The Retail Rundown: Grocers Turn Up the Heat
Grocers are turning up the heat in this week’s circulars, leaning into classic summer grilling staples—ribs, burgers, and barbecue fixings—signaling early excitement for the season even with Memorial Day still a few weeks away.
Seafood tops this week’s retail protein promotions, claiming roughly 28% of total ad space. Beef follows with 24.7%, trailed by pork at 23.1% and chicken at 20.2%. Turkey ads were slashed by half compared to last week, now accounting for just 3% of circular space.
Retailers are also highlighting festive favorites ahead of Cinco de Mayo. Ground beef in the 78–84% lean range averaged $4.89 per...
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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...
Expana Establishes Advisory Board to Accelerate Growth and Global Impact in the Agrifood Sector
Expana, the world’s leading agrifood-focused Price Reporting Agency and global information provider, today announced the launch of its Advisory Board — a major step in advancing its commercial momentum, industry influence, and global reach.
The newly appointed Advisory Board brings together 12 senior executives from across the agrifood value chain with experience from a wide range of businesses including Tyson, Mars, PepsiCo, Nestle, Bunge, Compass Group, Goldman Sachs, General Mills and many more. This move reinforces Expana’s commitment to empowering businesses...
Tariff Talks 2025: Expana's Weekly Rundown #6
Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #6."
This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...
Smith Packing Recalls Approximately 18,792 Pounds of RTE Sausage and Sliced Meat and Poultry Product
According to an announcement from the US Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), Smith Packing, LLC is recalling approximately 18,792 pounds of ready-to-eat sausage and sliced meat and poultry products due to excessive sodium nitrite levels.
This recall follows an investigation prompted by customer complaints about an off-putting taste and/or discoloration of the product.
The affected items were produced between February 19 and April 24, 2025, bear establishment numbers “EST. 4578”...
HPAI H5N1 Virus in Dairy Cattle – What We Know
In March 2024, Highly Pathogenic Avian Influenza (HPAI) A (H5N1), commonly referred to as bird flu, was confirmed in domestic U.S. livestock for the first time in a dairy operation in Texas. Since then, the virus has spread to 1,047 dairy operations across 17 states, raising widespread uncertainty throughout the dairy and livestock markets. Industry participants have raised concerns about the outbreak's potential impact on consumer perception and demand for dairy and meat products, though government agencies reiterate that the national food supply remains safe. Expana is closely monitoring the situation...
ANALYSIS: US Red Meat Cold Storage Stocks Decline on Coasts MoM
According to the latest USDA cold storage report, boneless beef stocks declined in March compared to February, with the Middle Atlantic region down 6% and the Pacific region down 5%. Both areas serve as key entry points for imported beef, with cold storage typically the first stop after arrival at a port.
Despite the implementation of new tariffs, imported frozen beef remains competitively priced relative to domestic fresh product. This price advantage has influenced cold storage dynamics, as buyers draw down inventories for immediate...
ANALYSIS: Japan’s Q1 2025 Beef Imports Slump 17.5% to 92,915 mt
Japan’s total beef imports in Q1 2025 fell 17.5% year on year (YoY) to 92,915 metric tons (mt), a decline of 19,729 mt, according to the latest data from Japan’s Trade Statistics.
The sharpest drops were recorded from key suppliers including Australia and the United States (US), along with smaller reductions from Canada, New Zealand, and Mexico.
Imports from the US totaled 34,636 mt, down 14.9% YoY, or 6,048 mt on the back of its low cattle herd. Despite its production boom, shipments from Australia also fell...
ANALYSIS: Japan’s Beef Intake Plunges to 23-Year Low as Household Budgets Tighten
Japan's beef consumption dropped to a 23-year low in February 2025, with per capita intake falling to just 134 grams, according to data from the Agriculture & Livestock Industries Corporation (ALIC).
This marks the lowest level since November 2001, driven by inflationary pressures and a continued squeeze in household budgets. The weak yen has exacerbated the situation, pushing up the cost of imports, including food and energy, and fueling broader inflation.
Industry sources have long commented that budget-conscious consumers are turning to...
Sysco Corporation Delivers Q3 Financial Results
Sysco Corporation released its financial results for the third quarter of its fiscal year, highlighting some growth despite a challenging operating environment. Unfavorable foreign exchange movements, disruptive weather events, wildfires, and softening consumer confidence have all impacted results for the period.
Total Sysco
Sysco Corporation reported a 1.1% increase in sales for the third quarter, despite a 2.0% decline in U.S. Foodservice volume. Gross profit edged down 0.8% to $3.6 billion, while operating income fell 5.7% to $681 million. Adjusted operating income declined 3.3% to $773...
US Agriculture Secretary Brooke Rollins Announces Major Win for Texas Farmers and Ranchers in Water Negotiations with Mexico
U.S. Secretary of Agriculture Brooke Rollins announces a major win for American agriculture by securing the agreement of the Mexican government to meet the current water needs of farmers and ranchers in Texas as part of the 1944 Water Treaty. The Mexican government committed to transfer water from international reservoirs and increase the U.S. share of the flow in six of Mexico’s Rio Grande tributaries through the end of the current five-year water cycle...
Employers: Croatian Agriculture Is Uncompetitive, Overindebted and Unproductive
Croatian agriculture is uncompetitive, heavily indebted and unproductive, the Association of the Food Industry and Agriculture of the Croatian Employers' Association (HUP) warned on Monday.
"Croatian agriculture is uncompetitive, heavily indebted and unproductive. We all profess our commitment to production and increasing output, but unless we acknowledge where we currently stand and why we are in this position, Croatia will not make the necessary strides forward and will, in the long term, be forced to depend on food imports for its citizens and on raw materials for the food industry," the employers said.
Dollar Tree Names New Chief Supply Chain Officer
Dollar Tree, Inc. has announced the retirement of Chief Supply Chain Officer Mike Kindy, who joined the company in May 2023.
“From overseeing complex distribution networks to modernizing our supply chain strategy, his contributions have been instrumental in positioning our company for long-term success. We are grateful for Mike’s service and wish him all the best in his upcoming retirement,” said Mike Creedon, the company's Chief Executive Officer.
Kindy will be succeeded immediately by Roxanne Weng.
Weng brings over 30 years of experience in the retail industry...
