Fed Holds Rates Steady for First Time Since July
Officials offered little clarity on when cuts might resume. Two governors favored a rate reduction.
The Federal Reserve entered a new holding pattern on interest rates Wednesday and signaled little urgency to resume cuts after contentious reductions at officials' three previous meetings.
The decision to hold the benchmark federal-funds rate steady in a range between 3.5% and 3.75% was approved on a 10-2 vote.
Officials made fairly modest changes tothe post-meeting statement explaining their decision, retaining language that typically has signaled openness to further...
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ANALYSIS: US Imports of Mexican Beef Firm at Start of Year
The Mexican export market has started the year with firm tones in fresh beef cuts moving into the US, as weekly import volumes continue to show upward movement relative to both the previous two years and the five-year average. Early-January data indicate that fresh beef cuts are posting year-on-year increases on a weekly basis, supported by stronger buying interest from US importers facing limited domestic availability. Market participants report that tighter US supplies of Select and Standard material have...
ANALYSIS: Early-2026 Turkey Slaughter Signals Stabilization, Disease Risks Cap Upside Potential
2026’s preliminary weekly slaughter data for 2026 offers a cautiously constructive signal for the turkey industry. On paper, modest year-over-year improvements in turkey egg sets and poult placements toward year-end 2025 also suggest that a slight improvement in production could be in the cards as the year progresses. That said, optimism remains tempered by ongoing disease challenges, which loom large, keeping expectations restrained across the...
Kroger Adds 24 New Items to Simple Truth™ Protein Line
As health and wellness continue to drive dining and purchasing trends, consumers are increasingly looking for ways to strengthen their nutrition, adding protein wherever possible.
In response, brands and foodservice operators are finding new ways to manipulate macros and help consumers pack in more protein without sacrificing taste or affordability.
"As customers focus on their wellness goals in the new year, they are looking for high-quality options that fit their lifestyles and budgets," said Ann Reed, Group Vice President of Our Brands at Kroger.
Bachoco Completes Acquisition of Mexico’s RYC Alimentos
Mexico’s Industrias Bachoco has completed the acquisition of privately held meat processor RYC Alimentos, expanding its footprint in value-added protein products, said the company.
The deal gives Bachoco ownership of two processing plants in Puebla and around 21 retail outlets across Puebla, Oaxaca, Veracruz and Tlaxcala. Financial terms were not disclosed.
Founded in 1983, RYC produces and sells beef, pork and chicken products and generates annual net sales of approximately $150 million. The company employs more than 900 people. Bachoco said the transaction was completed...
ANALYSIS: Saudi Disease Restrictions Accelerate EU Egg Market Adjustment
Saudi Arabia’s temporary suspension of poultry and egg imports from France and Poland, prompted by ongoing HPAI and Newcastle disease outbreaks, adds a further layer of disruption to an EU egg market already marked by elevated sanitary risks and fragmented trade flows. Although the immediate volume impact at the EU‑27 level remains limited relative to the 2020–2021 export peak, the suspension is highly significant in terms of trade concentration and risk pricing for key supplying member states.
Export data from the European Commission...
ANALYSIS: December Turkey Cold Storage Inventories Stay Tight Despite Post-Holiday Shifts
The latest USDA cold storage report for December 2025 continues to underscore a tightly supplied turkey market, even as typical post-holiday adjustments begin to surface. On a year-over-year (YOY) basis, inventories across whole birds, breasts, legs, and total turkey holdings all remained lower, with declines ranging from roughly 27–34%, while MST was essentially flat; down just 1.2% YOY. Collectively, total turkey inventories finished December 24.6% below last year, reinforcing the ongoing impact of production constraints tied to HPAI and related health challenges.
Chili’s Extends Growth Streak to 19 Quarters in Brinker’s Q2 Results
Brinker International, parent company of Chili’s Grill & Bar and Maggiano’s Little Italy, reported financial results for the second quarter of fiscal 2026.
