ANALYSIS: Brazilian Beef Exports fall 11.2% M-o-M in December, but Reach Record High in 2024

Brazilian beef exports dropped for the second consecutive month after hitting record high figure in September. According to the latest data released by the Brazilian Ministry of Development, Industry, Trade and Services, shipments of fresh beef (frozen and chilled) totaled brazil202,567 MT last month, marking a monthly 11.2% decline from November’s 228,129 MT, and 2.8% lower compared to the same period last year. On an annual basis, this accounts for 2.55 million MT of beef exported last year, showing a notable 27% increase...

ANALYSIS: Economic Headwinds Drag China’s 2024 Meat Imports Down 9.7% to 6.66M mt

China’s 2024 total meat imports, including variety meats amounted to 6.66 million metric tons (mt), falling 9.7% compared to the previous year, according to the latest preliminary data from the General Administration of Customs of the People's Republic of China.

As the world’s largest meat importer since 2019, China’s meat imports in 2024 decreased for the fourth consecutive year. From the spillover effects of its recovery from African Swine Fever (ASF) and stockpiling efforts in 2023 to increased domestic production, economic challenges...

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 925 dairy operations across 16 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. Expana is closely monitoring the situation...

Panera Bread Announces New Leadership Additions to Marketing and Culinary Teams

Panera Bread, a leader and pioneer in the fast casual restaurant industry, today announced two new leadership appointments in marketing and culinary with the addition of Robin Seward as Senior Vice President, Brand and Integrated Marketing, and Scott Uehlein as Vice President, Culinary. Both leaders joined Panera in early January and report to Chief Marketing Officer Mark Shambura.

Robin Seward joins Panera as Senior Vice President, Brand and Integrated Marketing. A seasoned leader and brand strategist, Seward oversees all strategic marketing planning, including consumer insights, product...

Hormel Foods Chairman, President and CEO James P. Snee to Retire at End of Fiscal Year

Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that James P. Snee, chairman of the board, president and chief executive officer, will retire at the end of fiscal 2025, following a distinguished 36-year career with the company.

The Board has formed a search committee and will benefit from its existing CEO-succession process to identify Snee's successor. Internal and external candidates are being considered. Snee has agreed that once his successor is named...

UP Products, LLC, DBA Meyer Wholesale Recalls Ready-To-Eat and Raw Sausage Products

UP Products, LLC, doing business as Meyer Wholesale, a Ewen, Mich. establishment, is recalling approximately 400 pounds of sausage products due to misbranding and an undeclared allergen, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced today. The products contain soy, a known allergen, which is not declared on the product labels.

The ready-to-eat pork and beef Polish sausage and raw pork and beef potato sausage items were produced on various dates from October 30, 2024, through January 7, 2025...

GAO Submits FDA Recommendations to Congress for Increased Inspection Efforts

On January 8, 2025, the U.S. Government Accountability Office (GAO) released its Q&A report to Congress, titled “Food Safety: FDA Should Strengthen Inspection Efforts to Protect the U.S. Food Supply.”

FDA inspections fail to meet mandated annual targets

The U.S. Food and Drug Administration (FDA) is responsible for ensuring the safety of nearly 80% of the nation’s food supply including fruits, vegetables, processed foods, and most seafood.

Since 2007, the FDA has been on the GAO's High-Risk List, which highlights 37 areas across the federal government that are...

Red Robin Gourmet Burgers, Inc. Reports Preliminary Revenue Results for the Fourth Quarter 

Red Robin Gourmet Burgers, Inc. ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers and American favorites in a family-friendly atmosphere, today reported preliminary, unaudited revenue results for the fourth quarter ended December 29, 2024.

Preliminary Revenue Results for the Fourth Quarter of Fiscal 2024 as Compared to the Fourth Quarter of Fiscal 2023:

• Total revenue is expected to be approximately $285.2 million, a decrease of $23.8 million, primarily due...

Domino's® Kicks Off the New Year with 50% Off Pizza Deal

Domino's Pizza Inc., the largest pizza company in the world, is celebrating the new year by launching a delicious deal: 50% off all menu-priced pizzas ordered online Jan. 13-19.

"The holidays are over, but to us, the party has just begun," said Frank Garrido, Domino's executive vice president – chief restaurant officer. "Domino's is celebrating the new year by giving customers a deal that'll make their taste buds jump for joy. All pizzas are half off, so customers can enjoy any size pizza...

1 in 6 Adult Americans Replaced Meals With Snacks in 2024: Euromonitor International

One in six adult residents of the United States is replacing their daily meals with snacks, data analytics company Euromonitor International has revealed

According to Euromonitor International’s World Market for Snacks 2024 report, 18% of adult Indians, 17% of adult Americans and 13 % of adult Britons have been replacing their meals with snacks, as convenience-oriented lifestyle changes favour snacking and consumer purchases continue to be impacted by economic uncertainty.

Carl Quash III, head of snacks at Euromonitor International, said: “Consumers have been under...

New Cases of Foot-And-Mouth Disease in Germany; First Since 1988  

German authorities reported at least three cases of Foot-and-mouth disease (FMD) virus in water buffalo in Hoppegarten, just west of Berlin, on January 10. But up to 14 animals are potentially infected, a World Organisation for Animal Health (WOAH) report shows.

FMD is a “highly contagious viral disease of livestock that has a significant economic impact,” and it can affect cloven-hoofed animals, including cattle, sheep, goats, or pigs, according to the German Federal Research Institute for Animal Health (FLI)...

Shake Shack Names Justin Mennen as Chief Information and Technology Officer

Shake Shack Inc. today announced the appointment of Justin Mennen as Chief Information and Technology Officer, effective January 13, 2025. Mennen will report to Rob Lynch, CEO of Shake Shack, and will oversee all aspects of technology.

“Justin brings a wealth of experience as a technology leader to Shake Shack, along with an impressive track record of driving innovation across industries,” said Lynch. “He’s joining us at a pivotal time in our growth, and we’re confident his expertise will play a key role in...

ANALYSIS: Early-Year Trends in Fats and Tallows

The by-products market enters 2025 with divergent trends between fats and tallows, following a particularly quiet end to 2024, where most participants maintained cautious positions amid policy uncertainties. Key industry concerns revolve around potential changes in oil trade dynamics and domestic energy policies, which could significantly influence market direction. 

Choice White Grease shows increased downward pressure as the year begins, reflecting efforts to stimulate buying interest and manage inventories. By contrast, the tallow market demonstrates notable firmness, with both renderer and packer grades strengthening as...

