State Lawmakers Suspend Cage-Free Egg Law in Hopes of Bringing Down Soaring Price of Eggs
Back when egg prices remained securely under $2 a dozen in 2021, Nevada joined several other states concerned about animal welfare in requiring cage-free eggs.
Now four years later, a dozen eggs costs an average of nearly $5 in the U.S. because of the lingering bird flu, so Nevada passed a law the governor signed Thursday that will allow the state to suspend that law temporarily in hopes of getting residents some relief at the checkout counter...
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US Foods Reports Strong Fourth-Quarter and Fiscal Year 2024 Results
US Foods has announced its fourth-quarter and fiscal year results, showcasing strong growth and solid profit performance.
Fourth Quarter Highlights
US Foods achieved a 3.5% increase in total case volume in Q4. Net sales rose by 6.2%, reaching $9.5 billion. The company also saw a noteable rise in net income, which climbed to $66 million. Gross profit for the quarter increased by 4.8%, totaling $1.7 billion.
Fiscal Year 2024 Overview
For the full fiscal year 2024, the company reported a 4.2%...
Applebee’s Brings the Big Easy to Your Table with NEW Bourbon Street Cajun Pasta Dishes
Applebee’s is adding new “Bourbon Street Favorites” to its lineup with its NEW Big Easy Menu, featuring two NEW Bourbon Street Cajun Pasta dishes, available for a limited time! Packed with bold New Orleans-inspired flavors, guests can enjoy the NEW Bourbon Street Chicken & Andouille Sausage Penne for $11.99* or the NEW Blackened Shrimp & Andouille Sausage Penne for $13.99*, in addition to fan-favorites including Applebee’s Bourbon Street Chicken & Shrimp Skillet, Bourbon Street Steak, or the Bourbon Street Mushroom Swiss Burger...
First Dual-Branded Applebee’s® | IHOP® Restaurant in the United States Opens in Texas
Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, announced the grand opening of its first dual-brand Applebee’s | IHOP restaurant in the U.S. in partnership with franchisee Ramzi Hakim Group. The new restaurant opened to the public on Tuesday, February 18, 2025, in Seguin, Texas, just outside of San Antonio.
At the dual-branded Applebee’s | IHOP restaurant guests can enjoy all...
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 972 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...
Freddy's Introduces National Steakburger Day with $1 Original Doubles
Freddy's Frozen Custard & Steakburgers® is officially declaring February 24 as National Steakburger Day to celebrate the brand's famous steakburgers. Starting Feb. 14, Freddy's Rewards members will enjoy a variety of in-app rewards as part of an ongoing celebration. The promotion culminates on February 24 with an in-app offer for a $1 Freddy's Original Double.
First-time guests often ask, 'What makes a Freddy's steakburger special?' Freddy's starts with premium, lean ground beef pressed thin and seared on a flat-top grill to create deliciously crispy...
ANALYSIS: Record US Pork Exports Fuel 2024 Growth
The latest USDA data released on February 6th shows US pork exports reaching a five-year monthly high in volume, which has exceeded volumes compared to the previous five years.
December 2024 exports totaled 292,935.3 metric tons (MT), a slight increase of 0.4% over November and 0.3% year-over-year. This capped off a year exceeding the previous five-year average by 6.5% and marking the highest annual export volume in five years.
Export volumes surpassed 2023 levels in mid-June and...
2024 Exports Reveal Record-Breaking Year
Each day, I work with strategic partners and my team at the National Pork Board (NPB) to serve America’s 60,000 producers by adding value to every part of the pig, domestically and internationally. Today, I’m fired up to celebrate the record-breaking 2024 year-end pork export data released last week, indicating a volume of 3.03 million metric tons (+4% YoY) valued at $8.63 billion (+6%YoY).
2024 Year-End Data
Let’s look at some key highlights sourced directly from U.S. Meat Export Federation (USMEF):
ANALYSIS: US Beef Impacts if 25% Tariff on Canada Resumes
On Monday, February 3, President Trump announced the postponement of a 25% tariff on Canadian goods, with the possibility of reinstating it in 30 days. This delay comes amid ongoing discussions and underscores the importance of Canada's longstanding trade relationship with the United States (US). Now, universal tariffs are under consideration for future trade action. Canada remains one of the US's largest trading partners, with trade agreements spanning decades, including the Canada-US Free Trade Agreement and the United States-Mexico-Canada Agreement (USMCA).
Beef and live cattle...
ANALYSIS: US 2025 Coarse Ground 73% Sees Spike & February Pullback
Coarse ground 73% has experienced significant price volatility so far in 2025. The past few weeks have seen sharp fluctuations, with prices starting at $2.35/lb in early January before surging to $3.07/lb in just two weeks, a 31% increase, surpassing year-ago levels by 5%, according to Expana’s Benchmark Pricing. This spike was largely driven by a combination of increased demand ahead of the Super Bowl and tightened supplies of lean material.
Historically, this type of price movement is not uncommon for coarse ground...
ANALYSIS: New Zealand’s 2024 Total Cattle Slaughter Falls to 6-Year Lows at 2.63M Head
New Zealand’s total livestock slaughter in 2024, covering bulls, cows, heifers, and steers, dropped to the lowest level since 2018, reaching 2.63 million head, according to official Stats NZ data.
With an annual decline of 113,823 head, kill rates slumped 4.2% year-on-year (y-o-y), driven primarily by drought-induced destocking, particularly in the South Island. A reduction in breeding cows, along with fewer calves raised since 2022 due to profitability challenges, further tightened supply...
Agricultural Trade Highlighted During Greer's USTR Confirmation Hearing
On February 6, the Senate committee hearing was conducted for Trump’s nomination to the US Trade Representative (USTR), Jamieson Greer who previously served as the Chief of Staff to the agency under Robert Lighthizer. Since then, Greer has been advanced by the committee to a forthcoming Senate confirmation vote.
During the hearing, Greer spoke about bipartisan trade policy–notably the tariffs on China that were kept by the Biden administration. Greer says he wants the position because he believes America should be a country of producers...
Recall Issued for 33,899 Pounds of Uninspected Beef Tallow
The USDA’s Food Safety and Inspection Service (FSIS) has announced a recall of approximately 33,899 pounds of beef tallow produced by Common Sense Soap. The affected products were processed, packaged, and labeled on behalf of Lady May Tallow without the required federal inspection.
The recalled items were produced between October 16, 2024, and February 6, 2025, and do not bear the USDA mark of inspection because Common Sense Soap does not have a federal grant of inspection to produce food products. These products were distributed to retail locations nationwide by...
