ANALYSIS: US Cage-Free Egg Prices Plummet Amid Consumer Pushback

Cage-free egg prices are retreating considerably, closely tracking the steep declines in the conventional market. Expana's cage-free white large soared to a record high of $9.86/dozen in late February before plunging to $6.93 per dozen—and the slide does not appear to be over, as demand is faltering under the weight of historically elevated pricing.

Retail demand for cage-free eggs had surged in recent months, largely driven by contract-based pricing, commonly used in this category. Retailers scrambled to secure...

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...

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...

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

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

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

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

The Retail Rundown: Grocers Leverage Seasonal Trends; Inflation Update

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

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

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

ANALYSIS: China Imposes 100% Tariff on Canadian Peas

China has announced retaliatory tariffs on Canadian agriculture products after Canada imposed a 100% tax on Chinese electric vehicles, and a 25% duty on steel and aluminum. China’s tariff announcement covers...

ANALYSIS: US Egg Prices Tumble as Retail Demand Falters

ANALYSIS: Brazilian Fresh Beef Exports Saw a 5.5% Monthly Growth in February, Up by 6.7% Y-o-Y

The latest data released by Brazil’s Ministry of Development, Industry, Trade, and Services, showed that February’s fresh beef exports (chilled or frozen) stood at 190,453 mt, up by 5.5% M-o-M and accounting for a 6.7% growth from the same period last year.

China remained the main destination for the Brazilian beef, absorbing 92,569 mt last month, growing slightly by 1.5% from January 2025, but still down by 3.6% Y-o-Y. This figure represented 48.6% of total...

ANALYSIS: EU Shell-Egg Prices Soar to Record Highs

For the fifth consecutive week, EU shell-egg prices have continued to rise, reaching record highs and reflecting a market under intense pressure. Last week, enriched caged egg prices reached up to 2.71 €/kg, with an average price of 2.46 €/kg, an increase of 53.75% compared to the same period last year. However, significant regional price disparities persist, with Southern countries generally reporting lower prices than France and Northern European nations.

The upward trend is largely fuelled by strong pre-Easter demand and a tight...

ANALYSIS: Australia’s Feb 2025 Beef Exports Soar 45% MoM to 117,502 mt

Australia’s beef exports in February 2025 soared by 45.0% month-on-month (MoM) to reach 117,502 metric tons (mt), according to data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

This 36,453 mt jump aligned with historical trends, as shipments typically rise following the shorter January working month. The growth was supported by strong demand from key markets including the United States (US), China, Japan, and Korea. Despite this, shipments headed to Southeast Asia saw a decline, limiting further growth.

On an annual basis...

ANALYSIS: Mexico - Brazil Beef Trading Patterns

Mexico's beef import patterns have changed significantly since the implementation of the Package Against Inflation and High Costs (PACIC). The program, renewed in November 2024 under President Claudia Sheinbaum's administration, continues to influence trade flows in Mexico's meat sector.

Brazilian beef shipments to Mexico have grown steadily, moving from a small market share to becoming the second-largest supplier in 2024. What started as modest volumes in late 2023 has developed into a substantial trade flow, reflecting Brazil's rapid emergence in the Mexican market...

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

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

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

The Retail Rundown: Key Buying Occasions on the Horizon 

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

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

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

ANALYSIS: Volume of Boneless Beef Hits 12-Month High in Latest USDA Cold Storage Report

According to the latest Cold Storage report from the United States Department of Agriculture, the total amount of beef in cold storage for the month of January was 463.3M lbs. Boneless beef accounted for 424.4M lbs (92% of total) while beef cuts made up the other 38.9M lbs. Both the figures for the total amount of beef and boneless beef equate to a 12-month high.

Cold storage is an important aspect for the imported boneless beef complex...

ANALYSIS: Sluggish Start to 2025 Japan’s Beef Imports

Japan’s total beef imports in January 2025 slumped 17.0% month-on-month (m-o-m) to 32,576 metric tons (mt), according to the latest data from Japan’s Trade Statistics.

Marking the lowest levels since February 2024, monthly inbound tonnage dropped 6,651 mt on the back of lower volumes from Australia and the United States (US), while increased shipments from New Zealand helped mitigate further declines.

