ANALYSIS: Turkey HPAI Update - Week of 4/6/25

Outbreak Summary

On a year-to-date (YTD) basis, approximately 1.67 million turkeys have been lost to HPAI in 2025. This is up 499% year-over-year (YoY) and is down 56% from 2022 when the outbreak began. Of the turkeys impacted this year, 3% have been commercial breeder hens, 1% have been commercial breeder replacement hens, and 96% have been commercial meat birds. There have been 11 unique states impacted which is the largest YTD value since the start of the outbreak, up 83% YoY and up...

Exclusive International Trade Centre Interview: Implications of Trump’s Tariff Regime

Julia Spies is the Chief of Trade and Market Intelligence for the International Trade Centre (ITC) in Switzerland. Spies and team analyze trade information and publish findings about market-specific trade intelligence on multiple online platforms, like Tradebriefs.intracen.org.

Recent shifts in the world of trade, including the latest round of United States tariffs and trade measures by other countries, has kept Spies and company busy, to say the least.

However, ITC members have watched trade measures, and in particular their impact on developing countries, long before these recent changes...

ANALYSIS: Chicken Hatchery Trends Signal Supply-Side Expansion Amid Market Volatility

Although prevailing Q2 marketing conditions remain broadly bullish across much of the chicken complex, the environment is far from sedate as market participants navigate a constantly evolving set of challenges. Widespread disease concerns, shifts in average live weights, and ongoing global trade tensions continue to cloud visibility for speculative buyers and sellers alike. Amid this uncertainty, industry stakeholders are focusing on one of the more predictable components of the supply chain: Hatchery performance.

The most recent weekly hatchery figures reflect a familiar year-over-year... 

Tariff Talks 2025: Expana's Weekly Rundown #5

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #5."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Walmart Opens New Distribution Center in Florida

Walmart cut the ribbon on its newest distribution center. The facility is located at 1511 Zoo Parkway in Jacksonville, Florida. It will receive and process items for delivery to 18 Sam's Club locations across Florida, Georgia, South Carolina and 7 other clubs in Puerto Rico. It was will also store and sort imported goods for delivery to four distribution centers across the Southeast.

“Jacksonville is continuing to build its reputation as a logistics hub and the place to be to reach customers throughout the Southeast...

Campbell’s Announces Key Leadership Changes to Drive Growth in Snack Division

The Campbell’s Company has announced the resignation of Chris Foley, a longtime company veteran and President of the Snacks division.

Effective May 12, 2025, Foley will be succeeded by Elizabeth Duggan, who will lead the continued growth and margin expansion of Campbell’s Snacks business.

Duggan joined Campbell’s in 2019 as Senior Vice President of the Transformation Office. In 2022, she was appointed Senior Vice President and General Manager of Campbell’s Canadian business, where she delivered strong revenue and earnings growth... 

Kroger Appoints Key Retail Leaders

Kroger appointed Joe Kelley, president of the Colorado-based King Soopers & City Markets division, to be senior vice president of Retail Divisions. Kelley is an industry veteran of nearly 40 years. He has held a number of executive leadership roles across a variety of retailers, including Price Chopper, Stop and Shop, Star Market, and Shaws Supermarkets. Kelley joined the Kroger enterprise in 2019.

"Joe is a customer-centric leader who brings broad industry experience, with a strong track record of making stores great places to shop," said Ron Sargent, Chairman and...

Navigating the Trump Tariff Turbulence: A Comprehensive Timeline

US President Donald Trump and his administration have paused reciprocal tariffs on most countries.

“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET. 

It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...

ANALYSIS: February Turkey Exports Reveal Shifts in Key Markets

In a continuation of the trend established in August 2024, total export volumes for the U.S. were down year-over-year (YoY) in February. However, not all individual countries followed this trajectory, as two of the top five, the Dominican Republic and the Bahamas, actually imported greater amounts than they had last year. Meanwhile, the exports to Mexico, Guatemala, and Canada were down in keeping with the total values.

While month-over-month (MoM) values also declined, the decrease from January to February was less...

Expana’s WFA Opens Applications for 2025 Mentorship Programme to Support Women in Agrifood

Expana’s Women in Food and Agriculture (WFA) initiative has officially opened applications for its annual mentorship programme, designed to support and accelerate the careers of women across the agrifood sector.

Now in its fourth year, the program, supported by global animal nutrition and biotechnology company Alltech, connects women in the industry with experienced mentors of any gender. Since its launch in 2021, WFA has successfully matched more than 1,500 professionals, creating meaningful relationships that foster career growth and leadership development in...

The Retail Rundown: Protein Adds to Holiday Price Gains

Easter week has arrived and grocers are tapping into the holiday's spending momentum. But for consumers, Easter dinner is shaping up to be pricier than last year, with many holiday staples seeing year-over-year price increases.

According to Expana’s latest US Easter Index—which tracks price changes in key holiday-related commodities—overall prices rose 11.8% year-over-year, driven largely by higher costs in the protein and bakery categories.

Expana’s Easter Protein Index, which covers lamb, beef, pork, salmon, cod, and eggs...

Joel Yashinsky Appointed Chief Marketing Officer of Burger King US & Canada

Today, Burger King® announced Joel Yashinsky as Chief Marketing Officer for the US & Canada. Yashinsky will build on the brand’s existing Reclaim the Flame plan that was created with the advice and support of Burger King Franchisees.