FSIS Issues Public Health Alert for Undeclared Allergen in Pasty Oven Products
The USDA's Food Safety and Inspection Service (FSIS) has issued a public health alert for misbranding and undeclared allergens related to certain products from The Pasty Oven, Inc. The issue was discovered during a routine label inspection.
The affected products are fully cooked, ready-to-eat meat and poultry pasties that were produced using an egg wash, which is not listed as an ingredient on the label. No recall has been issued, as the items are no longer available for purchase...
Kroger Announces Leadership Transition as Todd Foley Retires and David Kennerley Takes Over as CFO
Todd Foley will retire as interim Chief Financial Officer (CFO) of Kroger after 24 years with the company. Foley’s career at Kroger began as an audit manager, and over the years, he has held several key positions, ultimately stepping into the interim CFO role in 2024.
Effective April 3, Foley will be succeeded by David Kennerley, most recently of PepsiCo Europe. Kennerley will join Kroger on March 10 as Senior Vice President and will work closely with Foley to ensure a smooth transition...
The Retail Rundown: Valentine’s Day Brings Foodservice Gains
The grocery segment received a boost from last weekend’s pro-football championship game, with strong movement at the meat case. According to Circana data, retail chicken wing sales ahead of the game reached about $8.7 million, up from $8.5 million the previous week. Pork ribs brought in nearly $7 million, rising from $6.7 million, while ground beef sales totaled approximately $76 million, compared to $74.7 million the prior week.
Looking ahead, February is typically a slower month for retail and overall meat demand. However, Valentine’s...
ANALYSIS: Brazilian Beef Exports Kick Off 2025 with a 10.9% M-o-M Decline, Hold Steady Y-o-Y
According to the latest data released by Brazil’s Ministry of Development, Industry, Trade, and Services, Brazilian beef exports totaled 180,471 MT in January 2025, marking a 10.9% decline compared to December. Despite the monthly drop, volumes remained largely stable Y-o-Y, down just 0.6% from January 2024.
Shipments to China, Brazil's primary market, fell 20.0% M-o-M to 91,181 MT, accounting for 50.5% of total exports. On an annual basis, exports to...
7-Eleven, Inc.'s Laredo Taco Company Launches New Flavor-Packed Chicken Fajita Burrito
New crave-worthy menu items and meal deals are here! Today, 7-Eleven, Inc.'s Laredo Taco Company® restaurant launched an all-new Chicken Fajita Burrito that's sure to satisfy every craving. Plus, customers can start their day with Raise the Roost® and Speedy Café® crave-worthy breakfast offerings or enjoy delicious lunch deals at participating 7-Eleven®, Speedway® and Stripes® stores nationwide.
The bold new Chicken Fajita Burrito at Laredo Taco Company features perfectly seasoned chicken...
White Castle names Melissa Palmisciano Vice President, General Counsel
White Castle, the pioneer of The Original Slider® and renowned restaurant and consumer packaged goods (CPG) brand, announced that Deputy General Counsel Melissa Palmisciano has been promoted to vice president and general counsel.
Palmisciano, who joined White Castle as corporate counsel in 2018 and has provided key legal leadership in areas including intellectual property, real estate, litigation and employment law, will fill the role formerly held by new White Castle President Anthony Joseph.
"Melissa sets a high standard through the tenacity and diligence she exhibits to model White Castle's...
Love at First Bite! 7-Eleven, Inc.'s Laredo Taco Company Offers BOGO for $1 Tacos on Valentine's Day
7-Eleven, Inc.'s Laredo Taco Company® restaurant is celebrating Valentine's Day by offering a treat that will delight both taste buds and wallets. On February 14 only, customers can score a buy one, get one for $1 deal for Bacon and Egg Breakfast Tacos. Enjoy sizzling, savory bacon and hand-cracked eggs, all wrapped in a warm, fresh flour tortilla.* Whether you're treating yourself or sharing the love, who can resist...
Jennings Premium Meats Breaks Ground on $2 million Expansion
Jennings Premium Meats announced the groundbreaking of a new addition to its current meat processing facility in New Franklin, Mo. The company is adding 4,800 square feet of manufacturing space to increase its snack stick processing capacity.
The $2 million project — partly funded by a grant through the Show-Me Entrepreneurial Grants for Agriculture program from the Missouri Agricultural and Small Business Development Authority — is expected to be completed by July 1.
“This expansion is the next step to build our capacity and continue to...
US Valentine's Day Index 2025
As Valentine’s Day traditionally provides a boost for restaurants and confectionary retailers, Expana has analyzed the key commodities associated with this holiday.
Expana’s US Valentine's Day Chocolate Index consists of cocoa beans, sugar, and skimmed milk powder (SMP). In addition, consumption of strawberries increases during the Valentine’s Day period, and vanilla is widely used in preparation of cakes and chocolates. As a result, Expana has included the prices of these commodities separately in this report.
Although US consumers and retailers will welcome more affordable meal prices than in 2024, the cost of confectionery this Valentine’s...
Subway® is Setting You Up on The Perfect "Eat Cute" with a BOGO Footlong Deal for Valentine's Day
Subway® celebrates the season of love with a sweet deal for all footlong lovers to share with their Valentines.
Starting February 10 for a limited time, fans can use promo code FLBOGO on Subway.com or the Subway app to order their most beloved footlong and get another footlong free.* Whether planning a Galentine's Day, friendly hangout or a night with a special someone, Subway is making your next meal an "Eat Cute" with freshly made...
Meat Production in Germany Rises for the First Time Since 2016
Germany's meat production increased by 1.4% y-o-y in 2024, totaling 6.9 million metric tons, according to the Federal Statistical Office (Destatis). This marks the first rise in production since 2016.
Pork production recorded the greatest proportional increase, rising by 1.9% to 44.6 million tons, although still 24.9% below the 2016 peak. Production was also up in terms of the number of pigs slaughtered, by 1.2%, including a 1.6% rise in domestic origin slaughtered. The number of imported pigs slaughtered in German farms, on the other hand...
Southeastern Grocers Announces New Ownership of Iconic Winn-Dixie Banner
A consortium of private investors, spearheaded by the current CEO and President of Southeastern Grocers Inc. (SEG), Anthony Hucker, and C&S Wholesale Grocers, today announces it has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners from ALDI U.S. ALDI U.S. previously purchased Southeastern Grocers in March 2024.
The agreement includes the acquisition of SEG grocery and liquor store operations under the Winn-Dixie and Harveys Supermarket banners. This includes approximately 170 grocery stores in Alabama, Georgia, Louisiana, Mississippi and...
Delicious Deal Alert! Domino's® Launches Any Crust, Any Toppings for $9.99 Each
Domino's Pizza Inc. is giving customers more of want they want: the most delicious food at a great price. The largest pizza company in the world is offering customers any crust, with any toppings, for $9.99 each when they order online between Feb. 10-March 2.
