Beef Prices Are Soaring. Meat Lovers Aren't Deterred — Yet

Walter Avalos, a D.C.-based seller for a large U.S. deli producer, typically got instructions once a year to hike red meat prices. Now, it's every week.

"We had to put at the bottom of our inventories that prices can change at any moment," said Avalos, 34. "It never used to be like that."

Red meat prices are skyrocketing in the United States, the world's largest consumer and producer of beef. Beef and veal prices surged 11.3 percent in July over the year, according to the most recent consumer...

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New Resource from National Restaurant Association Provides Insights into Operational Realities

Dampened customer traffic and stubbornly elevated costs combined to keep pressure on the bottom line, resulting in modest profit margins – even by restaurant standards – according to the National Restaurant Association. Released today, the Restaurant Operations Data Abstract provides restaurant operators, investors, and industry leaders with a detailed financial snapshot of the fullservice and limited-service sectors.

Based on financial and operational data from more than 900 restaurants nationwide, the report includes a wide range of insights across key cost centers. These include food and...

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Aug 21 11:40 AM, Expana



Navigating the Trump Tariff Turbulence: A Comprehensive Timeline

US President Donald Trump and his administration have paused reciprocal tariffs on most countries.

“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET. 

It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...

 

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Aug 21 10:39 AM, Expana


222 Poultry Facilities Recognized by Joint Poultry Industry Safety & Health Council

The Joint Poultry Industry Safety & Health Council recognized 222 chicken and turkey facilities with safety awards at the National Safety Conference for the Poultry Industry in Destin, Fla. The facilities were honored in recognition of their outstanding performance through the implementation of innovative and effective employee safety and health programs.

Award consideration was based on injury statistics from the 2022–2024 period and a review of written applications evaluated by academia and other safety experts.

This year, 49 facilities earned the highest level of recognition...

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Aug 21 10:18 AM, Expana


Trump Says Immigration Plan Will Balance Farm Labor Needs and Border Security

US President Donald Trump said he is crafting an immigration plan aimed at bridging the gap between American farmers who rely on immigrant labor and advocates for stricter border policies—a balancing act that has taken center stage amid recent enforcement actions disrupting agricultural operations nationwide.

"The farmers want to have people who can work very hard in the field, and the other people don't want to have anybody from outside of our country. And I am working on a plan that I think is going to make...

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Aug 21 10:31 AM, Expana


ANALYSIS: Turkey Sector Navigates Low Production, Vaccine Gains, and HPAI Fears as Fall Approaches

The USDA’s monthly turkey hatch data continues to show YTD egg sets and poult placements at record low values, trending 0.8% and 0.5% below last year, respectively. Still, the number of eggs in incubators for August lends a glimmer of optimism to some buyers as the value inches above last August’s and narrows the gap between this year and the 5-year average. Meanwhile, the USDA’s data still shows July’s poult placements falling lower year-over-year (YOY)...

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Aug 21 8:00 AM, Expana


The Retail Rundown: Retailers See Early Back-to-School Spending Amid Price Concerns

While some students are already back in class, others are squeezing in the last stretch of summer before Labor Day. Either way, grocers are bracing for busy aisles as parents juggle back-to-school supplies and grocery lists. This week’s ads highlight plenty of lunchbox staples, including snacks and deli items. 

The National Retail Federation (NRF) reports that two-thirds of shoppers had already begun back-to-school purchases by early July, with more than half starting earlier than last year. Concerns about higher prices linked to tariffs...

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Aug 20 9:05 AM, Expana


Moldovan Poultry Producer Axedum to Invest €9 Mln in Expansion

The European Bank for Reconstruction and Development (EBRD) and Moldovan bank Maib have approved €9 million in financing for the poultry producer Axedum, both banks announced.

The funds “will finance the construction of a modern feed mill and enable Axedum to expand into a new business line of egg production,” the EBRD said.

Axedum is seeking to export its products into the European Union. Moldova holds EU accession candidate status...

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Aug 20 7:40 AM, Expana


Hendrix Genetics Invests in New Poultry Pedigree Facility in the Netherlands

Dutch-based Hendrix Genetics is investing in a pedigree facility in the Netherlands as part of a new poultry breeding program, the company said. Hendrix Genetics specializes in the breeding of turkeys, poultry, swine, salmon, trout and shrimp.

“The facility will support the growth of Hendrix Genetics’ Layers and Traditional Poultry Breeding Program,” the company said.

Hendrix Genetics expects to start operations this month and reach full capacity within six to eight months.

The facility has a modern hatchery as well as rearing and production houses...

 

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Aug 20 7:06 AM, Expana


HHS Allows FDA Emergency Use of Animal Drugs to Combat New World Screwworm

The US Department of Health and Human Services (HHS) has issued a declaration allowing the Food and Drug Administration (FDA) to grant Emergency Use Authorizations (EUAs) for drugs used to treat or prevent infestations caused by New World Screwworm in animals.

"Today we are taking decisive action to safeguard the nation’s food supply from this emerging threat,” said HHS Secretary Robert F. Kennedy, Jr. “This authorization equips FDA to act quickly, limit the spread of New World Screwworm, and protect America’s...

 

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Aug 19 10:59 AM, Expana


UNFI Warehouse Workers Win Big with New Teamsters Contract

More than 300 warehouse workers at United Natural Foods Inc. (UNFI) have ratified a new five-year contract.

The new agreement was overwhelmingly supported by workers and includes wage increases of up to $8 per hour, along with Teamsters health care coverage and participation in the Teamsters Western Conference Pension Plan.

"This contract is exactly why we joined the Teamsters," said Charles Dowling, a warehouse worker and member of Local 79. "We fought hard for the pay, benefits, and protections we...

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Aug 19 8:24 AM, Expana


European Processor Dawn Meats to Acquire New Zealand Sheep Meat Exporter Alliance

Ireland-based processor Dawn Meats, specialized in red meat, has agreed to acquire 65% of Alliance Group for $250 million.

Alliance is one of the largest exporters of New Zealand sheep meat, but it also exports beef, venison, and others to around 65 countries, DC Advisory, the company advising the acquisition, said. Currently, Dawn Meats exports to around 50 countries, with a turnover of €3 billion, the company said.

The acquisition fits within the company’s growth plans. “A key part of Dawn’s strategic growth plan...

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Aug 19 8:00 AM, Expana


Popeyes Re-introduces its Wings Lineup

Officially in restaurants nationwide today, Popeyes® is re-introducing their wings lineup, now with a new mild marinated base on their bone- mild or spicy!

Popeyes new wings lineup spotlights their three bestselling sauce flavors: Signature Hot, Sweet 'N Spicy and Honey BBQ, as well as four all-new dry rubs: Ghost Pepper, Lemon Pepper, Garlic Parm, and Buffalo all featured on a mild marinated based wing.

  • Mild Base on All Bone-In Wings: Now every bone-in wing starts with our mild marinated base – featuring a savory...
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Aug 18 9:29 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #22

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #22."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.