Annually, January 2025’s beef imports into Japan plunged 24.7% (-10,682 mt), reflecting ongoing challenges faced by the world’s third-largest economy...

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

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

ANALYSIS: US Table-Egg Layer Flock Shrinks to Lowest Level in Nearly a Decade Amid Ongoing Bird Flu 

The latest Chickens and Eggs Report from the USDA revealed that the US table-egg laying population stood at just 291.5 million head as of February 1, marking a 4.1% decline from the previous month and the smallest flock reported since November 2015. However, ongoing outbreaks of highly pathogenic avian influenza (HPAI) have led to the loss of an additional 11 million layers this month, effectively reducing the national flock to approximately 280 million 

ANALYSIS: New Zealand’s Jan 2025 Beef Exports Up 6.3% Y-o-Y on Solid US Demand

New Zealand’s January 2025 beef exports dropped 20.3% month-on-month (m-o-m) to 40,002 metric tons (mt), as shown in the latest Stats NZ data. 

Falling by 10,161 mt, volumes were curtailed primarily due to the shorter working month as the country observed the Christmas and New Year festivities. Outbound shipments declined across all key markets. Annually, exports grew 6.3% (+2,369 mt), fueled by healthy demand from the US and Canada. However, shipme

The Retail Rundown: Seafood Rides the Lenten Wave

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

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

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

ANALYSIS: Veal Industry Grapples with Supply Crunch

Veal cut supplies remain tight as production cuts and record-high calf prices continue to drive costs higher. Rising live cattle prices are also adding further upward pressure. Key cost drivers include growing bob calf prices and increased feed expenses, particularly whey, according to some market participants. Harvest numbers have declined as fewer male Holstein calves enter the market, with prices surging about 300% over the past year due to strong demand from the beef industry for these animals.

With production constrained and costs rising, some industry contributors...

ANALYSIS: The Effect of US Tariffs on Food Packaging Materials

US President Donald Trump’s long-touted import tariff regime has started to take shape throughout February.

Trump’s administration has targeted China with tariffs of 10% on all imports and 25% import tariffs were applied to Canada and Mexico.

On February 13, Trump signed a memorandum ordering his advisers to create a plan to tackle the US trade deficit.

This followed an announcement on February 11 of the imposition of tariffs of 25% on all imports of aluminum and steel.

Expana analysts have assessed the impact on packaging materials...

ANALYSIS: Robust Start for Korea’s Jan 2025 Beef Imports, Annual Decline Persists

Korea’s beef imports in January 2025 totaled 62,353 metric tons (mt), jumping a whopping 250.0% month-on-month (m-o-m), according to the latest data from Korea Customs Service. 

Despite the 44,536 mt sharp increase, this gain aligns with historical trends, as importers typically front-load shipments to take advantage of in-quota volumes and lower tariffs at the start of the year. This also marked the third-strongest January on record, as higher volumes from Australia contributed to a strong rebound following the early...

ANALYSIS: Argentina’s Beef Exports Declined 20.1% M-o-M in January, Driven by Sharp Drop in China’s

Argentina’s beef exports totaled 46,159 MT in January 2025, according to the latest data released by their National Institute of Statistics and Census, marking a 20.1% decline M-o-M and a 25.4% drop Y-o-Y. The decline was primarily driven by weaker demand from China, which remained the top destination but saw shipments fall to 30,181 MT, down 26.7% from December and 38.5% from January 2024. China’s share of Argentina’s total beef exports declined to...

ANALYSIS: Robust Demand Drives Chicken Cold Storage Inventory Down in December 2024

December’s cold storage report highlights the continued, relatively robust demand for chicken items. Frozen inventories of nearly all categories apart from paws were lower year-over-year (YoY). While domestic retail distribution during the month of December was not at the highest level it has been, it was among the top 25% of monthly values since January 2020. Additionally, market input suggested that domestic food service demand was active throughout much of the year.

The total number of chickens...

