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Jollibee is Bringing Heat Inside and Out with Spicy Chickenjoy

International fast-food chain Jollibee®, world-famous for its next-level crispy and next-level juicy Chickenjoy, is continuing their fried chicken legacy with the introduction of the New Spicy Chickenjoy, available at all U.S. locations.

New Spicy Chickenjoy is next-level spicy from crunch to core. Each piece is marinated spicy to make the chicken flavorful to the bone and is hand-breaded with a signature savory batter to deliver spice in every bite—inside and out. The New Spicy Chickenjoy is the perfect balance of flavor and...

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Dec 8 1:00 PM, General News



Erie Meat Products Ltd. Recalls Chicken Bologna Products Imported Without Benefit of Inspection

Erie Meat Products Ltd., the importer of record in Mississauga, Ontario, Canada, is recalling approximately 1,224 pounds of fully cooked chicken bologna products that were imported and distributed into the United States without the benefit of FSIS import reinspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. 

The fully cooked chicken bologna items were imported on or around November 15, 2021. The following products are subject to recall:

24-lb. cases containing 12, 2-lb vacuum-packed packages of “GOLDEN MAPLE...

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Dec 6 8:40 AM, General News


ANALYSIS: Year-End Chicken Production Begins to Recede

With the final month of Q4 upon us, market participants are reflecting on what has been a topsy turvy year...

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Dec 3 8:16 AM, Urner Barry


This Week in Retail: Jingle Bells, December Sells

December has arrived and retailers have been proactively preparing for what could be a record-breaking season for holiday spending.

The National Retail Federation predicts the highest holiday retail sales on record this year. According to the NRF’s forecast, holiday sales during November and December could grow between $843.4 billion and $859 billion. This compares with a previous high of $777.3 billion in 2020.

Rising incomes along with household wealth, a desire to return to in-person events, and a favorable weather forecast for the holiday season are among the factors contributing to a promising spending outlook...

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Dec 2 8:30 AM, UB Newswires


Bojangles Celebrates Chicken Supremes, Art and Culture in NFT Collaboration

The Southern expert in flavorful food is mixin’ up a cultural blend so perfectly seasoned, you know it can only be from Bojangles. Today, the brand is launching its first ever batch of NFTs – Non-Fungible Tokens – individually crafted by seven North Carolina artists with a nod to Bojangles’ beloved Chicken Supremes™.

NFTs exploded on the scene this year as a non-reproducible form of digital assets, many of which have sold for millions of dollars and some even auctioned off at Christie’s Auction House for fine art...

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Dec 1 1:00 PM, General News


Analysis: WOGs Reluctant to Give up the Limelight

After a prolonged period of seasonally strong market conditions which spanned from April to mid-October, WOGs continue to retain their lofty position in minds of market participants...

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Nov 22 7:55 AM, Urner Barry


Survey Says Americans Want Chicken on their Friendsgiving Plates

Please pass the…chicken! As Americans kick-off the holiday season, many are also gearing up for Friendsgiving – a moment to appreciate our friends that matter most. And this year, friends are choosing chicken as their Friendsgiving centerpiece.

A recent survey of more than 1,000 people across America revealed 65% of people who celebrate Friendsgiving want chicken during the holidays and 77% want to create new traditions, which may include anything from who is at the table to decorations to games played. More than two thirds want...

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Nov 17 8:00 AM, General News


ANALYSIS: Q3 Chicken Exports Conclude With Mixed Undertone

With the latest export figures now revealed, players are eagerly digging into the stats as they reflect on the conclusion of Q3...

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Nov 12 8:00 AM, Urner Barry


Applegate Farms LLC Presents New APPLEGATE NATURALS® Spicy Breaded Chicken Tenders and Bites

Applegate Farms LLC, the nation's leading natural and organic meat brand, today announced two new additions to its APPLEGATE NATURALS® Breaded Chicken line that's sure to bring the heat: APPLEGATE NATURALS® Spicy Breaded Chicken Breast Bites and APPLEGATE NATURALS® Spicy Breaded Chicken Tenders.

"From Nashville hot chicken to hot honey, Americans are craving the heat, and we're excited to put our own spin on it through our new bites and tenders," said Nicole Glenn, Vice President of Brand Strategy & Innovation at Applegate...

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Nov 10 8:00 AM, General News


ANALYSIS: Chicken Cold Storage Holdings: Any Which Way but Average

With all the volatility surrounding the chicken complex in recent weeks, it is easy to lose sight of the big picture. With that in mind, this week we’ve decided to delve into the most recent Cold Storage Report to shine some light on what lies behind the freezer doors...

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Nov 8 8:00 AM, Urner Barry


Chipotle Tests Pollo Asado In Select Markets

Chipotle Mexican Grill today announced it is testing Pollo Asado, the first menu innovation with chicken in its 28-year history, at 95 restaurants across Cincinnati, Ohio and Sacramento, Calif. A new flavor of chicken to hit the grill, Pollo Asado features the unique taste of garlic, fresh lime, guajillo peppers and hand-chopped cilantro.

"Chicken has long been the top protein choice among Chipotle guests," said Chris Brandt, Chief Marketing Officer. "With the celebrated Adobo chicken recipe already on our menu, we decided it was time to add another option and..."

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Nov 4 8:00 AM, General News


ANALYSIS: Chicken Price Correction: Seasonal or Exceptional?

With the dust appearing to settle following the notable price correction on several key lines within the chicken complex, players have begun to recalibrate their expectations for Q4...

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Oct 29 8:00 AM, Urner Barry


Tyson® Brand Introduces Air Fried Chicken Bites

Tyson® brand is bringing more tasty options to the game-day table with its new Tyson® Air Fried Chicken Bites—the protein-packed snack you won't feel guilty serving your guests. Tyson Air Fried Chicken Bites have 75% less fat and 35% less calories than fast food breaded chicken options1, but with the same great taste and crunch of traditionally fried chicken.

Americans today want better-for-you versions of comfort foods, and Tyson Brand is meeting this trend by launching chicken bites in Spicy and Parmesan flavors that have...

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Oct 26 7:55 AM, General News


This Week in Retail: Buying Opportunities Increase for Pork

Meat and poultry features are bountiful this week as consumers hunker down for hearty home-cooked meals during chilly autumn evenings. While Halloween is just around the corner, some retailers are already showcasing Thanksgiving promotions.

