Middle East Market Intelligence Brief: Week Ending August 7, 2026

President Donald Trump’s war with Iran has reached its sixth month, lasting far longer than the weeks-long conflict he initially predicted. A combination of diplomatic efforts and renewed military threats this week has highlighted the limited options before the White House as it looks for a way to end the war.

The administration now faces a decision: continue escalating pressure on Iran or pursue negotiations aimed at reaching a resolution...

Yum China Completes the Acquisition of Ownership of the Pizza Hut Brand in Mainland China

Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has completed the acquisition of the ownership of the Pizza Hut brand in Mainland China from Yum! Brands, Inc. ("Yum! Brands") (NYSE: YUM) for US$1.2 billion.

The acquisition was first announced on June 16, 2026.

Joey Wat, CEO of Yum China, said, "Becoming the owner of the Pizza Hut brand in Mainland China is a major breakthrough for us, after operating the brand in the...

Farmers Left Waiting After Senate Farm Bill Fails to Advance

American Farm Bureau Federation President Zippy Duvall today expressed deep disappointment in the failure of the Senate Committee on Agriculture, Nutrition, and Forestry to advance a farm bill. He called on senators to return to the negotiating table for the sake of rural communities across America.

“We are deeply disappointed that senators failed to advance a farm bill today,” said Duvall. “At a time when farmers, ranchers and rural communities across the country are facing multiyear losses, the need for a strong, bipartisan farm bill, one that...

White Castle Brings Back 10 Original Sliders for $8.99 for a Limited Time

White Castle is bringing back one of its most popular value deals, offering customers 10 Original Sliders for $8.99 as the company continues to position itself as a convenient, one-stop option for family meals while delivering affordable value.

“White Castle has always been about meeting Cravers where their budgets are,” said Jamie Richardson, Chief Marketing Officer at White Castle. “Bringing back the $8.99 10-sack means Cravers can keep feeding their Crave without it costing them extra...

ANALYSIS: US Beef Feet Falling Short of 2025 Price Levels

2026 prices are roughly half of 2025 levels, and the gap widened through the month. The YOY deficit started at -54.0% and ended at -57.3%, meaning despite both years trending upward, 2026 lost further ground at the close of the month relative to where it started.

The rallies are structurally incomparable, and the supply picture explains why. July 2025 gained $0.289/lb with weekly moves as large as $0.139, driven by tight supplies that fell short of buying interest. July 2026's entire monthly gain of...

New World Screwworm in the US - What We Know So Far

The New World screwworm (NWS), a flesh-eating parasitic fly whose larvae feed on living tissue, has re-emerged as a major animal-health threat in the Americas after spreading northward through Central America and Mexico.

Federal and state authorities have expanded surveillance, quarantines, and sterile-fly releases in an effort to prevent the pest from becoming re-established in the country.

Expana is closely tracking the situation—see below for related coverage and an updated factsheet with the latest developments...

US Foods Reports Record Adjusted EBITDA, 23% Earnings Growth in Second Quarter

US Foods Holding Corp. reported strong second-quarter fiscal 2026 results, with net sales increasing 4.5% to $10.5 billion, net income rising 22.8% to $275 million and diluted EPS growing 29.2% to $1.24. The company also delivered record adjusted EBITDA of $604 million, up 10.2%, while adjusted diluted EPS increased 21.0% to $1.44.

Independent restaurant case growth accelerated to 5.1%, helping drive a 1.9% increase in total case volume. Gross profit rose 8.0% to $1.9 billion, while adjusted EBITDA margin...

June Beef Export Value Above Year-Ago; Now-Resolved Offal Restrictions Slowed Pork Exports

In June, the value of U.S. beef exports increased from a year ago despite lower volumes, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). June pork exports were below last year, largely due to a sharp decline in pork variety meat exports attributable to pseudorabies-related restrictions that have since been lifted by Mexico and Colombia.

June beef exports totaled 88,586 metric tons (mt), down 6% from a year ago. However, export value was up 3% to $790.1 million, bolstered by year-over-year increases in Japan, Taiwan, the ASEAN region...

NCBA, PLC, WCA Urge Senate to Pass Bill Delisting Gray Wolf

Today [August 4, 2026], the National Cattlemen’s Beef Association (NCBA), Public Lands Council (PLC), and Wisconsin Cattlemen’s Association (WCA) urged the Senate to pass S. 1306 and thanked Senator Ron Johnson R-Wis., for elevating this critical issue on behalf of livestock producers. The legislation would reissue the 2020 rule delisting gray wolves in the lower 48 states returning management authority to the states and is the Senate companion to the Pet and Livestock...

250+ Agriculture Groups Call for Bipartisan Senate Farm Bill

More than 250 food and agriculture organizations joined forces to urge the Senate Committee on Agriculture, Nutrition, and Forestry to advance a bipartisan farm bill out of committee in a letter delivered today. The American Farm Bureau organized the letter, which notes that farmers and ranchers haven't had a new farm bill in almost ten years.

“As organizations representing a broad swath of food and agriculture, we urge you to advance the Agricultural Act of 2026 in a bipartisan manner out of the Senate Agriculture Committee,” the letter states...

NRF 2026 Hot 25 List Highlights Fastest-Growing Retailers

The National Retail Federation today announced the 2026 Hot 25 Retailers List, compiled by Kantar. The annual list ranks the fastest-growing retailers in the United States based on increases in domestic retail sales between 2024 and 2025.

“The retailers on this year’s Hot 25 list highlight the diversity and innovation shaping today’s retail landscape,” NRF Chief Economist and Executive Director of Research Mark Mathews said. “As consumer preferences evolve, these retailers are responding with products, value and shopping experiences that resonate with consumers.”

Chinese retailer Miniso claimed the top...

ANALYSIS: Australia's July 2026 Beef Exports Ease as China Safeguard Delivers First Full-Month Impact

Australia's outbound beef shipments retreated further in July 2026, with total export volumes easing to 143,962 metric tons (MT), according to the latest trade data from Australia's Department of Agriculture, Fisheries and Forestry (DAFF).

The result marks a second consecutive monthly decline from May's all-time record of 152,438 MT, falling 1.9% below June's 146,798 MT and 4.3% below the same month last year, the first year-on-year (YOY) decline since December 2022...

Albertsons Companies Expands AI-Powered Grocery Shopping with New Safeway Plugin in ChatGPT

Albertsons® Companies, Inc. continues its digital transformation today announcing its Safeway plugin in ChatGPT, making grocery shopping faster, easier and more intuitive. Available now, the new Safeway plugin helps consumers discover products, evaluate options and complete their shopping journey in ChatGPT, while remaining in control of their purchasing decisions.

“We are on a mission to power our customers at every touchpoint with AI to deliver a seamless shopping experience that’s faster, easier and more enjoyable,” said Jill Pavlovich, SVP of Digital Customer Experience...

