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Market House Meats Adds Custom Meat Processing

A year and a half after announcing the addition of its new land-based protein division, Market House Meats will open an additional facility offering custom meat processing to local restaurant and foodservice operators. The new USDA-inspected facility will accommodate specialty orders such as dry-aged cuts tailored to customer focused specifications.

“Market House Meats has far exceeded expectations,” said Mike Higgins, The Fish Guys, Inc. Owner and CEO. “With this addition, we’ve hit a goal to see this company become a true full-service, center-of-the-plate protein purveyor.”

According to Tim McKee, The Fish Guys SVP of Business Development and James Beard award-winning, “Adding a cutting facility opens up a lot of doors. We have customers that have been asking for this service since...

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Jul 19 9:30 AM, General News



Tim Hortons Expands Beyond Meat Offerings 

After the successful launch of three new Beyond Meat® Breakfast Sandwiches last month, Tim Hortons is expanding plant‑based offerings to the lunch and dinner menu with two new, delicious Beyond Burgers. This marks the first time Tim Hortons has been able to include a burger on the menu because the burger patty is prepared in the same way as the Beyond Sausage™ patty for the new breakfast sandwiches.

The 100% plant‑based burger patty was developed by Beyond Meat to taste like a beef burger. The result is a truly satisfying burger experience that is now available at the nearly 4,000 Tim Hortons restaurants nationwide.

There are two Beyond Burgers for guests to enjoy from coast to coast...

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Jul 18 11:50 AM, General News


Quick Service Burger Buyers Mix it Up Between Plant-Based and Beef

Plant-based burgers are increasingly finding their way on to quick service restaurants (QSRs) menu boards and customers are responding. There were 228 million servings of plant-based burgers ordered at QSRs in the year ending May, up 10 percent from a year ago, reports The NPD Group. With all of the buzz surrounding the popularity of plant-based burgers some are wondering if veggie burgers are closing in on beef burgers or if the growth of plant-based burgers corresponds to an increase in vegetarianism or veganism. Here are some answers.

Beef burgers are still by far the most popular burger ordered at QSRs. There were 6.4 billion beef burgers ordered at QSRs in the year ending May 2019, and although growth is flat compared to year ago, beef burgers are still...

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Jul 18 8:14 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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Jul 15 2:02 PM, Urner Barry


Wendy's Makes Summer Sizzle With Launch Of Baconfest

As the home of the #1 selling bacon cheeseburger*, and quite frankly, the Boss of Bacon, Wendy's is launching an epic bacon celebration – Baconfest. Why? Because Wendy's bacon is always worth celebrating and honestly, doesn't need a reason.

Starting today, Wendy's is kicking off Baconfest exclusively with DoorDash, offering its bacon-loving fanatics a free Jr. Bacon Cheeseburger and $0 delivery fee with a minimum of $10 Wendy's purchase for a limited time using code BACONFEST.** Free bacon and $0 delivery fee? Yes, please...

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Jul 15 9:24 AM, General News


Fieldsource Food Systems, Inc. Recalls Beef and Poultry Products

Fieldsource Food Systems, Inc., a Brea, Calif. establishment, is recalling approximately 12,953 pounds of diced beef and chicken products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The products contain wheat, a known allergen, which is not declared on the product label.

The uncooked, marinated, diced beef and chicken cubes were produced from June 9 through July 10, 2019. The following products are subject to recall:

20-lb. boxes containing four unmarked 5 lb. plastic bags...

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Jul 15 9:13 AM, General News


Ada Valley Gourmet Foods, Inc. Recalls Beef Products Due to Possible Foreign Matter Contamination

Ada Valley Gourmet Foods, Inc., an Ada, Mich. establishment, is recalling approximately 3,490 pounds of raw ground beef meatloaf products that may be contaminated with extraneous materials, specifically broken metal bits, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen, premixed raw ground beef meatloaf was produced on May 20, 2019. The following products are subject to recall: [View label (PDF only)]

5-lb. frozen vacuum packages packed 2 each in cartons containing...

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Jul 15 9:06 AM, General News


Urner Barry Rolls Out Updated Foreign Trade Data Platform

New Site to Include Red Meat Import/Export Stats for the First Time Ever

Urner Barry, the leading provider of protein market news and information in the food industry, is pleased to announce the launch of a new and improved Foreign Trade Data service, complete with newly added Customs and Census data for pork, beef, lamb and veal.

Foreign Trade Data has long provided detailed information on each and every frozen, waterborne shipment of seafood entering the United States, with records being updated regularly with the most recent data available. Now, U.S. Customs export data has also been newly added for seafood. Subscribers can now track Customs exports of crab and other species.

And for the first time ever, Foreign Trade Data subscribers will have access to the latest intelligence surrounding red meat imports and exports. Users can...

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Jul 15 8:45 AM, Urner Barry


Jul 15 8:40 AM, Urner Barry

Ground Beef to be featured on MasterChef;
Maine Lobster Industry in need of funding;
Sponsored by Obsono's Market Insight
If you cannot see this video, please click here
 
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Fox's MasterChef to Feature Beef. It's What's For Dinner.

Thanks to an investment from the Federation of State Beef Councils, an upcoming episode of a popular Fox network food show will feature Beef Checkoff-funded Beef. It's What's For Dinner.  

As part of its biggest and toughest season yet, MasterChef Season 10 has partnered with the Beef Checkoff to bring viewers the beefiest Backyard BBQ challenge. Tune in to Fox on Thursday, July 18 at 8/7c to see how chefs use various popular beef cuts in the challenge...

