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ANALYSIS: A Jumbo/Medium Chicken Breast Meat Inflection Point

Over the years, medium-sized boneless breasts have enjoyed an unyielding premium over their jumbo-sized counterparts...

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Jun 5 8:11 AM, Urner Barry



USDA Announces Transition to Preventive Plan for Virulent Newcastle Disease in California

The United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) is announcing that effective today, we are transitioning our virulent Newcastle disease (vND) efforts in southern California from a response focus to implementing a prevention plan aimed at keeping vND from recurring in the region. Even with extensive testing taking place, APHIS has not confirmed any new vND cases since February 1, 2020. As a result, the California Department of Food and Agriculture (CDFA) is removing its vND quarantine.

“APHIS and CDFA employees have worked tirelessly over the past two years toward this goal,” said Dr. Burke Healey, USDA Chief Veterinarian. “While this is a big accomplishment, we need to continue...

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Jun 4 8:10 AM, General News


Blue Apron Partners with Award-Winning Chef to Create Sizzling Summer Dishes

Award-winning chef and restaurateur, Tim Hollingsworth, has created a menu of recipes inspired by his famous cooking style exclusively for Blue Apron to bring seasonal, summertime staples to home cooks across the country. Beginning the week of June 29 through the week of July 20, Blue Apron customers can channel their inner gourmet chef with new, elevated takes on family favorites curated specially by Hollingsworth in partnership with Blue Apron's culinary team.

Known for using high quality and sustainable ingredients, Hollingsworth combines the flavors and memories of the backyard cookouts of his Texas childhood with California cuisine and his wife Coco's Lebanese culinary traditions, into restaurant-quality dishes that can be made at home...

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Jun 2 8:13 AM, General News


Nestle Prepared Foods Company Recalls Lean Cuisine Fettuccini Alfredo Products

Nestle Prepared Foods Company, a Jonesboro, Ark. establishment, is recalling approximately 29,002 pounds of chicken product labeled as Lean Cuisine Fettuccini Alfredo because the product contains undeclared soy, a known allergen, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The Lean Cuisine Fettuccini Alfredo is not supposed to contain chicken and chicken does not appear in the ingredients statement or on the label.

The frozen, Lean Cuisine Fettuccini Alfredo products were produced and packaged on April 22, 2020. The following products are subject to recall...

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May 29 11:49 AM, General News


ANALYSIS: A Bird’s Eye View of YTD Chicken Production

With mid-year just around the corner, this week we thought it would be a good opportunity to investigate how chicken headcount and average live weights are stacking up against...

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May 29 8:23 AM, Urner Barry


Sanderson Farms Reports Results for Second Quarter of Fiscal 2020

Sanderson Farms, Inc. today reported results for its second fiscal quarter and six months ended April 30, 2020.

Net sales for the second quarter of fiscal 2020 were $844.7 million compared with $845.2 million for the same period a year ago. For the quarter, the Company reported net income of $6.1 million, or $0.28 per share, compared with net income of $40.6 million, or $1.83 per share, for the second quarter of fiscal 2019.

Net sales for the first six months of fiscal 2020 were $1,667.8 million compared with $1,588.6 million for the same period of fiscal 2019. The net loss for the first half of the fiscal year totaled $32.5 million, or $1.48 per share, compared with net income of...

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May 28 8:18 AM, General News


Conagra Brands Recalls Frozen Not-Ready-To-Eat Chicken and Turkey Bowl Products

Conagra Brands, Inc., Russellville, Ark. and Marshall, Mo. establishments, are recalling approximately 276,872 pounds of not ready-to-eat chicken and turkey bowl products because the products may contain extraneous material, specifically small rocks, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The scope of this recall has been expanded to include Healthy Choice Power Bowls Chicken Feta & Farro Bowls, Healthy Choice Power Bowls Unwrapped Burrito Scramble Power Bowls, and Healthy Choice Power Bowls Turkey Sausage & Egg Scramble Power Bowls produced on various dates. The products were produced at two different establishments.

The following additional products are subject to recall...

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May 26 9:23 AM, General News


ANALYSIS: COVID 19 Rooted Chicken Production Cutbacks on Tap 

Not a day goes by when the immediate and future potential impact of COVID-19 isn't central to dialogue...