This week in retail, buying opportunities were lower week-over-week for turkey and seafood features. Towards the tail-end of October National Pork Month, marketing campaigns pushed pork features higher than the previous week. Meanwhile, retail activity for chicken and beef was nearly flat with the week prior. 

Buying opportunities for seafood this week are centered around fresh/frozen fillets—namely tilapia—and raw shrimp. The fresh/frozen fillets complex makes up 33% of ad space and averages $6.89 per pound, 20.1% above a year ago. Tilapia is up 7.8% from this week last year at $5.93 per pound on average. Atlantic salmon boneless filet is also widely featured and averages $8.68 per pound, compared to $7.70 per pound last year. The raw shrimp complex claims 23% of ad space. The regional price spread for 16-20 raw ranges from $6.99 per pound to $8.99 per pound, generally on par with year-ago levels...

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Oct 22 8:00 AM, UB Newswires


ANALYSIS: Shining Light on Chicken Slaughter

Considering what has been a volatile couple of weeks in the world of chicken, both in terms of pricing and spot availability, we thought it would be a good opportunity to back away from the day-to-day in favor of a broad assessment on the current state of production...

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Oct 22 8:00 AM, Urner Barry


This Week in Retail: Spread Between Food at Home vs Away from Home Narrows

The latest Consumer Price Index (CPI) for September, released by the Bureau of Labor Statistics (BLS), showed the food index up 0.9 percent last month after gaining 0.4 percent in August. The Food at Home (FAH) index showed a 1.2 percent over the month increase with gains across all six major food group indices. The index for meats, poultry, fish, and eggs demonstrated a 2.2 percent over the month increase. The index for dairy and related products posted the smallest increase at 0.7 percent. 

The BLS defines the CPI as the change in prices paid by consumers for goods and services. Overall, the CPI rose by 0.4 percent in September. Notably, gains in the indices for food and shelter contributed to more than half of the monthly all items increase. Over the last 12 months, the all items index rose 5.4 percent before seasonal adjustment. 

The BLS reports that the index for Food Away From Home (FAFH), which was up 0.4 percent in August, gained 0.5 percent in September. Over the last year, the FAFH index rose 4.7 percent. Increases for limited and full-service meals offset a decline in the index for food at employee sites and schools...

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Oct 15 7:59 AM, UB Newswires


ANALYSIS: Have Times Changed for Chicken Breast Meat?

Several months ago, Urner Barry published an analysis piece titled “Will Chicken Ever Come Up For Air?”...

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Oct 8 8:22 AM, Urner Barry


This Week in Retail: Seafood Reigns Number One in Retail Ads This Week

Grocers' protein promotions this week included more seafood, which claimed the top spot in retail buying opportunities at about 30%. This is up from 27.3% the week prior and 25% this time last year.

The uptick in seafood featuring might be attributed to increased marketing campaigns for National Seafood Month. Organizations such as NOAA Fisheries utilize this month as a time to educate consumers about the U.S. seafood industry while sharing creative recipes to integrate fish, shrimp, and more into mealtimes and even tailgating parties. 

Retailers widely featured 16-20 raw shrimp this week at an average of $7.78 per pound. Down 7.5% from the week prior, this attractive price point could draw more consumers to the seafood case. 

The regional price spread for Atlantic Salmon boneless fillet ranged from $7.66 per pound to $8.86 per pound, generally down from week-ago levels but up on average from 2020. In the fresh/frozen fillets complex, tilapia averaged $4.99 per pound, down 8.6% from the week prior and 6.2% below 2020... 

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Oct 8 7:55 AM, UB Newswires


This Week in Retail: Looking Ahead to October

Don’t blink—it’s nearly October. Corn and soybean harvests are underway, sweater weather is approaching, and grocers are seeing additional opportunities to promote protein sales. Pork and seafood are receiving special accolades next month, as October is recognized as National Pork and Seafood Month.

Both campaigns are aimed at supporting farmers and encouraging household consumption by showcasing creative ways to incorporate pork and seafood into mealtimes. Whether it's for back-to-school lunches or family-time dinners, there are no shortages of pork and seafood-centric recipes to celebrate October and fall time festivities. 

Traditionally, hogs were marketed in October. These days, specialized facilities allow for year-round production. While every...

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Oct 1 7:55 AM, UB Newswires


Espi’s Sausage and Tocino Co. Recalls Ready-to-Eat Chicken and Pork Hot Dog Products 

Espi’s Sausage and Tocino Co., a Seattle, Wash. establishment, is recalling approximately 2,048 pounds of frozen ready-to-eat chicken and pork hot dog products that may be adulterated with Listeria monocytogenes, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen ready-to-eat chicken and pork hot dog product was produced on May 19, 2021. The following products are subject to recall:

- 12-oz vacuum packed plastic packages containing “Argentina MIGHTY MEATY CHICKEN AND PORK HOTDOG JUMBO” and...

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Sep 29 8:50 AM, General News


This Week in Retail: Tight Cold Storage Stocks Keep Prices Elevated for Many Meat Items

Pumpkin spice lovers, rejoice! Yesterday marked the first day of autumn and consumers are gearing up for cooler temperatures and hearty home-cooked meals. As we approach the fourth quarter, retailers are optimistic that fall-oriented demand will help maintain a strong consumer pull for meat and poultry products.  

For hog producers, autumn typically signals a period of seasonal expansion in supplies. Buying interest among packers who purchase hogs in the open market has slowed considerably in recent weeks, according to livestock dealers. This suggests that hog supplies overall are adequate for packers’ needs and current processing capacity, which continues to be strained by labor challenges...

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Sep 23 9:23 AM, UB Newswires


This Week in Retail: Heat Lingers, but Grocers Look Towards Fall Demand

Heat continues to blanket much of the country in mid-September. Meanwhile, hurricane season is wreaking havoc along the eastern U.S. and Gulf Coast, with tropical storm Daniel being the latest system to rear its ugly head.

With some communities still reeling from the devasting damage of Hurricane Ida and others flooded by torrential rainfall from Nicholas, late-summer grilling plans are far removed from the priority list for many households. 

