New Zealand says it will stop the export of livestock by sea following a transition period of up to two years, citing animal welfare concerns, which will affect major trading partners including Australia and China.
China imported 1.02 million metric tons of meat in March, customs data showed on Tuesday, the highest monthly volume since at least January 2020, as the world’s biggest meat buyer stocked up to fill shortages at home.
Argentina said on Monday it had suspended 15 meat exporters for dodging industry regulations, derailing at least 40 tonnes of shipments from one of the world’s best-known beef producers.
USTR Katherine Tai on Monday told the European Union’s competition commissioner, Margrethe Vestager, that she has a “strong desire to develop a more positive and productive” trade relationship with the EU.
U.S. meat and poultry processor Tyson Foods Inc was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about its ability to combat the spread of the coronavirus in its facilities.
Impossible Foods said it would cut the prices of its faux meat patties by 20% at U.S. grocery stores as it ramps up production with a larger plan to eventually undercut ground beef prices.
A U.S. congressional panel is investigating three large meatpacking companies for possible worker-safety violations following reports that hundreds of industry workers have died of COVID-19.
PepsiCo Inc and Beyond Meat Inc said on Tuesday they would form a joint venture to develop and sell snacks and beverages made from plant-based protein.
Impossible Foods Inc, maker of the plant-based Impossible Burger, said it would cut prices for foodservice distributors in the United States by about 15% amid increasing demand for its burgers.
Tyson Foods Inc said on Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19.
