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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 972 dairy operations across 17 states, raising widespread uncertainty throughout the dairy and livestock markets. Industry participants have raised concerns about the outbreak's potential impact on consumer perception and demand for dairy and meat products, though government agencies reiterate that the national food supply remains safe. Expana is closely monitoring the situation...

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Feb 18 2:53 PM, Expana



Applebee’s Brings the Big Easy to Your Table with NEW Bourbon Street Cajun Pasta Dishes

Applebee’s is adding new “Bourbon Street Favorites” to its lineup with its NEW Big Easy Menu, featuring two NEW Bourbon Street Cajun Pasta dishes, available for a limited time! Packed with bold New Orleans-inspired flavors, guests can enjoy the NEW Bourbon Street Chicken & Andouille Sausage Penne for $11.99* or the NEW Blackened Shrimp & Andouille Sausage Penne for $13.99*, in addition to fan-favorites including Applebee’s Bourbon Street Chicken & Shrimp Skillet, Bourbon Street Steak, or the Bourbon Street Mushroom Swiss Burger...

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Feb 18 12:09 PM, Expana


First Dual-Branded Applebee’s® | IHOP® Restaurant in the United States Opens in Texas

Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, announced the grand opening of its first dual-brand Applebee’s | IHOP restaurant in the U.S. in partnership with franchisee Ramzi Hakim Group. The new restaurant opened to the public on Tuesday, February 18, 2025, in Seguin, Texas, just outside of San Antonio.

At the dual-branded Applebee’s | IHOP restaurant guests can enjoy all...

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Feb 18 11:45 AM, Expana


US Foods Reports Strong Fourth-Quarter and Fiscal Year 2024 Results

US Foods has announced its fourth-quarter and fiscal year results, showcasing strong growth and solid profit performance.

Fourth Quarter Highlights

US Foods achieved a 3.5% increase in total case volume in Q4. Net sales rose by 6.2%, reaching $9.5 billion. The company also saw a noteable rise in net income, which climbed to $66 million. Gross profit for the quarter increased by 4.8%, totaling $1.7 billion.

Fiscal Year 2024 Overview

For the full fiscal year 2024, the company reported a 4.2%...

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Feb 18 8:00 AM, Expana


Freddy's Introduces National Steakburger Day with $1 Original Doubles

Freddy's Frozen Custard & Steakburgers® is officially declaring February 24 as National Steakburger Day to celebrate the brand's famous steakburgers. Starting Feb. 14, Freddy's Rewards members will enjoy a variety of in-app rewards as part of an ongoing celebration. The promotion culminates on February 24 with an in-app offer for a $1 Freddy's Original Double.

First-time guests often ask, 'What makes a Freddy's steakburger special?' Freddy's starts with premium, lean ground beef pressed thin and seared on a flat-top grill to create deliciously crispy...

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Feb 14 2:52 PM, Expana


What Trump Tariffs Mean for Food and Agriculture Trade

US President Donald Trump announced a 25% tariff on imports from Canada and Mexico and an additional 10% tariff on imports from China.

Tariffs for Canada and China are in effect as of February 4, while the tariffs on Mexico have been delayed for one month following negotiations with Mexican President Claudia Sheinbaum, who agreed to send 10,000 members of her country’s national guard to the border to address drug trafficking... 

 

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Feb 14 11:06 AM, Expana


ANALYSIS: US Beef Impacts if 25% Tariff on Canada Resumes

On Monday, February 3, President Trump announced the postponement of a 25% tariff on Canadian goods, with the possibility of reinstating it in 30 days. This delay comes amid ongoing discussions and underscores the importance of Canada's longstanding trade relationship with the United States (US). Now, universal tariffs are under consideration for future trade action. Canada remains one of the US's largest trading partners, with trade agreements spanning decades, including the Canada-US Free Trade Agreement and the United States-Mexico-Canada Agreement (USMCA).

Beef and live cattle...

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Feb 14 8:36 AM, Expana


ANALYSIS: US 2025 Coarse Ground 73% Sees Spike & February Pullback

Coarse ground 73% has experienced significant price volatility so far in 2025. The past few weeks have seen sharp fluctuations, with prices starting at $2.35/lb in early January before surging to $3.07/lb in just two weeks, a 31% increase, surpassing year-ago levels by 5%, according to Expana’s Benchmark Pricing. This spike was largely driven by a combination of increased demand ahead of the Super Bowl and tightened supplies of lean material.