 

...

 

The timeline for tariff negotiations between the US and China trade teams has been extended for another 90 days—moving the deadline to November 10, according to a White House fact sheet...

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Aug 14 12:27 PM, Expana


ANALYSIS: China’s Meat Imports Edge Up 0.6% MOM to 533,241 mt in July 2025

China imported 533,241 metric tons (mt) of meat, including variety meats in July 2025, rising just 0.9% (3,241 mt) from a month earlier, according to preliminary data from the General Administration of Customs (GACC).

Despite the low base earlier in the year, the modest July increase also failed to match the usual sharp seasonal gains that follow a softer spring and summer, when importers typically build stocks ahead of winter dishes such as hotpots, soups and stews and other traditional...

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Aug 14 11:21 AM, Expana


Amazon Launches Same-Day Perishable Grocery Delivery in Over 1,000 Cities

Amazon is set to make one of its largest-ever grocery expansions, bringing same-day delivery of fresh and perishable food items to customers in more than 1,000 cities and towns, starting August 13.

Shoppers can now order produce, dairy, meat, seafood and other essentials for rapid delivery, with plans to reach over 2,300 communities by the end of 2025.

“Customers are looking to make their budgets stretch further, and that’s why Amazon is focused on offering a wide selection of national and local brands, including organic and natural options...

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Aug 13 11:29 AM, Expana


Performance Food Group Reports Strong Sales and Profit Growth Despite Decline in Net Income 

One of the largest distributors in foodservice, Performance Food Group, has announced results from its fourth quarter and fiscal year.

Quarterly Highlights

The company saw case volume increase by 11.9%. Independent Foodservice case volume rose 20.4%, while Organic Independent Foodservice case volume increased 5.9%.

Net sales were $16.9 billion, rising 11.5% for the period. Gross profit for the quarter grew 14.6% to $2 billion. This growth in sales and profit can be attributed to recent acquisitions, including that...

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Aug 13 11:13 AM, Expana


The Retail Rundown: Beef Tops Retail Ads as Grocers Prepare for Labor Day

With Labor Day just under three weeks away, grocers are preparing for summer’s last big grilling rush. Most holiday orders have already been locked in, and meat and prepared food departments are expected to see strong traffic as shoppers savor the last days of summer.

Beef has overtaken seafood as the most advertised protein this week, representing 27.0% of retail buying opportunities. Pork is close behind at 26.6%, while seafood has eased to 23.3%. Chicken remains steady at 18%, and turkey ads inched up to 3%...

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Aug 13 8:00 AM, Expana


Diversified Foodservice Supply Appoints Lev Peker as Chief Executive Officer

Diversified Foodservice Supply (DFS), a leading provider of equipment, supplies, and parts to the foodservice industry, is pleased to announce the appointment of Lev Peker as Chief Executive Officer.

Peker brings a strong track record of leadership and growth from the automotive aftermarket industry, where he excelled as CEO of PartsID and CarParts.com. There, he successfully scaled operations, enhanced customer experience, and delivered strong financial results. His deep expertise in e-commerce, operational efficiency, and system modernization aligns closely with DFS's strategic priorities...

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Aug 12 1:32 PM, Expana


NCBA Notches Legal Victory Protecting Cattle Producers from Overreaching Emissions Regulations

Last week, the National Cattlemen’s Beef Association (NCBA) notched a legal victory in the U.S. District Court for the District of Columbia affirming protections for cattle farmers and ranchers from onerous and unnecessary air emissions reporting requirements. NCBA, along with a coalition of other livestock and farm groups, has engaged in this litigation for years to ensure that family farmers and ranchers were not forced to file complex, overreaching reports with the federal government about emissions under the Emergency Planning and Community Right-to-Know Act (EPCRA) and Comprehensive...

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Aug 12 9:43 AM, Expana


Armanino Foods Posts Record Sales and Profits in Q2

Armanino Foods announced record-breaking results for the second quarter of its fiscal year.

The company manufactures and markets frozen Italian specialty food items including pesto, sauces, and filled pastas for foodservice and retail markets.

In quarter two, the company accomplished record net sales of $19.9 million, an increase of more than 14% compared to the same period in 2024.

"We are proud to report another quarter of record-breaking sales and profits — a milestone that reflects both the strength of our operating model and our disciplined execution...

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Aug 11 7:40 AM, Expana


DoorDash Reports Record Results for Q2 FY2025

DoorDash delivered record performance in the second quarter of its fiscal year, achieving new highs in total orders, Marketplace GOV, and revenue. Total orders climbed 20% year-over-year (YOY), while Marketplace GOV increased 23% to $24.2 billion. Revenue surged 25% YoY to $3.3 billion.

Net revenue margin improved compared to both last year and last quarter, driven by more efficient logistics, higher advertising revenue, and fewer credits and refunds issued.

Adjusted EBITDA reached $655 million in Q2 2025, a...

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Aug 8 6:45 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #21 

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #21."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.

 

...

 

On August 6, US President Trump issued an executive order that imposes a new 25% additional ad valorem tariff on imports from India into the States, effective 21 days after the White House announcement...

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Aug 7 12:23 PM, Expana


Maple Leaf Foods Sees Major Turnaround with $58M Profit in Q2 2025

Maple leaf, a Canadian food processing company, have delivered findings from its quarterly results. 

The company reported a strong second quarter, with adjusted EBITDA increasing 28.9% to $182 million compared to the same period last year. Total sales reached $1.36 billion, representing an 8.5% year-over-year increase, driven by consistent growth across all major operating segments.

Prepared Foods saw a 7.5% increase in sales, Poultry rose by 8.5%, and Pork climbed 10.7%, reflecting solid market demand...

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Aug 7 10:31 AM, Expana


US Foods Delivers Strong Q2 Results, Raises 2025 Outlook

In its quarterly results, US Foods' strong performance showed steady progress across key areas of the business.

“Our second quarter performance underscores the strength of our team's continued focus on execution and delivering value to our customers. This momentum has fueled further market share gains with independent restaurant, healthcare and hospitality customers, resulting in record Adjusted EBITDA of $548 million and a 40 basis point increase in Adjusted EBITDA margin to a record 5.4%,” said Dave Flitman, CEO. “Looking ahead, we have a long runway...

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Aug 7 9:01 AM, Expana


ANALYSIS: June Chicken Cold Storage Edges Higher Amid Shifting Cut-Specific Trends

Chicken cold storage inventories in June climbed 2.5 % year-over-year (YOY) and 1.5 % month-over-month (MOM), keeping closely in line with the five-year average gain of 1.6 % for the month.

Overall, volumes reflect a modest seasonal build, though category-specific shifts suggest evolving demand patterns and production scenarios are taking place. Whole chicken inventories dropped 10.3 % MOM and remain down a steep 33.9 % YOY, marking the nineteenth consecutive month of YOY reductions.

Monthly holdings also trailed below the...

