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



Herbruck's Poultry Ranch Laying Off About 400 Staff in Michigan Due to Bird Flu

Herbruck's Poultry Ranch is temporarily laying off about 400 employees in Michigan due to the spread of bird flu.

The company's chief human resources officer Stephanie Kempa said the virus impacted the company's hen population at some farms in Ionia County.

"The company plans to rehire many positions as hen replenishing and egg production increases," Kempa said in a letter to the state Department of Labor and Economic Opportunity.

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May 17 3:48 PM, FeedInfo


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


ANALYSIS: Chicken Hatch Figures “Crack On”

From a historical perspective, May typically marks a pivotal time for those in the chicken industry. With chicken-centric holidays such as Superbowl, March Madness, and Mother’s Day now in the rearview mirror, market participants are keeping a watchful eye on prevailing demand patterns as consumers begin to transition into “grilling season”.

While it remains to be seen how demand will ultimately play out moving forward and whether or not chicken will remain competitive in the retail and food service spaces, market participants are opting to focus their attention on the...

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May 17 8:05 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


PERDUE® Expands SHORT CUTS® Product Line with Two New Varieties

PERDUE® SHORT CUTS® Hickory Smoked Chicken Breast Strips and PERDUE® SHORT CUTS® Shredded Roasted White Meat Chicken Bring New Flavor and Preparation Techniques to Mealtime

PERDUE®, the number-one brand of fresh chicken in the U.S., announced the expansion of its SHORT CUTS® product line with the introduction of PERDUE® SHORT CUTS® Hickory Smoked Chicken Breast Strips and PERDUE® SHORT CUTS® Shredded Roasted White Meat Chicken. The new offerings tap into trending flavors and preparation techniques that...

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May 16 9:35 AM, Urner Barry


ANALYSIS: Checking-In on Turkey Market Supply Factors

Although mid-May trade conditions have been slow to shift the undertone surrounding whole-body turkeys and raw materials, there is no shortage of variables which are weighing heavily on the minds of market participants as they refine their expectations for the road ahead. Central to many turkey-related conversations remains disease.

As illustrated by this week’s chart, year-to-date (YTD) commercial HPAI outbreaks have risen about 84%, or 229.6 thousand head, when compared to a similar period one year prior...

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May 16 8:05 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


DOA: Australian Government Phase Out of Live Sheep Exports by Sea

Decision on how and when

The Australian Government has announced the export of live sheep by sea will end on 1 May 2028.

Legislation will be introduced in this term of the Australian Parliament to end the trade in law.

Trade can continue until the end date without any additional restrictions such as caps or quotas. The prohibition will not apply to other livestock export industries, such as live cattle exports, nor will it apply to live sheep exports by air...

 

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May 13 12:16 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


Steakholder Foods Signs Commercial Cooperation agreement with Wyler Farm

Steakholder Foods Ltd., a leading innovator in alternative proteins and 3D printing technologies, announced a royalties and raw materials supply agreement with Wyler Farm Ltd., a leader in alternative protein production, whereby Wyler Farm will manufacture alternative proteins on a commercial scale using Steakholder Foods' premixes and know-how, in return for the payment of royalties from sales. The agreement is expected to generate the company's first commercial revenue, and marks Steakholder Foods' early transition from R&D to commercialization.

Production of the new plant-based meat products is tentatively...

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May 13 10:00 AM, Urner Barry


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: March's Turbulent Tradewinds in Chicken Exports

The latest chicken export data through the end of March leaves some room for interpretation depending on one’s vantage point. Closing Q1 at 558.5 thousand pounds, total export tonnage rebounded 2.1% from February. This loosely coincides with the seasonally-anticipated average uptick of 7% realized over the past five years. Nonetheless, March’s closing tally was slow to make year-over-year (YoY) headway; standing just shy of 11% below ’23 levels.

In terms of value, March’s reading retreated by about 10% when compared to this time last year. Market participants are...

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May 10 8:13 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


Pete & Gerry’s Broadens Distribution Partnership with Publix to Include Pasture-Raised Eggs

Pete & Gerry's, LLC, a pioneer in humane egg farming, today announced that Pete & Gerry's Pasture-Raised™ Eggs will now be available in all 1,400+ Publix Super Markets throughout the Southeast. Joining Pete & Gerry's Organic® and Nellie’s Free Range eggs in the egg aisle, the Pete & Gerry's Pasture-Raised is now on shelves in all Publix stores throughout Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia.

Introduced last year to the Pete & Gerry’s portfolio, Pete & Gerry’s Pasture-Raised Eggs are laid by...

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May 9 9:16 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


ANALYSIS: Turkey Export Volume Closes Q1 on a Relatively Positive Note

The latest turkey export data marks a continuation of the year-over-year (YoY) advances in outward tonnage which have been evident over the past nine months. Coming in at 37.7 million pounds, March’s closing tally stood 15%, or 3.5 million pounds, above this time in 2023. Given the ongoing complications with HPAI-related production and export constraints, it bears noting that total export figures still remain situated at the third-lowest seasonal level realized in two decades. Export value during this timeframe notched lower by 0.5%; positioning...

