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FreshDirect Reveals Top Food Trends for 2021; Online Grocery and Home Cooking Boom to Continue
FreshDirect, a leading pure-play online fresh food grocer serving the Northeast, announced its top food trends for 2021. This year’s predictions were curated by FreshDirect’s in-house team of food experts. As food retailers at the forefront of the industry, FreshDirect has a unique and early view of cutting-edge grocery, ecommerce, and customer trends.
“As a leading online grocer, we have a unique and unmatched ability to understand the ever-changing buying habits of our customers. Our view on past orders, as well as those placed in the future, allows us to spot changes in trends quickly and react to them in real-time. The rapid increase in demand for online grocery and the boom in...
2020 Retail Imports May Break Record Despite Pandemic
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“Nobody would have thought last spring that 2020 would be a record year for imports, but it was clearly an unpredictable year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Consumers and retailers once again proved their resilience in the face of unprecedented challenges. Thanks in part to government stimulus, retail sales saw...
Conagra Brands Issues Sustainability Accounting Standards Board Disclosure for Fiscal Year 2020
Conagra Brands announced the publication of its Sustainability Accounting Standards Board (SASB) metrics for fiscal year 2020. The disclosure details Conagra's ongoing focus on environmental excellence, strong governance, and safe operations. This marks the first time that Conagra has reported to the SASB framework according to the Standard for the Processed Foods industry as defined by SASB's Sustainable Industry Classification System®️ (SICS®️).
SASB is an independent, standards-setting organization dedicated to...
Walmart and Gatik Go Driverless in Arkansas and Expand Self-Driving Car Pilot To a Second Location
Last year Walmart began an autonomous vehicle pilot with Gatik to move customer orders on a two-mile route between a dark store (a store that stocks items for fulfillment but isn’t open to the public) and a Neighborhood Market in Bentonville, Arkansas. Since then, Walmart has safely driven more than 70,000 operational miles in autonomous mode with a safety driver.
Now, the company is taking the next step forward: Gatik’s multi-temperature Autonomous Box Trucks will operate this route driverless in the state of Arkansas. This achievement marks a new milestone that signifies...
Dominion Energy, Smithfield Foods Complete Renewable Natural Gas Project in Utah
Dominion Energy and Smithfield Foods, Inc., announced they have completed the first renewable natural gas (RNG) project through their joint venture, Align Renewable Natural Gas℠. Located in Milford in southwestern Utah, the project is now producing RNG from a network of 26 family farms that raise hogs under contract with Smithfield.
The project is the first large-scale effort in the state to capture methane from hog farming operations and convert it into clean energy for homes, businesses and transportation. Significantly more...
Technomic's Take: 2021 Global Trends Outlook
We can only guess what’s in store for 2021 in the global restaurant space. 2020 showed us—among so many things—that what’s expected and what happens don’t always align, to say the least. That said, we think our 2020 restaurant trend forecast holds up fairly well given the reality of the marketplace affected so drastically by the pandemic. Ghost kitchens certainly moved mainstream. Vegan fare got more space to stretch and grow. Plant-based meats continued to inform product development, especially across Asia. Beverage chains certainly broke out from the crowd—again, especially in Asia. And halloumi, pinsa pizzas and sliders had strong showings on chain menus across the world. So, what’s in store for the coming year...
National Pork Board Study Outlines Opportunities to Diversify Pork Exports
As U.S. pork exports continue to break records in 2020, new reports from the National Pork Board demonstrate opportunities that may diversify U.S. pork exports in Vietnam and the Philippines. The reports also show how African swine fever (ASF) outbreaks in Asia have impacted both countries’ pork industries and related supply chains.
The two new pork market assessments were prepared by Gira, a global research firm, with funding from the Pork Checkoff and the USDA Foreign Agricultural Service Emerging Markets Program. They share critical insights on...
Changed Beef Consumption Habits Following COVID-19 Create Opportunities
The global Covid-19 pandemic and African swine fever (ASF) have changed beef consumption patterns through 2020. While total beef consumption has not seen too much change, we have seen distribution channels change, benefiting some at the expense of others. As the impacts of ASF are overcome and disruptions from Covid-19 subside, old distribution channels will recover.
“It is likely that many consumers will revert to their previous habits, but we do see opportunities for...
Rabobank Global Animal Protein Outlook 2021: Emerging From a World of Uncertainty
After a year full of uncertainties, global animal protein is expected to rise again, as it looks for opportunities.