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Aug 7 7:49 AM, Expana


ANALYSIS: Turkey Cold Storage Hits Record Lows Amid Active Demand and Production Challenges

The total volume of turkey in cold storage continues to set new seasonal lows on a month-by-month basis. The overall frozen inventory was 15.8% below year-ago levels, speaking to the combination of robust demand and limited production that the market currently faces. Yet, even with the lower year-over-year (YOY) values, the change from May to June was almost identical to the 5-year average month-over-month (MOM) change. This was largely driven...

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Aug 7 7:37 AM, Expana


UNFI Appoints David Best to President and CEO of Retail

United Natural Foods, Inc. (UNFI) announced the appointment of David Best to President and Chief Executive Officer of Retail effective August 17.

“I’m excited to join UNFI and accelerate the retail business during such a pivotal time for the Company,” Best said. “As a former UNFI customer and a Minnesota native, I have a great respect for the differentiated value UNFI is creating within our industry and for everything the Cub brand means to the community I call home. I’m energized by the opportunity to work with the...

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Aug 7 7:35 AM, Expana


Farmer Sentiment Weakens, But Farmers Believe US Policy Headed in Right Direction

Farmer sentiment continues to weaken, as the Purdue University/CME Group Ag Economy Barometer declined again in July. The barometer fell 11 points to 135 from June, a reading that resulted from U.S. farmers' weaker perceptions of both current conditions and future expectations. The July Current Conditions Index dropped 17 points to 127 from last month, while the Future Expectations Index posted a smaller decline of 7 points to 139. Driving the weaker income prospects for 2025 were farmers' assessment of current conditions...

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Aug 7 7:30 AM, Expana


The Retail Rundown: Summer’s Last Stretch Drives Seasonal Promotions

August has arrived, bringing a sense of urgency to make the most of summer’s final weeks. With Labor Day fewer than four weeks away and just seven weeks remaining until the season’s official end, retailers are already diving into back-to-school promotions.

Seafood claims the top spot among protein features again this week, making up 30.3% of all retail ads, followed by beef at 26.2%, pork at 20.8%, and chicken at 18.9%. Egg promotions remain minimal, comprising less than 1% of features—consistent with last week’s light showing. The Midwest led in egg advertising, while the Northeast and South Central regions showed more moderate activity...

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Aug 6 8:37 AM, Expana


UK Retailers React to Tariff Uncertainty With 76% of Exporters Diversifying Beyond the US Market

New research from ESW and Retail Economics reveals that 76% of UK exporters are now actively diversifying beyond the US, historically the UK’s largest non-EU retail market. Larger UK retailers are radically re-drawing their global growth playbooks as protectionist trade policies upend decades-old export patterns. However, 71% of small UK retailers admit they have no formal plan for sudden trade-policy shocks, a stark operational gap that could hit margins overnight.

The report, “Rethinking Reach...

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Aug 5 7:30 AM, Expana


Growth Continues for Publix with Rising Sales, Earnings, and Stock Value

Publix’s sales for the second quarter rose 7.3%, increasing from $14.5 billion to $15.6 billion. Comparable store sales were also up, growing 6% during the quarter. The company estimates that approximately 1% of the year-over-year sales growth in Q2 was due to the timing of the Easter holiday, which fell in the second quarter of 2025 but in the first quarter of 2024.

Net earnings for the quarter increased 41.5% to $1.4 billion, compared to...

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Aug 4 9:41 AM, Expana


Listeria, Metal Contamination, and Allergen Mislabeling Triggers Actions from FSIS

This week, the US Department of Agriculture's Food Safety and Inspection Service (FSIS) has issued a pair of public health alerts as well as one recall.

The first announcement was issued Sunday, July 27, for ready-to-eat ham salad products containing FDA-regulated breadcrumbs that have been recalled due to possible Listeria monocytogenes (Lm) contamination. The problem was discovered when Reser's Fine Foods, Inc. determined that the company had used breadcrumbs that had been subject to an FDA recall because that item may have been contaminated with Lm...

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Aug 1 10:09 AM, Expana


UNFI Unveils Top Industry Trends to Help Retailers Plan for the Holiday and Winter Selling Season

During its second Holiday and Winter Selling Show of 2025 in Uncasville, Conn., United Natural Foods, Inc. brought together more than 3,900 attendees, connecting more than 1,400 retailers and over 750 suppliers. Exhibitors showcased thousands of unique products, spanning the natural, organic, fresh, specialty, and conventional grocery categories.

Differentiation that Drives Results

During the show, UNFI experts shared the latest industry insights and emerging growth opportunities to help grocers stand out during the upcoming holiday and winter selling...

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Aug 1 8:00 AM, Expana


PODCAST: Agri-Food for Thought Ep. 32 - M&A in the Global Agri-Food Industry, July 2025 Overview

Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.Today, we bring you up to speed with merger & acquisition activity in the global agrifood landscape that occurred in July 2025 as part of the monthly M&A focus series.

July 2025 M&A activity somewhat slowed down compared to previous months. The ongoing tariffs situation, the global focus on trade deals, other trade disputes, and market uncertainty, have a role to play here

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Aug 1 7:54 AM, Expana


Trump Signs Sweeping Executive Order Revamping US Tariff Rates; 15% Floor for Deficit Nations

President Donald Trump signed an executive order on July 31, unveiling a massive overhaul of US tariff policy, introducing a series of new import rates for US trading partners (find the full rate list below).

Under the new plan, countries with which the US has a trade deficit will face a minimum 15% tariff, affecting more than 30 nations. Meanwhile, the administration’s existing 10% “universal” tariff will remain in place for countries where US exports exceed imports...

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Aug 1 6:40 AM, Expana


Triple Typhoon Impact Disrupts Southeast Asian Agricultural and Aquaculture Supply Chains

A rare convergence of three powerful typhoons in July has battered key agricultural and aquaculture regions across China, Vietnam, Taiwan, and the Philippines. Typhoons Wipha, Danas, and Co-May have collectively caused hundreds of millions in damages.  

Typhoon Wipha Deals Blow to Vietnam’s Rice and Shrimp Exports 

Typhoon Wipha formed on July 18 near the northern Philippines and intensified to Category 1 before making landfall in Guangzhou, China, and later striking northern Vietnam. Wipha lashed southern China with winds up to 75 mph, triggering floods and landslides

 

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Aug 1 5:10 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #20

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #20."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.

 

...

 

As of July 27, the United States and the European Union reached a trade agreement: The US will charge a 15% tariff on all imports across-the-board from the coalition of countries...

Full Story »
Jul 31 1:57 PM, Expana


Kroger Announces New Leaders in Key Roles

The Kroger Co. today announced leadership changes in several key roles across the company.

Kroger appointed Ed Oldham to Head of Sourcing. Oldham joins Kroger from PetSmart, where he was Senior Vice President and Chief Supply Chain Officer. He led the company's distribution and transportation strategy across North America, overseeing an international distribution network and 2,500 associates. Oldham brings more than 25 years of experience in retail, CPGs, and consulting, where he led planning, buying, replenishment, operations and sourcing decisions across multi-billion-dollar categories. Before joining PetSmart...