7-Eleven Introduces Limited-Time Breakfast and All-Day Offers for Back-to-School Rush

7-Eleven, Inc. is rolling out a new lineup of breakfast offers and all-day deals timed for the back-to-school rush across 7-Eleven®, Speedway® and Stripes® stores nationwide. The initiative highlights quick, low-price options aimed at busy mornings and parents on-the-go.

For a limited time, customers can find hot, hearty items at the chain’s in-store restaurants:

Laredo Taco Company® restaurants are rolling out all-day $3 quesadillas. It includes a...

Marco's Pizza Signs Three-Unit Agreement in Columbia, Missouri

Marco's Pizza, one of the nation's fastest-growing pizza brands, announces a new three-unit development agreement in Columbia, Missouri, led by franchise co-owners Russ Anderson and Betzayda "Betzy" Alvarez-Anderson. Joining them in the agreement is Betzy's husband and Russ' nephew, Klayton Anderson, who will serve as operator. The first location is scheduled to open in October 2026, at 911 Rain Forest Pkwy., marking the start of a broader regional development plan across mid-Missouri.

"This agreement reflects exactly the kind of operator partnership that drives sustainable growth for our brand," said Gerardo Flores, Chief Development Officer of Marco's Pizza. "Russ, Betzy...

Piggly Wiggly Food For Less Announces Affordable Protein Initiative for American Families

In response to rising grocery costs, Piggly Wiggly Food For Less announced today its Affordable Protein Initiative, reinforcing the company's commitment to providing fresh, high-quality meat at an exceptional value. Through strategic manufacturer partnerships, fresh in-store meat operations, its proprietary Power Buy Program, and its Cost Plus 10% pricing philosophy, Piggly Wiggly Food For Less is helping customers save on the products families purchase most.

"Meat is the centerpiece of almost every family meal," said Kevin McDaniel, co-owner of Piggly Wiggly Food For Less...

The Retail Rundown: Retailers Pivot to Back-to-School and Football Season

August marks one of grocers' busiest seasonal transitions as retailers work to capture the final weeks of summer while preparing for back-to-school routines, Labor Day cookouts, and the start of football season.

Store circulars are increasingly shifting from vacation essentials to lunchbox staples, breakfast foods, and snacks. Retailers are also capitalizing on the broader protein trend by highlighting products that deliver both nutrition and convenience, with deli meats and ready-to-eat offerings prominently featured. 

USDA retail feature activity indicates this emphasis on fresh proteins, with ground beef serving as a key traffic driver...

USMEF Launches “Father’s Day is US Beef Day” Initiative in Japan

Comprehensive campaign connects U.S. beef to Father’s Day while boosting consumer demand through retail and foodservice promotions.

Inflation and a weakened currency continue pushing Japan’s food prices upward. With the yen recently hitting its weakest level in 40 years, Japanese consumers are naturally trading down to less expensive food options, particularly for everyday items. At-home consumption of beef dropped 3% in 2025, and has fallen 15% since 2019, according to Japan’s Agriculture & Livestock Industries Corporation.

While retail sales for imported beef are down, the weakened yen is boosting tourism. Last year, a record 42.7 million tourists visited Japan, a 16% increase over 2024, per...

Secretary Rollins Announces New Steps to Put Farmers First While at Minnesota Farmfest

Today [August 4, 2026], at Minnesota Farmfest, U.S. Secretary of Agriculture Brooke L. Rollins announced several steps that the U.S. Department of Agriculture (USDA) is taking to support America’s farmers in response to ongoing challenges across the agricultural sector. These actions include a series of data modernization, payment flexibility, and enhanced crop insurance options to benefit farmers.

“When I travel across farm country, I hear the same message over and over: producers want a USDA that works for them. The Trump USDA is focused on making changes that improve the livelihood of our great farmers. I am pleased to announce three critical initiatives to support farmers and U.S. agriculture broadly...

FMI Response to Senate AI Surveillance Pricing Hearing

Today [August 4, 2026], FMI – The Food Industry Association Vice President of Tax, Trade, Sustainability and Policy Development Andy Harig issued the following statement regarding today's Senate Judiciary Subcommittee on Crime and Counterterrorism hearing on AI surveillance pricing.

"FMI supports policies that promote transparent, accurate and understandable pricing for consumers. Grocery retailers compete every day to earn shoppers' trust by delivering value, convenience and affordable food, and consumers have more choices than ever about where and how they shop.  

"Food prices are influenced by a wide range of factors, including supply and...

PrimoHoagies Strengthens Operational Excellence Under COO Glen Brandeburg

PrimoHoagies, the award-winning Italian specialty sandwich franchise known for its authentic hoagies, premium ingredients and more than 34 years of family stewardship, is strengthening another critical pillar of its long-term growth strategy through the leadership of Chief Operating Officer Glen Brandeburg.

With more than three decades of restaurant leadership experience spanning corporate operations, franchise support, field leadership, executive management, and multi-brand franchise operations, Brandeburg joins PrimoHoagies to build the operating systems, franchise support infrastructure, and execution discipline that will help the family-owned...

After 3 Months of Decline, Farmer Sentiment Rebounds in July

After three consecutive months of decline, farmer sentiment rebounded as the Purdue University/CME Group Ag Economy Barometer reported an increase of 13 points in July to 126. The Current Conditions Index increased 20 points to 122, while the Future Expectations Index rose 11 points to 129. High input costs remained producers' top concern, with 46% identifying them as the biggest challenge facing their operation. When asked about the biggest challenge to success over the next five to 10 years, 30% of respondents cited crop or livestock prices. The survey...

Portillo’s Appoints Kevin Kalicak as Chief Financial Officer

Portillo’s, the fast-casual restaurant concept known for serving Chicago-style favorites for more than 60 years, today announced the appointment of Kevin Kalicak as Chief Financial Officer and Treasurer, effective September 7, 2026.

Mr. Kalicak joins Portillo’s bringing decades of financial leadership within the restaurant industry, serving in various roles with Darden Restaurants for more than 25 years. As Chief Financial Officer of Portillo’s, he will oversee the company’s finance organization, including financial planning and analysis, accounting, investor relations, internal audit, tax, supply chain and other corporat...

ANALYSIS: Japan H1 2026 Beef Imports Rise 4.5% YOY Despite Demand and Currency Headwinds

Japan imported 247,461 metric tons (MT) of beef in the first half of 2026, up 4.5% year-on-year (YOY), according to data from Japan's Trade Statistics.

This marks a partial recovery from the decade low of 496,166 MT recorded in full-year 2025, which was the first time annual imports had fallen below 500,000 MT since 2015.

The H1 gain was partly seasonal, with April's surge to a two-year high of 55,357 MT driven by concentrated Golden Week restocking...

Sysco Reports Higher Fourth-Quarter Sales, Volume Growth; Sets 2027 Outlook

Sysco reported higher sales, earnings and case volume for the fourth quarter ended June 27, with growth across its US and international foodservice operations while introducing fiscal 2027 guidance that includes productivity gains from artificial intelligence initiatives.

