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Trade Barriers Removed from Exports of French and Irish Beef to Republic of Korea

French and Irish beef producers will once again be able to export beef to the Republic of Korea, thanks to the European Commission’s efforts to negotiate the removal of local restrictions on EU beef.

In a significant development for the European beef industry, the Republic of Korea has officially opened market access for beef from France and Ireland. This positive result follows consistent representations made by the Commission, including through direct outreach by Commission Executive Vice-President Valdis Dombrovskis...

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Jun 14 8:43 AM, Urner Barry



Hard Rock Cafe's World Burger Tour Competition Lets Guests Try Five New, Culturally Inspired Burgers 

Starting tomorrow, in honor of Hard Rock International Founders' Day, Hard Rock Cafe® locations around the world will debut five locally developed, culturally inspired burgers on the menu for the limited-time return of the World Burger Tour competition. Things are heating up this summer at Hard Rock Cafes where guests can enjoy:

  • Bengaluru Burger: 7 oz steak burger, American cheese, sweet & spicy pickled mayo, black bean corn salsa, roasted jalapeno, guacamole, shredded lettuce - a creation of Hard Rock Cafe Bengaluru, India...
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Jun 13 1:40 PM, Urner Barry


FSIS Issues Public Health Alert For Not-Ready-To-Eat Pork And Beef Bacon Products

The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for not-ready-to-eat pork and beef bacon products due to levels of sodium nitrite that exceed the regulatory limit. FSIS is issuing this public health alert to ensure that consumers are aware that this product should not be consumed. A recall was not requested because the affected product is no longer available for purchase.

The dry cured pork and beef bacon items were...

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Jun 13 10:30 AM, Urner Barry


ANALYSIS: Grilling Season Heats Up as CAB Bone-In Strip Prices Reach Year-High

As we head towards Father’s Day weekend, the Certified Angus Beef® market has witnessed some uplift around many of the cuts that are favorites during grilling season. The bone-in 1x1 shells are no exception. Since about mid-April, bone-in strips have witnessed a steady climb and have even surpassed levels seen this time of year. From April 22, prices have jumped by 17% in what has developed into a more traditional spring run-up...

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Jun 12 8:00 AM, Urner Barry


April Pork Exports Largest in Nearly Three Years; Beef Exports Also Trend Higher

April exports of U.S. pork reached the highest volume and value since May 2021, according to data released by USDA and compiled by USMEF. It was also a robust month for U.S. beef exports, which were the largest in 10 months and valued at just under $900 million.

Fueled by a record performance in leading market Mexico, pork exports totaled 277,910 metric tons (mt) in April, up 14% from a year ago and the fifth largest on record. Export value climbed 18% to $778.8 million

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Jun 11 8:43 AM, Urner Barry


ANALYSIS: The Domino Effect, Herd Reduction Impacts Beef Markets

As we begin to work through the back half of the year, there have been quite a few interesting trends to unfold through the first 6 months within the boxed beef markets. It is no secret that the U.S. beef herd has been in a contraction phase for some time within both the fed and non-fed sectors of the beef market. This has become most evident when you look at cow & bull slaughter figures year-to-date, which are down nearly 10% already...

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Jun 11 8:00 AM, Urner Barry


ANALYSIS: Brazil's Beef Exports Reach Record Highs in May, China's Shares Decline

Brazil has achieved a historical record in beef exports as of May 2024, exporting an unprecedented 211,976 MT of beef. This represents an increase of 1.9% from the previous month and a surged 25.9% when compared to the same period last year. On a YTD basis, the total volume is up by 16.7%.

China remains the leading importer, purchasing 97,876 MT of Brazilian beef in May. However, this figure is slightly lower than April's 101,023 MT ,a 3.1% decrease,  and corresponds to an 11.8% decline compared...

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Jun 7 10:28 AM, Urner Barry


ANALYSIS: Australia's May 2024 Meat Exports Soar to Record Highs

Australia’s May 2024 total meat exports hit a record high, reaching a total of 200,188 mt of meat, including beef/veal, mutton, lamb, and pork, data from the Department of Agriculture, Fisheries, and Forestry (D.A.F.F) indicated. Volumes surpassed record highs last seen in October 2019 at 189,895 mt.

Volumes on a year-on-year basis jumped 22.0% or 36,122 mt. Exports grew 9.6% or 17,441 mt after a 4-month consecutive rise.

The country’s beef/veal exports for May 2024 jumped 24.5%...

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Jun 7 8:12 AM, Urner Barry


South American Meat Inc. Recalls Frozen Raw Beef Products Imported Without Import Reinspection.

