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Morning round-up, Monday July 08

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* 2 Sisters Food Group has confirmed that it will be shutting down its poultry processing plant in Witham, Essex.

 

The company, which announced in May that it was investigating the future of the site, will reportedly cease operations at the facility by the end of August.


According to the BBC, 528 people are currently employed at the site.

 

The closure will result in over 400 job losses and 100 employees being redeployed within the company.

 

 

 

* French chicken firm, LDC has acquired Belgian poultry importer and distributor, Kiplama Corporation for an undisclosed amount.

 

The announcement was made along with the group’s quarterly results on Friday.


According to a company statement, LDC and Kiplama already have a working relationship, with the French firm supplying 40% of the products handled by the distributor.

 

 

 

* India’s finance minister announced on Friday that the country would be imposing a 7.5% import duty on palm stearin, the solid fat derived from the fruit.

 

The government is hoping that the move will help drive the local refining industry.


Palm stearin with a free fatty acid content of 20% or more being used to produce oleochemicals and soaps is exempt from the new import duty.

 

 

 

* China’s Ministry of Agriculture and Rural Affairs reported an outbreak of African swine fever in the country’s Guangxi region on Friday.

 

It said that the latest case happened in Luchuan county killing nine pigs on a farm.


According to Reuters, China has reported 143 outbreaks of the deadly swine disease since it was first reported in August.

 

 

 

* Agritel, a French crop consultancy, on Friday estimated that Ukraine’s wheat output for this year could reach 28.8m tonnes.

 

That constitutes a 16.9% jump in production compared to last year.

 

The agency said that the increase was down to the favourable growing weather that is expected in the country.

 

Agritel’s forecast was almost 12% higher than the average wheat output for the past five years.

 

 

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