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ANALYSIS: China’s Nov 2024 Meat Imports Break 15-Month Y-o-Y Decline Streak to 580,619 mt
China’s total meat imports, including variety meats rebounded to 580,619 metric tonnes (mt) in November 2024, ending a 15-month year-over-year decline streak, according to the latest preliminary data from the General Administration of Customs of the People's Republic of China.
Imports were higher by 8.6% or 23,619 mt month-on-month (m-o-m) ahead of the winter peak season.
Meat consumption typically increases ahead of the cooler season, with a notable rise in demand for...
The Retail Rundown: Seasonal Trends for Ribs vs. Hams
With Christmas just two weeks away, this week’s retail rundown takes a closer look at two traditional holiday centerpieces: rib roasts and hams. These festive favorites have followed differing paths in the wholesale markets this year, potentially influencing their retail performance in the lead-up to the year-end celebrations.
The wholesale rib market began its seasonal ascent in the third quarter, gaining traction in early August. From August 1 through December 10, prices surged by 42 percent, far surpassing the 5-year average increase of 17 percent for the same period...
Workers at Spanish Pork Slaughterhouse Litera Meat on Strike
Employees at Litera Meat, one of Europe’s largest slaughterhouses, have continued to strike since December 10 after negotiations between the company and employees failed.
Litera Meat started operations in 2019, in Huesca, Spain, and has a maximum daily processing capacity of 32,000 hogs, and around 1,600 employees, the firm said.
It is also the largest processing facility owned by
the Italian company Pini Group and can process more carcasses than all other Pini facilities across Italy and Hungary combined, according to company data.
CNT worker’s union...
Zatarain's® Smoked Sausage Introduces New Andouille Flavor
Zatarain's, the brand that has been bringing the vibrant flavors of New Orleans to kitchens across America for more than 130 years, is excited to announce the launch of its reformulated Andouille Smoked Sausage. A bold new twist on a fan-favorite, the new Andouille recipe provides a perfect balance of heat and savory spices, giving families and food lovers even more of the robust and flavorful experience that has made Zatarain's a staple in homes for generations.
"Our customers love the smoky taste of our original sausage...
PODCAST: Agri-Food for Thought Ep 18 - Back from the "World's Leading Livestock Farming Trade Fair"
Simon and special guest Fei Thompson, from the Expana EMEA newsroom, give a recap of industry market sentiment gathered from key agribusiness companies and animal nutrition companies met during the recent EuroTier trade show in Hannover, Germany that took place in mid-November.
The Retail Rundown: Diving into December Deals
With the year-end holidays soon approaching, shoppers are eagerly diving into December deals. Retailers aim to capitalize on the season's spending surge with enticing offers on everything from festive foods to decadent desserts, decor, and other holiday items.
Consumer spending on winter holidays is projected to hit a record-breaking $902 per person this year, according to a survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. This figure marks a $25 increase from 2023 and surpasses the previous record set in 2019 by $16...
FSIS Issues Public Health Alert for Ineligible Pork Products Imported From Ecuador
The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for frozen ready-to-eat pork mortadella products that may have been illegally imported from Ecuador, a country ineligible to export meat and poultry products to the United States. FSIS is continuing to investigate the origins of this product, and there may be additional products affected.
The following products subject to the public health alert are [view labels]:
ASEAN Customers Study U.S. Pork and Beef in Trend-Setting Korea
To expand the range of U.S. pork and beef cuts in the ASEAN, USMEF led retail and foodservice teams to Korea to study how U.S. red meat is utilized.
Characterized by the growth of single-person households and growing demand for quality and convenience, the Korean food industry has invested heavily in new product development and has become an innovator in its uses of U.S. pork and beef. USMEF recently brought teams of retail and foodservice customers from the ASEAN region to Korea to study new products...
The Retail Rundown: Holiday Features in Full Display
In the final stretch to Thanksgiving, turkey ads dominate protein advertisements this week with 29 percent, up from 11.8 percent the week prior and surpassing pork's 26.4 percent. Seafood ads come in at 20.2 percent, followed by beef at 16.4 percent. Chicken takes 6 percent, while eggs still have less than one percent of retail buying opportunities.