Customers can choose from Hand Tossed, Handmade Pan, New York Style, Gluten Free or Crunchy Thin Crust as part of this deal.
"With Valentine's Day right around the corner, what's not to love about this offer?!"...
ALDI Announces Plans to Open a Record-Breaking 225+ New Stores in 2025
ALDI, the fastest-growing grocer in the U.S., today announced its plan to open more than 225 new store locations in 2025 as part of the next phase of its five-year national growth strategy. This is the most stores ALDI will open in one year in its nearly 50-year U.S. history as more shoppers than ever look to save up to 36% on an average shopping trip.*
The new stores will open through a combination of organic growth and converting select...
U.S. Pork Exports Record-Large in 2024; Beef Export Value Trends Higher
Exports of U.S. pork eclipsed previous highs in both volume and value in 2024, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef export value climbed 5% from 2023 despite a slight decrease in volume as unit export values were record high. Lamb exports trended higher than a year ago in both volume and value.
December pork exports totaled 267,132 metric tons (mt), slightly below last year’s large volume, while value increased...
ANALYSIS: Mexico-US Cattle Trade Suspension Impact
The US Department of Agriculture suspended Mexican cattle imports in late November 2024 after detecting New World Screwworm in Southern Mexico. This finding triggered immediate trade restrictions, resulting in estimated losses of roughly 270,000 head through January 2025. December-January trade historically represents 15% of annual cattle movement between both nations. After more than two months of suspended operations and extensive protocol reviews, the Animal and Plant Health Inspection Service (APHIS) worked with Mexican authorities to establish comprehensive pre-clearance inspection and treatment procedures...
Sonny’s BBQ Names George McAllan as New Chief Growth Officer
Sonny’s BBQ, the industry-leading BBQ restaurant rooted in quality food and spreading kindness, announced today the addition of George McAllan, new Chief Growth Officer, to the Sonny’s leadership team. George brings decades of experience working in both the franchisor and franchisee roles.
“George’s extensive experience leading operations for some of America’s most-loved restaurant brands is an incredible asset to our team as we continue to expand our footprint and serve our famous BBQ to fans across the South and beyond,” said Jamie...
Watch Out for Food and Beverage Companies with Big Game Commercials
It’s nearly time for “The Birds” to face the reigning champions in New Orleans. Food and beverage brands with creative advertising teams and big budgets wait all year to show off their best commercials in the short time they have with viewers’ undivided attention.
Such advertisements are impressive enough to instill annual recall and yearly expectations. Brands like Budweiser, Pepsico, McDonald’s, Coca-Cola, or Doritos are oft-anticipated after years of advertising during the big game.
In 2025, a 30-second national spot during the broadcast...
Panera Bread Announces Santhosh Kumar as Chief Information Officer
Panera Bread, a leader and pioneer in the fast casual restaurant industry, today announced that Santhosh Kumar has joined the company as Chief Information Officer, effective February 12, reporting to Interim CEO Paul Carbone. Kumar will lead the company’s technology organization, responsible for the development, integration and deployment of technology across more than 2,200 Panera cafes. In his new role, Kumar will partner with the Panera Bread leadership team and franchisees to drive an exceptional team member and guest experience.
“I’m thrilled to welcome Santhosh to the Panera Bread leadership team...
US Agricultural Workforce on High Alert Amid Immigration Crackdown
The US agricultural workforce is on edge due to fears of potential raids by US Immigration and Customs Enforcement (ICE) following a renewed focus on immigration enforcement under the Trump administration. According to data from the US Department of Agriculture (USDA)’s Economic Research Service (ERS), 42% of crop farmworkers lacked legal work authorization in the U.S. between 2020 and 2022. With the agricultural sector heavily reliant on immigrant labor, the possibility of stricter enforcement has sparked widespread concern across the industry.
Farmworkers' concerns have made national headlines, including...
Industry Leaders Prepare for its Next Big Marketing Moment- Valentine’s Day
It seems like just yesterday we stowed away the holiday décor and swept up the last of the silver and gold tinsel, but retailers have swiftly pivoted to the next big marketing moment: Valentine’s Day—a day to, quite literally, put your money where your mouth is.
Just seven and a half weeks after Christmas, nearly 40% of those who celebrate Valentine’s spend on dinner out. But with disease outbreaks and geopolitical tensions affecting supply chains and costs, can consumers still afford a proper Valentine’s...
ANALYSIS: Australia’s January Beef Exports Ease into 2025 at 81,050 mt
Australia’s beef exports in January 2025 fell 36.4% month-on-month (m-o-m) to 81,050 metric tons (mt), according to data from the Department of Agriculture, Fisheries, and Forestry (DAFF).
The 46,343 mt decline aligned with historical trends, as shipments contracted from December 2024’s strong 127,393 mt.
Asian importers’ preference for receiving products before the Lunar New Year led to higher shipments in December rather than January, particularly for Korea and China, which began receiving in-quota products on January 1. Australia’s seasonal shutdown and...
ANALYSIS: US Tariffs could Shift Export Gains Against Rising Costs for Brazil
President Trump’s trade war could reshape trade flows by driving countries like Mexico and China toward Brazil or forcing them to negotiate with the US in an attempt to avoid tariffs. Simultaneously, a strong USD would likely lead to inflation in Brazil by increasing import costs and boosting export volumes, leading to higher domestic prices in Brazil.
Tariffs will either force buyers closer to Brazil or to negotiate with the US. Should a new wave of tariffs lead to a decrease in the competitiveness of...
ANALYSIS: Uruguay’s Beef Exports Kick Off 2025 with 17.4% Monthly Growth, Up 3.9% Y-o-Y
Uruguay’s beef exports surged in January 2025, reaching 31,750 MT, marking a 17.4% increase M-o-M from December 2024’s 27,038 MT and a 3.9% rise Y-o-Y from January 2024’s 30,544 MT. While the overall trend shows resilience, the composition of shipments reveals shifting market dynamics, particularly concerning China’s slowing demand and the US’s growing share.
Shipments to China, the largest buyer, totaled 12,742 MT, capturing 40.1% of Uruguay’s total exports, which represents a 12.1% M-o-M increase. However...
Meat Institute Expands Legislative Affairs and Marketing Teams with New Hires
The Meat Institute today announced the expansion of its legislative affairs and marketing teams with the addition of two new employees. (photos available by email request to slittle@meatinstitute.org.)
Chris Chaffee joins the Meat Institute as Director of Legislative Affairs working with Vice President of Legislative Affairs Nathan Fretz advocating for the meat and poultry industry with members of congress and federal officials. Chaffee will also help manage the Meat Institute’s Political Action Committee, MeatPAC.
