States are Banning Sale of Lab-Grown Meat - Before it Hits Grocery Shelves

Lab-grown meat isn't on grocery store shelves in the United States and it isn't coming anytime soon, but two states have banned it and others are weighing similar moves.

The restrictions are a sign that traditional meat producers fear losing market share to these new products, but they've also been divisive. Some in the livestock industry question the precedent of these actions in GOP-led states, fearing they could embolden blue states to further regulate meat production, including how chicken and hogs are raised...

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Walmart Opens High Tech Fulfillment Center in Greencastle, Pennsylvania

Walmart associates were joined by local elected officials and community members today to celebrate the grand opening of a new 1.5 million square-foot fulfillment center 10 miles north of Hagerstown, located at 1915 Ebberts Spring Court in Greencastle. This next generation facility will enable the retailer to fulfill more orders, more quickly.

"This is an exciting day for Greencastle, and we are thrilled to be the new home of Walmart's newest state-of-the-art fulfillment center," said Antrim Township Board of Supervisors Vice Chairman, Patrick Heraty...

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May 17 1:43 PM, Urner Barry



American, Mexican, and Canadian Cattle Producers Sign Joint Statement Raising Brazilian Beef Concern

Today, leaders of the National Cattlemen’s Beef Association (NCBA), Confederación Nacional de Organizaciones Ganaderas (CNOG), and Canadian Cattle Association (CCA) signed a joint statement to continue advocating for greater oversight of emerging lab-grown proteins, protecting cattle from animal diseases, and promoting the sustainability of the cattle industry. This action builds on the recent statement signing with Cattle Australia and furthers the international partnerships between cattle producers.

“The signing of this joint statement is an important step that unites cattle producers across North America...

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May 17 8:00 AM, Urner Barry


HPAI H5N1 Virus in Dairy Cattle – What We Know

In March 2024, Highly Pathogenic Avian Influenza (HPAI) A (H5N1), commonly referred to as bird flu, was confirmed in domestic U.S. livestock for the first time in a dairy operation in Texas. Since then, the virus has spread to 36 dairy operations across nine states, raising widespread uncertainty throughout the dairy and livestock markets. Industry participants have raised concerns about the outbreak's potential impact on consumer perception and demand for dairy and meat products, though government agencies reiterate that the national food supply remains safe. Urner Barry is closely monitoring the situation...

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May 17 7:11 AM, UB Newswires


CJ Logistics America Opening Centrally-Located Cold Storage Warehouse in Kansas City

CJ Logistics America, a leading innovative supply chain and technology company, announced today that it will be opening a new cold storage warehouse in New Century, Kansas, just 30 miles outside of Kansas City. Developed in a joint venture by Yukon Real Estate Partners, a national cold storage developer, and BGO, a global leader in cold storage real estate, the project boasts a rail-served 291,000 square foot warehouse complete with Alta EXPERT refrigeration and is targeted to open its doors in Q3 2025.

 

 

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May 16 9:54 AM, Urner Barry


Perkins Restaurant & Bakery Heads to California With 10 Unit Development Deal

Perkins Restaurant & Bakery®, a leading family-dining restaurant serving homestyle comfort classics and fresh-from-the-oven pies, is thrilled to announce a milestone in its storied franchising history. The brand recently signed a groundbreaking 10 unit development deal, marking Perkins first foray into California and underscoring its commitment to bringing its beloved offerings to new communities.

The announcement comes at an exciting period of franchising for Perkins as the brand has experienced a record breaking year of growth....

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May 16 9:42 AM, Urner Barry


The Retail Rundown: Memorial Day Promotions; Latest CPI Data

Spring is in the air… and the first inklings of summer are making a reappearance too. Memorial Day is less than two weeks out and grocers are enthusiastically preparing for the official start of the grilling season.

Cookout staples like charcoal, outdoor serving ware, grilling cuts, and all things barbeque are migrating toward the front page of circulars, bringing increased visibility to the meat case, deli counter, and prepared foods sections of the store. 

In the week leading up to Memorial Day weekend last year, 78-84% lean ground beef was...

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May 15 8:45 AM, UB Newswires


2024 U.S. Grocery Shopper Trends Series: How Consumers Are Finding Value at the Grocery Store, FMI

Shoppers enjoy food shopping as much as ever, according to the latest annual survey by FMI – The Food Industry Association, conducted by The Hartman Group. The analysis kicking off this 2024 series, U.S. Grocery Shopper Trends: Finding Value, provides a crucial snapshot of consumer behavior and sentiment in the most frequently purchased consumer category amid ongoing concerns about the impact of inflation on the cost of groceries.

While consumer concerns about food inflation persist, FMI’s newly launched U.S. Grocery Shopper Sentiment Index, which accounts...

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May 15 8:00 AM, Urner Barry


McLane Announces Grand Opening of McLane Innovation Kitchen

McLane Company Inc., one of the nation’s largest distributors and an industry-leading partner to retail and restaurant brands nationwide, recently announced the grand opening of its Innovation Kitchen at the company’s headquarters in Temple, Texas.

Designed for customers as a full-scale replica of the complete c-store experience, this state-of-the-art space showcases how cutting-edge retail foodservice equipment and products seamlessly fit into various footprints and counter spaces while exploring the world of McLane Fresh, Emerging Brands and CVP private label brands...

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May 14 2:16 PM, Urner Barry


Pizza Hut Enters the Burger Business with New Cheeseburger Melt

Starting today, Pizza Hut is entering the burger business with a better way to burger. Introducing the new Cheeseburger Melt, a parmesan-crusted thin crust Melt folded and loaded with beef, applewood-smoked bacon, onions, mozzarella, and cheddar, served with Burger Sauce on the side. The savory, cheesy, crunchy menu item ditches the bun (say goodbye to soggy bun burger deliveries) and brings together a medley of flavors for those craving a cheeseburger all wrapped into a crispy thin crust. With this handheld, Pizza Hut has cracked the code...

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May 14 9:39 AM, Urner Barry


Jack in the Box Celebrates Jack Box’s Birthday With a Week of FREE Food

Jack in the Box, Inc. knows that birthdays should be birth-weeks. Jack Box, the chain’s beloved leader, is known for giving fans what they want, even on his own birthday. Jack Pack members can take advantage of daily free food offers from May 13 - 19 online and through the Jack app.

For the whole week of Jack Box’s birthday, Jack Packers will get rewarded each day with a new offer with any $1 purchase. Schedule of free offers include...

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May 14 8:00 AM, Urner Barry


ANALYSIS: Brazilian Beef Export Volumes Show a Robust 25% Monthly Growth in April

Despite the general sentiment of a softened market from key export destinations for the Brazilian beef, exports in April demonstrated a significant upturn, with total fresh beef exports reaching 208,053 MT, a 25.1% increase from previous month’s 166,303 MT. The significant rebound in export figures from March have surprised some stakeholders given the persistent talk about a subdued demand and pressured prices. Particularly from the Chinese market, a major trading partner of Brazil.

April’s overall market undertone diverged by some means from the increased export figures...

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May 14 8:00 AM, Urner Barry


ANALYSIS: Factors Influencing Mexican Ribeye Export Levels

The Mexican market has recorded its lowest export levels to the US in the last five years during 2024, primarily due to the strength of the peso in the exchange rate and increased demand in the Mexican domestic market. Despite this, the limited availability of materials in the USA has sustained interest in Mexican ribeyes.