Fourth-quarter sales rose 4.7%, led by a 2.5% increase in US Foodservice case volume and 2.6% growth in local case volume. Gross profit climbed 3.7% to $4.1 billion, operating income increased 10.6% to $983 million and net earnings grew 3.8% to $551 million.

Ockap Caviar & Cuisine Joins Miami Spice With $95 Three-Course Reserve Menu in Brickell

Ockap Caviar & Cuisine will join the 25th edition of Miami Spice Restaurant Months, the Greater Miami Convention & Visitors Bureau’s annual dining program running Aug. 1 through Sept. 30.

The Brickell caviar house, founded by Dominican restaurateur Oscar Andrés Brenes in partnership with Paris-based Ducasse Conseil, is offering a Miami Spice Reserve three-course Experience for $95 at its 1060 Brickell Avenue location.

"We wanted a restaurant that reflects the standards of fine dining without the formality or intimidation that...

McDonald's Appoints Skye Anderson as President of McDonald's USA

McDonald's Corporation today announced that Skye Anderson, a Company executive with more than 26 years of McDonald's experience, has been appointed President, McDonald's USA, effective today. Her appointment reflects the Company's focus on improving everyday restaurant experience, strengthening value offerings for customers and driving long-term profitable growth across the U.S. business. In this role, Anderson will oversee nearly 14,000 restaurants across the United States and lead the Company's largest market as the organization advances McDonald's > NEXT, its strategy to be customers' first choice while unlocking growth and productivity across...

Wendy’s Brings Back Pretzel Bacon Pub Cheeseburger as Part of Fall Menu Refresh

As summer winds down, Wendy's is preparing a fall menu refresh, bringing back fan favorites and adding seasonal items.

The Pretzel Bacon Pub Cheeseburger returns by popular demand after its success in the "Bring it Back" bracket contest earlier in the year, where fans voted on the return of several discontinued items.

"The 'Bring It Back' bracket made one thing clear: Wendy's fans wanted the Pretzel Bacon Pub Cheeseburger back, and we're excited to deliver," said Lindsay Radkoski, Chief Marketing Officer...

Meijer Thanks Midwest Families with Six Weeks of Discounts on More than 1,000 Everyday Favorites

Meijer announced today it is offering discounts on a rotating selection of more than 1,000 popular grocery items through September 8, 2026, as a thank you to Midwest families for consistently choosing to shop with the retailer.

The rotating selection of discounted items features hundreds of product categories, including some of the retailer's most popular ones like meat, produce, snacks, cereal, and household supplies. Some key items will remain discounted the entire six weeks, including...

Target Expands Good & Gather Brand With Debut Cookbook

Target is extending its flagship Good & Gather brand with the debut of its first cookbook, another step in the retailer's strategy to strengthen its position as a food discovery destination.  

"Good & Gather: Discover Delicious Every Day" launches Aug. 4 in stores and online, featuring 100 recipes developed by Target's in-house test kitchen. The cookbook incorporates Good & Gather products throughout, with every ingredient available through Target's assortment.

The cookbook extends a brand that has become a key part of Target's food business since its 2019 launch. Good & Gather...

RealCold opens Colton Facility, Expanding Cold-Storage Footprint in California

RealCold has opened a new cold-storage facility in Colton, Calif., expanding its presence in the western US and adding capacity in one of the country’s most important food distribution markets.

The company said the San Bernardino County site is designed to provide an affordable temperature-controlled storage option for food brands in California as part of its broader national growth strategy. Located less than 60 miles from downtown Los Angeles, the facility is positioned to serve customers across the state with warehousing and e-commerce fulfillment services.

Golden Corral Rolls Out $2.50 Kids’ Buffet for Summer Weekends

Golden Corral is targeting family traffic, a reoccurring trend this summer in foodservice, with a limited-time kids’ buffet promotion that pairs an aggressive price point with nutrition-forward cues.

Beginning July 31 and running Fridays-Sundays, now through Aug. 30, the chain will offer an all-you-can-eat dine-in Kids Buffet plus a drink for $2.50 for children ages 4–12. The deal is valid at breakfast, lunch and dinner; kids 3 and under eat free. The offer is capped...

Farm Bureau Encouraged by Senate Farm Bill Markup Schedule

American Farm Bureau Federation President Zippy Duvall today [August 1, 2026] applauded the release of farm bill text and notice of a Senate Ag markup for next week.

“When you look across the spectrum of agriculture, there is one piece of legislation that touches almost every farm in America, and that’s the farm bill, so it’s time for Congress to get it done.

“We’re grateful to Senate Agriculture Committee Chairman John Boozman for releasing farm bill text and are encouraged that we can achieve a bipartisan bill that can get across the finish line. We appreciate the Administration’s call for Congress to move this process forward and urgently deliver a farm bill to the President’s desk.

Secretary Rollins Announces Growth of USDA’s Product of USA Label with Six Additional Companies

U.S. Secretary of Agriculture Brooke L. Rollins today announced six additional meat and poultry companies have adopted USDA’s voluntary Product of USA (POTUSA) label, continuing the strong momentum behind the Trump Administration’s efforts to help consumers easily identify products that are truly born, raised, harvested, and processed in the United States.

As more processors adopt the Product of USA label, American families have greater confidence that when they purchase products bearing the claim, they are directly supporting American farmers, ranchers, processors, and rural communities.

"Product of...

Tesco Strengthens Sustainable Beef Group With New Long-Term Contracts and Enhanced Farmer Incentives

Tesco has today [July 29 2026] announced details of its enhanced, industry-leading Tesco Sustainable Beef Group (TSBG), introducing a more closely aligned group of around 200 farmers supplying its award-winning Finest Steakhouse beef range.

Farmers in the enhanced TSBG will benefit from a new three-year contract, earning an additional amount per kg by meeting a new set of standards focused on quality, breeding, animal health and welfare, and sustainability. The incentives reflect Tesco's ambition to work in partnership with farmers to support best practice and deliver improvements, while also building resilience across the supply chain.

Tesco will also provide the TSBG with a bonus incentive for new levels of traceability through whole-life assured cattle...

Expana's Weekly Top 10

In this week’s Top 10, the round up highlights a food and commodities landscape being reshaped by investment shifts, trade disruption and supply chain pressure. From Cargill’s push deeper into Indonesian cocoa and continued US dairy expansion to new Section 301 tariffs, Middle East energy risks and structural strain in Alaska seafood, the stories reflect how companies and markets are adapting to volatility while positioning for longer-term growth. This list is in no particular order.

Find archived recaps here.

10. At IICC, Cargill highlighted Indonesia as a key growth...

Late-Summer Promotions, and Staff Changes Lead Foodservice Headlines as Q2 Results Roll In

As the summer season winds down, foodservice operators are leaning on limited-time offers, brand partnerships and menu innovation to sustain consumer engagement and traffic. This week's developments also highlight continued executive leadership changes across the industry, alongside the latest second-quarter earnings reports that provide insight into restaurant performance amid ongoing consumer demand pressures.

