Expana's Weekly Top 10: The Impact of Middle East Tensions on Global Markets

As global events continue to reshape markets and industries, our weely recap, Expana's Weekly Top 10, brings you the most recent developments from the past seven days, all reported by Expana's team of global correspondents and journalists. 

From the Middle East conflict disrupting energy, fertilizer, and chemical supply chains, to seafood and seasonal retail trends making waves in consumer markets, Expana’s team has curated the top stories shaping industries around the world. Below are this week’s ten must-read headlines...

Day 28 of Iran War: Trump Delays Attacks on Iranian Energy Infrastructure

US President Donald Trump has delayed planned strikes on Iran’s energy infrastructure by 10 days until April 6, saying talks with Tehran are “going very well,” despite Iranian officials rejecting the US proposal as unfair.

US and Israeli forces continued strikes on Iranian cities, while Iran fired retaliatory missiles and drones at Israel and Gulf states.

Pakistan said it was relaying messages between Washington and Tehran, with Türkiye and Egypt also supporting mediation efforts as diplomatic activity intensifies to prevent a broader regional conflict.

Officials said mediators were...

The Americas Strengthen Surveillance Against Avian Influenza

Professionals from official veterinary services from 15 countries in the Americas participated in the first in-person workshop of the Latin America Edition 2025/2026 of the Regional Program for the Systematic Education of Veterinary Services (ProgRESSVet), focused on strengthening epidemiological surveillance and the early detection of avian influenza in the region.

The meeting took place in Panama City and brought together professionals who have been participating in the virtual phase of the program since March 2025. The initiative is coordinated by the Center for Animal Health and Food Safety (CAHFS) at the...

Tighter Supply Expected as National Sheep Flock Set to Decline in 2026: MLA Industry Projections

Australia’s sheep industry is entering a lower supply phase in 2026, with Meat & Livestock Australia’s (MLA) latest Australian Sheep Industry Projections forecasting a further decline in flock numbers after several years of elevated turnoff and challenging seasonal conditions.
 
The national sheep flock is estimated to fall 2.7% to 67.1 million head by 30 June 2026, reflecting the cumulative impact of below average rainfall across key southern production regions including Victoria, South Australia, Tasmania and southern New South Wales. While some late summer rainfall has provided short term relief, soil moisture...

ANALYSIS: AU & NZ Lamb Imports into US, Lower on Tight Supply 

Imported lamb volumes, both fresh and frozen, are trending lower in 2026 compared to prior years, with the decline more pronounced in fresh product. Fresh imports are down approximately 22.3% year over year (YOY), while frozen imports are down 14.3% YOY. A clear softening in weekly fresh volumes began in mid-February and has extended through March, with several weeks falling materially below the three-year average, indicating supply...

ANALYSIS: US Mid Atlantic Beef Cold Storage Figure Nears 10 Year Low for February

Looking at the Middle Atlantic region, which includes Philadelphia, a major beef importing port, boneless beef stocks fell by 4,994 metric tons (MT) month-over-month, bringing the total for that region to 111,599 MT. Apart from 2018, this is the lowest February boneless beef stocks in the Mid Atlantic region in 10 years. In 2018, the inflection point was 107,858 MT.

Across the US, total boneless beef stocks continue...

Hormel Foods Announces Retirement of Richard Carlson, VP of Global Food Safety & Quality Management

Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Richard Carlson, vice president of global food safety and quality management, will be retiring after a 35-year career with the company.

Jeremiah Johnson, a 20-year company veteran and director of food safety management, will succeed Carlson as vice president of global food safety and quality management...

Day 27 of Iran War: Trump Asserts Talks Underway as War Continues

The US-Israeli war on Iran shows no sign of abating, with attacks growing more intense even as US President Donald Trump asserts that peace talks are underway, a claim Tehran has denied.

Trump has asserted that Iranian leaders want a deal but fear internal backlash, and the White House has warned it is prepared to “unleash hell” if Iran refuses a resolution.

Markets continue to react. Oil prices are climbing once more amid fading hopes of de-escalation, while analysts warn the war could disrupt global...

Australia Hits 50% of China's Beef Safeguard Quota in Just 12 Weeks 

Australian beef imports have reached 50% of their annual safeguard quota for 2026 as of March 26, according to the latest announcement from China's Ministry of Commerce (MOFCOM) late on Thursday.  

This year's trajectory is well ahead of 2025, hitting the halfway mark just 85 days into the calendar year. 

This rapid exhaustion of the Special Agricultural Safeguard (SSG) quota validates Expana’s latest report of an unprecedented "dash for the door" by exporters, driven by the need to land product before the hefty 55% levy effectively closes the...

Coast to Coast! Dickey’s Barbecue Pit Solidifies Major Restaurant Deals in Q1 

Raise a piece of Texas toast as Dickey’s grows coast to coast! Dickey’s Barbecue Pit, the barbecue legend celebrating 85 years of slow-smoked tradition is adding new locations across the U.S. as it closes out the first quarter. Big Yellow Cup fans rejoice as Dickey’s plans new restaurant openings on the horizon for Blakely, Georgia; Thibodaux, Louisiana; Secaucus, New Jersey; and additional locations in Alberta and Edmonton, Canada, bringing its Legit. Texas. Barbecue.™ to more communities.

“These new partnerships signal the strength of our family’s legacy and the continued demand for championship style barbecue...

ANALYSIS: Australia’s Mar 2026 Fever Pitch Beef Rush as China Safeguard Gap Narrows

Australia is on track to ship its largest monthly volume of beef to China on record this March, as exporters race against the clock to beat a looming safeguard quota.

According to the latest data from the Department of Agriculture, Fisheries and Forestry (DAFF), cumulative monthly beef and veal exports to "Other Asia", a category dominated by China, reached 33,115 metric tons (MT) by March 23.

Based on the current pace of shipments, Expana’s in-house estimations put the final March figure at 45,533 MT...

FSIS Issues Public Health Alert for Beef and Pork Products Produced Without Benefit of Inspection

The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) is issuing a public health alert for various raw beef and pork products that were produced without the benefit of federal inspection and may bear a false mark of inspection. Food produced without inspection may contain undeclared allergens, harmful bacteria, or other contaminants that put consumer health and safety at risk. FSIS is continuing to investigate and may add additional products to this alert as more information is obtained.

The beef and pork items were produced from April 2024 through March 2026. The following products subject to the public health alert are:

MLA: What’s Ahead for the Cattle Market?

Record production forecast as supply stays elevated

Australia’s cattle sector is set for another year of high throughput. Meat & Livestock Australia’s (MLA) 2026 Cattle Industry Projections is pointing to higher slaughter, record beef production and continued export strength.