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Jul 12 3:50 PM, General News


Jul 12 8:56 AM, Urner Barry Video

NCBA Evidence Links Red Meat to Balanced Diets;
Checking In On Chicken Wings;
Sponsored by Urner Barry's Prospector
If you cannot see this video, please click here
 
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Including Beef in Healthy Diets is a Smart Approach to Healthy Lifestyles

The National Cattlemen’s Beef Association (NCBA), a contractor to the Beef Checkoff, told members of the Dietary Guidelines Advisory Committee (DGAC) in oral comments that an overwhelming body of scientific evidence shows that healthy diets including red meat, like beef, support optimal health and well-being.

“Beef is a high-quality protein powerhouse providing a unique combination of bioavailable iron, zinc and B vitamins essential to building and maintaining strength from infancy through our later years,” said Shalene McNeill, PhD, RD, NCBA Executive Director of Nutrition Research...

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Jul 11 1:59 PM, General News


The Packaged Burgers Market at a CAGR of Almost 8% During the Forecast Period

Packaged burgers are sold in ready-to-eat and ready-to-cook forms by food retailers such as supermarkets, hypermarkets, convenience stores, and others. This packaged burgers market analysis considers the revenue generated from the sales of frozen burgers, chilled burgers, and fresh burgers. Our analysis also considers the sales of packaged burgers in North America, Europe, APAC, MEA, and South America.

In 2018, the frozen burgers segment had a significant market share, and this trend is expected to continue over the forecast period...

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Jul 11 10:35 AM, General News


Pork and Beef Exports Rebound in May; Volume and Value Reach 2019 Highs

May exports of U.S. pork and beef were steady with last year’s strong volumes and increased year-over-year in value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Pork exports totaled 217,999 metric tons (mt) in May, steady with last year’s pace, while value increased 1% to $567.8 million – the highest monthly value total since April 2018. For January through May, pork exports were still 4% below last year in volume...

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Jul 9 12:02 PM, General News


Burger King Restaurants Introduces the $1 Crispy Taco

Taco-bout a surprise. Starting today, BURGER KING® restaurants are introducing a $1 Crispy Taco nationwide*. The Crispy Taco features a crispy, crunchy tortilla filled with seasoned beef, shredded cheddar cheese and crisp lettuce, all topped with just the right amount of our savory taco sauce. Perfect as a snack on the go, the Crispy Taco can also be added to any meal order for just $1.

In a new commercial, the BURGER KING® King travels to Austin, TX, a city known by some as the...

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Jul 9 9:48 AM, General News


NCBA, State Affiliates Urge Congress to Ratify USMCA

The National Cattlemen’s Beef Association (NCBA) today sent a letter signed by 39 of its state affiliates to U.S. Senate and House leaders urging them to support the swift ratification of the U.S.-Mexico-Canada Agreement (USMCA).

The letter to Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, House Speaker Nancy Pelosi, and House Minority Leader Kevin McCarthy is NCBA’s latest salvo in the battle to build support for USMCA ratification, coming less than two weeks after the group launched a new media campaign to push the accord...

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Jul 9 9:42 AM, General News


Jul 9 9:24 AM, Urner Barry Video

 

May Exports of U.S. Pork and Beef Steady;
Bristol Bay’s Salmon Harvest Successsful;
Sponsored by The Meat Buyer's Guide Online
If you cannot see this video, please click here
 
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REPORTER: Beef Demand Remains Strong in the Face of Growing Supplies 

This article was originally featured in the Summer 2019 Edition of Urner Barry's Reporter magazine.
 
 
It is incredible to see how beef continues to see strong demand throughout the world. On the domestic front, consumers are backed by the strength of the economy. The United States remains at record low unemployment, with the latest April reading at 3.6 percent. This has led to wage pressure and consumers have more money in their pockets to spend as a result. This is important as increased protein consumption...
 
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Jul 9 9:07 AM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

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Jul 8 2:22 PM, Urner Barry


Jul 8 9:18 AM, Urner Barry Video

Alternative Proteins Expand at Retail;
Movers of the Week from the HRI Buyers Guide;
Sponsored by Obsono's Market Insight
If you cannot see this video, please click here
 
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Jul 5 9:17 AM, Urner Barry Video

Burgers Risk Losing Affordability;
Checking In On Turkey Values;
Sponsored by Urner Barry's Prospector
If you cannot see this video, please click here
 
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REPORTER: Internal Growth and Export Opportunities in the Mexican Beef Market 

This article was originally featured in the Summer 2019 Edition of Urner Barry's Reporter magazine.
 
 
Mexican beef production continuously increased each month throughout 2018. Last year’s annual beef production totaled 1.98 million metric tons, a 2.8% increase from 2017. Although production has continued to expand...
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Jul 5 8:21 AM, Urner Barry


Brazil Once Again Becomes the World’s Largest Beef Exporter

In 2018, Brazil was the world’s largest exporter of beef, providing close to 20 percent of total global beef exports, outpacing India, the second-largest exporter, by 527,000 metric tons carcass weight equivalent (CWE). Moreover, USDA projects that Brazil will continue its export growth trajectory for the next decade, reaching 2.9 million metric tons, or 23 percent of the world’s total beef exports, by 2028.

Brazil has the world’s second-largest cattle herd—232 million head—and its production is largely based on grass. Increased beef demand worldwide has stimulated increased production and productivity gains. In 2018, Brazil reached its highest level of beef production at 9.9 million metric tons. According to a September 2018 report by USDA’s Foreign Agriculture Service (FAS), programs...