“We are thrilled to welcome Joel to the Burger King leadership team and the broader BK family,” said Tom Curtis, President of Burger King US & Canada. “Joel joins us at an exciting time for the brand, and brings the ideal mix of strategic marketing...

ANALYSIS: Tariff Escalation Between US and China Fuels Ripple Effects in Brazil–China Beef Trade

The latest round of tariff sanctions has intensified uncertainties in the global beef market. The most recent update saw China announcing an equivalent 125% tariff on US goods in response to the latest tariff increase on Chinese imports, clarified by the White House to be a total of 145%. In the same announcement, President Trump set a 10% baseline tariff for a 90-day period to all countries not engaging in equivalent tariff actions.

While it remains unclear whether beef is...

Tariff Talks 2025: Expana's Weekly Rundown #4

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #4."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

ANALYSIS: HPAI and Tariff Concerns Likely Impact U.S. Broiler Export Patterns

Total U.S. broiler exports were up both year-over-year (YoY) and month-over-month (MoM) in February, despite a 5-year average MoM decrease. Three of the top five export destinations purchased more MoM compared to the average or they didn't decrease their purchasing as much as on average. These countries were Cuba, Taiwan, and the Philippines. There are a couple of different factors that may have been major influences in this shift: The fears about HPAI cases, and the uncertainty...

ANALYSIS: Turkey Market Prices Surge as Slaughter Numbers Decline

Monthly turkey slaughter values continue to be reported at record lows with February's headcount retreating 18.8% year-over-year (YoY). This puts year-to-date (YTD) values down 12.4% YoY. Meanwhile, according to data reported from the National Chicken Council, per capita consumption of turkey throughout 2025 is only forecasted to decline 4.5% YoY. With demand outpacing production, prices for much of the turkey complex have been climbing.

Over a quarter of Expana's current turkey quotations are at all-time high values and more than...

The Retail Rundown: Easter Momentum Builds

In the final full week of Lent, seafood accounts for 35% of all protein retail promotions, gaining ground on pork, which holds 23% of ad space. Beef promotions slipped to 20%, while chicken has 15%. Lamb and veal promotions, though still minimal, doubled from the previous week, rising to 2% ahead of Easter.

Notably, Easter falls late this year—on April 20—affecting year-over-year (YOY) comparisons. Ham promotions last week were offered at premium price points compared to 2024. Discounted boneless smoked hams averaged...

TiNDLE Foods Reaches National Grocery Footprint with Kroger Family of Stores Expansion

TiNDLE Foods announces its largest U.S. retail expansion to date, launching in over 500 grocery locations by the Kroger Family of Stores, including Fred Meyer, Ralphs, and Smith's. This rollout celebrates a 9-fold increase in TiNDLE's U.S. retail presence in the last 12 months, as TiNDLE Chicken is now sold in over 1,300 stores, and follows the successful introduction of its Stuffed Chicken products last summer.

Starting this week, TiNDLE Stuffed Chicken is available in 506 Kroger Family of Stores, and TiNDLE's...

Hormel Foods Announces Resignation of Supply Chain VP Steve Lykken, Appoints Kevin Myers as Interim

Hormel Foods has announced that Steve Lykken, its Group Vice President of Supply Chain, has resigned after 32 years with the company.

In the interim, Kevin Myers, a longtime company veteran, has been appointed as the Group Vice President of Supply Chain.

“We are fortunate to have Kevin, a highly respected and proven leader with deep expertise, stepping into the role of interim group vice president of supply chain. With Kevin at the helm, we remain focused on...

Vertical Cold Storage Acquires Arctic Logistics in Detroit Metro Area

Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, has purchased Arctic Logistics in Canton, MI. The acquisition is the fifth new Vertical Cold facility in the past year, making it the sixth largest cold storage company in North America. Terms were not disclosed.

“This acquisition strengthens our ability to support customers engaged in cross-border trade and adds a critical location to our growing national footprint,” said Jim Henderson, Chief Commercial Officer at...

Asian Markets Plunge as Trump's Global Tariff Turmoil Deepens

Hong Kong (CNN) — Asian markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump's trade war and China's forceful response to unexpectedly high tariffs.

Japan's benchmark Nikkei fell by more than 8% shortly after opening, while the broader Topix index last traded more than 6.5% lower after recovering from its steepest losses.

In mainland China, where markets reopened after a public holiday, the Shanghai Composite Index was last trading 6.7% lower. The blue-chip CSI300 index lost 7.5%. In Hong Kong, the benchmark Hang Seng index...

Tariff Talks 2025: Expana's Weekly Rundown #3

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #3."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

PODCAST: "Agri-Food for Thought" Ep. 27 - VIV Asia, a Mirror of APAC Market Sentiment?

Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.

On today's episode of Agri-Food for Thought, we discuss market sentiment picked up at VIV Asia 2025, a leading trade show for the feed-to-food industry in Asia. Held from March 12-14 in Bangkok, the event drew top agri-food industry leaders, innovators, and key decision-makers from around the world. It was a showcase for innovation in animal protein production, processing, and...