Australian Meat Industry Welcomes New and Expanded Access to China
The Australian Meat Industry Council (AMIC) welcomes new approvals for seventeen Australian sheep, lamb and goat export establishments to access the China market. This outcome is a significant win for Australian sheep, lamb and goat processing and export businesses that will have benefits across the red meat supply chain.
The approvals published by the General Administration of Customs China include access for chilled and frozen sheep and goat meat, and includes new access for ten establishments, and expanded access for new product categories for seven establishments...
ACC Central Kitchen LLC Recalls 64,008 Pounds of Pork Product
According to an announcement from the US Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), ACC Central Kitchen LLC is recalling approximately 64,008 pounds of pork bun products due to it containing an undeclared, known allergen, sesame.
The issue was identified during a routine FSIS inspection, when personnel observed that sesame, an ingredient used in the pork buns, was not declared on the product label.
The affected products are frozen and not ready-to-eat. They are packaged in 8.45-oz. sleeve tray packages labeled...
ANALYSIS: New Zealand’s Q1 2025 Beef Exports Rises 1.3% YoY to 134,240 mt
New Zealand’s beef exports in the first quarter of 2025 rose 1.3% year-on-year (YoY) to 134,240 metric tons, according to the latest data from Stats NZ.
Stronger volumes to key markets including the United States, Canada, Korea, Taiwan, and the United Kingdom supported the quarterly gain. Exports to China and Japan pulled back, but total shipments still edged up by 1,781 mt.
In the first quarter of 2025, the US cemented its position as New Zealand’s top beef market, taking...
Red Robin Gourmet Burgers Announces Leadership Transition
Red Robin Gourmet Burgers has announced the resignation of its President and Chief Executive Officer, G.J. Hart, after more than five years of leadership at the company.
During his tenure, Mr. Hart implemented key initiatives that significantly enhanced the guest experience and repositioned Red Robin as an operations-focused brand.
Effective immediately, David A. Pace will succeed Mr. Hart as President and CEO.
To ensure a smooth transition, Mr. Hart will continue to serve in an advisory role through September.
Pace, current Chairman of the...
ANALYSIS: US Pork Production Trails 2024 Amid Herd Contraction, Disease, and Export Uncertainty
Year-to-date (YTD) total pork production volumes for 2025 are trending 0.4% below 2024, as a shrinking breeding herd and disease outbreaks have contributed to reduced output. The USDA’s latest Hogs and Pigs report revealed a five-year low in both breeding inventory (5.98 million head) and farrowing sows (2.9 million head), directly impacting the number of pigs available for slaughter.
While the market hog inventory stands at 68.5 million head—down just 0.3% year-over-year—this is largely offset by...
Mother’s Day Wishes Revealed According to OpenTable Research
Mother’s Day is meant to be a time of pampering and appreciation, but for many moms, the planning still lands on their to-do list.
According to research from OpenTable, 44% of moms say having others make plans to celebrate them is what makes Mother’s Day truly special. Yet, despite this, 39% of moms end up making their own reservations.
It's no wonder nearly 30%, nearly a third, say what they’re most looking forward to is some well-deserved “me time” and a chance...
Chipotle Reports Q1 2025 Revenue Growth Despite Avocado Cost Pressures
California-based chain Chipotle Mexican Grill, Inc. reported its first-quarter results for the period ended March 31, 2025.
First quarter highlights, year over year:
The Retail Rundown: Post-Easter Pause Sets Stage for Protein Push
With Easter now in the rearview, retailers will largely tread water, positioning themselves for a seasonal surge in demand ahead of the start of summer.
Grilling demand is beginning to build toward a Memorial Day crescendo, prompting grocers to build inventory and plan aggressive promotions to jumpstart the season.
But first up is Cinco de Mayo. While it's a smaller holiday, it can still drive foot traffic. Proteins like pork, steak, and chicken are expected to see solid movement as shoppers make tacos, burritos, enchiladas, and other festive fare...
ANALYSIS: China’s Q1 2025 Beef Imports Falls 11.6% YoY to 681,607 mt
China's total beef imports for the first quarter of the 2025 calendar year plunged to 681,607 metric tons (mt), according to the latest data from the General Administration of Customs of China (GACC).
Inbound shipments fell by 11.6% year-on-year (YoY), the 89,662 mt decline was led by reduced volumes from Brazil, Argentina, Bolivia, Uruguay and New Zealand. However, strong volumes from the United States (US) and Australia helped cushion the overall decline.
Supply from South America Slides
Volumes from China’s...
Farm Bureau Calls for Clarity in WOTUS
The American Farm Bureau Federation today asked for changes to the “Waters of the United States” rule to bring it in line with the Sackett v. EPA Supreme Court ruling, which called for more clarity in water regulations. AFBF submitted comments in response to the Environmental Protection Agency’s request for recommendations.
“Considering drains, ditches, stock ponds, impoundments, irrigation ditches, and low spots in farm fields and pastures as jurisdictional ‘waters’ opens the door to regulation of ordinary farming activities that move dirt or apply products to...
Young American Food Brands Acquires Best Provision Co., Expanding Premium Meat Offerings
Young American Food Brands has announced its fourth acquisition since 2022 with the purchase of Best Provision Co., an 87-year-old pioneer in premium smoked and cooked meats.
Since 2022, Young American has steadily expanded its portfolio with the acquisitions of Hofmann Sausage, Brooklyn Burger, and Devault Foods. The addition of Best Provision further strengthens the company’s position in the premium meat category, particularly in the fully cooked and smoked segment.
A respected industry leader with deep roots in the community...
Baldor Specialty Foods Acquires Golden Packing, Launches Golden Meat Co.
Baldor Specialty Foods announced today the acquisition of Golden Packing, a premium meat company based in the Hunts Point Cooperative Market. As part of the acquisition, the business will operate under a new name: Golden Meat Co.
This strategic move aims to vertically integrate Baldor’s meat processing operations by combining its high-end sourcing capabilities with Golden’s expert butchering—all while preserving the brand’s established reputation for quality.
With this acquisition, Baldor expands its portfolio of premium, portioned meats, offering chef customers enhanced labor savings and...
FSIS Issues Public Health Alert for Pork Carnitas Products
The U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) has issued a public health alert on behalf of Cargill Meat Solutions.
The alert follows a routine inspection that revealed equipment damage, raising concerns that pork carnitas products may be contaminated with metal fragments.
The potentially affected items were produced between April 1 and April 2, 2025, bear establishment number “EST. 46049” within the USDA mark of inspection, and were distributed to Aldi supermarkets nationwide.