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Jul 3 10:03 AM, General News


REPORTER: Big Cattle Numbers Seen in 2019 

This article was originally featured in the Summer 2019 Edition of Urner Barry's Reporter magazine.
 
 
 
There are a lot of cattle on U.S. pastures and feedlots in 2019. Domestic cattle supplies have rebounded significantly in the last five years from the 60-year low hit in 2014. In fact, as of January 1 the herd was the largest since...
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Jul 3 9:42 AM, Urner Barry


Beef. It's What's For Dinner. Keeps Sizzlin' with New Ads

The iconic Beef. It's What's For Dinner. brand keeps consumers craving beef with the release of its latest drool-worthy creative digital advertisement collection – "Keep Sizzlin'".

The new collection features beef being cooked with the following popular techniques:

  • Grilling
  • Smoking
  • Stir-fry
  • Sous Vide
  • Cast Iron

The new "Keep Sizzlin'" collection is inspired by the success of the original "Sizzle" video, which caught the attention of consumers by...

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Jul 3 9:25 AM, General News


Crowd Cow Imports the A5 Wagyu Japanese Packer Brisket as New Product Offering

Crowd Cow, the online marketplace that sources its meat directly from the top 1% of farms and ranches across the country, including Japan for its Wagyu products, announced today that they have exclusively imported a limited amount of Japanese A5 Wagyu "Packer Briskets" into the United States. These briskets, the popular cut for barbecuing that comes from the lower chest of the cow, have a unique cut plan, different from that of a domestic brisket, which lends itself to weighing in at over 30 pounds untrimmed. Even more rare and exclusive are the fewer than 20 Olive Wagyu Briskets from Kagawa that Crowd Cow is offering. The marbling and tenderness of authentic Japanese A5 Wagyu produces...

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Jul 2 9:31 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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Jul 1 3:02 PM, Urner Barry


REPORTER: Demand from China Affects Imported Boneless Beef Prices in the US
 
This article was originally featured in the Summer 2019 Edition of Urner Barry's Reporter magazine.
 
China continues to create a vacuum for the world’s beef supplies. Ten years ago, China imported 32 million pounds of beef from the rest of the world. Australia was officially the largest exporter to China, and it took only...
 
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Jun 28 8:30 AM, Urner Barry


This Week in Retail: Outlook for the Fourth

Hard to believe it, but the 4th of July is just around the corner. With at or near record production levels in U.S. protein, the industry is counting on good weather and hungry consumers to move some product at retail.

Urner Barry’s weekly retail beef feature index is down roughly 4% compared to the 3-year average—and is also the lowest in 6 years for the current week.  Beef has consistently stolen the top spot for overall feature volume over competing proteins recently, with few exceptions. This week, beef claims 26% of protein ad volume and is on track to be the number one category for the week of July 4th as well.

Burgers are arguably the most popular grilling item for large Independence Day gatherings in backyards across America. The year-to-date average for 80% lean ground beef is...

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Jun 28 8:22 AM, UB Newswires


Interstate Hotels & Resorts Breaks Out of the Bun with New Beyond Burger Promotion

As consumers are increasingly changing their diets to plant-based foods, Interstate Hotels & Resorts – a global leader in third-party hotel and resort management – is going beyond traditional menus at the company's hotels and restaurants this summer through a partnership with Beyond Meat® (NASDAQ: BYND) and their famous Beyond BurgerTM.

From July 15 – October 31, 2019, Interstate's restaurant and banquet menus will feature recipes using the Beyond Burger, a plant-based take on the perfect summer meal. With a mission to create the Future of Protein®, Beyond has designed a revolutionary plant-based burger to have the meaty taste, texture and versatility consumers love about ground beef, but with the added health and sustainability benefits of plant-based meat.

With 7.3 million people in the U.S. alone following a vegetarian-based diet, of which 1 million are vegan, Interstate wanted to reach all guests with menu options that appeal to vegetarians and vegans, as well as meat-eaters by offering...

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Jun 25 8:18 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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Jun 24 2:47 PM, Urner Barry


Hardee’s Introduces Latest Burger Innovation

Hardee’s® has announced the launch of one of its best-tested menu items – the new Garlic Bread Thickburger® – coming to stores June 19, 2019. The brand will also debut Cheesy Garlic Fries, the perfect complement to any Hardee’s meal.

The Garlic Bread Thickburger includes a 1/3 lb. 100% Black Angus beef patty, charbroiled over an open flame, topped with a buttery garlic herb spread, parmesan crisps and caramelized onions on Hardee’s buttery toasted sourdough bread.

“We’re thrilled to introduce our latest burger innovation, the Garlic Bread Thickburger, the perfect marriage of house-made toasty garlic bread and premium charbroiled Angus beef,” said Owen Klein, Vice President of Culinary Innovation at CKE Restaurants. “This new flavor combination tested far beyond our expectations, and we know consumers everywhere will be instant fans...

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Jun 20 2:06 PM, General News


Tyson Foods: We’re Activating the Ingredients for More Growth

Tyson Foods, Inc. (NYSE: TSN) continues to meet changing consumer needs and is well-positioned for long-term, sustainable growth, company officials told investors and analysts today during Tyson Foods’ Investor Day at the New York Stock Exchange.

Chairman John Tyson, President and CEO Noel White and members of the company’s senior management team spoke at the event, which showcased the strength of Tyson’s diversified portfolio, execution of its long-term growth strategy, efforts to increase its value-added product offerings, continued innovation in food and sustainability, and expansion into new global markets.

