(Flamingo.ca)

Olymel plugs over $52M into poultry processing

The meat packing and processing arm of Quebec’s biggest agrifood co-operative has earmarked over $52 million for poultry plant upgrades and construction in Ontario and Quebec. La Coop federee’s Olymel division in the past week has announced over $30 million for plant upgrades and the purchase of a second facility at Brampton, Ont., $14 million […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Alberta back in national chicken quota arrangement

A new federal-provincial agreement for allocating broiler chicken quota will formally include Alberta Chicken Producers for the first time since 2013. Chicken Farmers of Canada announced Thursday it has a new federal-provincial agreement (FPA) in hand, including a new quota allocation methodology. The new deal was concluded Tuesday, CFC said, when the Farm Products Council […] Read more






Expansion-minded Jollibee opened its first-ever Canadian outlet in Winnipeg at the end of 2016. (Dave Bedard photo)

Philippines’ Jollibee eyes deals to grow

Manila/Singapore | Reuters — Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp. into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth. Dominant at home, where Jollibee has 1,000 eponymous stores welcoming diners with its smiling […] Read more






(JBSS.infoinvest.com.br)

JBS still seeks U.S. unit IPO

Sao Paulo | Reuters — JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world’s No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, CEO Wesley […] Read more