ANALYSIS: Turkey Market Faces Uncertainty with Record-Low Inventories

February's cold storage report shows a year-over-year (YoY) decrease for every turkey category. This is largely a result of extremely low production caused by ongoing disease issues. The least dramatic YoY decrease was noted for whole birds with a decline of 5.6%, while the most significant was for MST at a value 26.1% lower. While the overall YoY decrease is indicative of supply constraints, the differences in the losses among these categories tells the story of demand.

Demand for frozen whole turkeys was relatively lackluster throughout Fall '24...

ANALYSIS: Headwinds and Tailwinds in Chicken Cold Storage

Given the seasonally robust performance of the chicken market recently, industry participants are closely analyzing the latest data to guide their expectations for Q2. The most recent Cold Storage Report offers some insight into the current market conditions while also raising a few additional questions.

As of February, public warehouse stocks reached 793.3 million pounds, marking a departure from an 18-month year-over-year (YoY) decline that has persisted since August 2023. Compared to February 2024, stocks increased by 0.8%. However, a net outflow of production from...

USDA Agricultural Trade Promotion Programs for 2025

The USDA has announced its plans for agricultural trade promotion programs for 2025 and has begun accepting applications for four key export market development programs.

“Our job at USDA is to open new markets for our farmers, ranchers, and producers. The previous administration left agriculture with a $50 billion trade deficit. President Trump and I will not sit idly by - we are actively working to open new markets and remove existing barriers,” said Secretary Rollins. “We are putting farmers first. These programs are a crucial step in...

Wayne-Sanderson Farms Promotes Kevin McDaniel to President & CEO, Succeeding Clint Rivers

Wayne-Sanderson Farms, one of the nation's leading poultry producers, has announced the promotion of its Chief Operating Officer, Kevin McDaniel, to President and Chief Executive Officer.

“I look forward to building upon the strong foundation we have established and continuing our growth by fostering a positive culture for our employees, ensuring top-quality products and services for our customers, and

maintaining strong relationships with our farm partners and the communities we serve."

He will succeed Clint Rivers, who will continue to serve as Executive...

The Retail Rundown: Spring Sizzle Fuels Protein Demand

Spring promotions are in full bloom at retail, with holiday-themed ads ramping up. Circulars showcase produce and snacking items alongside grilling staples, aiming to entice shoppers with vibrant displays and seasonal appeal. Beyond holiday preparations, schools and universities are approaching spring break season, likely driving an uptick in foodservice in the coming weeks. 

In some regions, grocers are leveraging hams as loss leaders ahead of Easter. Last week, discounted bone-in ham averaged $2.56 per pound, while spiral-sliced varieties stood at $2.61 per pound—steady to lower than last year’s levels...

PODCAST: Agri-Food for Thought Ep 26 - M&A in the Global Agri-Food Industry, March 2025 Overview

Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.

M&A in the global agri-food industry is an ongoing and very regular trend. Although many companies are putting the brakes on M&A as they face tariffs and market uncertainty, hundreds of deals continue to take place each month.

On today's episode of Agri-Food for Thought, we showcase selected mergers and acquisitions in the agri-food sector that took place in March 2025.

Jack in the Box Appoints Lance Tucker as Permanent CEO

Jack in the Box Inc., one of the nation’s largest hamburger chains, has named Lance Tucker its permanent Chief Executive Officer (CEO), effective immediately. Tucker will also join the company’s Board of Directors.

Tucker had been serving as the company's interim CEO following the resignation of Darin Harris in February 2025. Prior to this role, he was Jack in the Box’s Chief Financial Officer.

“Lance brings decades of experience within the restaurant industry as well as a financial mind into the CEO role that is...

Yum! Brands CEO Set to Retire in 2026

Yum! Brands has announced that David Gibbs, the company’s current Chief Executive Officer, will retire after nearly four decades of service. Gibbs, who became CEO in January 2020, has informed the Board of Directors of his intention to retire in the first quarter of 2026.

In preparation for this transition, the Board has formed a succession planning committee tasked with identifying and appointing Gibbs’ successor. Gibbs will remain with the company throughout the search process and until his retirement.

Under Gibbs' leadership, Yum! Brands saw remarkable growth...

ANALYSIS: The Perfect Storm Drives Jumbo Boneless Chicken Breast Prices

Current chicken boneless breast meat prices are well above the 5-year average and are quickly approaching record highs. With year-to-date (YTD) ready-to-cook production at an all-time high, it raises the question: what is driving prices upward? As discussed in several market conversations, there is a perfect storm of factors pushing prices higher—even amid record production.

The first component to consider when analyzing the upward-trending market is current demand. Per capita consumption forecasts from the USDA estimate... 

Tim Hortons® Appoints Naira Saeed as New Chief Operating Officer

Tim Hortons® announced today Naira Saeed as its new Chief Operating Officer (COO), overseeing restaurant and field operations, franchising and development across Canada.

Saeed began her career working in capital markets, including at the Bank of Canada, before joining Tim Hortons in 2017 as the brand’s Head of Finance. In the eight years since, Saeed has led a number of the teams responsible for restaurant operations, franchising and franchisee profitability.

Saeed will continue to report to and work closely with Axel Schwan, President of...

Kroger Responds to Albertsons’ Lawsuit, Files Counterclaims

Kroger has announced that it has filed its formal answer and counterclaims in response to Albertsons' lawsuit, which was brought before the Delaware Court of Chancery following the termination of the proposed merger.

