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Taco Del Mar Goes “Beyond Meat” with New Taco Made with Plant-Based Protein
Taco Del Mar is introducing plant-based protein to its current vegetarian and vegan menu with its new Beyond Meat Taco. Beginning August 20, the taco chain will be testing its new offering at 10 restaurant locations, spread between Seattle, WA and Vancouver, BC.
The Beyond Meat Taco features the popular plant-based Beyond Beef Feisty Crumbles mixed with medium chipotle salsa, diced onions and minced serrano peppers, topped with shredded cheddar and Monterey jack cheese, shredded lettuce, pico de gallo and jalapeños served on warm corn tortillas. The plant-based protein is also available...
FAT Brands Continues Expansion in Pakistan With 5-Unit Development Deal
FAT(Fresh. Authentic. Tasty.) Brands Inc, parent company of Fatburger, The Last Great Hamburger Stand, announces today the development of five co-branded Fatburger and Buffalo’s Express concepts in Pakistan. In partnership with Crescent Star Foods (Pvt), the co-branded restaurants will increase the brand’s presence in Pakistan to six restaurants.
Hollywood's iconic Fatburger is best known for its mouthwatering, juicy burgers made famous by founder Lovie Yancey in Los Angeles more than 70 years ago. Each Fatburger is made-to-order with traditional fixings and delicious add-on items such as bacon, onion rings, cheese and egg. Buffalo’s Express further complements Fatburger’s menu offerings with...
This Week in Retail: Prepare for Pre-Season Protein Demand
We’re halfway through August, but protein demand doesn’t expire with the summer season. In fact, consumers may even be stepping up their purchases at the meat case as the NFL preseason is officially underway! And the regular season is just around the corner.
It’s been six long months since fans were treated to their favorite teams facing off on the gridiron. Now, everyone is getting in on the action. Retailers across the board are running promotions to capitalize on the return of football frenzied spending.
Grocers are changing up end caps from summer smore displays to game day essentials. Grilling ads are shifting from summer barbecues in the backyard to...
Ruby Tuesday to Roll Out Two New Meals for a Limited Time
To reach both current and new guests capitalizing on the Ruby Tuesday commitment to flavor and freshness, Ruby Tuesday is rolling out the flavor-filled Cheesy Crunch Burger and Honey Crunch Chicken Sandwich across 460 participating locations for a limited time only, Aug. 19 through Sept. 23. Combining highly appealing ingredients that are both crunchy and spicy, the new items focus on big flavor at an everyday value price of $7.99.
“We want to create meals that highlight the brand’s belief that fresh is best, flavor is key and comfort is a must,” said Jenifer Boyd Harmon, chief marketing officer for Ruby Tuesday. “In addition, we wanted to remind consumers that Ruby Tuesday offers value you can count on without compromising...
Smithfield Foods Launches Plant-Based Protein Portfolio Under Pure Farmland Brand
Smithfield Foods, Inc. today announced that it is launching a plant-based protein portfolio under the company’s Pure Farmland brand. The new line comes in a variety of breakfast patties, meatballs, burger patties, and pre-seasoned protein starters to help consumers grow their plant-based protein options for all meal occasions, including breakfast, lunch, dinner, and appetizers.
The brand-new Pure Farmland soy-based line features eight fresh, versatile, juicy, and flavorful products. Proudly crafted in the USA, all items are made with natural flavors, are gluten and dairy free, and serve as a good source of protein. Given that soy is a complete protein, it provides levels of all essential...
CHART: Industry Expectations for Cattle Slaughter
Applebee's Offers Handcrafted Burger Deal for a Limited Time
Applebee’s has mastered the art of crafting craveable burgers with its Handcrafted Burgers, which are made to order with premium toppings stacked high. Each burger at Applebee’s is made tastier and more flavorful with 100% fresh and never frozen ground beef, smashed on the grill to seal in the juicy goodness, and served with endless classic fries.
Leading the pack is Applebee’s own Quesadilla Burger, available for a limited-time price of only $7.99, starting today. The restaurant’s original creation is part burger, part quesadilla, piled high with Pepper Jack cheese, Applebee’s signature Mexi-ranch sauce, crispy Applewood-smoked bacon, house-made pico de gallo and shredded lettuce in a crisp, warm Cheddar quesadilla. To top it off, this limited-time deal also includes...
Tyson Foods to Rebuild Kansas Beef Plant and Pay Workers Following Fire
A fire partly destroyed the Tyson Foods beef plant in Holcomb, Kansas on Friday, August 9. The plant will be down indefinitely, however; the company plans to rebuild the plant at the same location. Officials are still assessing the damage, so it’s too early to establish a timeline, but work to clear damage has already begun.
“This is a difficult time for our team members and their families, and we want to ensure they’re taken care of,” said Steve Stouffer, group president of Tyson Fresh Meats. “Today, we will notify our full-time, active team members that they’ll be paid weekly until production resumes.”
Stouffer said the team members may be called on to work during this time to help with clean-up and other projects, but regardless of the hours worked, all full-time active employees are...
Kansas Beef Plant Fire Could Weigh on Cattle Market Near-Term
A large fire occurred Friday at the Tyson Foods beef plant in Holcomb, Kansas, forcing the evacuation of all workers and closure of the facility for an undetermined period.