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May 22 8:15 AM, Urner Barry


Field Roast Expands Frozen Portfolio with Plant-Based Nuggets

Field Roast Grain Meat Co, owned by Greenleaf Foods, has added Plant-Based Nuggets to its portfolio of frozen plant-based appetizers and entrees. The crispy, bite-size nuggets feature a bold, inspiring taste and expand the brand’s frozen portfolio that also includes Fruffalo Wings and Miniature Corn Dogs.

“Remember the joy that a chicken nugget could bring you as a kid?,” said Dan Curtin, president of Greenleaf Foods. “We’re bringing that back with an absolutely delicious plant-based nugget...

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May 22 8:14 AM, General News


Nestlé Introduces New Life Cuisine 

Nestlé is introducing Life Cuisine, an exciting new brand delivering delicious and satisfying meal solutions to match the approach to eating well. From gluten-free to high-protein, Life Cuisine is made with flavorful ingredients that help power your day.

Over the years, the definition of wellness has evolved from calorie-conscious eating to a more holistic approach that extends well beyond just what's on your plate. Once-niche dietary trends like gluten free and meatless meals have also...

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May 20 8:12 AM, General News


May 19 8:08 AM, Urner Barry

Webinar: UB Insights Into COVID-19 Impacts on Red Meat, Poultry 

This exclusive UB Insights webcast, aired May 14, 2020, features Urner Barry experts discussing the volatility of the beef, pork, and poultry markets during the coronavirus pandemic. Featured are beef market reporter Gary Morrison, pork market reporter Russell Barton, poultry market reporter Russ Whitman, livestock staff writer Courtney Shum and moderated by editorial director Jamie Chadwick...

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ANALYSIS: Chicken Exports Spring Forward as China Makes a Comeback

The latest release of the USDA’s export figures help to paint a strong underlying picture to our trade relations with key export partners, and marks a significant return of...

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May 18 8:15 AM, Urner Barry


ANALYSIS: Seasonal Draw, or Supply Side Flaw?

As the immediate shock of COVID-19 begins to subside, market participants look to the stats in an attempt to...

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May 15 8:16 AM, Urner Barry


Consumers Continue to Purchase Meat from Restaurants and Retail Despite Coronavirus Concerns

Fear of the unknown proved to be true when observing consumers’ reaction to the emergence of COVID-19. When the virus first made its way to the United States, panic ensued. Grocery store shelves were depleted, and necessities like toilet paper were nowhere to be found. Consumers have come accustomed to finding resourceful solutions and are willing to be more flexible than ever before.

However, the coronavirus has thrown yet another curveball, with many meatpacking plants either temporarily closing or reducing operations. While consumers have stocked up on meat, there seems to be less panic this time around.

When Datassential asked consumers what best describes the way they eat today, nearly 69% described themselves as...

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May 15 8:15 AM, Urner Barry


The Consumer Perspective on the Potential Meat Shortage 

As warnings of a potential meat shortage seem to dominate headlines, consumers may begin to panic buy and stockpile proteins in case supply chain disruptions due to COVID-19 lead to empty meat cases at the grocery store. While retailers did see aisles that include toilet paper, paper towels, and cleaning products wiped out at the height of the pandemic, it is possible that consumers have already purchased meat products in bulk.

According to a recent survey conducted by Datassential, about 77% of consumers have at least one week's supply of meat on hand. This is followed by 26% having enough meat in the home to last about two to three weeks. Only 7% of respondents have run out of meat and will be purchasing more. Additionally, some shoppers purchased enough meat to last...

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May 12 8:15 AM, Urner Barry


ANALYSIS: Maintaining Perspective on Chicken Price Changes

As the shock and awe caused by the rapid market appreciation begins to subside and acceptance kicks in, this week we thought it would be a good opportunity to...