“Chris Chaffee has extensive experience in advocacy, as well as serving in various...
Freddy's Promotes Erin Walter to Chief Marketing Officer
Fast-casual restaurant concept Freddy's Frozen Custard & Steakburgers® announced today the promotion of Erin Walter to chief marketing officer (CMO).
As the newly appointed CMO, Erin Walter will oversee all aspects of the company's marketing initiatives, working closely with the executive team to drive brand awareness, guest engagement, and overall business growth. Her innovative leadership style and strategic thinking are expected to bring a fresh perspective to the company's marketing strategies.
"Erin's talent and dedication have greatly benefited our team. Her strategic vision and creativity have been...
HORMEL® Pepperoni Is Spreading The Love This Valentine’s Day With Heart-To-Heart Pizza Kits
The first come first serve kits feature the brand’s first-ever heart-shaped pepperonis and everything you need to satisfy a romantic’s taste for love
Roses are red, and pepperonis are too; this Valentine’s Day, the makers of HORMEL® Pepperoni are bringing dinner to you. For the first time ever, the makers of HORMEL® Pepperoni are releasing limited edition Heart-to-Heart kits, the ultimate at-home Valentine’s Day pizza kit with every ingredient needed to celebrate accordingly, featuring...
ANALYSIS: Tourism Boom Aids Japan's 2024 Total Beef Imports to Rise 4.4% Y-o-Y Despite Weak Yen
Japan’s 2024 total beef imports rose 4.4% year-on-year to 526,166 metric tons (mt), according to the latest statistics by Trade Statistics of Japan.
As the world’s third-biggest beef importer, inbound tonnage was 22,227 mt higher compared to the previous year, aided by its tourism boom. Higher volumes from Australia, New Zealand and Uruguay supported this growth, while supply from the United States (US) slumped as it grappled with its lowest herd size in 73 years...
DJ’s Boudain LLC Recalls Sausage Link Products Due to Possible Foreign Matter Contamination
D.J.’s Boudain, LLC, a Beaumont, Texas, establishment, is recalling approximately 17,720 pounds of boudain sausage link products that may be contaminated with foreign materials, specifically pieces of a pen, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The fresh and frozen boudain sausage link items were produced on January 23, 2025. A list of the products subject to recall can be found here: [view product list]. The labels for the impacted products can be found here: [view labels]...
Trudeau: Trump Will Pause Tariffs on Canada for 30 Days
As of Monday evening, US President Trump will postpone 25% tariffs on Canada, Reuters reported after Prime Minister Justin Trudeau wrote an X post about the matter.
After the day's second conversation with Trump, Trudeau wrote:
"I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting..."
Report Finds More Than 90% of Shoppers Now Purchase Groceries Both In-Store and Online
As grocery shopping enters a new era of digital transformation, FMI—The Food Industry Association and NielsenIQ (NIQ) today released their new report, Digital Engagement Transforms Grocery Shopping Cover for the Digital Engagement Transforms Grocery Shopping report, which premiered at FMI’s Midwinter Executive Conference. The report finds that today, more than 90% of shoppers participate in both online and in-store shopping.
In 2017, FMI and NIQ predicted that by 2025, digitally engaged grocery shopper spending would reach $100...
Let Beef Take Your Big Game Party to the Endzone
Whether you're rooting for Kansas City or Philadelphia, fans can agree on one thing – football season is better with beef. That's why the Beef. It's What's For Dinner. brand, funded by the Beef Checkoff, is sharing some fan favorite game day recipes ahead of kickoff.
While the commercials get going and the coin toss gets underway, it's the perfect time to start off with a good dip. This Cheeseburger Dip combines ground beef with your favorite cheese and burger toppings for that classic burger taste – just dip with...
ANALYSIS: Lower Cattle Kills Weigh on New Zealand's 2024 Total Beef Exports
New Zealand’s 2024 total beef exports fell 5.6% year-on-year (y-o-y) to 497,014 metric tons (mt), according to the latest Stats NZ data.
Slipping 29,244 mt from the previous year, outbound shipments were curtailed by lower cattle numbers and weaker performance to its once largest trading partner, China. Demand from the United States (US) helped offset this decline, particularly for lean boneless beef as its grappled with its lowest herd size since 1951. Growth in other key markets such as Canada and Japan...
US Meat Trade Faces Uncertainty Ahead of Tariff Implementation
On Thursday, President Trump reaffirmed his plan to impose 25% tariffs on goods imported from Mexico and Canada, set to take effect on February 1, 2025. He is also considering an additional 10% tariff on Chinese imports.
The announcement has heightened uncertainty across many industries, including the livestock and meat sectors. The tariffs threaten to significantly disrupt live cattle shipments from Mexico and Canada, both key suppliers...
Compounding these challenges, a ban on feeder cattle imports from Mexico remains in effect following...
ANALYSIS: Frozen Pork Inventories Remain Low Despite Slight Increase
The USDA December Cold Storage report for 2024 frozen pork inventories indicated a 2.4% increase compared to November 2024. However, this rise still left overall frozen pork stocks 6.7% below December 2023 levels, suggesting a tighter-than-expected pork supply. Several factors likely contributed to this situation.
Firstly, pork production in 2024 was down 0.9% compared to 2023. Simultaneously, export demand remained robust throughout much of 2024, exceeding both year-over-year and ten-year average levels.
Data available through November 2024 shows weekly export totals consistently...
ANALYSIS: 2024 Mexican Beef Export Dynamics
The Mexican beef export market throughout 2024 reflected the complex interplay of macroeconomic factors and trade dynamics, resulting in significant shifts in export patterns and market behavior.
Currency movements played a pivotal role in shaping market dynamics, particularly during the first half of the year when the Mexican peso showed unprecedented strength, reaching MXN 16.43 per USD, a level not observed since 2015. This currency appreciation created challenging conditions for export operations, as it effectively reduced the competitive advantage of Mexican beef in international markets.
The market landscape underwent a substantial...
Trump’s Political Appointments: What They Mean for Commodity Markets
On January 20, 2025, Donald Trump was sworn in for this second term as US President. JD Vance also took the oath of office to become the 47th Vice President.
The new President and his political appointments have dotted headlines in the agricultural commodity space and beyond–grabbing the attention of individuals worldwide. More importantly, the people Trump is bringing aboard to lead, regulate, or deregulate the country’s industries will carry with them implications for domestic and international commodity markets...
Hormel Foods Announces Retirement of Mark Ourada, Group Vice President, Foodservice, after 37 years
Hormel Foods Corporation, a Fortune 500 global branded food company, announced the upcoming retirement of Mark Ourada, group vice president, Foodservice, following 37 years of dedicated service and leadership.