On December 11, 2024, Albertsons called off its bid to merge with Kroger after a two-year effort, subsequently filing a suit alleging breach of contract in connection with the collapse of the deal. 

Today, Kroger issued a statement revealing that it had filed its answer and counterclaims. The company asserts that while it was diligently working to secure regulatory...

ANALYSIS: Turkey Poult Supply Shrinks in 2025

In what has been a continuation of the established trajectory, turkey poult placements in 2025 are trending notably below the 5-year average for both hen and tom poults, as depicted in the chart. This decline reflects ongoing challenges within the industry, primarily driven by persistent outbreaks of Highly Pathogenic Avian Influenza (HPAI) and the growing presence of Avian Metapneumovirus (aMPV). HPAI continues to significantly disrupt operations through forced depopulations, movement restrictions, and prolonged farm downtimes, all of which have reduced the availability of breeder stock and subsequently limited poult supply...

The Retail Rundown: 20th Power of Meat Report Reveals Record-Breaking Meat Sales

The 2025 Power of Meat Study was unveiled this week at the Annual Meat Conference in Orlando, Florida, where Anne-Marie Roerink, Principal at 210 Analytics, shared key insights into shoppers' evolving meat and poultry purchasing habits. Here are some key takeaways from the study's 20th edition: 

Meat sales reach new heights 

This year’s report, released by the Meat Institute and The Food Industry Association (FMI), revealed that the meat department set a new sales record in 2024, reaching $105 billion in total...

USDA Announces New FPAC Leadership to Better Serve Farmers and Ranchers

The U.S. Department of Agriculture (USDA) today announced key presidential appointments to the Farm Production and Conservation (FPAC) mission area. These appointees will lead efforts to advance President Trump’s America First agenda and ensure that farmers, ranchers, and producers have the support they need to keep feeding, fueling, and clothing America.

“FPAC is the most farmer-facing mission area at USDA, housing the Farm Service Agency, the Risk Management Agency, and the Natural Resources Conservation Service—agencies producers rely on every day,” said U.S. Secretary...

Hormel Foods Appoints Jeff Ettinger to Board of Directors

Hormel Foods Corporation, a Fortune 500 global branded food company, announced today that Jeffrey M. Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Hormel Foods Board of Directors, effective March 21, 2025. The Hormel Foundation, an unaffiliated non-profit organization with a charitable mission, beneficially owns approximately 46% of Hormel Foods outstanding common stock. Ettinger previously served on the Hormel Foods Board of Directors and spent nearly three decades with the company, retiring in 2016 after a successful tenure as president and chief executive officer...

ANALYSIS: Broiler Weight Class Shifts and Market Dynamics

Throughout most of 2024, and all of 2025 up to the latest data for the week of March 8th, average live weights set new record weights week by week. However,  data from the week of March 8 shows the average live weight dropping 2.43% from the previous week to match 2024’s data at 6.43 pounds. We’re also seeing a shift in the cumulative broiler headcount by weight class, with a 7.48% year-over-year (YoY) decrease for the 4.25 lbs. and down birds, and 10.50% YoY increase for the...

ANALYSIS: HPAI Crisis Escalates, Record Losses and Uncertainty in the Turkey Market

On a year-to-date (YTD) basis, with over 1.6 million turkeys lost, HPAI losses have increased 664% year-over-year and 236% from 2022, which previously held the highest YTD losses. Furthermore, 67,400 breeder and breeder replacement hens have been lost to HPAI this year, whereas there were no losses in 2023 and 2024 YTD. In 2022, 37,800 breeder replacement hens were affected.

Additionally, not only have more birds been lost, but more counties have also been affected. So far this year, HPAI has been...

Hormel Foods Strengthens Retail Division with Key Executive Promotions

Hormel Foods Corporation has unveiled strategic promotions within its executive team, with a focus on enhancing its leadership in the retail sector.

Scott Weisenbeck has been promoted to Vice President of Marketing – Retail. A key driver in the expansion of the company’s bacon category, Weisenbeck will now oversee a broader portfolio of brands. He has been with Hormel Foods for over 30 years and previously served as Assistant Vice President.

Joe O’Connor has been promoted to Vice President of Emerging Brands – Retail. O’Connor, who joined the company...

Pasturebird Petitions USDA to Update Definition of  “Pasture-Raised” Poultry 

Pasturebird, the world’s largest pasture-raised chicken brand, is setting a new standard for transparency and animal welfare after successfully petitioning to update the United States Department of Agriculture (USDA) definition of “pasture-raised” meat and poultry. After years of advocating for a clear and common-sense definition, Pasturebird and Perdue Farms helped shoppers distinguish “free range” from “pasture-raised” chicken. The new animal raising labeling guidelines require that “pasture-raised” animals must be on pasture the majority of their life...

Game-Time Promotions Aim to Boost Sales in Foodservice

As the national college basketball championship games sound off, foodservice providers are capitalizing on the excitement with deals designed to drive sales and customer engagement.

Domino’s – The world’s largest pizza chain is offering a 50% discount on all menu-priced pizzas when ordered online. This promotion, valid from March 17 to March 23, includes every pizza on the menu, whether it’s specialty, any size, or any style of crust.

Wendy’s is checking into the tournament season with double dollar deals. Running through Sunday, April 13, customers...