Meanwhile, the first day of fall is just under one week away. For retailers, the transition to autumn will mean increased consumer preference for fall favorites like roasts. Weather-permitting, tail gaiting at sports events as fans celebrate NFL season could prolong demand for grilling cuts while supporting popular game-time foods like wings.

Speaking of wing fanatics, the National Chicken Council recognizes September as National Chicken Month. Some grocers are advertising additional chicken cuts to encourage consumer spending on poultry. However, the number of chicken advertisements this week in Urner Barry’s survey was down from a week ago and was also below the last half of August...

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Sep 16 9:39 AM, UB Newswires


Sep 15 11:08 AM, Urner Barry

VIDEO: Morning Market Roundup September 14

Urner Barry's reporters discuss the plant fire at JBS, weather affecting plant proteins, and chicken wing prices.

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The National Chicken Council Releases Inaugural Sustainability Report

The National Chicken Council (NCC) today released its inaugural sustainability report. The report provides a comprehensive overview of U.S. chickens raised for meat, known as “broilers,” and the industry’s collective progress in its environmental, broiler welfare and social impact journey, as well as efforts to build a more sustainable food system.

The 2020 U.S. Broiler Chicken Industry Sustainability Report was submitted to the Scientific Group of the U.N. Food Systems Summit 2021, ahead of the U.N. Food Systems Summit to be held September 23 in New York City. Guided and inspired...

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Sep 15 9:30 AM, General News


The Executive Conference is Back and Better Than Ever This Year—and There's Still Time to Register!

We're bringing you in-person networking, impactful content, and a hard-hitting lineup of speakers, including the one and only Bo Jackson!

Urner Barry’s Executive Conference is just a few weeks away and there’s still time to register and make your way to Las Vegas for this exclusive event!

This year’s show is at The Venetian in Las Vegas, September 26-28th. Yes, we are LIVE and in-person this year and we know you are anxious to get back down to business and meet with fellow colleagues to network and learn at the industry’s most prestigious event!

The past 18 months have brought countless challenges and disrupted market dynamics more than ever before. Our industry has...

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Sep 14 8:51 AM, Urner Barry


ANALYSIS: Weekly Chicken Production Stats Exhibit Uncommon YoY Decline

Reflecting back over the past year, chicken production has been anything but uniform...

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Sep 10 9:15 PM, Urner Barry


Tyson Foods Categorically Rejects Conclusions Drawn by White House

Tyson Foods categorically rejects the conclusions drawn by the Secretary of Agriculture and the Director of the National Economic Council in a White House press briefing.

The U.S. Department of Agriculture recently published a report detailing the drivers of consumer inflation in the food sector, none of which are related to industry consolidation or scale. The report can be found here.

Increase in Beef Prices due to Unprecedented Market Conditions

As we have explained in great detail to the U.S. Senate Committee on the Judiciary, in testimony provided in August 2021, which can...

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Sep 9 8:49 AM, General News


Wingstop Adds Thighs to Its Menu

Wingstop, the leading technology-focused restaurant brand with more than 1,600 locations worldwide, gained virality this summer with the announcement of its virtual brand, Thighstop. Starting today, thighs are officially joining the Wingstop menu, which means flavor fans can now enjoy delicious, crispy bone-in thighs and boneless Thigh Bites alongside Wingstop's famous wings, tenders, sides and dips.

"When launching Thighstop as a virtual brand, we knew our fans would be excited to try thighs," said Wingstop's Chief Growth Officer Marisa Carona. "The response was overwhelming, and...

 

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Sep 9 8:28 AM, General News


This Week in Retail: How the Ads Stack Up for Labor Day

Labor Day weekend is a stone’s throw away and retailers are spotlighting popular grilling items as we approach the final weeks of summer. 

Beef reigns number one in circular ad space this week with 28.6 percent of total feature volume, followed by seafood with 25.5 percent. Pork surpasses chicken for third with 24.3 percent. Chicken claimed 17.1 percent.

In the beef complex, 80% lean ground beef is on feature for an average of $3.19 per pound, down from $3.25 per pound last year. 80% lean ground beef is the only item in the beef complex displaying lower YOY feature prices this week. Top round London Broil, a favorable choice for grillling, is featured at $4.16 per pound, 27.2% above a year ago. The steak complex currently averages $8.70 per pound, nearly one dollar more per pound versus last year. T-bone and top sirloin are heavily advertised this week and their feature prices average about 23% and 8%, respectively, above 2020...

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Sep 3 8:39 AM, UB Newswires


ANALYSIS: The Ebb and Flow of YoY Chicken Production

So far, 2021 has been a long and drawn-out year for those in the chicken industry...

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Sep 3 8:39 AM, Urner Barry


Tyson Foods to Accelerate Brand Growth by Investing in Virginia

Tyson Foods will invest $300 million to build a new, fully-cooked plant in Danville, Virginia, company officials announced. The project is part of the company’s commitment to meet increasing demand and deliver on its strategy of accelerating long-term growth. The new facility is expected to create nearly 400 jobs when production begins in the spring of 2023.

“As consumers actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand,” said Noelle O’Mara, President, Prepared Foods for Tyson Foods. “Our continued focus on consumer driven innovation will accelerate this momentum and...

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Aug 27 8:50 AM, General News


This Week in Retail: The Value of Labor

Labor Day – a holiday to honor the American labor movement – is a little over one week away. The invaluable contributions made by our nation’s workers warrants special recognition this year as nearly all sectors face widespread labor shortages during these unprecedented times.

These days ‘Help Wanted’ signs are commonplace and many restaurants have pared down their menu offerings in response to tight supplies. The retail landscape across nearly all proteins has been shaped by labor and processing constraints as some grocers struggle to secure enough product. Retail prices for several red meat, poultry, and seafood items this week continue to trend above 2020 levels.

Labor Day ads will be in full view next week and retailers will promote popular grilling items like pork chops, ribs, and steak. Grocers are also prepping for an influx of...

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Aug 27 8:41 AM, UB Newswires


ANALYSIS: Pondering the Potential of Chicken Wings and Boneless Breasts

Chicken market participants and football fans alike are on the edge of their seats as we inch closer towards the first kickoff of the year...

