Pent-up Demand for Restaurant Dining in Canada Continues in April

Canadians made 75 million more foodservice visits in April compared to a year ago

Canadians made 75 million more foodservice visits this April than last year when most of the country was still in lockdown, reports The NPD Group. Online and physical visits to restaurants and other commercial foodservice outlets increased by 18% in April 2022 compared to a year ago, although still 10% below the pre-pandemic level in April 2019. Consumer spending at foodservice outlets, which reflects higher food and operational costs, is...

Poultry Quarterly Q2 2022: Strong Market Conditions Continue, Despite Impact of War in Ukraine

Global poultry demand and trade will remain strong this year. The industry, however, will face challenges related to historic high cost inflation and logistic disruptions, which will especially impact low income countries.

Report summary
In most regions, supply is relatively tight and prices are strong. The war in Ukraine has led to an increase of 20% to 40% in global grain prices, and the poultry industry will be challenged to pass on all of these higher costs to consumers. This will likely be possible in developed...

Strong Momentum Continues for U.S. Beef Exports; Pork Exports Trend Lower

Coming off a record-breaking performance in 2021, U.S. beef exports remained red-hot in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports continued to trend lower in January, despite another outstanding month for exports to leading market Mexico.

Beef exports totaled 119,066 metric tons (mt), up 13% from a year ago, while value soared 57% to $1.03 billion. This was the third-highest value total on record – trailing only August and November of last year – and export...

Kroger Kicks Off Ghost Kitchen Rollout

Image Kroger is launching its ghost kitchen initiative.

The Kroger Co. is officially a participant in the ghost kitchen space.

As initially announced in August 2021, the country’s largest grocery retailer is partnering with ghost kitchen startup Kitchen United to provide customers freshly prepared restaurant food for takeout or delivery in select Kroger banner locations.

Kroger is opening its first ghost kitchen center at a Ralphs store in the Westwood neighborhood of Los Angeles. Customers can build freshly prepared, on-demand restaurant meals from any or all of the restaurants participating in the initiative...

PODCAST: UK Beef Chats Episode 41

On this week’s episode, UK beef market expert Mike Nesbitt discusses holiday demand for beef not meeting expectation, COVID fears affecting foodservice and retail, and more.

PODCAST: UK Beef Chats Episode 40

This week on UK Beef Chats, Mike Nesbitt gives us a rundown of trade, foodservice demand starting to drop off with the holiday season, retail driving the market with firm demand, availability issues affecting price movement.

PODCAST: UK Beef Chats Episode 38

This week on UK Beef Chats, market expert Mike Nesbitt updates us on how strong retail demand and foodservice recovery are keeping beef prices elevated, how the end of the furlough scheme will impact the labor market, and more!