Throughout the year, export price trends have mirrored those in the US market, particularly with select-type materials. Notably, this cut has shown remarkable price stability, maintaining consistent demand and demonstrating robust performance in the first quarter of...

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May 14 8:00 AM, Urner Barry


ANALYSIS: Impacts of Prop 12 Shape Memorial Day Outlook for Pork Ribs, Bacon and Butts

Memorial Day is traditionally celebrated as one of the major pork holidays each year. Ribs, bacon, and butts are all beloved staples of this popular weekend that marks the official start of summer. However, this year presents a unique situation due to rebounding cold storage levels post prop 12 proclamation, sow liquidations, and economic uncertainty, unlike the past few years.

The current values for bone-in butts show an increase of 3.9% compared to this time last year, and they are also 10.4% above the...

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May 14 8:00 AM, Urner Barry


McDonald 's Cooperating with Chinese Regulator After Reported Food Issues

White Castle, home of The Original Slider® and America's first fast-food hamburger restaurant, is recognizing National Slider Day on May 15 by treating Cravers to a complimentary Original Slider. No purchase is necessary. Customers will simply use a digital coupon available on White Castle's social media channels or enter the code SLIDERDAY on the app to redeem the offer.

Cravers visiting White Castle on National Slider Day on May 15 will receive a complimentary Original Slider.

White Castle introduced National Slider Day in May 2015 to honor the...

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May 13 2:54 PM, Urner Barry


Colombian Government Considers $5 Mln Investment in Agricultural Bio-Inputs Plant

The Colombian government is studying a potential USD $5 million investment to construct a public agricultural bio-inputs plant, based on information disclosed by the Ministry of Agriculture to Blu Radio.

This initiative forms part of Colombia's broader strategy to enhance its agricultural infrastructure and comes amidst escalating costs for key agricultural inputs such as urea, which have seen historical price surges due to global market fluctuations influenced by the Ukraine conflict.

The proposed plant aims to develop a range of products essential for local agricultural operations...

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May 13 10:22 AM, FeedInfo


Thrive Market Hires April Lane as Chief Merchandising Officer

Thrive Market, the healthy and sustainable online grocery store, has named April Lane its Chief Merchandiser. Lane brings decades of e-commerce experience to her role and has a significant track record of advancing e-commerce merchandising at scale.

As the Chief Merchandising officer, Lane will be responsible for the site’s merchandising, which spans Food, Home, Health, and Beauty. She will also manage the Food Safety and Quality (FSQA) team, which oversees food quality, safety, and regulatory compliance across all product categories, including both branded and owned brands...

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May 13 9:51 AM, Urner Barry


OLM Food Solutions Introduces Hot Stuff Kitchen Stuffed Bites

Performance Food Group company addresses need for quality, on-the-go snacks

OLM Food Solutions, a Performance Food Group company, is excited to announce the expansion of its snack offerings with Hot Stuff Kitchen Stuffed Bites. This product line pairs hearty portions of classic flavors with various doughs, from flaky pastry to buttermilk biscuits, which offers home-style taste and on-the-go convenience.

Created to meet America's growing demand for convenient, tasty snacking options, Stuffed Bites is designed with operational efficiency and market appeal in mind...

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May 13 9:25 AM, Urner Barry


ANALYSIS: Global Price Overview– Beef Knuckles

Urner Barry offers comprehensive beef price coverage across the world's largest markets. This analysis examines a popular cut, the knuckle, which is traded in different global regions. The report explores market conditions and price trends for knuckles, a round cut utilized in various applications such as processed steak items, ground beef production and for slicing and dicing.

To access the full range of Urner Barry's market insights, refer to our prices and market commentary. This includes coverage for U.S. Choice, Select, and Ungraded Boxed Beef, as well as U.S. Boneless Beef markets...

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May 10 3:14 PM, Urner Barry


Analysis: Rising Demand for U.S. Boneless Pork Butt in South Korea

Upon analyzing the USDA's year-to-date export data, there is a noteworthy increase of 70.6% in total weekly U.S. pork export volumes to South Korea compared to this same period last year. These exports have primarily consisted of pork butt items.

Conversely, year-to-date total beef exports to South Korea have decreased by 5.4% from the previous year. Elevated U.S. beef prices have led to a reduction in weekly export volumes to South Korea.

With dwindling pork supplies in the European market and high U.S. beef prices...

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May 10 10:31 AM, Urner Barry


ANALYSIS: Insights into Non-Fed Slaughter

The quotation for 90% Fresh Chemical Lean Beef Trimmings exceeding $3.00 per pound has historically been a rare occurrence, happening only four times prior to this year: in September 2014, January 2015, late Spring 2020, and early Fall 2023. However, since the start of February, prices have remained above this mark for 14 consecutive weeks as seen in Chart 1 below.

Chart 1. UB Beef Trim 90%

One significant factor driving these historically high prices is the slowing rate of cow and bull slaughter in the U.S. According to the...

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May 10 8:10 AM, Urner Barry


Packaged Facts Illuminates the State of the U.S. Food Market

Propriety survey shows that 53% of consumers are still very concerned about rising food prices.

In a dynamic landscape where food and beverage trends evolve faster than ever, Packaged Facts’ latest report, U.S. Food Market Outlook 2024: Opportunities & Challenges With Pricing, Convenience, Sustainability & More, provides a compass for industry players navigating uncharted waters.

The food industry faces unprecedented tests—from supply challenges and rising labor costs to changing consumer preferences and increasing need to address sustainability issues. Packaged Facts’ new report equips retailers, service providers, wholesalers, food processor...

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May 10 8:04 AM, Urner Barry


Podcast: Agri-Food for Thought Ep 9 - Rising Input Costs, feat. Special Weather Analyst

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May 10 8:00 AM, Urner Barry


Brazil's BRF Shares Rise Almost 14% After Strong Q1 Results

Shares in Brazilian pork and chicken processor BRF SA rose almost 14% in early afternoon trade on Wednesday after the company reported strong quarterly results on better pricing in export markets and lower grain costs.

The company said it earned a net 594 million real ($116.88 million) in the first quarter, which is seasonally weaker than the preceding one, beating the average of analysts' expectations of a 449.79 million real gain.

Analysts at BTG Pactual said in a note to clients that BRF's performance was "impressive."...

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May 9 10:21 AM, Urner Barry


B&G Foods Reports Financial Results for First Quarter 2024

B&G Foods, Inc. today announced financial results for the first quarter of 2024. Financial results for the first quarter of 2024 reflect the impact of the Green Giant U.S. shelf‑stable divestiture during the fourth quarter of 2023.

Summary

Guidance for Full Year Fiscal 2024

  • Net sales revised to a range of $1.955 billion to $1.985 billion.
  • Adjusted EBITDA revised to a range of $300 million to $320 million.
  • Adjusted diluted earnings per share revised to a range of $0.75 to $0.95...
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May 9 9:33 AM, Urner Barry


US Foods Reports First Quarter Fiscal Year 2024 Earnings

rew Net Sales 4.8% to $8.9 Billion and Gross Profit 4.9% to $1.5 Billion

Net Income of $82 Million

Grew Adjusted EBITDA 6% to $356 Million and Reaffirms Fiscal Year 2024 Guidance

Closed on IWC Food Service Acquisition in April

US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the first quarter fiscal year 2024.