The loss of that plant means that, at least temporarily, the industry will likely process around 6,000 fewer cattle per day, which could weigh on the cash market and possibly near-term futures as well. The market could react bearishly to the news since fed cattle supplies will have to be absorbed by fewer plants operating for an as yet undetermined time. However, less beef output could also push up wholesale prices for beef.
The industry has been processing an average of about...
Nielsen: Meet the New "Meat" Eater
Meat alternatives have made a big splash in consumer packaged goods (CPG), and sales are on the rise. But are manufacturers and retailers doing enough to educate consumers in this space? Getting consumers to try trendy plant-based foods is one thing, but encouraging long-term adoption and lifestyle change is another.
Today’s shoppers are, in many cases, omnivores, but they’re playing the field when it comes to exploring meat alternatives in their search for dietary protein. In fact, protein-seeking consumers are more likely than ever to consider all the options available to them. Nielsen Homescan consumer purchase metrics indicate that 98% of meat alternative buyers in America also purchase meat products. Conversely, 21% of U.S. meat buyers, also purchase...
Subway and Beyond Meat Unveil Partnership and the Beyond Meatball Marinara
Subway fans know they can customize their favorite sub to fit any lifestyle and now guests have even more options. Today, Subway unveils a new culinary innovation partnership with Beyond Meat to test exclusive plant-based protein options. Starting this September and for a limited time only, Subway restaurants will test the Beyond Meatball Marinara sub in 685 participating restaurants in Canada and the U.S.
The strategic collaboration with Beyond Meat reflects Subway's continued culinary innovation journey to offer guests even more best-in-class food experiences that they can only find at Subway restaurants. In the past month, Subway has announced exclusive partnerships to offer...
Strong Finish to First Half for U.S. Pork, Beef Exports
U.S. pork and beef exports were above year-ago levels in both volume and value in June, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Led by a rebound in Mexico and China, pork export value was the highest in 14 months, while strong results in South Korea and Taiwan pushed beef export value to the fourth-highest total on record.
June pork exports posted double-digit gains in both volume and value, reaching 212,887 metric tons (mt), up 11% year-over-year, valued at $569.2 million (up 12%). For the first half of 2019, pork exports remained 2% below last year in volume (1.25 million mt) and were down 6% in value to $3.14 billion.
Pork export value averaged $56.99 per head slaughtered in June, up 7% from a year ago and the highest monthly average since April 2018. First-half export value averaged $50.05 per head, down...
QDOBA Mexican Eats Launches New Keto, Vegan, and Double Protein Bowls
QDOBA Mexican Eats, a leading Mexican fast-casual chain, is adding three new chef-inspired bowls to its restaurants systemwide. Following the successful introduction of Impossible™ – a plant-based protein – to its menu, the brand continues to expand its lifestyle options to fit guests’ varying lifestyles. QDOBA’s latest creations include:
CHART: Industry Expectations for Weekly Cattle Slaughter
Denny's Features Sirloin Steak in New Limited Time Offer
For more than 60 years, Denny's has been offering guests a variety of delicious and affordable menu items for breakfast, lunch, dinner and any time in between. And now, Denny's is dishing up even more value than ever before with its new Sirloin Steak & Eggs available starting today for only $8.99 ($10.99 in some markets), offering guests the perfect combination of breakfast and dinner for less.
For a limited time, guests can enjoy Denny's new Sirloin Steak & Eggs, featuring an expertly seasoned USDA choice sirloin steak, crispy hash browns and two fresh eggs. This winning combination is just one of many new and exciting menu items that has been added to the Denny's menu recently. 78 percent of Denny's menu has been updated to reflect new recipes, higher-quality ingredients and...
Industry Reacts to US Beef Access to the EU
On Friday, the United States and European Union signed a breakthrough agreement to allow access of US beef into the EU. The United States will be able to nearly triple its annual duty-free exports of beef to the EU over the next seven years. American ranchers will be guaranteed a larger share of Europe's beef market, with annual exports expected to increase from $150 million to $420 million once the agreement is fully implemented.
The North American Meat Institute is applauding the Trump Administration's successful efforts to expand access for US beef. Meat Institute President and CEO, Julia Ann Potts, said, “We again thank the Administration for prioritizing the expansion of markets for US meat products. We look forward to continuing to work with the Administration to further reduce barriers impeding, and improve access for, US meat and...
Tyson Foods Reports Third Quarter Fiscal 2019 Results
Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:
First Nine Months Highlights
•GAAP EPS of $4.51, down 33% from record prior year (prior year included a one-time tax benefit of $2.71)•Adjusted EPS of $4.25, down 7% from record prior year•GAAP operating income of $2,223 million; Adjusted operating income of $2,291 million•Total Company GAAP operating margin...
United States and European Union Sign Breakthrough Agreement on U.S. Beef Access to EU
The United States will be able to nearly triple its annual duty-free exports of beef to the European Union (EU) over the next seven years under a new agreement signed today at the White House.
American ranchers will be guaranteed a bigger share of Europe’s beef market, with annual duty-free exports expected to grow from $150 million to $420 million when the agreement is fully implemented.
