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 23^rd, 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...

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...