Pat Hafner Elevated to President of Outback Steakhouse

Bloomin' Brands has announced the promotion of Pat Hafner to Executive Vice President, President of Outback Steakhouse, the company’s flagship brand. In this new role, Hafner will oversee all operations and drive the continued growth and development of the Outback brand.

Hafner’s journey with Bloomin’ Brands began in the restaurant as a server at Outback Steakhouse. Over the years, he steadily advanced through a series of roles, including Manager, Managing Partner, Joint Venture Partner, and Regional Vice President.

In 2018, Hafner expanded his resume by joining Carrabba’s...

Firehouse Subs® Sets Sights on Brazil with Ambitious Expansion Plans

Today, the Firehouse Subs® brand announces its entry to Brazil building on its international expansion. The brand plans to open more than 500 restaurants in 10 years across the country. The first restaurant is expected to launch in 2025 and will mark Firehouse Subs debut in South America.

Founded in Jacksonville, Florida, in 1994 by two former firefighter brothers, Firehouse Subs is celebrated for its premium sandwiches, made using a unique cooking method unlocking juicier flavors by steaming the meats and cheeses...

ILA and USMX Avoid Work Stoppage with New Six-Year Contract

The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) reached a tentative agreement on all items for a new six-year Master Contract on January 8, per a joint press release.

The two sides agreed to continue to operate under the current contract until the union can meet with its full Wage Scale Committee and schedule a ratification vote, and USMX members can ratify the terms of the final contract, per the joint statement.

“We are pleased to announce that ILA and USMX have reached a...

ANALYSIS: Australia’s Beef Boom Sets 2024 Exports Record at 1.34M mt

Australia’s 2024 beef and veal exports scaled to fresh new highs to 1.34 million metric tons (mt), according to data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

Pegging its annual growth at an impressive 24.1%, shipments jumped 261,163 mt compared to the same period last year. Following the 2019–2020 drought years, Australia in 2024 reaped the benefits of its herd rebuilding effort with record-high production levels, which supported strong export growth throughout the year.

The slump in US production...

ANALYSIS: First Edition of Expana's Monthly Pet Food Market Insight

Welcome to the Pet Food Market Insight report, your essential guide to navigating the dynamic and ever-evolving pet food industry. In this comprehensive report, we provide you with critical price and supply insights that are crucial for making informed decisions in today’s competitive market. These numbers are monthly averages, taken at month’s end. Whether you’re a manufacturer, supplier, or retailer, staying ahead of market trends and understanding the fluctuations in raw material costs, supply chain challenges, and consumer preferences...

Teamsters and Costco at an Impasse Ahead of Contract Deadline 

The International Brotherhood of Teamsters has announced that negotiations with Costco reached an abrupt standstill on January 7, 2025.

Tension ignited with parties after Teamsters filed unfair labor practice charges against the company, citing incidents such as the expulsion of union representatives, harassment of employees wearing union buttons, removal of union literature, and changes to locks on union bulletin boards.

After weeks of discord, Costco rejected several key proposals put forth by the Teamsters, including vital language concerning seniority, inclement weather policies, paid family leave, bereavement policies...

CME Group Announces Trading Hours for U.S. National Day of Mourning to Honor Former President Carter 

CME Group, the world's leading derivatives marketplace, has announced that it will honor the passing of former President Jimmy Carter by implementing an early close for agricultural, equity and interest rate markets on the National Day of Mourning on Thursday, January 9, 2025.

U.S. equity markets will be open until 8:30 a.m. CT on January 9. All U.S. equity options expiring on January 9 will be moved to expire on January 8.

Interest rates and agricultural markets... 

USMEF Explores Market Potential in Morocco During USDA Trade Mission

Risk mitigation and an underdeveloped supply-chain are among the market development challenges in this vital distribution hub for western Africa.

USMEF was among the 50 ag companies and organizations that recently visited Morocco during a trade mission hosted by USDA. Foreign Agricultural Service Administrator Daniel Whitley led the delegation, which participated in business-to-business meetings, met with Moroccan government officials, studied transportation logistics and visited retail and foodservice outlets in Casablanca. USMEF Africa Representatives Matt Copeland and Monty Brown, and USMEF Director of Trade Analysis Jessica Spreitzer... 

Einstein Bros. Bagels Celebrates National Bagel Day with Free Egg Sandwich

This National Bagel Day, everyone who's ready to give up a New Year's resolution that has them eating cardboard-tasting breakfast cereal can now embrace their cravings. Beginning January 15, Einstein Bros. Bagels Rewards members can 'give it up for Einstein Bros.' with a Free Egg Sandwich with purchase when ordering ahead in the app or online this month.

"Studies show that nearly half of New Year's resolutions are abandoned by the end of January," said Hector Briones, Chief Marketing Officer at Einstein Bros. Bagels. 

New Report: Walmart Increasing in Popularity Amidst Rising Prices

According to Packaged Facts’ new report The Walmart Grocery Shopper: Consumer Insights and Competitive Strategies, consumers have continued to be worried about the rising cost of food on top of already-high prices after excessive inflation hit consumer food budgets in 2022. Rising prices can be especially concerning for low-income households due to not having a lot of disposable income and families with children since they have more mouths to feed.

Higher costs have led to many consumers changing their thinking and behavior, including measures such as...

The Retail Rundown: Post-Holiday Slowdown Influences January Spending 

January typically marks a slowdown in consumer spending as households transition from the holiday season to their regular routines.

Early in the month, retailers experience a short-lived boost in sales, driven by replenishment efforts after the holiday food rush. As schools reopen and guests leave, families restock essentials for breakfast, lunch, and weeknight meals.

This restocking coincides with New Year’s resolutions, especially those focused on healthier eating. Consequently, shoppers gravitate toward the perimeter of the stores where fresh items, including produce, proteins, and dairy, are featured. Although retail...

USDA Imposes Animal Import Restrictions on Belize Due to Screwworm Threat

The United States Department of Agriculture's (USDA) Animal and Plant Health Inspection Service (APHIS) issued a statement on January 7, 2025 regarding live animals originating from or transiting Belize.

Based on the confirmation of New World screwworm in cattle, restrictions have been imposed, effective January 3, 2025 until further notice on the importation of animal commodities.

The restriction omits the importation of dogs who carry a certificate confirming the animal has been inspected for screwworm within 5 days prior to its shipment to...

Panera Brands Announces Leadership Change, Appoints Paul Carbone as Interim CEO

Panera Brands, one of the world’s largest fast-casual restaurant platforms and the parent company to Panera Bread and Caribou Coffee, has announced a change in leadership.