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May 8 8:09 AM, Urner Barry


Tyson Foods Reports Second Quarter 2020 Results

Tyson Foods, Inc., 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 $2.52, down 6% from prior year; Adjusted EPS of $2.43, down 13% from prior year
  • GAAP operating income of $1,327 million; Adjusted operating income of $1,395 million
  • Total Company GAAP operating margin of 6.1% and Adjusted operating margin of 6.4%
  • Record Beef GAAP operating margin of 6.6% and record Adjusted operating margin of 6.9%
  • Record total Company sales of...
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May 4 9:29 AM, General News


Cargill Launches New Plant-Based Products in China

Cargill announced it is launching a series of plant-based products in China, bringing more quality protein options to the Chinese market. The launch includes products for foodservice and a consumer-facing brand PlantEver. PlantEver is expected to debut in the Chinese market at the end of June and be available online and offline. 

“Our plant-based protein products were developed through extensive consumer engagement and research. We combine our knowledge and expertise in R&D and innovation to create some of the best tasting products in the plant-based category,” said Jackson Chan, managing director of Cargill Protein China. “The launch is just the beginning, we look forward to continuing to innovate. Our customers in China can count on a partner with...

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May 1 9:43 AM, General News


ANALYSIS: Chicken Processors Coping with COVID-19 Related Set Backs

In light of the recent challenges that COVID-19 has brought upon the chicken industry, this week we thought it would be a good opportunity to check in on the supply side of the equation to...

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May 1 8:24 AM, Urner Barry


Pilgrim’s Pride Reports Q1 2020 Results 

Pilgrim’s Pride Corporation reports first quarter 2020 financial results.

First Quarter Highlights

  • Net Sales of $3.07 billion.
  • Net GAAP Income of $67.3 million, including one-time $0.09 per share gain on case settlement.
  • Operating Income margins of 4.4% in U.S., -7.3% in Mexico and 2.8% in Europe operations, respectively.
  • Adjusted EBITDA of $165.5 million, or a 5.4% margin.
  • Strong focus in execution and dedication by our team members, combined with portfolio strategy of differentiated products, strong Key Customer relationships, and diversified global footprint reducing volatility of specific market conditions, especially under unprecedented Covid-19 impact at end of first quarter...
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May 1 8:21 AM, General News


Industry Reacts to President Trump’s Executive Order to Keep Meat Plants Operating 

President Trump intends to sign an executive order to ensure meat processing plants remain open during the coronavirus pandemic. The executive order will call on the Defense Production Act recognizing the facilities as a part of the United States’ critical infrastructure. This comes as concerns rise that the food supply chain will be disrupted as the virus spreads.

Julie Anna Potts, President and CEO of the North American Meat Institute, said, “By keeping meat and poultry producers operating, the President's Executive Order will help avert hardship for agricultural producers and...

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Apr 30 8:16 AM, Urner Barry


Chipotle Introduces New Lifestyle Bowls 

Chipotle Mexican Grill announced five new Lifestyle Bowls inspired by wellness experts and the Chipotle Together Wellness Live-Streams to help fans get back on track with their health and fitness goals.

Chipotle partnered with YouGov to better understand how consumers food behavior and patterns have shifted during this unprecedented time of social distancing. The brands' joint study found over a third of Americans surveyed (35%) are struggling to maintain healthy lifestyles, and over four in ten (44%) aren't maintaining...

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Apr 29 8:18 AM, General News


Urner Barry's Coronavirus Special Report - Volume II

The global COVID-19 pandemic is an unprecedented event in modern food production and trade. Its impacts are far reaching—affecting consumer purchasing habits, distribution channels, labor, and more.
 
Urner Barry released the first edition of its Coronavirus Special Report a few weeks ago and, already, the situation has changed drastically for many items in the protein complex. This updated Special Report sheds light on subsequent impacts seen throughout the various protein markets in recent weeks, with data reflective of the week ending April 17, 2020.

View the full report HERE.

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Apr 27 8:24 AM, Urner Barry


ANALYSIS: Coping with Production Excesses

From the slowdown in foodservice and QSR buying outreach, to plant worker absenteeism and even some inclement weather being thrown into the mix, chicken processors have...

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Apr 24 8:20 AM, Urner Barry


ANALYSIS: Retail Ad Activity: Boneless Breasts

It almost goes without saying that the widespread direct and indirect implications of COVID-19 have wreaked havoc on what many considered to be...

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Apr 17 8:19 AM, Urner Barry


National Chicken Council Requests Relief for Chicken Farmers Affected by COVID-19

The National Chicken Council sent a letter to U.S. Secretary of Agriculture Sonny Perdue requesting relief for family farmers due to potential supply chain effects related to the COVID-19 outbreak.