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Aug 27 8:40 AM, Urner Barry


Taco Bell Debuts the Crispy Chicken Sandwich Taco Nationwide

Beginning Sept. 2, Taco Bell's long-awaited Crispy Chicken Sandwich Taco will be available nationwide at participating locations for a limited time. After locally testing earlier this year in Nashville, TN and Charlotte, NC to much success, the test kitchen masterminds knew it was time to go nationwide. Fans can also get their cravings met with early access on Aug. 30 during Happier Hour via the Taco Bell app.

Fluffy like a sandwich, but folded like a taco, the Crispy Chicken Sandwich Taco is the latest from the masterminds in menu item mashups. Taco Bell is no stranger to the world of crispy chicken after introducing fan-favorites like...

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Aug 27 8:38 AM, General News


Lightlife and Pizza Pizza Partner to Add Plant-Based Chicken to the Menu

Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife and Field Roast announced a partnership with Canadian pizza chain and quick-serve restaurant leader, Pizza Pizza. Available now, Pizza Pizza is expanding its plant-based menu offerings by adding plant-based chicken items for the first time, including a Lightlife Plant-Based Chick’n Sandwich and Plant-Based Chick’n Bites.

“Lightlife is excited to partner with Pizza Pizza to offer consumers something they can enjoy without compromise: a delicious and satisfying breaded plant-based chicken made with simple ingredients they can feel good about,” said Dan Curtin, President of Greenleaf Foods, SPC.

For over 50 years, Pizza Pizza has been serving Canadians using...

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Aug 26 8:27 AM, General News


Willow Tree Poultry Farm Recalls Chicken Salad and Dip Products

Willow Tree Poultry Farm, an Attleboro, Mass. establishment, is recalling approximately 52,022 pounds of various chicken salads and dip products that may be contaminated with extraneous materials, specifically hard white plastic the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced.

The ready-to-eat (RTE) various chicken salads and dip items were produced on August 10, 2021 through August 13, 2021. The following products are subject to recall...

Full Story »
Aug 25 10:21 AM, General News


U.S. Poultry and Egg Exports Surged in First Half, on Pace for Record Year

The Covid-19 pandemic, an uncertain economy, and logistics problems like port closings and shipping bottlenecks haven’t slowed the tremendous demand for U.S. poultry and eggs around the world.

Exports of U.S. broiler chicken and shell eggs set records in the first half of 2021 and are on pace to break all-time marks for the year, according to the USA Poultry & Egg Export Council (USAPEEC), citing government trade data.

Total broiler export volume reached an all-time high for the January through June period, with Mexico, China, Cuba, and Philippines leading the way. Cuba, and Philippines set records for both...

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Aug 25 9:50 AM, General News


ANALYSIS: Depleted Inventories Contribute to Boneless Breast Rally

Although the chicken market environment has been anything but consistent lately, that’s not to say that there aren’t some familiar tenets still shining through...

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Aug 20 8:21 AM, Urner Barry


This Week in Retail: Prepping for Labor Day; Pork and Beef Indices Forge Record Highs  

Labor Day weekend – a symbolic end of summer – is sadly within reach for families scrambling to fit in one last vacation before school resumes. For some college students, the fall semester has already begun. Among retailers, the Labor Day holiday is widely viewed as the last major grilling weekend of the year.

Grocery stores could see an uptick in foot traffic as parents restock on school staples like breakfast and lunch foods. Typically, aside from back-to-school demand and Labor Day grilling opportunities, the meat case takes a back seat in mid to late August. This year, however, beef and pork appear well-positioned to remain in the spotlight despite a traditional period of seasonal... 

 

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Aug 19 10:15 AM, UB Newswires


Aug 18 8:36 AM, Urner Barry

VIDEO: Morning Market Roundup August 17

Urner Barry's reporters discuss the egg market rally, ASF affecting Mexican beef exports, and the latest chicken export figures.

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Real Good Foods Expands Frozen Entrée Offerings at Kroger Stores Nationwide

The Real Good Foods Company, a high growth brand in frozen food, announced today the launch of seven new frozen, high protein, low carb, grain free, gluten free entrées in approximately 1,500 Kroger stores nationwide. These tasty offerings are made with real ingredients that allow consumers to stay on track with their health and wellness goals while also bringing convenience to every lifestyle.

"We are delighted with this expansion of approximately 10,000 points of distribution in Kroger stores and Kroger owned banners," said Bryan Freeman, Executive Chairman of...

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Aug 17 9:04 AM, General News


Lean Cuisine Introduces Six New Recipes at Retail

Known for creating comfort-inspired recipes that help you meet your goals, Lean Cuisine® is introducing six new entrees.

New Lean Cuisine recipes include two High Protein Bowls featuring oven fried chicken. Just like fast casual menu items, these bowls contain white meat chicken that is blasted with superheated air for that 'air fried taste' – making the chicken extra crispy and juicy.

Additionally, new Lean Cuisine Cauli' Bowls™ feature pasta made with cauliflower. From Mac and Cheese to Creamy Tomato Vodka Pasta, consumers can...

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Aug 17 8:28 AM, General News


ANALYSIS: Chicken Exports: It’s A Matter of Perspective

With June’s export figures hot off the press, players are turning to the charts as they reflect on the conclusion of Q2...

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Aug 16 8:27 AM, Urner Barry


This Week in Retail: Tight Supplies, Stellar Protein Demand; A Case of Déjà Vu?

August is flying by and retail ads are beginning to shift from grilling staples to tailgating must-haves as retailers highlight NFL preseason. Consumer demand for beef, pork, and chicken has remained stellar leading up to the fall, and tight supplies across most protein items may continue to keep retail prices elevated.

This week in retail we look at the situation surrounding the poultry and red meat complex, which continues to be influenced by the pandemic and ongoing logistical challenges. 

This time last year, retail prices were higher for many protein items amid efforts to reopen food service and dining capacity across the nation. The situation in August 2021 appears to be a case of déjà vu as retail prices, for beef and pork, in particular, trend higher than year-ago levels. The Delta variant is fueling volatility in the marketplace and re-emerging patterns of panic-buying are becoming increasingly likely. 

A year ago, seafood and beef features...