These products are sold in 16-ounce...
Exclusive International Trade Centre Interview: Implications of Trump’s Tariff Regime
Julia Spies is the Chief of Trade and Market Intelligence for the International Trade Centre (ITC) in Switzerland. Spies and team analyze trade information and publish findings about market-specific trade intelligence on multiple online platforms, like Tradebriefs.intracen.org.
Recent shifts in the world of trade, including the latest round of United States tariffs and trade measures by other countries, has kept Spies and company busy, to say the least.
However, ITC members have watched trade measures, and in particular their impact on developing countries, long before these recent changes...
ANALYSIS: Korea’s Q1 2025 Beef Imports Grow 2.7% Y-o-Y to 142,015 mt
Korea’s beef imports in the first quarter of 2025 totaled 142,015 metric tons (mt), rising a modest 2.7% year-on-year (YoY), according to the latest data from Korea Customs Service.
The 3,792 mt increase was driven by higher in-bound shipments from Australia and Canada, while volumes from the United States (US) and New Zealand declined. Australian exports climbed early in 2025 as importers front-loaded in-quota volumes on the back of of an early trigger of the 2024 safeguard threshold...
Tariff Talks 2025: Expana's Weekly Rundown #5
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #5."
Walmart Opens New Distribution Center in Florida
Walmart cut the ribbon on its newest distribution center. The facility is located at 1511 Zoo Parkway in Jacksonville, Florida. It will receive and process items for delivery to 18 Sam's Club locations across Florida, Georgia, South Carolina and 7 other clubs in Puerto Rico. It was will also store and sort imported goods for delivery to four distribution centers across the Southeast.
“Jacksonville is continuing to build its reputation as a logistics hub and the place to be to reach customers throughout the Southeast...
ANALYSIS: Trade Tensions Reshape Pork Feet Market Dynamics
The current tariff structure between the US and China continues to weigh heavily on US pork exports—particularly variety meats like front and hind feet, which have traditionally found supportive demand from China due to active interest and limited US domestic buying. However, retaliatory measures have made access more restrictive. As of April 2025, China maintains retaliatory tariffs on US pork totaling around 84%, following US tariff increases on Chinese goods to 145%. These duties sharply reduce US pork’s competitiveness in the Chinese market...
ANALYSIS: US Pork Exports Face Global Headwinds According to Latest USDA Report
Total US pork exports in February were down 2% from January and 4.8% year-over-year (YoY), totaling 565.2 million pounds. While strong demand in Mexico and Central America persisted, this was countered by weaker volumes to Japan and South Korea. Exports to China, while 17.4% higher than February 2024, were down 10.9% from January 2025. This decline is partly attributed to seasonal factors, ongoing political challenges, and uncertainty surrounding plant eligibility for export, which hadn't been resolved until mid-March...
ANALYSIS: Mexico Feeder Cattle Exports Show Recovery by March 2025
Mexico’s feeder cattle exports to the United States faced a significant disruption after the New World screwworm was detected in November 2024, prompting a trade suspension. Exports resumed in February 2025 through limited ports under strict inspection protocols, starting with San Jeronimo, Chihuahua, and Agua Prieta, Sonora, via the Santa Teresa and Douglas ports of entry. By March 2025, Nogales became the fourth operational port, while other ports are still awaiting authorization to install inspection pens.
As of March 31, 2025, exports reached 75,157 head...
Campbell’s Announces Key Leadership Changes to Drive Growth in Snack Division
The Campbell’s Company has announced the resignation of Chris Foley, a longtime company veteran and President of the Snacks division.
Effective May 12, 2025, Foley will be succeeded by Elizabeth Duggan, who will lead the continued growth and margin expansion of Campbell’s Snacks business.
Duggan joined Campbell’s in 2019 as Senior Vice President of the Transformation Office. In 2022, she was appointed Senior Vice President and General Manager of Campbell’s Canadian business, where she delivered strong revenue and earnings growth...
Kroger Appoints Key Retail Leaders
Kroger appointed Joe Kelley, president of the Colorado-based King Soopers & City Markets division, to be senior vice president of Retail Divisions. Kelley is an industry veteran of nearly 40 years. He has held a number of executive leadership roles across a variety of retailers, including Price Chopper, Stop and Shop, Star Market, and Shaws Supermarkets. Kelley joined the Kroger enterprise in 2019.
"Joe is a customer-centric leader who brings broad industry experience, with a strong track record of making stores great places to shop," said Ron Sargent, Chairman and...
ANALYSIS: US 2025 Ribeye Prices Surge Into Easter
As Easter weekend approaches, boneless ribeye’s remain a central focus in the boxed beef market. Strong seasonal interest has pushed prices significantly higher, from late February lows of $9.41/lb to $13.10/lb in early April, roughly a 39% increase.
Ribeye’s are traditionally featured as a holiday centerpiece by both retail and foodservice sectors, fueling a surge in buying activity leading up to Easter. This seasonal demand, combined with tightening supplies, has been a key driver behind the recent price rally...
Expana’s WFA Opens Applications for 2025 Mentorship Programme to Support Women in Agrifood
Expana’s Women in Food and Agriculture (WFA) initiative has officially opened applications for its annual mentorship programme, designed to support and accelerate the careers of women across the agrifood sector.
Now in its fourth year, the program, supported by global animal nutrition and biotechnology company Alltech, connects women in the industry with experienced mentors of any gender. Since its launch in 2021, WFA has successfully matched more than 1,500 professionals, creating meaningful relationships that foster career growth and leadership development in...
The Retail Rundown: Protein Adds to Holiday Price Gains
Easter week has arrived and grocers are tapping into the holiday's spending momentum. But for consumers, Easter dinner is shaping up to be pricier than last year, with many holiday staples seeing year-over-year price increases.
According to Expana’s latest US Easter Index—which tracks price changes in key holiday-related commodities—overall prices rose 11.8% year-over-year, driven largely by higher costs in the protein and bakery categories.
Expana’s Easter Protein Index, which covers lamb, beef, pork, salmon, cod, and eggs...
Joel Yashinsky Appointed Chief Marketing Officer of Burger King US & Canada
Today, Burger King® announced Joel Yashinsky as Chief Marketing Officer for the US & Canada. Yashinsky will build on the brand’s existing Reclaim the Flame plan that was created with the advice and support of Burger King Franchisees.