 

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Jul 31 12:29 PM, Expana


ANALYSIS: June Turkey Harvest Breaks Record Low Streak

The turkey slaughter data for June is noteworthy, as it marks the first time since August of last year that a new record seasonal low has not been set. This June's total number of turkeys harvested was 5% above June 2024. Additionally, there was a month-over-month (MOM) increase of 7.4%, compared to a 5-year average MOM decline of 3.8% for this time frame.

This modest increase in production is a welcome shift for both buyers and sellers. Those on the...

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Jul 31 10:59 AM, Expana


ANALYSIS: Broiler Sector Recalibrates with Steady Growth and Demand

The chicken industry is not contracting; it is recalibrating. Broiler-type pullet chick placements for future hatchery supply totaled 9.38 million in June, down 4 percent from the prior year. While that headline suggests a slowdown, the decline follows an all-time high in 2024. Even with this year’s moderation, the current supply flock remains well above the ten-year average. The industry is not pulling back, it is operating near full stride and approaching physical capacity constraints.

June chick hatchings totaled 856 million...

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Jul 31 10:56 AM, Expana


Pilgrim’s Pride Soars with Strong Q2 Results and $400M Expansion

Pilgrim’s Pride released its financial results for the second quarter of fiscal year 2025, reporting net sales of $4.8 billion and GAAP net income of $356 million, or $1.49 per share. Adjusted EBITDA came in at $686.9 million. The company attributed its strong performance to robust demand, improved operations, and product quality across key segments.

In the US Fresh Chicken segment, both sales and margins improved. Case Ready products outpaced market growth, while the Small Bird business...

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Jul 31 9:58 AM, Expana


White House Unveils 40% Additional Tariffs on Brazilian Imports; Orange Juice, Nuts Spared

On the afternoon of July 30, Brazil was assigned an additional 40% tariff rate, according to a White House statement. US President Trump invoked the International Emergency Economic Powers Act (IEEPA) which will add to the current baseline 10% tariff on foreign good imported to the US. However, Trump teased upping that rate for ~200 countries where a trade deal would not make sense to negotiate. For now, it’s clear that 40% is in addition to any currently applicable US tariff...

 

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Jul 31 8:00 AM, Expana


Inside the Mind of a Procurement Strategist: Former Kellanova CPO Looks at Key Trends

At Expana’s Agri-Food Americas event on September 23-24 in Chicago, procurement critical thinking and business solution finding will take center stage. Expert insights will be given and many networking opportunities will be enabled for attendees, who are all faced with disruptive trade shits and global agricultural commodity supply chain woes. 

The ambition is for agri-food leaders to unite, discuss, seek expert overviews, and gain some sense of direction and clarity they can ultimately take back home and apply to their procurement strategies.

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Jul 31 5:08 AM, Expana


The Retail Rundown: Retailers Push Protein as July Wraps

As July comes to a close and summer heat intensifies, retailers are pushing protein promotions to attract shoppers and encourage at-home grilling and cooking.

Seafood reclaimed the top spot in protein ad share this week, accounting for nearly 27% of all features. Pork followed at 24%, while beef and chicken trailed close behind at roughly 23% each. Egg promotions dipped slightly to around 1%.

Expana notes that retail egg demand has softened—typical for summer, when hot weather reduces in-home usage. Shelf prices are holding near $3.00 per dozen, well below early-year highs, but lighter consumption has dampened order volumes...

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Jul 30 8:37 AM, Expana


Report Finds Full-Service Restaurants are Winning Back Customers with Menu Updates

Full-service restaurants are hoping to make a comeback in 2025, thanks to menu updates and operational improvements, according to Chatmeter’s latest Full-Service Reputation Ranking Report. 

The report, based on over one million reviews from June 16, 2023 to June 15, 2025, analyzed customer feedback across 10 of America's largest casual dining chains. The findings suggest that restaurants introducing new menu items and enhancing the overall dining experience are seeing a spike in both demand and customer reviews.  

The Cheesecake Factory, which claimed the...

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Jul 30 8:35 AM, Expana


Inside the 2025 Food Manufacturing Landscape: Workforce Challenges and Investment Uptick

Global Location Strategies (GLS), a site selection advisory firm, unveiled its 2025 edition of the Best Places for Food Manufacturing Insights Report, which featured some intriguing takeaways about the impact of tariffs, immigration raids, and regulatory shifts on food manufacturing expansion.

The report features findings from the sector that spans animal food manufacturing, grain and oilseed milling, sugar and confectionery product manufacturing, fruit and vegetable preserving, specialty food manufacturing, dairy product manufacturing, animal slaughtering and processing, seafood product preparation and packaging, bakeries and tortilla manufacturing, and other food...

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Jul 30 8:00 AM, Expana


Sysco Delivers Strong Q4 and Solid FY 2025 Results

Sysco announced its fourth-quarter and full-year results Tuesday morning.

"Sysco's Q4 results exceeded expectations, as improved financial outcomes were driven by Sysco-specific initiatives and improved restaurant industry traffic. Specific to our business, USFS local volumes improved sequentially by 200 bps, including a strong exit rate in June. Importantly, drivers of our progress accelerated during the quarter, with the momentum continuing in July, an encouraging signal as we begin the next fiscal year of profitable growth" said Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer...

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Jul 29 9:47 AM, Expana


US-EU Trade Announcement: Markets Open to American Food and Beverage Producers

As of July 27, the United States and the European Union reached a trade agreement: The US will charge a 15% tariff on all imports across-the-board (including sector-specific rates like those on autos) from the coalition of countries, according to a joint announcement between US President Trump and European Commission President von der Leyen. 

The trade deal will contain agreements whereby the EU will purchase $750 billion in energy from the US, invest an additional $600 billion into the US, open markets to...

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Jul 29 8:05 AM, Expana


71% of Consumers Shop for Groceries Online, But Grocers Must Eliminate Friction to Grow Loyalty

As online grocery shopping continues to gain traction, U.S. consumers are sending a clear message to grocers: make it easier, smarter, and more connected. A new national survey from VTEX (NYSE: VTEX), composable commerce platform provider, finds that 71% of consumers have shopped online for groceries, with 50% purchasing groceries online at least once a month, but many shoppers are holding back from deeper digital engagement due to persistent friction in the experience.

The findings reveal powerful insights for grocers...

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Jul 29 8:00 AM, Expana


Wayne-Sanderson Farms Acquires Harrison Poultry

Wayne-Sanderson Farms has acquired Harrison Poultry, a Georgia-based producer of chicken products, which was founded in 1958.

The acquisition, effective immediately, includes the full transfer of Harrison Poultry’s assets, spanning live production, a hatchery, a feed mill, manufacturing operations, transportation, and related facilities in the Bethlehem and Crawfordville regions of Georgia, Wayne-Sanderson Farms said.

Integrated operations between the two companies are expected to begin immediately, with minimal disruption to day-to-day business.