“We’re poised for long-term growth because we understand consumers and can meet their needs through a broad portfolio of diverse products,” said White. “As we look ahead, prepared foods and value-added chicken are expected to be...

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Jun 20 12:14 PM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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Jun 17 3:15 PM, Urner Barry


Table 87 Frozen, LLC Recalls Pork and Beef Pizza Products

Table 87 Frozen, LLC., a Brooklyn, N.Y. firm, is recalling an undetermined amount of frozen pizza products containing pork and beef that were produced without the benefit of federal inspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The scope of this recall now includes ready-to-eat, prosciutto and pepperoni pizza products produced from June 3, 2017 through June 4, 2019. The following products are subject to recall...

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Jun 14 1:39 PM, General News


EU Plans for U.S. Specific Quota on High-Quality Beef Imports

The European Union (EU) plans to provide the U.S. with a country-specific quota for high-quality beef imports, according to a report from Australian trade publication Beef Central. The U.S. Trade Representative and the European Commission reached an agreement in March to grant the U.S. a country-specific share of the 45,000 metric tons duty-free quota. The U.S. will receive an initial allocation of 18,500 tons from the 45,000 tons EU grainfed quota, increasing to 35,000 tons over the next seven years, according to the report. The other major suppliers, Uruguay, Australia and Argentina will share the remainder of the quota volume. Consultations with these other suppliers have now occurred and the next step in the process is for the European Commission to formally begin...

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Jun 13 9:49 AM, General News


NAMI Joins More than 950 Groups to Call for Swift Congressional Ratification of the USMCA

The North American Meat Institute today joined more than 950 organizations representing the U.S. food and agriculture industries to urge Members of Congress to swiftly ratify the U.S.-Mexico-Canada Agreement (USMCA).

In a letter sent to Congress, more than 950 groups representing the U.S. food and agriculture value chain at the national, state and local levels called on Congress to support the ratification of USMCA. The letter reiterates that USMCA will benefit the U.S. agriculture and food industry while providing consumers a more abundant supply of high-quality, safe food at affordable prices...

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Jun 11 11:58 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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Jun 10 2:32 PM, Urner Barry


April Beef and Pork Exports Below 2018 Levels; Lamb Still Trending Higher

April exports of U.S. beef and pork were lower than a year ago while U.S. lamb exports continued their upward trend, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Beef exports totaled 105,241 metric tons (mt) in April, down 5% year-over-year, though export value was down only slightly at $674.2 million. For January through April, exports were 4% below last year’s record pace in volume (412,547 mt) and 1% lower in value ($2.58 billion).

On a per-head basis, beef export value per head of fed slaughter averaged $305.61 (down 7% from April 2018). The January-April average was $308.34 per head, down 3% from a year ago...

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Jun 7 2:15 PM, General News


This Week in Retail: Looking Ahead to Father’s Day Spending

Father’s Day is coming up on Sunday, June 16th, and retailers are prepping for the second big grilling holiday of the summer.

According to the National Retail Federation, Father’s Day spending in 2019 is expected to reach an all-time high of $16 billion. That’s up from last year’s $15.3 billion. This monumental spending figure still, however, pales in comparison to spending for Mother’s Day, coming in at a whopping $25 billion.

Mother’s Day has long been known as a foodservice holiday, but Father’s Day tends to favor grilling at home with some quality steaks, burgers, chops or ribs. The NRF also reports that spending for Father’s Day has grown 70 percent over the last decade, with special outings playing a big part of that growth, accounting for a projected $3.3 billion. With 76 percent of...

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Jun 7 8:14 AM, UB Newswires


Hard Rock International Debuts its Most Extensive Menu Innovation

Hard Rock International is announcing its most extensive menu innovation in the company's history with more than 20 new offerings debuting in locations around the world on Friday, June 14, 2019. The legendary restaurant's new menu puts the spotlight on its lineup of all-new, award-winning Steak Burgers, headlined by the world's first edible 24-Karat Gold Leaf Steak Burger™ that will benefit Action Against Hunger.

Steak Burgers aren't the only items making their debut on Hard Rock's new menu, which also includes Instagram-worthy Boozy Milkshakes, Sliders and Shareables that encourage adventure and exploration, allowing fans to curate their most flavorful playlist. The global launch of the new menu coincides with...

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Jun 6 2:05 PM, General News


American Angus Association Names Mark McCully CEO

The American Angus Association Board of Directors is pleased to announce Mark McCully as the new chief executive officer of the American Angus Association, effective June 10, 2019.

McCully will serve as the chief executive officer for the American Angus Association and for each of the Association’s subsidiaries: Angus Media, Certified Angus Beef LLC, Angus Genetics Inc., and the Angus Foundation.

“This truly is a proud day for the Association and the breed,” said John Pfeiffer, Association president. “Mark has grown up in the cattle business and possesses unique insight into all segments of beef production, his knowledge and leadership have served CAB well, and he will help to continue to drive the demand for...

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Jun 6 12:00 PM, General News


NAMI Calls on California Department of Food and Agriculture to Postpone Implementation of Prop 12

The North American Meat Institute (NAMI) today submitted public comments regarding California’s Proposition 12 calling for postponement of the law’s implementation so multiple problems affecting consumers and producers may be addressed.

“The Meat Institute appreciates the opportunity to submit these comments,” said Mark Dopp, Senior Vice President of Regulatory and Scientific Affairs and General Counsel in comments submitted on behalf of NAMI. “NAMI wishes to repeat its request that CDFA [California Department of Food and Agriculture] postpone implementing Prop 12 for at least two years and longer as necessary to ensure conversations and a common understanding among the agency, the industry, and consumers about...