Fresh whole turkeys account for half of all turkey promotions, with frozen turkeys making up 40.5 percent. While turkeys take center stage, the holiday season also lifts demand for cold-weather comfort foods and convenient...
Brazil Opens New Markets in China and Increases Number of Authorised Meatpacking Plants
During Chinese President Xi Jinping's visit to Brazil on 20 November agreements were signed on the opening of five new markets and certifying of 38 new meatpacking plants.
The Brazilian Ministry of Agriculture and Livestock (Mapa) finalized four phytosanitary protocols in collaboration with China's General Administration of Customs (GACC). These agreements enable exports of fresh grapes, sesame, sorghum, and fish-derived products such as fish meal and oil for animal feed to China. Earlier in June, China approved Brazilian pecans for import...
NPPC Celebrates Senate Passage of Beagle Brigade Act, Urges House Passage
The National Pork Producers Council (NPPC) celebrated the U.S. Senate’s unanimous passage of S.759, the Beagle Brigade Act, which provides statutory authority and reliable funding to the National Detector Dog Training Center.
“American agriculture relies on the National Detector Dog Training Center to prevent the introduction of foreign animal and plant diseases that would cripple our food supply,” said Lori Stevermer, NPPC president and pork producer from Easton, Minnesota. “For the pork industry, the ‘Beagle Brigade’ is the...
Yu Shang Food, Inc. Recalls RTE Meat and Poultry Products Due to Possible Listeria Contamination
Yu Shang Food, Inc., a Spartanburg, SC, establishment, is recalling approximately 72,240 pounds of ready-to-eat (RTE) meat and poultry products within their shelf life that may be adulterated with Listeria monocytogenes, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS). This release is being reissued to expand the scope of the November 9, 2024, recall.
All ready-to-eat products produced prior to October 28, 2024, are subject to recall. View full product list. View labels...
McDonald’s Gets Saucy This Holiday Season to Celebrate the Return of the McRib® Sandwich
The wait is finally over. Starting Dec. 3, for a limited time, your favorite saucy sandwich – the McRib – returns to participating restaurants just in time to satisfy your holiday cravings. After all, ‘tis the season…McRib SZN, that is.
The Sauciest Time of the Year
For the first time ever, we’re giving fans a chance to savor the McRib’s signature flavor. Introducing: A Whole Lotta McRib Sauce, a half-gallon jug of the iconic McRib sauce – perfect for...
Pork Producers Deeply Disappointed in Senate Democrats’ Failure to Address California Prop. 12
The National Pork Producers Council (NPPC) issued the following statement after the unveiling of Senate Democrats’ 2024 Farm Bill text by U.S. Senate Agriculture Committee on Agriculture, Nutrition, and Forestry Chairwoman Debbie Stabenow (D-MI).
“Though America’s pork producers appreciate Chairwoman Stabenow’s efforts to publish Farm Bill text, this is simply not a viable bill, as it fails to provide a solution to California Prop. 12,” said NPPC President Lori Stevermer, a pork producer from Easton, Minn. “Pork producers have...
The Retail Rundown: Turkey Takes the Spotlight
According to Circana data, fresh whole turkeys were featured at an average discounted price of $1.48 per pound last week, up from $1.27 per pound during the same period last year.
The most popular turkey sizes, 10–15 and 16–24 pounds, averaged $1.34 per pound, compared to $1.00–$1.10 per pound last year. These prices reflect pre-promotion rates and do not account for additional discounts or free turkey offers.
Whole turkeys are often used as loss leaders to increase holiday store...
ANALYSIS: Record September for U.S. Pork Exports as Markets Shift
The U.S. pork export market has taken center stage recently, with USDA data for September revealing a record-high export volume of 549 million pounds—the highest for this month in 54 years. This milestone reflects the U.S.'s growing strength in global markets, bolstered in part by declining European pork production, which has diminished their export presence.
Year-to-date, U.S. pork exports are up approximately 5% compared to this same period last year, though they remain slightly below 2021 levels...