ANALYSIS: Low Production Reflected by Shrinking Inventories, December’s Turkey Cold Storage Report

In December’s cold storage report, all categories of turkey apart from “other” were down year-over-year (YoY), which was the first time that this had occurred in 2024. For even some of the less sought after items to be lower YoY really highlights the intensive production shortages that plagued the industry. This is further magnified by the fact that month-over-month (MoM) increases in whole bird, breasts, and total inventories were far below the 5-year average MoM increase.

Meanwhile, the disappearance of MST.

The Retail Rundown: Cold Weather Influences Demand

As February winds down, grocers are looking ahead to the arrival of spring and warmer weather, which typically sparks renewed retail demand after a slower start to the year.

For now, wintry weather remains in full blast, with record-breaking cold temperatures and heavy snow impacting the Central and Eastern US this week. These conditions could support continued retail demand for items like eggs, which are seeing strong consumer interest despite rising shelf prices. However, the extreme cold may not be as favorable for meat consumption, especially in southern regions accustomed to year...

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...

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: Shifting Demand Patterns for Chicken May be Related to the Prices of Competing Proteins

Since the first week of the year, jumbo boneless breast meat quotations have risen by 14.9%, which is just a slight increase compared to the 5-year average. The current quotation, however, is 14.3% above the 5-year average for this time of year. There are several factors that play into this advance, but perhaps one of the most easily quantified ones is the differences in retail prices of fresh ground beef and fresh chicken breast meat.

Since the start of the...

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...

ANALYSIS: EU Shell Egg Market Strengthens Following a Slow January 

The EU shell egg market began 2025 with a sluggish start, as food manufacturers gradually resumed their operations, following typical seasonal trends. The buildup of inventory during the Christmas period, combined with weak demand, led to slight price declines in early January. Breakers were cautious, only purchasing when prices met their expectations. However, retail demand remained active, driven by colder weather and a growing consumer appetite for eggs. 

As January progressed, market conditions shifted. Demand from breakers increased, at the same t

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...

ANALYSIS: 2024 Turkey Harvest Hits Record Low

2024 marked the first time on record, dating back to 2001, in which the total number of turkeys processed annually was below 200 million. At a value of approximately 198 million turkeys, 2024’s turkey harvest values fell 8.3% below those of 2023, and 9.2% below the 5-year average. This was the second most dramatic year-over-year (YoY) change ever recorded, lagging just behind 2009 when the number of turkeys harvested fell by 9.4%. This is a very important factor to consider when looking at the...

ANALYSIS: Rising Broiler Weights: Understanding the Factors Driving Growth and Market Implications

Based on weekly data from the USDA, in 1998 the average live weight of broilers at the processing plant was 4.87 lbs. By 2024, that number had risen 34.1% to a value of 6.52 lbs. During every one of those 26 years, average live weights were either maintained or increased from the year prior. In fact, in 2015 there was as much as a 3.4% increase year-over-year (YoY). Now, as data for the first month of 2025 comes in, the trend of YoY gains in...

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...

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...

ANALYSIS: From Steady to Skyrocketing: The Unprecedented Rise of Fresh Turkey Thigh Meat Prices

On January 21, the fresh turkey thigh meat quotation reached a record level that has steadily risen since then. Still, thigh meat supplies remain nearly nonexistent, and some sellers toss around asking prices that are nearly 24% higher than the previous all-time high of $2.02. This begs the questions: How did we get to this point, and where do we go from here?

Like many high-powered objects, the energy needed for rocketing prices has been slowly accumulating in the...

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...

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...

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...

ANALYSIS: Navigating Growth and Resilience at the Hatchery

When analyzing the latest chicken hatchery data from late December through early January, it is evident that the trends dominating much of 2024 have persisted into the new year. The number of chicks placed, and eggs set continues to significantly surpass both last year’s figures and the five-year average. This sustained growth aligns with expanding consumer demand for chicken, driven by its broad availability and cost-effectiveness compared to other proteins like beef.

However, the industry continues to face notable challenges, particularly with hatchability rates. While there have...

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...

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...

ANALYSIS: Turkey Hatch, Searching for Direction Amid Uncertain Times

Given the ongoing and largely unmitigated threat of disease within commercial turkey flocks, market participants are searching high and low for answers or, at the very least, clarity as to what the production landscape might look like further down the road. Although notoriously challenging to predict even on a “normal” year, there are some tools which could help players to more effectively hone their production expectations for 2025. Perhaps one of our best forward-facing indicators is the turkey hatch stats.

