Beef

Tyson Foods Raises Revenue Forecast, Driven By Strong Beef Demand

Tyson Foods Inc has raised its forecast for fiscal 2021 revenue and reported higher-than-expected quarterly earnings due to strong demand for its beef prod...

Argentina To Limit Beef Exports Until Year End

Argentina's government said it will limit exports of some beef cuts until the end of the year as part of its effort to control domestic food price inflatio...

Marfrig Attempted Deal With Minerva Before Acquiring BRF Stake: Source

Brazilian beef producer Marfrig Global Foods SA tried to acquire control of rival Minerva SA before it announced late last Friday it had bought a...

Beef Consumption Falls To Ten-Year Low In Russia

Beef consumption in Russia fell to 1.94 million tonnes last year, a ten-year low, due to the closure of the HoReCa channel as well as lower incomes among c...

Waitrose Plans New Beef Production Facility At Leckford Estate

Upmarket UK retailer Waitrose & Partners has announced plans to open a new beef production facility at its farm on the Leckford Estate. The new...

CGF Forest Positive Coalition Launches Beef Working Group

The Consumer Goods Forum's (CGF) Forest Positive Coalition has launched a working group focusing on beef, as part of its ongoing efforts to remove def...

Tyson Foods Beats Profit Estimates, Sees Lower COVID-19 Costs In 2021

Tyson Foods beat Wall Street estimates for fourth-quarter profit, but faces rising costs for animal feed and uncertainty over labour as COVID-19 cases surg...

Plant-Based Beef Market Set To Soar As Demand For Meatless Alternatives Grows

The plant-based beef market is set to grow at a CAGR of 22.7% between now and the end of the decade, a new study by Future Market Insights (FMI) has found....