Wayne-Sanderson Farms said it began evaluating the acquisition earlier this year

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Jul 29 2:26 AM, Expana


UFCW Reaches Tentative Agreement with Albertsons Companies

On Sunday, UFCW 8-Golden State, along with UFCW Locals 5 and 648, announced a tentative agreement with Albertsons Companies, the parent company of grocery chains such as Safeway and Vons.

The agreement follows five months of intense negotiations and comes in the wake of a threatened walkout involving nearly 25,000 grocery workers. It includes significant wage increases, a strengthened and secure retirement plan, improved health care benefits, and improved job protection provisions aimed at fostering a safer and more respectful workplace.

UFCW 8-Golden State members working...

Full Story »
Jul 28 10:14 AM, Expana


UK Meat Producer Cranswick Reports 9.7% Revenue Growth in Q1

UK’s Cranswick has reported a 9.7% increase in revenue for the 13 weeks up to 28 June 2025, or the first quarter in its financial year. Like-for-like revenue rose by 7.9%, driven by volume growth, the company said.

The recently acquired food service sausage manufacturer Blakemans on 16 May 2025, also contributed to growth, the trading report showed. And export revenue and volume increased following the reinstatement of the Norfolk site’s China export licence in December 2024.

The new retail business and strong demand at the cooked...

 

Full Story »
Jul 28 9:45 AM, Expana


ANALYSIS: Newcastle Disease in Poland Continues to Restrict Supplies on the Market

Poland’s chief veterinary authorities have confirmed three new outbreaks of Newcastle disease, according to a report submitted to the World Organisation for Animal Health (WOAH) on July 9, 2025. In response, approximately 180,000 birds have been culled to contain the spread of the disease. Control measures implemented at all affected sites include culling and safely disposing of infected birds, thoroughly cleaning and disinfecting facilities, and establishing both infected and at-risk zones.

Since the beginning of the year...

Full Story »
Jul 28 9:02 AM, Expana


Trump Announces August 1 Tariffs — Here's the Complete List

UPDATE July 22, 2025: US President Trump States 19% for the Philippines, Indonesia

After a press conference with the President of the Philippines, Trump confirmed the 19% rates for the Philippines and Indonesia, when he posted to Truth Social.

UPDATE July 14, 2025: EU, Mexico Slapped with 30% Tariffs

President Donald Trump has expanded his administration’s tariff policy, targeting the European Union and Mexico with newly announced 30% tariffs on all products imported into the United States. Read Expana's coverage here.

UPDATE: July 10, 2025

President Trump imposed a 35% tariff...

Full Story »
Jul 28 7:20 AM, Expana


Pilgrim's Invests in New Food Production Facility 

Pilgrim’s is investing $400 million in a new multi-phase prepared foods facility in LaFayette, Georgia, which is expected to create more than 630 new jobs once it is completed. 

The company currently operates seven food production facilities, along with supporting infrastructure such as feed mills and hatcheries.

The new facility will produce a variety of fully cooked chicken products, further expanding Pilgrim’s prepared foods business.

Construction is set to begin this fall, with hiring anticipated to start in 2027.

“This significant investment will...

Full Story »
Jul 25 10:19 AM, Expana


Dickey's Barbecue Pit Responds to Frivolous, False Lawsuit Claims

Dickey's Barbecue Restaurants, Inc. has issued a statement in response to a lawsuit filed by a former Houston franchisee, asserting that the allegations are false, without merit and misrepresent the company's franchise model.

"Our franchise model is designed to empower our partners as independent business owners," said Laura Rea Dickey, CEO of Dickey's Barbecue Pit. "We provide a proven framework for success, brand standards, and a robust business model with an ongoing support system. During the development and construction process, we provide...

Full Story »
Jul 25 9:43 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #19 

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #19."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.

 

...

Full Story »
Jul 24 4:34 PM, Expana


ANALYSIS: Production in Motion as Beef Pulls Back and Chicken Steps Forward

The July 2025 USDA outlook reveals diverging trajectories across the major protein sectors, with beef production continuing to pull back while broilers and pork fill the supply gap.

Beef output is forecast to decline by nearly 3 percent to 26.188 billion pounds, driven by lower slaughter rates and lighter carcass weights in the back half of the year. This contraction signals a tightening supply environment that has ripple effects across the broader protein complex.

Broiler production is moving in the opposite direction...

Full Story »
Jul 24 11:02 AM, Expana


McLane Unveils HiBird, A Premium Chicken Program for Convenience Stores

McLane Company, Inc. has launched HiBird, a new premium chicken program under its McLane Fresh brand, tailored for convenience stores.

“We’re proud to introduce our latest innovative program, HiBird, designed to help retailers meet growing consumer desire for chicken and demand for high-quality foodservice items,” said Vito Maurici, chief customer experience officer for McLane.

The lineup includes items like chicken sandwiches, strips, wedges, and mac and cheese. Designed for operational efficiency, HiBird offers full support, from training to equipment..

Full Story »
Jul 24 10:27 AM, Expana


US Republicans Continue Push to Override California Animal Welfare Law

U.S. Republicans continued on Wednesday a years-long effort to override a 2018 California law that bans the sale in the state of pork from pigs kept in tightly confined spaces, arguing in a House Agriculture Committee hearing that the law is overly burdensome to farmers.

Proposition 12, which also sets housing standards for veal and eggs sold in the state, was upheld by the Supreme Court in 2023 after a legal challenge by the pork industry.

President Donald Trump's administration sued California...

Full Story »
Jul 24 9:05 AM, Expana


Swiss Nestlé’s Sales Down by 1.8% on 1H25; Milk Products’ Growth up by 1.1%

Nestlé's sales fell by 1.8% to CHF 44.2 billion ($50.388 billion) over the first quarter of 2025, the company’s results presented on Thursday showed. Net profit was also down on the year to CHF 5.06 billion from CHF 5.64 billion in the first half of 2024. However, organic growth was up by 2.9%.

“Sales were negatively impacted by foreign exchange movements, especially in Q2, when the Swiss Franc strengthened by 10% against the dollar, and similar amounts against other currencies...

 

 

Full Story »
Jul 24 8:55 AM, Expana


Fortune Fish & Gourmet Showcases Premium Seafood and Meats to NBA Chefs in Las Vegas

Fortune Fish & Gourmet took center stage at the National Basketball Association (NBA) Summer League in Las Vegas last week, presenting their specialty seafood and meat products to chefs from all 30 NBA teams.

Each summer, Las Vegas hosts the NBA’s annual meetings for coaches, trainers, and the Performance Nutrition Association to discuss best practices for supporting their organizations. For the first time, NBA chefs held their own dedicated meeting in 2025, inviting Fortune Fish & Gourmet, current supplier to the Philadelphia 76ers, to present its offerings to...

Full Story »
Jul 24 8:09 AM, Expana


What's in the EU's Countermeasures to US tariffs?

The European Union could hit the United States with counter-tariffs on 93 billion euros ($109 billion) worth of U.S. goods if the two sides fail to reach a trade deal by Washington's August 1 deadline for imposing import levies.