“We are thrilled to welcome Joel to the Burger King leadership team and the broader BK family,” said Tom Curtis, President of Burger King US & Canada. “Joel joins us at an exciting time for the brand, and brings the ideal mix of strategic marketing...
ANALYSIS: Tariff Escalation Between US and China Fuels Ripple Effects in Brazil–China Beef Trade
The latest round of tariff sanctions has intensified uncertainties in the global beef market. The most recent update saw China announcing an equivalent 125% tariff on US goods in response to the latest tariff increase on Chinese imports, clarified by the White House to be a total of 145%. In the same announcement, President Trump set a 10% baseline tariff for a 90-day period to all countries not engaging in equivalent tariff actions.
While it remains unclear whether beef is...
ANALYSIS: China’s Q1 2025 Meat Imports Slip 2.0% to 1.64M mt on Soft Demand, Trade Rift
China imported a total of 1.64 million metric tons (mt) of meat, including variety meats, in the first quarter of 2025, down 2.0% year-on-year (y-o-y), according to preliminary figures from China’s General Administration of Customs (GACC). The decline reflected deepening trade friction with the United States (US) and ongoing economic headwinds that continue to weigh on import demand.
Industry players also pointed to softer-than-expected consumer demand after the Lunar New Year festivities and increased.
Tariff Talks 2025: Expana's Weekly Rundown #4
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #4."
Red Robin Launches Bottomless Burger Pass to Drive Traffic
In recognition of National Burger Month, Red Robin Gourmet Burgers is introducing a new consumer engagement initiative designed to boost traffic and brand visibility: the Bottomless Burger Pass.
Set to launch April 17 at 9 a.m. MT, the limited-time offering allows guests to purchase a pass online at RedRobin.com/National-Burger-Month, granting them access to one gourmet burger and bottomless side per day throughout May 1–31, for just $20.
A limited number of black-and-gold...
Vietnamese Livestock, Shrimp and Pepper Associations Seeks Trade Solutions with US
On April 10, Vietnam and the US agreed to start negotiations on a reciprocal trade agreement, hours after Washington delayed imposing a 46% tariff on Vietnamese exports.
However, agri-food business associations in Vietnam remain concerned about the future of imported US goods. US exports to Vietnam were valued at $13.1 billion in 2024, according to the United Nations COMTRADE database on international trade.
The US is a key supplier of soybeans, corn, DDGS, and pig breeds to Vietnam. Vietnamese farms import roughly 250 grandparent pigs annually
Pork Shipments Grow 26.6% in March
Surveys by the Brazilian Animal Protein Association (ABPA), based on data from the Foreign Trade Secretariat (Secex), show that Brazilian pork exports (considering all products, both fresh and processed) totaled 116.3 thousand tons in March, a volume 26.6% higher than that shipped in the same month of 2024, with 91.9 thousand tons.
Foreign exchange revenue was even more significant, reaching US$ 278 million, 44.2% higher than the US$ 192.8 million recorded in the same month of the previous year.
In the first quarter of 2025, international...
The Retail Rundown: Easter Momentum Builds
In the final full week of Lent, seafood accounts for 35% of all protein retail promotions, gaining ground on pork, which holds 23% of ad space. Beef promotions slipped to 20%, while chicken has 15%. Lamb and veal promotions, though still minimal, doubled from the previous week, rising to 2% ahead of Easter.
Notably, Easter falls late this year—on April 20—affecting year-over-year (YOY) comparisons. Ham promotions last week were offered at premium price points compared to 2024. Discounted boneless smoked hams averaged...
Pre Brands Introduces Expanded Grass-Fed Selection at BJ's Wholesale Club
Pre Brands has expanded its lineup of "better-for-you" grass-fed steaks, ground beef, and stew meat, now available at BJ's Wholesale Club locations.
Currently, Pre Brands offers its 20 oz two-pack ribeye and 20 oz two-pack New York strip at all BJ’s banners.
The latest expansion introduces three new products: an 18 oz, three-pack of sirloin steaks; 16 oz stew meat; and 90% lean ground beef in a 48 oz, three-pack. This marks a six-fold increase in the availability...
ANALYSIS: Average US Retail Q1 Ground Chuck Price up Y-o-Y; Deeper Discounts Noted
According to the latest data from Circana, the average retail price of ground chuck in the United States for the first quarter of 2025 was $6.17 per pound, a slight increase from $6.09 per pound in Q1 2024. Last year's Q1 price was the second highest of the year, surpassed only by Q2.
However, the average discounted price (the price on sale) for ground chuck in Q1 2025 dropped to $4.81 per pound...
ANALYSIS: Australia’s Q1 2025 Beef Exports Grow 12.7% Y-o-Y to 310,974 mt
Australia’s beef exports rose 12.7% year-on-year (y-o-y) in the first quarter of 2025 to 310,974 metric tons (mt), according to data from the Department of Agriculture, Fisheries, and Forestry (DAFF).
Australia’s beef exports rose by 35,983 mt in Q1 2025, continuing a strong upward trajectory. The growth was underpinned by tightening domestic supply in the United States (US), which created space for Australia’s production to gain ground.
The Oceanic exporter also made inroads in key export markets such...
ANALYSIS: Brazilian Fresh Beef Exports Surged 13.1% M-o-M in March
Brazilian fresh beef exports (chilled or frozen) grew significantly in March, reaching 215,422 metric tons (mt), according to the latest data from Brazil’s Ministry of Development, Industry, Trade, and Services. This is 13.1% higher than February, and accounts for a notable 29.6% Y-o-Y increase.
China remains the top destination for Brazilian beef, contributing with 95,962 mt of the total volume. This represents a modest 3.7% monthly growth and is 18.2% higher compared to the same period last year...
Hormel Foods Announces Resignation of Supply Chain VP Steve Lykken, Appoints Kevin Myers as Interim
Hormel Foods has announced that Steve Lykken, its Group Vice President of Supply Chain, has resigned after 32 years with the company.
In the interim, Kevin Myers, a longtime company veteran, has been appointed as the Group Vice President of Supply Chain.
“We are fortunate to have Kevin, a highly respected and proven leader with deep expertise, stepping into the role of interim group vice president of supply chain. With Kevin at the helm, we remain focused on...