Historically, this type of price movement is not uncommon for coarse ground...

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Feb 14 8:31 AM, Expana


ANALYSIS: New Zealand’s 2024 Total Cattle Slaughter Falls to 6-Year Lows at 2.63M Head 

New Zealand’s total livestock slaughter in 2024, covering bulls, cows, heifers, and steers, dropped to the lowest level since 2018, reaching 2.63 million head, according to official Stats NZ data.

With an annual decline of 113,823 head, kill rates slumped 4.2% year-on-year (y-o-y), driven primarily by drought-induced destocking, particularly in the South Island. A reduction in breeding cows, along with fewer calves raised since 2022 due to profitability challenges, further tightened supply...

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Feb 14 8:26 AM, Expana


Recall Issued for 33,899 Pounds of Uninspected Beef Tallow

The USDA’s Food Safety and Inspection Service (FSIS) has announced a recall of approximately 33,899 pounds of beef tallow produced by Common Sense Soap. The affected products were processed, packaged, and labeled on behalf of Lady May Tallow without the required federal inspection.

The recalled items were produced between October 16, 2024, and February 6, 2025, and do not bear the USDA mark of inspection because Common Sense Soap does not have a federal grant of inspection to produce food products. These products were distributed to retail locations nationwide by...

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Feb 13 9:07 AM, Expana


FSIS Issues Public Health Alert for Undeclared Allergen in Pasty Oven Products

The USDA's Food Safety and Inspection Service (FSIS) has issued a public health alert for misbranding and undeclared allergens related to certain products from The Pasty Oven, Inc. The issue was discovered during a routine label inspection.

The affected products are fully cooked, ready-to-eat meat and poultry pasties that were produced using an egg wash, which is not listed as an ingredient on the label. No recall has been issued, as the items are no longer available for purchase...

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Feb 13 8:42 AM, Expana


The Retail Rundown: Valentine’s Day Brings Foodservice Gains 

The grocery segment received a boost from last weekend’s pro-football championship game, with strong movement at the meat case. According to Circana data, retail chicken wing sales ahead of the game reached about $8.7 million, up from $8.5 million the previous week. Pork ribs brought in nearly $7 million, rising from $6.7 million, while ground beef sales totaled approximately $76 million, compared to $74.7 million the prior week. 

Looking ahead, February is typically a slower month for retail and overall meat demand. However, Valentine’s... 

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Feb 12 11:04 AM, Expana


ANALYSIS: Brazilian Beef Exports Kick Off 2025 with a 10.9% M-o-M Decline, Hold Steady Y-o-Y

According to the latest data released by Brazil’s Ministry of Development, Industry, Trade, and Services, Brazilian beef exports totaled 180,471 MT in January 2025, marking a 10.9% decline compared to December. Despite the monthly drop, volumes remained largely stable Y-o-Y, down just 0.6% from January 2024.

Shipments to China, Brazil's primary market, fell 20.0% M-o-M to 91,181 MT, accounting for 50.5% of total exports. On an annual basis, exports to...

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Feb 12 10:11 AM, Expana


White Castle names Melissa Palmisciano Vice President, General Counsel

White Castle, the pioneer of The Original Slider® and renowned restaurant and consumer packaged goods (CPG) brand, announced that Deputy General Counsel Melissa Palmisciano has been promoted to vice president and general counsel.

Palmisciano, who joined White Castle as corporate counsel in 2018 and has provided key legal leadership in areas including intellectual property, real estate, litigation and employment law, will fill the role formerly held by new White Castle President Anthony Joseph.

"Melissa sets a high standard through the tenacity and diligence she exhibits to model White Castle's...

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Feb 11 1:18 PM, Expana


Jennings Premium Meats Breaks Ground on $2 million Expansion

Jennings Premium Meats announced the groundbreaking of a new addition to its current meat processing facility in New Franklin, Mo. The company is adding 4,800 square feet of manufacturing space to increase its snack stick processing capacity.