The report also notes that the conflict involving Iran has added a layer of uncertainty to the 2026 outlook. While it is too early to assess the full implications for the cattle sector, any prolonged disruption could affect the industry’s operating environment through higher input costs, freight pressure and broader supply chain risks....

Grassley, Smith Introduce Legislation to Study Impact of Concentration in Livestock Industry

Senate Agriculture Committee members Chuck Grassley (R-Iowa) and Tina Smith (D-Minn.) introduced the Livestock Consolidation Research Act, bipartisan legislation to support research into the economic impact of livestock market consolidation on farmers, ranchers and consumers.

“Consolidation in the meat and poultry industry impacts Iowa producers and consumers alike, and right now, they’re feeling the squeeze. The current patchwork of available data...

Ranch-to-Tray Tours Help School Nutrition Professionals and California Ranchers Build Connections

As schools across California work to incorporate more locally sourced foods into their meal programs, many districts are increasingly exploring opportunities to source proteins directly from producers. California’s Ranch-to-Tray tours help bridge that connection by bringing school nutrition professionals and beef farmers and ranchers together to better understand the pathway from ranch to tray.

“School nutrition staff are a big part of kids’ education because nutrition plays such an important role in supporting their learning, growth, and development,” said registered dietitian Kori Dover, Director of...

Wendy’s Renews Warner Bros. Partnership as Growth Strategy Expands Across Markets

Wendy's is renewing its partnership for a third time with Warner Bros. Discovery Global Consumer Products (WBDGCP) to bring the DC Universe to Kids’ Meals.

The promotion is set to launch later this month and run through early June, featuring one of 12 complimentary DC superheroes along with themed DC Ride toys in each order.

Kids’ Meals include a choice of 2-piece chicken tenders, 4-piece chicken nuggets, a hamburger or cheeseburger, paired with either Jr. Hot & Crispy...

Day 26 of Iran War: Oil Eases on Ceasefire Hopes as Diplomatic Signals Remain Mixed

The war involving the United States and Israel against Iran has entered its 26th day, marked by continued military escalation alongside increasingly frequent and conflicting diplomatic signals.

Airstrikes and missile exchanges persist across Iran, Israel, and parts of the Gulf, even as talk of negotiations grows. US officials have signaled readiness to escalate military operations while also leaving the door open to diplomacy. Reports of a potential framework to end the war remain unverified, though multiple outlets indicate that a 15-point proposal has been...

duBreton Welcomes Step Toward Framework Aligned With Organic & Animal Welfare Certified Pork

duBreton welcomes the decision rendered on March 18, 2026, by the Superior Court of Quebec, which orders Les Éleveurs de porcs du Québec to comply with the directive issued by the Régie des marchés agricoles et alimentaires du Québec and to proceed with a referendum on the potential exclusion of organic and animal welfare certified pork from the collective marketing plan.

The ruling marks an important step in a process initiated by duBreton in 2023, when the company applied to the Régie seeking formal recognition of organic and animal welfare certified pork production...

The Retail Rundown: Retailers Pivot to Spring Promotions as Seafood, Pork Lead Features

Spring officially arrived last week, bringing seasonal shifts that grocers are already leveraging. The warming trend is prompting retailers to spotlight items like fresh produce alongside grilling favorites, as shoppers move away from winter staples and prepare to fire up their grills.

Join Us This April as the Executive ConferenceMarks 50 Years

Navigating 2026 means managing simultaneous pressure across trade policy, disease risk, input costs, and shifting consumer demand. The Executive Conference is where senior protein leaders come to cut through it, and this year marks its 50th edition.

This April 20–22 at the Wynn Resort & Casino, Las Vegas, 400+ senior leaders from across the animal protein supply chain will convene for three days of expert analysis and high-level discussion.

Hear directly from Expana analysts and industry experts as they share insights, discuss market dynamics, and take your questions

ANALYSIS: Earlier Procurement Signals Structural Shift in US Beef Rib vs Strip Pricing

Looking back over the past four years, the months leading into the spring grilling season consistently show a transition between 0x1 strips and Choice bone-in ribs. Seasonally, rib prices decline following the Christmas and New Year holidays, eventually falling below 0x1 strip loins as buyers shift toward more cost-effective grilling options. 

In both 2023 and 2024, rib and strip prices reached parity later in the season, mid-May 2023 at $8.22/lb and early...

Demand from Korea Surges Despite Tariff Pressures

South Korea has quickly risen to become one of Australia’s top four global markets, driven by the establishment of the KAFTA (Korea-Australia Free Trade Agreement) and strong consumer demand for Australian red meat. However, 2026 has seen ongoing discussions around the quota safeguard which after being exceeded sees a tariff rate increase from 5.3% to 24%.

Travis Brown, MLA Regional Manager for Japan and Kora, shared his insights in the latest episode of the On the Ground podcast.

“Last year, we hit our quota around mid-September. This year, it looks like we'll probably hit that quota towards the end of July...

Ranchers Applaud USDA ‘Product of USA’ Label; Congress Must Go Further

Today, the U.S. Department of Agriculture launched a national awareness campaign promoting the voluntary “Product of USA” label, encouraging use of its updated standard that took effect earlier this year. Under the revised definition, the label applies only to beef derived from animals that were born, raised, slaughtered and processed entirely in the United States.

R-CALF USA emphasized that while the program remains voluntary, USDA’s action reinforces a clear, enforceable standard for the label when it is used, and it closes a longstanding loophole that allowed imported beef to be labeled as a U.S. product...

Easter Spending Expected to Reach a Record $24.9 Billion

Consumer spending on Easter is expected to reach a record total of $24.9 billion this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. The amount surpasses the previous record of $24 billion set in 2023. On a per-person basis, shoppers are budgeting a record high of $195.59, up from the previous record of $192.01 in 2023.

“While economic uncertainty remains on the minds of many, consumers are still focused on holiday celebrations like Easter,” NRF Chief Economist and Executive Director of Research Mark Mathews said. “Holidays provide an important opportunity...

Cattle Australia: EU FTA Fails on Free Trade

Comments attributable to Cattle Australia Chair, Garry Edwards: 

“This morning’s announcement on trading terms with the European Union (EU) shows that we have been misled by an apparently disingenuous trade negotiation, with amateurs playing a game against professionals.

“The deal that has been struck is simply appalling for agriculture and regional Australia and delivers nothing to address the trade imbalance to the EU.

“The quantities agreed are pathetic with headline trivial volumes not reached for 10 years. At the same time Australia is inundated with massive volumes of tariff-free EU meat...