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Aug 13 7:43 AM, UB Newswires


Tattooed Chef Launches New Innovation Items at Sprouts Farmers Market

Tattooed Chef, Inc., a leader in plant based foods, announced it has launched four entrée bowls including two new flavors at Sprouts Farmers Market in approximately 340 stores.

The four entrée bowl flavors are now available to Sprouts Farmers Market shoppers, including the new Buffalo Cauliflower Mac & Cheese Bowl and Spicy Thai Bowl...

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Aug 11 3:12 PM, General News


PERSPECTIVES: Flighty Markets, Stable Measures

The past 18 months has brought uncertainty and volatility to commodity markets globally. Identifying the source of price risk is a difficult task without even considering managing this risk. Stable USA investigate a period when volatility became a mainstream global term and share the solution they are bringing to the poultry industry to manage price volatility, using Urner Barry’s benchmark prices.

1.Mainstream volatility

The number of times the search terms “market volatility” were typed into Google’s search engine reached a record level in March 2020...

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Aug 11 10:55 AM, General News


Serenade Recalls Frozen Raw Breaded Stuffed Chicken due to Salmonella Enteritidis Contamination

Serenade Foods, a Milford, Ind. establishment, is recalling approximately 59,251 pounds of frozen, raw, breaded and pre-browned stuffed chicken products that may be contaminated with Salmonella Enteritidis, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. FSIS issued a public health alert on June 2, 2021 related to these products.

The frozen, raw, breaded and pre-browned, stuffed chicken items were produced on February 24, 2021 and February 25, 2021. The following products are subject to recall...

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Aug 10 10:44 AM, General News


Tyson Foods Reports Third Quarter 2021 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, reported the following results:

First Nine Months Highlights

- GAAP EPS of $4.63, up 20% from prior year; Adjusted EPS of $5.98, up 61% from prior year
- GAAP operating income of $2,487 million, up...

 

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Aug 9 9:03 AM, General News


Cargill and Continental Grain Company to Acquire Sanderson Farms

Cargill, Continental Grain Company, and Sanderson Farms, Inc. announced they have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash, representing a total equity value for Sanderson Farms of $4.53 billion. The purchase price represents a 30.3% premium to Sanderson Farms' unaffected share price of $155.74 on June 18, 2021, the last full trading day prior to media speculation about the potential sale of Sanderson Farms; a 22.8% premium to the Sanderson Farms 30-day volume weighted average price ("VWAP") as of June 18, 2021, and a 15.2% premium to the all-time high share price as of June 18, 2021. Upon completion of the transaction, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to form a new, privately held poultry business.

The combination of Sanderson Farms and Wayne Farms will create a best-in-class U.S. poultry company with a high-quality asset base, complementary operating cultures, and...

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Aug 9 8:31 AM, General News


ANALYSIS: Jumbo Chicken Wings: A Countdown to the Coin Toss

With the first kickoff of college football season practically at our doorstep, the topic of chicken wings has begun to weave its way into market related conversations.

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Aug 9 8:23 AM, Urner Barry


Blount Fine Foods Corp. Recalls Chicken Soup Products Due to Possible Foreign Matter Contamination

Blount Fine Foods, a McKinney, Texas establishment, is recalling approximately 6,384 pounds of chicken tortilla soup products that may be contaminated with extraneous material, specifically pieces of gray nitrile glove, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The fully cooked, ready to eat, chicken tortilla soup was produced on July 1, 2021. The following products are subject to recall...

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Aug 6 9:27 AM, General News


This Week in Retail: The Outlook for August

The dog days of summer will soon be behind us and below normal temperatures are already starting to materialize in the areas spanning the central Plains to the East Coast. This week is retail, we delve into the supply and demand landscape that will impact retail meat prices in August.

As more moderate temperatures begin to arrive, grocers will begin to shift their attention to back-to-school needs by featuring items used in lunches and snacks. These items typically include easy-to-prepare frozen meals like pizza along with deli meats.

Retailers will also begin to promote breakfast foods like eggs. In addition, retailers will be focusing on dinnertime staples since families tend to sit down together for...

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Aug 5 10:16 AM, UB Newswires


StarKist® Launches NEW StarKist® Premium White Chicken

StarKist Co. has announced its newest innovation, StarKist® Premium White Chicken, the first fully-cooked, no-draining required chicken in a convenient single-serve pouch. Available in two varieties, Premium White Chicken and Premium White Chicken 25% Less Sodium, StarKist's delicious new chicken products can be enjoyed directly from the pouch, used in a sandwich, added to any salad, and so much more.

"With our new StarKist® Premium White Chicken Pouches you just tear, add and go," said Andy Mecs, Vice President of Marketing & Innovation, StarKist Co...

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Aug 4 1:58 PM, General News


Aug 4 8:37 AM, Urner Barry

VIDEO: Morning Market Roundup August 3

Urner Barry's reporters discuss trimmings in the pork market and fresh 50s beef, plus chicken production.

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Red Robin Announces Limited Time Offerings for Summer 

Red Robin Gourmet Burgers and Brews is spicing things up this summer by inviting guests to gather around the table with its new Summer Heat Wave menu items. Available for a limited time only, this delectable lineup is a perfect blend of heat and flavor.

Guests cherish their moments of connection at Red Robin, especially in the hot months of summer. They can opt for a sizzling Scorpion Gourmet Burger with bottomless fries; share Red Robin's Scorpion Wings with flavor-seeking friends and family; complement their meal with...

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Aug 4 8:32 AM, General News


Bojangles Launches All-New Bo's Chicken Sandwich

Bojangles announced the launch of an all-new, hand-breaded chicken sandwich.

”Bojangles knows a thing or two about delicious, perfectly flavored chicken served right, so who better to give fans a chicken sandwich that is sure to please,” said Chef Marshall Scarborough, vice president of menu and culinary innovation for Bojangles. “And we can say with confidence that Bo’s Chicken Sandwich is so cluckin’ good you know it could only be Bojangles.”

“Our team had a blast perfecting this sandwich, and...

 

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Aug 2 9:59 AM, General News


ANALYSIS: Chicken Cold Storage: Break out the Broom

Chicken marketers are breaking out the figurative brooms as they search for any additional supplies left in the freezers...