José Alberto Dueñas, who served as CEO of Panera Bread for just over a year and a half, is stepping down from his role.

During his tenure, Dueñas earned praise from Board Chair Patrick Grismer for his efforts in revitalizing the company’s menu, improving business margins, and strengthening organizational structure. Grismer noted that Dueñas successfully positioned the...

Vertical Cold Storage Opens 10th Facility in Kansas City

Vertical Cold Storage, in collaboration with Platform Ventures, a real estate investment firm, has officially launched its 10th facility, a state-of-the-art multi-distribution center in Kansas City.

The facility is strategically located at 14820 Cleveland Ave, Kansas City, MO, next to the Canadian Pacific Kansas City (CPKC) intermodal terminal and within 30 miles of key BNSF, Union Pacific, and Norfolk Southern rail terminals.

Spanning over 311,000 square feet, the new center is expected to create more than 100 full-time jobs. Equipped with...

ILA and USMX Set to Resume Talks as Port Strike Threat Looms

Talks between the International Longshoremen’s Association (ILA), the union representing over 45,000 dockworkers from Maine to Texas, and the United States Maritime Alliance (USMX) are set to resume on January 7.   

ILA and the USMX reportedly met in private on January 5 as both sides try to reach an agreement over the primary automation issue that has been raised since talks last stalled in November, according to industry publication FreightWaves.

The contract between the ILA and USMX, which represents ports and ocean carriers, expires on January 15...

Olymel Unveils New Brand Image

Canadian poultry and pork company Olymel announced a major rebranding, marking another milestone in the company's evolution.

Transformation objective

The main objective is to highlight the quality of Olymel products, while making the brand more visible, contemporary and attractive.

"In changing our brand image, we wanted to further highlight the quality of our products, already recognized internationally for their excellence. It was essential that this new corporate image reflects both our commitment to quality and the

new direction we've taken, while respecting the essence of what makes us who we are...

Smithfield Foods Files Registration Statement for Proposed Initial Public Offering

Smithfield Foods, Inc. (the "Company"), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") to sell shares of its common stock in an underwritten initial public offering. The Company's existing shareholder, identified in the registration statement, is also expected to sell shares of the Company's common stock in the proposed offering. The timing, the number of...

Top 10 Stories from 2024 on Expana

It was a big year for the food and agriculture industry. Below are some of the biggest headlines that sent shockwaves through the trade... 

ANALYSIS: US Egg Prices Soar as Production Hits Eight-Year Low Due to HPAI Outbreaks 

May 30, 2024: “Over the past two weeks, U.S. shell egg prices have soared by 45%, largely due to the ongoing spread of Highly Pathogenic Avian Influenza (HPAI), more commonly known as bird flu. The bird flu has been spreading across the US since February 2022—though not consistently..."

Fall in Love with Applebee’s in 2025 with The Really Big Meal Deal and Valentine’s Day Drink Specials

Applebee’s is the place to be in 2025 with its unbeatable Really Big Meal Deal for only $9.99, in addition to the return of its Smoocho Sips cocktails and mocktails! But that’s not all – things are heating up with Applebee’s NEW Sizzlin’ Caramel Apple Pie for $5.99 and NEW Hot Honey Chicken & Bacon Skillet.

Big in size, flavor, and value, Applebee’s is extending its Really Big Meal Deal for only $9.99, which includes...

For the Ultimate in Fine Dining on Valentine's Day, Reserve Your Table at White Castle

You can't put a price on love except, perhaps, when it comes to dining out.

This Valentine's Day, White Castle is here to remind people that celebrating romance doesn't have to come with a hefty price tag. Why drop a fortune on a typical dinner when you can enjoy all the flavorful, festive and fun vibes at White Castle — without breaking the bank?
White Castle, home of the iconic Original Slider, is once again hosting...

FSIS Issue Public Health Alert for Contaminated Ground Beef Products from Stockyards Packing 

The USDA's Food Safety and Inspection Service (FSIS) has  announced a public health alert concerning possibly contaminated fresh and frozen ground beef products. The product is no longer available to purchase so a recall was not issued.

This problem came to light after a customer reported hard plastic and metal in the meat to the company.

The ground beef was produced on December 10, 2024 and bears establishment number "EST. M2035" inside the USDA mark of inspection...

Chipotle X Strava Partnership Goes Global: Introducing "The City Challenge"

Chipotle Mexican Grill today announced that its partnership with Strava, the app for active people with more than 135 million users in more than 190 countries, is back and bigger than ever in 2025. Chipotle is launching its first-ever international Strava segment challenge for participants to compete to win free Lifestyle Bowls for a year, plus free Chipotle for their city.2 New in 2025, the initiative extends beyond the U.S., connecting and motivating Chipotle's running community across 25... 

Americans Turn to Frozen and Dairy Aisles to Keep Resolutions

As millions of Americans begin tackling their New Year's resolutions today, new research reveals the frozen and dairy aisles are becoming important destinations for achieving health, budget and convenience goals. According to a survey commissioned by the National Frozen & Refrigerated Foods Association (NFRA), 66% of Americans say pre-portioned ingredients help them achieve their health goals, while 75% cite cost savings as a top reason for choosing the frozen and refrigerated aisles - signaling a continued shift in shopping and eating habits...

Meat Institute Promotes Bryan Burns to General Counsel and Welcomes Nicole Johnson-Hoffman as COO

The Meat Institute Announce new General Counsel and Chief Operating Officer

First, Bryan Burns has been promoted to General Counsel. He has been with the company for two years and has occupied the role of Vice President and Associate General Counsel prior to his promotion.

He serves as the liaison for several committees, including Worker Safety, Environmental, and Labor & Employment, and has managed key regulatory issues, including EPA guidelines and OSHA regulations. Burns has also focused on educating members about child trafficking... 

Sodexo to Launch 100 ‘Food Hive’ Community-Oriented Campus Convenience Stores by 2026

Sodexo, a leader in foodservice for campuses across the U.S., announces the company’s goal of opening nearly 100 “Food Hive” markets at colleges nationwide by 2026. Sodexo’s current goal of opening approximately 30 locations during the 2024 – 2025 academic year is underway. Food Hive is Sodexo’s lightning-fast and cashless payment convenience experience with a community focus, supporting local partners and minority- and women-owned businesses by featuring their products and other healthy options for students.

“We know that Gen Z prefers shopping...

