Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
US Foods Spring Scoop Delivers Versatile Products to Help Operators Do More With Less
US Foods Holding Corp. announced today the launch of Spring 2022 Scoop™. Themed “Do More with Less,” Spring Scoop features 18 versatile and innovative products combined with a variety of inspiring menu ideas developed by US Foods product innovation and culinary experts. Nearly 60% of restaurants adapted to pandemic constraints by reducing their menus.1 Today, operators must ramp up the number of menu offerings to attract diners returning to pre-pandemic dining routines, all while continuing to manage labor shortages and other operational challenges...
Fourth Quarter 2021 Revenue Grew 9% Over Last Year, While Overall Consumer Spending Grew 15%
U.S. consumer spending on general merchandise ended the year up 15% compared to 2020, with a 6% increase in unit sales. While the holiday shopping brought positive retail results, the early part of the year delivered more significant year-over-year gains. The fourth quarter of 2021 contributed 9% revenue growth and 1% unit growth over the prior year, according The NPD Group.
“Consumers’ grab-it-when-you-see-it mentality, especially related to pandemic-driven needs has not gone away..."
PODCAST: Waste Not Want Not: Cosmetically Imperfect Items, Food Safety, and a Veteran Owned Business
This week on Market Digest Laura chats with Eric Ouellette of Semper Foods. They discuss how cosmetically imperfect items can still be used, companies fighting for value added product to store in freezer inventories, the food safety issue and how Semper Foods has contributed to food banks, whether chicken tenders are going away or not, and so much more!
ANALYSIS: Pondering the Potential of Frozen Hens
Now that August is in the rearview mirror, and with very little standing in the way between now and Thanksgiving, turkey market participants can’t help but speculate over the future price potential of whole-body birds...
ANALYSIS: Turkey Cold Storage Holdings Continue Year-over-Year Thaw
The latest release of July’s Cold Storage Report underscores what many players in the turkey industry already know: That supplies are tight...
ANALYSIS: July Pork in Cold Storage Breakdown
July’s USDA Cold Storage report, released on August 23rd, showed that while progress was made in restocking the freezers for a couple of categories of cuts, there are still...
ANALYSIS: Depleted Inventories Contribute to Boneless Breast Rally
Although the chicken market environment has been anything but consistent lately, that’s not to say that there aren’t some familiar tenets still shining through...
ANALYSIS: Turkey Cold Storage: Hard to Sell from an Empty Wagon
After a great deal of anticipation, the latest release of USDA’s Cold Storage Report lends credence to what many participants have been suspecting, especially those who have been following Urner Barry’s Weekly Cold Storage Estimate...
ANALYSIS: Frozen Turkeys Steal The Seasonal Show
It’s no secret that the majority of turkey lines are continuing to enjoy a strong showing here in early Q3. While recent market dialogue and trade activity has unquestionably gravitated towards...
ANALYSIS: Fresh and Frozen Turkey Drum Quotations at a Mid-Year Crossroads
As we round the corner to Q3, turkey marketers have a pep in their step and a glimmer in their eye thanks to the admirable trade environment that they’ve enjoyed throughout...
US Foods Solves Operators’ Steak Challenges with Tender by Design Process
US Foods Holding Corp. announced the national launch of Tender by Design™, a revolutionary process by which frozen beef can now be just as high quality and tender as fresh. The proprietary Tender by Design™ process gives operators access to high-quality steaks year-round at a competitive price and allows for easier inventory and portion control to respond to the ebb and flow of restaurant traffic. Tender by Design™ is being introduced under the company’s well-known Stock Yards® brand. The launch includes 6-, 8- and 10-ounce half-faced center cut choice top sirloin steaks and an 8-ounce baseball cut choice top sirloin steak.
“Unpredictability is a major challenge in the beef industry, and this is especially true in today’s market. Variance in the quality of beef driven by the time of year and pricing fluctuations hurt the bottom line and create unwanted pressures as operators aim to deliver consistent, high-quality steak offerings that attract...
ANALYSIS: Turkey Cold Storage Reductions Coincide with Stout Market Performance
Over the past several weeks, we've covered a number of factors which are playing an influential role in constricting the supply of just about every line within the turkey complex...
NRF Calls on White House to Address Port Congestion Challenges
The National Retail Federation delivered a letter to the White House asking to meet with President Biden and other top administration officials regarding the challenges retailers are facing from continued supply chain disruptions that are leading to congestion at U.S. ports.
The letter from NRF President and CEO Matthew Shay states, “The supply chain disruption issues, especially the congestion affecting our key maritime ports, are causing significant challenges for America’s retailers. The congestion issues have not only added days and weeks to our supply chains but have led to inventory shortages impacting...
VIDEO: Morning Market Roundup June 2
Urner Barry's reporters discuss the JBS cyberattack, boneless chicken breasts, and cage-free egg inventory.
ANALYSIS: April Chicken Cold Storage Holdings: A Continuation of a Familiar Trend
Several months ago, we assessed the near universal downturn in cold storage holdings exhibited by key lines within the chicken complex, and by the looks of the USDA’s most recent report...
ANALYSIS: Strong Demand Keeps Frozen Pork and Beef Inventories Tight
According to the latest USDA monthly cold storage report, released Monday afternoon, frozen beef and pork stocks at the end of April remain...
ANALYSIS: Turkey Cold Storage Lends Credence to Seasonally Strong Market Environment
The most recent cold storage figures for the month of April generally fall in line with the seasonally strong undertone exhibited by just about every line within the turkey complex...
FEATURED STORIES
Urner Barry Releases May Soy & Wheat Report
Urner Barry Releases May Pulse Protein Report
Urner Barry Releases April Emerging Plant Protein Report
PLANT PROTEIN: Get to Know Players in the Plant Protein Market: Fat Badger Bakery
Urner Barry Releases April Soy & Wheat Report