First Quarter Fiscal 2024 Highlights

  • Net sales increased 4.8% to $8.9 billion
  • Total case volume increased 4.2%...
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May 9 9:20 AM, Urner Barry


Hormel Foods Announces Appointment of Colleen Batcheler as Senior Vice President

Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Colleen Batcheler has been appointed to the role of senior vice president, external affairs & general counsel.

In this critical role, Batcheler will oversee the organization's global Legal and External Affairs function, including corporate governance and securities, M&A, intellectual property, litigation, labor and employment, and legislative and regulatory affairs. She will report directly to Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods.

"I'm thrilled to welcome Colleen to...

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May 9 8:35 AM, Urner Barry

Clemens Food Group Acquires Kunzler & Company

Clemens Food Group of Hatfeild, Pennsylvania reported an acquisition of Lancaster based, Kunzler & Company, Inc.

Both Clemens and Kunzler have built success in the pork industry spanning over 120 years respectively, are family owned, and share core values which empasizes in family, team development and ethical business practices.

Clemens, the 5th largest pork processor in the US, will add to its portfolio three more processing plants, one in Lancaster and two in Tyrone. These locations help benefit the company's strategy to expand its support for Pennsylvania's agriculture and food processing industry...

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May 9 8:00 AM, UB Newswires


Monthly Import Cargo To Reach 2 Million TEU Through Early Fall

Monthly inbound cargo volume at the nation’s major container ports should consistently be above 2 million Twenty-Foot Equivalent Units through this summer and into early fall, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“We haven’t seen numbers this high for this many months in almost two years,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Regardless of what headlines about the economy might say, consumers are shopping and retailers are making sure they... 

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May 8 1:18 PM, Urner Barry


Burger King® Celebrates 70 Years With a New Birthday Pie Dessert and a Week Full of Delicious Deals

HAPPY 70th BIRTHDAY, BK! Burger King® is inviting Guests to celebrate its milestone birthday with an all new and festive dessert – the Birthday Pie Slice. Available for a limited-time at participating restaurants nationwide starting May 13, the new Birthday Pie Slice features a creamy birthday cake flavored pie-filling in a cookie crumb crust topped with rainbow-colored sprinkles, cake bites, and whipped topping.

The party doesn’t stop there! Burger King is best known for the...

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May 8 11:39 AM, Urner Barry


Brazilian Feed and Animal Protein Industries Face Disruptions Amid RS Worst Flood in History

Recent catastrophic rainfall across Rio Grande do Sul (RS), has caused what some are referring to as the worst floods in the history of Brazils most southern state. The city of Porto Alegre recorded alarming numbers where in just three days, 260 mm accumulated, equivalent to more than two months of precipitation.

Approximately 534,000 homes and businesses are without electricity, according to the Ministry of Mines and Energy. The National Municipalities Confederation noted financial damages surpassing R$ 559.8 million (Approximately $110 million)​​... 

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May 8 10:30 AM, FeedInfo


ANALYSIS: Tenderloin Prices Defy Springtime Expectations

Tenderloins have witnessed contra seasonal price movement ahead of, and throughout the traditional spring buying period. Urner Barry’s Choice Tenderloin quote entered 2024 at very similar levels seen at the onset of 2023, roughly $15.85/lb. Fast forward to the present and the item sits at $12.63/lb., a 20% drop in value through the first five months. At this point last year, tenderloins sat at $16.23/lb., about 22% above the current range and above the February trough. The item presently is also just shy of sitting 4% below the...

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May 8 8:00 AM, Urner Barry


The Retail Rundown: Showdown for Consumer Dollars this Mother's Day

Grocers and foodservice are preparing for a showdown with Mother's Day just a few days away. 

The upcoming holiday typically favors foodservice sales over retail as consumers celebrate their loved ones by visiting a dining establishment. According to the National Restaurant Association, 34% of consumers will dine out this Sunday, particularly during lunch and dinner. An additional 12% will order takeout or delivery.

However, retailers have a few tricks up their sleeves to get shoppers through the door by promoting deals on flowers, cards, gifts, and more. Grocers...

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May 8 6:49 AM, UB Newswires


Freddy's Launches Pretzel Bacon BBQ Steakburger & Chicken Sandwich 

Fast-casual restaurant concept Freddy's Frozen Custard & Steakburgers® announced today the return of its Pretzel Bacon BBQ Steakburger with the addition of a Pretzel Bacon BBQ Chicken Sandwich, as well as its new Freddy's Frost lineup, including Lemon Cream and Orange Cream. The limited-time offers are available May 8 through July 2 at all Freddy's locations nationwide via drive-thru, in-restaurant dining, and pickup or delivery through the Freddy's mobile app and at https://freddys.com.

Freddy's returning Pretzel Bacon BBQ Steakburger is made with two premium quality steakburger...

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May 7 11:54 AM, Urner Barry


The Wendy's Company Reports 2023 Corporate Responsibility Progress

The Wendy's Company released its 2023 Corporate Responsibility report today, highlighting continued progress against Good Done Right, the Company's corporate responsibility strategy. In the report, Wendy's® details progress the Company has made across initiatives focused on responsible sourcing, fostering equitable workplaces and communities, and reducing greenhouse gas (GHG) emissions from restaurant operations and the supply chain. In 2023, Wendy's also strengthened stakeholder collaboration – a key ingredient to advancements across its Food, People and Footprint pillars – particularly with franchisees and direct and indirect suppliers...

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May 6 10:29 AM, Urner Barry


Pizza Hut Announces Carl Loredo President of Pizza Hut U.S.

New Appointment Supports Pizza Hut’s Ambitious Growth Agenda

Today, Pizza Hut announced that Juan Carlos “Carl” Loredo will join the company as the President of Pizza Hut U.S., reporting to Pizza Hut Division Chief Executive Officer Aaron Powell, effective June 3. In this role, Loredo will assume responsibility for driving overall performance of the brand’s U.S. business.

“Carl comes to Pizza Hut with a strong track record of positioning brands for success and delivering results in highly competitive markets. He is adept at helping brands show up in novel and...

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May 6 10:15 AM, Urner Barry


Knock Dinner out of the Park with Beef

Spring means baseball and softball, and it also means the kickoff to summer grilling season. This year, the Beef. It’s What’s For Dinner. brand, funded by the Beef Checkoff, is excited to announce the perfect partnership between beef and baseball/softball as a proud partner of the Little League® World Series.

A favorite at the ballpark and at home, beef makes dinner easy. As the official sponsor of the Perfect Home Plate with Little League, the Beef. It’s What’s For Dinner. brand will make mealtime even easier with delicious, balanced recipe...

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May 6 8:00 AM, Urner Barry


ANALYSIS: Australia's April Beef/Veal Exports Surge, Narrow Miss from 2015’s Record Highs

Australia’s beef/veal exports for April rose a whopping 46.2% year-on-year to 105,367 mt (33,304 mt increase), narrowly missing record highs last seen in 2015, data from the Department of Agriculture, Fisheries, and Forestry (D.A.F.F) indicated.  

Industry players initially anticipated that Australia would break its April export beef/veal record this year. However, the latest Monthly Australian Meat Export figures fell short by 7,916 mt to surpass the previous record set at 113,283 metric tons, primarily due to lower volumes to key customer China...