For the period ended December 24, 2025, Brinker posted a 7.5% increase in comparable restaurant sales, driven by strong performance at Chili’s, where comparable sales rose 8.6%. Comparable sales at Maggiano’s declined during the quarter.
Chili’s growth was fueled by continued menu innovation, competitive pricing, and disciplined execution, allowing the brand to expand its customer base and remain the company’s top performer.
The Retail Rundown: Protein Movement Gains from Championship Game and Severe Weather
February is typically a sluggish period for protein sales, but demand tied to the season’s championship football matchup is delivering a timely lift for retailers. As shoppers prepare for watch parties and at-home gatherings, meat cases are seeing an uptick in interest for value-oriented, crowd-friendly cuts.
This week’s promotional mix leans toward beef, which accounts for 26% of total features. Seafood follows closely at 25%, while pork represents 24%. Chicken promotions eased to 17.5%, and egg features held steady at 4%. Turkey ads account for 2% of total ads, led by ground turkey features...
Valentine’s Day Dining Trends Show Shift Beyond Romance According to OpenTable
Restaurants are gearing up for the next major dining holiday: Valentine’s Day.
According to global restaurant tech company OpenTable, this year the industry continues to see a shift as consumers celebrate more than just romantic relationships. From friendships to family and self-love, Valentine’s Day is becoming more inclusive, and restaurants are at the center of it.
"Gen-Z is leading the charge in making Valentine's Day more inclusive," said Cheryl Paniagua, VP of Restaurant Sales & Services at OpenTable.
The data shows that 60%...
Strategic Growth and Innovation Propel WOWorks into a Promising Future
WOWorks, the parent company of several "better-for-you" restaurants, concluded 2025 with significant growth and innovation.
Home to establishments like Saladworks, Frutta Bowls, Garbanzo Mediterranean Fresh, The Simple Greek, Barberitos, and Zoup! Eatery, the WOWorks umbrella maintained a steady stream of new franchise agreements, opened multiple new restaurants, and launched enhanced co-branding initiatives that are driving momentum across its fast-casual dining platform.
Notably, the WOWorks platform has demonstrated substantial growth by integrating Frutta Bowls into select Saladworks and Barberitos locations, resulting in 10...
ANALYSIS: US Boneless Beef Cold Storage Stocks Post the Lowest December Figure in 10 Years
Boneless beef cold storage stocks ended 2025 with 39.78 million lbs in December, according to the latest US Department of Agriculture (USDA) cold storage report. While this represents an increase of 1.25 million lbs from November, boneless beef cold storage figures typically climb throughout the latter half of
ANALYSIS: Argentina’s Fresh Beef Exports Dropped 7.2% in 2025 to 713,363 mt
The latest data released by Argentina’s National Institute of Statistics and Census indicated that fresh beef exports (chilled and frozen) dropped further in December, extending the downward trend that had been in place since August and mirroring the pattern observed in the previous year. Shipments declined 14.5% MOM to 56,708 mt, standing 1.8% below December 2024 levels. On a full-year basis, fresh beef exports totaled 713,363 mt, 7.2% lower than 2024 figures.
This contraction occurred against a backdrop of tighter cattle availability and a shift in export composition, with a greater focus on higher value destinations and reduced reliance on volume driven flows, particularly to China. As a result, overall shipments remained constrained throughout the second half of the year, even as global demand conditions stayed firm.
Sysco Delivers Solid Q2 Performance, Driven by Volume Growth and Margin Expansion, Raises Outlook
Sysco Corp. reported solid financial results for the second quarter of fiscal year 2026, driven by improved volume performance, margin expansion, and continued execution of company-specific growth initiatives.
The company posted second-quarter sales of $20.8 billion, up 3.0% year-over-year (YOY). Gross profit increased 3.9% to $3.8 billion, with gross margin expanding 15 basis points to 18.3%, reflecting effective management of product cost inflation and strategic sourcing efficiencies. Operating income declined 2.8% to $692 million, while ...