PODCAST: Agri-Food for Thought Ep 25 - Chicken Demand at Foodservice and Beyond

Just in time for March Madness, Jamie sits down with chicken market analyst, Matt Busardo, to dissect the driving forces behind this consumer-favorite category...

Nestlé Recalls Frozen Meals Over Choking Risk

The FDA has announced that Nestlé USA is recalling certain Lean Cuisine and STOUFFER'S frozen meals following customer complaints about the presence of a wood-like material. One potential choking incident has been reported.

Nestlé is actively investigating the issue, which affects a limited quantity of products from the following lines:

• Lean Cuisine® Butternut Squash Ravioli
  Batch Numbers: 4261595912 (Best By OCT2025), 4283595912 (Best By NOV2025), 4356595912 (Best By JAN2026), 5018595912 (Best By FEB2026), and 5038595912 (Due Date MAR2026)
• Lean Cuisine® Spinach Artichoke Ravioli...

The Retail Rundown: Fresh Buying Opportunities in Bloom

Tomorrow marks the official start of spring, and retailers are seizing fresh opportunities to capture increased spending with occassions like Easter and peak grilling season soon approaching.

However, for some residents, spring still feels distant as a late-season storm sweeps through the Central US today and tomorrow, potentially impacting purchasing and consumption patterns in affected regions. 

With roughly a month remaining in Lent, seafood remains a focal point in retail promotions, accounting for 33% of protein advertisements, primarily driven by fresh/frozen fillets as well...

DoorDash and Dollar General Expand SNAP/EBT Access to 16,000+ Stores

DoorDash and Dollar General announced a new offering to bring SNAP/EBT payment capabilities to more than 16,000 of Dollar General’s stores on the DoorDash Marketplace. With the addition of Dollar General, DoorDash’s network of stores that accept SNAP/EBT online payments on the DoorDash Marketplace nearly doubles to over 35,000 stores.

“Unlocking the ability for SNAP/EBT recipients to shop online and have groceries delivered straight to their door through DoorDash provides even more accessibility and convenience,” said Tony Rogers, SVP and...

USDA Announces Plans for New Rulemaking for Chicken Processing Line Speeds

U.S. Secretary of Agriculture Brooke Rollins today announced new actions to reduce burdens on U.S. chicken processing facilities, allowing for greater efficiency while maintaining food and worker safety standards. The directive instructs the Food Safety and Inspection Service (FSIS) to eliminate outdated administrative requirements that have slowed production and added unnecessary costs for American producers.

“I want to thank Secretary Rollins and the Trump administration for adhering to science-based principles and following 25 years of experience, studies and data on increased line speeds...

Domino's Takes 50% Off For Customers Who Order Pizza Online in Latest Promo

News of the latest retail promotion from the world's largest pizza company have circulated. From March 17-23, Domino's is offering customers who order online, 50% of all menu-prices pizzas.

"It's a big week, full of celebrations – the start of college basketball tournaments, St. Patrick's Day and even the first day of spring," said Frank Garrido, Domino's executive vice president – chief restaurant officer. "To top it off, Domino's is offering customers a deal they can't resist. They can choose from any...

Brazil’s Pork, Chicken and Egg Exports Increase in February

Brazilian exports of eggs, pork, and chicken meat recorded significant growth in February, according to data from the Brazilian Animal Protein Association (ABPA).

Egg Exports Rise 57.5%

Brazilian egg exports, including fresh and processed products, totaled 2,527 metric tons in February, a 57.5% increase compared to 1,604 metric tons in the same period last year. Export revenue rose 63.2%, reaching $4.94 million from $3.02 million.

For the first two months of the year, exports reached 4,884 metric tons, marking a 38.2% increase from the 3,535...

Unlocking Market Opportunities: Key Takeaways From Agri-Food Europe 2025

Held from February 26th to 27th at the Okura Hotel in Amsterdam, Expana’s Agri-Food Europe 2025 brought together key stakeholders from global agrifood markets for two days of learning, collaboration and forward-thinking discussions...

With a timely agenda addressing critical issues such as commodity pricing, where markets are headed and emerging agrifood disruptors, the event served as a key gathering for businesses looking to gain a competitive edge. Agri-Food Europe also included market-specific breakouts for categories including animal products, tropical softs, grains, oilseeds, packaging and animal...

Dollar General Corporation Reports Fourth Quarter and Fiscal Year Financial Results

Dollar General has reported financial results for the fourth quarter and the 2024 fiscal year.

“We were pleased with the underlying performance of the business in the fourth quarter, including improved execution and solid top-line results,” said Todd Vasos, Dollar General’s chief executive officer. “As we reflect on our full fiscal 2024 year, we believe our Back to Basics work is resonating with customers, as demonstrated by higher customer satisfaction scores and healthy market share gains.”

The company reported net sales...

ANALYSIS: Turkey Exports Face Mixed Performance in January Amid Global Production Struggles

January's turkey export numbers vary widely by individual country, but overall trends indicate a continuation of the pattern we've been observing: demand for turkey remains fairly consistent across several international markets, but lower production levels limit export availability.

Mexico closely follows this trend, with a 9.0% month-over-month (MoM) decrease in volume moved compared to the 5-year average MoM decrease of 10.6%, alongside a 4.9% year-over-year (YoY) decline.