The $2 million project — partly funded by a grant through the Show-Me Entrepreneurial Grants for Agriculture program from the Missouri Agricultural and Small Business Development Authority — is expected to be completed by July 1.

“This expansion is the next step to build our capacity and continue to...

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Feb 11 9:04 AM, Expana


US Valentine's Day Index 2025

As Valentine’s Day traditionally provides a boost for restaurants and confectionary retailers, Expana has analyzed the key commodities associated with this holiday.

Expana’s US Valentine's Day Chocolate Index consists of cocoa beans, sugar, and skimmed milk powder (SMP). In addition, consumption of strawberries increases during the Valentine’s Day period, and vanilla is widely used in preparation of cakes and chocolates. As a result, Expana has included the prices of these commodities separately in this report.

Although US consumers and retailers will welcome more affordable meal prices than in 2024, the cost of confectionery this Valentine’s...

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Feb 11 8:00 AM, Expana


Subway® is Setting You Up on The Perfect "Eat Cute" with a BOGO Footlong Deal for Valentine's Day

Subway® celebrates the season of love with a sweet deal for all footlong lovers to share with their Valentines.

Starting February 10 for a limited time, fans can use promo code FLBOGO on Subway.com or the Subway app to order their most beloved footlong and get another footlong free.* Whether planning a Galentine's Day, friendly hangout or a night with a special someone, Subway is making your next meal an "Eat Cute" with freshly made...

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Feb 10 2:35 PM, Expana


Meat Production in Germany Rises for the First Time Since 2016 

Germany's meat production increased by 1.4% y-o-y in 2024, totaling 6.9 million metric tons, according to the Federal Statistical Office (Destatis). This marks the first rise in production since 2016.  

Pork production recorded the greatest proportional increase, rising by 1.9% to 44.6 million tons, although still 24.9% below the 2016 peak. Production was also up in terms of the number of pigs slaughtered, by 1.2%, including a 1.6% rise in domestic origin slaughtered. The number of imported pigs slaughtered in German farms, on the other hand...

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Feb 10 11:48 AM, Expana


Delicious Deal Alert! Domino's® Launches Any Crust, Any Toppings for $9.99 Each

Domino's Pizza Inc. is giving customers more of want they want: the most delicious food at a great price. The largest pizza company in the world is offering customers any crust, with any toppings, for $9.99 each when they order online between Feb. 10-March 2.

Customers can choose from Hand Tossed, Handmade Pan, New York Style, Gluten Free or Crunchy Thin Crust as part of this deal.

"With Valentine's Day right around the corner, what's not to love about this offer?!"...

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Feb 10 9:25 AM, Expana


ALDI Announces Plans to Open a Record-Breaking 225+ New Stores in 2025

ALDI, the fastest-growing grocer in the U.S., today announced its plan to open more than 225 new store locations in 2025 as part of the next phase of its five-year national growth strategy. This is the most stores ALDI will open in one year in its nearly 50-year U.S. history as more shoppers than ever look to save up to 36% on an average shopping trip.*

The new stores will open through a combination of organic growth and converting select...

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Feb 10 8:45 AM, Expana


U.S. Pork Exports Record-Large in 2024; Beef Export Value Trends Higher

Exports of U.S. pork eclipsed previous highs in both volume and value in 2024, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef export value climbed 5% from 2023 despite a slight decrease in volume as unit export values were record high. Lamb exports trended higher than a year ago in both volume and value.

December pork exports totaled 267,132 metric tons (mt), slightly below last year’s large volume, while value increased...

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Feb 10 8:34 AM, Expana


ANALYSIS: Mexico-US Cattle Trade Suspension Impact

The US Department of Agriculture suspended Mexican cattle imports in late November 2024 after detecting New World Screwworm in Southern Mexico. This finding triggered immediate trade restrictions, resulting in estimated losses of roughly 270,000 head through January 2025. December-January trade historically represents 15% of annual cattle movement between both nations. After more than two months of suspended operations and extensive protocol reviews, the Animal and Plant Health Inspection Service (APHIS) worked with Mexican authorities to establish comprehensive pre-clearance inspection and treatment procedures...