As illustrated by this...

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...

ANALYSIS: US Shell Egg Prices Soar Past $7.00 per Dozen Amid Ongoing Bird Flu Crisis

Just over two years ago, the idea of the U.S. egg market surpassing $5.00 per dozen seemed almost unimaginable. When prices hit a record high of $5.46 per dozen in December 2022, industry participants largely believed that mark would hold for the foreseeable future. But an unprecedented convergence of challenges has shattered those expectations. The relentless spread of bird flu, combined with insatiable retail demand, has pushed prices past the $6.00 threshold—and now beyond $7.00 per dozen...

ANALYSIS: December Broiler-Type Pullets Reflect Industry Trends and Future Demand Outlook

December’s broiler-type pullet chicks hatched numbers came in 5.3% lower year-over-year (YoY) at a value of 9.1 million chicks, still 3.3% higher than the 5-year average. From this data, we can gather some insight into the overall attitudes of the industry. 

First, a little background into what broiler-type pullet chicks mean for the industry. These are the birds that will grow into breeders to produce the broilers used for production. Unlike their progeny that will only have a production cycle...

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...

ANALYSIS: Navigating the Frozen Whole Turkey Market

If we take a look at Expana’s current 16 lbs. frozen tom turkey quotation in comparison to all the previous data dating back to 1989, it doesn’t look like current prices are that low. However, when inflation is accounted for, we find that it is in the bottom 1% of listed values. In fact, this week’s data is only higher than the inflation-adjusted quotations of 16 other weeks: Late-February through late-March in 2002 and January to early February in 2004.

Interestingly, this value, which is 24% lower than...

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...

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: U.S. Chicken Exports Experience Strong MoM Increase in November

Total exports were up month-over-month (MoM) by 5.7%, a contra-seasonal move compared to the 5-year average decrease of 3.1%. Interestingly, several of the top five destinations showed a MoM

decrease in the amount of U.S. chicken imported. However, Taiwan brought in much larger volumes than average, and the MoM decreases in production shipped to Vietnam and the Philippines were not as dramatic as the 5-year average. Additionally, several of the less prominent destinations brought in more production in November than October, influencing... 

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...

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...

ANALYSIS: New Year, Same Challenge: Bird Flu Continues to Wreak Havoc on the U.S. Shell Egg Market

The U.S. shell egg market saw its fifth consecutive week of increases as of Friday, driven by robust retail demand and ongoing supply constraints tied to the spread of highly pathogenic avian influenza (HPAI). Earlier in the week, moderating trade levels hinted that the market might be nearing its peak. However, the detection of two new bird flu cases, affecting approximately 3 million layers, dashed hopes of stabilization and, instead, accelerated market gains.

Retail demand has remained unusually...

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...

ANALYSIS: Early-Year Trends in Fats and Tallows

The by-products market enters 2025 with divergent trends between fats and tallows, following a particularly quiet end to 2024, where most participants maintained cautious positions amid policy uncertainties. Key industry concerns revolve around potential changes in oil trade dynamics and domestic energy policies, which could significantly influence market direction. 

Choice White Grease shows increased downward pressure as the year begins, reflecting efforts to stimulate buying interest and manage inventories. By contrast, the tallow market demonstrates notable firmness, with both renderer and packer grades strengthening as...

ANALYSIS: A 2024 Review of Broiler Headcounts, Hatchability, and Consumer Preference

2024 rounded out the year with a cumulative broiler headcount that was 1.2% below that of 2023. While this lower percentage doesn’t seem to fit the narrative of the past three months, it actually helps illustrate the adaptability of the industry in the wake of the lowest yearly hatchability average of the past five years.

In Q1, the headcount for 2024 was 2.7% lower than 2023. This shifted to 1.7% lower in Q2, 0.7% lower in Q3, and finally the numbers for Q4 of 2024...