Seasonal promotions and partnerships

Wendy's launched a limited-time Kids' Meal promotion celebrating Sonic the Hedgehog's 35th anniversary, featuring seven collectible card cases and 35 trading...

RFK Cooking Show? HHS Launches Cooking Series Centered on “Real Food” Message, and More

On July 30, US Health and Human Services (HHS) Secretary Robert F. Kennedy (RFK) Jr. launched “The Real Food Show,” according to a press release. The new cooking series will be aimed at helping Americans prepare healthy, affordable meals at home using whole-food ingredients. 

Kennedy announced the initiative at Fort Drum during the opening of the Belvedere Bistro, a military dining facility operated by Compass Group as part of Chef Robert Irvine’s food modernization effort for US bases. 

Hormel Foods Completes Sale of CERATTI® Business in Brazil

Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the successful completion of the sale of its Brazilian operations, operated under the CERATTI® brand, to Zanchetta Alimentos LTDA, a Brazilian food company with an established presence in the market.

The transaction follows the definitive agreement announced on June 29, 2026, and reflects Hormel Foods' ongoing efforts to simplify and streamline its portfolio while focusing its international strategy on markets with the strongest long-term growth opportunities.

Financial terms of the transaction were not disclosed...

Middle East Market Intelligence Brief: Week Ending July 31, 2026

Geopolitical risks remained elevated this week as tensions around key energy corridors persisted. Diplomatic efforts continued alongside security concerns, with Iran and Oman extending discussions over the future management of Hormuz, despite Tehran rejecting Oman’s proposal for joint oversight.

Meanwhile, Saudi Arabia sought to deepen regional defence cooperation focused on safeguarding maritime routes across the Bab el-Mandeb, Red Sea, and Gulf of Aden.

Energy supply risks intensified after a drone strike reportedly set two gas vessels ablaze at Egypt’s Damietta port, reviving concerns over potential disruptions to shipping through...

DSM-Firmenich Cuts 1,000 Jobs While Expanding Bovaer Production 

DSM-Firmenich AG announced a global capacity footprint reduction of 1,000 positions alongside production expansion at Bovaer plant in its second-quarter results. 

The reduction follows the company's decision to become a consumer-focused organization and simplify its organizational structure. 

Capital expenditures for 2026 remain elevated as Bovaer plant plans to commence its operations by year-end, according to the company. 

Bovaer sales timing weighed on first-quarter growth but added approximately 1 percentage point to Taste, Texture & Health growth in the second quarter, according to the management....

Retailers See Fraud Schemes Evolve as Shoplifting Declines, NRF Study Finds

Retail store theft levels are stabilizing, but external theft and fraud overall continue to rise, according to a new study released today by the National Retail Federation and the Loss Prevention Research Council and sponsored by Sensormatic Solutions. The Impact of Theft & Violence 2026 report found that retailers experienced a 12.4% decrease in shoplifting incidents and an 8.1% decline in retail merchandise theft in 2025 compared with 2024, while other methods of external theft, fraud and scams increased over the same period. These findings highlight the evolving nature of...

Circle K Adds More Ways to Earn with Inner Circle Rewards Program: Every Visit Counts

Circle K®, the global convenience store chain, is redesigning its Inner Circle rewards program to reward customers simply for showing up. Starting September 2, every Visit counts. Every qualifying fuel-up, coffee run or snack stop earns a Visit, and every Visit moves members closer to their next reward*.

Here’s how it works in practice:

• Earn a Visit on every qualifying fuel-up or in-store purchase, just by entering a phone number at checkout or the...

Yum Brands Reports Q2 Growth as Digital Sales Near $9 Billion

Yum Brands reported solid Q2 results, posting broad-based growth across its global restaurant portfolio as unit expansion and digital sales continued to fuel momentum.

Chris Turner, CEO said, “We delivered another strong quarter with robust same-store sales and restaurant-level margin performance. We also reached separate definitive agreements with two exceptional buyers for the Pizza Hut business, bringing our strategic review process to a close."

For the quarter ended June 30, worldwide system sales increased 5% excluding the impact of foreign...

ANALYSIS: Record Lows and a Partial Recovery - US Frozen Pork Cold Storage Deficit Persists

US frozen pork cold storage entered 2026 on historically precarious footing, with December 2025 ending inventories confirmed as the lowest on record in the series dating back to 1999, approximately 21% below the long-term December average. January 2026 opened at 403.8 million pounds, 22% below the 10-year January average, before inventories continued to erode throughout the first quarter. February extended the deficit to its widest point at 25.9% below the 10-year benchmark, while March bottomed out at 400.9 million...

ANALYSIS: Record-Low Calf Slaughter Shapes the US Veal Market

The most striking development is the collapse in federally inspected calf slaughter. Through the week ending July 6, 2026, slaughter has ranged from about 1,350 to 2,100 head per week, compared with a 33-year average of roughly 14,000 to 16,000 head for the same period. Year-to-date, federally inspected calf slaughter totaled approximately 45,100 head, down 29.5% from the same period in 2025 and more than 60% below 2023 and 2024 levels. The July 6, 2026, total of 1,343 head was the lowest weekly volume in the available...

Episode 43: What's the Catch? Tariff Impact on Global Seafood 

The global seafood trade is a complex web of species, product forms, production regions, and seasonality. Highly susceptible to geopolitical shifts among global trade partners, action in the seafood market impacts producers, importers, exporters, retailers, foodservice and, ultimately, consumers.

In this episode, Jamie and special guest, Ryan Doyle, dive into the deep waters of trade policy and the latest round of tariff news--and what it all could mean.  

Listen now.

Secretary Rollins Announces $25 Million Commitment for New Arizona Sterile Fly Dispersal Facility

Today [July 29, 2026], U.S. Secretary of Agriculture Brooke L. Rollins visited the livestock inspection facilities at the Douglas, Arizona, Port of Entry, joined by Rep. Juan Ciscomani (AZ-06), Rep. Andy Biggs (AZ-05), Rep. Eli Crane (AZ-02), and Arizona Director of Agriculture Paul Brierley, highlighting the Department’s extensive preparedness measures ahead of the planned reopening of the port to livestock trade on August 24. During her visit, Secretary Rollins also announced USDA’s commitment to invest $25 million toward the opening of a new sterile fly dispersal facility in Arizona to strengthen the nation’s long-term response to New World screwworm (NWS)...

ANALYSIS: US Beef Imports from Mexico Maintain Stronger Pace Through Mid-2026

US beef imports from Mexico sustained a notably stronger pace through June and into the early weeks of July, with first-half 2026 volumes running approximately 23% above the same period in 2025. June alone recorded a 39% year-over-year increase, the second highest June volume in the five-year series after 2023.

US Cattlemen’s Association Responds to Phased Border Reopening Announcement

United States Cattlemen’s Association (USCA) is disappointed in USDA’s decision to move forward with reopening the southern border to Mexican cattle while so many unresolved risks remain for the U.S. herd. USCA underscores that border policy must be driven by science‑based risk assessment and on‑the‑ground capacity.