The Meat Institute and the American Meat Science Association Announce
The American Meat Science Association (AMSA) and the Meat Institute today announced a partnership to manage the popular Meat Buyer’s Guide (MBG) with editions to publish in 2024 and 2025.
This agreement will ensure the continuity and future development of an essential industry resource. The phased upgrade of the Meat Buyer’s Guide is set to begin with an initial print run in December 2024, followed by a comprehensive update and re-release scheduled for 2025.
The MBG, first published in 1961, summarizes the USDA’s Institutional Meat Purchase...
Kingswood Capital Management Acquires Branding Iron Holdings, a Leading Protein Provider
Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Branding Iron Holdings (“Branding Iron” or “the Company”), an industry-leading provider of branded and private label protein products, including beef and pork, with a core focus on frozen and refrigerated ground meats. This represents the latest investment for Kingswood in the food and beverage industry.
“It was important to us to identify a long-term partner who will help us grow and support customers across...
The Retail Rundown: This Year's Thanksgiving Dinner May Cost Less
This week’s protein promotions spotlight seafood, which makes up 33.1 percent of all ads, with pork following at 25.6 percent and beef at 24.3 percent. Chicken features come in at 13 percent, while turkey ads saw a small increase to 3.8 percent, up from 3.3 percent last week but below the 5 percent seen two weeks prior.
Frozen turkeys make up 27 percent of all turkey ads, up 25.7 percent last week, with prices ranging between $2.79 and $5.00 discounted last week.
According to the Expana Thanksgiving Dinner Index 2024...
Philippines Surpasses China in Brazilian Pork Imports as Sector Hits Record Shipment Revenues
The Philippines has emerged as Brazil's largest export market for pork in 2024 with 206,000 tonnes shipped between January and October, a 103% year-on-year increase, displacing China as the top importer who, during the same period purchased 199,900 tonnes, down 41% according to The Brazilian Animal Protein Association (ABPA).
In October 2024, Brazil's pork exports, including fresh and processed products, reached 130,900 tonnes, representing the second-highest monthly total in the industry’s history and a 41% increase from the 93,000 tonnes...
Applebee’s Introduces NEW Really BIG Meal Deal
Enjoy the NEW Big Cluckin’ Chicken Sandwich or BIG Classic Bacon Cheeseburger, served with Classic Fries and a fountain drink for just $9.99; Available for both dine-in and To Go
Applebee’s is going BIG with the debut of its NEW Really BIG Meal Deal featuring the NEW Big Cluckin’ Chicken Sandwich and BIG Classic Bacon Cheeseburger served with Classic Fries and a fountain drink for only $9.99!* Big Taste, Big Flavor and Big Value, the Applebee’s NEW Really BIG Meal Deal is available now for...
ANALYSIS: September USDA Data Shows Strong Growth in U.S. Pork Exports
The latest USDA export data for September paints a positive picture for the U.S. pork industry, with total pork exports reaching their highest levels in a decade. This impressive growth, a 7.2% surge compared to September of last year, is a continuation of a positive trend that began in mid-June.
Emerging markets in Latin America continue to be a significant driver of growth in U.S. pork exports. Central and South America experienced impressive year-over-year increases of 30.1% and 43.2%, respectively. Caribbean destinations such as the...
ANALYSIS: China’s Oct 2024 Meat Imports Extend 15-Month YoY Decline Streak, Reaching 534,675 mt
China’s total meat imports, including variety meats in October 2024 were recorded at 534,675 metric tonnes (m)t, based on the latest preliminary data from the General Administration of Customs of the People's Republic of China.
Imports dipped by just 1.1% m-o-m (-5,868 mt), falling for the second month, as firmer winter demand offset any significant declines.
Volumes were also supported by its major supplier Brazil’s beef exports hitting record highs, but its poultry exports to China have...
USMEF Conference Opens with Election Analysis and Focus on U.S.-Mexico Trade Relations
The U.S. Meat Export Federation (USMEF) launched its annual strategic planning conference in Tucson, Ariz., Wednesday with an analysis of the U.S. election’s potential impact on agricultural policy and international trade. USMEF members also received an in-depth look at the new administration in Mexico, as the United States prepares for a critical phase of trade relations with the largest export destination for U.S. red meat.