ANALYSIS: Australia’s Beef Boom Sets 2024 Exports Record at 1.34M mt

Australia’s 2024 beef and veal exports scaled to fresh new highs to 1.34 million metric tons (mt), according to data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

Pegging its annual growth at an impressive 24.1%, shipments jumped 261,163 mt compared to the same period last year. Following the 2019–2020 drought years, Australia in 2024 reaped the benefits of its herd rebuilding effort with record-high production levels, which supported strong export growth throughout the year.

The slump in US production...

ANALYSIS: First Edition of Expana's Monthly Pet Food Market Insight

Welcome to the Pet Food Market Insight report, your essential guide to navigating the dynamic and ever-evolving pet food industry. In this comprehensive report, we provide you with critical price and supply insights that are crucial for making informed decisions in today’s competitive market. These numbers are monthly averages, taken at month’s end. Whether you’re a manufacturer, supplier, or retailer, staying ahead of market trends and understanding the fluctuations in raw material costs, supply chain challenges, and consumer preferences...

The Retail Rundown: Post-Holiday Slowdown Influences January Spending 

January typically marks a slowdown in consumer spending as households transition from the holiday season to their regular routines.

Early in the month, retailers experience a short-lived boost in sales, driven by replenishment efforts after the holiday food rush. As schools reopen and guests leave, families restock essentials for breakfast, lunch, and weeknight meals.

This restocking coincides with New Year’s resolutions, especially those focused on healthier eating. Consequently, shoppers gravitate toward the perimeter of the stores where fresh items, including produce, proteins, and dairy, are featured. Although retail...

ANALYSIS: Turkey Industry Faces Record Low Harvests During a Period of Rising Demand

November’s turkey slaughter numbers set a new seasonal low, with 16.4 million head of turkeys harvested. This continues the trend observed throughout 2024, during which five of the previous ten months recorded harvest values that set new record lows for their respective months. Notably, the lowest harvest ever recorded occurred in March, with only 15.5 million turkeys processed.

The industry is undoubtedly feeling the impact of these cutbacks, particularly during a period of strong retail demand for turkey parts and raw materials... 

ANALYSIS: November Turkey Cold Storage Indicative of Demand Patterns

In comparison to market pricing, November’s cold storage report may seem contradictory in a couple of instances. However, upon closer inspection, it’s actually very indicative of the state of the market.

The total month-over-month (MoM) change was slightly less dramatic than the 5-year average, with a 34.1% decrease from this past October to November. This is compared to a 5-year average decrease of 46.4%. This was primarily driven by fewer whole birds and breasts exiting the freezer this November, as these two categories made up..

ANALYSIS: China's Beef Imports Under Scrutiny: Overview of Historical Data of Key Suppliers

China's Ministry of Commerce has formally initiated an investigation into the surge of beef imports, which domestic stakeholders claim is causing severe harm to local industries. The application, submitted by major agricultural and livestock associations, outlines a detailed case for imposing safeguard measures under the nation's trade remedies legislation. This move comes in response to a significant rise in beef imports with lower pricing of imports undermining the domestic market...

ANALYSIS: Brazilian Beef Exports Slide 15.6% M-o-M in November 2024

Brazilian beef exports slowed down notably in November after hitting record highs in previous months this year. According to the Brazilian Ministry of Development, Industry, Trade and Services, last month’s exports of fresh (frozen and chilled) beef totaled 228,129 MT, down by 15.6% compared to October’s 270,331 MT, and 21.4% higher than the equivalent month last year. Year-to-Date, Brazilian shipments reached 2.3 million MT, which already surpasses the total volume exported in all of 2023 by 16.9%, heading towards a new annual record high...

ANALYSIS: US 2024 Choice Brisket Prices Firm in December

With the year-end holidays coming to a close and St. Patrick’s Day on the horizon, it’s the perfect time to take a closer look at a crowd favorite, the choice brisket. This item entered 2024 on a strong note, starting at $3.74/lb, a significant 29% increase compared to the previous year. However, brisket prices peaked in January at $3.89/lb before declining to their yearly low of $3.24/lb in mid-February as demand softened after the holiday season...

ANALYSIS: Jumbo Boneless Chicken Breast Prices Unseasonably Robust as Popularity Grows

Quotations for jumbo boneless breast meat started this year closely following the 5-year average quotations...