IUF and TESCO Signed a New Global Agreement to Strengthen Workers’ Rights in Food Supply Chains

The IUF with its affiliate USDAW, the union representing workers in the largest UK supermarkets chain TESCO, signed a new Memorandum of Understanding (MoU) with TESCO.

It establishes a collaborative framework to promote and protect workers’ rights across TESCO’s global food supply chains, with a focus on gender equality. The MoU contributes to the implementation of human rights due diligence initiatives as it reflects a shared commitment to responsible business conduct, with TESCO committing to engage its suppliers on improving labour conditions and meaningful...

Day 25 of Iran War: Trump Claims Iran Talks; Tehran Denies as Attacks Escalate

The US–Israeli war on Iran entered its 25th day on Tuesday amid conflicting signals on diplomacy.

US President Donald Trump said Washington is in talks with Tehran and hinted at a broader deal, but Iranian officials denied this, accusing the US of stalling while reinforcing its military presence.

Trump delayed planned strikes on Iran’s energy infrastructure by five days. Meanwhile, fighting continues to escalate. Iran launched new missile attacks on Israel, Gulf states intercepted drones and missiles, and clashes intensified in Lebanon and Iraq.

Iran...

ANALYSIS: Argentina's Fresh Beef Exports Extend Decline for Sixth Month to 48,959 MT in February '26

According to the latest data from Argentina’s National Institute of Statistics and Census showed that fresh beef exports (chilled and frozen) fell for the sixth consecutive month in February 2026. Shipments dropped further by 8% from January 2026 to 48,959 MT, down 6.5% on a year over year (YOY) basis.

ANALYSIS: New Zealand’s Feb 2026 Beef Exports Continue to Cool but Japan and Korea Hold Firm

New Zealand’s beef exports continued to cool in February 2026, following a sharp retreat in January from December’s nine-month high. Export volumes dipped a further 1.6% to 43,250 metric tons (MT), according to recent Stats NZ figures.

While most major markets saw declines, Japan and Korea acted as stable anchors.

This was driven by declining tariffs under free trade agreements (FTA) and their increasing role as a go-to alternative to US supply, as buyers in these regions look to New Zealand to...

ANALYSIS: EU Pork Exports Surge in 2025 Amid Production Growth and Competitive Pricing 

European pork exports expanded across 2025, driven by increased production and competitive global pricing, though geographic divergence reveals winners and losers in key markets. 

According to the latest European Commission data, EU pork exports increased during 2025, with both overall exports—including byproducts—and fresh and frozen meat sales growing compared with 2024. 

Cumulative EU pork production from January through December 2025 increased approximately 3.34% year-over-year (YOY) to 21.79 million MT. This production surge outpaced domestic EU demand, making international...

Survey Finds Cooking Oil Influences Where Americans Choose to Eat

Coast Packing Company, the leading supplier of animal fat shortenings in the Western U.S., has released new findings from a national consumer survey showing that the type of cooking oil a restaurant uses is no longer just a back-of-house decision. A survey of 1,005 U.S. consumers finds that 43% of Americans say a restaurant's cooking oil influences where they choose to eat. What's more, the data reveals a sharp generational split: younger diners are nearly twice as likely as older Americans to let...

USDA Promotes New, Voluntary “Product of USA” Label

Today, on National Agriculture Day, U.S. Secretary of Agriculture Brooke L. Rollins announced the launch of a national public awareness campaign to inform meat, poultry, and egg producers of the “Product of USA” voluntary labeling standard which went into effect on January 1, 2026, and increases consumer understanding of what the label means.

“Our great patriot ranchers and producers grow, raise, and harvest the world’s safest, most affordable, and abundant food supply. American consumers want to support America by buying American and this label will strengthen our food supply chain...

FSIS Issues Public Health Alert for Ground Beef Products Due to Possible  Contamination

The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) is issuing a public health alert for a ground beef product that may be contaminated with foreign material, specifically metal. A recall was not requested because the product is no longer available for purchase.

The ground beef item was produced on Feb 26, 2026. The following product is subject to the public health alert [view labels]:

16oz (1 lb.) PLASTIC, VACUUM-PACKED, packages containing "WHITE OAK PASTURES, RADICALLY...

Egglife Launches New Grab & Go Breakfast Tacos, Expanding Its Protein-Packed Portfolio 

Egglife Foods, Inc. the Chicago-based brand reimagining flour-based foods using the power of eggs, today announced the launch of its new GRAB & GO Breakfast Tacos, expanding the GRAB & GO lineup beyond its original meat and cheese roll-ups with new, breakfast-ready options. Designed for busy mornings, the new tacos fit seamlessly into real-life routines, from early commutes and school drop-offs to post-workout refuels and everything in between.

The egglife GRAB & GO Breakfast Taco lineup includes familiar, craveable combinations like Chicken Sausage, Egg &...

US Beef Delights Top Restaurateurs and Chefs in Accra, Ghana

USMEF hosted two U.S. beef tastings at the well-regarded Nguni Bar and Grill, in Accra, Ghana. The 64 participants included professional chefs, restaurant owners and operators, food influencers and corporate banking relationship executives who work with hotels and hospitality businesses. Over two evenings, they were treated to U.S. brisket, and sirloin, ribeye and T-bone steaks.

The two-night event helps build on momentum generated by USMEF’s trade mission to Accra in 2025, says Chad Carney, USMEF Africa marketing manager.

“The tasting sessions showcased the quality, versatility and culinary appeal of premium U.S. beef cuts while strengthening engagement with key stakeholders in Ghana’s food service and hospitality industry,” Carney said. “Representatives from...

DoorDash Rolls Out Temporary Fuel Relief Program for Drivers

DoorDash on Monday launched a temporary emergency relief program aimed at offsetting higher fuel costs for US Dashers, offering both gas purchase rewards and weekly payments tied to delivery mileage.

The program provides 10% cash back on gas for Dashers who use the DoorDash Crimson Visa Debit Card, up from the standard 2% rate, at any US gas station, whether they’re on an active dash or not.

Additionally, DoorDash will issue weekly fuel relief payments to eligible Dashers who drive 125 miles or more while actively...

EU FTA a Kick in the Guts to the Meat Industry

The Australian Meat Industry Council (AMIC) has expressed extreme disappointment with the outcome of the European Australia Free Trade Agreement (FTA), which locks in restrictive red meat access, resulting in a permanent competitive disadvantage for Australian meat to the EU.

The volumes and conditions attached to beef, sheep and goat meat trade to the European Union under this FTA limits, rather than supports trade into this important market of 450 million consumers.

The details are particularly hard to stomach for an industry which is already under attack from global trade restrictions and facing significant increases to the taxes charged by the Australian Government on meat exporters...