In 2021, Rabobank anticipates production growth in most regions, with the biggest change taking place in Asia, where the impacts of African swine fever (ASF) are fading. Pork is expected to lead that growth – with a gradual recovery process, as ASF is still active. Poultry and aquaculture are also forecast to grow, followed by beef. Wild-catch seafood, however, is expected to decline.
Global animal protein trade continues to create areas of opportunity and risk, with China...
Tyson Foods Announces Global Forest Protection Standard
Tyson Foods, Inc. announced a Forest Protection Standard focused on reducing deforestation risk in its global supply chain of four commodities – cattle and beef; soy; palm oil; and pulp, paper and packaging.
Earlier this year, Tyson Foods partnered with Proforest to conduct a deforestation risk assessment. The assessment concluded that nearly 94 percent of the company’s land footprint is at no to low risk of being associated with deforestation. To proactively address the remaining six percent that was found to be...
Imports Set New 'Peak Season' Record as Retailers Prepare for Holidays
Imports likely saw their busiest “peak season” on record this summer and fall as retailers replenished inventories and stocked up for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“Peak season is the Superbowl of the supply chain world each year as retailers make sure they have enough merchandise on hand to satisfy demand during the holidays, and this is the busiest we’ve ever seen,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Part of this surge was fueled by restocking after retail sales rebounded this summer and part could be making sure there aren’t shortages if...
Rabobank: Lack of Trade Deal Will Hit EU-UK Food and Agriculture Trade Hard
The absence of an EU-UK trade deal on January 1, 2021 would cause significant economic losses on both sides for companies active in food & agriculture supply chains. The British prime minister, Boris Johnson, warned the world to prepare for a hard Brexit scenario. We therefore urge companies in the food supply chain to be prepared for loss of export and import opportunities and for a future in which additional efforts and administrative costs will have to be made to continue any remaining cross-border trade.
The Hard Brexit Becoming Reality After All
As Rabobank wrote in January 2019 in the note “Consequences of a ‘Hard Brexit’ for Food & Agribusiness: EU Market Closes for UK, While UK Will See Food Price Inflation,” a hard Brexit would hit EU-UK trade in...
Cargill Study Shows Consumer Support of Farmers Grows As a Result of COVID-19 Challenges
A recent Cargill study found a majority of consumers stand ready to rally around farmers in support of their efforts to put food on tables around the globe. Consumer recognition for the challenges and expectations farmers face grew amid the COVID-19 pandemic, as processing and transportation bottlenecks, especially in the protein industry, stretched the global food supply. In the latest Feed4Thought survey, Cargill found nearly one-third of consumers in the U.S., Brazil, Vietnam and Norway have a renewed appreciation for animal agriculture.
“Farmers and ranchers have faced tremendous pressures caused by COVID-19 supply chain disruptions. And those pressures came on top of the multitude of challenges farmers already faced as they worked to feed the world in...
The Case for Capacity: Can the U.S. Beef Industry Expand Packing Capacity?
Rabobank’s analysis suggests that an additional 5,000 to 6,000 head daily beef packing capacity would help return US cattle supplies and packing capacity to an historical equilibrium without a sharp contraction in beef cow numbers, while still maintaining packer profitability.
Recent supply chain disruptions in beef packing and processing have amplified the discussion surrounding the need for and feasibility of US beef packing capacity expansion. Adding packing capacity would result in both a larger US beef industry over the long run and more balanced profitability throughout the supply chain. If the US can avoid...
A Snapshot of Plant-Based Protein Growth Amid the Pandemic
Alternative protein markets, and those specifically utilized in the production of plant-based meat analogues, continue to boon as a result of COVID-19 economic implications. Primarily used to produce beef-like substitutes, products from companies like...
Cargill to Advance Regenerative Farming Practices
Cargill is supporting farmer-led efforts to adopt practices and systems foundational to regenerative agriculture practices across 10 million acres of North American farmland over the next 10 years.
The initiative will focus primarily on row crop rotations that include corn, wheat, canola and soybeans and other staple crops. Cargill expects these regenerative agriculture practices to benefit the long-term profitability and resiliency of farmers while simultaneously advancing the company's progress against its science-based climate commitment to reduce greenhouse gas emissions in its global supply chains by 30 percent per ton of product by 2030. The initiative will also...