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Jun 4 9:59 AM, General News


Tyson Foods Completes Acquisition of Thai and European Businesses from BRF S.A.

Tyson Foods, Inc. (NYSE: TSN) announced today the successful completion of the acquisition of the Thai and European businesses from BRF S.A. The purchase includes four production facilities in Thailand, and one each in the Netherlands and the United Kingdom. These businesses build on the company’s growth strategy to expand offerings of value-added protein in global markets.

“The addition of this experienced and talented team combined with these businesses strengthens our capabilities and increases our reach to new markets. I’m glad to welcome them to the Tyson Foods family,” said Noel White, president and CEO of Tyson Foods. “We’re now strategically aligned to better serve customers in Europe, the Middle East, and Asia, building on our global strategy.”

It’s estimated that approximately 90 percent of global protein consumption growth will occur outside the United States, with 60 percent of the volume growth coming from...

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Jun 4 9:51 AM, General News


Beef Quarterly Q2 2019: Changing of the Guard in the Beef Trimmings Market

The world’s largest beef importer, China, is at the centre of growth in beef trade in general, and trimmings trade specifically. Many of the cuts imported by China have been to satisfy the local cuisine. But as diets and foodservice change, this now includes a growing trend in trimmings trade.

The growing demand for trimmings from Asian countries will create additional competition for the US but it is not expected to shift the market yet. Suppliers of trimmings into the global market should be conscious of possible changes in the trade. While steady growth is evident in the Chinese market to date, a short-term demand increase across all proteins as a result of African Swine Fever will likely cause a spike in demand for trimmings...

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May 31 11:03 AM, General News


This Week in Retail: Wholesale vs. Retail Action

There are two sides to every story, and the retail meat situation is no different. This week in retail, we look at some of the dynamics at play in the wholesale arena for beef and pork and how retail has responded.

There seems to be a contra-seasonal trend happening in the wholesale boxed beef market, for grilling items in particular. The loin complex—where we get strip steaks, T-bones, porterhouse steaks and filets—is currently moving in a contrary direction to its historical norms, residing at multi-year lows.

When we look at the retail items derived from this market, bone-in rib steaks are featured nearly 19 percent below year ago levels, at an average $7.19 per pound. Boneless strip steaks are down a whopping 29 percent from this time last year! Porterhouse steaks are right about on par with year ago levels, while T-bones are down 20 cents per pound. Tenderloin filets are down nearly...

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May 31 8:45 AM, UB Newswires


JBS USA Announces Nearly $100M Investment at Grand Island Beef Production Facility

JBS USA, a leading U.S.-based, global food company, today announced a $95 million expansion project at its Grand Island, Neb., beef production facility. The project includes new, improved animal handling facilities, a state-of-the-art, temperature-controlled harvest floor and facility reconfiguration designed to improve team member experience, food safety and product quality.

The 107,000 square-foot expansion and facility enhancements will better position the company to sustainably meet evolving customer and consumer expectations for high-quality, great-tasting U.S. beef products. This expansion project has already begun and is anticipated to be completed in early 2021. Operations at Grand Island will...

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May 29 11:39 AM, General News


United States-Colombia Trade Promotion Agreement Pays Dividends to American Farmers and Exporters

The United States-Colombia Trade Promotion Agreement (CTPA) entered into force on May 15, 2012, laying the foundation for a surge in U.S. agricultural exports. Since 2012, U.S. agricultural exports to Colombia nearly tripled from $1.1 billion to $2.9 billion in 2018. Despite its geographic proximity to major U.S. competitors Brazil and Argentina, Colombia, the third-largest economy in South America, purchases half of its agricultural imports from the United States. Preferential access from CTPA and a strong Colombian economy have allowed the United States to increase its market share from 19 percent prior to CTPA, to 50 percent in 2018. Changing demographics, a growing middle-class, and consumer trends toward more modern retail outlets is expected to keep demand strong into the future for high-quality U.S. agricultural exports.

Colombian Macro-economic Trends and Changing Demographics

In addition to CPTA, political stability and a dynamic economy have contributed to Colombia becoming the United States’ 12th-largest destination for agricultural exports, up from...

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May 29 10:13 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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May 28 3:17 PM, Urner Barry


ANALYSIS: ASF Update; Changing Global Protein Flows

At the time of this report, African Swine Fever continues to spread generally unchecked through China and has more recently expanded to the neighboring nations of Hong Kong, Vietnam and Cambodia, in addition to the revelation that North Korea has been dealing with it since at least February. The lastest official numbers from China admit a 20.8% drop in the April hog herd vs last year and sow losses of 22.3% year over year. As China is notoriously selective with the amount and accuracy of data that they provide the world, this situation could be...

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May 28 10:05 AM, Urner Barry


Perdue Premium Meat Company to Acquire Panorama Meats

The nation’s largest producer of grass-fed, organic beef to grow with support of new resources

Panorama Meats®, the nation’s largest producer of 100 percent grass-fed and grass-finished certified organic beef, today announced they were joining Perdue Premium Meat Company, Inc., an industry leader in sustainable agriculture and humane animal care. Panorama will be the most recent brand to join the Perdue Farms family of sustainable premium meat companies that include Niman Ranch®, Coleman Natural®, Prairie Grove® and Sioux-Preme® Packing Co. Panorama’s nearly 50 independent family ranchers raise U.S. born cattle and span seven states and one million acres of USDA Certified Organic grasslands in Northern California, Southern Oregon, Montana, South Dakota, Nebraska, Wisconsin, and Colorado.