 

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May 9 8:00 AM, Urner Barry


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


Ernst Leads Bipartisan, Bicameral Effort to Protect Poultry Exports

U.S. Senator Joni Ernst (R-Iowa) led over 50 of her colleagues in calling on the U.S. Department of Agriculture (USDA) to protect America’s agricultural competitiveness by adopting a better definition of "poultry" so Iowa farmers will not miss out on trade opportunities.

In the letter to USDA’s Animal and Plant Health Inspection Service Administrator Dr. Michael Watson, they advocated for the World Organization for Animal Health (WOAH) to adopt the definition of "poultry" unanimously approved by the United States Animal Health Association (USAHA).

The lawmakers explained the...

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May 8 9:51 AM, Urner Barry


Private sector Leaders Announce Support for Antimicrobial Use Stewardship Principles in Poultry

Now includes over 40% of global poultry meat production

USAID-funded TRANSFORM project has united 26 organizations in antimicrobial use stewardship in an effort to combat antimicrobial resistance

Antimicrobial use in animals or humans could lead to antimicrobial resistance (AMR), which weakens our ability to prevent and treat future infections. Recognizing the responsibility to safeguard the efficacy of these essential medicines, the following organizations announce their endorsement for science-based antimicrobial use stewardship principles that promote the health of poultry to avoid the need to use antimicrobials...

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May 8 9:35 AM, Urner Barry


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


First Quarter Results Show Economy is Slowing but ‘Remains Resilient’

Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, National Retail Federation Chief Economist Jack Kleinhenz said today.

“The U.S. economy lost some spring in its step during the first quarter as the pace of growth declined, and the downshift came with an unexpected bout of inflation,” Kleinhenz said, noting that prices for services are still increasing even as prices for goods level off. “But even with signs that the economic expansion is decelerating, the economy remains resilient...

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May 7 12:20 PM, Urner Barry


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


Popeyes Launches NEW Golden BBQ Chicken Sandwich to Bring Back Lunch Fun

Today, Popeyes® unveils their NEW Golden BBQ Chicken Sandwich, as the latest innovation on its famous Chicken Sandwich lineup. This new offering is more than just a sandwich; it's a declaration that lunch should no longer be boring.

Featuring a new sweet and tangy Golden BBQ sauce, this sandwich is sure to amp up your lunch hour. The Golden BBQ Chicken Sandwich features a buttermilk-battered chicken breast made with all white meat in a sweet and tangy Golden BBQ sauce, served on a buttery-toasted...

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May 7 9:03 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


INSIGHT: Experts Challenge Allegations of Poultry Litter in Feed Spreading HPAI in Cattle

In the weeks since the unprecedented discovery of US cattle testing positive for highly pathogenic avian influenza (HPAI), some mainstream media outlets have attempted to connect this to the use of poultry litter in cattle feed.

However, those familiar with the science and with the workings of the US livestock and poultry industry find the idea rests on shaky grounds.

Experts believe cattle infected by wild birds

In a document published on 26 April, the US Animal and Plant Health Inspection Service (APHIS) stated “The genetic and epidemiological data indicate spillover of the virus from...

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May 3 8:35 AM, FeedInfo


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...

Full Story »
May 3 8:22 AM, Urner Barry


ANALYSIS: Weighing In on YTD Chicken Headcount

Given the wide array of production challenges related to disease and low hatchability, chicken market participants are keeping their eyes glued to the slaughter data as they attempt to hone their expectations for the road ahead. When it comes to 2024’s cumulative production, total headcount continues to retreat by about 2.7% year-over-year (YoY). This amounts to a 70 million head reduction from a similar period in ’23. Still, at about 2.6 billion birds, year-to-date (YTD) headcount continues to reside at the fifth-highest level in at least two...

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May 3 8:09 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"...
Full Story »
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


ANALYSIS: Turkey Headcount Slips to Record Low

Although transactional activity within the turkey complex remains seasonally thin here in mid-Q2, there is no shortage of variables which are catching the attention of market participants.

The latest Monthly Slaughter Report is perhaps top of mind for many players on the turkey side of the business, and with good reason. Total headcount retreated by 5% from February, and by a notable 18% when compared with this time last year. Coming in at 15.5 million head, March’s data also represents the lowest reading observed in over two decades...

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May 2 8:06 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


Wingstop Inc. Reports Fiscal First Quarter 2024 Financial Results

Wingstop Inc.today announced financial results for the fiscal first quarter ended March 30, 2024.