“American ranchers produce the best beef in the world. Thanks to President Trump’s leadership, this new agreement ensures that American ranchers can sell more...
This Week in Retail: Enter the Dog Days
Goodbye July—hello August. The dog days of summer are here as we enter the lazy hazy final crazy days of the season.
August is often referred to as the “Sunday of summer” and that perspective could bode well for retail sales as consumers seek to soak up the last few weeks of sunshine and outdoor activity before the school year resumes and the weather begins to transition again.
Beef is killing the retail game in recent weeks, taking the top weekly spot for protein feature volume during the entire month of July. Currently, beef ads account for 27 percent of circular real estate, beating out second placed seafood at 23 percent. Steak features make up about half...
Burger King to Launch the Impossible Whopper Nationwide
Burger King restaurants announced today that it is bringing the plant-based Impossible Whopper sandwich nationwide this month. Starting on August 8, guests across the nation will be able to visit their local BK restaurant, or order for delivery via the BK App and through DoorDash, to try the Impossible Whopper for a limited time only and decide for themselves if it delivers the same flame-grilled, juicy craveability of the famous Whopper sandwich.
The Impossible Whopper is 100% Whopper, 0% beef. It features a flame-grilled patty made from plants topped with freshly sliced tomatoes and onions, crisp lettuce, creamy mayonnaise, ketchup and zesty pickles on a toasted sesame seed bun.
“We are really excited to be able to offer our new Impossible Whopper to our guests across the country at an unbeatable value for a limited time,” said Chris Finazzo, President, North America, Burger King Corporation. “Since we first launched our market tests in St. Louis in April, and...
FDA Authorizes Soy Leghemoglobin as a Color Additive
The U.S. Food and Drug Administration (FDA) is amending the color additive regulations to provide for the safe use of soy leghemoglobin as a color additive in ground beef analogue products (e.g., “veggie” burgers). The FDA is taking this action in response to a color additive petition submitted by Impossible Foods, Inc. requesting FDA to issue a regulation listing the use of soy leghemoglobin as a color additive in food.
This final rule is in response to a color additive petition submitted by Impossible Foods, Inc., filed on November 5, 2018. The FDA reviewed the information and data submitted by the firm, as well as other relevant information, and concluded...
Conagra Brands Inc Recalls Canned Beef Products
Conagra Brands, Inc., a Milton, Pa. establishment, is recalling approximately 32,400 pounds of canned beef products due to a potential processing defect, resulting in the potential survival of bacterial pathogens in the products, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The canned beef items were produced on July 18, 2019. The following products are subject to recall...
Taco Bell Releases Statement Regarding Reduction in Antibiotics Used for Beef
Taco Bell recognizes consumers’ growing food supply concerns, including animal welfare and antibiotic resistance. Building upon its commitment to making its beef more sustainable from January 2019, Taco Bell has committed to reduce antibiotics important to human health in its U.S. and Canada beef supply chain by 25% by 2025. This new policy around its dominant menu protein, beef, will better protect human, animal and environmental health.
As part of this new policy, Taco Bell will also give preference to suppliers that are making measured reductions in their use of antibiotics important to human health, as defined by the World Health Organization, as well as suppliers that increase veterinary oversight when it is required to medically treat sick animals. Preference will also be given to...
Beyond Meat Reports Second Quarter 2019 Financial Results
Beyond Meat, Inc. (NASDAQ:BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its second quarter and six months ended June 29, 2019.
Second Quarter 2019 Financial Highlights Compared to Prior Year Period
Kent Quality Foods Inc Recalls Ready-To-Eat Sausage Products
Kent Quality Foods, Inc., a Grand Rapids, Mich. establishment, is recalling approximately 48,681 pounds of ready-to-eat polish sausage with beef products that may be contaminated with extraneous materials, specifically pieces of flexible pink rubber, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The ready-to-eat polish sausage with beef items were packaged on June 17, 2019 and June 20, 2019. The following products are subject to recall...
Home Market Foods Inc Recalls Frozen Ready-To-Eat Beef and Pork Meatball Products
Home Market Foods, Inc., a Norwood, Mass. establishment, is recalling approximately 53,217 pounds of frozen ready-to-eat beef and pork meatball products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The products contain milk and wheat, known allergens, which are not declared on the product label.
The frozen ready-to-eat beef and pork meatball items are labeled as “Homestyle Meatballs All Natural” products but may contain “Cranberry Stuffed Meatballs” products. The items were produced on April 2, 2019. The following products are subject to recall...
CM&R Inc Recalls Beef Stick Products
CM&R Inc., a St. Paul, Minn. establishment, is recalling approximately 25 pounds of ready-to-eat beef stick products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The products contain milk, a known allergen, which is not declared on the product label.
The ready-to-eat beef snack stick items are labeled as “Smoked & Uncured Maple Beef Snack Sticks” products but contain “Smoked & Uncured Mild Beef Sticks with Cheddar Cheese” products. The items were produced on June 19, 2019. The following products are subject to recall...