“Any effort to lower beef prices must not come at the expense of U.S. cattle herd health,” said USCA President Justin Tupper. “We’ve been encouraged to rebuild the domestic herd, that it is of utmost importance, and unnecessary exposure to animal...

The Retail Rundown: Buying Opportunities Emerge Beyond Peak Grilling

As summer enters its final stretch, retailers are shifting their focus from peak grilling season to the next major merchandising window: back-to-school, Labor Day, and early fall meal occasions.

Consumers remain focused on value as grocery budgets face pressure, yet they are still willing to spend on proteins that deliver an affordable "restaurant-at-home" experience. 

At the same time, evolving priorities and the increased adoption of GLP-1 medications are reshaping how households plan meals and shop for groceries, with new consumer research showing that health...

Uber Eats Welcomes New Regional Grocery Partners Across the US

Uber Technologies, Inc. (NYSE: UBER) today announced partnerships with several new grocery retailers across the U.S. This expansion brings beloved regional grocery brands to the Uber Eats marketplace, including Busch’s Fresh Food Market, Hays, Lowe’s Market, and Piggly Wiggly—giving consumers another way to shop the local stores they already know and trust for everyday grocery needs.

These partnerships broaden Uber’s nationwide grocery footprint, offering shoppers a convenient way to order everything from weekly grocery stock-ups to last-minute essentials from their favorite neighborhood staples. Consumers can shop from participating stores through the Uber Eats, Uber, and Postmates apps...

Arrest Announced in Livestock Import Case Involving Screwworm Zone

Florida Commissioner of Agriculture Wilton Simpson today announced the arrest of Roger Rodriguez Vega, of Maitland, Florida, who allegedly re-entered Florida with livestock after being denied entry at a Florida agricultural inspection station for failing to provide the veterinary inspection documentation required under Florida’s New World Screwworm emergency protections. The animals, 24 sheep and goats, originated from Texas — a high-risk area subject to Florida's enhanced New World Screwworm import restrictions.

"Florida has taken a proactive and aggressive approach to protecting our livestock, agricultural industry, pets...

Whataburger Taps Experienced QSR Veteran Ryan Moore as Its Next CFO

Whataburger today announced QSR finance veteran Ryan Moore as its next Chief Financial Officer. Moore will join Whataburger July 31, bringing deep restaurant experience to help guide the company's financial strategy as the brand continues to grow.

"Ryan is a proven financial leader with deep experience in the restaurant industry and a strong track record of helping brands navigate periods of meaningful growth," said Whataburger President and CEO Debbie Stroud. "He's a collaborative leader who understands that when you invest wisely in your people...

Rollins Expands Rural Meat Processor Opportunities with Georgia added to Interstate Shipment Program

Today, the U.S. Department of Agriculture Secretary Brooke L. Rollins and the State of Georgia have finalized a Cooperative Interstate Shipment (CIS) agreement, which provides an opportunity for participating state-inspected meat processors to ship their products across state lines. Under the agreement, Georgia may inspect meat products produced in participating establishments for shipment throughout the United States.

“By entering into this agreement, Georgia’s family-owned meat processors will now have the ability to access the same domestic marketplace as everyone else,” said U.S. Secretary...

Maple Leaf Foods Recalls Over 12,000 Pounds of Bacon Imported Without US Reinspection

Maple Leaf Foods Inc. is recalling about 12,036 pounds of not ready-to-eat smoked bacon products after the items were imported into the United States without undergoing required import reinspection, the US Department of Agriculture’s Food Safety and Inspection Service (FSIS) said on Friday.

The recalled products were produced in June by Maple Leaf Foods’ facility in Canada and distributed in the United States through Grocery Outlet distributors and retailers in Idaho, Oregon, and Washington.

The recalled items include 12-ounce vacuum packages of Royale Natural Applewood Smoked All Natural Uncured Bacon and TOP VALU Un

Meijer Becomes First Retailer in Michigan to Accept WIC Benefits for Online Grocery Orders

Continuing its ongoing commitment to serving families and improving access to nutritious foods, Meijer is the first Michigan retailer to now accept Women, Infants, and Children (WIC) benefits for online and app-based purchases, providing a more convenient option for customers to shop for essential groceries across Michigan.

Customers in the state can now use their WIC benefits for orders placed on Meijer.com and the Meijer mobile app, making Meijer the first retailer in the state to offer WIC payment for online and app-based grocery purchases. Previously, Michigan customers could only use WIC benefits in stores...

Hormel Foods Names John Ghingo Next Chief Executive Officer

Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its board of directors has appointed John Ghingo president and chief executive officer, effective Oct. 26, 2026. Ghingo, who has served as president and a member of the Hormel Foods Board of Directors since July 2025, will succeed Jeff Ettinger, interim chief executive officer, and will continue serving on the board.

As president, Ghingo has advanced the company's strategic priorities and helped position Hormel Foods for its next phase of growth and modernization. He brings more than...

Japan Turns to US Pork as Exports Climb 20%

U.S. pork exports to Japan have rebounded impressively this year. According to U.S. Meat Export Federation President and CEO Dan Halstrom, the market has seen challenges such as high energy costs and a weak yen against the U.S. dollar, but some of the value sectors in the market, such as ramen noodle chains and bento box companies, have been increasingly leaning on U.S. pork loin and pork butt.

"U.S. pork exports are really performing well into Japan year-to-date through May. We're up nearly 20% at 160,000...

USDA Border Reopening Drives Deferred Feeder Cattle to Limit Losses 

Chicago Mercantile Exchange feeder cattle futures mostly settled at the daily trading limit on Monday after the US Department of Agriculture announced it would resume Mexican cattle imports.

Live cattle futures also posted steep losses, sending the deferred contracts to multi-month lows on expectations that the border reopening could eventually ease feeder cattle shortages.

The USDA said the reopening will occur in phases, with the Douglas, Arizona, port of entry becoming the first to accept cattle, followed later by two ports in New Mexico. The move marks the first...

PF Chang’s Promotes Patrick Benson to Lead New Marketing Communications Function

PF Chang’s has promoted Patrick Benson to director of marketing communications, a newly created leadership role that signals the launch of the brand’s dedicated marketing communications function.

The move comes as the restaurant chain continues to invest in a more modern and integrated marketing organization following what it described as one of its strongest years in both cultural relevance and commercial performance.

In his new role, Benson will oversee public relations, corporate communications, influencer strategy, and social media, with a focus on building integrated communications...

Cracker Barrel Names David Deno as Next CEO

Cracker Barrel Old Country Store has appointed David Deno as its next chief executive officer, with the leadership change set to take effect on Aug. 10, 2026. Deno will also join the company’s board of directors on the same date.

He will succeed Julie Masino, who is stepping down as CEO and board member effective Aug. 10. Masino will remain with the company in an advisory role through Oct. 9, 2026, to support the transition.