The European Commission has prepared two sets of possible counter-tariffs, which would be combined into one and submitted for approval to EU members. They would not be imposed until August 7.

Here is a breakdown of the two packages:

EU COUNTERMEASURES TO STEEL, ALUMINIUM TARIFFS...

Full Story »
Jul 24 8:05 AM, Expana


PODCAST: Agri-Food for Thought Ep. 31 - Competition Heats Up at the Meat Case this Summer

Listen now as Jamie gets the scoop from Market Analyst Pete Iridoy on how pork is benefitting at retail amidst high beef prices this summer...

Full Story »
Jul 24 8:01 AM, Expana


New Progresso Pitmaster Soups Take on Grilling Season

Fire up your appetite, not your grill. This summer, Progresso® is bringing the unmistakable taste of a backyard cookout to your kitchen with the launch of Progresso Pitmaster, a bold new line of BBQ-inspired soups packed with juicy, delicious meats, roasted vegetables and 14g of protein or more per can.

Progresso Pitmaster soups capture the bold, satisfying flavors of BBQ in a no-fuss, no-flame format. Whether you're craving a savory, rich bite of steak or the indulgent flavors of beer cheese and sausage, Progresso Pitmaster delivers the ultimate taste experience in a bowl that’s ready in just five minutes.

Full Story »
Jul 23 3:45 PM, Expana


ANALYSIS: Turkey Production Lifts Off with Growing Poult Placements and Health Improvements

This year's turkey hatch figures continue to lag behind the 5-year average but still outpace last year on a year-to-date (YTD) basis. Tom and hen poult placements are up year-over-year (YOY) by 3.5% and 3.4%, respectively, while egg sets are up 2.5% from last year.

These figures demonstrate the active push from many in the industry to supply more turkey meat. While a larger number of breeder-type birds were lost to HPAI this year...

Full Story »
Jul 23 10:44 AM, Expana


The Retail Rundown: Beef Edges Out Seafood in Weekly Protein Features

Beef narrowly edged out seafood for the top spot in retail protein promotions this week, making up 25.9% of all featured items. Seafood was a close second at 25.3%, while pork and chicken each accounted for about 23%. Eggs represented roughly 2% of ads, and turkey dipped below 1%.

Beef steaks remained a premium grilling choice, averaging $14.21 per pound last week. Seafood also led on price, with fresh salmon reaching as high as $17.24 per pound in some regions...

Full Story »
Jul 23 8:50 AM, Expana


Trump Announces US-Indonesia Trade Agreement; New Details Emerge

UPDATE: July 22, 2025 4:37 PM ET

This afternoon, US President Trump posted to Truth Social after revealing a similar 19% trade deal with the Philippines, reported Expana.

"It is my Great Honor to announce our Trade Agreement with the Republic of Indonesia, as represented by their Highly Respected President, Prabowo Subianto. It is agreed that Indonesia will be Open Market to American Industrial and Tech Products, and Agricultural Goods, by eliminating 99% of their Tariff Barriers. The United States of America will now sell American Made products to Indonesia..."

Full Story »
Jul 23 8:39 AM, Expana


Trump Signs Landmark US-Japan Trade Deal, Slashes Tariffs to 15%

United States President Donald Trump announced this week that he had signed what he described as “perhaps the largest deal ever made” with Japan, aimed at reshaping trade relations between the two countries. The agreement sets a new 15% tariff rate on all Japanese products imported into the US, a notable decrease from the 25% rate imposed earlier this month, as Expana reported.

According to President Trump, the deal is expected to create hundreds of jobs in the United States and will require Japan to open its markets further...

Full Story »
Jul 23 8:29 AM, Expana


OpenTable and KAYAK Unveil Top 100 Hotel Restaurants Amid Growing Trend of Culinary-Driven Travel

According to new insights from OpenTable and KAYAK, travelers are increasingly choosing their destinations based on where they want to eat.

An OpenTable survey reveals that 47% of Americans have planned a trip specifically to visit a restaurant. Similarly, KAYAK reported a 51% year-over-year increase in travelers using the “restaurant” filter when searching for hotels.

In response to this trend, the two companies have partnered to release their first-ever list of the "Top 100 Hotel Restaurants in America...

Full Story »
Jul 23 8:00 AM, Expana


US-Philippines Trade Relations Televised; 19% Tariff Rate Reached

On July 22, US President Trump participated in a bilateral meeting with Philippines President Ferdinand Marcos Jr. 

“... We concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs,” wrote President Trump on Truth Social after the meeting. “The Philippines will pay a 19% Tariff. In addition, we will work together Militarily. It was a Great Honor to be with the President. He is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator..."

Full Story »
Jul 23 8:00 AM, Expana


Princes Acquires Historic Liverpool Building as New UK Headquarters

Yesterday, leading UK food and drink company Princes announced its purchase of the historic, Grade-I listed Royal Liver Building (RLB) in Liverpool, England for £60 million (USD $70.33 million).

According to the company, the acquisition is part of Princes’ broader £83 million (USD $97.29 million) real estate plan, which includes the purchase of Symington’s Cross Green facility in Leeds, England, for £23 million (USD $26.96 million). Also, acquiring the Cross Green site will further embed Symington’s business, which Princes already manages and operates, into...

Full Story »
Jul 22 12:22 PM, Expana


Subway Names Jonathan Fitzpatrick as Chief Executive Officer

Subway, one of the world's largest restaurant brands, today announced that Jonathan Fitzpatrick will join the company as Chief Executive Officer (CEO), effective July 28, 2025, following a comprehensive search.

With more than two decades of franchising and quick service restaurant experience, Fitzpatrick has a proven track record of elevating sales and operational performance across global networks. Most recently, he served as President and CEO of Driven Brands where he led a best-in-class team to 17 consecutive quarters of same-store sales growth...

Full Story »
Jul 22 8:41 AM, Expana


USDA Appoints New FSIS Administrator, Announces Five-Point Food Safety Plan

Last week, Dr. Justin Ransom assumed the role of FSIS Administrator, leading the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS). Under this role, Dr. Ransom will oversee the FSIS, ensuring the safety, wholesomeness, and proper labeling of U.S. commercial meat, poultry, and processed egg products.

The presidential appointment was first announced by U.S. Secretary of Agriculture Brooke L. Rollins on July 3, with Dr. Ransom officially assuming the role on July 14. 

The FSIS is a federal agency under the USDA responsible for ensuring food...

Full Story »
Jul 22 8:08 AM, Expana


FMI 2025 Report Highlights Food Industry Shifts Amid Consumer, Economic and Supply Chain Pressures

The Food Industry Association (FMI) has released its 76th annual report, “The Food Retailing Industry Speaks 2025,” offering a look into how the industry is advancing as the modern grocery experience continues to evolve.  

The report highlights strategies adopted by food retailers and suppliers, as they adapt to the shifting expectations of consumers, supply chain challenges, and economic pressures.  