Record Beef Production Expected as National Herd Remains Above 30 Million: MLA Projections 2026

Australia is on track for another year of historically high cattle throughput, with Meat & Livestock Australia’s (MLA) latest Australian Cattle Industry Projections forecasting total slaughter to reach 9.45 million head in 2026, the highest result since 1978 and above the 2025 total. 

MLA’s Manager for Market Information Stephen Bignell said producers were entering 2026 from a strong position. 

“It is forecasted that 9.45 million head of cattle will be processed in 2026, which is the highest level recorded in almost five decades,” Mr Bignell said. 

“This reflects strong global demand and solid production conditions across much of northern Australia...

A‑EU FTA Delivers Worst Ever Free Trade Agreement for Australian Red Meat Industry to Date

The Australian red meat industry says the Federal Government has badly let the sector down, signing an extremely disappointing free trade deal with the European Union that falls far short of what Australia needed and expected.

Australia’s red meat industry is devastated that the Federal Government signed an FTA that falls well short of delivering a significant increase in market access, despite repeatedly indicating it would not sign a bad deal.

While the incremental increase in quota access has been noted, the outcome is...

Davids, Vasquez Urge Trump Administration to Reverse Plan to Increase Argentinian Beef Imports

Today, Representatives Sharice Davids (KS-03) and Gabe Vasquez (NM-02) called on the Trump Administration to reverse a new policy that would significantly increase imports of Argentinian beef, warning it would harm American ranchers and fail to lower costs for consumers. The administration received bipartisan backlash over its original beef trade deal last year.

“Your prior policies, including the original bailout and now this expansion of Argentinian beef imports, continue to undermine domestic producers and fail to lower grocery costs for Americans,” the lawmakers wrote...

Disciplined Intelligence: How Byte by Yum!™ is Scaling AI at Global Speed

The conversation coming out of ICR Conference 2026, a meeting that “Mad Money” host Jim Cramer has called “the Super Bowl of consumer conferences,” was that the future of global restaurant leadership will be defined by companies that own, operate and scale intelligence as a core capability – and that winning restaurant brands will be those that shift from buying AI tools to building AI capabilities.

Ahead of the industry, Yum! Brands, the world’s largest restaurant company, built Byte by Yum!...

Day 24 of Iran War: Trump Delays Iran Power Plant Strikes for Five Days; Oil Plummets

The US–Israeli war on Iran reached its 24th day on Monday, contributing to a turbulent start to the week for global markets.

President Donald Trump announced a five-day delay in planned US strikes on Iranian power plants to allow time for ongoing negotiations, which he described as "very good and productive". 

However, Iran denied any direct talks and argued that Trump pulled back after facing threats of retaliation. Oil prices swung sharply, climbing earlier in the day before dropping following Trump’s announcement...

ANALYSIS: NWSW Cases in Mexico Continue to Increase

According to SENASICA, New World Screwworm cases in Mexico continue to increase, reaching 1,139 active cases during the week. This represents an increase of approximately 54% on a month-over-month basis...

ANALYSIS: High-Volume Start for China's Jan-Feb 2026 Beef Imports Sets Safeguard Clock Ticking

China’s total beef imports in January and February 2026 reached 627,803 metric tons (MT), representing a 23.4% utilization of the total annual safeguard quota, according to the latest data from the General Administration of Customs (GACC).

The current year-to-date (YTD) figures show a robust 34.0% volume increase year-on-year (YOY) as key suppliers raced to beat the newly implemented tariff "cliffs."

China’s Safeguard Quota Crunch

China’s figures for the first two...

ANALYSIS: Brazil Beef Exports Remained Resilient in February 2026 Despite Middle East Conflicts

As of February 2026, Brazilian beef exports had not yet reflected the impact, growing 1.8% from January to 235,888 MT, according to data from Brazil’s Ministry of Development, Industry, Trade, and Services, while remaining 23.9% higher...

USDA Launches TRUMP Mission to Vietnam to Expand Market Access for American Farmers

The U.S. Department of Agriculture launched a Trade Reciprocity for U.S. Manufacturers and Producers (TRUMP) Mission to Vietnam this week to open new markets, strengthen export opportunities, and secure fair, reciprocal trade for American farmers, ranchers and producers.

Under Secretary for Trade and Foreign Agricultural Affairs Luke J. Lindberg is leading a delegation representing a cross-section of American agriculture that stands to benefit from expanded access to one of Asia’s fastest-growing markets.

“American farmers, ranchers and producers thrive when they have strong, reliable markets for their high-quality products,” said Under Secretary Lindberg. “By strengthening our...

Circana Reports Global Foodservice Traffic Climbs 0.2% in 2025 Led by China and Canada

Circana LLC’s 2025 global foodservice results show that, despite macroeconomic headwinds, overall foodservice traffic rose 0.2% year-over-year (YOY). In the US, traffic dipped 0.3% YOY, but international markets, especially China and Canada, drove meaningful growth across the 12 key markets analyzed.

Although traffic growth through Q4 was modest, consumer spending strengthened, driven by a 3% increase in average check per visit. Quick-service restaurants (QSRs) emerged as the primary stabilizer, accounting for 50% of global foodservice traffic and posting a...

Kraft Heinz to Invest $250 Million in Montreal’s Mont Royal Factory

Today, Kraft Heinz Canada announced a $250 million investment to modernize its Mont Royal factory in Montreal. This significant investment reinforces the company’s commitment to Canadian manufacturing and the homegrown production of its iconic brands. These funds will be directed toward upgrading and modernizing key plant systems at the Mont Royal facility – which employs over 1,000 employees – to enhance efficiency, sustainability, and innovation.

As part of this investment, Kraft Heinz Canada will work to introduce new production volume into the plant. This effort is designed to strengthen...

Growing US Red Meat’s Presence with National Restaurant Chains in Japan

USMEF efforts to increase consumer awareness and grow U.S. beef and pork’s presence on the menus of nationwide restaurant chains in Japan is stepping forward through an extended promotion with a family-style chain. Washoku Sato, a Japanese cuisine-based chain, included three U.S. beef and pork dishes on menus at 201 locations nationwide.

Since October, U.S. pork loin has been a featured item on Washoku Sato’s tonkatsu menu, U.S. beef short plate is promoted on its sukiyaki menu and U.S. beef large intestines is a featured item on its hot pot menu. Washoku Sato estimates it utilizes...

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...

Differentiation Efforts for US Pork Reach Korea’s Institutional Sector

The U.S. pork industry is working to develop opportunities in Korea’s institutional catering sector, where major companies typically serve meals to large numbers of its employees.