“As a result of reduced workforce at processing plants, foodservice demand vanishing virtually overnight, historically high cold storage supply levels and a potential loss of international trade market access due to the recent detection of highly pathogenic avian influenza (HPAI), some chicken processors have begun to reduce eggs set to reflect decreased demand and to avoid any potential animal welfare concerns,” the letter read. “One implication of trying to...

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Apr 15 8:14 AM, General News


Chicken Processors Redoubling Efforts to Keep Essential Workers Safe and Healthy

“These are certainly trying and unprecedented times, and chicken processors are doing everything they can to 1) keep their employees safe and 2) work to keep chicken on the shelves – in that order,” said National Chicken Council President Mike Brown. “Our members are following all of the CDC and local health department guidelines, and many have consulted with infectious disease physicians to develop site plans.”

Brown noted that companies have enacted many additional measures to keep workers safe, including...

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Apr 14 8:14 AM, General News


Conagra Brands Recalls Frozen Not-Ready-to-Eat Chicken Bowl Products

Conagra Brands, Inc., a Russellville, Ark. establishment, is recalling approximately 130,763 pounds of not ready-to-eat chicken bowl products because the product may contain extraneous material, specifically small rocks, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen, not-ready-to-eat chicken bowl items were produced on Jan. 23, 2020. The following products are subject to recall...

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Apr 13 9:47 AM, General News


ANALYSIS: A Chicken Production Assessment

During times of market agitation, chicken market participants and industry observers turn to the stats in an attempt to regain a sense of...

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Apr 13 8:13 AM, Urner Barry


Perdue Farms Continues Increased Measures to Protect and Support Associates During COVID-19

Perdue Farms remains focused on the health and safety of its associates, farmers, customers, consumers, communities, and business partners, as well as ensuring the continuity of its supply chain during the global COVID-19 pandemic. The federal government has deemed food industry workers as mission-critical personnel, which is a huge responsibility that Perdue is committed to fulfilling while keeping associates safe.

“As the COVID-19 crisis continues to evolve, we’ve enacted numerous proactive measures to protect our associates during this uncharted time,” shared Perdue Farms CEO Randy Day. “For example, at our plants, we are practicing social distancing not only in common areas, such as break rooms and cafeterias, but also...

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Apr 8 10:16 AM, General News


ANALYSIS: A Bird’s Eye Perspective of Price Volatility

Following an historic, if not overwhelming, upward surge in retail-oriented demand patterns, chicken marketers have now found themselves contending with...

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Apr 6 8:17 AM, Urner Barry


Perdue Farms Confirms Positive Case of COVID-19 at Georgia Production Facility 

Perdue Farms learned that an Associate at the Perry, Georgia Cook Plant, who has not been to work for more than a week, has tested positive for COVID-19. Perdue is unable to disclose additional details around this individual in accordance with privacy laws. Upon receiving this notification, the company immediately enacted its pandemic response protocols, which follow strict guidance from the Centers for Disease Control and Prevention (CDC), including:

  • Notifying and coordinating response procedures with all pertinent parties (local health officials, onsite USDA inspector, Perdue HR and Wellness Staff, Coronavirus Response Leader, and facility Director of Operations...
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Mar 30 9:46 AM, General News


ANALYSIS: Assessing COVID-19’s Initial Impact on the Chicken Market

Although COVID-19 is a relatively new challenge here in the US, its acute and unparalleled impact on spot market dynamics cannot be overstated...

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Mar 27 8:34 AM, Urner Barry


Meat Sales Surged 77% the Week of March 15 Amid Growing COVID-19 Cases

The week ending March 8 saw a fast acceleration of meat sales in dollars, units and volume. As the number of school closures, social distancing guidelines and other COVID-19 related measures significantly sharpened the subsequent week, sales surged along with it. Thanks to the heroic efforts of everyone in the meat and poultry industry, the supply kept flowing. Retailers restocked their meat cases again and again as shoppers across the country stocked up on meat and poultry to feed their families nutritious meals.