Throughout his nearly four-decade-long career with the company, Ourada has played an active role in the successful development and evolution of the $3.8 billion Foodservice business segment. He was also instrumental in the PLANTERS® brand integration and helped the company drive focus and growth in the convenience store channel...
CKE Restaurants Celebrates Retirement of Long-Time International Business Leader Mike Woida
Today, CKE Restaurants (CKE) proudly announces the retirement of Mike Woida, president of International, following 48 years with the company. Woida has been a visionary leader and a driving force behind the international expansion of both the Carl's Jr.® and Hardee's® brands, advancing the company's global presence to more than 35 countries, achieving system sales exceeding $1.5 billion and laying the groundwork for continued international growth.
Throughout his distinguished career, Woida's strategic insight, commitment to excellence and ability to build...
Expana Spotlight: A Year of Impact
2024: Supporting Your Success with Data-Driven Insights
In the past year, we’ve solidified our role as a trusted partner for businesses navigating complex supply chains by enhancing the depth and breadth of our market intelligence.
From introducing additional proprietary price series to expanding forecasting capabilities and cost modelling, we continue to provide actionable insights that support smarter decisions and better outcomes for our clients. Read on to uncover the exclusive data and insights made available in 2024. Dive into key sections and see how our work is helping shape...
Morocco Stops German Feed Grain Imports Over Foot-and-Mouth Disease
Morocco has halted imports of feed grains from Germany following an outbreak of foot-and-mouth disease, the head of Morocco's grain trade federation (FNCL) said on Thursday.
The import suspension affected "all untreated plant-based feed intended for animal consumption from Germany due to the foot-and-mouth disease outbreak there," Omar Yacoubi told Reuters.
A source at Morocco's food safety agency ONSSA confirmed that plant-based imports from Germany for animal feed had been "suspended" until Germany is declared free of foot and mouth again or certifies local regions that are free of the disease...
PODCAST: Agri-Food for Thought Ep. 22 - The Road to Agri-Food Europe 2025, feat. Olympia Theocharous
On today’s episode, we speak to Olympia Theocharous, Expana’s Content Director for Events...
ANALYSIS: “Other” Countries Quota of Imported Beef to the US Full in January 2025
The “other” countries quota for beef arrivals to the US was set at 65,005 MT for 2025 and was quickly filled by January 17. In 2024 the quota was not reached until early March. Any beef arriving outside of this quota from origins that are not Argentina, Australia, New Zealand or Uruguay will now be hit with a 26.4% tariff. The chart below depicts the weekly amount of beef passed for entry from a country within the quota range for the...
ADM Appoints Carrie Nichol as Vice President and Chief Accounting Officer
ADM has appointed Carrie Nichol as Vice President and Chief Accounting Officer, effective March 1. She will succeed Molly Strader Fruit, who will transition to the role of Vice President, Total Rewards and HR Operations.
Nichol joins ADM from Cargill, where she most recently served as Senior Vice President, Chief Accounting Officer, and Global Process Leader. With more than 20 years of experience in accounting and finance, she has held various leadership positions at Cargill, overseeing accounting operations, internal...
USDA Announces Approval of D-SNAP for California Disaster Areas
The U.S. Department of Agriculture (USDA) announced that people recovering from the impact of recent wildfires and straight-line winds may be eligible for food assistance through USDA’s Disaster Supplemental Nutrition Assistance Program (D-SNAP). Approximately 81,477 households in 28 zip codes in Los Angeles County are estimated to be eligible for this relief to help with grocery expenses.
Through this program, which USDA makes available through states in the aftermath of disasters, people who may not be eligible for SNAP under normal circumstances can participate if they meet...
Argentina Allocates 2025 Beef Export Quotas to US
The Argentine government has announced the allocation of beef export quotas to the United States for 2025, distributing an approximate total of 19,123 MT among 23 meatpacking plants and 17 joint projects. The measure, formalized under Resolution 11/2025, covers boneless fresh (chilled or frozen) boneless beef cuts for export between January 1 and December 31.
The export quota is part of the 20,000 MT allocated by the United States to Argentina. The approximate remaining 876.246 MT are designated for the Free Availability Fund, which allows meatpacking plants and...
Say 'YES!' to an Onion Ring This Valentine's Day and Red Robin Will Replace It with a Diamond Ring
Love is in the air and Red Robin Gourmet Burgers, Inc. wants to help one lucky pair of lovebirds pop the question on Valentine's Day. Red Robin invites burger-loving couples to get engaged with one of its fan-favorite golden onion rings for the chance to win a diamond engagement ring of choice, valued at up to $10,000, along with Red Robin's Towering Onion Rings® for the duration of their engagement*.
Diners willing to propose...
Meat Institute Provides President Trump with Strategies to Reduce Costly Regs. & Address Meat Prices
The Meat Institute today sent the following letter to President Donald Trump to provide strategies to reduce burdensome regulations and address meat prices for consumers.
The following is the text of the letter, dated January 27, 2025, and signed by Meat Institute President and CEO Julie Anna Potts.
Dear Mr. President:
Congratulations on your victory and inauguration! The Meat Institute and its members look forward to working with you and your administration to reduce regulatory burdens and unleash economic prosperity...
The Retail Rundown: Record Championship Game Viewership Expected to Drive Food Sales
As January comes to a close, grocers are actively preparing for the year's first major food-buying event, the pro-football championship game in New Orleans.
With a record-breaking audience expected to tune in to the big game on Sunday, February 9, retail and foodservice sectors anticipate a boost in sales as consumers indulge in game-day finger foods.
According to the National Retail Federation (NRF), an estimated 203.4 million U.S. adults will tune in with total spending projected to reach $18.6 billion...
IPPE 2025 Live: HPAI's Growing Impact Prompts Urgent Action in Pet Food Industry
At the AFIA Pet Food Conference, held alongside the IPPE event in Atlanta, Leah Wilkinson, Director of Public Policy and Education for the American Feed Industry Association (AFIA), highlighted the growing threat of highly pathogenic avian influenza (HPAI), which has expanded beyond poultry to affect various mammal species, including cats and dogs.
"This has traditionally been a wild bird and poultry issue," Wilkinson said. "But in the past year, we've seen HPAI move into cows, field mice, skunks, raccoons, seals, dolphins, polar bears, tigers, lions, and
Sysco Corporation Reports Strong Q2 Results
Sysco Corporation today announced its financial results for the second quarter, ending December 28, 2024, showing robust growth across key metrics.
Sales increased by 4.5%, reaching $20.2 billion, while gross profit rose by 3.9% to $3.7 billion, reflecting solid performance across the business.