South American Meat Inc., also known as 5Gogi LLC, an importer located in Commerce, Calif., is recalling approximately 20,111 pounds of various eligible frozen raw beef products that were not presented to FSIS for import reinspection upon entry into the United States, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The various frozen raw beef items were imported from Uruguay on or around March 17, 2024. The following products are subject to recall... 

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Jun 5 9:21 AM, Urner Barry


ANALYSIS: Inside Skirts Cool Off After Hot Spring

Back in March, we highlighted the Certified Angus Beef® inside skirts and the contra seasonal moves witnessed leading into the spring. It appeared that buyers did their work earlier in 2024 amid reduced slaughter levels seen at that point. As we check back in on that item, it does confirm that buyers were in fact early to the draw this year, and prices have come down to just about the levels seen at this point last year. The item has lost roughly 9.85% of its value...

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May 31 8:12 AM, Urner Barry


Moderate Growth Expected for Mexican Meat Production in 2024

Comecarne, the Mexican Meat Council, has estimated that Mexican meat production will maintain moderate growth in 2024, influenced by potential disruptions in the supply of livestock feed and impacts of climate on grain and forage production.

In the previous year, total meat consumption in Mexico reached 10.3 million tonnes, including pork, beef, and chicken. This marked a 4.9% increase compared to the end of 2022, positioning Mexico as the sixth largest meat consumer globally.

According to Comecarne, the rise in consumption is largely attributed to lower consumer prices and increased...

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May 28 8:00 AM, FeedInfo


Meats by Linz Weeks Away From Opening New Indiana Facility

Meats by Linz has crossed state lines with an investment into an expanded space in Hammond, Indiana. 

The company spent $38 million for its 120,000 square foot facility which broke ground about two years ago and is set to start business this summer.

This family business was founded in 1963 and started as a local butcher shop that supplied meat to fine Chicago restaurants. 

It moved into its Calumet City, Illinois facility in 2004. Later, it opened the family's Angus ranch in Crown Point, Indiana in 2013 and....

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May 24 8:00 AM, UB Newswires


ANALYSIS: Australian Beef Imports Maintain the Top Spot

The USDA Agricultural Marketing Service's weekly report on Imported Meat Passed for Entry in the U.S. by Country sheds light on the ongoing dynamics in the beef import market. With domestic 90% Fresh Chemical Lean prices remaining historically high (Chart 1), it is no surprise that the volume of fresh beef boneless trimmings imported to the U.S. has reached levels unseen since 2015. Year-to-date (YTD) import shipments are pegged at 253,464 metric tons (MT), 31% above the 10-year average...

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May 23 8:00 AM, Urner Barry


ANALYSIS: Coarse Grinds Heat Up as Warmer Weather Ignites Grilling Season

As the Memorial Day holiday has come into view, coarse grinds have begun to showcase some seasonality which have been largely absent previously. Data shows 81% of coarse grinds increased nearly 27% year-to-date, 7% below the 5-year average. This is partially skewed due to the years of COVID-19 in the mix, particularly in 2020.

As weather has improved across the United States, grinds have slowly reappeared in the spotlight, encouraging buyers with incentives to return to the market as grilling season is set to begin...

 

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May 23 8:00 AM, Urner Barry


ANALYSIS: Global Price Overview - 90% Trimmings

Urner Barry offers comprehensive beef price coverage across the world’s largest markets. This analysis evaluates 90% trimmings, a major ingredient for manufacturing beef products widely traded in different global regions.

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. We also provide coverage for U.S. imported beef sourced from Australia, New Zealand, Central America, Uruguay, Argentina, and Brazil, all the above are updated twice daily...

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May 23 8:00 AM, Urner Barry


ANALYSIS: China’s Beef Imports Hit Lowest in April Since Start of 2024 Amid Sluggish Demand

China’s April 2024 beef imports plummeted to its lowest point since the start of the year, shedding 7.7% month over month or 18,718 mt to 224,402 mt, the latest General Administration of Customs People's Republic of China data indicated.

