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PODAST: All Good On the Western Front: Alaska Sausage and Seafood
This week on Market Digest we're joined by Martin Eckmann of The Alaska Sausage and Seafood Company. Martin and Laura discuss running a business in Alaska during the pandemic, how shipping times and logistics have been affected, and reindeer sausages.
Did you know? Urner Barry's Market Digest Podcast is now available on Spotify, iTunes, Apple Podcast, iHeartRadio, and SoundCloud! More ways to listen to top industry news and analysis.
Special Spotlight to Take Place on Future-Proofing the Supply Chain, April 26-30th
Available on the COMTELL Platform and brought to you by Urner Barry Insights
If you’re in the food business, you’re probably wondering about future-proofing the supply chain. Given what we’ve seen over the last year—and what we’re still contending with—the task of managing supply chains has become more challenging than ever (and it was no picnic before, we know!). That’s why Urner Barry is bringing together exclusive Insights through original reports, interviews, videos and podcasts in a special April Spotlight dedicated to the biggest supply chain issues the industry is currently facing.
This Spotlight, Future-Proofing the Supply Chain, will take place April 26-30th, 2021, and can be accessed through...
February Red Meat Exports Below Last Year, but 2021 Outlook Remains Strong
February exports of U.S. beef and pork remained below the rapid pace established in early 2020, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). However, exports were consistent with USMEF’s February projections and the federation still expects 2021 beef exports to increase substantially year-over-year, while pork exports are projected to narrowly surpass the 2020 record.
Beef exports totaled 103,493 metric tons (mt) in February, down 8% from a year ago, valued at $669.5 million (down 2%). This was due mainly to a decline in variety meat exports, as beef muscle cuts were steady with last year in value at $597.9 million on a volume of 82,530 mt (down 3%). Through February, beef exports were...
Retailers Urge Bipartisan Approach to Modernize U.S. Transportation Infrastructure
The National Retail Federation issued the following statement from Senior Vice President of Government Relations David French in response to a House committee hearing on transportation infrastructure. U.S. Secretary of Transportation Pete Buttigieg provided testimony on behalf of the Biden Administration.
“The retail industry relies on our nation’s transportation infrastructure to move billions of dollars’ worth of merchandise every day to warehouses, distribution centers and stores and ultimately to consumers’ front doors. A healthy and efficient infrastructure system supports economic development and growth in...
REPORTER: Industry Veterans Come Together to Open Colorado Lamb Processors
This article was originally featured in the Spring 2021 Edition of Urner Barry's Reporter magazine.
As Easter and Passover approach, one cannot help but to think about lamb when planning a holiday meal. This year, there’s a good chance you could be eating lamb that has passed through the country’s newest lamb harvesting facility—Colorado Lamb Processors in Brush, Colorado.
Colorado Lamb Processors, which opened in September 2020, is the first new lamb processing facility to be built in the...
ANALYSIS: Frozen Tom Breast Meat Values Buck Seasonal Norm
It isn't every year that the topic of frozen tom breast meat catches the eye of market participants this early in the "season"...
January Red Meat Exports Below Year-Ago Levels Amid Transportation, Labor Challenges
U.S. beef and pork exports opened 2021 below the large volumes posted a year ago, according to January data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Beef exports totaled 105,047 metric tons (mt) in January, down 2% from a year ago, while value slipped 3% to $653 million. The decline was due mainly to lower beef variety meat shipments, as muscle cut exports were steady with January 2020 at 81,398 mt, valued at...
Albertsons Launches Pilot of Remote-Controlled Delivery Cart in Northern California
Albertsons Companies announced that it has partnered with Tortoise, an automated logistics company focused on last-mile solutions, to pilot its remote-controlled zero-emission delivery cart in Northern California.
“Our team is obsessed with trying new and disruptive technologies that can bring more convenience for our customers,” said Chris Rupp, EVP and Chief Customer and Digital Officer. “We are willing to quickly test, learn, and implement winning innovations that ensure we are offering the easiest and most convenient shopping experience in the entire industry.”
The Safeway cart, powered by Tortoise, is equipped with a camera and a speaker and is guided through the neighborhood by...
ANALYSIS: Don’t Sleep on Chicken Leg Quarters
With chicken front half items continuing to be the talk of the town, it’s easy to overlook the slightly less exhilarating, albeit seasonally admirable, status of frozen leg quarters...