Cargill States Commitment to Reduce Greenhouse Gas Emissions Across North American Beef Supply Chain
Global demand for protein is rising rapidly, challenging farmers, ranchers and agribusiness to feed a growing population while protecting the planet. Across the food and agriculture industry, there is a pressing need to do more with less impact. To help address this need, Cargill is launching BeefUp Sustainability, an initiative committed to achieving a 30% greenhouse gas (GHG) intensity reduction across its North American beef supply chain by 2030.
The opt-in initiative will reduce GHG emissions throughout Cargill's beef supply chain from a 2017 baseline, measured on a per pound of product basis. BeefUp Sustainability is designed to engage a diverse set of stakeholders including producers, customers and innovators. The initiative will focus on four key areas: grazing management, feed production, innovation and...
Early Bird Pricing Ends SOON for Global Protein Summit in Chicago
Urner Barry, the leading provider of protein market news and information in the food industry, is hosting a brand-new event specifically designed for those in the beef, pork, and poultry industry on October 6-8, in Chicago.Urner Barry’s Global Protein Summit has been designed to bring clarity and insight into the increasingly complex business of food and agriculture, with a two-day agenda packed with intel from the foremost experts on economics and agribusiness. Throughout the event, hear from top speakers and analysts on China and other global trade partners, African Swine Fever, alternative proteins, changing consumer demands, and what to look out for as we move forward. A few speakers now include...
CHART: Industry Expectations For Weekly Cattle Slaughter
US Foods Recalls Raw Beef and Pork Products
US Foods, a Birmingham, AL, establishment, is recalling approximately 712 pounds of raw beef and pork products that may be adulterated due to possible product contamination, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The fresh and frozen raw beef and pork items were produced July 18, 2019. This spreadsheet contains a list of the products subject to recall.
The products subject to recall bear establishment number “EST. 21103” inside the USDA mark of inspection. These items were shipped to...
Market House Meats Adds Custom Meat Processing
A year and a half after announcing the addition of its new land-based protein division, Market House Meats will open an additional facility offering custom meat processing to local restaurant and foodservice operators. The new USDA-inspected facility will accommodate specialty orders such as dry-aged cuts tailored to customer focused specifications.
“Market House Meats has far exceeded expectations,” said Mike Higgins, The Fish Guys, Inc. Owner and CEO. “With this addition, we’ve hit a goal to see this company become a true full-service, center-of-the-plate protein purveyor.”
According to Tim McKee, The Fish Guys SVP of Business Development and James Beard award-winning, “Adding a cutting facility opens up a lot of doors. We have customers that have been asking for this service since...
Tim Hortons Expands Beyond Meat Offerings
After the successful launch of three new Beyond Meat® Breakfast Sandwiches last month, Tim Hortons is expanding plant‑based offerings to the lunch and dinner menu with two new, delicious Beyond Burgers. This marks the first time Tim Hortons has been able to include a burger on the menu because the burger patty is prepared in the same way as the Beyond Sausage™ patty for the new breakfast sandwiches.
The 100% plant‑based burger patty was developed by Beyond Meat to taste like a beef burger. The result is a truly satisfying burger experience that is now available at the nearly 4,000 Tim Hortons restaurants nationwide.
There are two Beyond Burgers for guests to enjoy from coast to coast...
Quick Service Burger Buyers Mix it Up Between Plant-Based and Beef
Plant-based burgers are increasingly finding their way on to quick service restaurants (QSRs) menu boards and customers are responding. There were 228 million servings of plant-based burgers ordered at QSRs in the year ending May, up 10 percent from a year ago, reports The NPD Group. With all of the buzz surrounding the popularity of plant-based burgers some are wondering if veggie burgers are closing in on beef burgers or if the growth of plant-based burgers corresponds to an increase in vegetarianism or veganism. Here are some answers.
Beef burgers are still by far the most popular burger ordered at QSRs. There were 6.4 billion beef burgers ordered at QSRs in the year ending May 2019, and although growth is flat compared to year ago, beef burgers are still...
Wendy's Makes Summer Sizzle With Launch Of Baconfest
As the home of the #1 selling bacon cheeseburger*, and quite frankly, the Boss of Bacon, Wendy's is launching an epic bacon celebration – Baconfest. Why? Because Wendy's bacon is always worth celebrating and honestly, doesn't need a reason.
Starting today, Wendy's is kicking off Baconfest exclusively with DoorDash, offering its bacon-loving fanatics a free Jr. Bacon Cheeseburger and $0 delivery fee with a minimum of $10 Wendy's purchase for a limited time using code BACONFEST.** Free bacon and $0 delivery fee? Yes, please...
Fieldsource Food Systems, Inc. Recalls Beef and Poultry Products
Fieldsource Food Systems, Inc., a Brea, Calif. establishment, is recalling approximately 12,953 pounds of diced beef and chicken products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The products contain wheat, a known allergen, which is not declared on the product label.
The uncooked, marinated, diced beef and chicken cubes were produced from June 9 through July 10, 2019. The following products are subject to recall:
20-lb. boxes containing four unmarked 5 lb. plastic bags...