By virtue of its population, China is the world's second largest beef market after the US, with most of the growth led by affluent urbanites. In recent years, the beef market has been further boosted by the rapid growth of the 'quick commerce' sector, which 

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May 22 8:08 AM, Urner Barry


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

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

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

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May 17 8:00 AM, Urner Barry


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


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


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


OLM Food Solutions Introduces Hot Stuff Kitchen Stuffed Bites

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

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

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

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May 13 9:25 AM, Urner Barry


ANALYSIS: Global Price Overview– Beef Knuckles

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

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

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May 10 3:14 PM, Urner Barry


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

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

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

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

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May 10 10:31 AM, Urner Barry


ANALYSIS: Insights into Non-Fed Slaughter

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

Chart 1. UB Beef Trim 90%

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

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May 10 8:10 AM, Urner Barry


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

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

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

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May 8 11:39 AM, Urner Barry


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

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

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

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May 8 10:30 AM, FeedInfo


ANALYSIS: Tenderloin Prices Defy Springtime Expectations

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

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May 8 8:00 AM, Urner Barry


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


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


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

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

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

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


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


ANALYSIS: Export Volume Challenges for Mexican Beef End Cuts

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

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Apr 25 8:26 AM, Urner Barry


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

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

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Apr 22 7:55 AM, Urner Barry


ANALYSIS: Beef Herd Dynamics – Heifer Slaughter Rates Remain High

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

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Apr 16 8:53 AM, Urner Barry


US Demand Spurs Australian Beef Exports

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

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

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

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Apr 15 10:23 AM, FeedInfo


AFN to Bolster Definition and Establish Criteria for Regeneratively Raised Grass-Fed Beef

As the leading domestic grass-fed beef producer in the United States, American Farmers Network (AFN) has already established and implemented criteria for regeneratively raised beef standards throughout its extensive network of family ranchers. With AFN already having USDA approval to use the Regenerative Agriculture claim on its packaging for products currently being distributed through retail chains nationwide, they are perfectly situated to pioneer the development of a comprehensive certification criteria for regenerative grass-fed beef production across the entire beef category...

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Apr 10 9:00 AM, Urner Barry


ANALYSIS: Australia's March Beef/Veal Exports Reach Highest Levels Since 2014, US Takes Top Spot

Australia’s beef/veal exports for March surged to levels not seen since 2014, up 7.7% y-o-y or up 7,595 mt to 106,573 mt, data from the Department of Agriculture, Fisheries, and Forestry (D.A.F.F) indicated. This also pointed to a consecutive monthly increase of 12,739 mt or 13.6% m-o-m. 

Notably, the US has taken over as the largest export destination for Australia, surpassing Japan, for the first time since 2015. The Monthly Australian Meat Export figures to...

 

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Apr 10 8:00 AM, Urner Barry


USDA’s APHIS Answers Questions on Detection of HPAI in Dairy Cattle

Following the recent string of highly pathogenic avian influenza (HPAI) detections in dairy herds in several states, USDA’s Animal and Plant Health Inspection Service (APHIS) has answered some of the most frequently asked questions about the rapidly evolving situation.

As of Apil 3, 2024, six states have confirmed cases of HPAI in domestic livestock. The first confirmation was on March 25 in dairy milking cattle in Texas. Since then, Kansas, Michigan, New Mexico, Idaho, and Ohio have also reported HPAI in dairy cattle herds.

Below are some of the questions...

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Apr 5 8:22 AM, UB Newswires


White Castle Savors Value and Flavor with the Introduction of the New $5 Bacon Bundle

White Castle, home of the Original Slider, is doubling down on its commitment to value, and at a time when consumers need it most. The iconic restaurant is launching the $5 Bacon Bundle! This news is so fresh you can hear it sizzling and smell the unmistakable scent of perfectly cooked bacon.

The $5 Bacon Bundle ($6 in Arizona) comes with a choice of two Bacon Sliders — choose from the Bacon Cheese Slider, the 1921 Bacon Cheese...

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Apr 4 9:54 AM, Urner Barry


It's Back! Noodles & Company's Famous Steak Stroganoff Makes an Epic Return

The moment Noodles & Company fans have been waiting for is here, Steak Stroganoff is back! Noodles & Company, the national fast-casual chain known for spreading Uncommon Goodness with its globally-inspired noodle bowls, best-in-class service, and values-centric culture, announced today the highly anticipated, limited time return of Steak Stroganoff. Noodles is delivering nostalgia and satisfying goodness to guests with its most requested fan-favorite dish. Beginning April 10, Steak Stroganoff is available at Noodles restaurants for just $10.95, guests can now savor its return...

 

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Apr 3 12:19 PM, Urner Barry


BurgerFi Gets Saucy with HEINZ REMIX Debut

BurgerFi®, owned by BurgerFi International, Inc., is taking part in the sauce revolution by being the first brand to debut the HEINZ REMIX™ Machine at its 4343 N Ocean Blvd, Lauderdale-By-The-Sea, FL 33308 location. BurgerFi Fi-natics can be the first to create their very-own condiment concoctions with fresh-cut crispy, crunchier BurgerFi French fries, hand beer-battered onion rings and more.