Arcos Dorados and McDonald’s Renew Master Franchise Agreement for 20 Years

Arcos Dorados Holdings Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee announced that, on December 30, 2024, it renewed its Master Franchise Agreement (“MFA”) with McDonald’s (NYSE: MCD).

he parties have finalized a new, 20-year MFA, that became effective on January 1, 2025, and replaced the previous MFA. The new MFA also includes a renewal option, at McDonald’s discretion, for a new, 20-year MFA, beginning January 1, 2045...

ANALYSIS: China's Beef Imports Under Scrutiny: Overview of Historical Data of Key Suppliers

China's Ministry of Commerce has formally initiated an investigation into the surge of beef imports, which domestic stakeholders claim is causing severe harm to local industries. The application, submitted by major agricultural and livestock associations, outlines a detailed case for imposing safeguard measures under the nation's trade remedies legislation. This move comes in response to a significant rise in beef imports with lower pricing of imports undermining the domestic market...

White Castle's All-Day Breakfast Menu Brings Back French Toast Sliders to Kick Off 2025

White Castle, America's first fast-food restaurant and home of the real all-day breakfast menu, is ready to take taste buds on a delectable journey with the limited time return of the French Toast Slider. Because White Castle isn't afraid to push the boundaries, this sweet treat, like all breakfast menu items, can be enjoyed morning, noon, and even at Night Castle!

The French Toast Slider is a Slider sized Cinnamon Swirl French Toast sandwich layered with a fresh cracked egg, American cheese...

Maersk Advises Cargo Removal as Threat of US Port Strikes Persists

Major shipping firm Maersk has advised its customers to remove cargo from US East and Gulf Coast ports, in preparation for potential strike action by port workers in mid-January.

Negotiations between the International Longshoremen’s Association (ILA) union and the employers’ representative the United States Maritime Alliance (USMX) on a new contract for port workers appear to have stalled, with the deadline of January 15, 2025, looming.

In a customer advisory statement released on December 30, Maersk said, “If no agreement is reached by [January 15], a coast-wide...

Crave Hot Dogs and BBQ Expands its Footprint Nationally with Locations in Walmart

Crave Hot Dogs and BBQ is making significant strides in expanding its presence across the United States with select sites inside Walmart stores. Known for its 100% all beef grilled specialty hot dogs and a variety of barbecue dishes, Crave offers diverse menu options such as Chicago Dogs, Mac N Brisket Bowls, Ribs, and more. The concept also features local craft beers on tap and activities like axe throwing and events such as trivia and karaoke, fostering a family-friendly...

ANALYSIS: Brazilian Beef Exports Slide 15.6% M-o-M in November 2024

Brazilian beef exports slowed down notably in November after hitting record highs in previous months this year. According to the Brazilian Ministry of Development, Industry, Trade and Services, last month’s exports of fresh (frozen and chilled) beef totaled 228,129 MT, down by 15.6% compared to October’s 270,331 MT, and 21.4% higher than the equivalent month last year. Year-to-Date, Brazilian shipments reached 2.3 million MT, which already surpasses the total volume exported in all of 2023 by 16.9%, heading towards a new annual record high...

ANALYSIS: US 2024 Choice Brisket Prices Firm in December

With the year-end holidays coming to a close and St. Patrick’s Day on the horizon, it’s the perfect time to take a closer look at a crowd favorite, the choice brisket. This item entered 2024 on a strong note, starting at $3.74/lb, a significant 29% increase compared to the previous year. However, brisket prices peaked in January at $3.89/lb before declining to their yearly low of $3.24/lb in mid-February as demand softened after the holiday season...

USMEF: Training Program Aims to Grow U.S. Beef and Pork’s Presence in Indonesia

The ASEAN American Epicurean Table program delivers customized training and promotional programs for targeted importers and their customers.

A new promotional program is expanding in Indonesia that helps importer partners grow their businesses by training their customers how to be more profitable with U.S. beef and pork. ASEAN American Epicurean Table (AAET) was rolled out recently through eight day-long training sessions in Jakarta, Surabaya and Bali over several weeks. Nearly 250 participants included representatives from three targeted importers and their customers, who represented...

Restaurants and Grocers Gear Up for 2025: A Focus on Tech, Value, and Wellness

Against the backdrop of a turbulent economic landscape, 2024 saw the food industry grappling with rising inflation, geopolitical uncertainties, and the US presidential election's impact on key global commodity markets. For consumers, tighter budgets drove a heightened focus on value, with many turning to private-label brands, budget-friendly meal solutions, and bulk purchasing. Simultaneously, the demand for transparency, sustainability, and innovation continued to shape purchasing decisions, even as affordability took center stage. 

As we look ahead to 2025, value remains...

Premium Brands Holdings Corporation Announces Strategic Transactions

Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, announced today that it has completed the following strategic transactions:

- The acquisition of NSP Quality Meats (NSP), a cooked protein and deli meats manufacturer with plants located in Oklahoma, Texas and Missouri

- The acquisition of Casa Di Bertacchi (Casa), a manufacturer of branded and private label cooked protein products with a plant in New Jersey

- The acquisition of Italia Salami (Italia), a manufacturer of authentic dry cured Italian salami with a plant in Ontario...

Billions in Aid Approved for US Farmers

As a government shutdown loomed, the US Congress passed spending legislation named the American Relief Act which was signed by President Biden on December 21, 2024. For agriculture and food-related commodities, this legislation contains one-time economic assistance payments, disaster relief payments, as well as partial funding from the rolled-over farm bill.

Part of the funding approved was $10 billion to support some American farmers across the nation. Within 90 days, economic assistance payments will only be dealt to farmers of eligible commodities like corn, soybeans, wheat, rice, canola, mustard...

HelloFresh Introduces Resolution-Approved Offerings for Easy, Nutritious Home Cooking

Just in time for New Year’s resolutions, HelloFresh, the world’s leading meal kit company, is introducing wholesome new offerings for home cooks who want easy, homemade meals with little to no prep–especially on their busiest days. Whether choosing from a delicious meal ready in three minutes with no cooking required, or a simplified recipe that involves just five minutes of prep and minimal cleanup, getting a nutritious, quality meal on the table has never been easier or more convenient.

HelloFresh Unveils Delicious Ready Made Meals Served in Three Minutes

For those who want a flavorful, chef-crafted meal fast, the heat-and-eat Ready...

Butterfly Acquires the Duckhorn Portfolio of Wines for $1.95 Billion

On Christmas Eve, the Los Angeles-based Butterfly Equity acquired a Californian wine maker known as the Duckhorn Portfolio, according to a media alert. The all-cash deal valued Duckhorn at $11.10 per share or approximately $1.95 billion.

