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Malayan Flour Mills Bhd (MFM) intends to invest at least RM135 million (US$) in capital expenditure (capex) on its poultry integration-based joint venture, Dindings Tyson Sdn Bhd (DTSB), this year.
Indonesia is developing a blood serum which can provide temporary immunity among pigs against African swine fever (ASF) after containing an outbreak of the disease in the country's biggest pig farm.
The state government of Western Australia has made the decision to cancel its AUD 10 million (~US$6.6 million; AUD 1 = US$0.66) yellowtail kingfish nursery project in Geraldton, citing a lack of commitment from Huon Aquaculture, SeafoodSource reported.
Hungarian beef producers said exports to China have reached unprecedented levels, doubling annually since China opened its doors to Hungarian red meat in 2016, CGTN reported.
Australia's beef sector is set for a return to "more normal" market conditions in the season ahead after a recent extraordinary period marked by record prices levels and volatility, according to Rabobank's Australian Beef Seasonal Outlook 2023.