“As a brand, we know that guests are looking for unique dining experiences, and there is nothing more distinctive than being able to...

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Apr 1 9:12 AM, Urner Barry


ANALYSIS: Inside Skirts Defy Seaonality, Hitting Record Highs

The beef markets have become a bit stale as of late but there continues to be some outsized moves going slightly under the radar. One of which, the Certified Angus Beef® Inside Skirts, just posted new all-time highs at nearly $8.12/lb. This may have some on the buyside scratching their heads a bit given the date on the calendar. But when you consider slaughter and production levels, this does not seem surprising anymore, as it seems there is interest in getting ahead of the much-anticipated seasonal rally...

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Mar 29 10:56 AM, Urner Barry


Mintec's 2024 US Easter Index

Mintec’s US Easter Index measures price fluctuations across key food commodities that are typically consumed in the US during the Easter period. The US Easter Index compares the commodities’ prices in March 2024 against March 2023 to determine whether consumers will be hypothetically better or worse off this Easter. The Index is comprised of three sub-indices: the US Easter Protein Index represents a selection of meats, fish and eggs that will typically be eaten as part of a main Easter dinner; the US Easter Chocolate Index compares the main...

 

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Mar 28 8:03 AM, Urner Barry


Overnight Fire at National Beef Plant to Result in Late Start Today

A fire occurred overnight at a National Beef plant in Liberal, Kansas, located in Seward County.

In a Facebook post late Wednesday, the Liberal Police Department reported that a "large fire" was on the east side of the facility and advised individuals not to drive on East 8th Street near National Beef. Additional details will be provided as more information becomes available, added the Liberal Police Department...

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Mar 21 8:35 AM, UB Newswires


The Retail Rundown: 2024 Annual Power of Meat Study Recap

The 2024 Power of Meat Study was revealed at the Annual Meat Conference in Nashville, Tennessee this week. Anne-Marie Roerink, Principal at 210 Analytics, presented the findings and identified the trends currently shaping the retail meat sector.

This year’s report found that the number of Americans who describe themselves as meat eaters (80%) and the number of households that purchase meat (98%) were unchanged from 2023. Circana data indicates that overall household penetration across all incomes, ethnicities, household sizes, and ages, averages above 97%...

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Mar 20 8:27 AM, UB Newswires


ANALYSIS: The Surge in Boneless Beef Imports Amidst Constrained U.S. Herd

The UB Beef Trimmings, 90% Fresh Chemical Lean quotation reached a record weighted average high of $333.25 per hundredweight on March 18, 2024. Meanwhile, according to the USDA’s latest Semi-Annual Cattle Inventory report, the number of beef cows were reported at 28.2 million head, the lowest level since 1961.

With constrained availability of cows in the domestic market and record high pricing for lean trim, end users look to alternatives to satisfy demand.  They have done so quite successfully through imported boneless beef...

 

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Mar 20 8:13 AM, Urner Barry


It's a Flavor Eruption! Red Robin Debuts Lava Queso Burger Alongside the Return of a Fan Favorite

Red Robin Gourmet Burgers, Inc. is introducing innovative new flavors beyond imagination with the arrival of the Lava Queso Burger, Chocolate Covered Pretzel Milkshake and more. Plus, the MadLove Burger is making its triumphant return after fans have pleaded for nearly a year!

Starting March 25, burger meets queso with Red Robin's new melty mashup, the Lava Queso Burger! Complete with chipotle aioli, caramelized onions, grilled poblanos and tomato, this decadent burger is topped with a flowing hot cascade of...

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Mar 19 10:14 AM, Urner Barry


ANALYSIS: Cattle Weights Resume Contra-Seasonal Gains Following Brief Stall

Cattle weights have resumed their contra-seasonal move higher following a brief stall, putting market participants on high alert. 

A string of winter storms and muddy pen conditions impacted cattle performance towards the start of 2024. Dressed steer weights shed 30 pounds during January, hitting a year-to-date bottom at 909 pounds during the week ending February 3. 

Dynamics in the cattle market have shifted in recent weeks with weights now displaying a contra-seasonal increase, reversing the declining trend seen since the start...