Ada Valley Gourmet Foods, Inc. Recalls Beef Products Due to Possible Foreign Matter Contamination
Ada Valley Gourmet Foods, Inc., an Ada, Mich. establishment, is recalling approximately 3,490 pounds of raw ground beef meatloaf products that may be contaminated with extraneous materials, specifically broken metal bits, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The frozen, premixed raw ground beef meatloaf was produced on May 20, 2019. The following products are subject to recall: [View label (PDF only)]
5-lb. frozen vacuum packages packed 2 each in cartons containing...
Urner Barry Rolls Out Updated Foreign Trade Data Platform
New Site to Include Red Meat Import/Export Stats for the First Time Ever
Urner Barry, the leading provider of protein market news and information in the food industry, is pleased to announce the launch of a new and improved Foreign Trade Data service, complete with newly added Customs and Census data for pork, beef, lamb and veal.
Foreign Trade Data has long provided detailed information on each and every frozen, waterborne shipment of seafood entering the United States, with records being updated regularly with the most recent data available. Now, U.S. Customs export data has also been newly added for seafood. Subscribers can now track Customs exports of crab and other species.
And for the first time ever, Foreign Trade Data subscribers will have access to the latest intelligence surrounding red meat imports and exports. Users can...
Fox's MasterChef to Feature Beef. It's What's For Dinner.
Thanks to an investment from the Federation of State Beef Councils, an upcoming episode of a popular Fox network food show will feature Beef Checkoff-funded Beef. It's What's For Dinner.
As part of its biggest and toughest season yet, MasterChef Season 10 has partnered with the Beef Checkoff to bring viewers the beefiest Backyard BBQ challenge. Tune in to Fox on Thursday, July 18 at 8/7c to see how chefs use various popular beef cuts in the challenge...
Including Beef in Healthy Diets is a Smart Approach to Healthy Lifestyles
The National Cattlemen’s Beef Association (NCBA), a contractor to the Beef Checkoff, told members of the Dietary Guidelines Advisory Committee (DGAC) in oral comments that an overwhelming body of scientific evidence shows that healthy diets including red meat, like beef, support optimal health and well-being.
“Beef is a high-quality protein powerhouse providing a unique combination of bioavailable iron, zinc and B vitamins essential to building and maintaining strength from infancy through our later years,” said Shalene McNeill, PhD, RD, NCBA Executive Director of Nutrition Research...
The Packaged Burgers Market at a CAGR of Almost 8% During the Forecast Period
Packaged burgers are sold in ready-to-eat and ready-to-cook forms by food retailers such as supermarkets, hypermarkets, convenience stores, and others. This packaged burgers market analysis considers the revenue generated from the sales of frozen burgers, chilled burgers, and fresh burgers. Our analysis also considers the sales of packaged burgers in North America, Europe, APAC, MEA, and South America.
In 2018, the frozen burgers segment had a significant market share, and this trend is expected to continue over the forecast period...
Pork and Beef Exports Rebound in May; Volume and Value Reach 2019 Highs
May exports of U.S. pork and beef were steady with last year’s strong volumes and increased year-over-year in value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Pork exports totaled 217,999 metric tons (mt) in May, steady with last year’s pace, while value increased 1% to $567.8 million – the highest monthly value total since April 2018. For January through May, pork exports were still 4% below last year in volume...
Burger King Restaurants Introduces the $1 Crispy Taco
Taco-bout a surprise. Starting today, BURGER KING® restaurants are introducing a $1 Crispy Taco nationwide*. The Crispy Taco features a crispy, crunchy tortilla filled with seasoned beef, shredded cheddar cheese and crisp lettuce, all topped with just the right amount of our savory taco sauce. Perfect as a snack on the go, the Crispy Taco can also be added to any meal order for just $1.
In a new commercial, the BURGER KING® King travels to Austin, TX, a city known by some as the...
NCBA, State Affiliates Urge Congress to Ratify USMCA
The National Cattlemen’s Beef Association (NCBA) today sent a letter signed by 39 of its state affiliates to U.S. Senate and House leaders urging them to support the swift ratification of the U.S.-Mexico-Canada Agreement (USMCA).
The letter to Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, House Speaker Nancy Pelosi, and House Minority Leader Kevin McCarthy is NCBA’s latest salvo in the battle to build support for USMCA ratification, coming less than two weeks after the group launched a new media campaign to push the accord...
REPORTER: Beef Demand Remains Strong in the Face of Growing Supplies
REPORTER: Internal Growth and Export Opportunities in the Mexican Beef Market
Brazil Once Again Becomes the World’s Largest Beef Exporter
In 2018, Brazil was the world’s largest exporter of beef, providing close to 20 percent of total global beef exports, outpacing India, the second-largest exporter, by 527,000 metric tons carcass weight equivalent (CWE). Moreover, USDA projects that Brazil will continue its export growth trajectory for the next decade, reaching 2.9 million metric tons, or 23 percent of the world’s total beef exports, by 2028.
Brazil has the world’s second-largest cattle herd—232 million head—and its production is largely based on grass. Increased beef demand worldwide has stimulated increased production and productivity gains. In 2018, Brazil reached its highest level of beef production at 9.9 million metric tons. According to a September 2018 report by USDA’s Foreign Agriculture Service (FAS), programs...