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Jul 30 8:36 AM, Urner Barry


Daring Brings Plant-Based Chicken To Whole Foods Market

Daring has announced its Original Pieces and Original Breaded Pieces are available for consumers to purchase in select Whole Foods Market locations across the U.S. starting August 2021. Daring's entry into Whole Foods Market is a significant retail growth moment for the brand, landing in the beloved retailer just 18 months after launching.

Daring will add to Whole Foods Market's renowned portfolio of premium ingredient products with its Original Pieces and Original Breaded Pieces, both available in...

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Jul 29 8:27 AM, General News


Chicken Marketers Urged to Meet Needs Emerging from the Pandemic

With an estimated 20% of the workforce working at home beyond 2021, there will be 30 million meal occasions daily that used to be lunches consumed away from home. According to research presented today at the 2021 Chicken Marketing Summit, this presents an unprecedented opportunity for innovation for the poultry industry.

The National Chicken Council (NCC) and WATT Global Media presented the results of a study that focused on anticipated US consumer behavior post-pandemic to identify opportunities for chicken to gain market share in home food preparation and the upcoming...

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Jul 29 8:26 AM, General News


Jul 28 8:25 AM, Urner Barry

VIDEO: Morning Market Roundup July 27

Urner Barry's reporters discuss the egg market, cold storage for chicken & poultry, plus cattle on feed.

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Popeyes Says Goodbye to the Chicken Wars as Their New Game Changing Nuggets Hit Stores Nationwide

Popeyes announced its new Chicken Nuggets are now available in restaurants in Canada, the U.S. and Puerto Rico. Fans of Popeyes can now enjoy the same taste and quality from the iconic Chicken Sandwich, but now in pieces. With that Popeyes says goodbye to the chicken wars by offering piece, 8 piece.

“The launch of our Chicken Sandwich was incredible, and we’re humbled by the amount of love and positive reviews, but at the same time many claimed that it started the chicken wars. Now, it’s time to say goodbye to the chicken wars and celebrate our new Nuggets, because...

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Jul 28 8:24 AM, General News


Dr. Praeger’s Launches Four New Products Nationwide at Whole Foods Market

Dr. Praeger’s Sensible Foods announced the introduction of four new products to Whole Foods Market shelves nationwide.

Beginning in August, Whole Foods shoppers can find Dr. Praeger’s Cauliflower Veggie Burger, Perfect Burger, Original Chick’n Littles and Spinach Littles Value Pack on shelves at their local Whole Foods. These new products join an existing array of Dr. Praeger’s products that Whole Foods customers have been purchasing for years, including the California Veggie Burger, the brand’s #1 selling SKU at Whole Foods and the brand’s Perfect Sliders, introduced last year...

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Jul 28 8:23 AM, General News


Technomic Reveals How the Global Chicken Menu Category is Poised for Growth

Technomic released a deep dive into the chicken menu category uncovering global foodservice sales, COVID-19’s impact on the category, consumer consumption insights and preferences, menu trends, and the top global and leading local chains, with the 2021 Chicken Global Menu Category Report. This report is a deliverable of the Global Foodservice Navigator program, which offers the tools and guidance to remain ahead of consumer, menu and operator trends across 25 countries.

“Chicken chains have been resilient amid the pandemic and the menu category remains primed for future growth,” explains Aaron Jourden, senior research manager of global at Technomic. “With accelerating competition among...

 

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Jul 27 8:30 AM, General News


Taco Bell Unveils Latest Menu Round-up

After putting the finishing touches on its new streamlined menu to make room for new innovations, Taco Bell has unveiled its latest menu offerings that will be available nationwide or for testing in select markets.

Since Nacho Fries first launched in 2018, Taco Bell has reimagined the beloved menu item multiple times with innovations. This time, Nacho Fries will be joined by the new Loaded Taco Fries.

The latest fry innovation features...

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Jul 27 8:29 AM, General News


7-Eleven Delivers Buy One, Get One Free Wing Deals on National Chicken Wing Day

To  celebrate National Chicken Wing Day on July 29, America's largest convenience retailer is offering buy one, get one free five-count bone-in wings via 7–Eleven Delivery found on the 7NOW® delivery app and the 7–Eleven app. 7-Eleven's delivery time is almost as unbeatable as its chicken and customers can choose between flavors like spicy, regular and buffalo.

Participating 7-Eleven® stores are also offering a buy one, get one free offer on boneless chicken wing skewers to 7Rewards® loyalty members. Available in hot honey, sweet sriracha and...

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Jul 26 8:25 AM, General News


ShopRite Introduces Exclusive Bowl & Basket Fresh Chicken Line

ShopRite announced the launch of its private label, all natural Bowl & Basket™ Fresh Chicken line. Whether shopping in store or online, shoppers can now enjoy over two dozen different kinds of high quality Bowl & Basket Fresh Chicken offerings such as breasts, thighs, fillets, wings, drumsticks – all at extremely budget-friendly prices.  
 
ShopRite’s launch of Bowl & Basket™ Fresh Chicken marks a significant expansion of the supermarket’s private label poultry offerings in its fresh meats division. The expansive rollout demonstrates ShopRite’s continued commitment to offering customers an ever-expanding assortment...

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Jul 23 9:48 AM, General News


Thighstop's Take on National Chicken Wing Day: 'Save a Wing, Eat a Thigh'

This National Chicken Wing Day on July 29 comes amidst a national chicken wing crisis. Restaurant brands are widely bowing out this year, and consumers are left wondering where they will get their fix. But Thighstop, Wingstop's new virtual food brand, is giving the famous holiday new flavor by repositioning it as "Thighstop Thigh Day."

On one of the more popular food holidays among fans and foodies alike, Thighstop is determined to keep the celebration going by offering two free bone-in thighs with qualifying purchases on July 29. Available through Thighstop.com or DoorDash, the two free bone-in thighs are...

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Jul 23 8:24 AM, General News


OZO Expands Line of Plant-Based Proteins in Frozen and Fresh Aisle

Colorado-based Planterra Foods is expanding its portfolio of plant-based products in the fresh and frozen category by launching a variety of new items for families to have more options of convenient plant-based meals at home. Available now, consumers can add the OZO™ Frozen Nuggets (10.6 oz), plant-based Chicken Patties (4, 2.5 oz patties), and Italian Style Meatballs (12-1 oz meatballs) as well as fresh Smokehouse Burgers (2-4 oz patties) and plant-based Ground Turkey (12 oz) to their plant-based rotation of OZO™ meals.

