants.In a newly released statement, FSS said: “Food Standards Scotland continues to work closely with the Food Standards Agency in relation to the ...
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Tesco CEO discusses supermarket’s response to 2 Sisters allegations
Tesco’s chief executive, Dave Lewis, has stood behind the retailer’s decision to suspend orders from 2 Sisters Food Group’s West Bromwich site following allegations regarding the manufacturer.Dave Lewis.Speaking to an ITV journalist this week, Lewis defended the retailer’s decision to suspend orders from the factory after its rivals, including Marks ...
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Tesco reports sales increase and strong meat performance
Tesco sales rose for the seventh consecutive quarter, by 3.3% to £25.2 billion in the first half of 2017/18, with volumes within its core fresh food business having grown by 1.5%, thanks to continued “strong performance” within its meat categories.Like-for-like sales were also up by 2.1% in the second quarter ...
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The UK Sausage Week Preview is here
The official UK Sausage Week Preview, published by Meat Management magazine, is now available to read, search and share.Included within the October edition of Meat Management magazine, from page 29 to 56, the preview offers an array of information on the UK sausage sector’s trends and recent performance, a selection ...
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Michael Gove indicates changes to live export of animals
Speaking at a Conservative party conference, Environment Secretary Michael Gove recently claimed that leaving the European Union’s single market could mean “restricting the live export of animals”.Michael Gove.Reiterating his position for the UK to deliver a ‘Green Brexit’, Gove highlighted that “outside the European Union’s single market, we can improve ...
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2 Sisters Food Group suspends operations at West Bromwich plant
2 Sisters Food Group has announced it has decided to temporarily suspend operations at its West Bromwich site, following allegations reported by the Guardian and ITV.A 2 Sisters promotional image (Photo is not from ITV/The Guardian’s investigation).Responding to the claims on the Guardian/ITV footage, 2 Sisters Food Group said it ...
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Dawn Meats and Dunbia deal complete
A merger between Dawn Meats and Dunbia has been cleared by regulators, allowing the businesses to establish a joint venture in the UK, comprising the UK operations of both organisations.Pictured (L-R): Jim Dobson and Niall Browne.The combined businesses now trade as Dunbia and are managed by former Dunbia CEO Jim ...
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ABP and Fane Valley cleared to acquire joint control of Linden Foods
The European Commission has cleared the acquisition of joint control over Linden Foods by ABP Food Group and Fane Valley unconditionally, following a broad investigation in the markets where the activities of the companies overlapped.ABP Ellesmere retail processing production. (Photo Credit:©Stonehouse Photographic.)Under the EU Merger Regulation, the Commission has cleared ...