Page 94 - Uminants News Today

More than 1,800 government and industry officials and experts from around 30 nations gathered in South Korea to explore ways for eco-friendly livestock farming amid the global push to achieve net-zero goals, the countrys agriculture ministry said on August 25.

Industries in the Philippines, that are dependent on animal feed, have called on the government to raise its budget allocation for raising corn output, arguing that corn scarcity will have a follow-on effect on meat, fish and poultry prices.

Iceland Seafood International (ISI) reported a 14% uptick in sales in the first half of 2022, but that wasnt enough to overcome higher operating costs, as the Reykjavik, Iceland-headquartered seafood company posted a normalised loss before tax of €1.8 million (US$1.8 million) in H1 2022.

Alexander Nanta Linggi, Malaysias Domestic Trade and Consumer Affairs Minister, said the government will maintain the current chicken ceiling price of MYR 9.40 (~US$2.10; MYR 1 = US$0.22) per kg, Malaysia Now reported.

Thai integrated food producer Betagro is said to be planning a ฿20 billion (US$554 million) initial public offering, which could be Thailand’s second largest public listing this year, Bloomberg reported on August 23.

Northern Irelands pig farming industry is under severe threat due to the cost of living crisis, according to sector leaders.

Sarawak, Malaysia, must be part of a regional network keeping tabs on aquaculture diseases in order to protect the local industry, said the Premier of Sarawak, Datuk Patinggi Tan Sri Abang Johari Tun Openg.

Rabobanks latest beef report for the third quarter noted that the global beef market remains strong, with most beef retail prices trending upward in the previous quarter.

Irish prime minister Michael Martin must make it clear to farmers where the government stands on the Mercosur trade agreement, one farm organisation said.

Brazils CONAB anticipated that the countrys 2022/23 grain and oilseed harvest would reach 308 million tonnes, due to positive performance and strong international demand for corn, soybean, rice, beans and cotton.