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The Australian supermarket chain will end its supply contract with JBS Foods’ Longford abattoir after freight expenses across Bass Strait eroded category margins.
The Australian beef industry has recently experienced a surge in exports to China, taking market share formerly held by the US. This shift has transpired in the wake of US President Donald Trump’s return to the White House and the ensuing trade tensions…
In a bold move destined to shake up the meat market, JD Super, the supermarket division of JD.com, has inked a significant procurement agreement valued at $69.7 million (RMB500 million) with three leading Australian beef suppliers: Coles, Bindaree Food Group,…
Some online stores are selling what they claim to be Kobe beef, the premium Japanese variety that usually costs VND6-15 million (US$242-605) per kilogram for a mere VND280,000 ($11). Le Thu, a seller in Hanoi, said she had imported two shipments of the meat…
Beef and buffalo meat imported from India are being sold for VND60,000-100,000 (US$2.47-4) per kilogram on some online marketplaces in Vietnam, half the price of local beef. According to data from the General Department of Vietnam Customs, Vietnam imports…
Despite a global trend of production decline, beef production in the southern hemisphere – including Australia – is on the rise, reports Rabobank in the Global Quarterly Beef Q4 2023. However, increases in Australia and Brazil have yet to offset the…
As more consumers seek healthier options, Snackinar, a new brand in the Australian beef industry, has launched a range of ready-to-eat meat snacks called Beef Strips. An alternative to beef jerky, the ready-to-eat meat snacks use only natural seasonings like…
Beef prices are reaching record levels in some international markets with localized disruptions – including droughts and increased consumer demand in some countries – exerting a “dramatic impact” on global trade, according to Rabobank. In its Q2 Beef…
Vietnamese businesses are racing to raise upmarket Japanese cattle at home to produce cheaper Wagyu beef. Beef from cattle raised in Vietnam is 2-4 times cheaper than imported ones. Two years ago, Huy Long An Limited Company in the southern province of Long…
Vietnam will consider importing beef from Brazil again if food safety conditions are ensured, Deputy Prime Minister Vuong Dinh Hue has said. At the recent Vietnam-Brazil Trade and Investment Forum attended by around 100 enterprises in Sao Paulo, Brazil, he…
Within two months, the number of suppliers and products trading through new Thailand online marketplace Passion Delivery has doubled. Directly connecting customers with local producers and importers of artisanal food and drink products, cookware and healthy…
1.9 million pounds (861,825 kilograms) of Brazilian beef products were refused entry to the U.S. The United States announced Thursday a halt to all imports of fresh beef from Brazil, the world’s second-largest producer, citing “recurring” food safety…
David Yeung believes that meat is the new tobacco. But the long-time vegetarian and practicing Buddhist won’t try to get you to stop eating meat. He just wants you to consider eating less. That’s what he’s trying to do with the citizens of Hong Kong, who…
Some of China’s largest food suppliers have pulled Brazilian beef and poultry from their shelves in the first concrete sign that a deepening scandal over Brazil’s meat processing industry is hitting business in its top export market. The moves by Sun Art…
On the heels of two Costco stores in South Korea beginning the transition to sourcing chilled beef from US sources, with the remaining 11 to make a similar shift from Australian beef to US imports, officials from the Iowa Beef Industry Council (IBIC) were…
Working to displace competitors of US beef in the growing South Korean retail sector, USMEF used social media and a celebrity chef to showcase US beef ribeye, striploin and chuck flap tail during a “grocerant” promotion. The event was held at PK Market, a…
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