“Perdue Premium Meat Company brings long-term stability and shared resources that will...

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May 24 9:25 AM, Urner Barry


This Week in Retail: The Memorial Day Rundown

It’s finally here, the unofficial start to summer and the very official start to the grilling season. In the week leading up to Memorial Day weekend, the beef category claims the top spot for protein feature volume at 27 percent, followed by seafood at just under 26 percent.

Chicken managed to knock out pork for the number three spot with 22.5 percent of ad space, leaving pork with 18 percent. Cheaper grilling items like thighs and drumsticks helped boost chicken featuring volume this week. Meanwhile, the beef segment presents the ultimate showdown between ground beef and steak. In the pork complex, we see an increase in pork chop featuring, up nearly 8 percent week over week.

Taking a closer look at the beef complex, Urner Barry’s weekly retail beef index is right on par with the 3-year average at $5.85 per pound. This is down from the previous week’s index of $6.47 per pound. Ground beef features are modestly lower year over year at an average...

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May 24 8:35 AM, UB Newswires


USDA Releases Baseline Data on Antimicrobial Use by Beef and Swine Operations

The United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service is releasing the results of two national studies that examine antimicrobial use and stewardship on beef feedlots and on large swine operations during 2016.

The data USDA collected and studied will help animal health officials – as well as the human health community and consumers – better understand how antimicrobial drugs are used on livestock farms. The studies include details on what antimicrobials were used, why they were used and how they were administered...

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May 23 3:59 PM, General News


JBS USA Highlights 2018 Sustainability Accomplishments and Progress Toward 2020 Goals

JBS USA, a U.S.-based global food company, today announced the release of its 2018 Sustainability Report and progress toward 2020 sustainability targets. The report is the company’s first interactive, digital report and represents the most comprehensive and transparent view to date of the global company’s sustainability progress in its operations in Australia, Canada, England, France, Mexico, the Netherlands, Northern Ireland, New Zealand and the United States.

“At our core, we are a food company with a passion to be a part of the family meal, providing sustainable food solutions to our customers and consumers that they can proudly share and serve,” said Andre Nogueira, President and CEO of JBS USA. “The JBS USA 2018 Sustainability Report details our economic, social and environmental progress and the important role...

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May 23 9:53 AM, General News


Aurora Packing Company Inc Recalls Beef Products

Aurora Packing Company, Inc., a North Aurora, Ill. establishment, is recalling approximately 62,112 pounds of raw beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The raw beef products were packaged on April 19, 2019. This spreadsheet contains a list of the products subject to recall.

The products subject to recall bear establishment number “EST. 788” inside the USDA mark of inspection. These items were shipped nationwide for further distribution and processing...

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May 23 9:34 AM, General News


Restaurant Food Costs: What does ASF Mean for Protein Prices in the US?

Rabobank expects food costs in the US to increase in the second half of the year, as protein prices are impacted by stronger export demand following the African Swine Fever (ASF) outbreak. Pork and chicken prices will be the most impacted. Beef will be the last to see increases materialize, but QSR patty prices are expected to be the most vulnerable component. If a trade agreement with China were to be brokered, price increases would be faster and steeper.

Restaurants Should Expect Rising Protein Prices

For the past two years, restaurants have been favored by a relatively benign food cost environment, which helped compensate for rising costs in other areas (labor, real estate). We expect this situation to change (for proteins) towards the second half of the year and...

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May 22 9:12 AM, General News


BEF Foods Inc Recalls Beef Products

BEF Foods, Inc., a Lima, Ohio establishment, is recalling approximately 527 pounds of beef pasta products that were produced without the benefit of federal inspection and outside of inspection hours, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The ready-to-eat beef stroganoff pasta items were produced on May 3, 2019. The following products are subject to recall...

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May 22 8:46 AM, General News


Kansas Cattlewoman to Senate Climate Change Hearing: "Beef Cattle Industry has Great Story to Tell" 

Testifying on behalf of the National Cattlemen's Beef Association, Kansas cattle producer Debbie Lyons-Blythe delivered a clear message at a U.S. Senate Agriculture Committee hearing on climate change this morning.

“The U.S. cattle industry is proud of its history as stewards of our nation’s natural resources,” Lyons-Blythe testified at the Committee’s hearing on Climate Change and the Agricultural Sector. “The industry takes very seriously its obligation to protect the environment while providing the nation with a safe and affordable beef supply. Cattle producers are America’s original conservationists, and we work hard every day to ensure that we can...

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May 22 8:16 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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May 21 10:29 AM, Urner Barry


Industry Reacts to U.S. Lifting Metal Tariffs on Canada and Mexico 

On Friday, the United States and Canada announced a deal to remove tariffs on Canadian steel and aluminum in exchange for keeping dumped metals from China and other countries out of the United States, paving the way for a similar pact with Mexico. The quota-free deal eliminated the U.S. metal tariffs as well as Canada's retaliatory tariffs on about $12 billion worth of U.S. products, including pork and beef. The 25% tariff on steel and 10% tariff on aluminum from Canada and Mexico were a major hurdle to ratification of the new trade deal to replace the North American Free Trade Agreement.

U.S. Secretary of Agriculture Sonny Perdue stated that Congress should swiftly move to ratify the USMCA after the Section 232 Tariffs were removed from Canada and Mexico. "The announcement is a big win for American agriculture and the economy as a whole. I thank President Trump for negotiating a great deal and for negotiating the removal of these tariffs...