Bracing for continued disruptions  

According to the report, about 80% of food retailers and suppliers expect trade policies and tariffs to affect pricing and...

Full Story »
Jul 18 11:29 AM, Expana


Kayem Foods Recalls Over 25,000 Pounds of Chicken Sausage Due to Contamination

Kayem Foods has announced a recall of approximately 25,173 pounds of ready-to-eat chicken sausage products.

The company notified the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) after receiving three customer complaints about finding white pieces of plastic in the sausage.

The recalled products are 11-ounce vacuum-sealed packages containing four pieces of “All Natural al fresco CHICKEN SAUSAGE SWEET APPLE with Vermont made syrup.”

These items were produced on June 28...

Full Story »
Jul 18 6:02 AM, Expana


ANALYSIS: May Sets Another Record Low in Turkey Slaughter as Tight Supplies Persist

May's turkey slaughter figures continue to represent the ongoing trend of tight supplies. For the tenth month in a row, a new seasonal record low has been set with May's figures coming in 11% below last year. The extremely limited availability of turkey meat has pushed quotations for 21 of Expana's lines to all-time highs and has resulted in Expana's turkey index reaching the second largest value on record, trailing only behind 2022.

During the month of May, there were still turkeys...

Full Story »
Jul 17 10:53 AM, Expana


Letters to Brazil: Trump Cites "Witch Hunt" While Charging 50% Tariff

US President Trump has charged 50% tariffs on Brazilian imports to the States, according to a letter to Brazilian President Lula.

This week, reciprocal tariffs were re-announced in the form of letters from the US Trump administration to trading partners who could not reach a deal within the previously granted 90-day pause. And what a fun week it's been for tariffs' "watchers on the wall."

Letters to 22 trading partners were sent with new tariff rates that will be implemented on August 1...

Full Story »
Jul 17 10:19 AM, Expana


UNFI Posts Solid Quarterly Results and Revises 2025 Outlook Following Cyber Incident

American grocery wholesaler United Natural Foods Inc. (UNFI) released its quarterly results and updated its full-year outlook for fiscal 2025 on Wednesday, following consistent success across three consecutive quarters.

“With a proven multi-year strategy and consistent execution through the third quarter of fiscal 2025, we are confident in our underlying momentum and our ability to achieve our multi-year financial targets at an accelerated pace compared to the initial targets we communicated in October 2024,” said Sandy Douglas, CEO of UNFI...

Full Story »
Jul 17 8:15 AM, Expana


The Retail Rundown: Summer Travel Drives Foodservice Gains as Retailers Compete for Shoppers

Foodservice is in full swing this summer, fueled by warm weather and vacation season as consumers hit the road and dine out. This Fourth of July, AAA estimated a record 72.2 million Americans traveled domestically—a 2.4% increase from last year and 7 million more than in 2019.

“This year, we're seeing strong demand for road trips, flights, and cruises, especially with the holiday falling on a Friday,” said Debbie Haas, Vice President of AAA Travel.

With so much consumer attention on travel and dining out, food...

Full Story »
Jul 16 8:08 AM, Expana


NCC Shares USDA’s Goals to Further Reduce Foodborne Illness

U.S. Secretary of Agriculture Brooke L. Rollins today announced a comprehensive plan to bolster the U.S. Department of Agriculture’s (USDA) efforts to combat foodborne illness while speaking at the opening of USDA’s new, modernized Midwestern Food Safety Laboratory in Normandy, Missouri.

“President Trump is committed to ensuring American consumers have the safest, most abundant, and affordable food supply in the world. When it comes to food safety, USDA is charting a bold new course in giving consumers confidence their meat, poultry, and egg products meet our...

Full Story »
Jul 15 4:01 PM, Expana


National Restaurant Association Applauds Trump Tax Bill for Boosting Industry Jobs and Growth

President Donald Trump’s One Big, Beautiful Bill features tax policies that will assist the restaurant and foodservice industry, the National Restaurant Association said.

The group stated that the bill will enable restaurant owners and operators nationwide to “create jobs, invest in their business, and provide certainty for their local economies.”

“The restaurant industry is a powerful economic engine – generating over $1.4 trillion in annual economic activity and employing more than 15 million people nationwide,” said Michelle Korsmo, President & CEO of the National Restaurant Association...

Full Story »
Jul 15 10:22 AM, Expana


Wayne-Sanderson Farms Named the "Official Chicken of the Southeastern Conference"

Wayne-Sanderson Farms, one of the nation's leading poultry producers, today announced a new multi-year sponsorship as the "Official Chicken of the Southeastern Conference (SEC)." This exciting collaboration unites two Southern icons, bringing delicious chicken and unforgettable experiences to college sports fans across the region.

"Wayne-Sanderson Farms is thrilled to team up with the SEC, a conference that shares our commitment to excellence and community," said Kevin McDaniel, President and CEO of Wayne-Sanderson Farms. "With 26,000 employees and...

Full Story »
Jul 14 12:09 PM, Expana


US Tariffs on Brazilian Imports Spark Cross-Commodity Concerns

On July 9, US President Donald Trump moved to raise tariffs on Brazilian imports to 50% starting August 1—up sharply from the 10% rate imposed in early April—sparking concerns in global markets, with potential ripple effects across commodities like orange juice, beef, coffee, sugar, and seafood.

These trade measures are raising alarms in export-dependent sectors and among US importers, with market participants saying the implications could be wide-ranging.

Brazilian President Luiz Inácio Lula da Silva said the country would respond to the newly announced tariff...

Full Story »
Jul 14 12:05 PM, Expana


Applebee’s Expands 2 for $25 Menu with New Entrées

Applebee’s is adding new options to its long-running 2 for $25 value menu, continuing a strategy that dates back to its original 2 for $20 deal launched in 2008. The offer aims to deliver accessible pricing amid shifting consumer demand and rising food costs.

The latest limited-time additions include two new entrees and a fan favorite:

  • Chicken Parmesan Fettuccine – Breaded chicken breast with marinara and Parmesan over fettuccine in a Parmesan cream sauce, served with a garlic breadstick.
  • Big Bangin’ Burger – Beef patty with American...
Full Story »
Jul 14 12:01 PM, Expana


ANALYSIS: Broiler Production Grows Steadily as Demand Advances

Broiler-type production posted modest growth in May, with 876 million chicks hatched, up 1 percent from the prior year. Eggs in incubators as of June 1 also rose 1 percent to 756 million, indicating stable short-term supply. However, pullet placements for future hatchery flocks declined 0.7 percent year-over-year. While this suggests a cautious outlook by producers, it may also reflect ongoing challenges with hatchability, which has trended historically low in recent months and continues to limit breeder productivity.

Domestic chicken demand remains strong, underpinned

Full Story »
Jul 14 9:46 AM, Expana


Trump Letters Reveal August 1 Tariff Rates for Key US Trading Partners

The Trump administration was busy after the Fourth of July holiday, as the President sent out a litany of letters to US trading partners revealing what their tariff rate would be starting on August 1.