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Feb 7 10:20 AM, Expana


Sonny’s BBQ Names George McAllan as New Chief Growth Officer

Sonny’s BBQ, the industry-leading BBQ restaurant rooted in quality food and spreading kindness, announced today the addition of George McAllan, new Chief Growth Officer, to the Sonny’s leadership team. George brings decades of experience working in both the franchisor and franchisee roles.

“George’s extensive experience leading operations for some of America’s most-loved restaurant brands is an incredible asset to our team as we continue to expand our footprint and serve our famous BBQ to fans across the South and beyond,” said Jamie...

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Feb 7 10:11 AM, Expana


Panera Bread Announces Santhosh Kumar as Chief Information Officer

Panera Bread, a leader and pioneer in the fast casual restaurant industry, today announced that Santhosh Kumar has joined the company as Chief Information Officer, effective February 12, reporting to Interim CEO Paul Carbone. Kumar will lead the company’s technology organization, responsible for the development, integration and deployment of technology across more than 2,200 Panera cafes. In his new role, Kumar will partner with the Panera Bread leadership team and franchisees to drive an exceptional team member and guest experience.

“I’m thrilled to welcome Santhosh to the Panera Bread leadership team...

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Feb 6 11:33 AM, Expana


ANALYSIS: Australia’s January Beef Exports Ease into 2025 at 81,050 mt

Australia’s beef exports in January 2025 fell 36.4% month-on-month (m-o-m) to 81,050 metric tons (mt), according to data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

The 46,343 mt decline aligned with historical trends, as shipments contracted from December 2024’s strong 127,393 mt.

Asian importers’ preference for receiving products before the Lunar New Year led to higher shipments in December rather than January, particularly for Korea and China, which began receiving in-quota products on January 1. Australia’s seasonal shutdown and...

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Feb 6 8:29 AM, Expana


ANALYSIS: US Tariffs could Shift Export Gains Against Rising Costs for Brazil

President Trump’s trade war could reshape trade flows by driving countries like Mexico and China toward Brazil or forcing them to negotiate with the US in an attempt to avoid tariffs. Simultaneously, a strong USD would likely lead to inflation in Brazil by increasing import costs and boosting export volumes, leading to higher domestic prices in Brazil.

Tariffs will either force buyers closer to Brazil or to negotiate with the US. Should a new wave of tariffs lead to a decrease in the competitiveness of...

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Feb 6 8:25 AM, Expana


ANALYSIS: Uruguay’s Beef Exports Kick Off 2025 with 17.4% Monthly Growth, Up 3.9% Y-o-Y

Uruguay’s beef exports surged in January 2025, reaching 31,750 MT, marking a 17.4% increase M-o-M from December 2024’s 27,038 MT and a 3.9% rise Y-o-Y from January 2024’s 30,544 MT. While the overall trend shows resilience, the composition of shipments reveals shifting market dynamics, particularly concerning China’s slowing demand and the US’s growing share.

Shipments to China, the largest buyer, totaled 12,742 MT, capturing 40.1% of Uruguay’s total exports, which represents a 12.1% M-o-M increase. However...

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Feb 6 8:22 AM, Expana


Meat Institute Expands Legislative Affairs and Marketing Teams with New Hires

The Meat Institute today announced the expansion of its legislative affairs and marketing teams with the addition of two new employees. (photos available by email request to slittle@meatinstitute.org.)

Chris Chaffee joins the Meat Institute as Director of Legislative Affairs working with Vice President of Legislative Affairs Nathan Fretz advocating for the meat and poultry industry with members of congress and federal officials. Chaffee will also help manage the Meat Institute’s Political Action Committee, MeatPAC.

“Chris Chaffee has extensive experience in advocacy, as well as serving in various...

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Feb 6 8:00 AM, Expana


Freddy's Promotes Erin Walter to Chief Marketing Officer

Fast-casual restaurant concept Freddy's Frozen Custard & Steakburgers® announced today the promotion of Erin Walter to chief marketing officer (CMO).

As the newly appointed CMO, Erin Walter will oversee all aspects of the company's marketing initiatives, working closely with the executive team to drive brand awareness, guest engagement, and overall business growth. Her innovative leadership style and strategic thinking are expected to bring a fresh perspective to the company's marketing strategies.

"Erin's talent and dedication have greatly benefited our team. Her strategic vision and creativity have been...