An acute labor shortage has employers competing for talent while persistent inflation makes dining out an expensive option for employees. Companies increasingly see their company cafeterias as employee retention tools, and many are working to improve the quality of the meals they offer.

“This environment creates new opportunities as we seek to move product and differentiate U.S. pork...

Day 21 of Iran War: Iran Intensifies Campaign Against Gulf Arab States

The Iranian campaign against Gulf Arab states is expanding, carried out in response to an Israeli strike earlier this week on the South Pars gas field.

On Friday, Tehran launched an attack on an oil refinery in Kuwait, while Israel continued its bombing of the capital. Kuwait’s national oil company reported that multiple units were taken offline. 

Iranian strikes on Qatar’s Ras Laffan LNG facility cut about 17% of output, potentially for up to five years, according to QatarEnergy...

Swine Health & Sustainability Research Update – Q1 2026

This article highlights how National Pork Board research is driving meaningful progress in swine health and sustainability. From advancing practical solutions that protect herd health to delivering tools producers can apply on-farm, Pork Checkoff-funded research is focused on turning science into action.

Research is one of the three areas of focus for the Pork Checkoff outlined in the Pork Act and Order. It’s also the foundation for all Checkoff projects and programs.

In 2025, the National Pork Board (NPB) allocated more than $2.8 million to continue learning more...

ANALYSIS: Multiple Factors Drive the Decrease in US Cattle Slaughter

Cattle slaughter has declined significantly in 2026, driven by several converging factors: reduced feeder imports from Mexico due to New World Screwworm concerns, low cattle inventory across the US, and elevated cattle prices.

For the week ending March 14, 2026, cattle slaughter reached 525,000 head, roughly 19% below COVID-era levels for the same week. The next closest slaughter rate for that week was in 2016, which still displayed levels above 2026 by 3.3%.

Despite 2022 recording the highest average...

ANALYSIS: US Pork Exports Show Seasonal Softness in January, Maintains Year Over Year Growth

The most recent US Department of Agriculture (USDA) US pork export data, covering January 2026, showed total exports at 589,972,000 pounds, declining 2.1% month over month (MOM) but 2.3% higher year over year (YOY). The modest monthly reduction is considered reflective of seasonal adjustments following year-end shipment activity, particularly as post-holiday demand moderates and evolving consumption patterns begin to influence nearby markets.

Mexico continued to be regarded as the leading export destination, despite a 6.8% decline MOM while remaining 3.8%..

Expana's Weekly Top 10: Middle East Market Turbulence, Trade Deals, and Seafood Expo Insights

Expana’s Weekly Top Ten showcases original reporting from the company’s global correspondents, focusing on the most impactful, market-moving stories of the week.

From daily analysis of how the on-going conflict in the Middle East is shaping global commodity markets to live coverage from Seafood Expo North America in Boston, Expana delivers the intelligence that keeps our customers informed and up-to-date to optimize their businesses.

10. Expana's America's seafood experts attended the 44th Seafood Expo North America convention held from...

Economic Storm Worsens for America’s Farmers

Severe weather, high expenses and global uncertainty are hitting farmers from all sides, squeezing them to the breaking point. Fifty-four agriculture groups laid out the challenges facing rural America in a letter to President Trump today.

The letter recognizes progress made last year in enhancing farm risk management tools and securing much-needed tax relief for farmers, but says additional resources are needed during these turbulent times, “As the administration considers a defense supplemental package in the coming weeks, we urge you to include much-needed market relief for America’s farmers...

Day 20 of Iran War: Energy Markets Surge Following Gulf Facility Attacks

The US–Israeli war against Iran has escalated across multiple fronts, involving targeted killings of senior Iranian officials and retaliatory strikes on critical energy infrastructure.

Israel attacked the South Pars gas field on Wednesday and carried out assaults in northern Iran for the first time since the war began in late February.

In response, Iran launched missiles at oil and gas facilities in Qatar, Saudi Arabia, and the United Arab Emirates, striking Qatar’s Ras Laffan Industrial City, the world’s largest liquefied natural gas (LNG) hub...

Neighbors Helping Neighbors: Farm Bureau’s Harvest for All Makes a Difference

Farm and ranch families from across the nation donated 50 million pounds of food and raised more than $870,000 to help fight hunger and assist in other community service outreach in 2025 through Farm Bureau’s “Harvest for All” program. Combined, the monetary and food donations totaled the equivalent of 13 million meals.

Criteria for tracking Harvest for All donations included dollars and pounds of food donated by state and county Farm Bureaus, as well as volunteer hours, reported from the grassroots up as part of the annual campaign...

ANALYSIS: EU Pork Production Rises 3.3% in 2025 

According to the latest European Commission data, cumulative EU pork production from January through December 2025 increased approximately 3.34% year over-year (YOY) to 21.79 million metric tons. This marked the second consecutive year of rising pork production across the ...

ANALYSIS: China’s Jan-Feb 2026 Total Meat Imports Dip 1.2% YOY to 1.08M MT

China’s total meat imports (including offal meats) for the month of January to February 2026 eased 1.2% from a year ago totaling 1.08 million metric tons (MT), according to preliminary data from the General Administration of Customs of China (GACC).

Beef imports (including offals) totaled around 640,000 MT, rising a sharp 37.6% year on year (YOY) while other key animal proteins such as pork, mutton and lamb, and poultry fell.

In 2025, China’s total meat imports clocked in at 6.08 million MT, 8.7% lower YOY.

China’s...

Mayor Johnson Threatens to Veto Ordinance That Would Protect Thousands of Jobs and Restaurants

Coalition of Tipped Workers, Service Operators, Local Businesses and the Illinois Restaurant Association Applaud City Council for Supporting Tip Credit Freeze

Mayor Brandon Johnson is threatening to veto an ordinance that more than half of the City Council supported that would stop the damage being done to the vibrant restaurant industry in each of Chicago's 77 communities.

The ordinance that passed 30-18 freezes the city's tip credit at 24 percent of Chicago's minimum wage, providing needed stability for restaurant workers and...

Senate Hearing Examines ESA Impact on Development and Wildlife Protection

At a Senate Environment and Public Works Subcommittee hearing, Senator Shelley Moore Capito (R-W.Va.) and Chairman of the Senate Environment and Public Works Committee, discussed key issues surrounding the implementation of the Endangered Species Act (ESA), particularly its impact on economic development and its effectiveness in protecting wildlife.

“Because, in some cases, the ESA has, at times, been used to unnecessarily slow down progress, particularly in our timbering and our energy industries […] and actually some of our construction on our highways,” Capito said.

She explored whether...