REPORTER: Big Cattle Numbers Seen in 2019
Beef. It's What's For Dinner. Keeps Sizzlin' with New Ads
The iconic Beef. It's What's For Dinner. brand keeps consumers craving beef with the release of its latest drool-worthy creative digital advertisement collection – "Keep Sizzlin'".
The new collection features beef being cooked with the following popular techniques:
The new "Keep Sizzlin'" collection is inspired by the success of the original "Sizzle" video, which caught the attention of consumers by...
Crowd Cow Imports the A5 Wagyu Japanese Packer Brisket as New Product Offering
Crowd Cow, the online marketplace that sources its meat directly from the top 1% of farms and ranches across the country, including Japan for its Wagyu products, announced today that they have exclusively imported a limited amount of Japanese A5 Wagyu "Packer Briskets" into the United States. These briskets, the popular cut for barbecuing that comes from the lower chest of the cow, have a unique cut plan, different from that of a domestic brisket, which lends itself to weighing in at over 30 pounds untrimmed. Even more rare and exclusive are the fewer than 20 Olive Wagyu Briskets from Kagawa that Crowd Cow is offering. The marbling and tenderness of authentic Japanese A5 Wagyu produces...
This Week in Retail: Outlook for the Fourth
Hard to believe it, but the 4th of July is just around the corner. With at or near record production levels in U.S. protein, the industry is counting on good weather and hungry consumers to move some product at retail.
Urner Barry’s weekly retail beef feature index is down roughly 4% compared to the 3-year average—and is also the lowest in 6 years for the current week. Beef has consistently stolen the top spot for overall feature volume over competing proteins recently, with few exceptions. This week, beef claims 26% of protein ad volume and is on track to be the number one category for the week of July 4th as well.
Burgers are arguably the most popular grilling item for large Independence Day gatherings in backyards across America. The year-to-date average for 80% lean ground beef is...
Interstate Hotels & Resorts Breaks Out of the Bun with New Beyond Burger Promotion
As consumers are increasingly changing their diets to plant-based foods, Interstate Hotels & Resorts – a global leader in third-party hotel and resort management – is going beyond traditional menus at the company's hotels and restaurants this summer through a partnership with Beyond Meat® (NASDAQ: BYND) and their famous Beyond BurgerTM.
From July 15 – October 31, 2019, Interstate's restaurant and banquet menus will feature recipes using the Beyond Burger, a plant-based take on the perfect summer meal. With a mission to create the Future of Protein®, Beyond has designed a revolutionary plant-based burger to have the meaty taste, texture and versatility consumers love about ground beef, but with the added health and sustainability benefits of plant-based meat.
With 7.3 million people in the U.S. alone following a vegetarian-based diet, of which 1 million are vegan, Interstate wanted to reach all guests with menu options that appeal to vegetarians and vegans, as well as meat-eaters by offering...
Hardee’s Introduces Latest Burger Innovation
Hardee’s® has announced the launch of one of its best-tested menu items – the new Garlic Bread Thickburger® – coming to stores June 19, 2019. The brand will also debut Cheesy Garlic Fries, the perfect complement to any Hardee’s meal.
The Garlic Bread Thickburger includes a 1/3 lb. 100% Black Angus beef patty, charbroiled over an open flame, topped with a buttery garlic herb spread, parmesan crisps and caramelized onions on Hardee’s buttery toasted sourdough bread.
“We’re thrilled to introduce our latest burger innovation, the Garlic Bread Thickburger, the perfect marriage of house-made toasty garlic bread and premium charbroiled Angus beef,” said Owen Klein, Vice President of Culinary Innovation at CKE Restaurants. “This new flavor combination tested far beyond our expectations, and we know consumers everywhere will be instant fans...
Tyson Foods: We’re Activating the Ingredients for More Growth
Tyson Foods, Inc. (NYSE: TSN) continues to meet changing consumer needs and is well-positioned for long-term, sustainable growth, company officials told investors and analysts today during Tyson Foods’ Investor Day at the New York Stock Exchange.
Chairman John Tyson, President and CEO Noel White and members of the company’s senior management team spoke at the event, which showcased the strength of Tyson’s diversified portfolio, execution of its long-term growth strategy, efforts to increase its value-added product offerings, continued innovation in food and sustainability, and expansion into new global markets.
“We’re poised for long-term growth because we understand consumers and can meet their needs through a broad portfolio of diverse products,” said White. “As we look ahead, prepared foods and value-added chicken are expected to be...
Table 87 Frozen, LLC Recalls Pork and Beef Pizza Products
Table 87 Frozen, LLC., a Brooklyn, N.Y. firm, is recalling an undetermined amount of frozen pizza products containing pork and beef that were produced without the benefit of federal inspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The scope of this recall now includes ready-to-eat, prosciutto and pepperoni pizza products produced from June 3, 2017 through June 4, 2019. The following products are subject to recall...
EU Plans for U.S. Specific Quota on High-Quality Beef Imports
The European Union (EU) plans to provide the U.S. with a country-specific quota for high-quality beef imports, according to a report from Australian trade publication Beef Central. The U.S. Trade Representative and the European Commission reached an agreement in March to grant the U.S. a country-specific share of the 45,000 metric tons duty-free quota. The U.S. will receive an initial allocation of 18,500 tons from the 45,000 tons EU grainfed quota, increasing to 35,000 tons over the next seven years, according to the report. The other major suppliers, Uruguay, Australia and Argentina will share the remainder of the quota volume. Consultations with these other suppliers have now occurred and the next step in the process is for the European Commission to formally begin...