Duckhorn encompasses 2,200 acres of vineyards throughout California, Oregon, and Washington state. The company sells brands like Decoy, Sonoma-Cutrer, Postmark, and more. Originally, Duckhorn Vineyards started in 1976 as a family-owned company founded in Napa Valley. Today, their wines are available throughout the US...

Totino’s Pizza Rolls Announces Big Game Ad Debut; General Mills Returns to Football’s Biggest Night

On February 9, Totino’s Pizza Rolls will tackle the 2025 Big Game with a touchdown-worthy debut. For the first time, football fans will see Totino’s Pizza Rolls in prime time on sport’s biggest night, marking General Mills’ return to the Big Game after more than a decade.

This announcement underscores General Mills’ continued investment in building iconic brands, making everyone’s favorite epic and snackable pizza bites the first in the frozen pizza category to advertise in the Big Game...

No USDA Market Reports on Christmas Eve Due to Federal Holiday

President Joe Biden recently issued an executive order declaring Christmas Eve, December 24, 2024, as a holiday for federal employees, with exceptions for those in national security, defense, or other public need. 

Under Donald Trump's previous presidency, federal employees were given Christmas Eve off in 2018, 2019, and 2020, while President Barack Obama designated December 26, 2014, as an additional holiday. 

As the USDA observes Christmas Eve this year, no USDA market reports will be released tomorrow. However, Expana's market assessments and...

ANALYSIS: Peak Season Lifts New Zealand’s Nov 2024 Beef Exports 39.4% M-o-M to 38,576 mt

New Zealand’s November 2024 beef exports rebounded a whopping 39.4% month-on-month (m-o-m) to 38,576 metric tonnes (mt), according to the latest Stats NZ data.

Increasing by 10,907 mt from October 2024’s five-month decline, the key driver was increased production as New Zealand exits from its off season. In line with seasonal output trends, the higher tonnage saw high volumes shipped to all key destinations such as the United States (US), China, Japan and Korea...

PODCAST: Agri-Food for Thought Ep 20 - Christmas Food Trends

In this episode, we look at the cost of commodities for Christmas Dinner 2024. Featuring special guests from the beef and cattle sector, analyzing trends in this key category as we head into the new year. 

From Jamie and Simon, thank you to all our listeners for joining us in 2024, we can't wait to show you what we have in store for 2025! 

Urner Barry by Expana Closed Wednesday, December 25, 2024

Urner Barry by Expana will be closed on Wednesday, December 25 in observance of Christmas. Coverage will resume Thursday, December 26. 

Happy Holidays!

ANALYSIS: China’s Nov 2024 Beef Imports Hit 11-Month Highs at 261,343 mt

China's beef imports rose for the second consecutive month in November 2024, reaching 261,343 metric tons (mt), the highest level since January, according to data from the General Administration of Customs of China (GACC).

Climbing by 10.1% month-on-month (m-o-m), the tonnage was up by 24,079 mt amid higher volumes from Brazil, its largest supplier, along with notable contributions from Argentina, Uruguay and the United States (US).

Year-on-year (y-o-y), imports grew by 10.4% (+24,678 mt) driven primarily...

Over 10,000 Pounds of Meat Products Recalled for Misbranding and Lack of Inspection 

The United States Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS) have announced two recalls for meat items since Friday, December 20.

First, Ralph's Packing Company recalled 3,132 pounds of ready to eat pork and beef bologna due to misbranding and undeclared allergens. The establishment notified FSIS that the labels applied to the product did not declare a known allergen it may contain, milk.   

Those items have been produced since September 2022 and may be frozen. The recall includes...

Threat of Further US Port Strikes Looms Over International Shipping

Ongoing discord between the International Longshoremen’s Association (ILA) union and the employers’ representative the United States Maritime Alliance (USMX) threatens to further disrupt international freight, as the potential for renewed strike action at US ports looms ahead of a mid-January contract negotiations deadline.

Major shipping firm Maersk issued a statement on December 19  advising customers to prepare for further strike action, “It is possible that the ILA will again begin a coast-wide strike on January 16. As the January 15 deadline approaches, we recommend that customers make...

EU Chicken Production to Grow in 2025

According to the United States Department of Agriculture (USDA), European Union (EU) chicken production is forecast to reach 11.5 million metric tonnes in 2025, marking a 1.3% year-on-year increase. Post-COVID market conditions in the EU have been favorable for more affordable animal proteins such as chicken and eggs. Despite challenges like food inflation and rising energy costs, EU chicken consumption is expected to remain strong in 2025, which will likely sustain overall chicken demand and support production.

Poland is expected to remain the EU's top chicken producer, accounting... 

Polish Cattle Prices Decline in mid-December 2024

Polish cattle prices fell by 2.6% month-on-month (m-o-m), reaching €5.2/kg during the week of December 11, 2024. Although Turkey is expected to be the primary growth market for Polish beef, export expansion is anticipated to extend to countries like China and Vietnam, for which Poland has recently secured veterinary approval. Despite the rise in exports, Polish cattle prices have declined in recent weeks.

The Polish dairy sector is undergoing significant restructuring, with efforts focused on building its dairy herd and phasing out less... 

Impact of the EU-Mercosur Agreement on EU Beef Market

After 25 years of negotiations, the European Union (EU) and the Southern Common Market (Mercosur), comprising Brazil, Argentina, Uruguay, and Paraguay, reached a landmark free-trade and cooperation agreement on December 6, 2024. In 2023, EU agri-food exports to Mercosur totalled €3.2 billion, and the new EU-Mercosur Free-Trade Agreement aims to substantially increase these exports by removing high tariffs on key EU export products. The following article examines the potential impact of the deal on the beef market...

Potential Impact of a Government Shutdown on USDA Reports

With a potential government shutdown looming, U.S. Department of Agriculture (USDA) data on livestock and meat markets, along with numerous other reports and statistics, may become unavailable until further notice.

As Congress races to reach an agreement before the midnight deadline to avoid a shutdown, industry stakeholders are increasingly aware of the importance of maintaining access to unbiased market intelligence to operate effectively. 

In the event of a shutdown, USDA food inspectors and federal animal care workers will remain on duty, but most other federal employees will not be at work...

US Department of Labor Announces Settlement with Amazon 

The U.S. Department of Labor today announced that the Occupational Safety and Health Administration and Amazon have entered into a corporate-wide settlement to help better protect employees from hazardous working conditions leading to serious lower back and other musculoskeletal disorders at Amazon facilities. The settlement agreement resolves the department’s multiple ergonomics cases against Amazon.com Services LLC, in the first major multi-site investigation brought by OSHA in over a decade.