Grains Supply to Argentine Export Hub Normalizing After Truckers Strike
Delivery of grains and oilseeds to Argentine export hub Rosario was slowly returning to normal on Monday after a week of protests by truckers who blocked roads leading from the farm belt to port, two industry sources told Reuters.
Drivers are demanding a review of their costs, including tolls, insurance rates, taxes and fuel prices.
They were scheduled to meet with Sergio Massa, president of the lower House of Congress, to discuss their demands while the government news site Telam reported a delay in a proposed fuel tax increase. Both gestures appeared to help calm tensions, although...
Perdue AgriBusiness Announces Plans to Close Lothian, Maryland Grain Elevator
Perdue AgriBusiness, an independent operating company of Maryland-based Perdue Farms, has announced plans to close its grain elevator in Lothian, Md., by March 31 and is working closely with local farmers to minimize the impact. The company will stop receiving grain deliveries on Feb. 26.
“As a 101-year-old Maryland based company, we have long valued the importance of our relationship with local grain farmers, one built on a century of trust and transparency,” said Scott Fredericksen, president of Perdue AgriBusiness. “Unfortunately, over the last 20 years, we have seen...
2020 Retail Imports May Break Record Despite Pandemic
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“Nobody would have thought last spring that 2020 would be a record year for imports, but it was clearly an unpredictable year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Consumers and retailers once again proved their resilience in the face of unprecedented challenges. Thanks in part to government stimulus, retail sales saw...
REPORTER: Protein Industry Facing Logistical Hiccups During the Pandemic
This article was originally featured in the Winter 2021 Edition of Urner Barry's Reporter magazine.
Add logistics to the laundry list of problems the coronavirus pandemic has thrown at the protein industry.
Throughout the pandemic, the protein industry faced multiple hiccups from a logistics standpoint. Labor has been anissue at essentially every link in the supply chain. Domestically, meat plants have dealt with outbreaks. Meanwhile overseas, labor shortages at ports have stalled shipments and, in some cases, led to product heading back stateside...
Sysco Testing All-Electric Freightliner Truck
Sysco Corporation announced it is testing an all-electric Freightliner eCascadia from Daimler Trucks North America (DTNA). Sysco’s participation in this initiative is consistent with its Corporate Social Responsibility (CSR) strategy and the Company’s ongoing efforts to reduce its carbon footprint.
This initiative is a part of DTNA’s ongoing work to engage customers in its commercial electric vehicle development process by deploying trucks in real-world applications. Sysco aims to power more of its tractor fleet with alternative fuels, and deployment of electric trucks will play a significant role in achieving that objective.
“We are excited to partner with DTNA on this important work,” said Neil Russell, Sysco’s vice president of corporate affairs. “Collaborating with manufacturers to develop new truck models that can meet...
Amazon Hiring 100,000 New Employees Across the U.S. and Canada
Amazon continues to provide opportunities for regular full-time and part-time jobs in its fulfillment and logistics network as it expands its footprint to better serve customers in communities where they live. The company announced that it is hiring an additional 100,000 regular employment opportunities throughout the U.S. and Canada on top of the 33,000 Corporate and Technology jobs announced last week. The roles offer a starting wage of at least $15 per hour, and in select cities Amazon is offering sign-on bonuses up to $1,000 to new hires. On top of Amazon’s minimum $15 wage, the company offers full-time employees industry-leading benefits, which include health, vision and...
Lineage Logistics Announces Acquisition of Henningsen Cold Storage, Assets from Maines Paper & Food
Lineage Logistics is expanding their reach. Just last month the refrigerated warehousing and logistics provider announced the acquisition of Henningsen Cold Storage Co., as well as assets of Maines Paper & Food Service.
In February 2019 Lineage announced the acquisition of Preferred Freezer Services, making them not only the largest refrigerated warehousing and logistics provider in North America, but globally as well. The acquisition of Henningsen Cold Storage adds 14 facilities to Lineage’s expansive U.S. network, and bolsters its leading presence in the Pacific Northwest...
Atlast Raises $40M to Expand Production of Whole Cut Plant-Based Meat
Urner Barry Releases April Soy & Wheat Protein Report
Global Consumer Confidence Hits Record High
US Foods Releases 2020 Corporate Social Responsibility Report
Domino's and Nuro Launch Autonomous Pizza Delivery with On-Road Robot
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