ANALYSIS: Market Dynamics and Supply Constraints Drive Record High Turkey Neck Prices

Current frozen tom turkey neck quotations have exceeded the previous all-time high of $1.07 that was seen in late August of 2022...

ANALYSIS: Peak Season Lifts New Zealand’s Nov 2024 Beef Exports 39.4% M-o-M to 38,576 mt

New Zealand’s November 2024 beef exports rebounded a whopping 39.4% month-on-month (m-o-m) to 38,576 metric tonnes (mt), according to the latest Stats NZ data.

Increasing by 10,907 mt from October 2024’s five-month decline, the key driver was increased production as New Zealand exits from its off season. In line with seasonal output trends, the higher tonnage saw high volumes shipped to all key destinations such as the United States (US), China, Japan and Korea...

ANALYSIS: China’s Nov 2024 Beef Imports Hit 11-Month Highs at 261,343 mt

China's beef imports rose for the second consecutive month in November 2024, reaching 261,343 metric tons (mt), the highest level since January, according to data from the General Administration of Customs of China (GACC).

Climbing by 10.1% month-on-month (m-o-m), the tonnage was up by 24,079 mt amid higher volumes from Brazil, its largest supplier, along with notable contributions from Argentina, Uruguay and the United States (US).

Year-on-year (y-o-y), imports grew by 10.4% (+24,678 mt) driven primarily...

ANALYSIS: U.S. Chicken Exports in October Trail at Five-Year Lows

The total volume of chicken exported in October was up from September, but just barely. This was especially evident in comparison to the 5-year average month-over-month (MoM) change. This October there was a 0.1% MoM increase in the total volume of chicken sold to international buyers in the U.S., a far cry from the 12.6% 5-year average.

Interestingly, the top three destinations pulled much larger volumes than they typically do in October, while the amount of production going to many of the...

ANALYSIS: October U.S. Turkey Exports Below Average Amid Lower Production and Higher Prices

The total month-over-month (MoM) change in the volume of turkey exported for October was up 7.6% compared to a 5-year average increase of 15.9%. The top four U.S. turkey export destinations, Mexico, Panama, Guatemala, and Canada, all had lower export volumes this October compared to the 5-year average, while the Bahamas, the fifth largest buyer, purchased more than on average.

Likely, much of the lower-than-average volumes of turkey exported can be attributed to more limited...

ANALYSIS: US Shell Egg Prices Shatter Records Amid Bird Flu Losses, Strong Holiday Demand

US shell egg prices have surged to new all-time highs, fueled by a potent combination of avian flu-related production losses and heightened retail demand throughout the holiday baking season. Expana’s benchmark Midwest large quotation climbed to $5.47 per dozen on Tuesday, narrowly edging past the previous record of $5.46 set in December 2022.

The ongoing spread of Highly Pathogenic Avian Influenza (HPAI) has intensified since mid-October, claiming approximately 17 million layers and pullets over the past two months...

ANALYSIS: Korea's Nov 2024 Beef Imports Slump to a 9-Month Low at 33,140 mt

Korea’s November 2024 beef imports dropped to the lowest levels since February this year to 33,140 metric tons (mt), according to the latest Korea Customs Service data.

Volumes fell 29.0% or 13,557 mt month-on-month (m-o-m), marking a sharp decline from October 2024's figures, which had reached 46,697 mt, a 9-month high.

Lower tonnages from its major suppliers Australia, the United States (US), as well as New Zealand, Canada, and Mexico contributed to the shrinkage...

ANALYSIS: Proposition 12 Effect on Reporting Volumes for Pork

The USDA Pork Specialty Report, issued by the U.S. Department of Agriculture (USDA), focuses on niche and specialty pork products, offering detailed insights into pricing, volume, and market trends for categories not typically covered in broader pork market reports. These categories include specialty programs such as open pen gestation, crate-free, antibiotic-free, no-antibiotics-ever, pre-priced and labeled cuts, color-graded, breed-specific, quality-graded, and organic products.

Notably, the report began incorporating Proposition 12-compliant material in 2023...

The Retail Rundown: Robust Retail Spending This Holiday Season

Retail spending has been robust this year, with recent data released by the U.S. Census Bureau indicating strong retail sales as the holiday season kicked off in November.

