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The Retail Rundown: Several Occasions to Boost Spending This Month
The calendar has finally changed to May and grocers are eager to capitalize on the warming trend as households begin to soak up the sun and dust off their grills.
This month has several occasions that help drive food purchases and store traffic—one being baseball season. Hot dogs, brats, beer, and more are a home run with fans with fans cheering on from home and in the stadiums.
Coming up this Friday is Cinco de Mayo, which is expected to increase ethnic food purchasing. The deli-prepared section of the store benefits from this celebration by featuring entrees like quesadillas and tacos in the days leading up to the holiday...
The Retail Rundown: Inching Towards May
Grilling enthusiasm is picking up as we inch closer to May. However, spring fever among shoppers may be lacking for now as chillier weather returns to portions of the country this week.
In the meantime, grocers are preparing for several occasions next month that could help accelerate sales of various snack items and proteins.
Next week is Cinco de Mayo, a holiday that commemorates Mexico's victory over the French army in 1862. This holiday could increase sales of items including salsa and tortilla chips along with meat as consumers indulge in dishes like enchiladas and tacos...
Initial Crop Progress Reports Show Corn Plantings 2% Underway
Corn plantings for the week ending April 2 were 2% underway when averaging the 18 primary corn production states. This is on par with the 5-year average by this time last year and is also even with this week last year.
Texas is slightly ahead of schedule, with 57% of its corn crop in the ground, compared to the 5-year average of 54%.
Plantings in Kentucky (2%), Kansas (1%), and North Carolina (1%) are mostly on par with their respective 5-year average planting rates. Meanwhile, thirteen of the...
ANALYSIS: Lighter Cattle Weights and Reduced Output Pull YTD Beef Production Lower
ANALYSIS: A Seasonal Snapshot of Christmas and Easter's Boost to Lamb Leg Sales
ANALYSIS: A Closer Look at Formula vs. Negotiated Sales in the Boneless Beef Segment
ANALYSIS: UK Beef Fillet and Sirloin Prices Firm as Cattle Tightens
Mintec Completes Fourth IOSCO Accreditation for Proprietary Agrifood Prices