Rollins and Kennedy Pen Joint Op-ed “We’re Bringing Families More Healthy Foods in a SNAP”

U.S. Secretary of Agriculture Brooke L. Rollins and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. published a joint opinion piece in Fox News highlighting the need to strengthen SNAP retailer stocking standards.  

“At long last, we are modernizing SNAP to responsibly steward taxpayer dollars, promote healthy eating and empower Americans to lead better lives,” said Secretary Rollins and Secretary Kennedy. “This pending final rule squares with the latest Dietary Guidelines for Americans’ call to eat real food by ensuring low...

Minerva Foods Reports Record Net Revenue of R$ 54.8 Billion in 2025

Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a leader in fresh beef exports and its by-products in South America, also operating in the processed foods segment, presents its results for the fourth quarter of 2025 (4Q25). Financial and operating information is reported under BRGAAP, in Brazilian reais (R$), in accordance with IFRS (International Financial Reporting Standards).

In 2025, gross revenue totaled R$ 58 billion, an increase of 59.7% compared to the previous year, with exports accounting for 60% of revenue. Consolidated gross revenue for the fourth quarter of 2025 reached R$ 15.1 billion, up 31.8% compared to the same period in 2024, with exports also representing 60% of the total.

Darden Delivers Strong Q3 as Sales Climb 5.9% YOY

Darden Restaurants reported solid growth in its third quarter of fiscal 2026, with total sales rising 5.9% year-over-year (YOY) to $3.3 billion. This increase was driven by a blended same-restaurant sales gain of 4.2% and contributions from 31 net new restaurant openings.

"We delivered a strong quarter," said Darden President & CEO Rick Cardenas. "We continue to outperform the industry same-restaurant sales benchmark, and this quarter we widened that gap as Olive Garden, LongHorn Steakhouse, Yard House, and Cheddar's Scratch Kitchen each significantly...

Pizza Hut Goes Full-Court Press for March Madness® with Slam-Dunk Space Jam™ Collab and New Menu Drop

With basketball taking over screens nationwide, Pizza Hut – the Official Pizza Partner of March Madness® – is kicking off the tournament with limited edition menu items featuring new recipes and a pop-culture partnership built for game-day gatherings.

In honor of the 30th anniversary of Space Jam, Pizza Hut is teaming up with Warner Bros. Discovery Global Consumer Products (WBDGCP) for a limited-time collaboration that brings basketball, nostalgia and fan-favorite...

NRF Forecasts 4.4% Annual Retail Sales Growth with New Economic Model

The National Retail Federation today forecast that retail sales in 2026 will grow by 4.4% over 2025 to $5.6 trillion, based on a newly enhanced forecasting approach developed in partnership with Oxford Economics, one of the world’s leading independent economic advisory firms. The announcement was made during NRF’s sixth annual State of Retail & the Consumer virtual event, which examines the health of American consumers and the retail industry.

“Consumer spending was a steady and reliable engine of growth in 2025, even as broader economic conditions fluctuated,” NRF President and CEO Matthew Shay said...

Bigger Portions, Same Price: Maggiano's Offers Larger Portions and Expanded Family Style Dining

While others shrink portions, Maggiano's Little Italy® is going bigger and serving up more of what guests love. The iconic Italian-American brand is going back to Maggiano's — returning to the abundant portions, welcoming hospitality, and classic dishes that made the brand a favorite for decades.

Across all 48 locations nationwide*, guests will see substantially larger pasta dishes with approximately 20% more pasta on favorite entrées like Chicken Fettucine Alfredo and Spaghetti & Meatballs served with increased portions of chicken...

Papa Johns Selects Deliverect to Modernize Delivery Operations Across US Restaurants

Papa Johns today announced a strategic partnership with Deliverect to deploy its Smart Dispatch & Delivery Management platform across all Papa Johns restaurants in the U.S. by the end of 2027.

The partnership is part of Papa Johns multi-year initiative to modernize its fulfillment technology stack. The platform enables the brand to execute all orders, whether fulfilled by in-house delivery drivers or third-party service partners, through a single, intelligent system that connects every ordering channel, point-of-sale and delivery workflow into a unified operational delivery...

Farmers Applaud Action to Increase Fertilizer Supplies

American Farm Bureau Federation President Zippy Duvall commented today on President Trump’s decision to waive Jones Act regulations for fuel and fertilizer imports coming through America’s ports, as Farm Bureau requested.

“Farmers applaud President Trump for temporarily waiving Jones Act regulations to allow more ships to bring critical fuel and fertilizer materials to America’s ports. Spring planting season is already underway and the jump in fertilizer and fuel costs, as well as the threat of shortages, sent shockwaves across rural America at a time when farmers are already grappling with low commodity prices...

ANALYSIS: Korea’s Feb 2026 Beef Imports Ease from Record Highs While Australian Quota Tops 50%

Korea’s beef imports in February 2026 retreated from record highs a month earlier, falling to 32,498 metric tons (MT), about one-third of January’s volume, according to the latest data from Korea Customs Service.

On a monthly basis, volumes shed 62.7% month-on-month (MOM) or 54,663 mt, as the market normalized after January’s surge.

The earlier spike reflected standard importer practice of parking cargo at ports or in bonded warehouses before clearing shipments...

Day 19 of Iran War: Middle East Supply Fears Boost Oil 6%; US Eases Shipping Rules

The US-Israeli war on Iran is spreading regionally on its 19th day, with missiles and drones targeting Gulf countries, including Saudi Arabia, Kuwait, and Jordan. Israel bombed central Beirut early Wednesday, killing at least six people and marking an expansion of the US-Israeli war against Iran. Iran carried out further retaliatory attacks on Israel, causing significant damage, and vowed revenge after Israeli strikes killed security chief Ali Larijani and Basij commander Gholamreza Soleimani.

Global markets remain volatile as US diesel prices climbed past $5 per gallon on Wednesday, marking their highest level since 2022. Meanwhile, the national average price for...

Freddy’s Frozen Custard & Steakburgers Partners with Collegiate Athletes Through NIL Deals

Freddy's Frozen Custard & Steakburgers, a fast-casual restaurant, has announced a partnership awarding Name, Image, and Likeness (NIL) deals to ten collegiate athletes in Arizona, North Carolina, Tennessee, and Texas.

Just in time for “the big dance,” Freddy’s is showcasing collegiate athletes excelling in basketball while sharing their menu favorites across social media channels and the brand’s website.

“I’m so excited to be working with Freddy’s again this year,” said Emanuel Sharp, a basketball player for the Houston Cougars...

The Retail Rundown: Spring Demand Builds as Easter and Grilling Season Approach

Following an extended winter in some areas and disruptive weather in others, sentiment across the food industry is beginning to shift in a more optimistic direction.