These new OZO™ products offer a spin on plant-based proteins in the categories of chicken, turkey and beef, with bold flavors for delicious meat-free possibilities stored...

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Jul 21 10:36 AM, General News


Wendy's Launches New Nugget Sauce as Popeyes Prepares to Debut Chicken Nuggets

As Popeyes prepares to debut chicken nuggets on the menu on July 27, Wendy’s is launching Ghost Pepper Ranch Sauce nationwide. Wendy’s is advertising the sauce to be paired with its Spicy Nuggets or for spreading on other menu items like burgers and sandwiches. Additionally, Wendy’s is featuring its 10-piece Spicy Chicken Nuggets in a buy one get one for $1 offer through September 5.

"I'm proud of the work my culinary team has done to create a legacy of spice that keeps fans coming back for more with new menu innovations they crave, including...

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Jul 21 8:16 AM, Urner Barry


Field Roast Expands Club Store Distribution with Plant-Based Chicken Nugget Debut at Costco

Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife and Field Roast, announced that its Field Roast Plant-Based Nuggets are now available at more than 50 Costco locations in the Los Angeles region, marking the first time the product will be sold at any Costco store in the United States.

“We’re excited about Field Roast’s continued growth with Costco and the opportunity to make delicious plant-based food more accessible to home chefs everywhere,” said Dan Curtin, President of Greenleaf Foods, SPC. “The Field Roast Plant-Based Nugget is the only plant-based chicken nugget alternative available at Costco LA.”

Field Roast first introduced its Plant-Based Nuggets to conventional retailers in January 2020 and has since...

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Jul 21 8:16 AM, General News


Popeyes Adds Chicken Nuggets to the Menu as Brand Looks to Make Another Splash

Is another chicken item war on the horizon?

Popeyes has once again made headlines with the introduction of chicken nuggets to its meu on July 27. The new nuggets will feature “the quality and flavors” of its hit Chicken Sandwich, just in bite-sized form.

Back in 2019, the Chicken Sandwich Wars turned into a cultural phenomenon. Foodmarket.com and Urner Barry covered the saga at length but two years later the repercussions are still being felt.

Since the spat, several companies have entered the fold...

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Jul 14 9:33 AM, General News


Jul 14 8:21 AM, Urner Barry

VIDEO: Morning Market Roundup July 13

Urner Barry's reporters discuss egg production & exports; chicken WOGs, wings & breasts; plus turkey production.

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Albertsons Expands Recall on Items Containing Chicken as Part of Tyson Foods Recall

Albertsons Companies announces the removal of additional items containing chicken as part of the recall initiated by Tyson Foods, Inc. The product has the potential to be contaminated with Listeria monocytogenes. On July 4, 2021, Albertsons Companies announced a removal of certain Signature Café Shredded Roasted Chicken that was also supplied by Tyson Foods. Tyson Foods’ recall announcement can be found here.

The affected Tyson product was produced at one plant located in Dexter, Missouri, between December 26, 2020 and April 13, 2021, and distributed to foodservice and retail customers nationwide and...

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Jul 12 8:27 AM, General News


Jul 9 8:37 AM, Urner Barry

VIDEO: Morning Market Roundup July 8

Urner Barry's reporters discuss boneless beef 50s, tom turkey shortage, and chicken wings. 

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ANALYSIS: Jumbo and Select Breast Meat Values Shake Traditional Price Relationship

Over the years, close attention has been paid to the price differential between jumbo boneless breasts and select...

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Jul 9 8:37 AM, Urner Barry


Beyond Meat Launches Beyond Chicken Tenders at Restaurants Nationwide

Beyond Meat, a leader in plant-based meat, launched its new, awarding-winning Beyond Chicken® Tenders. Crafted to look, cook and taste like traditional chicken tenders, the plant-based Beyond Chicken Tenders are breaded for a crispy outside and tender bite. Starting today, consumers can find the latest product from Beyond Meat at select restaurants across the country.

Consumer demand for chicken is continuing to skyrocket. As restaurants are rebounding while struggling to meet soaring consumer demand, Beyond Meat is offering a plant-based option for...

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Jul 8 10:17 AM, General News


Mycelium-based Meats Developer Meati Foods Secures New Funding 

Meati Foods, a Public Benefit Corporation leading the fast-paced emergence of a new category of clean, whole-cut alternative meats announced the closing of its $50 million Series B – a major source of momentum that will further expedite Meati's efforts to scale production capacity and launch their products at a national scale next year.

The significantly oversubscribed round was co-led by new investor BOND and long-time Meati investor Acre Venture Partners. They were joined by other existing investors, including...

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Jul 8 8:40 AM, General News


Awareness and Retention Rate for Plant-Based Protein on the Rise in China

According to China Plant-based Protein Topical Report from The NPD Group, plant-based proteins are gaining acceptance in China as Chinese consumers seek more protein in their diets, and plant-based foods become more available and appealing. Although plant-based protein currently has a small serving share compared to meat proteins in China, awareness has reached 90%; and the retention rate for plant-based proteins is on the rise, increasing from 53% in October 2020, to 68% in January 2021.

“There is no doubt that consumers in China view plant-based proteins as healthier alternatives to traditional meat protein,” said Gimantha Jayasinghe, Senior Vice President of APAC Foodservice at The NPD Group. “Though these products have a long way to go in terms of...

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Jul 8 8:23 AM, General News


Subway Debuts Largest Menu Update in Brand's History

Subway restaurants announced the biggest changes in the brand's history, making improvements to almost every core menu item and introducing important digital upgrades that elevate the guest experience. The Eat Fresh Refresh™ arrives in U.S. restaurants nationwide on July 13, and is marked with unprecedented moments, including participating Subway restaurants across the country closing for a Refresh Break and a one million sub sandwich giveaway to encourage people to come see and taste the changes.

Starting on July 13, the Eat Fresh Refresh comes to life in all U.S. Subway restaurants. The more than 20 menu updates include...