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May 3 10:01 AM, Urner Barry


FSIS Issues Public Health Alert for Raw Pork Chorizo Products 

The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) is issuing a public health alert due to concerns of raw pork chorizo products that may be contaminated with a foreign material, specifically hard plastic and metal. FSIS is issuing a public health alert to ensure that consumers are aware that this product should not be consumed. A recall was not requested because the product is no longer available for purchase.

The raw pork chorizo items were produced on February 12, 2024. The following product is subject...

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May 3 9:04 AM, Urner Barry


Bird flu Outbreak in Dairy Cows Fails to Deter US Raw Milk Sellers

U.S. sellers of raw milk appear undeterred by federal health warnings for consumers to avoid drinking unpasteurized milk in light of a bird flu outbreak that has affected dairy herds in nine states and sickened at least one dairy farm worker.

Thirty of the 50 U.S. states permit the sale of raw milk, which accounts for less than 1% percent of U.S. milk sales. A nationwide survey of pasteurized milk - heated to kill pathogens - found avian flu virus particles in about 20% of samples tested...

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May 3 8:22 AM, Urner Barry


Cargill Meat Solutions Recalls Ground Beef Products Due to Possible E. coli O157:H7 Contamination

Cargill Meat Solutions, a Hazleton, Pa., establishment, is recalling approximately 16,243 pounds of raw ground beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced today.

The raw ground beef items were produced on April 26-27, 2024. The following products are subject to recall [view labels]:

  • 2.25-lbs. plastic-wrapped trays containing "93% LEAN 7% FAT ALL NATURAL LEAN GROUND BEEF" with lot code 117 and establishment number "EST. 86P"...
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May 3 8:00 AM, Urner Barry


Publix Reports First Quarter 2024 Results and Stock Price

Publix’s sales for the three months ended March 30, 2024 were $15.1 billion, a 5% increase from $14.3 billion in 2023. Comparable store sales for the three months ended March 30, 2024 increased 2.8%. The company estimates sales increased 1% due to the effect of the Easter holiday being in the first quarter of 2024. In 2023, the effect of the Easter holiday was in the second quarter.

Net earnings for the three months ended March 30, 2024 were $1.4... 

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May 3 8:00 AM, Urner Barry


Standard Meat Company Announces Appointment of Keith Blanks as Chief Commercial Officer

Standard Meat Company (SMC) Co-President Ashli Rosenthal Blumenfeld announced the appointment of Keith Blanks to the position of Chief Commercial Officer (CCO) at the family-owned firm.
Founded in 1935 and headquartered at the iconic Stockyards in Fort Worth, Standard Meat Company (SMC) is a meat processing and packaging firm with plants in Dallas, Fort Worth, Saginaw, and Ponder, Texas. An industry leader in quality and innovation, the company is a global supplier of custom meat portioning and packaging solutions for...

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May 2 11:44 AM, Urner Barry


Papa Johns Announces Kurt Milburn as Chief Supply Chain Officer

Papa John's International, Inc. today announced the promotion of Kurt Milburn to Chief Supply Chain Officer, succeeding Shane Hutchins, who will retire after 26 years at Papa Johns, where he served as Chief Supply Chain Officer since October 2018. Mr. Hutchins will continue to work with Papa Johns as a consultant on special projects and to ensure a smooth transition.

Mr. Milburn joined Papa Johns in 2022 as Vice President of Supply Chain Operations and since that time has taken on additional responsibility to include engineering and...

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May 2 11:32 AM, Urner Barry


Ventura Foods to Acquire DYMA Brands

Ventura Foods, a food manufacturing and innovation company specializing in custom and branded products for restaurants and retailers, has reached an agreement to acquire DYMA Brands.

Headquartered in Atlanta, Georgia, DYMA Brands is a leader in liquid portion control and bulk condiments, seasonings, and dry blend mixes for the foodservice industry. It has more than 500 employees and operates manufacturing facilities in Bremen, Georgia; Duluth, Georgia; Bondurant, Iowa; and Visalia, California.

All DYMA Brands employees and manufacturing locations will be acquired as part of the transaction. The DYMA Brands company will...

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May 2 8:00 AM, Urner Barry


Golden State Foods Promotes Mariana Manole to Senior Vice President, Global FSQR 

Golden State Foods (GSF), one of the largest diversified suppliers to the foodservice and retail industries, is pleased to announce the promotion of Mariana Manole to senior vice president, global Food Safety, Quality, and Regulatory Affairs (FSQR), as well as the appointment of Steve Ross as senior vice president, operations, Liquid Products North America (LPNA).

Based in Conyers, Georgia, Manole will serve as GSF’s chief quality leader, responsible for ensuring all worldwide manufacturing facilities and distribution centers meet food safety laws, federal, state, and local regulatory...

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May 1 12:35 PM, Urner Barry


The Retail Rundown: Maximizing May’s Buying Occasions

The grocery sector is maximizing several buying occasions this month as the change in weather and outdoor grilling season breathes new life into the meat case.

May brings about a seasonal shift as daily life bustles with spring activities like sports and outings—boosting the supermarket's convenience and snack food sections. Busy families will also frequent the deli counter more often and turn to quick dinners and frozen options for weekday meals.

Retailers are currently highlighting holiday items for Cinco de Mayo this Sunday. The upcoming holiday, which commemorates the anniversary of Mexico’s...

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May 1 8:15 AM, UB Newswires


Subway Sale to Roark is Complete

Transaction signals next phase of Subway’s journey, capitalizing on three years of growth

Subway®, one of the world’s largest restaurant brands, today completed its previously announced sale to affiliates of Roark.

The acquisition comes on the heels of Subway’s three exceptional years of sales growth and positive global net restaurant growth for the first time since 2016. The brand has continued to innovate in 2024, with the introduction of Subway Sidekicks, a hot new menu category, and a fresh lineup of signature wraps, served on a new lavash-style flatbread...

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May 1 6:58 AM, Urner Barry


Noelle O'Mara Named Executive Vice President of Conagra Brands

Conagra Brands, Inc. today announced the appointment of Noelle O'Mara as executive vice president & president, New Platforms and Acquisitions effective May 6.

In this role, O'Mara will have responsibility for identifying and scaling new organic growth platforms and acquisitions. This work will span strategy, product innovation, commercialization, synergy capture, and in-market execution.

"Noelle's leadership and track record of delivering results will be instrumental in advancing Conagra's ambition to further scale emerging brands while delivering an ambitious innovation and growth strategy," said Sean Connolly, president and chief executive officer, Conagra Brands...

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Apr 30 10:27 AM, Urner Barry


USDA Confirms Detection of Avian Influenza in Dairy Cattle in Colorado

Yesterday, the US Department of Agriculture’s (USDA) National Veterinary Services Laboratory (NVSL) confirmed a detection of Highly Pathogenic Avian Influenza (HPAI) H5N1 in dairy cows in Northeast Colorado. This is the first detection of avian influenza diagnosed in cattle in Colorado. Detections of HPAI in dairy cattle have occurred in eight other states.

On Monday, April 22, the Colorado State Veterinarian’s office received a notification of a dairy herd demonstrating clinical signs consistent with HPAI in cattle. Samples submitted to the Colorado State University Veterinary Diagnostic Laboratory tested presumptive positive for HPAI on April 24, and were confirmed by the USDA's National Veterinary Services Laboratory on April 25.