The company met analysts' expectations for the quarter, driven by strong top- and bottom-line growth. International operations, in particular, delivered exceptional results, with operating income rising by 14.5% and adjusted operating income increasing by 26.5%.
"Second quarter results included improvements across the company's core financial drivers...
United Natural Foods Shares Top Trends to Help Grocery Retailers Prepare for Summer Selling Season
United Natural Foods, Inc. completed its Spring and Summer Selling Show in San Diego, CA, the first of the Company’s 2025 show season. The two-day show brought together more than 4,300 attendees, connecting 1,800 retailers with 800 supplier brands. Exhibitors showcased thousands of unique brands spanning natural, organic, fresh, specialty, and conventional grocery products.
During the show, UNFI experts discussed current trends and emerging growth opportunities across the grocery retail industry. Top trends include*...
Hudson Riehle, Long-Time Leader of Association Research and Knowledge Group, to Retire
Today, the National Restaurant Association announced that Hudson Riehle, senior vice president of the organization's Research and Knowledge Group, will retire in April.
For more than 38 years, Riehle has provided the data and thought leadership that defined the restaurant and foodservice industry. From the Association's forecast of annual sales and employment growth, to showing the impact of economic catastrophes like the 2020 pandemic and the 2008-2009 recession, Riehle has transformed how the economic impact of the industry is understood at the...
The Fresh Market Announces New President and CEO, Brian Johnson, To Head Specialty Grocery Chain
The Fresh Market, Inc. today announced that its Board of Directors has appointed Brian Johnson as President and Chief Executive Officer (CEO) effective February 3, 2025, replacing Jason Potter, who has decided to pursue a new opportunity. The Fresh Market thanks Mr. Potter for his service and leadership over the last five years.
Johnson has served as Chief Operating Officer (COO) at The Fresh Market since 2020 and brings more than 30 years of experience to the role. In the last five...
ANALYSIS: The Price of Heavy Cutter Cows Increases for the Eighth Straight Week
The price of a cutter cow over 500 lbs continued its eight-week streak of increases, currently sitting at $2.38/lb. At the start of 2024 prices hovered around $1.85/lb marking a year-on-year increase of 28.65%. This uptick comes as cow slaughter levels began to decline in the second half of 2023, possibly signaling a retention period like the last one seen in 2016.
Within the past couple weeks, winter weather has been a...
NCBA Announces 2025-2026 Policy Committee Leaders
Today, the National Cattlemen’s Beef Association (NCBA) announced the appointment of key cattle industry leaders to serve on the association’s policy committees. The policy committees review, discuss, and vote on resolutions brought forward by NCBA members. These grassroots policies become part of NCBA’s policy book, which directs advocacy efforts in Washington, D.C.
“What sets NCBA apart as an organization is our grassroots policy process,” said NCBA President-Elect Buck Wehrbein, a Nebraska cattle producer. “Our volunteer committee leaders serve an important role by providing a venue for cattle producers from...
7-Eleven, Inc. Offers Free Pizza to Football Fans and Pizza Lovers for the Big Game
The Big Game may be a celebration for some, but for most fans, it's a tough reminder that their team didn't make it to the grand finale of football season. This year, 7-Eleven is stepping up to help viewers eat their feelings by offering a FREE pizza for fans whose teams didn't make the final cut.
Throwing a pity party for your team's loss? Don't bother. 7-Eleven has fans covered by offering a FREE pizza with your...
Campbell's Names Risa Cretella as President of Meals & Beverages
Campbell’s Company has announced the appointment of Risa Cretella as Executive Vice President of its Meals & Beverages division, effective February 1, 2025. In this role, Cretella will oversee a portfolio of iconic brands, including Campbell’s, Chunky, Pace, Pacific Foods, Prego, Rao’s, Swanson, and V8, in North America.
Cretella will report directly to Mick Beezhuizen, Campbell’s incoming President and CEO.
Commenting on the appointment, Beezhuizen highlighted Cretella’s key contributions since joining the company, particularly her leadership during the integration of Sovos Brands...
ANALYSIS: Wider Market Access Propels 5.0% Growth in China’s 2024 Total Beef Imports
China's 2024 total beef imports reached 2.87 million metric tons (mt), according to data from the General Administration of Customs of China (GACC).
Annual growth was pegged at 5.0%, rising by 137,816 mt, driven by wider market access. Gains from the Mercosur trade bloc, including Brazil, Argentina, and Uruguay, bolstered growth, while reduced in-bound shipments from Australia, New Zealand, and the United States (US) capped further expansion.
Much of 2024’s import growth was driven largely by the dent in Brazilian imports...
Panera Bread Names Brian Krause as Chief Development Officer
Panera Bread has announced the appointment of Brian Krause as its new Chief Development Officer. In this role, Krause will lead the company's efforts to drive new store growth, while overseeing development, design, and real estate strategies.
Krause brings a wealth of experience to Panera, having previously served as Chief Development Officer at Jimmy John’s Gourmet Sandwiches under Inspire Brands. He also held the role of Senior Vice President of Franchise Development at Wyndham Hotels and Resorts. Most recently, Krause was responsible for overseeing the growth...
The USDA Welcomes Presidential Appointees
The U.S. Department of Agriculture (USDA) has announced the individuals appointed by President Trump to key senior staff positions. These leaders will play a critical role in advancing the President’s agenda while addressing the needs of America’s farmers, ranchers, and producers.
Kailee Tkacz Buller has been appointed Chief of Staff. Previously, she served as President and CEO of the National Oilseed Processors Association and the Edible Oil Producers Association. Buller was also appointed by Governor Youngkin as the 8th Congressional District Representative on the Virginia Board of Agriculture and Consumer Services...
The Retail Rundown: Arctic Blast Supports Egg Demand While Seafood Leads Ads
Seafood continues to lead the retail protein category for the fourth consecutive week, accounting for 29% of all featured advertisements. Beef comes in second with 25%, while pork and chicken are tied at 20% each.
Arctic air across much of the country and an unusual winter storm in the South have influenced product movement and demand this week. Expana reports that the frigid conditions have boosted egg demand as consumers stock up on essentials.
Wholesale egg prices have ascended to a fresh all-time high, with Expana’s Midwest large quotation at...
Weis Markets Announces Promotion of Bob Gleeson to Chief Operation Officer
Weis Markets, Inc. announced this week the promotion of Bob Gleeson to Chief Operating Officer (COO) of the Company.
As COO, Mr. Gleeson will oversee the Company's merchandising, marketing, advertising, store operations, information technology, asset protection, and pharmacy departments. He will also have oversight of the supply chain departments including distribution, transportation and manufacturing. He will continue to report to Jonathan H. Weis, Chairman, President and CEO of Weis Markets, Inc.