 

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Mar 18 8:00 AM, Urner Barry


ANALYSIS: South American Beef Exporters Diversifying Beyond China In 2024

As we approach the end of the first quarter of 2024, a subtle yet discernible trend is emerging among major South American beef exporters, particularly Brazil and Uruguay. These countries are showing a tendency towards exploring attractive markets for their beef exports. This strategy doesn't signify a major shift away from China, remaining as the world's largest beef consumer, but rather an adaptive response to diversify their export destinations.

This trend becomes evident when analyzing the beef export data up to February 2024 (frozen, fresh or chilled)...

Full Story »
Mar 15 8:00 AM, Urner Barry


Stryve Foods is Proud to Announce New and Improved Retail Packaging Showcasing Thinly Sliced Steak

Stryve Foods, Inc., a trailblazer in the protein snack industry, is thrilled to announce the Stryve brand relaunch of its innovative retail packaging, showcasing thinly sliced steak, a breakthrough in snacking options. The revamped packaging not only captivates with its enticing food photography but also emphasizes the remarkable benefits of Stryve’s products, including its significantly higher protein content compared to traditional beef jerky, as well as its preservative-free and zero-sugar formula.

Chris Boever, CEO stated “We are...

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Mar 14 10:13 AM, Urner Barry


The Habit Burger Grill Introduces $6 Grown-Up Meal After Discovering Adults Love Kids' Menu Savings

The Habit Burger Grill, known for its flame-fresh chargrilled Charburgers, signature sandwiches, salads, and shakes, has sponsored a study on Americans' dining habits amidst inflation. Conducted by OnePoll and surveying 2,000 adults nationwide, the study revealed a surprising trend: while 75 percent of Americans support adults ordering from kids' menus to save money, many feel too embarrassed to do so. In fact, only 20 percent reported they actually have ordered a kid’s meal for themselves...

 

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Mar 14 10:00 AM, Urner Barry


Hormel Foods to Wow the Crowd at International Pizza Expo with its Latest Pizza-Topping Innovation

Hormel Foods takes its role as a leader in the pizza and foodservice industries seriously, and this spring, the company is once again positioned as a trend setter. Those attending next week's International Pizza Expo in Las Vegas will get to witness this expertise firsthand with the unveiling of HORMEL® Ribbon Pepperoni, the latest food-forward innovation from the pizza-topping experts at Hormel Foods.

Inspired by the pizza stylings of Windsor, Ontario — an oft-underrated pizza epicenter, where shredded...

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Mar 13 2:51 PM, Urner Barry


Another 38 Brazilian Slaughterhouses Can Export Meat to China

Number of license issuances in a single advertisement is the highest ever recorded in history

In the year in which Brazil celebrates 50 years of diplomatic relations with China, another 38 Brazilian meat processing plants were authorized to sell meat to the Asian country, according to a statement from the General Administration of Customs of China (GACC) sent to the Ministry of Agriculture and Livestock (Map) this Tuesday ( 12) .

38 licenses were granted, including eight chicken slaughterhouses, 24 cattle slaughterhouses, a beef thermoprocessing establishment and five...

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Mar 12 8:53 AM, Urner Barry


ANALYSIS: South American Beef Exporters Diversifying Beyond China In 2024

As we approach the end of the first quarter of 2024, a subtle yet discernible trend is emerging among major South American beef exporters, particularly Brazil and Uruguay. These countries are showing a tendency towards exploring attractive markets for their beef exports. This strategy doesn't signify a major shift away from China, remaining as the world's largest beef consumer, but rather an adaptive response to diversify their export destinations.

This trend becomes evident when analyzing the beef export data up to February 2024 (frozen, fresh or chilled)...

Full Story »
Mar 12 7:47 AM, Urner Barry


Rapid Start for 2024 Pork Exports; Beef Export Value Above Year-Ago

U.S. pork exports raced to a great start in 2024, according to January data released by USDA and compiled by USMEF. While January beef exports were slightly below last year’s volume, export value trended significantly higher. Lamb exports were also strong in January, posting the highest value in more than four years.

Although January pork exports were led by another powerful performance in leading market Mexico, U.S. pork continued to make gains in a wide range of Western Hemisphere and Asia-Pacific destinations...

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Mar 11 8:02 AM, Urner Barry


ANALYSIS: Prudent Buying Takes Hold in Boxed Beef Market as Risk Premiums Limit Forward Bookings

Through just over two months, the USDA’s Weekly 22-90 Forward Delivery Period report has showcased a significant dip in load counts when compared to recent years. For example, compared to last year, the load counts are down by 7.4% and counts are also approximately 20-percent below the five-year average.