Vertical Cold Storage Acquires Arctic Logistics in Detroit Metro Area
Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, has purchased Arctic Logistics in Canton, MI. The acquisition is the fifth new Vertical Cold facility in the past year, making it the sixth largest cold storage company in North America. Terms were not disclosed.
“This acquisition strengthens our ability to support customers engaged in cross-border trade and adds a critical location to our growing national footprint,” said Jim Henderson, Chief Commercial Officer at...
Johnsonville Recalls 22,672 Pounds of Cheddar Bratwursts
The U.S. Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS) has announced that Johnsonville, LLC is recalling approximately 22,672 pounds of cheddar bratwursts due to potential contamination with hard plastic, following customer complaints.
The affected products were produced on February 5, 2025, and carry establishment number "Est.1647" on the label. These items were shipped to retail locations across Georgia, Indiana, Kansas, Kentucky, Michigan, Minnesota, Ohio, Tennessee, Virginia, and Wisconsin.
The recalled bratwursts are packaged in 19-ounce sealed firm trays, containing...
Asian Markets Plunge as Trump's Global Tariff Turmoil Deepens
Hong Kong (CNN) — Asian markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump's trade war and China's forceful response to unexpectedly high tariffs.
Japan's benchmark Nikkei fell by more than 8% shortly after opening, while the broader Topix index last traded more than 6.5% lower after recovering from its steepest losses.
In mainland China, where markets reopened after a public holiday, the Shanghai Composite Index was last trading 6.7% lower. The blue-chip CSI300 index lost 7.5%. In Hong Kong, the benchmark Hang Seng index...
ANALYSIS:Tariff Concerns Plagued Bone-in Ham Values Throughout the Month of March
Bone-in hams faced ongoing obstacles during the month of March due to the persistent uncertainty surrounding the implementation of tariffs proposed by the Trump administration. This uncertainty stemmed from the potential of retaliatory tariffs imposed by Mexico in response to the proposed tariffs from the United States.
While values for bone-in hams saw an increase of 11.7% during the first two weeks of the month, following an extension of the initially proposed March 4 deadline to April 2, the underlying threat of tariffs remained...
Tariff Talks 2025: Expana's Weekly Rundown #3
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #3."
PODCAST: "Agri-Food for Thought" Ep. 27 - VIV Asia, a Mirror of APAC Market Sentiment?
Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.
On today's episode of Agri-Food for Thought, we discuss market sentiment picked up at VIV Asia 2025, a leading trade show for the feed-to-food industry in Asia. Held from March 12-14 in Bangkok, the event drew top agri-food industry leaders, innovators, and key decision-makers from around the world. It was a showcase for innovation in animal protein production, processing, and...
ANALYSIS: Global Beef Exporters Weigh Impact as US Tariff Kicks in on Apr 5
On the second day of April 2025, President Donald Trump has declared tariffs on the United States (US) trading partners worldwide.
Our global red meat beef team brings you the latest updates from all key exporting countries and the effects on the imported beef market in this analysis piece. In this article, we weigh the impact of the new 10% baseline tariff on US imports, set to take effect from April 5.
Tariffs imposed on the imported lean beef segment can impact...
NCBA Statement on White House Reciprocal Tariff Announcement
Today, National Cattlemen’s Beef Association (NCBA) Senior Vice President of Government Affairs Ethan Lane issued a statement after attending President Donald J. Trump’s reciprocal tariff announcement at the White House:
“For too long, America’s family farmers and ranchers have been mistreated by certain trading partners around the world. President Trump is taking action to address numerous trade barriers that prevent consumers overseas from enjoying high-quality, wholesome American beef. NCBA will continue engaging with the White House to ensure fair treatment for America’s cattle producers around the world...
Hearthside Food Recalls 489,887 Pounds of Misbranded Sausage and Bacon Breakfast Sandwiches
Hearthside Food Solutions is recalling approximately 489,887 pounds of ready-to-eat (RTE) sausage and bacon breakfast sandwiches. According to the USDA's Food Safety and Inspection Service (FSIS), these products are being recalled due to misbranding. The sandwiches contain sesame, a known allergen, which was not listed on the product labels.
Details of the recalled products:
*8.35-oz. individually film wrapped sandwiches of “LETTIERI’S FOOD TO GO Sausage, Egg & Cheese FRENCH TOAST BREAKFAST SANDWICH” with lot codes beginning with the numbers 23, 24 and 25 up to 2508451...
USDA Agricultural Trade Promotion Programs for 2025
The USDA has announced its plans for agricultural trade promotion programs for 2025 and has begun accepting applications for four key export market development programs.
“Our job at USDA is to open new markets for our farmers, ranchers, and producers. The previous administration left agriculture with a $50 billion trade deficit. President Trump and I will not sit idly by - we are actively working to open new markets and remove existing barriers,” said Secretary Rollins. “We are putting farmers first. These programs are a crucial step in...
Australia and New Zealand Red Meat Sectors React to 10% US Tariff
The US announced a new 10% tariff on Australian and New Zealand meat on Wednesday, April 2, putting an end to the countries' free trade agreement.
Australia will seek to negotiate to eliminate the tariff, prime minister Anthony Albanese said after the tariff announcement. "We will not join a race to the bottom that leads to higher prices and slower growth," he said.
Red Meat Advisory Council (RMAC) and the Meat & Livestock Australia (MLA) will be part of the negotiations, both organizations said...
New, Value-added US Red Meat Products Launched in Peru
USMEF partners with Peruvian importer to develop and launch affordable, nutrient-rich products made with U.S. beef liver and U.S. ham
USMEF partnered with USDA’s Foreign Agricultural Service and a Peruvian importer to introduce two U.S. red meat products to media outlets and 70 retailers, processors, caterers and institutional representatives in Lima. A liver burger and liver meatballs were developed with U.S. beef liver and U.S. ham to be affordable, easy-to-prepare meal options rich in iron and protein.
The idea for creating value-added products evolved...
ANALYSIS: US 2025 Tenderloin Prices Climb Ahead of Grilling Season
With grilling season on the horizon, it’s a perfect opportunity to revisit the beef tenderloin, a cut that has faced headwinds for much of the year.
Choice tenderloin monthly price levels have averaged about 10% lower year-over-year when compared with the equivalent month in 2024, reflecting the cost-conscious environment the beef industry has navigated thus far in 2025. Prices hit a seasonal low in February at $12.30/lb, and have since increased nearly 10%, a stronger rebound compared to last year’s modest...