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Apr 30 8:00 AM, Urner Barry


802 VT Frozen Recalls Frozen Meat Pizza Products Due to Misbranding and Undeclared Allergens

802 VT Frozen, a Newport, Vt. establishment, is recalling approximately 8,221 pounds of frozen meat pizza due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains soy, a known allergen, which is not declared on the product label.

The frozen meat pizza item was produced from April 25, 2023, through April 25, 2024. The following product is subject to recall [view labels]:

  • 17.8-oz. cardboard box containing “802 VT Frozen MEAT!!! CRISPY WOOD-FIRED...
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Apr 29 9:01 AM, Urner Barry


ANALYSIS: Boneless Ribeye Prices Reflecting a Cautious Approach

Ribs have been tough items to get a pulse on this year as spending, production, and sentiment have all seen notable shifts in the past year. Uncertainty surrounding available cattle supplies and consumer willingness to spend on beef has prompted the market to take a much more cautious approach to the market and even more so around ribs. Urner Barry’s Choice Boneless Ribeye quote currently sits at $9.15/lb. compared to $10.23/lb. last year, which is about 10% lower...

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Apr 26 10:12 AM, Urner Barry


Makers of HORMEL® NATURAL CHOICE® Reintroduce Chicken and Roast Beef to Portfolio of Deli Products

The makers of the HORMEL® NATURAL CHOICE® brand, a trusted name in deli products and maker of 100% natural*, completely delicious deli meat, are excited to reintroduce two items to its appetizing lineup of deli options: Deli Roast Beef and Rotisserie Seasoned Deli Chicken Breast. These varieties join a wide-ranging portfolio of 100% natural* deli products, with no nitrates or nitrites added**, and no preservatives.

"We work hard to ensure that every product we provide is completely...

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Apr 26 8:01 AM, Urner Barry


Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers 

As the U.S. Department of Agriculture (USDA) issued a nationwide order including requiring lactating dairy cows to test negative for Highly Pathogenic Avian Influenza (HPAI) before interstate transport, the Meat Institute today said that properly prepared beef remains safe to eat and called for USDA and the Centers for Disease Control and Prevention (CDC) to provide worker safety guidance specific to beef processors to ensure workers are protected from infection.

“USDA and CDC are working overtime to understand the spread of the virus...

Full Story »
Apr 26 8:00 AM, Urner Barry


USDA Issues FAQ on Federal Order Requiring Bird Flu Testing in Dairy Cattle

On Wednesday, the U.S. Department of Agriculture (USDA) announced a Federal Order requiring mandatory testing of lactating dairy cattle for bird flu before interstate movement. Effective Monday, April 29, 2024, the order also mandates reporting positive influenza A test results in livestock to USDA’s Animal & Plant Health Inspection Service (APHIS). 

Highly pathogenic avian influenza (HPAI) causes less severe illness in cattle than in poultry, in which the virus is typically fatal, but remains a concern for livestock and humans who come into contact with infected animals...

Full Story »
Apr 26 7:31 AM, UB Newswires


Domino's® is Tipping Customers Who Tip Their Delivery Drivers

Domino's Pizza Inc. brought you Carryout Tips. Now the largest pizza company in the world, known for its value innovation, is launching You Tip, We Tip – a promotion that tips customers who tip their delivery drivers, beginning April 29.

"Domino's drivers have been hustling to deliver hot, delicious pizzas since 1960, and we love that customers have been tipping them for their great service since day one," said Kate Trumbull, Domino's senior vice president – chief brand officer. "But these days, everywhere you...

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Apr 25 11:20 AM, Urner Barry


ConSup North America Inc. Recalls Ready-To-Eat Sliced Prosciutto Product

ConSup North America Inc., a Lincoln Park, N.J. firm, is recalling approximately 85,984 pounds of ready-to-eat (RTE) sliced prosciutto ham product produced in Germany without the benefit of equivalent inspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The RTE sliced prosciutto ham item was produced on various dates from Sept. 25, 2023 through March 6, 2024. The following product is subject to recall [view labels]:

  • 5.29-oz. plastic packages containing “Stockmeyer PROSCIUTTO Product of GERMANY” with lot...
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Apr 25 9:14 AM, Urner Barry


ANALYSIS: Export Volume Challenges for Mexican Beef End Cuts

Throughout 2024, beef export levels from Mexico to the United States have been relatively low compared to previous years. This trend is largely attributed to the exchange rate, as the strength of the Mexican peso against the dollar has led to higher prices of Mexican items. Consequently, even though there is sustained demand for Mexican beef in the US, Mexican producers have been constrained in their ability to allocate beef for export, since sales in the Mexican domestic market are more profitable. This situation is particularly evident with end cuts...

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Apr 25 8:26 AM, Urner Barry


USDA Actions to Protect Livestock Health From Highly Pathogenic H5N1 Avian Influenza

To further protect the U.S. livestock industry from the threat posed by highly pathogenic H5N1 avian influenza, USDA is sharing a number of actions that we are taking with our federal partners to help us get ahead of this disease and limit its spread.

Today, USDA’s Animal and Plant Health Inspection Service (APHIS) announced a Federal Order requiring the following measures, effective Monday, April 29, 2024:

Mandatory Testing for Interstate Movement of Dairy Cattle

  • Prior to interstate movement, dairy cattle are required to receive...
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Apr 25 8:00 AM, Urner Barry


Hormel Foods Announces Retirement of Jeff Grev, Vice President of Legislative Affairs

Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Jeff Grev, vice president of legislative affairs, will be retiring after a 40-year career with the company. Chad Randick, director of strategy and current lead of the company's transformation and modernization initiative, will succeed Grev as vice president of legislative affairs.

As vice president of legislative affairs, Randick will assume responsibility for overseeing all state and federal legislative affairs, and regulatory affairs.

"Chad's deep knowledge of our business and leadership experience in finance, sales...

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Apr 24 10:18 AM, Urner Barry


The Retail Rundown: Abundance of Springtime Eating Occasions

There is an abundance of springtime eating occasions and grocers are gearing up for a triathlon of sorts with Cinco De Mayo, Mother’s Day, and Memorial Day fast approaching.

The produce section and the meat case are expected to benefit from Cinco de Mayo as those celebrating load up on beef, pork, and chicken for a variety of dishes like tacos, fajitas, burritos, and carnitas. These dishes are often accompanied by fixings like guacamole and salsa, boosting sales of avocadoes, mangoes, and more...

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Apr 24 10:05 AM, UB Newswires


Grocer Lowers Prices on Essential Basket Staples, Asking Customers to "Compare & Save" Versus National Brands

All customers will have access to new giant savings on Giant brands with hundreds of new lower prices. They simply need to look for the "Compare and Save" tags on items in every aisle. The Flexible Reward promotion allows customers to earn 2x the points on Giant brand item purchases. These points can then be redeemed for grocery savings, gas savings or unique product offerings during future trips.

"At Giant Food, we have always offered great savings to our customers through our...

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Apr 24 9:43 AM, Urner Barry


2 Feared Dead After Cargo Plane Crashes in Alaska

A Douglas DC-4 cargo plane crashed in the central Alaska Tuesday, killing two people onboard, local authorities said.

The plane took off in the morning from Fairbanks International Airport and crashed about 11 km from there, catching fire on a steep hill on the bank of the river and sending "a large plume of smoke," The Associated Press reported, quoting Alaska State Troopers as saying.

The National Transportation Safety Board (NTSB) was sending investigators to the site, said Clint Johnson, chief of the NTSB's Alaska...