Sellers have played an aggressive hand with pricing out front particularly in February as uncertainty continues to mount, the aggressiveness comes amid a margin battle as packers battle rising...

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Mar 8 8:12 AM, Urner Barry


ANALYSIS: Australia’s Beef Exports Continued to Rise Behind Higher Output, Strong Demand

Australia’s beef/veal exports for February continued to rise, nearing levels last seen in Feb 19, up 24% m-o-m or 18,249 mt to 93,834 mt, driven by higher country output and robust demand from Asia and the US, data from the Department of Agriculture, Fisheries, and Forestry (D.A.F.F) indicated.

The ongoing upward trajectory since the start of the year is also attributed to increased processing intensity, eased export restrictions with China, and rising cattle slaughter rates.

Notably, exports to Japan reached a 52-week high at 23,794 mt...

Full Story »
Mar 7 9:34 AM, Urner Barry


Applegate Farms, LLC Announces Goal to Source Beef Hot Dog from 100% Certified Regenerative Beef 

APPLEGATE®, the nation’s leading natural and organic meat brand, today announced its goal to transition all of its award-winning beef hot dogs to beef raised on verified regenerative grasslands by the end of 2025. Implementing this change across its entire beef hot dog portfolio is expected to contribute to the regeneration of six million acres of grasslands, which could increase the current regenerative acreage of Applegate suppliers by more than 2,200%.

“For 37 years, Applegate has led the charge for higher standards...

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Mar 6 9:36 AM, Urner Barry


ANALYSIS: Deciphering Ground Chuck Retail Prices in Today's Market

On a year-over-year basis, the Consumer Price Index (CPI) reached its COVID-era peak registering at 9.1% in June 2022. Although it has since moderated, the latest data from the USDA reveals that U.S. consumers are allocating the largest proportion of their disposable income to food since 1991, with 11.3% spent in 2022.

This heightened focus on food prices prompts a closer look at discounted Ground Chuck pricing at retail outlets. To conduct a comprehensive analysis, Circana's pricing data was adjusted to account for inflation...

Full Story »
Mar 6 8:08 AM, Urner Barry


ANALYSIS: Strong Quality Grade, Demand Lull, Dampens Certified Angus Beef® Rib Prices

A lull in demand and an over-performing quality grade have led to a lackluster situation within the Certified Angus Beef® (CAB) rib primal. Both bone-in and boneless product are stuck below year-ago levels. Urner Barry’s CAB Lip-On UP quote is currently listed at $10.75/lb., about 2% below this time last year. The prices have also plummeted about 17% year-to-date but sit about 18% higher than the five-year average...

Full Story »
Mar 5 8:38 AM, Urner Barry


MF Meats Recalls Raw Meat Products Due to Contamination by a Non-Food Grade Substance

MF Meats, a Falconer, N.Y. establishment, is recalling approximately 93,277 pounds of raw meat products, which may have been contaminated with non-food grade mineral seal oil, which is not approved for use in meat processing, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The raw meat items were produced from Nov. 26, 2023 through Feb. 16, 2024. The following products are subject to recall:

  • Various weights of meat cuts and ground meat....
Full Story »
Mar 1 9:16 AM, Urner Barry


JBS Australia to Double Production Capacity at Dinmore Beef Facility

JBS Australia recently started a second shift at its Dinmore beef processing facility in Queensland. The company hired 300 additional staff for the expansion.

According to JBS Australia, a gradual ramp-up of production can be expected over the next 4-5 months, resulting in the site doubling its daily processing capacity.

According to JBS Australia, JBS Dinmore is the southern hemisphere’s largest beef processing plant. It accounted for approximately 10% of Australia’s total beef processing capacity when the company announced that it would invest...

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Mar 1 8:32 AM, FeedInfo


M&P Production LTD Recalls Raw Lamb and Beef Samsa Products 

M&P Production LTD, a Brooklyn, N.Y. establishment, is recalling approximately 669 pounds of raw lamb and beef samsa products due to misbranding and an undeclared allergen, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains sesame seeds, a known allergen, which is not declared on the product label.

The raw, frozen lamb and beef samsa items were produced between Jan. 2, 2024, and Feb. 22, 2024 and have a shelf-life of one year. The following products are subject to recall...

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Feb 29 9:01 AM, Urner Barry


ANALYSIS: Shifting Market Dynamics Alter Trend Between Cattle and Corn Prices

Cash corn and cattle prices followed a comparable track over the past ten years. However, that tandem trend began to change starting in 2022 due to significant shifts in market dynamics for both commodities.