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Feb 5 2:47 PM, Expana


ANALYSIS: Tourism Boom Aids Japan's 2024 Total Beef Imports to Rise 4.4% Y-o-Y Despite Weak Yen

Japan’s 2024 total beef imports rose 4.4% year-on-year to 526,166 metric tons (mt), according to the latest statistics by Trade Statistics of Japan.

As the world’s third-biggest beef importer, inbound tonnage was 22,227 mt higher compared to the previous year, aided by its tourism boom. Higher volumes from Australia, New Zealand and Uruguay supported this growth, while supply from the United States (US) slumped as it grappled with its lowest herd size in 73 years...

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Feb 4 10:14 AM, Expana


Let Beef Take Your Big Game Party to the Endzone

Whether you're rooting for Kansas City or Philadelphia, fans can agree on one thing – football season is better with beef. That's why the Beef. It's What's For Dinner. brand, funded by the Beef Checkoff, is sharing some fan favorite game day recipes ahead of kickoff.

While the commercials get going and the coin toss gets underway, it's the perfect time to start off with a good dip. This Cheeseburger Dip combines ground beef with your favorite cheese and burger toppings for that classic burger taste – just dip with...

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Feb 3 8:25 AM, Expana


ANALYSIS: Lower Cattle Kills Weigh on New Zealand's 2024 Total Beef Exports

New Zealand’s 2024 total beef exports fell 5.6% year-on-year (y-o-y) to 497,014 metric tons (mt), according to the latest Stats NZ data.

Slipping 29,244 mt from the previous year, outbound shipments were curtailed by lower cattle numbers and weaker performance to its once largest trading partner, China. Demand from the United States (US) helped offset this decline, particularly for lean boneless beef as its grappled with its lowest herd size since 1951. Growth in other key markets such as Canada and Japan...

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Jan 31 10:25 AM, Expana


US Meat Trade Faces Uncertainty Ahead of Tariff Implementation

On Thursday, President Trump reaffirmed his plan to impose 25% tariffs on goods imported from Mexico and Canada, set to take effect on February 1, 2025. He is also considering an additional 10% tariff on Chinese imports.

The announcement has heightened uncertainty across many industries, including the livestock and meat sectors. The tariffs threaten to significantly disrupt live cattle shipments from Mexico and Canada, both key suppliers...

Compounding these challenges, a ban on feeder cattle imports from Mexico remains in effect following...

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Jan 31 9:01 AM, Expana


ANALYSIS: 2024 Mexican Beef Export Dynamics

The Mexican beef export market throughout 2024 reflected the complex interplay of macroeconomic factors and trade dynamics, resulting in significant shifts in export patterns and market behavior.

Currency movements played a pivotal role in shaping market dynamics, particularly during the first half of the year when the Mexican peso showed unprecedented strength, reaching MXN 16.43 per USD, a level not observed since 2015. This currency appreciation created challenging conditions for export operations, as it effectively reduced the competitive advantage of Mexican beef in international markets. 

The market landscape underwent a substantial...

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Jan 31 8:08 AM, Expana


ANALYSIS: “Other” Countries Quota of Imported Beef to the US Full in January 2025

The “other” countries quota for beef arrivals to the US was set at 65,005 MT for 2025 and was quickly filled by January 17. In 2024 the quota was not reached until early March. Any beef arriving outside of this quota from origins that are not Argentina, Australia, New Zealand or Uruguay will now be hit with a 26.4% tariff. The chart below depicts the weekly amount of beef passed for entry from a country within the quota range for the...

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Jan 30 8:19 AM, Expana


Say 'YES!' to an Onion Ring This Valentine's Day and Red Robin Will Replace It with a Diamond Ring

Love is in the air and Red Robin Gourmet Burgers, Inc. wants to help one lucky pair of lovebirds pop the question on Valentine's Day. Red Robin invites burger-loving couples to get engaged with one of its fan-favorite golden onion rings for the chance to win a diamond engagement ring of choice, valued at up to $10,000, along with Red Robin's Towering Onion Rings® for the duration of their engagement*.

Diners willing to propose...