Over the weekend, President Donald Trump and members of the administration announced that letters would begin rolling out showcasing new tariff rates for countries. The letters came at a rapid pace on Monday afternoon, with messages dispatched to the leaders of Japan, South Korea and South Africa, to name a few...

Full Story »
Jul 14 8:00 AM, Expana


Conagra Posts Decline in Sales and Profit for Q4 and FY2025

Conagra Brands has reported financial results for both the fiscal year and fourth quarter.

For the quarter, net sales declined 3.5%, driven by a 2.5% drop in volume and a 1.0% negative price/mix impact. Gross profit fell 12.1% to $707 million, as margins were pressured by inflation and weaker sales. Net income was $256 million ($0.53 per share), while adjusted EPS came in at $0.56. Adjusted EBITDA totaled $544 million.

For fiscal year 2025, net sales declined... 

 

Full Story »
Jul 14 8:00 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #17

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #17."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

This week, reciprocal tariffs were re-announced in the form of letters from the US Trump administration to trading partners who could not reach a trade deal within the previously granted 90-day pause...

Full Story »
Jul 10 1:38 PM, Expana


ANALYSIS: US Broiler Exports Slide in May as Seasonal Trends Reverse

US broiler exports totaled 509.9 million pounds in May 2025, reflecting a 7.1% decline year-over-year (YOY) and a 7.4% drop month-over-month (MOM). Notably, this monthly contraction stands in contrast to the five-year average MOM increase of 2.4% for May, indicating that this year's performance underdelivered compared to historical seasonal trends.

Mexico led all destinations, with the region absorbing 130.8 million pounds of US chicken in May. MOM movement rose 9.5% which is a stronger-than-typical increase compared...

Full Story »
Jul 10 10:16 AM, Expana


ANALYSIS: Volatile Market Conditions Shape US Turkey Exports in May

May’s export report showcases a volatile turkey export market. The total values follow a very similar trend as in past months, with a lower year-over-year (YOY) volume and a below-average month-over-month (MOM) change. This is primarily driven by the Mexican market, while the others show quite a bit more variability.

Based on the 5-year average, Mexico generally accounts for 69.2% of the total volume of turkey exported from the US during the month of May. This past May, they accounted...

Full Story »
Jul 10 10:11 AM, Expana


Trump Tariff Letters Continue to Roll Out; Philippines Faces 20% Tariff

President Trump has sent a new batch of letters to several countries, including the Philippines, notifying them of new US tariff rates set to take effect on August 1, giving them a short window to renegotiate trade terms before the deadline.

On July 8, Trump stated that a minimum of seven countries would be released, with an additional group to be released in the afternoon.

Despite multiple tariff implementation delays already, Trump was steadfast and set August 1 as a hard deadline in a social media...

 

Full Story »
Jul 10 7:46 AM, Expana


Former USDA Economist Looks at How Trade Disputes and Geopolitics Are Reshaping Agri-Food

As global supply chains face intensifying pressure from geopolitical tensions, climate variability and shifting consumer demands, agri-food leaders are constantly rethinking their procurement strategies.

At Expana’s Agri-Food Americas event on September 23-24 in Chicago, these themes take center stage in the panel discussion “How Geopolitical Uncertainty, Tariffs, and Trade are Impacting Food & Ag”.

Conflict and policy shifts can destabilize your supply chain and disrupt sourcing. This panel will offer expert insights into international affairs so you can adapt quickly...

Full Story »
Jul 10 3:53 AM, Expana


The Retail Rundown: Retailers Push Value to Maintain Protein Momentum

Retail meat clearance over the Independence Day holiday was generally strong, with consumers stocking up on grilling staples for the summer’s flagship cookout occasion.

With few major buying events remaining this summer, grocers will likely push aggressive features and highlight value finds to sustain shopper engagement through the dog days of summer.

Post-holiday protein advertisements show seafood maintaining the lead at 33.1% of retail features, followed by beef at 25.1% and pork at 21.5%. Chicken accounted for 16.2%, while turkey fell to just 2%—half of the previous week's...

Full Story »
Jul 9 8:29 AM, Expana


Wendy’s Names Interim CEO Amid Leadership Changes

Wendy’s announced the appointment of its Interim CEO Tuesday, following reports of its current President and CEO, Kirk Tanner's resignation. Tanner will depart for The Hershey Company effective July 18.

In response, the Wendy’s Board of Directors has launched a comprehensive search process to identify a permanent CEO.

Meanwhile, Chief Financial Officer Ken Cook has been appointed by the Board to serve as Interim CEO until Tanner’s successor is in place.

"It has been a privilege to lead Wendy's, an iconic brand, and I leave with a sense of gratitude...

Full Story »
Jul 9 8:00 AM, Expana


US to Impose 25% Tariff on Japanese and Korean Imports Starting August 1

President Donald Trump's tariff letters are being rolled out, with Korea and Japan at the forefront. In identical letters released on July 7, the administration announced that both countries will face a 25% tariff on all goods imported into the United States, effective August 1.

In identical letters sent to the leaders of both countries, Trump declared that the US would impose the tariffs “on any and all Korean (Japanese) products sent into the US,” including goods transshipped through third countries in an attempt to bypass the...

Full Story »
Jul 8 8:03 AM, Expana


ANALYSIS: Chicken Hatchery Figures Continue Steady Expansion

In a market shaped by choppy global demand, disease-related caution, and mounting trade tension, hatchery performance remains one of the few reliable signals in an otherwise murky landscape. Despite these external pressures, the chicken industry continues to expand, driven by steady domestic demand and a growing cost advantage over higher-priced beef and turkey.

According to the latest USDA data, egg sets for the week ending June 28 reached 252 million, a 2% year-over-year increase. This marks the 74th consecutive week of YoY gains and aligns with...

Full Story »
Jul 7 10:42 AM, Expana


US Pushes Tariff Deadline to August, Trump Administration Expects Surge in Deals

President Donald Trump said on July 6 that the US is nearing several new trade deals and that letters will be sent to trading partners by July 9, warning of increased tariffs set to take effect on August 1.

The move effectively extends the administration’s trade deadline from July 9 to August 1, giving Trump more time to finalize agreements. So far, the U.S. has signed just two deals—one with the United Kingdom and another with Vietnam, as Expana reported last week...

 

Full Story »
Jul 7 9:32 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #16

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #16."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Full Story »
Jul 3 2:23 PM, Expana


367,812 Pounds of Oscar Mayer Turkey Bacon Recalled Nationwide Over Listeria Concerns

According to the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), the Kraft Heinz Food Company is recalling approximately 367,812 pounds of fully cooked turkey bacon products due to potential contamination with Listeria monocytogenes, identified through laboratory testing.

The affected products were produced between April 24, 2025, and June 11, 2025. They were distributed to retail locations nationwide and exported to the British Virgin Islands and Hong Kong.

The recalled products include:

    • 12-oz. vacuum-packed packages of Oscar Mayer Turkey...

Full Story »
Jul 3 9:03 AM, Expana







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