British and New Zealand lamb producers have discussed ending hostilities and joining forces to launch a joint promotion in France, a key lamb market where demand has fallen 6% year-on-year.
Cranswick good buy
Citigroup analysts say pork processor Cranswick is still a good buy for investors in spite of foot and mouth. It predicts pretax profit will rise 50% to £49.4m by 2010 on turnover of £714m.
Prospects of a giant Fonterra-style meat company in New Zealand formed by co-ops PPCS and Alliance have been dashed after Alliance backed away. Between them, they would have controlled 59% of the country's sheepmeat exports.