NAMI Joins More than 950 Groups to Call for Swift Congressional Ratification of the USMCA
The North American Meat Institute today joined more than 950 organizations representing the U.S. food and agriculture industries to urge Members of Congress to swiftly ratify the U.S.-Mexico-Canada Agreement (USMCA).
In a letter sent to Congress, more than 950 groups representing the U.S. food and agriculture value chain at the national, state and local levels called on Congress to support the ratification of USMCA. The letter reiterates that USMCA will benefit the U.S. agriculture and food industry while providing consumers a more abundant supply of high-quality, safe food at affordable prices...
April Beef and Pork Exports Below 2018 Levels; Lamb Still Trending Higher
April exports of U.S. beef and pork were lower than a year ago while U.S. lamb exports continued their upward trend, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Beef exports totaled 105,241 metric tons (mt) in April, down 5% year-over-year, though export value was down only slightly at $674.2 million. For January through April, exports were 4% below last year’s record pace in volume (412,547 mt) and 1% lower in value ($2.58 billion).
On a per-head basis, beef export value per head of fed slaughter averaged $305.61 (down 7% from April 2018). The January-April average was $308.34 per head, down 3% from a year ago...
This Week in Retail: Looking Ahead to Father’s Day Spending
Father’s Day is coming up on Sunday, June 16th, and retailers are prepping for the second big grilling holiday of the summer.
According to the National Retail Federation, Father’s Day spending in 2019 is expected to reach an all-time high of $16 billion. That’s up from last year’s $15.3 billion. This monumental spending figure still, however, pales in comparison to spending for Mother’s Day, coming in at a whopping $25 billion.
Mother’s Day has long been known as a foodservice holiday, but Father’s Day tends to favor grilling at home with some quality steaks, burgers, chops or ribs. The NRF also reports that spending for Father’s Day has grown 70 percent over the last decade, with special outings playing a big part of that growth, accounting for a projected $3.3 billion. With 76 percent of...
Hard Rock International Debuts its Most Extensive Menu Innovation
Hard Rock International is announcing its most extensive menu innovation in the company's history with more than 20 new offerings debuting in locations around the world on Friday, June 14, 2019. The legendary restaurant's new menu puts the spotlight on its lineup of all-new, award-winning Steak Burgers, headlined by the world's first edible 24-Karat Gold Leaf Steak Burger™ that will benefit Action Against Hunger.
Steak Burgers aren't the only items making their debut on Hard Rock's new menu, which also includes Instagram-worthy Boozy Milkshakes, Sliders and Shareables that encourage adventure and exploration, allowing fans to curate their most flavorful playlist. The global launch of the new menu coincides with...
American Angus Association Names Mark McCully CEO
The American Angus Association Board of Directors is pleased to announce Mark McCully as the new chief executive officer of the American Angus Association, effective June 10, 2019.
McCully will serve as the chief executive officer for the American Angus Association and for each of the Association’s subsidiaries: Angus Media, Certified Angus Beef LLC, Angus Genetics Inc., and the Angus Foundation.
“This truly is a proud day for the Association and the breed,” said John Pfeiffer, Association president. “Mark has grown up in the cattle business and possesses unique insight into all segments of beef production, his knowledge and leadership have served CAB well, and he will help to continue to drive the demand for...
NAMI Calls on California Department of Food and Agriculture to Postpone Implementation of Prop 12
The North American Meat Institute (NAMI) today submitted public comments regarding California’s Proposition 12 calling for postponement of the law’s implementation so multiple problems affecting consumers and producers may be addressed.
“The Meat Institute appreciates the opportunity to submit these comments,” said Mark Dopp, Senior Vice President of Regulatory and Scientific Affairs and General Counsel in comments submitted on behalf of NAMI. “NAMI wishes to repeat its request that CDFA [California Department of Food and Agriculture] postpone implementing Prop 12 for at least two years and longer as necessary to ensure conversations and a common understanding among the agency, the industry, and consumers about...
Tyson Foods Completes Acquisition of Thai and European Businesses from BRF S.A.
Tyson Foods, Inc. (NYSE: TSN) announced today the successful completion of the acquisition of the Thai and European businesses from BRF S.A. The purchase includes four production facilities in Thailand, and one each in the Netherlands and the United Kingdom. These businesses build on the company’s growth strategy to expand offerings of value-added protein in global markets.
“The addition of this experienced and talented team combined with these businesses strengthens our capabilities and increases our reach to new markets. I’m glad to welcome them to the Tyson Foods family,” said Noel White, president and CEO of Tyson Foods. “We’re now strategically aligned to better serve customers in Europe, the Middle East, and Asia, building on our global strategy.”
It’s estimated that approximately 90 percent of global protein consumption growth will occur outside the United States, with 60 percent of the volume growth coming from...