USMEF President and CEO Dan Halstrom opened the conference with an overview of U.S. red...
USDA Animal and Plant Health Inspection Service Shares Update on H5N1 Detection in Oregon Swine
Today, the U.S. Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) is sharing key updates regarding the detection of HPAI H5N1 in a backyard farm operation in Crook County, Ore., as well as additional information about the agency’s proactive efforts to protect livestock, farms and communities from avian influenza.On Wed., Oct. 30, USDA APHIS announced that H5N1 avian influenza was detected in one of the pigs at this backyard farm, that two pigs tested negative...
The Retail Rundown: Holiday Countdown Rapidly Winds Down
With Thanksgiving just three weeks away, the holiday rush is fueling retail traffic as shoppers stock up on essentials. This week, turkey promotions account for 3.3 percent of all protein ads, down from 5 percent the previous week. The number of grocery chains featuring turkeys also declined, with 39 chains participating, compared to 49 chains a week earlier.
Despite fewer promotions, fresh whole turkey sales rose week-over-week, reaching $1.3 million last week, up from $909,368 the week prior, according to Circana...
PODCAST: "Agri-Food for Thought" Episode 16 - Brazil's Challenges and Trends in the Feed to Protein
Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.
Agri-Food for Thought covers the latest news in food and agriculture. Listen now as Simon examines seasonal shifts underway in the food and ag space, with special guest Elliot Holgate, Market Reporter Feed Additives - South America, Expana, giving a deep dive on Brazilian feed, feed additive, and animal protein markets.
Properly Cooked Pork Remains Safe Amidst Oregon H5N1 Swine Detection
The National Pork Producers Council (NPPC) confirms there is no food safety concerns about the nation’s pork supply after the detection of H5N1 influenza in swine on a small backyard farm in Oregon. NPPC continues to work closely with the United States Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) Veterinary Services and pork industry stakeholders on disease surveillance programs.
“The confirmed case in Oregon poses no threat to consumer health or food safety; properly handled and cooked pork products remain safe for...
Federal and State Veterinary Agencies Share Update on HPAI Detections in Oregon Backyard Farm
There is no concern about the safety of the nation’s pork supply as a result of this finding.
The U.S. Department of Agriculture (USDA) and Oregon state veterinary officials are investigating positive cases of H5N1 in a backyard farming operation in Oregon that has a mix of poultry and livestock, including swine. The Oregon Department of Agriculture announced on Friday, Oct. 25, that poultry on this farm represented the first H5N1 detection in Crook County, Oregon. On Tuesday, Oct...
A Tu Gusto, LLC Recalls Frozen Croquette Products Produced Without the Benefit of Inspection
A Tu Gusto, LLC, a Lehigh Acres, Fla. firm, is recalling approximately 7,630 pounds of frozen meat and poultry croquette products that were produced without the benefit of federal inspection and may contain undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains soy, sesame seed and wheat, known allergens, which are not declared on the product label.
The frozen meat and poultry items were produced between April and October of 2024...
The Retail Rundown: Late-Season Push for Grilling Cuts
As October ends, beef and seafood promotions are neck and neck, each occupying about 25 percent of total advertising space. During the final week of "Pork-tober, pork features account for 20.8 percent of buying opportunities, closely followed by chicken at 20.6 percent.
Though the shift from grilling cuts to roasts has been in motion for a few weeks, a forecast of record warmth in parts of the central and eastern U.S. this week offers a last chance for backyard cooking before winter sets in.
This could spur late-season promotions...
Lar Agroindustrial Plans New Investments in Protein and Grains for 2025
Lar Agroindustrial Cooperative has announced plans to allocate resources towards new protein production units and to modernise its processing plants for poultry, pork, and soy, according to local media outlet Agfeed.
In 2024, Lar invested BRL 1 billion, with the majority directed to its soybean crushing operations, including the BRL 280 million acquisition of a soybean crushing plant from Copagril. Additional investments were made in poultry slaughtering, animal feed production, piglet and chick facilities, and logistics.