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Apr 24 8:35 AM, Urner Barry


Analysis: Dollar to Peso Currency Conversion Impact on the U.S. Pork Bone-In Ham Market

Following the Easter holiday and into early April, the US 23/27 bone-in ham market displayed a fully steady to firm tone, with the majority of buying interest coming from the Mexican market. The Urner Barry weekly average price for bone-in hams for the week of April 8th, 2024 was the second highest on record for the month of April, dating back to 1981. This price was only exceeded during the 2014 Porcine Epidemic Diarrhea Virus (PEDv) outbreak, reflecting the tight supply...

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Apr 24 8:27 AM, Urner Barry


Perkins Restaurant & Bakery Is in Its Prime With Weeklong Juicy Deals in Honor of National Prime Rib Day

National Prime Rib Day is April 27, and Perkins Restaurant & Bakery®, a leading family-dining restaurant brand known for its homestyle meals and breakfast-all-day, is making it prime time all week long. Leading up to National Prime Rib Day, from April 22 to April 26, guests can visit a participating Perkins to enjoy 27% off all Prime Rib entrées. The deal gets even juicer on National Prime Rib Day as guests will enjoy a Buy One, Get One...

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Apr 24 8:02 AM, Urner Barry


Performance Food Group and Industry-Leading Partners Unveil Sustainable Distribution Center

Advanced Energy Machines, FreeWire, GridMarket and Volvo Trucks North America played key roles in facility transformation

In recognition of Earth Day 2024, Performance Food Group Company (PFG) (NYSE: PFGC), Advanced Energy Machines (AEM), FreeWire Technologies, GridMarket and Volvo Trucks North America, partnered to hold a special open house event at PFG’s Gilroy, CA facility to show how the companies have collaborated to help create a sustainable distribution center model of the future.

PFG is committed to mitigating its carbon footprint and being responsible stewards of the environment...

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Apr 24 8:00 AM, Urner Barry


The Makers of the HORMEL GATHERINGS® Brand Introduce Summer-Themed Hard Salami & Pepperoni Tray

With summer months right around the corner, the makers of the HORMEL GATHERINGS® brand are welcoming the season with the all-new, summer-themed Hard Salami & Pepperoni Tray, a perfect snacking solution for any summer shindig. Whether it's Fourth of July celebrations, or simply enjoying the company of family and friends on a pleasant summer evening, the Hard Salami & Pepperoni Tray is a convenient and delicious option to keep summertime snack cravings satisfied.

"Summer is the perfect time of year for people to get... 

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Apr 23 1:57 PM, Urner Barry


Vertical Cold Storage Surges to Sixth Largest Cold Storage Provider in North America

Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, moved from 15th to sixth on the Global Cold Chain Alliance’s (GCCA) North American Top 25 List of Refrigerated Warehousing and Logistics Providers. The company now has more than 77 million cubic feet of capacity in nine locations and employs more than 400 full-time team members.

In the past 12 months, Vertical Cold acquired MWCold in Indiana, purchased a second facility in the...

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Apr 23 10:32 AM, Urner Barry


Iconic Trio Alert: Taco Bell, Lebron James and Jason Sudeikis for a Taco Tuesday Experience

Taco Bell is bringing icons together to shake up Taco Tuesdays with a new offering that builds on its long history of satisfying cravings with unparalleled value. Available exclusively on Taco Tuesdays from April 23 through June 4, the new $5 Taco Discovery Box brings together three of Taco Bell's most iconic tacos, including the brand-new Cantina Chicken Crispy Taco, and a medium fountain drink, delivering value, variety and craveability in one simple bundle. The limited time offer is accompanied by...

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Apr 23 10:19 AM, Urner Barry


Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company's History

Armanino Foods of Distinction, Inc. reported its highest quarterly profits ever for the first quarter ending March 31, 2024. Armanino continued its profitability streak for the 83rd quarter in a row.

Net sales for the first quarter of 2024 were $15,720,317 compared to $16,351,866 for the same period last year, a decrease of 4%. Income before taxes for Q1 2024 was $3,116,504 compared to $2,561,406 for the same quarter in 2023, an increase of 22%. Net income for this period was...

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Apr 23 10:09 AM, Urner Barry


Flynn Group Expands Portfolio Through Acquisition of Applebee’s Restaurants

Signs Agreement with Applebee’s to Open 25 New Restaurants

Applebee’s, one of the world’s largest casual dining brands, recently signed an agreement with the world’s largest restaurant franchise operator, Flynn Group, with the goal to open 25 new Applebee’s restaurants in the U.S. over the next seven years. This expansion goal is part of Applebee’s development strategy to return the brand to net new unit openings.

Tony Moralejo, President of Applebee’s, said, "After 44 years as the neighborhood dining destination in America, this agreement reinforces...

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Apr 22 2:52 PM, Urner Barry


Kroger, Albertsons Companies and C&S Wholesale Grocers, LLC Announce an Update

Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns

The Kroger Co. and Albertsons Companies Inc. announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC for the sale of assets in connection with their proposed merger previously announced on October 14, 2022. This amended package modifies and builds on the initial divestiture package that was announced on September 8, 2023.

The amended divestiture package responds to concerns raised by federal and...

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Apr 22 10:32 AM, Urner Barry


Albertsons Companies, Inc. Reports Fourth Quarter and Full Year Results

Albertsons Companies, Inc. today reported results for the fourth quarter of fiscal 2023 and full year fiscal 2023, which ended February 24, 2024.

Fourth Quarter of Fiscal 2023 Highlights

  • Identical sales increased 1.0%
  • Digital sales increased 24%
  • Loyalty members increased 16% to 39.8 million
  • Net income of $251 million, or $0.43 per share
  • Adjusted net income of $318 million, or $0.54 per share
  • Adjusted EBITDA of $916 million

Fiscal 2023 Highlights

  • Identical sales increased 3.0%
  • Digital sales increased 22%...
Full Story »
Apr 22 10:04 AM, Urner Barry


FSIS Issues Public Health Alert for Ground Beef Products, Possible E. Coli O157:H7 Contamination

The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for ground beef products that may be contaminated with E. coli O157:H7. FSIS is issuing this public health alert to ensure that consumers are aware that these products should not be consumed. A recall was not requested because the products are no longer available for purchase.

The raw ground beef items were produced on March 28, 2024. The products have a...

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Apr 22 9:03 AM, Urner Barry


Cow-to-Cow Transmission Confirmed as a Factor in Spread of H5N1

In an update provided by the USDA, the agency confirmed that cow-to-cow transmission is a factor in the spread of H5N1 bird flu in dairy herds.

However, it remains unclear exactly how the virus is being moved around. “We know that the virus is shed in milk at high concentrations; therefore, anything that comes in contact with unpasteurized milk, spilled milk, etc. may spread the virus,” explained the USDA.

The government stressed the importance of biosecurity, including the movement of people, animals, vehicles, and...

 

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Apr 22 8:13 AM, UB Newswires


White Castle Celebrates the 20th Anniversary of "Harold & Kumar Go to White Castle"

"Harold & Kumar Go to White Castle" could be described simply as a movie. But for many people, the story about two average guys on an odyssey to follow their Crave can be classified as a magnum opus. Beginning April 20, White Castle, the iconic American fast-food restaurant, will celebrate the 20th anniversary of the theatrical release by New Line Cinema of "Harold & Kumar Go to White Castle" with treats for fans visiting their neighborhood Castle or their favorite local grocer's freezer aisle...