The parties had been scheduled to begin trials in 10 cases before the Occupational Safety and...

Darden Restaurants Report Strong Q2 Results with 6.0% Sales Growth

Darden Restaurants reported a 6.0% increase in total sales for Q2 which ended November 24, reaching $2.9 billion, with same-restaurant sales up 2.4%.

Olive Garden generated $1.292 billion in sales, LongHorn Steakhouse brought in $710.1 million, and the company’s Fine Dining segment earned $306 million.

In addition, Darden’s Board of Directors declared a quarterly cash dividend of $1.40 per share on the company’s outstanding common stock.

"We had a strong quarter and I am pleased that our four largest brands...

FDA Updates “Healthy” Food Definition for US Food Products

Officials from the FDA updated the organization’s definition of the word “healthy,” according to an FDA constituent update. 

A food product’s packaging can bear the word “healthy” if the food adheres to specified limits for saturated fats, sodium, and added sugars. Additionally, “healthy” food contains “at least one of the food groups or subgroups (such as fruits, vegetables, fat-free and low-fat dairy, etc.) recommended by the Dietary Guidelines,” according to the FDA’s new definition. 

For example, a “healthy” grain product should not contain more than 5% saturated fat...

Teamsters at Sysco Houston Authorize Strike

Over 430 drivers, warehouse workers, and mechanics represented by Teamsters Local 988 have voted overwhelmingly to authorize a strike after Sysco failed to present an acceptable contract offer.

"Nothing our members are demanding is unreasonable," said Robert Mele, President of Local 988. "These workers want what everyone in this country deserves: fair wages, quality health care, and a secure retirement. If Sysco refuses to get serious at the bargaining table, we are ready to hold them accountable for their greed."

The Teamsters represent more than 10,000 workers at Sysco...

Michael C. Creedon Jr. Elevated to Permanent CEO of Dollar Tree After Successful Interim

Dollar Tree has announced the appointment of Michael C. Creedon, Jr as its permanent Chief Executive Officer. The board agreed unanimously on this promotion citing that Creedon had earned their trust and respect and that they had confidence in his ability to guide the company’s growth and success.

Creedon joined Dollar Tree in 2022 as Chief Operating Officer. He was appointed interim Chief Executive Officer in November succeeding Rick Dreiling and has since led more than 200,000 associates and more than...

BRF Enters Gelatin and Collagen Market with Gelprime Investment

BRF announced the acquisition of a 50% stake in Gelprime on 17 December, representing a BRL 312.5 million (approximately US $51 million) investment and marking the company’s entry into the gelatin and collagen market. The deal positions Gelprime as a joint venture between BRF and Viva, a Brazilian leather producer formed through the merger of Viposa and Vancouros in 2022.

Established in 2019 and headquartered in Londrina, Paraná, Gelprime holds a 2% share of the global collagen market. The company is aiming to increase this to 5%...

ANALYSIS: Korea's Nov 2024 Beef Imports Slump to a 9-Month Low at 33,140 mt

Korea’s November 2024 beef imports dropped to the lowest levels since February this year to 33,140 metric tons (mt), according to the latest Korea Customs Service data.

Volumes fell 29.0% or 13,557 mt month-on-month (m-o-m), marking a sharp decline from October 2024's figures, which had reached 46,697 mt, a 9-month high.

Lower tonnages from its major suppliers Australia, the United States (US), as well as New Zealand, Canada, and Mexico contributed to the shrinkage...

ANALYSIS: Proposition 12 Effect on Reporting Volumes for Pork

The USDA Pork Specialty Report, issued by the U.S. Department of Agriculture (USDA), focuses on niche and specialty pork products, offering detailed insights into pricing, volume, and market trends for categories not typically covered in broader pork market reports. These categories include specialty programs such as open pen gestation, crate-free, antibiotic-free, no-antibiotics-ever, pre-priced and labeled cuts, color-graded, breed-specific, quality-graded, and organic products.

Notably, the report began incorporating Proposition 12-compliant material in 2023...

Meat Institute Promotes Key Staff With a Collective 55 Years of Industry Experience

The Meat Institute today announced the promotions of dedicated staff due to their significant expertise, advocacy on behalf of, and experience in the meat and poultry industry. Roya Galindo, Casey Lynn Gallimore, KatieRose McCullough, PhD, MPH and Michael Schumpp have worked for the Meat Institute or in the industry for a collective 55 years.

“Meat Institute members benefit from the experience and knowledge of our staff who have chosen to make their careers in service to the meat and poultry industry,” said Meat Institute President...

The Retail Rundown: Robust Retail Spending This Holiday Season

Retail spending has been robust this year, with recent data released by the U.S. Census Bureau indicating strong retail sales as the holiday season kicked off in November.

According to the Census Bureau, overall retail sales in November rose 0.7 percent month-over-month (MOM) and increased 3.8 percent year-over-year (YOY) In comparison, October saw gains of 0.5 percent MOM and 2.9 percent YOY.

“Job and wage gains, modest inflation and a heathy balance sheet have led to solid holiday spending," said National Retail Federation Chief Economist Jack Kleinhenz...

Farm Bureau Congratulates Rep. Angie Craig on Agriculture Committee Leadership Role

American Farm Bureau Federation President Zippy Duvall commented today on the election of Rep. Angie Craig to be ranking member of the House Agriculture Committee.

“Farm Bureau congratulates Rep. Angie Craig on her nomination to serve as the next ranking member of the House Agriculture Committee. Rep. Craig has a long history of working in a bipartisan manner to advance the needs of America’s farmers and ranchers.

“Her leadership is needed now more than ever, as farmers face economic headwinds including inflation, high supply costs and...

USMEF Partners with Sam’s Club on U.S. Beef Training and Promotion in China

U.S. beef played a prominent role in the recent grand opening of Sam’s Club’s 50th retail outlet in China. In addition to sampling and promotions during grand opening events, U.S. beef was featured the previous day at a special promotional event. To publicize the freshness of chilled U.S. beef available at the store, USMEF livestreamed the fabrication of a chilled U.S. beef carcass (see section at page bottom)...

Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2024

Ark Restaurants Corp. today reported financial results for the fourth quarter and fiscal year ended September 28, 2024.

The Company’s fiscal year ends on the Saturday nearest September 30. The fiscal years ended September 28, 2024 and September 30, 2023 both included 52 weeks and the quarters ended September 28, 2024 and September 30, 2023 both included 13 weeks.