Highlights for the fiscal first quarter 2024 compared to the fiscal first quarter 2023:

  • System-wide sales increased 36.8% to $1.1 billion
  • 65 net new openings in the fiscal first quarter 2024
  • Domestic same store sales increased 21.6%
  • Domestic restaurant AUV increased to $1.9 million
  • Digital sales increased to 68.3% of system-wide sales
  • Total revenue increased 34.1% to $145.8 million
  • Net income increased 83.5% to $28.7 million, or $0.98 per diluted...
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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


Impossible Foods Offers Best-Selling Impossible™ Chicken From Plants at Whole Foods

This month, Impossible Foods is bringing its fan-favorite Impossible™ Chicken From Plants to select Whole Foods Market locations in the US, expanding consumer access to delicious, nutrient-dense meat from plants that’s better for the planet.

Starting May 2024, Whole Foods Market shoppers can enjoy the No. 1 chicken-from-plants product in the US, Impossible Chicken Nuggets, which are described as tasting as good or better than animal chicken nuggets in a consumer taste test.2 Impossible Chicken Nuggets will be...

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May 1 10:40 AM, 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...

Full Story »
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.

Full Story »
Apr 30 8:00 AM, Urner Barry


INTERVIEW: Six Months On, France’s World-First HPAI Vax Campaign Seen as Successful

Early April marked six months since French authorities, along with the country’s poultry sector, embarked on an ambitious effort to vaccinate every commercially-raised duck on the mainland against highly pathogenic avian influenza (HPAI). The decision made it a global pioneer; although HPAI vaccines had been used in non-exporting countries to protect food security, no major exporter has done so, and the world has been closely watching the experiment. As an industry representative told Feedinfo last year, “We’re a bit like the guinea...

Full Story »
Apr 29 10:14 AM, FeedInfo


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...
Full Story »
Apr 29 9:01 AM, Urner Barry


USDA Finalizes Policy to Protect Consumers from Salmonella in Raw Breaded Stuffed Chicken Products

The U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) today announced its final determination to declare Salmonella an adulterant in raw breaded stuffed chicken products when they exceed a specific threshold (1 colony forming unit (CFU) per gram or higher) for Salmonella contamination.

This final determination is part of FSIS’ broader efforts to reduce Salmonella illnesses associated with the raw poultry supply in the United States. FSIS intends to address Salmonella contamination in other raw poultry products later this year...

Full Story »
Apr 29 8:00 AM, Urner Barry


ANALYSIS: Chicken Cold Storage, Cracking Open the Freezer Doors

The latest Cold Storage Report generally aligns with the monthly movement observed over the past five years, while also shining light on the notable reduction in year-over-year (YoY) inventory holdings. Total public warehouse stocks through the end of March hit 763.7 million pounds, which represents a 10.5% retreat from a similar period back in ’23. This coincides with the relatively well-accounted-for supply state on the street, along with the negative impact that disease and low hatchability continue to have on the production front...

Full Story »
Apr 26 10:15 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...

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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...

Full Story »
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...
Full Story »
Apr 25 9:14 AM, Urner Barry


ANALYSIS: Tightening Turkey Production Trends

Given the relatively serene state of the turkey market here in early Q2, market participants are keeping their eyes trained on the stats as they refine their expectations for the road ahead. When it comes to supply-facing variables, disease remains a top consideration, and with good reason. In just the first four months of the year, about 346 thousand commercial turkeys have been impacted by HPAI. Although this figure represents only a small fraction of the industry’s annual production potential, it is one part of a more complex scenario currently unfolding on the supply...

Full Story »
Apr 25 8:32 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...

Full Story »
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...
Full Story »
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...

Full Story »
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...

Full Story »
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...

Full Story »
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... 

Full Story »
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...

Full Story »
Apr 23 10:09 AM, Urner Barry


Olymel to Close Quebec Processing Facility Focused on Poultry

Canadian meat processor Olymel announced last Friday the definitive closure of its Saint-Jean-Sur-Richelieu plant as of 19 July.

The plant had mainly processed poultry products, although it also made a small number of pork products.

“This decision comes against a backdrop of falling production volumes, which has led the plant to operate at only 40% of its operational capacity,” explained the company. “A reorganization of production within the Olymel family will enable operations to be redeployed to neighbouring plants with residual capacity to handle these volumes.”...

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Apr 23 8:00 AM, FeedInfo


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


UNLIMEAT Pulled Pork Wrap Now Available at All Starbucks Stores in HK

UNLIMEAT announced on the 16th the launch of its Pulled Pork Wrap at Starbucks stores throughout Hong Kong. The UNLIMEAT Pulled Pork Wrap is a fully plant-based product containing UNLIMEAT's pulled pork, along with refreshing carrot, vibrant red cabbage, and crisp lettuce, all wrapped together for a satisfying and guilt-free meal.

Since first entering Hong Kong in 2020, UNLIMEAT has expanded its presence by partnering with world class Chinese restaurants such as Mott 32, Crystal Jade, and Trust Congee King, providing these restaurants...

Full Story »
Apr 22 2:30 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...

Full Story »
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...

 

Full Story »
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...

Full Story »
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







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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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