The company said the appointment follows a broad succession planning and search...

US Dairy Industry Builds Momentum Through Herd Expansion and New Capacity

The latest USDA cattle inventory and milk production reports confirm an expansion trend underway across the US dairy sector. Milk cow numbers are at 30-year highs and have been steadily increasing throughout much of the year, reflecting strong producer confidence and a strategic push by dairy farms to expand capacity ahead of additional processing demand coming online.

As of July 1, 2026, US milk cow numbers reached 9.65 million head, an increase of 2.1% from last year. This follows a steady upward trend in dairy cow numbers, with producers growing herds...

Feeder Cattle Futures Drop as Border Reopening Shifts Supply Outlook

Cattle futures on the Chicago Mercantile Exchange came under heavy pressure early Monday after USDA announced it would begin reopening the US border to Mexican cattle imports, introducing the prospect of increased feeder cattle supplies after more than a year of import restrictions tied to New World screwworm.

The announcement overshadowed Friday's closely watched USDA reports, sending live and feeder cattle futures sharply lower at the opening bell and erasing the previous session's gains.

While the phased reopening is expected to gradually improve feeder cattle availability, the rollout is expected...

C&S Wholesale Grocers Lowers Prices on Thousands of Items Across Midwest Hometown Grocery Stores

C&S Wholesale Grocers, LLC (C&S) has lowered prices on thousands of groceries throughout its hometown grocery stores — including Family Fare^®, VG's^® Grocery, Martin's™ Super Markets and Piggly Wiggly^® — offering additional value to shoppers on the items they want the most throughout the summer. The "New Lower Prices" are 6% to 15% less than the original prices and support customers in stretching their dollar across the Midwest, including stores in Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota and...

Commissioner Sid Miller Statement on Resumption of Cattle Importation from Mexico

Texas Agriculture Commissioner Sid Miller today [July 24, 2026] praised the decision to allow a limited resumption of cattle importation from Mexico but expressed continued concern about the ongoing disruption to the U.S. cattle industry due to the New World screwworm.

The following statement may be attributed to Commissioner Miller:

“Resuming cattle importation from Mexico is the right move for ranchers and American consumers, but it's a decision that should have been made sooner. While I'm pleased to see this important trade relationship restored, the prolonged closure has...

Meat Institute Issues Statement on USDA’s Decision to Resume Imports of Mexican Cattle

The Meat Institute today [Juy 24, 2026] released the following statement about the US Department of Agriculture’s (USDA) plans to resume imports of Mexican cattle following an outbreak of New World Screwworm:

“USDA Secretary Brooke Rollins has provided steady, science-driven leadership by pairing innovative dispersal of sterile flies and significant federal investment to protect the U.S. livestock and poultry industry,” said Meat Institute President and CEO Julie Anna Potts. “We support a careful, phased reopening of the border that reflects both vigilance and confidence in our...

USDA Announces Phased Reopening of Southern Ports for Livestock Trade

The U.S. Department of Agriculture (USDA) is announcing a coordinated, phased reopening of southern cattle ports, contingent on Mexico’s adherence to the Joint Action Plan. Beginning August 24, 2026, USDA will open the Douglas, AZ port of entry to cattle trade, while simultaneously initiating the operational steps necessary for subsequent openings at the Santa Teresa, NM, and Columbus, NM, ports. Every animal entering the United States through these ports will undergo a full USDA inspection to ensure it is free of any signs of New World screwworm (NWS).

“Protecting the United States from NWS and pushing this pest out of Mexico and back to the Darien Gap is a top...

NCBA Statement on Reopening of First Port of Entry in Arizona

Today [July 24, 2026], the National Cattlemen’s Beef Association (NCBA) released a statement in response to the U.S. Department of Agriculture (USDA) announcement that they will be reopening the port of entry at Douglas, Ariz. to shipments of cattle in 30 days. This is the first part of a phased reopening that will include ports of ‌entry in Columbus and Santa Teresa, N.M. in the second phase, after further biosecurity assessments.

“Secretary Rollins and her team at USDA have been fighting the spread of New World screwworm with an aggressive five-point plan and comprehensive response playbook. Their work – along with the diligence of cattle producers in border states...

Expana's Weekly Top 10

Corporate expansion, trade policy and supply chain resilience are on the menu in this week's roundup.
Our top stories examine Intersnack's entry into the US snack market through its acquisition of Utz Brands, Pampa Energía's landmark fertilizer investment, and new US tariffs that could alter global seafood trade. Rounding out the list are insights into potential Panama Canal shipping constraints, proposed EU climate policy changes and sourcing strategies from Lipari Foods.

Corporate Moves: Investments & M&A

10. Intersnack will buy Utz Brands for $2.9 billion and take the company private in a 50/50...

Middle East Market Intelligence Brief: Week Ending July 24, 2026

Yemen's Iran-backed Houthis imposed a naval blockade on Saudi Arabia, opening a new front in the US-Iran war and threatening global energy supplies via the Bab el-Mandeb, a key oil shipping route.

The move, described as retaliation against Saudi Arabia, came as mediators proposed a 10-day ceasefire between Washington and Tehran.

Tensions escalated after the Houthis claimed missile and drone attacks on two Saudi oil tankers in the Red Sea. President Donald Trump vowed to hold Iran responsible for any future Houthi attacks, threatening "major military punishment"

HF Foods Expands into Canada with $35M Acquisition of Searay Foods

HF Foods Group Inc., a distributor of international foodservice solutions to Asian restaurants and other businesses across the United States, has entered into a definitive agreement to acquire Searay Foods Inc., including Morgan Foods Inc. and Searay Foods USA Inc. for approximately CAD$47.9 million (about US$35 million based on current exchange rates).

Announced July 23, the acquisition marks HF Foods' first expansion outside the United States and its entry into the Canadian market.

British Columbia-based Searay is an importer and distributor of ethnic...

ANALYSIS: US 2026 Live Cattle Rally Loses Steam, Steer Prices Fall Nearly 10% from Record Highs

The USDA Five Area Direct Live Steer Price has experienced a notable pullback in recent weeks after reaching record highs earlier in 2026. Prices climbed steadily from approximately $2.32/lb in early January to a peak of $2.63/lb during the week of May 18, reflecting historically tight cattle supplies and strong demand for fed cattle. Since that peak, however, the market has trended lower, falling to $2.38/lb by the week...

Seven & i Names Mauricio Leyva CEO of 7-Eleven's North American Business

Seven & i Holdings Co., Ltd. has appointed Mauricio Leyva as Chief Executive Officer (CEO) of 7-Eleven, Inc. (SEI), the company's North American convenience store business, effective Aug 1, 2026.

Leyva will oversee the next phase of growth for SEI, partnering with the leadership team to enhance the customer experience, strengthen the company's store network, advance operational excellence and innovation, and drive sustainable, profitable growth.

A consumer products executive with more than 20 years of industry experience, Leyva most recently served as group...