EC Creates Task Force to Strengthen Import Controls on Food and Feed Safety
The European Commission (EC), on January 26, 2026, launched a new Task Force aimed at reinforcing the European Union’s ability to ensure that imported food and feed products meet its safety standards while supporting jobs and growth among EU producers.
The EC said the initiative will focus on food and feed safety, pesticide residues, and coordinated monitoring of targeted imported goods.
Bringing together expertise from the EC and Member States, the Task Force will work to harmonize import controls, develop recommendations for joint actions
ANALYSIS: Feature Activity Drives US Cage-Free Market Higher
The cage-free market along the West Coast has shifted decisively higher over the past two weeks, following a clear sequence of supply-driven price erosion, renewed retail confidence, and increasingly competitive spot market behavior. What began as a period of excess availability and falling wholesale values has transitioned into a demand-led recovery, anchored by aggressive retail feature activity.
Leading into Q4 2025, cage-free inventories grew and production began to outpace...
ANALYSIS: EU Shell Egg Prices Ease, but Remain Historically Firm
The European shell egg market continues its anticipated post-holiday retraction, with prices easing for a sixth consecutive week. The decline aligns with the typical seasonal adjustment as retail and foodservice demand normalize following Q4 peaks. Nevertheless, despite the recent correction, the market remains fundamentally firm relative to early 2025 levels, reflecting structural tightness in supply and sustained industrial demand.
ANALYSIS: January Pork Carcass Cutout Snapshot and the Effects of 2025
Despite a gradual downward trend that began in the second week of December 2025, the Expana pork carcass cutout value remains at historically elevated levels. Current pricing ranks as the second-highest January reading on record, trailing only 2022, based on data dating back to 2003.
For added perspective, values are still 2.1% above the start of 2025 and stand 17.6%...
General Mills Expands Voluntary Recall of Select Pillsbury Pizza Pops Sold in Canada
General Mills has expanded a voluntary recall of select Pillsbury Pizza Pops, originally announced on December 21.
The recalled products were sold in Canada and may be contaminated with pathogenic E. coli. Affected items have “Best if Used By” dates ranging from June 8, 2026, to June 21, 2026.
Affected Products
Pillsbury 3 Cheese Pizza Pops
(4 count)UPC: 0 69052 12952 7Best if Used By: 15JN2026WN, 16JN2026WN
(30 count)UPC: 0 69052 12958 9Best if Used By: 15JN2026WN...
Applebee’s Scores Big With New Wing Promo for the Big Game
Applebee’s, the Official Grill + Bar Sponsor of the National Football League, is offering big wins to football spectators on February 8 for the big game.
The deal includes 20 FREE Boneless Wings with any $40 online purchase!* The offer is conveniently available for To Go or delivery.
Guests are encouraged to use promo code SBWINGS26 when ordering to receive the deal.
Guests have a choice of sauce, including Classic Buffalo, Honey BBQ, Sweet Asian Chile, Garlic Parmesan, Extra Hot Buffalo...
Kelli Valade Appointed President and CEO of Women's Foodservice Forum
Women’s Foodservice Forum (WFF) has announced the appointment of Kelli Valade as its new President and CEO. She will succeed Theresa Gearhart, who announced plans to retire last year.
"Kelli is uniquely qualified to lead WFF at this pivotal time," said Dawn Rasmussen, Chief Revenue Officer of Woodland Gourmet and Chair of the WFF Board. "She brings a proven record of leadership, a deep understanding of our industry, and a long-standing commitment to WFF's mission of helping members connect, grow and be...
Red Robin Delivers Dine-In Flavor at Drive-Thru Prices with New Big YUMMM Deals Menu
Red Robin Gourmet Burgers is introducing its Big YUMMM Deals value menu, designed to deliver the dine-in experience at a drive-thru price.