Financial Results

Total revenues for the 13 weeks ended September 28, 2024 were $43,406,000 versus $44,400,000 for the 13 weeks ended...

Scottish Cattle Prices Soar to Record Highs in November 2024

Prime cattle prices in Scotland reached historic levels in November 2024, fueled by a seasonal decline in beef production and robust demand from both domestic and international markets. The Expana price for cattle steers in Scotland hit GBP 5.5/MT, marking a 2.1% increase month-on-month (m-o-m) and 8.2% rise year-on-year (y-o-y) in November 2024.

Industry sources report heightened competition among processors, as they struggle to secure cattle supplies. Additionally, strong festive demand from the retail sector has played a vital...

ANALYSIS: A Seasonal Snapshot of Choice Chuck Rolls in 2024

The Choice chuck roll has been on quite a journey this year, riding a roller coaster of highs and lows in the market. Let’s dive into where this versatile cut stands today and how it got here.

Back in late August, prices took an unexpected turn upward, defying the usual trend of softening in the back half of the month. Starting at $3.65/lb in early August, choice chuck rolls climbed an impressive 62% to its peak of $5.92/lb in October. However...

Performance Food Group Company Announces Executive Leadership Team Changes

Performance Food Group Company (PFG) is pleased to announce its board of directors has approved two changes to PFG’s leadership team. Effective Jan. 1, 2025, Scott McPherson has been promoted to President & Chief Operating Officer (COO), while Craig Hoskins will transition into the newly established position of Executive Vice President (EVP) & Chief Development Officer.

In his new role, McPherson will continue overseeing PFG’s three business segments: Foodservice, Convenience and Vistar. He will focus on the company’s growth and will be responsible for all aspects of these businesses...

Ahold Delhaize USA Names Greg Finchum as President of Food Lion

Ahold Delhaize USA has announced that Food Lion executive Greg Finchum, currently Executive Vice President, Retail Operations, will assume the role of President, in May 2025.

The appointment comes after Meg Ham, President, Food Lion, announced that she will retire in May 2025. Finchum joined Food Lion in 1989 and has been in his current role for more than a decade. He is a proven leader in delivering consistent sales growth and strong financial performance. Additionally, he has an outstanding track record of building strong...

TD Bank Survey: Restaurant Industry Anticipates Bright 2025 with Tech and M&A at the Forefront

A survey conducted by TD Bank at the 2024 Restaurant Finance and Development Conference indicated that optimism has returned to the restaurant franchise industry after years of challenges.

The TD Bank poll collected insights from 175 restaurant operators and finance professionals as they look ahead to 2025. Alongside the optimistic outlook, TD Bank noted that the adoption of digital and mobile ordering, menu creativity and higher expectations around AI were also key findings from the survey...

Wendy's Offers 12 Days of Sweet & Spicy Holiday BOGO Deals Exclusively In-App

WHAT:
'Tis the season to celebrate twelve days of Wendy's® BOGO deals – it's officially "Bow-GO" season! Beginning today, December 11, fans can "unwrap" Wendy's in-app gifts to discover twelve days of delicious deals for more than $50 in savings. Save on the most beloved Wendy's menu items of 2024 every single day, exclusively in the Wendy's app* through Sunday, December 22. Want to know what's under the Wendy's tree? In-app deals will include buy-one-get-one...

Advancing Pork Through Nutrition Science and Endorsement

Key Highlights from 2024:

• Research Investments: 13 new studies conducted across top academic institutions, exploring topics like pork’s role in childhood nutrition, healthy aging and cognitive health.
• Expanding Reach: Nutrition communications across social and online media had more than 300 million potential views across health professionals and consumers, and participation in 76 high-impact events attended by over 16 thousand individuals.
• Shaping Perceptions: Campaigns and events improved perceptions of pork among healthcare professionals, with attendees of our Today’s Dietitian event reporting a 20-point increase in the likelihood of recommending...

ANALYSIS: UK Beef Market Update-December 2024

UK beef prices continued to trend upwards as cattle prices continued to rise in December 2024. The UK cattle deadweight price reached GBP 5.43/kg, up 4.3% month-on-month (m-o-m) and year-on-year (y-o-y) in early December 2024. Some market reports indicate strong festive demand, which is expected to help sustain prices through the winter months.

UK beef production in 2024 is projected to reach 933,000 tonnes, representing a 4% increase compared to 2023. This growth is primarily driven by a rise in prime...

ANALYSIS: Impact of the USDA Suspension on Mexico-US Cattle Trade

Mexico, as a key beef exporter to the United States (US) market, faces a commercial landscape influenced by multiple factors, including fluctuations in the peso-dollar exchange rate, domestic market conditions, and international sanitary regulations.

During the first half of 2024, the strengthening of the peso against the dollar reduced the competitiveness of Mexican exports, as domestic market prices surpassed those available in the US market. However, in the second half of the year, the strengthening of the dollar boosted exports by offering better returns for producers...

Costco Refuses to Accept 98 Percent of Teamsters Proposals

Yesterday, Costco rejected or refused to accept nearly all Teamsters' proposals, including critical language on seniority, inclement weather, paid family leave, bereavement policies, sick time, and safeguards against surveillance. By dismissing approximately 98 percent of the proposed provisions, the wholesale giant has signaled a troubling unwillingness to bargain in good faith and is taking an aggressive anti-union stance.

"The clock is ticking, and instead of engaging seriously at the bargaining table, Costco continues to waste time with surface bargaining," said...

Culinary Training Programs for U.S. Beef and Pork Continue at Caribbean Event

USMEF led a team of 16 culinary school instructors and training “ambassadors” from the Caribbean region to Miami last month to participate in training sessions and attend the Taste of the Caribbean and the Caribbean Hospitality Industry Exchange Forum (CHIEF). Taste of the Caribbean, the Caribbean Hotel and Tourism Association’s (CHTA) annual culinary showcase of top young chefs, provides a forum for food and beverage professionals to gather practical information, develop skills, sample and purchase products, and strengthen supplier relationships while meeting new vendors...

Domino's Pizza® to Transfer Stock Exchange Listing to Nasdaq

Domino's Pizza, Inc., the largest pizza company in the world, today announced that it will voluntarily transfer its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, effective December 31, 2024, after market close. Domino's common stock is expected to begin trading as a Nasdaq-listed security on January 2, 2025. The Company will retain its current ticker symbol "DPZ."