Conversely, Canada, Taiwan, and Jamaica all recorded YoY increases in imported volumes...

The Retail Rundown: Grocers Leverage Seasonal Trends; Inflation Update

As temperatures rise across much of the US, grocers are highlighting seasonal offerings for springtime occasions and grilling essentials.

Retailers are refining their marketing strategies to align with shifting demand, appealing to sports fans to boost traffic in the meat department. However, securing lower year-over-year protein prices remains a challenge, as factors like animal disease continue to affect availability across key categories.

The wholesale chicken market is gaining traction with baseball season on the horizon, driving demand for boneless items. Expana reports that buyers are scrambling to secure supply...

General Mills Enters Growing Ramen Space with Latest Launch

Instant ramen noodles have long been a pantry staple in kitchens across the country. Recently, it has exploded on TikTok, with over 174 million posts showcasing creative recipes and new twists on the classic dish.

The enduring popularity of ramen is no surprise since it's affordable, comforting, and convenient, while still offering plenty of room for culinary creativity.

The internet buzzed in January when news broke that General Mills would be entering the instant ramen market.

Next month, the company will...

PODCAST: Agri-Food for Thought Ep 24 - M&A in the Global Agri-Food Industry, Feb 2025 Overview

Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.

On today's episode of Agri-Food for Thought, we showcase selected mergers and acquisitions in the agri-food sector that took place in February 2025.

M&A in the global agri-food industry is an ongoing and very regular trend. Hundreds of deals take place each month. This episode will give you an idea of some of the main M&A activity that took place last month.

Domino's Announces Key Executive Leadership Changes

Domino’s has reshuffled its executive leadership team with key promotions aimed at strengthening its global operations.

Joseph Jordan has been promoted to Chief Operating Officer and President of Domino’s US. In his new role, Jordan will oversee domestic operations, marketing, and will also expand the company’s global services to include Domino’s technology initiatives. Since May 2022, he has served as Domino’s President of U.S. and Global Services. Jordan brings a wealth of experience from his previous leadership roles at companies such as Pepsi-Cola North America, Philips Electronics, and Unilever.

United Natural Foods Delivers Solid Sales Growth in Q2

United Natural Foods, Inc. (UNFI) has released its financial results for the second quarter, which ended on February 1.

The company reported solid sales growth and an improved Adjusted EBITDA for the sixth consecutive quarter. This performance is aligned with its multi-year strategic plan, which focuses on delivering sustainable value for both customers and suppliers while enhancing profitability.

For the quarter, United Natural Foods reported sales of $8.2 billion, marking a 4.9% increase compared to the same period last year. This growth was...

Brands Are Adapting to Consumer Shifts with Bold Flavors, Bigger Appeal

As consumers tighten their budgets and shift toward more meals at home, industry leaders are finding innovative ways to attract spenders. Some brands have focused on expanding their ToGo options, while others have embraced the rising popularity of spicy combinations.

Applebee’s® Enhances ToGo Offerings

Applebee’s is stepping up its ToGo game with a limited-time offer: 50-cent Boneless Wings, available when ordered between March 18–21 via the Applebee’s mobile app or online at Applebees.com.

Voted America’s favorite in a nationwide double-blind taste test...

Joe Guith Appointed CEO of CKE Restaurants Holdings

CKE Restaurants Holdings, the parent company of Carl's Jr.® and Hardee's®, has announced the appointment of Joe Guith as its new Chief Executive Officer, effective immediately.

Mr. Guith brings a wealth of experience in franchising, restaurant management, and the growth of consumer brands. He previously served as CEO of Church's Texas Chicken, where he successfully repositioned the brand, driving significant improvements in unit-level profitability, record sales, and customer traffic. His leadership was instrumental in expanding Church's Texas Chicken to over 1,500 locations across 23 countries...

Expana Completes Fifth Successful IOSCO Audit for Proprietary Agrifood Prices

Expana has successfully completed an independent review of its proprietary food ingredient and agricultural commodity price assessment process for a fifth consecutive year.

The International Organization of Securities Commissions (IOSCO) is recognized as the global standard for PRAs, ensuring governance and integrity in the price assessment process while providing users with reliable benchmark prices.

To ensure robust adherence to IOSCO principles, Expana engaged an external auditor to review and report on its compliance to its stated methodology criteria and the requirements of the IOSCO PRA Principles...

Trump Pauses Tariffs on USMCA-Compliant Imports from Mexico, Canada Until April 2

President Donald Trump’s social media posts are shaping trade policy in real-time: The president announced that some of the previously enacted 25% tariffs on Mexican goods will be delayed until April 2.

“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd.”

An hour prior, Trump also posted about Canadian PM, Justin Trudeau on Truth Social...

PODCAST: Agri-Food for Thought Ep 23 - Looking Back at Agri-Food Europe & WFA, feat. Thess Mostoles

Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.

Last week, Expana hosted its inaugural European content-driven event under the new brand identity, Agri-Food Europe 2025. Held at the Okura Hotel in Amsterdam, the event brought together approximately 300 guests and followed a dedicated day focused on Women in Food & Agriculture.

Feedback from attendees has been overwhelmingly positive, highlighting the event’s strong organization, high-quality speakers, and comprehensive news coverage.