Launching Jan. 26, the new menu features entrées and specials starting at just $9.99. Guests can choose from fan favorites like Red Robin's hand-breaded Classic Crispy Chicken Sandwich, as well as new offerings such as the Cowboy Ranch Double Burger. Every Big YUMMM Deals meal includes a choice of standard bottomless side...
Expana's Weekly Top 10: Stories Making Waves Across Global Markets
Throughout the week, Expana’s team of dedicated journalists connects the industry with the “how” behind market dynamics, providing a comprehensive space for the market-moving stories shaping global headlines.
With so much information to filter through, Expana is connecting the dots with its weekly roundup of the top ten stories making waves — in no particular order.
10. USDA Launches New World Screwworm Grand Challenge
The USDA announced the launch of the New World Screwworm (NWS) Grand Challenge following reports that the flesh-eating parasitic...
ANALYSIS: A Wrap on 2025 US Beef Production
Meat production has trended lower annually since 2022, with 2025 experiencing a 3.4% decrease. Over the past ten years, 2022-2023 marked the only other production decline more severe, at approximately 4%. Throughout the entire year, 2025 was only above 2024 levels on a monthly average basis for January, March, and December. Beyond those months, levels trailed the 2024 levels, with the largest differences being roughly 7.5% in both May and September. The average for 2025 was a beef production level that was 3.2% below that of the year prior.
When analyzing December 2025, beef production exceeded the...
ANALYSIS: US Boneless Rib Market Year-End Review, Volatility Accelerated in 2025
Compared with 2024, the 2025 boneless rib market was defined by greater volatility and more aggressive price swings. Boneless rib values reached a record high of $14.67/lb in mid-September 2025, topping the 2024 peak set in mid-December by roughly 3%. Notably, the 2025 rally peaked well ahead of the traditional year-end holiday buying window, indicating that the market was pricing in forward supply risk and tightening availability rather than reacting solely to immediate seasonal demand. Higher cattle prices and reduction in slaughter prompted buyers to begin securing inventory earlier in the year...
ANALYSIS: Frozen Whole Turkey Prices Fall 10% in Early January Yet Remain Near Record Highs
Over the first couple weeks of January, frozen whole turkey quotations fell by 10% from the end of 2025. This is a much sharper decline than we see with the five-year average or with last year’s figures. However, frozen turkey quotations started the year at the second-highest level of all time, and they maintain that position even with the fall in prices. Moreover, recent input indicates that some stabilization may be starting to surface. If this is the case, it would make this year’s seasonal drop much shorter-lived than is typically seen...
ANALYSIS: Chicken Industry Sets Stage For Potential Production Gains in Q1
The USDA’s Livestock, Dairy, and Poultry Outlook forecast for first-quarter 2026 points to a familiar but increasingly pronounced theme across the protein complex when measured year-over-year against Q1 of ‘25. Total production trends remain uneven across the protein categories, with chicken production expectations remaining on the upswing, while other segments display more restrained or even lower, YOY projections.
Chicken production is firmly in expansion mode. Compared to Q1 last year, the USDA’s broiler production forecast advances on the back of higher chick placements, improving egg sets and placements, rising headcount, and heavier average live weights. Together, these factors are driving a significant YOY increase in...
Zelensky Invites Businesses to Invest in Ukraine as 'End of War Documents' Nearly Ready
Speaking at the World Economic Forum in Davos, Switzerland today (January 22) Ukraine's President, Volodymyr Zelensky, said that "the documents for ending this war" [Russia-Ukraine] are "nearly ready."
"Today's meeting [with US President Donald Trump on the sidelines of the World Economic Forum a few hours earlier] was positive," he added. Zelensky also said the US team will go to Moscow today to continue peace talks.
Addressing business owners in the audience, Zelensky said: "Yes, there is a little risk right now
USDA: Help Protect the USA from African Swine Fever
The U.S. Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) invites U.S. swine producers, small farms, and pig owners to participate in the “I Protect Pigs” Photo Contest as part of this year’s Protect Our Pigs campaign. The campaign, in its fifth year, reinforces steps all pig owners can take to help protect our nation’s swine industry from deadly animal diseases like African swine fever (ASF). This year’s photo contest gives participants an opportunity to highlight how they help this effort on an individual basis...