US Beef, Pork Featured During “Battle of Giants” Promotion in Guatemala

A prominent steakhouse chain specializing in premium, wood-fired steaks and authentic local cuisine in Guatemala City added three new U.S. red meat items to its menu this summer. U.S. beef tomahawk steaks, U.S. pork chops and riblets are featured items during the chain’s summer promotion Lucha de Gigantes (Battle of Giants).

“This promotion is part of our Restaurant Growth Lab program in the region,” explains USMEF Central America Representative Lucia Ruano. “We’ve developed a training program for restaurants to demonstrate how the strategic incorporation of U.S. red meats...

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...

Farmers Applaud Progress to Help Struggling Farm Economy

American Farm Bureau Federation President Zippy Duvall commented today on House passage of a budget framework that includes market relief for farmers.

“We applaud members of the House of Representatives for recognizing the economic toll facing farm country and advancing farm aid as part of their reconciliation package. High production costs and weak commodity prices are expected to drive billions in losses across row crops in 2027, with additional losses facing specialty crop, alfalfa and sugar producers.

“Our attention now turns to the Senate where we hope to not only pass the market relief but also work in a bipartisan...

Albertsons Sales Pressured in Q1 as Digital and Pharmacy Growth Offset Softer Consumer Demand

Albertsons Companies reported a slight increase in net sales and other revenue at $24,941.6 million for the first quarter of fiscal 2026, up 0.2% from the same period last year, as growth in fuel sales, pharmacy and digital helped offset weaker grocery trends.

For the 16 weeks ended June 20, 2026, the US grocery chain posted net income of approximatly $85 million, or $0.17 per share, while adjusted net income reached just over $210 million, or $0.42 per...

Visit Orlando's Magical Dining, Presented by Orlando Health, Returns Aug. 14 with 188 Restaurants

Visit Orlando's Magical Dining, presented by Orlando Health, returns Aug. 14-Sept. 30 for its 21st year with a record 188 participating restaurants, including 38 new and 16 MICHELIN Guide-recognized establishments. Restaurants will offer three-course, prix-fixe menus for $40 or $60, plus tax and gratuity. Menus are now live on OrlandoMagicalDining.com.

New additions include the program's first Michelin-starred restaurant, ÔMO by Jônt; two options at Universal Helios Grand Hotel; live entertainment...

Portillo’s Appoints Christopher Hansen as Executive Chef and Senior Director of Culinary Innovation

Portillo’s, the fast-casual restaurant brand known for its menu of Chicago-style favorites and unmatched guest experience, today announced the appointment of Chef Christopher Hansen as its Executive Chef and Senior Director of Culinary Innovation, overseeing all aspects of culinary strategy and menu innovation. Chef Hansen has served in culinary leadership roles for more than three decades, most recently leading the U.S. culinary business at fast-casual concept Guzman y Gomez.

“Christopher brings a rare combination of culinary creativity, commercial discipline...

Fogo de Chão Announces CFO Succession Plan with Daniel Duran Assuming Chief Financial Officer Role

Fogo de Chão, founded in southern Brazil in 1979 and now operating 122 restaurants globally, today announced the planned succession of its Chief Financial Officer. Effective July 20, 2026, Daniel Duran will assume the role of Chief Financial Officer, succeeding Tony Laday, whose retirement was announced in April following more than 12 years with the company. Laday will remain with Fogo in an advisory capacity for a period to support a seamless leadership transition.

Daniel most recently served...

ANALYSIS: Import Ban Keeps US Feeder Supplies Tight Despite Slower NWS Spreade

According to SENASICA data compiled by Expana, active New World Screwworm (NWS) cases in Mexico declined to 1,913 this week, down 5.3% from the previous report. Of the total active cases, 868 have been confirmed in cattle. While the outbreak remains near historically elevated levels, recent weekly changes continue to indicate a slower pace than the rapid expansion observed during the second quarter. The first confirmed case in Chihuahua remains the northernmost detection, extending the outbreak into Mexico's leading feeder cattle-exporting state prior to...

ANALYSIS: China Confirms Brazil Hits 80% of Its 2026 Beef Safeguard Quota

China’s Ministry of Commerce (MOFCOM) announced that Brazil had utilized 80% of its 2026 beef import safeguard quota as of July 21, equivalent to 884,800 metric tons (MT) of its annual 1.106 million MT allocation.

 The confirmation aligns with market expectations, especially after shipments to China accelerated over the last months amid rapid quota fulfilling. The 50% milestone was hit earlier this year on May 9.

Participants already anticipate that volumes currently in transit will...

ANALYSIS: Australia's Korean Beef Safeguard Quota Hits 100% in Record 202 Days

The preferential trade window for Australian beef in Korea has officially closed for the year.

According to Korea Customs Service data announced today, the 196,050 metric ton (MT) Korea-Australia Free Trade Agreement (KAFTA) safeguard quota reached 100% exhaustion on July 21, 2026. The quota was filled in just 202 days, compared to 255 days in 2025.

Upon exhaustion of the quota, a 24% out-of-quota safeguard tariff applies to all new entries for the remainder of the calendar...

Meat Institute Supports Federal Packaging Transparency Legislation

The Meat Institute today announced support for the Recycled Materials Attribution Act (RMAA) and the Packaging and Claims Knowledge (PACK) Act, bipartisan legislation that establishes clear, consistent national standards for recycled content and environmental marketing claims. The bills were debated today during a hearing of the U.S. House Energy and Commerce’s Subcommittee on Commerce, Manufacturing, and Trade.

"The meat and poultry industry depends on packaging that protects food safety, maintains product quality, and reduces food waste," said Julie Anna Potts, President and CEO of the Meat Institute. "The RMAA and PACK Act would...

US Pork Featured for Thousands of Grilling Enthusiasts at Festival in Mexico

The largest grilling festival in west-central Mexico was the perfect opportunity to introduce a variety of US pork cuts for the grill.

The popularity of a family-oriented festival in the Bajio region of Mexico demonstrated the growth of a grilling culture that is developing throughout the country. The city of León, Guanajuato, recently hosted Humo y Parrilla Fest, a family-oriented culinary gathering that celebrates "carne asada" (grilled meat). More than 8,000 visitors attended over two days, enjoying live music, food sampling and live cooking demonstrations...

Del Taco Named #1 Fast Food Restaurant in USA Today's 2026 10Best Reader's Choice Awards

Del Taco, the nation’s second-largest Mexican quick service restaurant*, has once again received top honors in USA TODAY's 2026 10Best Reader's Choice Awards, earning #1 Fast Food Restaurant and #1 Fast Food Fries. This marks Del Taco's second straight year being voted the nation's Best Fast Food Restaurant and the third consecutive year capturing the top spot for Best Fast Food Fries, further reinforcing the brand’s reputation as a nationwide fan favorite. Complementing the two ...