As spring approaches, many retailers are counting on a release of pent-up demand, with consumers eager to refresh their routines. The seasonal reset could translate into more frequent dining occasions, while retailers are positioned to benefit from the return of backyard cooking and holiday gatherings.

With Easter now under three weeks away, the calendar itself is acting as a demand catalyst, pulling forward promotional activity and shaping merchandising strategies...

USDA’s FSA Reminds Wisconsin Dairy Producers of Available Blizzard Recovery Assistance

Dairy producers in Wisconsin impacted by the winter storm and blizzard conditions beginning March 14 are strongly encouraged to report crop, livestock and infrastructure related losses to the local USDA Farm Service Agency (FSA) and inquire about available disaster recovery assistance.  Winter storms and blizzard conditions create serious challenges for dairy producers, affecting livestock health, feed supplies, transportation and daily milk production.   

“Milk can’t wait. When trucks can’t reach farms or processors on time, producers face costly delays and, in some cases, must dispose of milk that can’t be stored. Those disruptions coupled with livestock losses create real economic consequences for Wisconsin dairy operations,” said Sandy Chalmers...

Jack Link’s Launch Doritos Nacho Cheese Flavored Beef Jerky and Meat Sticks

Link Snacks, the innovative force behind the Jack Link’s brand, is introducing its latest creation: Jack Link’s Doritos® Nacho Cheese flavored beef jerky and meat sticks. This latest launch is a testament to the iconic collaboration between Jack Link’s and PepsiCo, showcasing industry-leading synergy.

“Doritos Nacho Cheese is one of our most iconic flavors—and this partnership with Jack Link’s underscores our commitment to bringing consumers new ways to enjoy the bold taste they know and love,” said Tina Mahal...

Statement from NCBA CEO Colin Woodall On False Animal Health Information Being Spread Online

 “The National Cattlemen’s Beef Association (NCBA) is aware of online rumors that allege a new or unknown animal disease is circulating in a feedlot in the Texas Panhandle. These claims are false. Animal health officials from USDA, state officials in Texas, along with leaders at Texas Cattle Feeders Association, have confirmed there is no such disease present.

Spreading unverified information like this is not only irresponsible, it is harmful to cattle producers, the beef supply chain, and consumer confidence in a safe and wholesome product. Our...

Day 18 of Iran War: Israel Claims Iran's Security Chief Killed; Oil Regains Some Ground

The US–Israeli war on Iran has entered its 18th day, with escalating strikes across multiple cities causing civilian casualties and widening regional instability.

Iran has retaliated against US assets, while Israel has expanded operations against Hezbollah in southern Lebanon. Gulf states report intercepting missiles and drones as airspace disruptions spread.

On Tuesday, Israel said it had killed Iran’s national security chief, while a senior Iranian official stated that the new supreme leader had turned down de-escalation proposals relayed through intermediaries...

MLA Backed Project Proves Low Cost Satellite Connectivity for Whole of Herd Monitoring

Meat & Livestock Australia (MLA) announced the successful completion of an MLA Donor Company (MDC) AgTech project that has demonstrated reliable and affordable two way satellite connectivity for livestock and on farm Internet of Things (IoT) sensors across Australia.
 
The project was led by eSAT Global, with Smart Paddock providing on farm visualisation and Viasat delivering satellite connectivity.
 
Trials conducted in June 2025 at Pinjarra Hills in Queensland and Rockhampton in Central Queensland confirmed the technology’s ability to deliver high message success rates using low power and low...

Meijer Grocery Format Store to Open in Rochester Hills on May 6

Meijer announced today it will open a new 47,000-square-foot grocery format store on May 6 at 1495 N. Rochester Rd. in Rochester Hills, Mich. The new store will expand access to fresh, high-quality groceries and everyday low prices for area customers in a streamlined shopping experience. This is the third Meijer Grocery store in Michigan, complementing its other 125 well-known supercenters and market format stores throughout the state with the same quality customers have come to expect from the Midwest retailer...

General Mills to Sell its Business in Brazil

General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to sell its business in Brazil to 3corações. The proposed transaction, which includes a portfolio of leading local brands including Yoki and Kitano, is expected to close by the end of calendar 2026, subject to receipt of requisite regulatory approvals and other customary closing conditions.

The sale reinforces General Mills’ priority to reshape its portfolio to generate long-term profitable growth, in line with its Accelerate strategy. The transaction increases the company’s operating profit margin and enhances the International segment’s focus...

Utah Student Captures YF&R Collegiate Discussion Meet Title

Sara Bair, a junior majoring in agriculture education at Utah State University, has been named the winner of the American Farm Bureau Young Farmers & Ranchers Collegiate Discussion Meet. Bair earned the national title following a dynamic discussion on how communities can grow responsibly while protecting farms, ranches and the agricultural way of life.

The Collegiate Discussion Meet is designed to replicate a committee meeting where discussion and active participation are expected from each collegiate participant. Participants are judged on their ability to exchange ideas and information on an agricultural topic and...

Jimmy Dean® Protein Lineup Expands with New Bowls Featuring 40 Grams of Protein

As consumers increasingly prioritize protein, the Jimmy Dean® brand is introducing a new lineup of high protein options that deliver up to 40 grams of protein per serving. The new items give shoppers an approachable way to meet their protein goals with convenient options in the frozen aisle where they already turn for quick, satisfying meals.

The Jimmy Dean protein focused portfolio expands well beyond breakfast, offering high-protein options built for busy lifestyles and delivered in the familiar formats consumers already enjoy.

“Protein has become a priority at all eating occasions...

ASA Urges President Trump to Prioritize Soybeans in Upcoming Trade Talks with China  

Ahead of a planned meeting with President Xi Jinping in China later this month, the American Soybean Association is urging President Trump to prioritize U.S. soybeans in ongoing trade talks and secure additional commitments from China to support American farmers and ranchers.  

In a lettersent today to the White House, ASA called for additional purchases of U.S. soybeans and the removal of the remaining 10% retaliatory tariff on U.S. imports into China.

“Farmers continue to face serious headwinds as we enter the 2026 planting season,” said ASA...

Day 17 of Iran War: US Allies Decline Trump's Request to Send Ships to Strait of Hormuz

On the 17th day of the US-Israeli war on Iran, Israel launched a fresh wave of airstrikes on Tehran. Iranian officials dismissed US claims of truce talks, emphasizing readiness to defend the country.

Amid rising tensions in the Gulf region, Iran’s Foreign Minister Abbas Araghchi says the Strait of Hormuz “is open, but closed to our enemies, to those who carried out this cowardly aggression against us and to their allies”.