Meat department sales without deli meat were up an incredible 76.9% over the week ending March 15, 2020 versus the comparable week in 2019, according to data insights firm IRI, and deli meat sales advanced...

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Mar 26 8:17 AM, General News


USDA Announces Expanded Red Meat Access to China as Phase One Trade Deal Moves Forward

The United States Department of Agriculture (USDA) and the United States Trade Representative (USTR) announced continued progress in the implementation of agriculture provisions in the U.S.-China Phase One Agreement.

The new actions are led by increased access for red meat and poultry into China. According to the statement, U.S. beef producers, for the first time since 2003, will have access to nearly all beef products into China.

An expansion of pork products that will be allowed into Chinese ports was also included in the...

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Mar 25 10:24 AM, General News


Protein Alternatives Market Outlook to 2025; Dominated by Cargill

According to ResearchAndMarkets, the global protein alternatives market is projected to grow with a CAGR of 7.4% during the forecast period (2020-2025).

The market studied has witnessed a significant growth due to the increasing intolerance toward animal protein, thereby leading to the shift in preference of the meat-consuming population toward meat substitutes made of vegan protein, therefore, driving the market studied.

Consumers in developing regions, like Asia-Pacific and Africa, have started to incorporate more protein in their daily diets. Many companies operating in the market place have started to initiate...

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Mar 25 9:55 AM, General News


Sanderson Farms Confirms Employee has Tested Positive for Novel Coronavirus

Sanderson Farms, Inc. confirmed that an employee at the Company’s McComb, Mississippi, processing plant has tested positive for novel coronavirus. This individual’s work area was contained to one small processing table. “Upon learning of this case, we took a number of immediate steps to protect the health and safety of our employees,” said Joe F. Sanderson, Jr., chairman and chief executive officer of Sanderson Farms, Inc. “Following CDC and local health department guidelines, and procedures developed in consultation with an infectious disease physician, we identified six individuals in the work area who could be at risk, and those employees, along with...

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Mar 24 8:59 AM, General News


ANALYSIS: An Historical Look at Q1 Boneless Breast Performance

It almost goes without saying that the widespread impact of COVID-19 has left most food-oriented businesses scrambling to adapt to the rapidly developing and unpredictable swing in demand patterns...

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Mar 20 8:27 AM, Urner Barry


Rabobank: Coronavirus and African Swine Fever to Shake Up Global Poultry Markets

The outlook for global poultry in 2020 will be materially affected by the current coronavirus pandemic, and the ongoing African swine fever (ASF) challenges in the pork industry will bring additional complexity to global markets.

Rabobank expects a further drop in pork production in Asia this year, which could lead to potential growth in local poultry production and international trade, if rising supply chain challenges can be managed. As coronavirus is now expected to cause a global economic slowdown, poultry demand could...

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Mar 20 8:21 AM, General News


ANALYSIS: Keeping Tabs on YoY Chicken Prices

With Q2 just around the corner, we thought it would be a good opportunity to gain some perspective on the YoY performance of some key items within the chicken complex...

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Mar 13 10:21 AM, Urner Barry


47 Members of Congress Send Letter Requesting U.S. Chicken Market Access to the United Kingdom

Arkansas Representative Steve Womack (R, AR-3), along with 46 Members of Congress, yesterday sent a letter to U.S. Trade Representative Robert Lighthizer requesting that U.S. chicken products be included in any new trade agreement with the United Kingdom.

The letter specifically addresses the European Union’s long-standing, unscientific ban on U.S.-exported chicken due to an American practice of using chlorine during processing. The U.K. formally adhered to the E.U.’s food safety standards in 1997 and American chicken has been banned from entry since that time.

“With almost one of five pounds of chicken being exported, a robust and expanding overseas market is extremely important to the economic health and well-being of the U.S. chicken industry,” said National Chicken Council President Mike Brown. “Including U.S. chicken is critical in...

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Mar 12 8:29 AM, General News


Daring Launches Plant-Based Chicken at Sprouts Farmers Market Locations Nationwide

Daring Foods has announced its first retail partnership with healthy grocer Sprouts Farmers Market.

Starting today, 10-ounce pouches of original Daring pieces will be available for $9.99 at more than 340 Sprouts Farmers Market locations across the country. Daring is gluten free and includes 20 grams of protein per serving. This milestone offering is the first non-breaded, plant-based chicken alternative to be introduced at Sprouts.

