This achievement is closely tied to the improved trade relationship with China, following the removal of suspensions on Australian meat processing establishments, which has significantly boosted exports to the region Australia’s red meat exports are projected to reach record levels in 2024–25, according to the latest data from the Australian[Read More…]
Food
Saudi’s Tanmiah acquires new primary production facility
The new primary processing plant is expected to commence production in early 2025 Saudi Arabia’s Tanmiah Food Company announced that its subsidiary, Agricultural Development Company (ADC) has entered into a contract to acquire a new state-of-the-art primary processing facility, a significant milestone in its strategic expansion efforts, for a total[Read More…]
EBRD supports expansion of Mongolia’s APU Dairy
As part of the project, APU Dairy will work to improve the climate change resilience of more than 1,700 local farmers who are supplying raw milk to the company The European Bank for Reconstruction and Development (EBRD) is supporting the development of Mongolia’s agribusiness sector, which employs almost one-third of the[Read More…]
Strict biosecurity measures in place on chicken farm in New Zealand
There had been no reports of other ill or dead birds on other poultry farms, and there were no human health or food safety concerns Biosecurity New Zealand has placed strict movement controls on a commercial rural Otago egg farm, after testing confirmed a high pathogenic strain of avian influenza in[Read More…]
FAO report offers guidance and data on integrating nutrition goals into food trade policies
The State of Agricultural Commodity Markets 2024 looks at global trade flows of nutrients and possible obesity drivers A new report from the Food and Agriculture Organization of the United Nations (FAO) shows that international trade in food and agricultural products has thrived in recent decades and significantly contributes to[Read More…]
ADB, APU Dairy sign $20 Mn loan to strengthen Mongolia’s dairy sector
The project will boost Mongolia’s dairy supply and strengthen its food security through domestic milk sourcing and domestic processing of dairy products The Asian Development Bank (ADB) and APU Dairy LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders by integrating them into the[Read More…]
Silal signs Musataha agreement with KEZAD to launch innovative AgTech projects
To establish two cutting-edge AgTech initiatives in Al Ain Industrial City focused on sustainable farming and local food production Silal, Abu Dhabi’s leading agri-food and technology company, has signed a Musataha agreement with KEZAD Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic[Read More…]
Americana and Farm Frites to expand MENA footprint with $100Mn investment
The $100 million investment is a strategic step aligned with the Saudi Vision 2030 plans to diversify the Kingdom’s economy The Agricultural Growth and Processing Company, a subsidiary of Americana Holding for Food Ltd, is set to expand its business operation with a significant $100 million investment (SAR 375 million) in a Greenfield Frozen[Read More…]
JBS and Nigeria sign agreement to invest in food security
A $2.5 billion 5-year investment plan includes the construction of 6 factories and collaboration with the Nigerian government to promote local production JBS, one of the largest food companies in the world, signed a memorandum of understanding with the Nigerian government to invest in the development of sustainable production chains[Read More…]
UAE’s Silal and Shouguang Vegetable announce strategic partnership
The partnership aims to foster innovation, boost production efficiency, and enhance the UAE’s agricultural product supply capacity Silal, Abu Dhabi’s leading agri-food and technology company, has partnered with Shouguang Vegetable Industry Group, a prominent Chinese enterprise specialising in vegetable seed breeding and counter-seasonal vegetable production. The partnership aims to foster[Read More…]