For 2025, Lar plans to invest a further BRL...
The Retail Rundown: Tuning in to Turkey
Retail promotions for seafood continue to dominate the protein category this week, capturing nearly a third of ad circular space (32 percent). Beef and pork follow, taking up 23 percent and 21.3 percent, respectively. Chicken is up slightly from the previous week at 16 percent. Egg ads held steady at about 3 percent.
Several items were featured at lower prices compared to 2023 last week, with chicken leg quarters averaging $1.55 per pound, 5 cents cheaper than last year. Fresh pork loin prices were down by 2 percent...
The Retail Rundown: Eggs Rule the Roost During Baking Season
As October reaches its midpoint, many homes are filled with the irresistible aromas of freshly baked goods, marking the onset of the holiday baking season.
This seasonal shift benefits the egg case as eggs find their way into breads, cookies, pastries, pies, and more. Also, more consumers are reaching for hot breakfasts as the weather turns colder, which further boosts egg demand.
Data from Circana shows that the average retail feature price for large, white Grade A eggs averaged $3.72 per dozen last week...
ANALYSIS: US Pork Exports Rise 6.2% Year-Over-Year in August, Led by Central & South American Gains
On Wednesday, the USDA released their August import/export trade data. The latest report reveals mixed results for U.S. pork exports in August. While overall exports saw a slight decline of 1.1% compared to July, they continued to increase by 6.2% year-over-year.
Notable success was achieved in Central America, where exports surged by 5.9% from the previous month and a remarkable 31.3% from last year, driven by strong demand in Costa Rica, Nicaragua, Panama, Honduras, and Guatemala...
Introducing Canada Packers Inc.
Maple Leaf Foods Inc. (Maple Leaf Foods or the Company) today unveiled that Canada Packers Inc. (Canada Packers) will be the future name of the new pork company once it completes the previously announced separation of its pork business as a new independent, public company.
“We are thrilled to launch Canada Packers as the new name for our future independent pork company,” said Dennis Organ, President of Maple Leaf Foods’ Pork Complex and incoming CEO of Canada Packers. “This choice reflects our deep respect for the history and legacy of this iconic...
For a Limited Time, Enjoy the Boldly Irresistible Taste of HORMEL® Pepperoni in a Fun, New Shape
The makers of HORMEL® Pepperoni are excited to announce the launch of HORMEL® Pepperoni Confetti — a bold, innovative shape that brings even more irresistible flavor to your favorite dishes. This limited-time product is set to revolutionize pizza night and elevate snacks for every occasion.
HORMEL® Pepperoni Confetti stands out with its unique ribbon shape, designed for even distribution across a pizza and allowing for maximum pepperoni goodness in every bite...
Brazil Pork Exports Grow 7.3% in September
Brazil's pork export volume for September 2023 reached 120,400 tonnes, a 7% increase year-on-year, according to data from the Brazilian Animal Protein Association (ABPA). This marks the second-highest monthly export volume on record, following July 2023’s peak of 138,300 tonnes.
Export revenue rose at an even faster pace, jumping 16% to US $284 million, compared to $245 million in the same month last year. This is also the second-best revenue figure in history. The rise in average...
PODCAST: Agri-Food for Thought Ep 14 - Crisis at the Ports Cools; Pork Market Deep Dive
Bob Evans Launches All-New Breakfast Value Menu Starting at $5.99
Bob Evans Farmhouse Kitchen™ is excited to announce the launch of their all-new breakfast value menu, "Sunrise Savers," debuting today, October 3. The new breakfast menu gives guests high-quality, farm fresh dishes at affordable prices – putting more food on your table for less. The Sunrise Savers menu features an array of wholesome, delicious dishes, ranging from farmhouse classics to brand new dishes designed with flavor and value in mind.
"At Bob Evans Farmhouse Kitchen, our goal is to excite our...