Beef Quarterly Q2 2019: Changing of the Guard in the Beef Trimmings Market
The world’s largest beef importer, China, is at the centre of growth in beef trade in general, and trimmings trade specifically. Many of the cuts imported by China have been to satisfy the local cuisine. But as diets and foodservice change, this now includes a growing trend in trimmings trade.
The growing demand for trimmings from Asian countries will create additional competition for the US but it is not expected to shift the market yet. Suppliers of trimmings into the global market should be conscious of possible changes in the trade. While steady growth is evident in the Chinese market to date, a short-term demand increase across all proteins as a result of African Swine Fever will likely cause a spike in demand for trimmings...
This Week in Retail: Wholesale vs. Retail Action
There are two sides to every story, and the retail meat situation is no different. This week in retail, we look at some of the dynamics at play in the wholesale arena for beef and pork and how retail has responded.
There seems to be a contra-seasonal trend happening in the wholesale boxed beef market, for grilling items in particular. The loin complex—where we get strip steaks, T-bones, porterhouse steaks and filets—is currently moving in a contrary direction to its historical norms, residing at multi-year lows.
When we look at the retail items derived from this market, bone-in rib steaks are featured nearly 19 percent below year ago levels, at an average $7.19 per pound. Boneless strip steaks are down a whopping 29 percent from this time last year! Porterhouse steaks are right about on par with year ago levels, while T-bones are down 20 cents per pound. Tenderloin filets are down nearly...
JBS USA Announces Nearly $100M Investment at Grand Island Beef Production Facility
JBS USA, a leading U.S.-based, global food company, today announced a $95 million expansion project at its Grand Island, Neb., beef production facility. The project includes new, improved animal handling facilities, a state-of-the-art, temperature-controlled harvest floor and facility reconfiguration designed to improve team member experience, food safety and product quality.
The 107,000 square-foot expansion and facility enhancements will better position the company to sustainably meet evolving customer and consumer expectations for high-quality, great-tasting U.S. beef products. This expansion project has already begun and is anticipated to be completed in early 2021. Operations at Grand Island will...
United States-Colombia Trade Promotion Agreement Pays Dividends to American Farmers and Exporters
The United States-Colombia Trade Promotion Agreement (CTPA) entered into force on May 15, 2012, laying the foundation for a surge in U.S. agricultural exports. Since 2012, U.S. agricultural exports to Colombia nearly tripled from $1.1 billion to $2.9 billion in 2018. Despite its geographic proximity to major U.S. competitors Brazil and Argentina, Colombia, the third-largest economy in South America, purchases half of its agricultural imports from the United States. Preferential access from CTPA and a strong Colombian economy have allowed the United States to increase its market share from 19 percent prior to CTPA, to 50 percent in 2018. Changing demographics, a growing middle-class, and consumer trends toward more modern retail outlets is expected to keep demand strong into the future for high-quality U.S. agricultural exports.
Colombian Macro-economic Trends and Changing Demographics
In addition to CPTA, political stability and a dynamic economy have contributed to Colombia becoming the United States’ 12th-largest destination for agricultural exports, up from...
ANALYSIS: ASF Update; Changing Global Protein Flows
At the time of this report, African Swine Fever continues to spread generally unchecked through China and has more recently expanded to the neighboring nations of Hong Kong, Vietnam and Cambodia, in addition to the revelation that North Korea has been dealing with it since at least February. The lastest official numbers from China admit a 20.8% drop in the April hog herd vs last year and sow losses of 22.3% year over year. As China is notoriously selective with the amount and accuracy of data that they provide the world, this situation could be...
Perdue Premium Meat Company to Acquire Panorama Meats
The nation’s largest producer of grass-fed, organic beef to grow with support of new resources
Panorama Meats®, the nation’s largest producer of 100 percent grass-fed and grass-finished certified organic beef, today announced they were joining Perdue Premium Meat Company, Inc., an industry leader in sustainable agriculture and humane animal care. Panorama will be the most recent brand to join the Perdue Farms family of sustainable premium meat companies that include Niman Ranch®, Coleman Natural®, Prairie Grove® and Sioux-Preme® Packing Co. Panorama’s nearly 50 independent family ranchers raise U.S. born cattle and span seven states and one million acres of USDA Certified Organic grasslands in Northern California, Southern Oregon, Montana, South Dakota, Nebraska, Wisconsin, and Colorado.
“Perdue Premium Meat Company brings long-term stability and shared resources that will...
This Week in Retail: The Memorial Day Rundown
It’s finally here, the unofficial start to summer and the very official start to the grilling season. In the week leading up to Memorial Day weekend, the beef category claims the top spot for protein feature volume at 27 percent, followed by seafood at just under 26 percent.
Chicken managed to knock out pork for the number three spot with 22.5 percent of ad space, leaving pork with 18 percent. Cheaper grilling items like thighs and drumsticks helped boost chicken featuring volume this week. Meanwhile, the beef segment presents the ultimate showdown between ground beef and steak. In the pork complex, we see an increase in pork chop featuring, up nearly 8 percent week over week.
Taking a closer look at the beef complex, Urner Barry’s weekly retail beef index is right on par with the 3-year average at $5.85 per pound. This is down from the previous week’s index of $6.47 per pound. Ground beef features are modestly lower year over year at an average...
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URNER BARRY INDICES