ANALYSIS: January's Cold Storage Report Reveals Shrinking Turkey Supplies Amid Decreased Production

January's cold storage report further highlights several of the trends that have been discussed in the turkey market for several months now. Overall, there's less turkey in the freezer than there was a year ago. Additionally, month-over-month (MoM) changes in inventory, while generally seasonal, reflect a decreased amount of production available for storage.

All categories on the report were down year-over-year (YoY) with values ranging from 1.7% to 32.2% lower. The smallest YoY difference was for breasts...

The Retail Rundown: Key Buying Occasions on the Horizon 

March presents key retail buying opportunities as spring holidays approach and Lent influences shopping and dining habits.

With Lent beginning today, meat sales typically decline as participants shift toward seafood. This week, seafood promotions rose to 28% of total retail features, up from 26% last week. Currently, 31% of seafood ads highlight fresh or frozen fillets, with options like salmon, cod, and catfish averaging $9.30 per pound on discount—nearly 9% higher than a year ago.

Elsewhere in the retail landscape, beef and pork each account for nearly 25% of featured promotions...

Publix Sees Solid Growth in Q4 and FY 2024 Results 

In its latest financial results, Publix has seen robust growth in quarterly and fiscal earnings.

For the fourth quarter of 2024, the company reported sales of $15.5 billion, reflecting a 5.5% increase compared to the same period in 2023.

Net earnings for the quarter totaled $1.1 billion.

For the full year, Publix achieved sales of $59.7 billion, a 4.6% increase over fiscal 2023.

Comparable store sales rose by 2.9% year-over-year.

Net earnings for the year amounted to...

Albertsons Appoints Susan Morris as CEO Successor, Reaffirms Fiscal 2024 Outlook

Albertsons Companies has announced a succession plan following the planned retirement of its CEO, Vivek Sankaran, effective May 1. The company has appointed Susan Morris to succeed Sankaran and join the Board of Directors.

Morris, a 40-year veteran of the company, brings extensive expertise and deep knowledge of the business. She has served as the company’s Executive Vice President and Chief Operating Officer since January 2018.

“I have worked closely with Vivek and the leadership team on our plans to accelerate growth and...

Armanino Foods Reports Strong Q4 and Fiscal Year Growth

Armanino Foods of Distinction is celebrating its third consecutive quarter of record financial results.

The company is known for making frozen Italian specialty foods like sauces, pestos, and filled pastas that are manufactured for the foodservice, retail, and industrial markets.

For the quarter, net sales increased by 15%, reaching $18.5 million, compared to $16.1 million in the same period of 2023. For the fiscal year 2024, net sales grew by 9%, totaling $69.4 million, up from $63.6 million in 2023...

Teamsters Secure Tentative Agreement for Stop & Shop Workers

A week ago, negotiations broke out between union representatives supporting Stop & Shop workers and company officials.

The workers were pushing for better pay and improved working conditions, threatening to strike at the Freetown distribution center in Massachusetts, which employs over 900 people, if an agreement couldn't be reached.

However, the threat of a strike was averted after the Teamsters secured a six-year agreement with the company.

The new contract ensures the facility will remain open, strengthens worker benefits, and secures higher wages for employees...

Subway Brings Back a Tasty Offer: Get Any Footlong For $6.99

Subway® continues to serve up serious value with the return of the $6.99 any footlong promotion, perfect for fans hungry for affordability, quality and convenience. Starting February 28, guests can order any footlong sub on Subway’s menu for just $6.99* by using promo code 699FL on the Subway app or Subway.com.

Budget-conscious consumers can choose from any chef-crafted sandwich or build their own custom creation using Subway’s pantry of high-quality ingredients, including crisp vegetables, freshly sliced meats...

Dollar Tree Appoints Three New Board Members

Dollar Tree, Inc. today announced that effective immediately, William (Bill) W. Douglas, III and Timothy (Tim) Johnson have been appointed to the Company’s Board of Directors. In addition, Chief Executive Officer Michael C. Creedon, Jr. has joined the Board.

“Bill and Tim are both esteemed financial leaders with a strong understanding of today’s competitive retail landscape,” said CEO Mike Creedon. “We look forward to their many contributions and support in driving long-term value for our associates, customers, and shareholders.”

Chairman of the Board Edward (Ned) J. Kelly, III stated...

Trump’s Political Appointments: What They Mean for Commodity Markets

On January 20, 2025, Donald Trump was sworn in for this second term as US President. JD Vance also took the oath of office to become the 47th Vice President.

The new President and his political appointments have dotted headlines in the agricultural commodity space and beyond–grabbing the attention of individuals worldwide. More importantly, the people Trump is bringing aboard to lead, regulate, or deregulate the country’s industries will carry with them implications for domestic and international commodity markets...

Agricultural Trade Highlighted During Greer's USTR Confirmation Hearing

On February 6, the Senate committee hearing was conducted for Trump’s nomination to the US Trade Representative (USTR), Jamieson Greer who previously served as the Chief of Staff to the agency under Robert Lighthizer. Since then, Greer has been advanced by the committee to a forthcoming Senate confirmation vote.

During the hearing, Greer spoke about bipartisan trade policy–notably the tariffs on China that were kept by the Biden administration. Greer says he wants the position because he believes America should be a country of producers...