"With this launch, we are excited to bring Daring pieces to dinner tables across America," said Ross Mackay, Co-Founder and CEO of Daring Foods. "Daring is leading the charge as...

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Mar 12 8:24 AM, General News


ANALYSIS: All Eyes on Chicken White Meat

In a somewhat unexpected change of pace, chicken white meats have recently begun to gain some upward price momentum...

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Mar 6 8:21 AM, Urner Barry


Packaged Facts: Global Meat Consumption On the Rise

While meat-eaters are increasingly trying plant-based protein options, meat consumption worldwide is expected to increase 1.4% per year through 2023, according to data published in the new Packaged Facts report Global Meat & Poultry Trends.

Meat and poultry consumption in the U.S. is expected to increase less than 1.0% per year through 2023, but greater gains are projected in other parts of the world. Most notably, nations in Africa and the Middle East are forecast to register the fastest increases in meat consumption, as rising living standards and income levels allow more people to incorporate meat into their regular diet.

"In many parts of the world, meat is among the least affordable food options. It is generally pricier than locally available grains, beans, vegetables, and fruit. However, as average incomes rise, more people to eat meat, first as...

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Mar 3 8:21 AM, General News


Post Holdings Reports Poultry Plant Fire in Nebraska

Post Holdings reported a fire took place last evening at its Michael Foods farm operation in Bloomfield, Nebraska. While the cause of the fire has not been determined, all employees were safely evacuated and no injuries were reported. Post Holdings reported that the fire impacted less than 5% of the layer population of Michael Foods' internal and external layer network.

According to some reports, one of the barns was destroyed and approximately 400,000 chickens perished. Michael Foods has about 20 barns at the site and about 4 million chickens. The barn that burned was relatively new and designed to produce cage-free eggs. Councilman Ray Lush stated that the plant employs about 125 to 150 people, which is...

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Feb 28 2:48 PM, Urner Barry


ANALYSIS: Freezer Burn

In light of the recent attention being placed on China, a central focus of chicken processors and exporters has been the back half of the bird, and with good reason...

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Feb 28 8:16 AM, Urner Barry


ANALYSIS: Keeping Tabs on the Q1 Protein Production Trend

In light of this week’s uninspiring level of spot trade activity, we thought it would be a good opportunity to venture away from the day-to-day in favor of a broader view of...

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Feb 21 8:18 AM, Urner Barry


KFC Brings Chicken & Donuts to Restaurants Nationwide

After creating a consumer frenzy with a limited run test in 2019, Kentucky Fried Chicken announced today it is bringing its coveted, always hot, Kentucky Fried Chicken & Donuts to fans nationwide.

Kentucky Fried Chicken & Donuts brings two all-American classics together, a delicious pairing of KFC's world-famous fried chicken, coupled with a warm, fresh-glazed donut. Beginning February 24, Kentucky Fried Chicken & Donuts will be available at participating restaurants in the U.S. for a limited time only.

Like the nationwide debut of Nashville Hot Chicken in 2016 and Chicken & Waffles in 2018, KFC is once again bringing the latest rising fried chicken trend to the masses with the introduction of Kentucky Fried Chicken & Donuts. This latest pairing has...

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Feb 21 8:15 AM, General News


Tyson Foods States Company is Uniquely Positioned to Meet Global Protein Demand 

Tyson Foods, Inc. CEO Noel White reiterated today at the Consumer Analyst Group of New York annual conference that, “Tyson Foods’ scale, diversified portfolio, international footprint and financial track record uniquely position the company for continued, long-term growth at a time when there’s growing global demand for protein.”

Dean Banks, who recently joined Tyson Foods as its president, said, “We have a global opportunity and innovation across our portfolio is the key,” adding, “I have a passion for innovation and have been impressed with the innovation culture at Tyson Foods.”

Banks highlighted Tyson Air Fried Perfectly Crispy Chicken, Tyson Instant Pot Kits, Jimmy Dean Omelet Minis, Jimmy Dean Loaded Sausage Bites, Hillshire Snacking Bruschetta and Pact as examples of...

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Feb 20 9:40 AM, General News




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