July 26, 2017
Today's news opens reporting that amid its latest stock struggles,
announced on Tuesday that it is revamping its leadership team. The
home delivery meal-kit company said in a statement that co-founder
Matthew Wadiak would be stepping down as chief operating officer to
become a senior adviser to Blue Apron.Tim Smith, the company's vice
president of supply chain, has been named senior vice president and
general manager of consumer products, a newly created role overseeing
efforts to personalize and expand offerings for customers. He will
report to Salzberg.
In other news, on July 25, 2017, the
Agricultural Marketing Service (AMS) published a new Weekly Fed Cattle
Comprehensive Report and revised the National Weekly Direct Slaughter
Cattle - Prior Week Slaughter and Contract Purchases Report through the
Livestock Mandatory Reporting program. The cattle industry has seen
a significant shift from traditional negotiated transactions to
alternative marketing arrangements such as formula pricing. The new
Weekly Fed Cattle Comprehensive Report reflects this trend by providing
stakeholders a more complete picture of the cattle market in one
temporarily banned beef exports from six Australian meatworks, the
Federal Government has confirmed. Australia was made aware of the
ban on Tuesday, and Trade Minister Steven Ciobo told the ABC he intended
to work closely and constructively with industry and China to resolve
the issue as quickly as possible. Mr Ciobo said the ban related to
Chinese concern about labelling non-compliance. There is no suggestion
that health or food safety issues are involved.
is considering bidding for Pilgrim's Pride Corp, a U.S.-based chicken
processor controlled by scandal-ridden Brazilian group JBS SA,
newspaper O Estado de S. Paulo reported on Wednesday. The report did not
cite how it obtained the information. A JBS representative said the
company will make a formal announcement "if and when there is something
material to share."
Meanwhile, meatpacker JBS
SA said on Tuesday it had reached a deal with banks to stabilize the
terms of some 20.5 billion reais ($6.5 billion) of debt owed by its JBS
Brasil unit, representing about 93 percent of the loans' principal.
Finally today, from New York City to New Zealand and Canada to the
McDonald’s has expanded McDelivery with UberEATS to 13 countries,
including 3,500 restaurants in the U.S. in the past three months.
McDelivery is now available across the globe from over 7,800 restaurants
in 47 countries and six continents. In celebration of this new way for
customers to enjoy their favorite menu items delivered right to their
home, work or beyond, McDonald’s is marking the milestone with Global
McDelivery Day, by surprising customers who order McDelivery on July
26th with special deliveries and fun McDonald’s moments.
Welcome to Foodmarket News!
Urner Barry is proud to offer you
Foodmarket.com. A Web site designed to provide you with the best
news coverage in the food industry.
day, readers are kept fully informed of the food industry's most timely,
relevant developments and market updates with stories presented in a
clear, concise manner. This enables you to make the most of your busy
day while remaining fully informed.
this authenticate your membership and provide you with all the benefits
associated with this service, but it expedites your login by storing
your information so that you do not have to enter it each time you
access the site.
If you are already registered, please
continue to enjoy uninterrupted access with your existing
username and password.
● Not registered yet? Please take a moment to
to continue access to all of Foodmarket's features.
By Linda Lindner
Copyright © 2017 Foodmarket.com
● 732-240-5330 ●