About Domino's Pizza®

Founded in 1960, Domino's Pizza is the largest pizza company in the world, with...

Kroger Reiterates Its Commitment to Lower Prices and Initiates New $7.5B Share Buyback Program

The Kroger Co. today terminated its merger agreement with Albertsons after the U.S. District Court for the District of Oregon granted the Federal Trade Commission's request for a preliminary injunction to block the proposed merger. After reviewing options, the company determined it is no longer in its best interests to pursue the merger.

"Kroger is moving forward from a position of strength. Our go-to-market strategy provides exceptional value and unique omnichannel experiences to our customers which powers...

Hormel Appoints Mike Clausman as VP, Deputy General Counsel, and Assistant Secretary

Hormel Foods Corporation has appointed Mike Clausman as Vice President, Deputy General Counsel, and Assistant Secretary.

In this new position, Clausman will manage the legal support for the company’s brand and business growth initiatives, including commercial transactions, mergers and acquisitions, and intellectual property. He will report directly to Colleen Batcheler, Senior Vice President of External Affairs and General Counsel.

Clausman joined Hormel Foods in 2011, bringing nearly a decade of experience as an attorney in Minneapolis. He has held several key...

Toast’s Q3 2024 Trend Report Reflects Increased Menu Prices and Restaurant Reservations

On December 10, 2024, restaurant software company Toast released its Q3 2024 Restaurant Trends Report, which included a market analysis based on data collected from various restaurants currently utilizing Toast’s digital restaurant platform.

Toast has been serving approximately 127,000 restaurants since September 30, 2024, providing a variety of technological services through its cloud-based platform including point of sale, payment processing, bookkeeping, online ordering, payroll, team management, and other features.

According to Toast data, restaurant reservations increased year over year (YOY) by 11% on Mondays and Tuesdays and...

ANALYSIS: US Boneless Beef Imports Double Year-over-Year for November

According to the US Food Safety and Inspection Service’s Meat Passed for Entry report, 77,719 MT of boneless trimmings were accepted into the US. This represents a 32.17% increase compared to October, reflecting the typical seasonal rise seen toward the end of the year. However, this year's increase came earlier than usual, as the volume of boneless trimmings typically peaks in December. Year-over-year, this marks a 106.42% change for November.

Australia led the way, supplying 39.3% of the total, with 30,556 MT of boneless...

NCBA Responds to Dietary Guidelines Report and Reiterates Role of Beef in a Healthy Diet

Today, the National Cattlemen’s Beef Association (NCBA) reiterated the important role of beef in a healthy diet and responded to the questionable advice published in the Dietary Guidelines Advisory Committee’s Scientific Report. Despite a wealth of high quality scientific evidence that beef has an important role to play in a healthy diet, the committee is advising the U.S. Department of Agriculture (USDA) and U.S. Department of Health and Human Services (HHS) that federal nutrition guidelines include a reduction in red meat consumption... 

ANALYSIS: U.S. Beef Rib Pushing Towards All-Time Records

With year-end holidays approaching, the bone-in rib is once again front and center in the beef market. Over the past year, this item was largely kept at arm’s length as market participants contended with what appeared to be reserved consumer demand. Consequently, prices for the bone-in ribeye throughout the year lagged behind year-ago levels.

Fast forward to today, and prices have not only kept pace but have also surpassed last year’s high of $12.50/lb., currently...

ANALYSIS: China’s Nov 2024 Meat Imports Break 15-Month Y-o-Y Decline Streak to 580,619 mt

China’s total meat imports, including variety meats rebounded to 580,619 metric tonnes (mt) in November 2024, ending a 15-month year-over-year decline streak, according to the latest preliminary data from the General Administration of Customs of the People's Republic of China. 

Imports were higher by 8.6% or 23,619 mt month-on-month (m-o-m) ahead of the winter peak season.  

Meat consumption typically increases ahead of the cooler season, with a notable rise in demand for...

Statement on the Scientific Report of the 2025 Dietary Guidelines Advisory Committee- Meat Institute

The Meat Institute today released the following statement regarding the Scientific Report of the 2025 Dietary Guidelines Advisory Committee (Report):

“The Meat Institute remains strongly opposed to the Report’s recommendation to reduce meat consumption and will urge the agencies to reject it,” said Meat Institute President and CEO Julie Anna Potts.

“Meat products provide high quality protein that is critical for developing, maintaining, and repairiing strong muscles; vital for growth and brain development in children; beneficial for providing satiety and maintaining... 

The Retail Rundown: Seasonal Trends for Ribs vs. Hams

With Christmas just two weeks away, this week’s retail rundown takes a closer look at two traditional holiday centerpieces: rib roasts and hams. These festive favorites have followed differing paths in the wholesale markets this year, potentially influencing their retail performance in the lead-up to the year-end celebrations.

The wholesale rib market began its seasonal ascent in the third quarter, gaining traction in early August. From August 1 through December 10, prices surged by 42 percent, far surpassing the 5-year average increase of 17 percent for the same period...

ANALYSIS: Australia's Nov 2024 Beef Exports Ease 8.6% M-o-M From Record Highs to 118,878 mt

Australia’s beef and veal exports in Nov 2024 saw an 8.6% month-on-month (m-o-m) decline, falling to 118,878 metric tonnes (mt), according to the latest data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

This 11,171 mt monthly decrease followed a record high back in Oct 2024, when exports reached 130,048 mt. In line with traditional patterns, this fall was led by lower shipments to key destinations, including the United States (US), Korea, and southeast...

Tuesday: Costco Teamsters to Rally as Contract Negotiations Begin

Teamsters General President Sean M. O'Brien, Teamsters General Secretary-Treasurer Fred Zuckerman, and hundreds of rank-and-file Costco Teamsters will rally in Long Beach, Calif., on Tuesday, December 10, as they gear up for the start of national negotiations impacting 18,000 Costco workers nationwide.

Earlier this week, the Teamsters were forced to file charges against Costco for blatantly violating federal labor law and the current national master agreement. The company's conduct was a calculated effort to undermine workers' rights and disrupt the collective...

Zatarain's® Smoked Sausage Introduces New Andouille Flavor

Zatarain's, the brand that has been bringing the vibrant flavors of New Orleans to kitchens across America for more than 130 years, is excited to announce the launch of its reformulated Andouille Smoked Sausage. A bold new twist on a fan-favorite, the new Andouille recipe provides a perfect balance of heat and savory spices, giving families and food lovers even more of the robust and flavorful experience that has made Zatarain's a staple in homes for generations.

"Our customers love the smoky taste of our original sausage...