Opening the news today is word that poultry giant
Sanderson Farms had a bone to pick with the National Football League
when it released fourth-quarter and annual sales totals Thursday.
Sanderson Farms CEO Joe F. Sanderson Jr. suggested NFL protests that
involve players taking a knee during the national anthem have turned off
fans who no longer flock to sports bars to devour chicken wings. "The
NFL has hurt the wing stores,” Sanderson said during a conference call
to discuss earnings. “There’s not as much traffic going through some of
the wing places we service.”
In other news,
from Alabama and Nebraska and the Organization for Competitive Markets,
a non-profit that works on competition issues in agriculture, filed
a suit Thursday in the 8th U.S. Circuit Court of Appeals. The “fair
practice” rule addressed longstanding complaints from many beef, pork
and poultry farmers who say meatpackers wield too much power over their
businesses. Among other things, it said meat companies cannot break
production contracts without notice, retroactively require costly
investments in feeding facilities or block farmers from marketing their
cattle or hogs.
Soup Co. announced it has completed its $700 million acquisition of
Pacific Foods of Oregon, a producer of organic broth and soup,
shelf-stable plant-based beverages and meals and sides. The deal, which
was announced in July, had been stalled by a lawsuit filed against
Pacific Foods by a former shareholder. The acquisition expands Campbell
Soup’s footprint in the $11 billion organic food and beverage category.
Pacific Foods will join Campbell’s Americas Simple Meals and Beverages
division, which is led by Mark Alexander, president, and includes brands
such as Campbell’s, V8, Prego, Pace and Plum Organics.
for the global poultry industry in 2018 is promising, with relatively
positive fundamentals, according to Rabobank's Poultry Quarterly Q1 2018
report. But a disciplined supply growth strategy will be needed,
especially as uncertainties are rising—such as the possible return of
avian influenza (AI) during the northern hemisphere winter and a rising
supply of competitive meat proteins like pork and beef.
to pass a
new farm bill is 2018, and many have gotten a jump start on the process
with learning sessions conducted in Indiana and across the country.
The House Agriculture Committee Chairman Mike Conaway from Texas is
ready to go as well. Yesterday he announced a new farm bill website for
updates and information throughout the process of creating the 2018 Farm
Finally today our weekly retail column looks at how
less than two weeks till Christmas, and supermarket circulars are
serving as holiday headquarters for party foods. Pork features took
the top spot this week as holiday ham featuring surges; while beef comes
in second. Seafood ads account for 21%, while chicken slides back to
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