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Apr 22 7:55 AM, Urner Barry


Grubhub Brings Grocery to its Marketplace with Mercato Partnership

Grubhub and Mercato, an online marketplace for independent grocery stores, have partnered to bring Mercato's inventory of more than 950 merchants across the country to the Grubhub Marketplace. Customers can order from hundreds of locations today, with all merchants becoming available over the next few weeks. With this first-ever third-party delivery partnership for Mercato, Grubhub is expanding its Marketplace selection, and providing even greater value for its customers by now offering grocery, convenience and alcohol merchants. Mercato's merchants can grow their business and e-commerce footprint with access...

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Apr 19 2:46 PM, Urner Barry


Gopuff Partners with Misfits Market for Nationwide Launch of 300+ Fresh Grocery Items

Gopuff today launched a comprehensive and affordable Fresh Grocery assortment powered by Misfits Market. Combining Gopuff's leading instant delivery with great value driven by Misfits Market’s differentiated sourcing model, the partnership will deliver an extensive range of more than 300 items, including fresh fruit and vegetables, dairy, meat, poultry, fresh bread and more, to customers’ doors in as fast as 15 minutes.

“We are thrilled to unveil our Fresh Grocery initiative today. By capitalizing on our vertically integrated model and expansive scale...

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Apr 19 9:18 AM, Urner Barry


Lineage Logistics Announces Rebranding, Changes Brand Name to Lineage

Lineage, one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide, has announced a rebranding, formally changing its brand name from Lineage Logistics to Lineage.

Established in 2012, the Lineage name reflects the company’s unique legacy and expertise in the interconnected world of cold storage and logistics. The company’s shield logo signifies the generational and entrepreneurial commitment of the many companies that have been welcomed into the Lineage family through over 110 acquisitions to form Lineage with the shared charge of keeping the global food supply safe and...

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Apr 19 8:53 AM, Urner Barry


Volatile Pig Market Means Quality & Trust Are Critical When Selecting Feed Additives, Says Novonesis

With the swine market enduring ongoing volatility, producers face profitability challenges and are ever more driven to ensure they can make optimal use of their biggest cost: feed. When selecting a feed additive which helps achieve this, predictability and consistency are crucial.

In today’s Industry Perspectives piece, Novonesis’s Dr. Lea Hübertz Birch Hansen, Global Technical Product Manager, Swine, and Lena Raff, Senior Portfolio Manager, Swine, present their view on the current and future market situation while discussing the ongoing focus on delivering high quality...

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Apr 18 8:13 AM, FeedInfo


Cargill and Nestlé Purina Partner on Regenerative Agriculture Adoption to Reduce Carbon Footprint

Investment in regenerative agriculture is estimated to reduce the carbon footprint of Purina’s U.S. grain supply from Cargill by up to 40 percent over the next three years

Nestlé Purina is investing in farmer adoption of regenerative agriculture practices across the company’s corn and soy supply chains through a new partnership with Cargill, one of the largest ingredient and agricultural solutions companies in the U.S. This work will support soil health and reduce the carbon footprint for Purina dry pet food products across North America...

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Apr 16 1:21 PM, Urner Barry


ANALYSIS: Beef Herd Dynamics – Heifer Slaughter Rates Remain High

Amidst historical lows in the U.S. cow herd population, market observers have noted a significant uptick in the price of Fresh 90% lean boneless beef trimmings, marking nine consecutive weeks of higher weekly weighted averages. The latest Urner Barry weekly weighted average quotation is reported at $3.4936 per pound, an all-time high. This trend traces back to herd liquidation beginning in 2019, spurred by drought conditions across major cattle-producing regions and subsequent elevated feed costs, which disincentivized producers to maintain herd size...

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Apr 16 8:53 AM, Urner Barry


Dine Brands Releases 2023 Environmental, Social, and Governance (ESG) Report

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, released its 2023 ESG report which speaks to priorities and progress within the focus areas of People, Planet, Food, and Governance.

“Dine Better, Together is how we describe our intention to combine business growth and competitive strength with our ESG commitments,” says John Peyton, CEO of Dine Brands. “At Dine we remain motivated to provide more than an exceptional dining experience, and we...

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Apr 16 8:06 AM, Urner Barry


Urner Barry Presents Historic Awards to Industry Professionals at Executive Conference

Plus, Rising Star Award presented to industry up and comer

The 48th annual Executive Conference is underway at The Venetian in Las Vegas. Urner Barry is proud to host industry executives from the poultry, egg, and red meat industries in 2024 for this premier event. Day one kicked off with opening remarks from Urner Barry host, Russ Whitman, followed by Dr. David Kohl as the morning’s keynote speaker.

Following Dr. Kohl’s remarkable session on agricultural economics and the business trends to expect in the coming years, it was time for the annual awards ceremony. Each year, Urner Barry recognizes two exceptional individuals for their work and service to the industry—the Poultry Person of the Year and the Egg Person of the Year...

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Apr 16 8:00 AM, Urner Barry


Executive Conference: Jeff Saturday on Communication and Collaboration on and off the Field

It’s day one at Urner Barry’s 48th Annual Executive Conference at The Venetian in Las Vegas! Russ Whitman, Director of Market reporting, delivered the opening ceremony to a jam-packed room, where hundreds of industry stakeholders and analysts gathered to share their expertise and gain insights from today's speakers. 

Dr. David Kohl, Economist, kicked off the agenda with his panel titled: Agricultural Economics and Business Trends for the Late 2020s: What Is Coming Next? An Academic Hall of Famer in the College of Agriculture at Virginia Tech...

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Apr 16 8:00 AM, UB Newswires


US Demand Spurs Australian Beef Exports

Prices of Australian beef export have been on the rise, despite tepid consumer demand in the Asian Pacific food service sector. Overall consumption has been subdued due to cautionary spending and inflationary economic headwinds.

Selling indications of 95CL boneless beef has tipped over the $300/cwt CIF NE Asia for the first time this week since the start of the year, driven by the rally in US beef prices.

Strong March 2024 export figures have provided a substantial confidence boost to Australian exporters to drive plans for operational expansion...

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Apr 15 10:23 AM, FeedInfo


Introducing Domino's® New York Style Pizza

Craving a delicious, new crust that is thin and cut into big, foldable slices? Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, has you covered. Introducing New York Style Pizza: a pizza that is designed to be even more delicious, whether you hail from New York City or beyond.

Domino's New York Style Pizza is made with fresh, never frozen dough that is stretched thin, by hand. It is topped with a melty blend of cheese made with 100% real mozzarella and provolone, and cut into six big, foldable...

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Apr 15 9:59 AM, Urner Barry


Online Grocery Delivery Services Market size is set to grow by USD 652.45 billion from 2023-2027

Albertsons Companies Inc., Alibaba Group Holding Ltd. and Amazon.com Inc., and more to emerge as Some of the Key Vendors, Technavio

The global online grocery delivery services market size is estimated to grow by USD 652.45 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.43% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental...

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Apr 15 8:00 AM, Urner Barry


Good Times Restaurants Reports Second Fiscal Quarter Same Store Sales

Good Times Restaurants Inc., operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales1 increased 0.9% for its Good Times brand and decreased 3.2% for its Bad Daddy’s brand compared to the same prior-year fiscal quarter and average weekly sales2 were $27,133 and $50,880 for its Good Times and Bad Daddy’s brands, respectively, for its second fiscal quarter ended March 26, 2024.