The Retail Rundown: Spring Sizzle Fuels Protein Demand
Spring promotions are in full bloom at retail, with holiday-themed ads ramping up. Circulars showcase produce and snacking items alongside grilling staples, aiming to entice shoppers with vibrant displays and seasonal appeal. Beyond holiday preparations, schools and universities are approaching spring break season, likely driving an uptick in foodservice in the coming weeks.
In some regions, grocers are leveraging hams as loss leaders ahead of Easter. Last week, discounted bone-in ham averaged $2.56 per pound, while spiral-sliced varieties stood at $2.61 per pound—steady to lower than last year’s levels...
PODCAST: Agri-Food for Thought Ep 26 - M&A in the Global Agri-Food Industry, March 2025 Overview
M&A in the global agri-food industry is an ongoing and very regular trend. Although many companies are putting the brakes on M&A as they face tariffs and market uncertainty, hundreds of deals continue to take place each month.
On today's episode of Agri-Food for Thought, we showcase selected mergers and acquisitions in the agri-food sector that took place in March 2025.
Jack in the Box Appoints Lance Tucker as Permanent CEO
Jack in the Box Inc., one of the nation’s largest hamburger chains, has named Lance Tucker its permanent Chief Executive Officer (CEO), effective immediately. Tucker will also join the company’s Board of Directors.
Tucker had been serving as the company's interim CEO following the resignation of Darin Harris in February 2025. Prior to this role, he was Jack in the Box’s Chief Financial Officer.
“Lance brings decades of experience within the restaurant industry as well as a financial mind into the CEO role that is...
Yum! Brands CEO Set to Retire in 2026
Yum! Brands has announced that David Gibbs, the company’s current Chief Executive Officer, will retire after nearly four decades of service. Gibbs, who became CEO in January 2020, has informed the Board of Directors of his intention to retire in the first quarter of 2026.
In preparation for this transition, the Board has formed a succession planning committee tasked with identifying and appointing Gibbs’ successor. Gibbs will remain with the company throughout the search process and until his retirement.
Under Gibbs' leadership, Yum! Brands saw remarkable growth...
ANALYSIS: Lowest February Pork Cold Storage on Record
In February 2025, total pork stocks in cold storage reached 423.1 million pounds, rising 15.9 million pounds (3.9%) from January but still down 35.5 million pounds (-7.75%) from February 2024, marking the lowest February figure with data going back to 1999. This reflects a moderate seasonal rebuild yet continued tightness compared to historical levels.
Total hams increased 4.2 million pounds (5.3%) from January and 13.1 million pounds (18.63%) from last year. Belly stocks rose 6.9 million pounds (16.5%) month-over-month but remain 15.2 million pounds (-23.8%) below...
Jollibee Premieres Its NEW 100% Certified Angus Beef® Burgers
Jollibee has announced the nationwide launch of its new menu items. The global restaurant, renowned for its fried chicken, aims to appeal to meat lovers with its new 100% Certified Angus Beef® burgers: the Angus Cheeseburger, Angus Deluxe Burger, and Angus Aloha Burger.
Jollibee highlights that these new offerings will set a new standard of quality in the quick-service industry, while reinforcing its commitment to value.
"We're confident that our trio of new premium Angus burgers will be...
Idaho Smokehouse Partners Recalls Nearly 30,000 Pounds of Meat Sticks Contaminated with Metal
Today, FSIS announced a recall by Idaho Smokehouse Partners, LLC, a Shelley, Idaho-based company, for approximately 29,541 pounds of ready-to-eat beef stick products that may be contaminated with metal.
The affected items are 1.15-ounce vacuum-sealed packages of “CHOMPS ORIGINAL BEEF STICK MILD,” with an expiration date of 02-10-2026 and lot code 25016 printed on the label. The products also bear the establishment number “6220A” ink-jetted on the package.
These beef sticks were produced...
Applegate Achieves Milestone in Regenerative Sourcing Nine Months Early
Hormel Foods’ natural and organic meat brand, Applegate, announced it has achieved its goal of sourcing 100% of the beef for its hot dog brands from certified regenerative grasslands — nine months ahead of schedule.
As of today, every Applegate Organics® The Great Organic Uncured Beef Hot Dog and Applegate Naturals® Beef Hot Dog is sourced exclusively from verified regenerative farms certified by Regenerative Organic Certification, Land to Market, and Certified Regenerative (endorsed by Certified Humane®).
This achievement has contributed to the transition of...
Tim Hortons® Appoints Naira Saeed as New Chief Operating Officer
Tim Hortons® announced today Naira Saeed as its new Chief Operating Officer (COO), overseeing restaurant and field operations, franchising and development across Canada.
Saeed began her career working in capital markets, including at the Bank of Canada, before joining Tim Hortons in 2017 as the brand’s Head of Finance. In the eight years since, Saeed has led a number of the teams responsible for restaurant operations, franchising and franchisee profitability.
Saeed will continue to report to and work closely with Axel Schwan, President of...
ANALYSIS: UK’s Ongoing Measures Against Bluetongue
The UK government has been actively working to restrain the spread of Bluetongue among its herds, taking measures through restriction zones, pre-movement virus tests and licensing requirements. The latest effort is a vaccination cost calculator tool created by the AHDB on March 18, as part of the Battle Bluetongue vaccination campaign that launched in February 2025. The online tool aims to help farmers and vets make informed decisions about vaccinations by calculating the risk costs of Bluetongue against the monetary benefits of vaccinating...
Kroger Responds to Albertsons’ Lawsuit, Files Counterclaims
Kroger has announced that it has filed its formal answer and counterclaims in response to Albertsons' lawsuit, which was brought before the Delaware Court of Chancery following the termination of the proposed merger.
On December 11, 2024, Albertsons called off its bid to merge with Kroger after a two-year effort, subsequently filing a suit alleging breach of contract in connection with the collapse of the deal.
Today, Kroger issued a statement revealing that it had filed its answer and counterclaims. The company asserts that while it was diligently working to secure regulatory...
ANALYSIS: Argentina Beef Exports Up 7.5% MoM in February, Down 27.5% YoY
Following record volumes in 2024, Argentina’s beef exports declined notably in early 2025. According to the National Institute of Statistics and Census, shipments in February totaled 50,080 metric tons (mt), up 7.2% from January but still 27.5% lower Y-o-Y. The monthly recovery was supported by stronger exports to secondary markets in Europe, such as the Netherlands, Germany, and Italy, as well as to the US and Brazil. Although volumes to China also posted a modest increase, they remained considerably below 2024 levels, continuing...