Mr. Gleeson joined the Company in 2018 and was promoted to Vice President of...
Circana Announces Leadership Transition: Stuart Aitken Named President and CEO, Succeeding Kirk Perry
Circana, a leading advisor on the complexity of consumer behavior, today announced that Stuart Aitken has been named President and CEO, effective January 1, 2025. He will succeed Kirk Perry, who has decided to retire from his role as President and CEO at Circana and will continue to serve as a member of the Circana Board of Directors. Aitken will also join the Board as a director.
Aitken joins Circana from Kroger, where he has served as Chief Merchant and Marketing...
Aldi’s Making Waves With New European Locations and a Chardonnay Partnership
In January’s fourth week, news about the discount grocery store Aldi made food industry headlines with talk of expansion, and an alcohol partnership that will help clean the ocean.
In 2025, Aldi is set to open nine stores in London, the company announced. The openings in Wimbledon, Fulham Broadway, Caterham, and Orpington are part of the grocery chain’s £650 million investment in Britain during this new year.
Furthermore, leaders of this grocery chain plan to open 40 new supermarkets in Spain. So, shoppers in regions like Andalusia, Madrid...
USDA Shares Enrollment of Six Additional States in Its National Milk Testing Strategy for H5N1
USDA’s National Milk Testing Strategy Now Accounts for Two-Thirds of the Nation's Dairy Herds
Today, the U.S. Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) announced an additional six states are enrolling in the National Milk Testing Strategy (NMTS). This brings the total number of states testing under NMTS guidelines to 36 since the first round of states joined in early December.
With the enrollment of six additional states, the NMTS will account for bulk milk tank...
Hormel Foods Announces Retirement of Brian Johnson, Vice President and Corporate Secretary
Hormel Foods Corporation, a Fortune 500 global branded food company, announced the upcoming retirement of Brian Johnson, vice president and corporate secretary.
“Throughout his 30-year career at Hormel Foods, Brian has been a trusted advisor to me, our executives and our Board of Directors,” said Jim Snee, chairman of the board, president, and chief executive officer at Hormel Foods. “Brian has earned tremendous respect internally, externally, and with our Board of Directors, for his expertise, sound judgment, integrity and dedication. Brian and his wife...
Several US States Implement New Food Packaging Regulations in 2025
In 2025, several US states have enacted, or are set to enact, new legislation that prohibits or restricts the use of certain types of packaging in food retail.
In addition, implementation of Extended Producer Responsibility (EPR) programs for packaging is expected to increase across several states in 2025, according to the National Law Review. EPR programs shift the cost of waste management and recycling from municipalities to product manufacturers. States including Massachusetts, New York and Washington may see advancements in EPR legislation this year.
NRF Says Holiday Season Was a Notable Success as ‘Consumers Came Out to Spend’
Data released today by the U.S. Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a record $994.1 billion, coming in ahead of the National Retail Federation’s forecast, NRF said. Sales for the full year grew 3.6% over 2023 to a record $5.28 trillion.
“Consumers came out to spend this holiday season and clearly underscored the solid growth in the US economy,” NRF Chief Economist Jack Kleinhenz said. “The spending...
ANALYSIS: Record-Breaking Lamb Imports Surge into the US in 2024
The US lamb market hit a historic high in 2024, with imports surpassing a total of 195 million pounds of fresh and frozen lamb cuts, according to USDA data. Fresh imports led the increase, reaching 106.9 million pounds due to rising domestic demand. Frozen imports contributed another 88.8 million pounds, partly driven by concerns about potential disruptions from US pork strikes on the East and Gulf Coasts in late 2024 and early 2025.
Despite challenges, such as a narrowly avoided port strike last week, top...
ANALYSIS: US XT Inside Rounds Enter 2025 at Record High Price Levels
Inside rounds entered January 2025 at a record high price of $3.55/lb, a 38% year-over-year increase. This surge began in early December 2024, as prices rebounded from $2.93/lb to $3.35/lb by Christmas, driven by retailers stocking up for the post-holiday period when a more typical beef consumption resumes.
The rise was further supported by two consecutive weeks of reduced slaughter due to the Christmas and New Years holiday plant closures and winter storms, which disrupted production and logistics, tightening...
ANALYSIS: Tepid Demand Sinks Korea's 2024 Total Beef Imports to 4-Year Lows
Total beef imports to Korea in 2024 tumbled to the lowest levels since 2020 to 461,028 metric tons (mt), according to the latest Korea Customs Service data. Inbound shipments were 2.5% lower compared to the previous year, shedding 11,861 mt amid reduced demand.
Korea's beef market, long a cornerstone of its evolving dietary landscape, faced a basket of headwinds in 2024. A sputtering economy and political instability squeezed consumer spending, while the Korean won’s drop to multi-year lows further eroded importers’ margin...
Steak n Shake to Use 100% Beef Tallow
Steak n Shake announced today that it is moving forward with the use of 100% all-natural beef tallow in all its restaurants. Steak n Shake has long been famous for its shoestring fries – and it will now fry them in the best way possible.
When fries were created centuries ago, they were made with tallow. "Our fries will now be cooked in an authentic way, 100% beef tallow, in order to achieve the highest quality and best taste," said Chris Ward, chief supply chain officer for Steak n Shake...
PODCAST: Agri-Food for Thought Ep. 21 - Early 2025 Helicopter View of Main Topics in Agri-Food Space
Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.
Jamie and Simon host the first episode of Agri-Food for Thought of the year. In this episode we look at geopolitics, tariffs, and regulations; supply chain issues and logistics; tackling extreme weather and the environmental impact of production; as well as demand from health-conscious consumers. 2025 promises to be another year of challenges.
Ag markets are keeping an eye on the ongoing...
GSF Appoints Everton Harris as Corporate Senior Vice President and Chief Human Resources Officer
Golden State Foods (GSF), one of the largest diversified suppliers to the foodservice industry, is pleased to announce the appointment of Everton Harris as corporate senior vice president and chief human resources officer, and the promotion of Campbell Cooper to corporate senior vice president and chief customer and strategy officer.
Based in Irvine, California, Harris joined GSF in December 2024 to serve as a strategic business partner and trusted advisor to the chief executive officer, senior executive team and board of directors...
Marcel Regis Appointed as President, West and East Emerging Markets by Kraft Heinz
The Kraft Heinz Company has announced the appointment of Marcel Regis as President of West and East Emerging Markets, effective February 3, 2025. Based in Brazil, Regis will be responsible for overseeing Kraft Heinz's operations in Latin America, Eastern Europe, the Middle East, and Africa.
