Minerva SA Completes Acquisition of Two Australian Plants

Brazilian meat processor Minerva SA has confirmed it has completed the acquisition of two meatpacking units in Australia.

The two plants, which specialise in sheep meat, Shark Lake and Great Eastern Abattoir, are both located in the west coast of Australia, and expected to start slaughter operations in December.

The investments were made through a Joint Venture ("JV") between Minerva Foods and SALIC in which Minerva Foods holds a 65% interest in the JV and SALIC the remaining 35%. When fully operating, the plants’ slaughter capacity may reach 1 million head/year...

Canadian Plant-Based Meat, Seafood Producer Launches Products in Australia, New Zealand

Plant-based food company Modern Meat, based in Vancouver announced it has finalized an agreement with Viveri Pty to produce and distribute its portfolio of meat and seafood alternatives through Viveri's distribution network located in Australia.

Modern Meat said Viveri will market and sell the plant-based options to retailers across all channels including supermarkets, natural grocers, independents and e-commerce.

"It's an exciting time for Modern Meat as we take our wholesome plant-based products to a growing market overseas, stated Tara Haddad, Founder of Modern...

Impossible Foods Accelerates International Expansion with Launches in Australia and New Zealand

California-based Impossible Foods has arrived in Australia and New Zealand, marking the company’s third and fourth international market launches in 14 months. Impossible Foods’ flagship product, Impossible™ Beef Made From Plants (known as Impossible™ Burger in other markets), is now available on the menus of top chefs in Auckland, New Zealand, the greater Sydney area, and nationwide across Australia at Grill’d — Australia’s leading national burger brand.

Earlier this year, Australia and New Zealand's regulatory body, Food Standards Australia New Zealand (FSANZ), approved Impossible Foods’...

PODCAST: Seeing Green: High Imported Beef Prices, Cyber Attacks, and More

This week on Market Digest, Host Laura Zinger and CEO Joe Muldowney talk high prices for imported beef, Australia emerging from their drought, China searching for product, cyber attacks, supply chain issues, return to live events, and much more.

JBS USA Recalls Imported Boneless Beef Products Due to Possible E. coli O157:H7 Contamination

JBS USA Food Company, a Greeley, Colo. firm and Importer of Record, is recalling approximately 4,860 pounds of imported boneless beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced.

The raw, frozen, boneless beef products were imported on or around Nov. 10, 2020 and distributed for further processing. The following products are subject to recall...

Australian Beef Seasonal Outlook: Green Grass and Empty Pens

With breeding cattle inventory recovering from the lowest levels in over 30 years, there’s a unique opportunity to assess and then act on the future for the Australian beef industry. A number of challenges currently confront the Australian beef industry, including high cattle prices, low supplies, and China trade access. Australia’s position in the global protein world needs to be considered in rebuilding the herd.

Is Australia to be a supplier to high-quality niche markets, commodity supplier (of lean beef) to global trade, exporter of live cattle, or exporter of value-added beef to trade markets? “Any or all of these options may apply, but choosing one sets a path for the future. Decisions taken this year are not just about...

Challenges Facing Foodservice Industry in 2020 Spurred Significant Growth in Off-Premises Services

The COVID-19 pandemic shook the world in 2020, leading to one of the steepest declines the global foodservice industry has experienced in recent history, according to global information company The NPD Group.

The pandemic interrupted years of growth in foodservice, causing a 20% drop in global sales and a 21% decline in total visits in 2020, to 958 billion euros ($1.157 trillion USD).

While mandated lockdowns restricted dine-in options, consumer demand for restaurant food was not abated, leading to unprecedented growth in...

Beef Quarterly Q1 2021: New Drivers in Cattle Innovation

Increasing awareness of the need to improve environmental and social outcomes, together with a growing appetite from investors in animal protein, are creating new opportunities and growth in cattle innovation.

“We believe that research and innovation in the beef industry will continue to evolve but we are currently enabled by two main catalysts that will stimulate this further. Firstly, new investors in the space and secondly, the sustainability drive that not only seeks production improvements but also creates...

Urner Barry Expands Lamb Price Coverage with New Imported Market Report

Urner Barry, the leading provider of protein market news and information in the food industry, is pleased to announce the expansion of price intelligence in the lamb market with a new imported lamb category.

Adding to the existing series of timely, accurate and unbiased reporting on domestic lamb prices, Urner Barry will now offer coverage of lamb imported from Australia/New Zealand. This initiative provides transparency and insight into international trade flows that have the potential to impact market dynamics in the United States...