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May 21 8:14 AM, Urner Barry


Vienna Beef Ltd Recalls Beef Products

Vienna Beef Ltd., a Chicago, Ill. establishment, is recalling approximately 2,030 pounds of beef frank links products that may be contaminated with extraneous materials, specifically metal, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The beef frank links items were produced on May 2, 2019. The following products are subject to recall...

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May 20 9:03 AM, General News


U.S. Beef Gains Full Access to Japan

U.S. Secretary of Agriculture Sonny Perdue today announced that the United States and Japan have agreed on new terms and conditions that eliminate Japan’s longstanding restrictions on U.S. beef exports, paving the way for expanded sales to the United States’ top global beef market. Last week, on the margins of the G-20 Agriculture Ministerial Meeting in Niigata, Japan, Secretary Perdue met with Japanese government officials and affirmed the importance of science-based trade rules. The new terms, which take effect immediately, allow U.S. products from all cattle, regardless of age, to enter Japan for the first time since 2003.

“This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious U.S. beef,” Secretary Perdue said. “We are hopeful that Japan’s decision will help...

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May 17 11:30 AM, General News


Which Rules the Roost When it Comes to Restaurant Orders: Burgers or Chicken Sandwiches?

Burgers have been a top item ordered at U.S. restaurants for decades but chicken sandwiches have come on strong over the last several years. There are more chicken sandwich restaurant concepts and chicken sandwiches are appearing on more menus. So have burgers been knocked off their perch by chicken sandwiches? “No,” says The NPD Group, which daily tracks U.S. consumers use of restaurants and other foodservice outlets. Burgers still rule the roost and are the top sandwich ordered overall.

By the numbers, the average number of times a customer purchased a burger at a restaurant over the 12-month period ending February 2019 was 14.7 times and the customer purchase frequency of chicken sandwiches was 8.7, according to NPD’s receipt harvesting service, Checkout, which tracks...

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May 16 8:22 AM, General News


Cargill Invests in Cultured Meat Company Aleph Farms

The demand for protein is expected to grow 70% over the next 30 years as the global population increases significantly. With an eye to complementing its focus on animal protein, Cargill announced today it will invest in Aleph Farms, a cultured meat company focused on growing complex meat varieties like steak.

Cargill is participating in a Series A investment round led by VisVires New Protein and joined by several other investors looking to move Aleph Farms’ product from prototype to the commercial marketplace. Aleph Farms grows meat directly from beef cells using a 3D tissue engineering platform. In December 2018, it achieved a world-first by demonstrating...

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May 14 9:18 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

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May 13 4:13 PM, Urner Barry


First Quarter Beef, Pork Exports below Last Year’s Pace; Lamb Exports Trend Higher

For the first quarter of 2019, U.S. beef exports were slightly below last year’s record pace while pork exports continued to be slowed by trade barriers, according to March data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. lamb exports were a first quarter bright spot, trending significantly higher than a year ago.

March beef exports totaled 107,655 metric tons (mt), down 4% year-over-year, while value fell 2% to $678 million. For the first quarter, exports were down 3% at 307,306 mt valued at $1.9 billion (down 0.8%).

March beef exports were very strong on a per-head basis, with export value per head of fed slaughter averaging $335.81 – up 1% from a year ago and the highest since December...

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May 13 2:16 PM, General News


HelloFresh Elevates the At-Home Dinner Experience with the Launch of New Premium Menu Items

HelloFresh SE (HFG), the leader in delivering delicious ingredients and easy-to-follow recipes to households worldwide, today announced the launch of two new premium menu offerings: Craft Burgers and Taste Tours. Beginning today, customers can select from an alternating menu of Craft Burgers and Taste Tours dishes that are designed to elevate the at-home cooking experience by bringing everything needed to create fully-loaded burgers and flavorful global cuisines right to your doorstep.

Upping the ante on HelloFresh’s beloved burger offerings, the new Craft Burgers bring a gastropub experience to the kitchen table with loads of gourmet toppings like truffle, bacon, and caprese-style. For home cooks who love global cuisine like dim sum and paella, the new Taste Tours dishes take customers on...

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May 13 12:08 PM, General News


Cattle Industry’s Beef Quality Assurance Program Develops, Distributes Extensive National Manual

An official manual for the Beef Quality Assurance program that is both detailed and extensive is now being distributed nationwide throughout the cattle industry. The manual and the BQA Program are both managed by the producer education team at the National Cattlemen’s Beef Association, a contractor to the Beef Checkoff.

The 124-page manual addresses topics such as food safety, animal well-being, worker safety and environmental stewardship. It provides specific information to help producers approach management decisions in a way that acknowledges a responsibility to the animals, consumers, the environment and the larger beef industry.

The manual includes the most current set of key practices, guidelines and suggestions for providing thoughtful and responsible cattle management. A helpful resource for....

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May 10 10:15 AM, General News


May 10 8:52 AM, Urner Barry Video

This month kicks of the summer grilling season;
Evan Addis gives us the latest chicken analysis;
Sponsored by Urner Barry's Prospector
If you cannot see this video, please click here
 
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This Week in Retail: Grocery Outlook for May—Beef, Chicken Steal the Show

It’s finally here—the month that unofficially kicks off the summer grilling season and features several retail buying occasions to boost spending.

May brings about warmer weather conducive to grilling activities, along with graduation parties, Mother’s Day and, of course, the big kahuna—Memorial Day. Healthy demand on the wholesale side has already been evident for some time as packers and processors prepare for retail and foodservice needs.