The Retail Rundown: 20th Power of Meat Report Reveals Record-Breaking Meat Sales
The 2025 Power of Meat Study was unveiled this week at the Annual Meat Conference in Orlando, Florida, where Anne-Marie Roerink, Principal at 210 Analytics, shared key insights into shoppers' evolving meat and poultry purchasing habits. Here are some key takeaways from the study's 20th edition:
Meat sales reach new heights
This year’s report, released by the Meat Institute and The Food Industry Association (FMI), revealed that the meat department set a new sales record in 2024, reaching $105 billion in total...
ANALYSIS: New Zealand’s Feb 2025 Beef Exports Jump 18.2% M-o-M to 46,162 mt
New Zealand’s February 2025 beef exports rose 18.2% month-on-month (m-o-m) to 46,162 metric tons (mt), the latest Stats NZ data showed
Rising by 7,094 mt, higher volumes to key markets such as the United States (US), Japan and Korea boosted growth while outbound tonnage to its second largest destination, China fell due to the observance of the Lunar New Year...
Smithfield Foods Added to Russell 1000 Index
Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes.
The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the...
ANALYSIS: Mexico’s Feeder Cattle Exports Post-Suspension in 2025
Mexico’s feeder cattle exports to the United States in February 2025, after trade resumed, totaled 23,816 head, a sharp decline compared to February 2024’s 110,511 head and February 2023’s 98,906 head, according to recent data..
By mid-March 2025, exports reached 15,023 head, significantly lower than the full-month totals of 135,687 head in March 2024 and 137,001 head in March 2023. With exports still being recorded for the second half of March 2025, volumes may increase, but they are unlikely to approach the levels seen in the previous...
ANALYSIS: US Beef and Veal Exports Hit 52-Week Low in Jan 2025
According to the latest UDSA monthly beef and veal exports summary, US beef exports hit a 52-week low in January sending 104,414 metric tons (mt) of material overseas, which is down 13,000 mt month-over-month from December of 2024 (-11.1%).
The US exported 1.08M mt of beef in 2024, with the majority heading to Korea, Japan and China. As large consumers of beef cuts and boneless beef, much of what the...
USDA Announces New FPAC Leadership to Better Serve Farmers and Ranchers
The U.S. Department of Agriculture (USDA) today announced key presidential appointments to the Farm Production and Conservation (FPAC) mission area. These appointees will lead efforts to advance President Trump’s America First agenda and ensure that farmers, ranchers, and producers have the support they need to keep feeding, fueling, and clothing America.
“FPAC is the most farmer-facing mission area at USDA, housing the Farm Service Agency, the Risk Management Agency, and the Natural Resources Conservation Service—agencies producers rely on every day,” said U.S. Secretary...
Hormel Foods Appoints Jeff Ettinger to Board of Directors
Hormel Foods Corporation, a Fortune 500 global branded food company, announced today that Jeffrey M. Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Hormel Foods Board of Directors, effective March 21, 2025. The Hormel Foundation, an unaffiliated non-profit organization with a charitable mission, beneficially owns approximately 46% of Hormel Foods outstanding common stock. Ettinger previously served on the Hormel Foods Board of Directors and spent nearly three decades with the company, retiring in 2016 after a successful tenure as president and chief executive officer...
ANALYSIS: Easter Lamb Demand Meets Import Challenges
With Easter falling later this year on April 20th, about five weeks away, demand for lamb leg cuts in the US is typically supported. However, imported supply from Australia and New Zealand remains tighter due to several factors.
According to Meat & Livestock Australia (MLA), Australian lamb exports have increased 6% year-over-year, but much of this product is being shipped to China and the United Arab Emirates, reducing availability for the US. Multiple US market contributors that buy imported material have noted limited offers from Australia...
ANALYSIS: China’s Jan-Feb 2025 Beef Imports Drop 11.3% Y-o-Y to 468,465 mt
China's total beef imports for the first two months of the 2025 calendar year slumped to 468,465 metric tons (mt), according to the latest data from the General Administration of Customs of China (GACC).
Dropping by 11.3%, the 59,684 mt was led by lower shipments from Brazil, Argentina, Uruguay, New Zealand, whilst higher volumes from the United States (US) and Australia capped further losses.
Volumes in January 2025 was recorded at 276,540 mt as importers often frontload shipments early...
ANALYSIS: US Pork Exports Decrease in Some Key Markets
Coming off a record-breaking year for US pork exports in 2024, total US export volume for January 2025 saw a slight decrease year-over-year (YoY) in volume of 1.9% to 576,821 K-Lbs. While shipments to Mexico and Central American destinations were higher YoY, January totals for those two regions were lower than that of December 2024 by a margin of 3.5% and 37.1% respectively.
Interestingly, declines were noted for key markets such as Japan (-9.2% MoM and -22.7% YoY) South Korea (-10.3% MoM and...
ANALYSIS: Korea’s Feb 2025 Beef Imports Sink 36.7% MoM to 39,464 mt
Korea’s beef imports in February 2025 totaled 39,464 metric tons (mt), slumping 36.7% month-on-month (MoM), according to the latest data from Korea Customs Service.
Despite the 22,889 mt drop, this trend aligns with historical trends, as imports typically eased after front-loading in-quota shipments with lower tariffs back in January. The Korean New Year, that ran from late January to early February, also shortened the working month, slowing down the pace of imports.
Annually, imports rose 24.7% YoY (7,828 mt), though industry sources suggested this...
Hormel Foods Strengthens Retail Division with Key Executive Promotions
Hormel Foods Corporation has unveiled strategic promotions within its executive team, with a focus on enhancing its leadership in the retail sector.
Scott Weisenbeck has been promoted to Vice President of Marketing – Retail. A key driver in the expansion of the company’s bacon category, Weisenbeck will now oversee a broader portfolio of brands. He has been with Hormel Foods for over 30 years and previously served as Assistant Vice President.
Joe O’Connor has been promoted to Vice President of Emerging Brands – Retail. O’Connor, who joined the company...
Game-Time Promotions Aim to Boost Sales in Foodservice
As the national college basketball championship games sound off, foodservice providers are capitalizing on the excitement with deals designed to drive sales and customer engagement.