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Jul 7 8:21 AM, General News


Poultry Quarterly Q3 2021: Improving Local Industry Performance, Shifting Trade Flows

The outlook for the global poultry industry continues to improve. This is mainly driven by the reopening of economies as vaccination levels accelerate in developed countries and increase in emerging markets. This will help the recovery of global, regional, and especially foodservice demand, which, on average, makes up one-third of global poultry demand. As supply usually responds slowly to such increases, significant price inflation in 2H 2021 is possible, especially as feed prices remain high and avian influenza has disrupted...

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Jul 7 8:20 AM, General News


Tyson Foods Voluntarily Recalls Frozen, Fully Cooked Chicken

Tyson Foods is voluntarily recalling approximately 8.5 million pounds of frozen, fully cooked chicken. Tyson has been working closely with the U.S. Department of Agriculture on this recall, and while there is no conclusive evidence that the products were contaminated at the time of shipment, the voluntary recall is being initiated out of an abundance of caution.

The affected products were produced at one plant located in Dexter, Missouri, between December 26 of 2020 and April 13 of 2021 and distributed to foodservice and retail customers...

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Jul 6 8:50 AM, General News


Grubhub Releases Third Annual State of the Plate Report

As we approach a new normal and restaurants reopen, there's a lot to look forward to for the rest of the year. Before looking ahead, let's rewind to see how diners ate their way through the last six months. Grubhub, part of leading global online food delivery marketplace Just Eat Takeaway.com, launched the third annual "State of the Plate" report. Looking at trends from hundreds of thousands average daily orders, Grubhub's mid-year report checks in on what has shaped 2021 thus far, including the top trending foods, popular restaurants across the country, and what we can expect to see more of in the second half of the year.

Unlike 2020, diners opted for the plant-based versions of delivery classics so far in 2021. And while last year's top food, the wildly popular...

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Jul 2 3:10 PM, General News


Poultry Industry and OSHA Partner on Safe + Sound Week

The U.S. Poultry & Egg Association (USPOULTRY), National Chicken Council (NCC) and National Turkey Federation (NTF) are pleased to again partner with the U.S. Occupational Safety and Health Administration (OSHA) for Safe + Sound Week, August 9 – 15. Safe + Sound Week is a nationwide effort to raise awareness and understanding of the value of safety and health programs that include management leadership, worker participation and a systematic approach to finding and correcting hazards in the workplace.

Safe + Sound Week is co-sponsored by the National Safety Council, American Industrial...

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Jul 2 8:22 AM, General News


Market Trends to Watch Ahead of Independence Day

Urner Barry is the leading provider of protein market news and information in the food industry. Through daily canvasses of the trade and an unrivaled historical database, our analysts are uniquely positioned to report on the underlying conditions and significant disruptors to the market. In this Market Briefing, Urner Barry reporters outline the latest action in the commodity protein markets, highlighting seasonal factors, disruptors, and current supply and demand fundamentals.

Access the latest UB Market Briefing HERE.  

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Jul 2 8:17 AM, Urner Barry


Profitability and Growth Continue for Fifth Consecutive Year at Church's Chicken

Not even halfway into 2021, and Church's Chicken®, is already poised to turn in another year of exceptional growth and profitability. The brand expects to open nearly 100 new restaurants worldwide (up from 79 new openings last year). And, the average guest check is up just over 30% from 2020 to 2021. Same-store comparable sales are also up over the previous year, by approximately +15% system-wide. While the numbers are substantial under normal circumstances, Church's performance is even more impressive when measured against a pandemic, which still negatively impacts restaurant brands of all kinds. The popular global chicken brand is even ahead of where it was pre-pandemic when it had just surpassed a 10-year company record for system-wide sales in 2019.

"In terms of sustainable growth, Church's is in a very positive place," shares Louis (Dusty) Profumo, Executive Vice President and Chief Financial Officer for the brand. "Across the board, practically...

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Jul 1 8:14 AM, General News


The Fried Chickin' Sandwich Goes Plant-Based this Summer at Veggie Grill

Veggie Grill has launched its Crispy Buffalo Chickin' Sandwich for a limited time only. From June 30 – July 27, guests can grab this classic crispy treat with all of the flavor and none of the meat. The sandwich features Crispy Chickin' topped with creamy ranch, buffalo sauce, pickles, lettuce and tomato, all layered between a warm toasted brioche bun.

"We believe our plant-based Crispy Buffalo Chickin' Sandwich rivals any other fried chicken sandwich offered on the market," said T.K. Pillan, founder and executive chairman, Veggie Grill. "All our menu items...

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Jul 1 8:14 AM, General News


Jollibee Announces the Launch of New Jollibee Ordering App

Jollibee announced the launch of its new Jollibee Ordering App. The ordering platform allows new customers and Jollibee fans to order the brand's food directly from their mobile devices. The app supports orders for delivery and in-store pickup and is live across the United States and Canada now via the Apple App Store and Google Play.

To celebrate the launch of the new app, Jollibee is running a two-week promotion giving customers the brand's Peach Mango Pie for free on every order placed with an account through the new platform. This offer can be redeemed by entering the promo code "JoyOnline" at checkout. The promotion is currently...

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Jun 30 8:17 AM, General News


Conagra Brands Launches Extensive Summer Line-up of New Product Innovation

Conagra Brands is kicking off summer with additions to the company's portfolio. From meals and sides to new plant-based offerings, Conagra's latest foods deliver great taste, convenience, and value.

A Fresh Look at Frozen

Conagra offers a collection of brands within single-serve frozen meals, with new dishes coming from Healthy Choice®, Banquet®, Marie Callender's ® and...

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Jun 30 8:17 AM, General News


Fourth of July Cookout Cost Stable Compared to Year Ago

U.S. consumers will pay just a few cents more for their favorite Independence Day cookout foods compared to last year, including cheeseburgers, pork chops, chicken breasts, homemade potato salad, pork & beans, strawberries, potato chips, fresh-squeezed lemonade and vanilla ice cream with chocolate chip cookies for dessert.

Farm Bureau analysis reveals the average cost of a summer cookout for 10 people remains affordable at $59.50, or less than $6 per person. The cost is up just 16 cents (less than 1%) from last year, but...

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Jun 30 8:16 AM, General News







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