Mother’s Day is well known to be a foodservice holiday, but increasingly, the grocery segment has managed to compete with foodservice through convenience offerings like prepared foods, meal kits, catering, and deli. And, with the cost of food away from home growing at a faster rate than that of... 

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May 10 8:35 AM, UB Newswires


May 9 9:03 AM, Urner Barry Video

WalMart sustainability Index;
Turkey Thigh Meat Quotations;
Sponsored by COMTELL's New Phone App
If you cannot see this video, please click here
 
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Imported Beef: A Truly Global Market

Joe Muldowney, CEO of Urner Barry sits down to discuss in detail how the global economy and conditions surrounding red meat have impacted supply and pricing...

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May 8 10:14 AM, Urner Barry


May 8 9:14 AM, Urner Barry Video

Kroger's Meal Kit Announcement;
Latest Soybean and Corn Crop Figures;
Sponsored by Obsono’s Market Insight Report
If you cannot see this video, please click here
 
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Kroger and Home Chef Launch Pilot for Three New Retail Meal Solutions

The Kroger Co. (NYSE: KR) and Home Chef announced today a pilot to enhance its existing selection of meal kits sold in more than 900 Kroger Family of Stores across the country with three new options.

  • Home Chef Oven-Ready meals feature fresh, ready-to-cook ingredients packed in an oven-safe tin to make both meal preparation and clean-up quick and effortless.
  • Home Chef Heat & Eat meals are delicious, fully-cooked, ready-to-heat meals, proteins and sides that can be prepared in as little as five minutes.
  • Home Chef Lunch Kits include salads, grain bowls, sandwiches and more with fully cooked proteins and can be prepared easily...
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May 8 8:21 AM, General News


May 7 9:34 AM, Urner Barry Video

The National Retail Federation has issued a response to raise tariffs;
Frozen ready meals market expected to grow;
Sponsored by The Meat Buyer's Guide Online
If you cannot see this video, please click here
 
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CHART: Industry Expectations for Weekly Cattle Slaughter

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May 6 3:10 PM, Urner Barry


Tyson says Hog Disease Impact to Linger for Years

Global meat prices are poised to rise after China culled tens of millions of hogs to contain a fast-spreading swine disease, the chief executive of Tyson Foods Inc. said.

The top U.S. meat processing company already is paying higher prices for U.S. hogs and other meat as Chinese buyers crank up purchases, Tyson executives said Monday. In the months ahead, Tyson anticipates higher meat costs for consumers, as well as stronger profits in its own pork, beef and chicken-processing operations.

Noel White, CEO of the Arkansas-based company, said the potential impact of the past year's African swine fever outbreaks was unprecedented, and could lower global meat supplies by 5% at a time when protein consumption is on the rise world-wide...

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May 6 3:07 PM, Urner Barry


May 6 9:24 AM, Urner Barry Video

The National Cattleman’s Beef Association New Legislation;
HRI Movers of the Week;
Sponsored by Obsono's Market Insight
If you cannot see this video, please click here
 
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Tyson Foods Reports Strong Second Quarter Fiscal 2019 Results

Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

First Six Months Highlights

  • GAAP EPS of $2.67, down 49% from record prior year (prior year included a one-time tax benefit of $2.71)
  • Adjusted EPS of $2.78, down 10% from record prior year
  • GAAP operating income of $1,442 million; Adjusted operating income of $1,495 million
  • Total Company GAAP operating margin of 7.0%; Adjusted operating margin of...
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May 6 8:47 AM, General News


NCBA Welcomes Legislation Aimed to Help Livestock Haulers

The National Cattlemen’s Beef Association today welcomed the introduction of legislation in the U.S. Senate aimed at reforming federal Hours of Service (HOS) rules in a way that ensures animal welfare, highway safety, and the well-being of livestock haulers. S. 1255, the Transporting Livestock Across America Safely Act, was introduced by Senator Ben Sasse (R-NE) with a bipartisan group of original cosponsors, including Senators Deb Fischer (R-NE), Kevin Cramer (R-ND), Jim Risch (R-ID), Steve Daines (R-MT), Marco Rubio (R-FL), Jon Tester (D-MT), Tina Smith (D-MN), Mike Crapo (R-ID), Pat Roberts (R-KS), Cindy Hyde-Smith (R-MS), Jerry Moran (R-KS), Doug Jones (D-AL), John Hoeven (R-ND), Mike Rounds (R-SD), Mike Braun (R-IN), Mike Enzi (R-WY), Joni Ernst (R-IA), and James Lankford (R-OK).

“The current Hours of Service rules for livestock haulers present major challenges for our industry and can often jeopardize the health and well-being of livestock,” said Colin Woodall, NCBA’s senior vice president of government affairs. “Hauling livestock is inherently different than hauling typical consumer goods, like paper towels or bottles of water. Live cattle cannot...

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May 3 12:49 PM, General News


May 3 9:31 AM, Urner Barry Video

U.S. Exports for Meat Commodities;
Chicken Price Analysis;
Sponsored by Urner Barry's Prospector
If you cannot see this video, please click here
 
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Vegan Burger Maker Beyond Meat Sizzles in Market Debut

Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on the growing popularity of plant-based meat alternatives.

The stock opened at $46, well above its IPO price of $25, giving Beyond Meat a market capitalization of around $2.75 billion, including underwriters' option.

Shares surged to $50 just minutes after starting to trade and were halted due to volatility. They have since resumed trading at more than...

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May 3 8:32 AM, General News




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