ANALYSIS: Consumption Headwinds Trim China’s 2025 Beef Imports 2.5% YOY to 2.8M mt
China’s total beef imports in 2025 decreased 2.5% from a year ago to reach 2,802,150 metric tons (mt), according to the latest data from the General Administration of Customs of China (GACC).
Yearly volumes fell 64,129 mt from 2024, though September bucked the trend with a record 315,886 mt of beef arrivals. Shipments from the Mercosur trade bloc including Brazil, Argentina, and Uruguay showed uneven results, while Australian volumes posted the largest annual gain.
Since Q4 2025, the placement of most suppliers on China’s "Enhanced Supervision List" sharply...
ANALYSIS: EU Layer Flock Downturn Signals Continued Sector Adjustment
EU layer flock data for October, 2025 indicate a noticeable reduction compared with the same month in 2024. Current numbers lie near the lower end of the post-pandemic range, showing that producers entered the final quarter of 2025 with a more cautious approach to production.
The decline in flock size reflects an adjustment to ongoing structural and regulatory factors shaping the sector. Continued emphasis on welfare and environmental compliance, alongside a cautious approach to biosecurity and production planning, led many producers to maintain stable and efficient operations rather than expand...
Winn-Dixie Sets the Pace for Innovation in Grocery Retail
On Wednesday, Southeastern Grocers officially became The Winn-Dixie Company, unifying its stores under a single name. This transformation includes refreshing and modernizing the Winn-Dixie brand to better connect with shoppers.
Anthony Hucker, Chairman and CEO of The Winn-Dixie Company, stated, “This is a defining moment—more than a name change, it proudly declares who we are and where we’re headed. Winn-Dixie has been part of feeding families and enriching communities for generations. Becoming The Winn-Dixie Company brings a deeply...
Introducing US Pork to New Audiences in Malaysia
As the U.S. pork industry gains access in Malaysia, efforts are expanding to introduce and promote U.S. pork to consumers through the foodservice sector. While Malaysia is largely Muslim, an estimated 35% of its 34 million people are non-Muslim with a strong affinity for pork.
USMEF partnered with three restaurants in Kuala Lumpur for two very different types of promotions, both designed to raise awareness of and promote the high-quality attributes of U.S. pork. At two upscale Corks Out restaurants in Kuala Lumpur, USMEF conducted a traditional promotion in which premium cuts of pork were offered with an incentive of a free dessert, specially chosen to pair with the specific cut. The three featured cuts were the U.S. pork ribeye, the shoulder and tomahawk steak.
Retailer Expansion Offers New Opportunities for US Beef in Taiwan
USMEF partnered with Taiwanese importer Yu-Ho Foods on a retail seminar about U.S. beef for Yu-Ho and its retail customer PX Mart. The retailer, already Taiwan’s largest supermarket chain with 1,200 outlets, had recently purchased a 20-outlet hypermart chain and expressed interest to Yu-Ho in seeing a wider range of U.S. beef items to consider for both chains.
USMEF conducted a technical seminar for the fresh foods department staff of PX Mart and Yu-Ho Foods at Yu-Ho’s headquarters. The first half of the seminar included an industry overview about U.S. production, grading standards and the quality...
USDA Announces New World Screwworm Grand Challenge
Today, U.S. Secretary of Agriculture Brooke L. Rollins announced the launch of the New World Screwworm (NWS) Grand Challenge. This funding opportunity marks a pivotal step in USDA’s comprehensive strategy to combat NWS and prevent its northward spread.
“This is a strategic investment in America’s farmers and ranchers and is an important action to ensure the safety and future success of our food supply, which is essential to our national security,” said Secretary Brooke Rollins. “These are the kinds of innovations that will help us stay ahead of this pest and protect our...
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