Omaha, US No 2 Yellow Corn prices peaked at $8.43 per bushel in June 2022, closely challenging the record hit in 2012. The rise in corn prices that year was driven in part by supply disruptions created by the Russia-Ukraine war, as Ukraine is a major supplier of grains to the world markets...

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Feb 28 8:00 AM, Urner Barry


Missouri Prime Beef Packers to Close Processing Plant in April

In a Worker Adjustment and Retraining Notification (WARN) notice to the state Monday, Missouri Prime Beef Packers announced it will close its processing plant in Pleasant Hope, Missouri due to unforeseeable business circumstances.

The plant will close on April 26, 2024, resulting in the termination of 335 full-time employees. The bulk of layoffs will impact fabrication staff. The closure may be permanent or temporary, added yesterday's letter

Operations at the Missouri Prime plant officially started in March 2021. The 100,000-square-foot facility was...

Full Story »
Feb 27 6:55 AM, UB Newswires


ANALYSIS: Lighter Cattle Weights and Reduced Output Pull YTD Beef Production Lower

The impact of last month’s winter storms across the U.S. is illustrated in average cattle weights, which have dropped precipitously since the start of the year.

The latest USDA data indicated dressed steer weights at 909 pounds, up 1 pound from last year but 3 pounds below the week prior. Steer weights started the year at 937 pounds, a seasonal all-time high. Average dressed heifer weights were reported at 827 pounds, up 2 pounds from the week prior but 6 pounds under 2023 and down 24...

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Feb 22 8:00 AM, Urner Barry


New Industry Resource Captures Culinary Evolution of the Caribbean

Developed in collaboration with local food scholars and regional chefs, the textbook is a go-to resource for educators and foodservice professionals

Honoring island traditions and promoting regional variations of local dishes are at the heart of a new USMEF marketing program to incorporate U.S. beef and pork into culinary communities throughout the Caribbean islands.

“The culinary histories of the islands are fascinating and ever-evolving,” says USMEF Caribbean Representative Elizabeth Wunderlich. “But there are no resources available that capture the multi-cultural influences...

 

Full Story »
Feb 21 12:05 PM, Urner Barry


ANALYSIS: A Closer Look at Formula vs. Negotiated Sales in the Boneless Beef Segment

In the domestic boneless beef sector, it is widely acknowledged that a significant volume of trade is conducted through formula pricing agreements. This analysis delves into this phenomenon, utilizing the volume reported by the USDA of fresh 50% lean trim as an example.

The chart above illustrates that, for the week ending 2/16/2024, 86.57% of the fresh 50% lean trim traded was priced through formulated agreements. To break this down, out of the total trade volume of 19.28M lbs.,16.69M lbs...

 

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Feb 21 8:16 AM, Urner Barry


The Retail Rundown: Finalizing February’s Features

Retailers are finalizing their February features while actively preparing for spring demand, which is bolstered by seasonal factors like warmer weather along with holidays including St. Patrick’s Day and Easter.

Retail features are shifting from red meat and poultry towards seafood as Lenten observers begin the 40 days of fasting and reduced meat consumption. 

The seafood complex continues to hold the top spot within total protein features, accounting for 37% this week. Beef follows with 21% of retail buying opportunities, while pork closes in at 19%. Chicken claims almost 16% of ad space, nearly...

Full Story »
Feb 21 7:55 AM, UB Newswires


Fogo de Chão Celebrates the Return of the Porterhouse to the Churrasco Experience for a Limited Time

Fogo de Chão, the internationally-renowned restaurant from Brazil, invites guests to indulge in the premium Porterhouse cut as it returns to the Full Churrasco Experience for a limited time starting today at all U.S. locations, including Puerto Rico. The Porterhouse is an indulgent cut that includes both a New York Strip and Filet that is cooked bone-in, and served sliced tableside, delivering a juicy and rich flavor with every bite. Fire-roasted and seasoned with rock salt, the Porterhouse adds...

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Feb 20 10:44 AM, Urner Barry


Podcast: Agri-Food for Thought on Valentine's Day and "Hot" Cocoa Prices in 2024

Jamie and Simon gear up for Valentine's Day with insights on consumer spending and the price tag on the food products they love. Featuring special guest, Andrew Moriarty! Listen Now. 

Full Story »
Feb 12 8:00 AM, Urner Barry


U.S. Pork Export Value Sets Annual Record; Strong Finish for Beef Exports

Led by a record-shattering performance in Mexico and broad-based growth in other markets, U.S. pork exports set a value record in 2023, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While 2023 beef exports were below the record totals posted the previous year, December exports were the largest since August and December export value increased 10% year-over-year.