Study Finds Reinstating mCOOL Would Cost Consumers & Meat Supply Chain More Than $1 Billion Annually

The Meat Institute today announced a new economic analysis by Decision Innovation Solutions finds that reinstating Mandatory Country of Origin Labeling (mCOOL) for beef and pork would impose significant costs, more than $1 billion annually, across the U.S. meat supply chain, increasing expenses for livestock producers, meat processors, retailers, and consumers while providing little evidence of increased consumer demand for labeled products.

“This study proves there are real and significant costs to mCOOL which would raise the price of meat for...

ANALYSIS: New Zealand's H1 2026 Beef Exports Recover from Seven-Year Low, Up 6.3% YOY

New Zealand's H1 2026 beef exports recovered to 282,104 MT, up 6.3% YOY, recovering from 2025's seven-year first-half low, according to the latest Stats NZ data.

The 75-year low US cattle herd drove YTD exports to the US to 131,423 MT, pushing US market share to 46.6%, the highest on record. May's 27,971 MT to the US was the highest monthly export volume ever recorded to a single market in the data series...

ANALYSIS: China’s H1 2026 Beef Imports Hit Record 1.53M MT Amid Safeguard Front-Loading

China's beef imports reached a fresh record of 1,530,561 metric tons (MT) through June 2026, according to the latest data from the General Administration of Customs of China (GACC), surpassing the previous H1 high set in 2024 and landing 17.5% above the same period last year.

But the headline figure tells only part of the story.

Behind the record lies a deeply polarized market, one engineered by Beijing's new beef safeguard mechanism, announced by the Ministry...

The Retail Rundown: Consumers Redefine Value Across the Meat Case This Summer

With the summer grilling season in full swing, the protein case reflects more than shifting prices. The latest Circana retail data shows consumers continuing to prioritize value, but what defines value varies by protein category as supply dynamics, promotional strategies, and purchasing behavior evolve. 

Beef Leads the Meat Department Despite Premium Pricing

Beef remains the largest protein category by total weekly sales, generating $191.5 million last week—nearly 58% more than eggs and almost 77% higher than chicken. Average retail pricing reflects continued supply constraints, with an...

Brett Doyle Sworn In as USITC Commissioner, Bringing USTR and Capitol Hill Experience

Brett Doyle, a Republican from Connecticut, was sworn in as a Commissioner of the US International Trade Commission (USITC), the agency announced Monday. He was nominated by President Trump on January 29, 2026, and confirmed by the US Senate on July 16, 2026. His term will expire December 16, 2030. 

The USITC is responsible for investigating imports alleged to injure domestic industries or violate US intellectual property rights. According to the agency, it provides independent analysis on tariffs, trade and...

SCREWWORMS: Harder Announces New Bill to Protect Valley Livestock from Flesh-Eating Maggots

Today, Rep. Josh Harder (CA-09) announced new bipartisan legislation to protect Valley livestock and agriculture communities from a growing outbreak of flesh-eating insects. Harder’s Protecting America’s Herds Act invests in early detection and prevention of New World Screwworm flies to control the outbreak and ultimately keep these parasites out of the Valley.

Parasitic swarms just broke into the US, and they’re headed for the Valley:

• Screwworm flies have been eradicated in the U.S. since the 1960s, but just last month new cases were detected in Texas, and the outbreak has already spread to New Mexico...

El Niño to Impact Trade? Panama Canal Could Suspend Vessel Bookings, Says Bloomberg

As of July 21, operators at the Panama Canal could curtail some vessel booking slots due to water-supply challenges, reported Bloomberg. Previously, Expana's team flagged this possibility during a June 25 webinar, according to Weather & Crop Researcher, James Tyler. Affected commodities could range from corn and soybeans, to fruit, vegetables, seafood, and more.

On July 7, the Panama Canal Authority (ACP) could reduce the maximum authorized vessel draft for its largest locks to 44 feet by...

Yum! Brands Appoints Nai De Leon as Chief People & Culture Officer

Yum! Brands, Inc. today announced that Nai De Leon has been appointed Chief People & Culture Officer, effective November 1, 2026.

As Chief People & Culture Officer, De Leon will lead Yum!'s global People & Culture strategy, overseeing Talent, Leadership Development, Total Rewards, Organizational Effectiveness and People Operations across the company's global business. She will report to Yum! Chief Executive Officer Chris Turner and serve on the Yum! Brands Global Leadership Team.

De Leon joined Yum! Brands in August 2025 as Chief Talent & Centers of Excellence Officer leading the company's...

ANALYSIS: China’s H1 2026 Meat Imports Retreat on Domestic Surplus and Safeguard Walls

China’s total meat imports, including offal, concluded the first half of 2026 on a downward trajectory, according to data from the General Administration of Customs of China (GACC).

Cumulative H1 volumes reached 3,110,000 metric tons (MT). This marks a 3.0% contraction compared to the same six-month period last year. The decline intensifies a multi-year deceleration that began in...

ANALYSIS: Ground Beef Sales, July 4 Week 2025 vs 2026

Total ground beef sales in the eight days leading up to and including July 4 declined 0.7% year over year, falling from $583.9 million in 2025 to $579.6 million in 2026, according to Circana scanner data. However, this modest sales decline masks a significant shift in consumer purchasing patterns, as total distribution volume dropped 8.5% to 376,247 units from 411,200 units. More notably, promotional activity at retail contracted substantially, with discounted sales falling 18.8% from $177.9 million in 2025 to $138.5 million in 2026...

New Resource Helps Farming and Ranching Families Transition to Next Generation

Succession planning is one of the most important conversations farming and ranching families need to have, but those dialogues are often hard to navigate or never even get started. While it is a difficult subject to bring up, the time to plan is now.

The National Cattlemen’s Beef Association (NCBA) is launching a new resource to help start the discussion. The online learning module guides families through the steps of transition and helps them create a succession plan unique to their operation.

“I’ve been through transition discussions with my kids, and I know it’s not comfortable. As a former ag lender, I’ve also seen my community struggle with these conversations...

Domino's Posts 3% Global Retail Sales Growth in Q2

Domino’s Pizza delivered modest sales growth in the second quarter of 2026, with global retail sales, store expansion and order growth helping offset continued consumer demand pressures across the quick-service restaurant sector.

The company reported a 3% growth in its global retail sales, excluding foreign currency impacts, during the period, driven by order growth and continued store expansion despite ongoing pressure on consumer demand.

US same-store sales rose 0.1% in the quarter, while international same-store sales slipped 0.1%, excluding foreign currency...

Gotta Go Fast! Wendy's Brings Sonic the Hedgehog™ Kids' Meal to the US this Summer

To celebrate the 35th anniversary of Sonic the Hedgehog, Wendy's® is bringing fans a collectible Kids' Meal experience featuring one of seven collectible character card cases, each with a unique set of character cards from the Sonic the Hedgehog universe.

There are 35 trading cards in all to collect across the seven character sets featuring iconic heroes like Sonic the Hedgehog, Amy Rose and Miles "Tails" Prower, alongside faithful allies Silver the Hedgehog and Knuckles the Echidna...