US President Donald Trump is pushing allies to form a coalition to secure the Strait of Hormuz, while Japan and Australia have said...

Farm Bureau Recognizes Graduates of Partners in Advocacy Leadership Class 12

The American Farm Bureau Federation is honoring 10 outstanding leaders as graduates of the organization’s 12th Partners in Advocacy Leadership class. PAL is designed to help agricultural leaders accelerate their engagement abilities and solidify their roles as advocates for agriculture.

“We’re proud of our PAL graduates and the dedication they’ve shown throughout the program,” said AFBF President Zippy Duvall. “Their commitment to strengthening their advocacy skills will make a meaningful difference in rural communities across the nation.”

Graduates of PAL Class 12 are: Magen Allen, Arkansas; Jennifer Beretta, California...

The Winn-Dixie Company Transitions Stores Under the Winn-Dixie Brand

The Winn-Dixie Company today announced that seven Harveys Supermarket locations across Florida and southern Georgia will transition to the Winn-Dixie banner as part of the company’s broader brand transformation and commitment to bringing its stores together under one trusted name.

The conversions mark another step forward in the company’s evolution to The Winn-Dixie Company, reflecting a sharpened focus on growing the Winn-Dixie brand and delivering a more unified grocery experience for customers across Florida and southern Georgia. Following the transition, customers will continue to be served by their local store teams while...

WHO Renews Partnership With the University of Oxford, Promoting Healthy and Sustainable Diets

WHO/Europe has designated the Nuffield Department of Primary Care Health Sciences at the University of Oxford as the WHO Collaborating Centre for the Promotion of Healthy and Sustainable Diets. This builds on the strong foundation of a previous collaboration, as the Department partnered as a collaborating centre in 2013–2021. The new centre will support WHO’s work, specifically in the WHO European Region, by providing evidence and building capacity to advance policies for healthier and more environmentally sustainable food systems.

The centre’s key areas of support...

FSIS Issues Public Health Alert For Frozen RTE Turkey Stuffed Pastry Products Due To Misbranding

The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for frozen ready-to-eat turkey stuffed pastry products due to misbranding. Some boxes of the turkey, pesto, and cheese stuffed pastries contain ham and cheese instead. A recall was not requested because the product is no longer available for purchase.

The turkey, pesto, and cheese stuffed pastries were packaged on Feb. 18, 2026, and may contain ham and cheese stuffed pastry items. The following product is subject to the public health alert...

Pork Exports Open 2026 on High Note; Beef Variety Meat Value Record-High

U.S. pork exports trended higher year-over-year in January, led by another outstanding performance from leading market Mexico, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). January beef exports were lower than a year ago due to the prolonged lockout in China, but export value per head of fed slaughter was more than $415 – the highest since March and reflecting solid demand in other markets. Beef variety meats were a major bright spot, with export value topping the...

MLA: Heavy Steer Prices Surge Toward Record Highs

Australia’s National Heavy Steer Indicator climbed to 465.29¢/kg liveweight (lwt) on Thursday, placing it among the highest levels ever recorded.

The price sits just below the record of 471¢/kg lwt set in October 2021, but has already surpassed other historic peaks, including 464¢/kg, which was reached in November last year.

Demand for finished cattle

The surge in prices reflects persistent processor demand for finished cattle – particularly well-finished grassfed animals – even as national cattle production remains elevated. Usually, high production and slaughter volumes would suppress prices...

DOL Awards Wore Than $1.6 Million to Assist Workers Affected by Closure of Nebraska Beef Plant

The U.S. Department of Labor today awarded $1,671,239 to the Nebraska Department of Labor to support employment and training services for eligible individuals in communities affected by the closure of the Tyson Foods Inc. beef processing plant in Lexington.

On Jan. 20, 2026, Tyson Foods closed its beef processing plant in Lexington, resulting in the layoff of 3,200 workers. This is an unprecedented event for the Lexington community, affecting one-third of approximately 10,500 residents.

Administered by the department’s Employment and Training...

Walmart Taps Erin Nealy Cox as Chief Legal Officer and Global Secretary

Walmart has announced the appointment of Erin Nealy Cox as Executive Vice President of Global Governance, Chief Legal Officer (CLO), and Corporate Secretary, effective April 13, 2026. Walmart’s Global Governance organization encompasses global legal, compliance, ethics, corporate governance, digital citizenship, enterprise risk management, litigation, aviation, investigations, and corporate security, including Walmart’s Global Security Operations Center.

"To lead Global Governance for a company of our scale and complexity, you need a leader who has thrived in the most demanding environments. Erin is exactly that leader," stated...

Most of the US Rented Farmland is Owned by Non-Farmers

Over 2.0 million landowners rented out 348 million acres of farmland, according to the results of the 2024 Tenure, Ownership, and Transition of Agricultural Land (TOTAL) survey results released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). Of these acres, 79% are owned by non-farming landlords.

Non-operating landlords include entities who rent out agricultural land under a variety of ownership arrangements (privately owned, trust, family entity, non-family entity, or other). Of the land rented out by non-operating landlords, over 251 million acres were rented out by private landowners, trusts, or family entities.

According to the survey results, rented farmland...

ANALYSIS: US 2026 Cattle Market Pulls Back From Record Territory as Drought and Feed Costs Loom

Live steer prices have declined for the first time since December 2025. According to the United States Department of Agriculture Five Area Direct Cattle report, current live steer prices are around $239/cwt. While prices have softened in recent weeks, they remain historically strong, roughly 20% higher than the same time in 2025. Prices have pulled back about 3% from the recent record high of $246/cwt, the...

Expansion, Acquisitions, and Promotions Lead Activity in Foodservice

In this first-half-of-March foodservice roundup, operators continue to pursue growth across global markets while leveraging promotions and partnerships to drive traffic. Highlights include new international franchise agreements, portfolio expansion through acquisition, and marketing activations tied to major cultural moments. From development in emerging markets to value-driven limited-time offers, brands are pairing expansion with targeted marketing to maintain momentum.

Expansion

The Wendy's Company is expanding its presence in Mexico with the announcement of two new franchise agreements, adding over 60 fresh Wendy's...

Day 14 of Iran War: US Temporarily Eases Russian Oil Sanctions; Shipping Risks Mount 

Israeli airstrikes have hit Tehran on the 14^th day of the Iran war as Iran and its allies launch retaliatory attacks across Gulf states, sharply escalating tensions across the region and disrupting global energy markets.

Shipping through the Strait of Hormuz, a vital route linking the Gulf to the Gulf of Oman, remains severely disrupted.

On Friday, the US issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea. Oil prices eased following the announcement, though prices are...