December pork exports climbed nearly 10% from a year ago to 268,399 metric tons...

Full Story »
Feb 9 9:11 AM, Urner Barry


Surrender to Flavor: Carl's Jr. Celebrates Free Burger Day on Feb. 12

After days of speculation, hints, and leaked messages, it's time to confirm the truth. Carl's Jr.® is celebrating big wins and bold, irresistible flavors on Feb. 12 by giving away free Western Bacon Cheeseburgers to My Rewards members for Carl's Jr. Free Burger Day, the day after the big game. Yes, that's correct, FREE.

Get prepared! Download the Carl's Jr. app and join the free My Rewards program today. On Feb. 12, My Rewards members will receive...

Full Story »
Feb 8 3:38 PM, Urner Barry


V&V Walsh Signs MOU With Chinese Supplier to Increase Beef and Lamb Exports

Exports of Western Australian grain-fed beef, lamb, and mutton are expected to increase thanks to a $40 million trading partnership memorandum of understanding (MOU) signed by V&V Walsh with China’s High Hope Group.

V&V Walsh is Western Australia’s leading lamb and beef producer. The MOU signed with the High Hope Fresh Food division links V&V Walsh to end-users in the High Hope Group’s Jinling Hotel chain, which has 118 luxury hotels and resorts throughout China...

Full Story »
Jan 30 10:21 AM, UB Newswires


That's Amoré! Maggiano's Little Italy® Celebrates Valentine's Day Signatures

Maggiano's Little Italy® has announced the return of its specially-crafted Valentine's Day dine-in and carryout menus for couples and some decadent seasonal features for the month of February. As a restaurant focused on bringing people together over the joy of delicious food and drink the Italian-American restaurant is looking forward to delivering extra-special romantic offerings to its guests this holiday!

During the month of love, Maggiano's will have mouth-watering seasonal features to indulge in including a Shrimp Parmesan appetizer, Bone-in Veal Parmesan...

Full Story »
Jan 29 2:42 PM, Urner Barry


ANALYSIS: Stiff Competition for Lean

In conversations with cow packers across the country, a re-occurring topic of discussion is diminishing margins as they contend with higher prices to compete for animals in short supply. This sentiment is reinforced by the graph below, highlighting the USDA Weekly National Dressed Direct Cow Market (all weights), which soared to a record high of $225.19/cwt in August 2023 and has remained elevated since.

Despite the historic surge in cow pricing, the available supply continues to contract. As of the week of January 15, cow and bull slaughter declined over 16%...

Full Story »
Jan 26 9:53 AM, Urner Barry


U.S. Pork and Beef Nutrition Showcased at Ironman Event in Colombia

USMEF partnered with Colombian importers to promote U.S. pork and beef nutrition and product availability during an athletic competition in Cartagena. When promoting the health and nutritional benefits of high-quality U.S. pork and beef in Latin America, USMEF sometimes establishes a high-profile U.S. industry presence at targeted events in key markets. One recent event was in Colombia, where an Ironman competition brought health and nutrition-conscious athletes and families together for three days in Cartagena.

With an audience focused on nutrition and athletic performance, USMEF put...

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Jan 26 7:40 AM, Urner Barry


Greater Omaha Packing Acquires Nebraska Meat and Bone Meal Company Heartland Proteins

US beef supplier Greater Omaha Packing has acquired Heartland Proteins, a purchaser and distributor of meat and bone meal for the feed industry.

Established by Keith Fulton, Heartland Proteins began operations in 2018. Its blending plant in Omaha, Nebraska became operational in January 2020. Its main supplier is Progressive Protein, the wholly owned rendering operation of Greater Omaha Packing.

According to Greater Omaha Packing, the acquisition will significantly expands its capabilities and allow the company to better serve a broader customer base for bovine-originated products...

Full Story »
Jan 23 10:25 AM, FeedInfo


ANALYSIS: Weather, Seasonal Demand Providing Momentum for Outside Rounds in 2024

To begin the year, outside rounds have witnessed noticeable strength, with pricing moving higher in rapid fashion. Urner Barry’s Choice Outside Round quote began the year at $2.75/lb., just slightly below levels seen at the start of 2023. However, the item has jumped by over 28 percent to $3.53/lb. in less than three weeks. As of January 15, outside rounds are 19 percent above the 3-year average.

To put this in perspective, the last time outside rounds were a...

Full Story »
Jan 19 11:09 AM, Urner Barry







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