Ryan Zink, President and CEO, said “The strength of our Good Times brand is clearly evident from...

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Apr 12 9:27 AM, Urner Barry


CNBC/NRF Retail Monitor Shows Retail Sales Grew in March Amid Wage Gains and Easing Inflation 

Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.

“As inflation for goods levels off, March’s data demonstrates steady spending by value-focused consumers who continue to benefit from a strong labor market and real wage gains,” NRF President and CEO Matthew Shay said. “In this highly competitive market, retailers are having to keep prices as low as possible to meet the demand of...

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Apr 12 8:28 AM, Urner Barry


ADM Animal Nutrition Expands Recall to Include 17 Additional Lots of Chicken, Swine and Rabbit Feed 

ADM Animal Nutrition, a division of ADM , is expanding the recall announced on March, 30, 2024, to include the following additional products due to elevated levels of magnesium, sodium, calcium and/or phosphorus: Pen Pals® Chicken Starter-Grower (Product Nos. 70009AAA46 and 70009AAA44); Pen Pals Egg Maker Complete (Product No. 70010AAAE4); MaxLean GF Concentrate (Product No. 12354AAA); ShowTec Sow Ration with Thermal Care (Product No. 12343AAA); ShowTec BB 18 BMD (Product No. 18241AGNE4); ShowTec BB 18 BMD/DBZ (Product No. 18241PLM)...

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Apr 12 7:11 AM, Urner Barry


Shoppers Believe Government Policies and Actions Most Responsible for Higher Prices in Supermarkets 

The Feedback Group, a leader in providing actionable stakeholder feedback, today released new findings from national research conducted with 1,150 consumers about their experience shopping in supermarkets for food and groceries.

Government Policies and Actions Top List of Factors Responsible for Higher Prices at Supermarkets
Supermarket shoppers rated a variety of entities and factors, on a five-point scale where five is "highly responsible" and one "not at all responsible", as to their degree of responsibility for higher prices in supermarkets. Viewed as most responsible, government policies and actions received the highest mean score (3.86). Product manufacturers and suppliers scored second most responsible (3.75), followed more distantly by wars and worldwide political conflicts (3.42), supermarket retailers (3.40), and labor supply shor

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Apr 12 7:11 AM, Urner Barry


NRF Announces Promotion of Chief Lobbyist

The National Retail Federation today announced the promotion of David French from senior vice president to executive vice president of government relations and executive director of the National Council of Chain Restaurants. Since joining NRF in 2011, French has led the organization’s advocacy strategy to advance the retail industry’s legislative priorities.

“As NRF’s chief lobbyist, David is a great partner of many years who has done an incredible job with public policy efforts that support retailers and the millions of people they employ and the communities they serve,” NRF President and...

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Apr 11 9:43 AM, Urner Barry


ANALYSIS: Raw Material Costs in the QSR Sector - Beef Versus Chicken

Fast food restaurants have garnered a lot of attention in recent months due to increasing menu prices.  We thought it would be worthwhile to examine the costs for different ingredients used by the sector, particularly focusing on raw protein materials required for staple menu items. 

For this analysis, we concentrate on hamburger formulations using a 75% lean point. Cost ratio values below one indicate that a hamburger made exclusively from domestic boneless beef provides greater economic value, while values above one suggest that alternative options...

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Apr 11 8:11 AM, Urner Barry


NCBA Urges USDA to Reverse Decision to End Reporting of Critical Cattle Industry Data

Today, the National Cattlemen’s Beef Association (NCBA) criticized the U.S. Department of Agriculture National Agricultural Statistics Services’ (USDA-NASS) decision to cancel the July Cattle Report and discontinue the County Estimates for Crops and Livestock, among other changes. These reports provide critical data and the decision to end them is completely misguided.

“It is disingenuous for the same agency which touts its commitment to transparency in livestock markets to arbitrarily cease publication of reports which provide just that...

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Apr 11 8:00 AM, Urner Barry


Dickey’s Barbecue to Expand Partnership with Sam’s Club

Dickey’s Barbecue Pit is thrilled to continue growing their retail presence with Sam’s Club.

Starting in April 2024, the Texas-style barbecue brand is expanding their partnership into an additional 30+ Sam’s Club stores throughout Montana, Louisiana, New Mexico, Central and South Texas Regions. Sam’s Club shoppers can purchase Dickey’s world famous, original polish smoked sausage ropes in the popular 36oz Club Pack and show off their backyard pit master skills from the comfort of their own homes.

“We are pleased to now be offering the Dickey’s...

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Apr 11 8:00 AM, Urner Barry


Highly Pathogenic Avian Influenza Confirmed in North Carolina Dairy Herd

Highly pathogenic avian influenza (HPAI) was detected in a dairy herd in North Carolina on April 10, bringing the number of states with confirmed cases of HPAI in livestock to seven. 

HPAI has previously been detected in nine dairy herds in Texas, three in Kansas, two in New Mexico, and one each in Michigan, Idaho, and Ohio. The movement of cattle from affected herds in these states to North Carolina has been suspended. 

“This is an evolving situation, and we are waiting for more diagnostics from NVSL and will work collaboratively with our federal partners and dairy farmers in North Carolina,” said Agriculture Commissioner Steve Troxler...

Full Story »
Apr 11 7:07 AM, UB Newswires


Kroger Kicks Off a Latin Flavor Take Over Four-Week Event

The Kroger Co. today announced it is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and explore the vibrant world of Latin flavors waiting for them at Kroger.

"This event is a celebration of a culture and flavors that inspires togetherness and a passion for food," said Dan De La Rosa, Kroger's group vice president of Fresh Merchandising. "We hope to curate an experience that promises to spark a new culinary adventure...

Full Story »
Apr 10 3:23 PM, Urner Barry


Rerouting Trucks and Ships Away from Baltimore: What Early Data Shows

As the days add up after the March 26 collapse of the Francis Scott Key Bridge, companies that gather data from trucks and supply chains are beginning to get an idea of where trucks are rerouting in the catastrophe’s wake. Data on ship rerouting is less conclusive.

While some of that data is clear, a lot remains murky as shippers and carriers figure out how to loosen the logistical choke points the collapse created.

One of the clearest data series in the market, because it is fed...

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Apr 10 9:15 AM, Urner Barry


The Retail Rundown: Competitive Prices Drive Traffic; CPI Update

The coming weeks and months present favorable weather conditions for grilling and travel, considered supportive of protein sales from both a retail and foodservice standpoint. And with a few notable items displaying comparatively attractive prices, the retail sector is well positioned to capitalize on pent-up grilling demand.

Below, we’ll explore a few notable items featured near or below year-ago levels last week, when some households celebrated Easter.

First up is beef ribeye, which averaged $10.79 discounted, down $2.24, or 17.2% from a year ago. Beef...

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Apr 10 9:05 AM, UB Newswires


Import Cargo To Hit 2 Million Containers For First Time Since Last Fall

Next month’s inbound cargo volume at the nation’s major container ports is expected to top 2 million units for the first time since last fall as imports grow despite new supply chain challenges, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“U.S. imports are continuing to increase despite another disruption impacting U.S. ports,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “As retailers have adjusted to limits...

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Apr 10 9:00 AM, Urner Barry







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Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

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