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Jan 29 3:02 PM, Expana


Meat Institute Provides President Trump with Strategies to Reduce Costly Regs. & Address Meat Prices

The Meat Institute today sent the following letter to President Donald Trump to provide strategies to reduce burdensome regulations and address meat prices for consumers.

The following is the text of the letter, dated January 27, 2025, and signed by Meat Institute President and CEO Julie Anna Potts.

Dear Mr. President:

Congratulations on your victory and inauguration! The Meat Institute and its members look forward to working with you and your administration to reduce regulatory burdens and unleash economic prosperity...

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Jan 29 9:37 AM, Expana


The Retail Rundown: Record Championship Game Viewership Expected to Drive Food Sales

As January comes to a close, grocers are actively preparing for the year's first major food-buying event, the pro-football championship game in New Orleans.

With a record-breaking audience expected to tune in to the big game on Sunday, February 9, retail and foodservice sectors anticipate a boost in sales as consumers indulge in game-day finger foods.

According to the National Retail Federation (NRF), an estimated 203.4 million U.S. adults will tune in with total spending projected to reach $18.6 billion...

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Jan 29 9:00 AM, Expana


United Natural Foods Shares Top Trends to Help Grocery Retailers Prepare for Summer Selling Season

United Natural Foods, Inc. completed its Spring and Summer Selling Show in San Diego, CA, the first of the Company’s 2025 show season. The two-day show brought together more than 4,300 attendees, connecting 1,800 retailers with 800 supplier brands. Exhibitors showcased thousands of unique brands spanning natural, organic, fresh, specialty, and conventional grocery products.

During the show, UNFI experts discussed current trends and emerging growth opportunities across the grocery retail industry. Top trends include*...

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Jan 27 8:06 AM, Expana


ANALYSIS: The Price of Heavy Cutter Cows Increases for the Eighth Straight Week

The price of a cutter cow over 500 lbs continued its eight-week streak of increases, currently sitting at $2.38/lb. At the start of 2024 prices hovered around $1.85/lb marking a year-on-year increase of 28.65%. This uptick comes as cow slaughter levels began to decline in the second half of 2023, possibly signaling a retention period like the last one seen in 2016.

Within the past couple weeks, winter weather has been a...

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Jan 24 9:32 AM, Expana


ANALYSIS: Wider Market Access Propels 5.0% Growth in China’s 2024 Total Beef Imports

China's 2024 total beef imports reached 2.87 million metric tons (mt), according to data from the General Administration of Customs of China (GACC).

Annual growth was pegged at 5.0%, rising by 137,816 mt, driven by wider market access. Gains from the Mercosur trade bloc, including Brazil, Argentina, and Uruguay, bolstered growth, while reduced in-bound shipments from Australia, New Zealand, and the United States (US) capped further expansion.

Much of 2024’s import growth was driven largely by the dent in Brazilian imports...

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Jan 23 8:41 AM, Expana


The Retail Rundown: Arctic Blast Supports Egg Demand While Seafood Leads Ads

Seafood continues to lead the retail protein category for the fourth consecutive week, accounting for 29% of all featured advertisements. Beef comes in second with 25%, while pork and chicken are tied at 20% each.

Arctic air across much of the country and an unusual winter storm in the South have influenced product movement and demand this week. Expana reports that the frigid conditions have boosted egg demand as consumers stock up on essentials.

Wholesale egg prices have ascended to a fresh all-time high, with Expana’s Midwest large quotation at...

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Jan 22 9:18 AM, Expana


Hormel Foods Announces Retirement of Brian Johnson, Vice President and Corporate Secretary

Hormel Foods Corporation, a Fortune 500 global branded food company, announced the upcoming retirement of Brian Johnson, vice president and corporate secretary.

“Throughout his 30-year career at Hormel Foods, Brian has been a trusted advisor to me, our executives and our Board of Directors,” said Jim Snee, chairman of the board, president, and chief executive officer at Hormel Foods. “Brian has earned tremendous respect internally, externally, and with our Board of Directors, for his expertise, sound judgment, integrity and dedication. Brian and his wife...