How a Port Strike Could Ripple Through the Ag Sector
The port strike has entered its third day and the United States Maritime Alliance (USMX) has signaled that they are willing to resume negotiations with the International Longshoremen's Association (ILA), but without preconditions made by the union.
In an update provided Wednesday, USMX stated: "Reaching an agreement will require negotiating – and our full focus is on how to return to the table to further discuss these vital components, many of which are intertwined. We cannot agree to preconditions to return to bargaining – but we remain committed to bargaining in good...
Live Updates: Key Developments in the East and Gulf Coast Port Strike
October 3: The port strike has entered its third day and the United States Maritime Alliance (USMX) signaled that they are willing to resume negotiations with the International Longshoremen's Association (ILA), but without preconditions made by the union.
In an update provided Wednesday, USMX stated: "Reaching an agreement will require negotiating – and our full focus is on how to return to the table to further discuss these vital components, many of which are intertwined. We cannot agree to preconditions...
The Retail Rundown: Port Strike Sends Shockwaves Throughout Supply Chain
The strike at East and Gulf Coast ports officially began once the calendar turned to October, following unsuccessful contract negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX).
The strike's impact is being felt throughout the supply chain, causing significant disruptions in the flow of goods ahead of the rapidly approaching holiday season.
In a statement released on Tuesday, USMX stated that its current offer includes a nearly 50% wage increase. In response, ILA said it has rejected USX's offer "because it fails to address...
Hurricane Helene Intensifies U.S. Agriculture Disruptions As Port Strike Officially Starts
Hurricane Helene, a powerful Category 4 storm, made landfall in Florida's Big Bend region on September 26, 2024. The storm caused widespread destruction across the southeastern U.S., with the death toll approaching 125 as of this writing.
Its damaging winds, storm surge, and flooding led to power outages and infrastructure damage in Florida, Georgia, Tennessee, and the Carolinas–with the Carolinas seemingly suffering the greatest impacts. Parts of North Carolina are submerged under water, where roads have been washed out and properties have been flattened. As of October 1...
IHOP Is Bringing Weekends to the Weekdays to Celebrate the New Value-Driven House Faves Menu
Today, IHOP® announced it’s bringing the weekend to the weekday by inviting guests to enjoy its new House Faves menu every Monday through Friday from 7am-10pm, for just $6. IHOP prides itself on listening and reacting to guest feedback quickly; knowing customers are constantly looking for more ways to save when dining out with their families, the brand curated its House Faves menu with some of its best-selling breakfast items for guests to enjoy for just $6...
Pork Dynasty Inc. Recalls Ready-to-Eat Fried Pork Skin Products
Pork Dynasty Inc., a Houston, Texas establishment, is recalling approximately 469 pounds of ready-to-eat fried pork skin products due to misbranding and an undeclared allergen, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains soy, a known allergen, which is not declared on the product label.
The following products are subject to recall, regardless of the product date [view labels]:
ANALYSIS: Mexico’s Livestock Trade Deficit Persists Amid Volatile USD:MXD
The Grupo Consultor de Mercados Agrícolas (GCMA) reported that Mexico's livestock trade balance remains in deficit, driven by increasing domestic prices that spurred record beef and pork imports. Between January and July 2024, meat imports totaled 1.67 million tonnes, a 6.3% increase from the same period in 2023.
Homero García de la Llata, president of Mexicos National Confederation of Livestock Organizations (CNOG), pointed out that several problems and weaknesses are affecting livestock farming in Mexico. These include low productivity, limited financing, and a lack of innovation and technology....
The Makers of HORMEL® BLACK LABEL® Bacon Introduce OVEN READY™ Thick Cut Bacon
The makers of HORMEL® BLACK LABEL® Bacon are committed to pushing the boundaries of bacon innovation, and today, the brand is once again revolutionizing the category with the launch of its latest patent-pending product: HORMEL® BLACK LABEL® OVEN READY™ Thick Cut Bacon with Oven Safe Tray. This first-of-its-kind product brings the convenience of fully cooked bacon while offering a mess-free, easy-to-prepare option for bacon lovers everywhere...