According to the Census Bureau, overall retail sales in November rose 0.7 percent month-over-month (MOM) and increased 3.8 percent year-over-year (YOY) In comparison, October saw gains of 0.5 percent MOM and 2.9 percent YOY.

“Job and wage gains, modest inflation and a heathy balance sheet have led to solid holiday spending," said National Retail Federation Chief Economist Jack Kleinhenz...

ANALYSIS: A Seasonal Snapshot of Choice Chuck Rolls in 2024

The Choice chuck roll has been on quite a journey this year, riding a roller coaster of highs and lows in the market. Let’s dive into where this versatile cut stands today and how it got here.

Back in late August, prices took an unexpected turn upward, defying the usual trend of softening in the back half of the month. Starting at $3.65/lb in early August, choice chuck rolls climbed an impressive 62% to its peak of $5.92/lb in October. However...

ANALYSIS: UK Beef Market Update-December 2024

UK beef prices continued to trend upwards as cattle prices continued to rise in December 2024. The UK cattle deadweight price reached GBP 5.43/kg, up 4.3% month-on-month (m-o-m) and year-on-year (y-o-y) in early December 2024. Some market reports indicate strong festive demand, which is expected to help sustain prices through the winter months.

UK beef production in 2024 is projected to reach 933,000 tonnes, representing a 4% increase compared to 2023. This growth is primarily driven by a rise in prime...

ANALYSIS: EU Free-Range Egg Prices Remain Firm Despite Broader Shell Egg Market Weakening

Following 16 weeks of rising prices, industrial shell egg prices in the EU saw a relief in the first week of December, particularly in the Cage and Barn egg categories, which saw significant price drops. However, Free-Range eggs remained an exception, with market participants continuing to face challenges in sourcing them. Despite the typical slowdown in buying activity as the retail and manufacturing sectors wrap up their year-end buying, Free-Range egg prices have remained resilient, holding steady at a...

ANALYSIS: Impact of the USDA Suspension on Mexico-US Cattle Trade

Mexico, as a key beef exporter to the United States (US) market, faces a commercial landscape influenced by multiple factors, including fluctuations in the peso-dollar exchange rate, domestic market conditions, and international sanitary regulations.

During the first half of 2024, the strengthening of the peso against the dollar reduced the competitiveness of Mexican exports, as domestic market prices surpassed those available in the US market. However, in the second half of the year, the strengthening of the dollar boosted exports by offering better returns for producers...

ANALYSIS: Is HPAI Impacting the U.S. Chicken Market?

In the past couple of years, different sectors of the poultry industry in the U.S. have had to deal with an ongoing outbreak of HPAI. The current surge began on February 8, 2022, when a commercial turkey flock in Indiana was confirmed to have contracted the virus. Since then, losses of commercial birds have been reported in thirty-four states and approximately 8.97 million commercial broiler breeders and broilers have been affected. While this is certainly a large number, it is only 0.03% of chicks placed.

Turkeys and layers have...

ANALYSIS: US Boneless Beef Imports Double Year-over-Year for November

According to the US Food Safety and Inspection Service’s Meat Passed for Entry report, 77,719 MT of boneless trimmings were accepted into the US. This represents a 32.17% increase compared to October, reflecting the typical seasonal rise seen toward the end of the year. However, this year's increase came earlier than usual, as the volume of boneless trimmings typically peaks in December. Year-over-year, this marks a 106.42% change for November.

Australia led the way, supplying 39.3% of the total, with 30,556 MT of boneless...

ANALYSIS: Impact of HPAI and Metapneumovirus on Livability in the Turkey Industry

Issues with HPAI and metapneumovirus in the past couple of years have significantly impacted livability in the turkey industry. The current outbreak of HPAI began on February 8, 2022, when a commercial turkey flock in Indiana was confirmed to have contracted the virus. Since then, losses of commercial birds have been reported in thirty-four states and approximately 15.8 million commercial turkey breeders and meat birds have been affected. Losses due to HPAI are highest in the spring and fall through areas of active wild bird migratory traffic...