Domino’s – The world’s largest pizza chain is offering a 50% discount on all menu-priced pizzas when ordered online. This promotion, valid from March 17 to March 23, includes every pizza on the menu, whether it’s specialty, any size, or any style of crust.
Wendy’s is checking into the tournament season with double dollar deals. Running through Sunday, April 13, customers...
The Retail Rundown: Fresh Buying Opportunities in Bloom
Tomorrow marks the official start of spring, and retailers are seizing fresh opportunities to capture increased spending with occassions like Easter and peak grilling season soon approaching.
However, for some residents, spring still feels distant as a late-season storm sweeps through the Central US today and tomorrow, potentially impacting purchasing and consumption patterns in affected regions.
With roughly a month remaining in Lent, seafood remains a focal point in retail promotions, accounting for 33% of protein advertisements, primarily driven by fresh/frozen fillets as well...
DoorDash and Dollar General Expand SNAP/EBT Access to 16,000+ Stores
DoorDash and Dollar General announced a new offering to bring SNAP/EBT payment capabilities to more than 16,000 of Dollar General’s stores on the DoorDash Marketplace. With the addition of Dollar General, DoorDash’s network of stores that accept SNAP/EBT online payments on the DoorDash Marketplace nearly doubles to over 35,000 stores.
“Unlocking the ability for SNAP/EBT recipients to shop online and have groceries delivered straight to their door through DoorDash provides even more accessibility and convenience,” said Tony Rogers, SVP and...
Domino's Takes 50% Off For Customers Who Order Pizza Online in Latest Promo
News of the latest retail promotion from the world's largest pizza company have circulated. From March 17-23, Domino's is offering customers who order online, 50% of all menu-prices pizzas.
"It's a big week, full of celebrations – the start of college basketball tournaments, St. Patrick's Day and even the first day of spring," said Frank Garrido, Domino's executive vice president – chief restaurant officer. "To top it off, Domino's is offering customers a deal they can't resist. They can choose from any...
ANALYSIS: US Brisket Prices Soften as Seasonal Demand Cools
Brisket prices have eased following the conclusion of peak buying for St. Patrick’s Day corned beef production. Expana’s Benchmark Price for Choice brisket now sits at $3.38/lb, reflecting a 12% decline since the start of 2025. While prices have softened, they remain 6% above the three-year average and 3% higher than this time last year.
The recent price decline can be attributed to a slowdown in demand after the bulk of seasonal purchasing for St. Patrick's Day wrapped up. Additionally, January and February are historically...
Brazil’s Pork, Chicken and Egg Exports Increase in February
Brazilian exports of eggs, pork, and chicken meat recorded significant growth in February, according to data from the Brazilian Animal Protein Association (ABPA).
Egg Exports Rise 57.5%
Brazilian egg exports, including fresh and processed products, totaled 2,527 metric tons in February, a 57.5% increase compared to 1,604 metric tons in the same period last year. Export revenue rose 63.2%, reaching $4.94 million from $3.02 million.
For the first two months of the year, exports reached 4,884 metric tons, marking a 38.2% increase from the 3,535...
Unlocking Market Opportunities: Key Takeaways From Agri-Food Europe 2025
Held from February 26th to 27th at the Okura Hotel in Amsterdam, Expana’s Agri-Food Europe 2025 brought together key stakeholders from global agrifood markets for two days of learning, collaboration and forward-thinking discussions...
With a timely agenda addressing critical issues such as commodity pricing, where markets are headed and emerging agrifood disruptors, the event served as a key gathering for businesses looking to gain a competitive edge. Agri-Food Europe also included market-specific breakouts for categories including animal products, tropical softs, grains, oilseeds, packaging and animal...
ANALYSIS: Uruguay’s Fresh Beef Exports Saw a 10.5% Monthly Increase in February
Uruguay’s fresh beef exports rose 10.5% in February to 34,815 mt, according to the latest report released by the National Customs Directorate. Compared to the same period last year, this figure represents 9.9% growth.
China remained the top destination with 12,306 MT, representing a 3.3% decline from January and a sharp 20.1% Y-o-Y drop. This decline resulted in a contraction in China's share of Uruguay’s total fresh beef exports from 48.6% in February 2024 to 35.3% in February 2025, reflecting a weaker demand...
Dollar General Corporation Reports Fourth Quarter and Fiscal Year Financial Results
Dollar General has reported financial results for the fourth quarter and the 2024 fiscal year.
“We were pleased with the underlying performance of the business in the fourth quarter, including improved execution and solid top-line results,” said Todd Vasos, Dollar General’s chief executive officer. “As we reflect on our full fiscal 2024 year, we believe our Back to Basics work is resonating with customers, as demonstrated by higher customer satisfaction scores and healthy market share gains.”
The company reported net sales...
ANALYSIS: Australia’s Beef Sector on Alert Amid US Tariff Uncertainty
As the United States (US) intensifies its "America First" trade policies, Australia’s beef industry is on high alert. Following the imposition of a 25% tariff on imported aluminum and steel, including from Australia, the industry is now bracing for potential inclusion in the next round of tariffs. With the Australian government's request for an exemption rejected, all eyes are on whether beef will be caught in the crossfire.
The US was Australia’s largest beef export destination in 2024, accounting for more than a quarter of total exports at 26.4%...
ANALYSIS: China's Meat Imports Dip 0.2% YoY in Jan-Feb
China’s combined total meat imports for the month of January and February 2025, including variety meats totaled 1,098,190 metric tons (mt), slipping 0.2% year-on-year (YoY), according to the latest preliminary data from the General Administration of Customs of the People's Republic of China.
The monthly average worked out to be 549,095 mt, edging down 1,363 mt (0.2%) compared to the same period last year. The General Administration of Customs typically releases a combined figure for the first two months of the year...
The Retail Rundown: Grocers Leverage Seasonal Trends; Inflation Update
As temperatures rise across much of the US, grocers are highlighting seasonal offerings for springtime occasions and grilling essentials.
Retailers are refining their marketing strategies to align with shifting demand, appealing to sports fans to boost traffic in the meat department. However, securing lower year-over-year protein prices remains a challenge, as factors like animal disease continue to affect availability across key categories.
The wholesale chicken market is gaining traction with baseball season on the horizon, driving demand for boneless items. Expana reports that buyers are scrambling to secure supply...
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ANALYSIS: EU Retail Egg Prices Level Off, but Remain Elevated