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Jan 20 9:16 AM, Expana


ANALYSIS: US XT Inside Rounds Enter 2025 at Record High Price Levels

Inside rounds entered January 2025 at a record high price of $3.55/lb, a 38% year-over-year increase. This surge began in early December 2024, as prices rebounded from $2.93/lb to $3.35/lb by Christmas, driven by retailers stocking up for the post-holiday period when a more typical beef consumption resumes.

The rise was further supported by two consecutive weeks of reduced slaughter due to the Christmas and New Years holiday plant closures and winter storms, which disrupted production and logistics, tightening... 

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Jan 17 8:54 AM, Expana


ANALYSIS: Tepid Demand Sinks Korea's 2024 Total Beef Imports to 4-Year Lows

Total beef imports to Korea in 2024 tumbled to the lowest levels since 2020 to 461,028 metric tons (mt), according to the latest Korea Customs Service data. Inbound shipments were 2.5% lower compared to the previous year, shedding 11,861 mt amid reduced demand.  

Korea's beef market, long a cornerstone of its evolving dietary landscape, faced a basket of headwinds in 2024. A sputtering economy and political instability squeezed consumer spending, while the Korean won’s drop to multi-year lows further eroded importers’ margin...

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Jan 17 8:46 AM, Expana


ANALYSIS: US Imported Beef Prices Hold Firm in the New Year Despite Rising Imports

Prices for imported Australian/New Zealand (Aus/NZ) and Brazilian beef remained buoyant in January 2025, showing no signs of easing despite increased supply. Lower domestic production has caused some participants to seek alternatives in the imported market.

Since November 2024, Aus/NZ beef has experienced a $13/cwt increase, or roughly 5%, supported by the lowest US cattle numbers in decades. Drought conditions over the past two years have contributed to a significant decline in US cattle numbers, which are now at their lowest...

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Jan 16 8:05 AM, Expana


Foreign-Owned Agricultural Land in the US Increases

From 2022 to 2023, there was a 1.58-million-acre increase in foreign-held agricultural land, according to Farm Bureau. In the US, 45.85 million acres of agricultural land were held by foreign investors in 2023, representing 3.61% of total privately held agricultural land, according to the USDA’s Agricultural Foreign Investment Disclosure Act (AFIDA) report which shows an upward trend of land ownership by foreign entities across the nation. 

Since 2010, reports of foreign-held agricultural land have increased. This expansion is 21 million acres, or an area larger than South Carolina...

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Jan 16 8:00 AM, Expana


Capriotti's Sandwich Shop Debuts First Location in New Jersey

Capriotti's Sandwich Shop (Capriotti's), known for its award-winning, hand-crafted cheese steaks, turkey subs and more, has announced its debut in New Jersey with opening of a new location in Princeton. The shop is slated to open in the Princeton Shopping Center, at 301 N Harrison Street Unit 470 on Jan. 21st, 2025. Capriotti's introduces local communities across the U.S. to the brand's 40-year-old tradition of slow-roasting whole, all-natural turkeys in-house, and other one-of-a-kind sandwiches made using the freshest ingredients...

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Jan 15 2:28 PM, Expana


Start the New Year with Steak Stroganoff: Noodles & Company's Fan-Favorite is Back

Steak Stroganoff is once again Steak StroganON! Noodles & Company (NASDAQ: NDLS), the fast-casual chain known for delivering Uncommon Goodness, is kicking off the New Year with flavor, announcing the highly anticipated return of Steak Stroganoff. Beginning today for a limited time, guests can enjoy Steak Stroganoff at all Noodles locations nationwide, in restaurants, or by placing an order through the Noodles mobile app or third-party delivery.  

Noodles Delivers What Guests Are Craving 
In its celebrated return in 2024, Steak Stroganoff made a remarkable impact, selling...

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Jan 15 9:27 AM, Expana


The Retail Rundown: Weekly Protein Recap; CPI Update

Seafood leads protein advertising for a third consecutive week, accounting for nearly 31% of total ad space. Pork follows with nearly 23% and beef makes up 21%. Chicken represents 19% of the advertising share, while eggs capture less than 1%.

The seafood category shows mixed price trends year-over-year (YOY), with fresh cod fillets discounted to $8.37 per pound last week—down 53 cents from the previous year. Prices for catfish and tilapia remained steady YOY, each averaging about $6.60 discounted...

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Jan 15 9:00 AM, Expana







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