ANALYSIS: U.S. Beef Rib Pushing Towards All-Time Records

With year-end holidays approaching, the bone-in rib is once again front and center in the beef market. Over the past year, this item was largely kept at arm’s length as market participants contended with what appeared to be reserved consumer demand. Consequently, prices for the bone-in ribeye throughout the year lagged behind year-ago levels.

Fast forward to today, and prices have not only kept pace but have also surpassed last year’s high of $12.50/lb., currently...

ANALYSIS: Main Drivers Behind EU Retail Egg Prices in Q4 2024

According to the European Commission, medium/large egg prices averaged €2.28 per kilogram during October and November 2024, and are currently at €2.43 per kilogram, marking a 23.07% quarter-on-quarter increase and a 6.7% year-on-year rise. The surge in egg prices during Q4 2024 can be attributed to a combination of factors.

Firstly, the seasonal demand typical of Q4 has had an immediate effect on prices. This seasonal increase is particularly significant in a market where the EU faces limited self-sufficiency...

ANALYSIS: China’s Nov 2024 Meat Imports Break 15-Month Y-o-Y Decline Streak to 580,619 mt

China’s total meat imports, including variety meats rebounded to 580,619 metric tonnes (mt) in November 2024, ending a 15-month year-over-year decline streak, according to the latest preliminary data from the General Administration of Customs of the People's Republic of China. 

Imports were higher by 8.6% or 23,619 mt month-on-month (m-o-m) ahead of the winter peak season.  

Meat consumption typically increases ahead of the cooler season, with a notable rise in demand for...

The Retail Rundown: Seasonal Trends for Ribs vs. Hams

With Christmas just two weeks away, this week’s retail rundown takes a closer look at two traditional holiday centerpieces: rib roasts and hams. These festive favorites have followed differing paths in the wholesale markets this year, potentially influencing their retail performance in the lead-up to the year-end celebrations.

The wholesale rib market began its seasonal ascent in the third quarter, gaining traction in early August. From August 1 through December 10, prices surged by 42 percent, far surpassing the 5-year average increase of 17 percent for the same period...

ANALYSIS: Australia's Nov 2024 Beef Exports Ease 8.6% M-o-M From Record Highs to 118,878 mt

Australia’s beef and veal exports in Nov 2024 saw an 8.6% month-on-month (m-o-m) decline, falling to 118,878 metric tonnes (mt), according to the latest data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

This 11,171 mt monthly decrease followed a record high back in Oct 2024, when exports reached 130,048 mt. In line with traditional patterns, this fall was led by lower shipments to key destinations, including the United States (US), Korea, and southeast...

ANALYSIS: Tariff-Driven Spike to Freight Rates Yet to Materialize

The re-election of US President-elect Donald Trump, on November 5, sparked speculation about the outlook for global trade, given the stringent tariff regime that he has stated he will impose. Some initial reactions expected the effects on international shipping and freight rates to be significant, with a short-term price spike resulting from US importers boosting their inventories before the tariffs come into effect. The results so far, however, have been more tepid than anticipated.

During his campaign, Trump indicated his intention...

ANALYSIS: EU Shell Egg Prices Show Signs of Stabilization

Since early September, shell-egg prices have surged by 60.7%, driven primarily by robust retail demand. As the dominant distribution channel for eggs, the retail sector has absorbed a substantial share of available supply, leaving fewer eggs for breaking operations. Consumers continue to favor eggs as a cost-effective protein alternative, particularly as prices for other proteins, such as beef, have risen significantly throughout the year.

Seasonal factors have further bolstered demand. Cooler autumn weather has encouraged more home cooking, driving up egg consumption...

The Retail Rundown: Holiday Features in Full Display

In the final stretch to Thanksgiving, turkey ads dominate protein advertisements this week with 29 percent, up from 11.8 percent the week prior and surpassing pork's 26.4 percent. Seafood ads come in at 20.2 percent, followed by beef at 16.4 percent. Chicken takes 6 percent, while eggs still have less than one percent of retail buying opportunities.

Fresh whole turkeys account for half of all turkey promotions, with frozen turkeys making up 40.5 percent. While turkeys take center stage, the holiday season also lifts demand for cold-weather comfort foods and convenient...