The Retail Rundown: Onwards to October
With October nearing, the shift in retail meat features from grilling cuts to roasts is picking up pace. More households are utilizing their ovens and crockpots, making it prime time for hearty ingredients like chuck roasts and pork shoulders.
Still, warmer weather lingers in some regions. For those with favorable grilling conditions, shoppers may find deals on items like steaks, ribs, and pork chops as retailers work to move any extra inventory.
This week’s retail buying opportunities show seafood continuing to lead, making up 26.9% of protein advertisements, followed by pork at 24.7%, beef at 21.2%...
7-Eleven, Inc.'s Laredo Taco Company Celebrates National Taco Day and National Quesadilla Day
7-Eleven, Inc.'s Laredo Taco Company® is rolling out special offers on fan-favorite Mexican fare in honor of National Quesadilla Day on September 25 and National Taco Day on October 4. Laredo Taco Company, 7-Eleven's Mexican restaurant, is known for its authentic flour tortillas made fresh every day and its salsa bar featuring a wide selection of salsas and pico de gallo.
To celebrate National Quesadilla Day on September 25, Laredo Taco Company is offering...
O’Charley’s Rolls Out the Red Carpet with New V.I.P. Menu and Expanded Core Menu Featuring Prime Rib
O’Charley’s Restaurant + Bar is excited to announce the launch of its new Value Inspired Plates (V.I.P.) menu on September 23. With 15 budget-friendly items all priced at $12.99 and under, guests can enjoy incredible flavors and great value without breaking the bank. Who says being a V.I.P. has to come with a big price tag?
As a V.I.P., you’re invited to indulge in a variety of delicious dishes that deliver both value and flavor...
Laoban Doubles Retail Footprint, Expanding Into Major Conventional Retailers
Laoban, the Asian frozen food brand known for using high-quality ingredients to make mouth-watering dumplings and bao buns, has doubled its retail distribution by adding 6,000 points of distribution.
In the past month alone, Laoban launched its dumpling line in thousands of Walmart and Kroger stores. The company also increased the distribution of its new Bao Bun, now available at Sprouts nationwide. Beginning next month, one Bao Bun flavor will also be available at over 200 Target locations across the country. Laoban will also release another exclusive product...
ANALYSIS: Pork Cutout Continues its Gradual Decline
The pork cutout value has been steadily decreasing since the end of July, closing at $93.24/cwt on September 13th. This decline, while aligning with historical seasonal trends, represents a 12.1% decrease since July 29th and a slight dip below last year’s value. The decrease in value can be attributed to a combination of factors, including increased production levels, which are currently 2.4% higher than this time last year.
The week of September 16th saw a continuation of this downward trend, with the total cutout value falling 4.2% below...
Cracker Barrel Reports Fourth Quarter Fiscal 2024 Results
Cracker Barrel Old Country Store, Inc. today reported its financial results for the fourth quarter of fiscal 2024 ended August 2, 2024. In 2024, the fourth quarter and fiscal year included an additional operating week ("53rd week") compared to fiscal 2023.
Fourth Quarter Fiscal 2024 Highlights
ANALYSIS: Pork Exports Surged to 10-Year Highs in July
The USDA's latest pork import/export report reveals a robust trend in U.S. pork exports, reaching a decade-high volume of 566,659 thousand pounds in July 2024. This marks an 8.1% increase from the previous month and a significant 12.3% year-over-year growth.
Mexico, a key trade partner, saw a substantial increase in U.S. pork imports, with a 25.6% month-over-month and 25.9% year-over-year surge, potentially driven by HPAI restrictions impacting US poultry exports, which has since begun to ease...
The Retail Rundown: Going All-Out for Autumn
Fall is just around the corner, with the official start of autumn this Sunday, September 22. As cooler weather sets in and travel plans wind down, grocers are ramping up their offerings of seasonal favorites to align with the change in consumer preferences.
According to the Expana Retail Activity Index, seafood continues to lead for the fourth week in a row, making up 30% of total protein ads. Beef and pork are close behind, each at around 25%, while chicken accounts for 14%. Eggs represent 2.8% of retail opportunities, and turkey has 2.3%...
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