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A Look at Protein Demand as the Six-Week Lenten Period Begins
As the six-week Lenten period leadup to Easter begins, foodservice and retail are catering to those who cannot eat meat at least one day a week. As SeafoodNews reported, restaurants like Bojangles, White Castle, and Quizno’s are just a few offering seafood items for a limited time.
Last year, Popeyes brought in a limited time Buttermilk Biscuit Shrimp offering for Lent. To switch things up this year, Popeyes introduced a new contender in the "Chicken Sandwich Wars," a Cajun Flounder Sandwich. But how could a new fish sandwich offering during Lent impact the chicken sandwich battle, which has become...
U.S. Poultry and Egg Exports Soared in 2020
U.S. broiler and egg exports increased in both volume and value in 2020, a year in which the industry set several all-time records in key markets despite the complications caused by the COVID-19 pandemic.
According to trade data released by the USDA Foreign Agricultural Service, the value of broiler exports to China reached an all-time high; the volume of broiler exports to Mexico was...
ANALYSIS: Seasonal Trend Highlights Turkey Exports
Following a challenging and somewhat underwhelming year of turkey trade activity, the most recent monthly export figures through December 31st, displays a modest...
ANALYSIS: November’s Turkey Export Figures Paint a Mixed Picture
Last month’s uptick in in total year-over-year turkey export tonnage was short-lived, as November’s figures fell back in line with...
Meat Industry Reacts to President-Elect Biden's Choice for U.S. Trade Representative
President-elect Joe Biden announced he will nominate House Ways and Means Committee trade lawyer Katherine Tai as U.S. trade representative. Tai’s career at USTR began in 2007 as an associate general counsel. In 2014, she was named chief counsel for China trade enforcement, overseeing disputes between Washington and Beijing at the World Trade Organization. She left that role in 2014 to join House Ways and Means and in 2017 was named chief trade lawyer for Chair Richard Neal (D-MA).
The North American Meat Institute supports the choice. Tai, who would become the first Asian American to hold the role of USTR, speaks fluent mandarin and has experience as...
ANALYSIS: Turkey Exports Find Some Q4 Lift
After nine months of consecutive year-over-year reductions in total turkey export volume, October marks...
Policy Issues Affecting the Meat Industry
In a webinar hosted by the North American Meat Institute, experts explored what is on the horizon for trade policy, industry structure, and antitrust as President-elect Biden is set to occupy the White House come January. These Washington D.C. insiders shared a wealth of experience and valuable insights as the meat industry navigates new policy dynamics.
Panelists included Ambassador Darci Vetter, former Chief Agricultural Negotiator, USTR and Global Lead, Public Affairs and Vice Chair, Agriculture and Food, Edelman; and...
ANALYSIS: Weighing in on Turkey Drums
With much of the turkey industry now focused on satiating whole-body bird demand, supply side tightness, particularly within...
ANALYSIS: August Chicken Exports - The Devil is In the Details
What a difference a year makes. About this time in 2019, chicken processors and allied components of the industry were licking their chops in anticipation of...
ANALYSIS: As Temperatures Rose, So Did Turkey Export Tonnage
Following three consecutive month-over-month reductions in total turkey export tonnage, July bucked the trend with outward volume increasing by 9.5 million pounds or 25.2% above...
ANALYSIS: Price Sensitivity Dictating Mexican Ham Demand
Over the years turkey thigh meat, the primary component of turkey hams, and boneless pork hams, have shared a distinct and somewhat polarized relationship with one another...
Pilgrim's Pride Reports Financial Results for Q2
Pilgrim’s Pride Corporation reports second quarter 2020 financial results.
Second Quarter Highlights
ANALYSIS: Turkey Exports in May: A Sign of the Times
Closely aligned with the real-world trade experiences of turkey market participants, May not only marks the second consecutive month of...
Industry Reacts to Implementation of USMCA
The United States-Mexico-Canada Agreement has officially entered into force, replacing NAFTA. The USDA stated that this improved agreement is a better deal for America's farmers, consumers, and workers that will set them up for success for decades to come.
Sonny Perdue, U.S. Secretary of Agriculture, said, "USMCA creates more market access for farmers from across our nation to sell their wholesome and nutritious products to our closest neighbors. This is a better deal for America that will grow our economy and put more money in the pockets of American families.”
Robert Lighthizer, United States Trade Representative, stated, "This marks the beginning of a new and better chapter for trade between the United States, Mexico and Canada, just as President Trump promised he would deliver for the American people." Lighthizer added that the USMCA contains significant improvements and...
ANALYSIS: A Mixed Month for Turkey Exports
For the past three months, total turkey export volume has consistently trended below year-ago levels and April was no exception...
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...
Pilgrim’s Pride Reports Q1 2020 Results
Pilgrim’s Pride Corporation reports first quarter 2020 financial results.
First Quarter Highlights
ANALYSIS: February Turkey Exports: Bittersweet
With February marking the second month of YoY reductions in total turkey export volume, it's safe to say that early year selling sentiment has been...
ANALYSIS: Turkey Thigh Meat and Pork Hams: Feeling the Export Pressure
Marketers of turkey thigh meat and boneless pork hams are certainly no stranger to some cross-protein competition...
While Chicken Sandwich Wars in the U.S. Intensify, Burgers Still Rule the Roost
The Consumer Confidence Index Improved in February
Get to Know Players in the Plant Protein Market: Victory Hemp Foods
From Animal Meat to Fungi, U.S. Consumers Tap into A Host of Sources to Get Protein into Their Diets
COVID-19 Disruptions Create New Areas of Opportunity and Risk for the Poultry Industry
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