Marcel recently worked for Loft, a tech company in Latin America, and has 25 years of experience at Anheuser-Busch InBev, where he held leadership roles, including President of Colombia and South Africa, as well...
ANALYSIS: US Imported Beef Prices Hold Firm in the New Year Despite Rising Imports
Prices for imported Australian/New Zealand (Aus/NZ) and Brazilian beef remained buoyant in January 2025, showing no signs of easing despite increased supply. Lower domestic production has caused some participants to seek alternatives in the imported market.
Since November 2024, Aus/NZ beef has experienced a $13/cwt increase, or roughly 5%, supported by the lowest US cattle numbers in decades. Drought conditions over the past two years have contributed to a significant decline in US cattle numbers, which are now at their lowest...
Foreign-Owned Agricultural Land in the US Increases
From 2022 to 2023, there was a 1.58-million-acre increase in foreign-held agricultural land, according to Farm Bureau. In the US, 45.85 million acres of agricultural land were held by foreign investors in 2023, representing 3.61% of total privately held agricultural land, according to the USDA’s Agricultural Foreign Investment Disclosure Act (AFIDA) report which shows an upward trend of land ownership by foreign entities across the nation.
Since 2010, reports of foreign-held agricultural land have increased. This expansion is 21 million acres, or an area larger than South Carolina...
Capriotti's Sandwich Shop Debuts First Location in New Jersey
Capriotti's Sandwich Shop (Capriotti's), known for its award-winning, hand-crafted cheese steaks, turkey subs and more, has announced its debut in New Jersey with opening of a new location in Princeton. The shop is slated to open in the Princeton Shopping Center, at 301 N Harrison Street Unit 470 on Jan. 21st, 2025. Capriotti's introduces local communities across the U.S. to the brand's 40-year-old tradition of slow-roasting whole, all-natural turkeys in-house, and other one-of-a-kind sandwiches made using the freshest ingredients...
German Meat Imports Bans Continue Despite No New FMD Cases
Germany’s Agriculture minister Cem Oezdemir said the country had not detected any more cases since the initial outbreak on Friday. However, the source of the disease has not yet been found.
The ministry issued a ban on the transport of all cattle, pigs, sheep, goats, and camelids, as well as their bodies and body parts and their manure from or to an animal-keeping operation in the state of Brandenburg, where the outbreak happened. But the ban is due to end on January 15 at 11:59 p.m...
Start the New Year with Steak Stroganoff: Noodles & Company's Fan-Favorite is Back
Steak Stroganoff is once again Steak StroganON! Noodles & Company (NASDAQ: NDLS), the fast-casual chain known for delivering Uncommon Goodness, is kicking off the New Year with flavor, announcing the highly anticipated return of Steak Stroganoff. Beginning today for a limited time, guests can enjoy Steak Stroganoff at all Noodles locations nationwide, in restaurants, or by placing an order through the Noodles mobile app or third-party delivery.
Noodles Delivers What Guests Are Craving In its celebrated return in 2024, Steak Stroganoff made a remarkable impact, selling...
The Retail Rundown: Weekly Protein Recap; CPI Update
Seafood leads protein advertising for a third consecutive week, accounting for nearly 31% of total ad space. Pork follows with nearly 23% and beef makes up 21%. Chicken represents 19% of the advertising share, while eggs capture less than 1%.
The seafood category shows mixed price trends year-over-year (YOY), with fresh cod fillets discounted to $8.37 per pound last week—down 53 cents from the previous year. Prices for catfish and tilapia remained steady YOY, each averaging about $6.60 discounted...
ANALYSIS: Brazilian Beef Exports fall 11.2% M-o-M in December, but Reach Record High in 2024
Brazilian beef exports dropped for the second consecutive month after hitting record high figure in September. According to the latest data released by the Brazilian Ministry of Development, Industry, Trade and Services, shipments of fresh beef (frozen and chilled) totaled brazil202,567 MT last month, marking a monthly 11.2% decline from November’s 228,129 MT, and 2.8% lower compared to the same period last year. On an annual basis, this accounts for 2.55 million MT of beef exported last year, showing a notable 27% increase...
ANALYSIS: Economic Headwinds Drag China’s 2024 Meat Imports Down 9.7% to 6.66M mt
China’s 2024 total meat imports, including variety meats amounted to 6.66 million metric tons (mt), falling 9.7% compared to the previous year, according to the latest preliminary data from the General Administration of Customs of the People's Republic of China.
As the world’s largest meat importer since 2019, China’s meat imports in 2024 decreased for the fourth consecutive year. From the spillover effects of its recovery from African Swine Fever (ASF) and stockpiling efforts in 2023 to increased domestic production, economic challenges...
Panera Bread Announces New Leadership Additions to Marketing and Culinary Teams
Panera Bread, a leader and pioneer in the fast casual restaurant industry, today announced two new leadership appointments in marketing and culinary with the addition of Robin Seward as Senior Vice President, Brand and Integrated Marketing, and Scott Uehlein as Vice President, Culinary. Both leaders joined Panera in early January and report to Chief Marketing Officer Mark Shambura.
Robin Seward joins Panera as Senior Vice President, Brand and Integrated Marketing. A seasoned leader and brand strategist, Seward oversees all strategic marketing planning, including consumer insights, product...
Hormel Foods Chairman, President and CEO James P. Snee to Retire at End of Fiscal Year
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that James P. Snee, chairman of the board, president and chief executive officer, will retire at the end of fiscal 2025, following a distinguished 36-year career with the company.
The Board has formed a search committee and will benefit from its existing CEO-succession process to identify Snee's successor. Internal and external candidates are being considered. Snee has agreed that once his successor is named...
UP Products, LLC, DBA Meyer Wholesale Recalls Ready-To-Eat and Raw Sausage Products
UP Products, LLC, doing business as Meyer Wholesale, a Ewen, Mich. establishment, is recalling approximately 400 pounds of sausage products due to misbranding and an undeclared allergen, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced today. The products contain soy, a known allergen, which is not declared on the product labels.
The ready-to-eat pork and beef Polish sausage and raw pork and beef potato sausage items were produced on various dates from October 30, 2024, through January 7, 2025...
GAO Submits FDA Recommendations to Congress for Increased Inspection Efforts
On January 8, 2025, the U.S. Government Accountability Office (GAO) released its Q&A report to Congress, titled “Food Safety: FDA Should Strengthen Inspection Efforts to Protect the U.S. Food Supply.”
FDA inspections fail to meet mandated annual targets
The U.S. Food and Drug Administration (FDA) is responsible for ensuring the safety of nearly 80% of the nation’s food supply including fruits, vegetables, processed foods, and most seafood.
Since 2007, the FDA has been on the GAO's High-Risk List, which highlights 37 areas across the federal government that are...
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