Trump’s Canada-Mexico Tariff Timeline Shifts Again, Hints at EU Trade War

US President Donald Trump announced that tariffs on Canada and Mexico will be delayed until April 2 during a televised press conference with his cabinet.

This comes just days after Trump said the tariffs would be implemented at the start of March as the President continues to oscillate on the tariff implementation date involving the country’s neighbors.

Amid Trump’s comment regarding the April 2 tariff start date, Commerce Secretary Howard Lutnick added that America’s neighbors had to satisfy the president’s demands regarding border security and fentanyl crossing into the US border, suggesting that some levies could be enacted next week.

“It’s going to be hard to satisfy,” Trump said following Lutnick’s explanation.

ANALYSIS: December 2024 Turkey Export Trends Reflect Record Low U.S. Production

The total month-over-month (MoM) change in U.S. turkey exports in December was in line with the 5-year average, the volume traded was 14.5% below year-ago levels. This lends support to the idea that demand patterns for most international turkey destinations have remained consistent, but a lower amount of production has been available for export. The decreased number of supplies that can be traded to international destinations comes as no surprise considering that the total volume of ready-to...

Unleash your Spicy Side: Taco Bell Cranks up the Heat with New Caliente Cantina Chicken Menu

Cantina Chicken has found its spicy alter ego—Caliente! After earning a permanent spot on Taco Bell's menu last year, the fan-favorite slow-roasted chicken is turning up the heat with the all-new Caliente Cantina Chicken Menu. This spicy upgrade debuts nationwide on February 27, and even sooner with exclusive early access starting today for Taco Bell Rewards Members.

With unmatched popularity in 2024, Cantina Chicken found its way into 1 out of every 4 Taco Bell orders as shared...

Tyson Foods Strengthens Executive Team with Key Promotions in Poultry and Prepared Foods

Tyson Foods has announced two key executive promotions.

Devin Cole has been appointed Group President of Poultry, succeeding Wes Morris, who will retire next year.

Additionally, Brady Stewart’s responsibilities have been expanded to include oversight of the company’s Prepared Foods segment, in addition to his current roles as Group President of Beef, Pork, and Chief Supply Chain Officer.

Both executives will report directly to Donnie King, President and CEO of Tyson Foods. King stated that these promotions are designed to further the company’s...

Trump: Canada, Mexico Tariffs 'Will Go Forward'; Reciprocal Tariffs On Schedule

President Donald Trump announced Monday that tariffs on Canada and Mexico will take effect next month, ending a monthlong delay set to expire next week. Speaking at a White House news conference alongside French President Emmanuel Macron, Trump emphasized that the tariffs were moving forward as planned.

“We’re on time with the tariffs, and it seems like that’s moving along very rapidly,” he said, according to the Associated Press.

He also reaffirmed that his reciprocal tariff plan remains on track to begin as early as April...

The Retail Rundown: Seafood Rides the Lenten Wave

With March just around the corner, the first signs of spring and warmer days are emerging—welcome news for both consumers and grocers.

Seafood leads this week's protein advertisements, accounting for 26% of total features, closely followed by beef and chicken at 23% each. Pork ads make up 22%, while turkey holds a 3.5% share. Egg promotions remain scarce, extending a two-week trend.

In the seafood complex, fillet promotions are ramping up ahead of the Lenten season, now making up 33.5% of the category’s volume. Ads for both raw and cooked...

Starbucks to Remove Menu Items; Changing Plans May Involve Stake Sale in China

By March 4, Starbucks will remove a selection of “less popular” menu items that include several Frappuccino® blended beverages, the Royal English Breakfast Latte, and the White Hot Chocolate, according to a press release. The removal of menu items will result in a 30% reduction in offerings by the end of the year.

“As part of our plan to get back to Starbucks, we’re simplifying our menu to focus on what sets Starbucks apart–a welcoming coffeehouse where people gather..."

Goya Foods CEO, Bob Unanue, Announces Next Chapter

Today, Robert "Bob" Unanue, with over 20 years as President & CEO of Goya Foods, is releasing a statement about his status with the organization as well as his plans for the future.

After 48 years of company service, Unanue was informed there had been a vote by the Board about his "employment" as President of the company. As to the nature of the decision and the rationale behind it, Unanue currently has no real answers, noting the company also has not publicly indicated that Unanue is no...

Wingstop's New Crispy Tenders Are Changing The Flavor Game, With 1M Free Tenders Up For Grabs

Wingstop is changing the flavor game with new, crispier chicken tenders, now available nationwide. Tender fans can say goodbye to bland, basic chicken tenders and get their hands on Wingstop's crispy tenders, hand sauced-and-tossed in one of Wingstop's 12 bold flavors, paired with the brand's iconic ranch dip for the ultimate flavor experience.

Unlike the plain chicken tenders and strips across the market, Wingstop's new crispy tenders serve as a vehicle for the brand's craft-made sauces...

LPK1 Recalls Ready-to-Eat Chicken Caesar Wrap Products Due to Misbranding and Undeclared Allergen

LPK1, a Renton, Wash. establishment, is recalling approximately 303 pounds of ready-to-eat chicken Caesar wrap 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’s individually-wrapped Caesar dressing packet contains fish (anchovies), a known allergen, which is not declared on the product label.

The ready-to-eat chicken Caesar wrap products were produced on February 15, 2025, February 17, 2025, and February 19, 2025. The following products...