The Nature Conservancy, Cargill, McDonald’s and Target Unite to Invest in Beef Sustainability
The Nature Conservancy, McDonald’s, Cargill and Target are coming together to launch a new five-year, $8.5 million project aimed at working with Nebraska farmers to advance proven soil health practices to help mitigate greenhouse gas emissions and help farmers adapt to climate change. Overall, this effort has the potential to sequester 150,000 metric tons of carbon dioxide over the course of the project – equivalent to removing over 32,000 cars from the road in one year.
Nebraska is one of the top states for U.S. beef production and among the top three states for corn production, a key ingredient for cattle feed. This project will work with interested farmers to reach...
NCC Releases New Video Featuring Enhanced Safety Measures to Protect Processing Plant Employees
The National Chicken Council released a new video outlining how the chicken industry has enhanced safety measures in response to the COVID-19 pandemic.
Using drone photography, viewers can see new perspectives from the inside of a processing plant and the essential workers who help keep grocery shelves and restaurants stocked with our nation’s favorite protein: chicken.
The video features Ashley Peterson, Ph.D, the National Chicken Council’s Senior VP of Scientific and Regulatory Affairs. Dr. Peterson walks through the numerous safety protocols followed inside processing plants, including...
Rabobank Pork Quarterly Q3: More Uncertainties Ahead
Covid-19 brings many uncertainties to the global pork market. With various disruptions to the supply chain, Rabobank has revised down pork production for 2020 in major producing countries.
“Labor shortages, operational suspensions, soft demand, and channel shifting will force industry players to increase automation, adopt digitalization, improve plant working conditions, streamline processing, and integrate along the supply chain in order to...
Rabobank's Poultry Quarterly Q3 2020: Fragile Recovery After COVID-19 Storm
The global poultry industry is recovering from a storm that hit in 1H 2020, and the outlook is gradually improving. Poultry demand will be more bullish in 2H, as Covid-19 containment measurements are eased, lifting demand through foodservice.
Poultry demand is expected to improve in 2H. The biggest market driver will be the economic downturn, making global markets more volatile and price driven. Such conditions are generally positive for poultry, being the cheapest meat protein with a short and flexible production cycle.
Prices will see some recovery after historic lows in 1H. Breast meat should benefit from the reopening of foodservice, although trade will...
Foodservice Associations, NFI Praise PLUS Act Aimed at COVID-19 Relief for Distributors
Representatives Darin LaHood (R-IL) and Jimmy Panetta (D-CA) introduced the Providing Liquidity for Uncollectible Sales (PLUS) Act. The legislation, which provides a tax credit to offset uncollectable debt incurred due to COVID-19 shutdowns, received support from the United Fresh Produce Association, the International Food Distributors Association (IFDA), and National Fisheries Institute (NFI).
Shutdowns lead to significant losses in the foodservice distribution sector as restaurants and other entities were unable to pay distributors for products...
Kentucky Fried Chicken and 3D Bioprinting Solutions to Use a Bioprinter to Produce Nuggets
Kentucky Fried Chicken is taking the next step in its innovative concept of creating a "restaurant of the future" by launching the development of innovative 3D bioprinting technology to create chicken meat in cooperation with the 3D Bioprinting Solutions research laboratory.
The idea of crafting the “meat of the future” arose among partners in response to the growing popularity of a healthy lifestyle and nutrition, the annual increase in demand for alternatives to traditional meat and the need to develop more environmentally friendly methods of food production.
The project aims to create the world's first laboratory-produced chicken nuggets. They will be as close as possible in both taste and appearance to the original KFC product, while being more...
U.S., Japan Expand Organic Trade Opportunities; Livestock Added to Trade Arrangement
The United States and Japan announced the expansion of their organic equivalence arrangement to include livestock products. The arrangement goes into effect July 16, 2020 and reduces costs and streamlines the process for anyone involved in the organic livestock supply chain by requiring only one organic certification.
“Opening new markets for America’s organic farmers and ranchers continues to be a priority for USDA,” said the U.S. Department of Agriculture (USDA) Marketing and Regulatory Programs Under Secretary Greg Ibach. “Japan is already one of the top export markets for U.S. organic products. This agreement opens additional opportunities for everyone involved in the international supply chain for...
NCBA Applauds Introduction of DIRECT Act
The National Cattlemen’s Beef Association (NCBA) applauded the introduction of the bipartisan legislation to create new direct-to-consumer options for beef producers, processors and small meat markets without compromising federal food safety standards or market access under existing trade agreements.
Introduced by U.S. Representatives Dusty Johnson (R - At-Large, SD) and Henry Cuellar (D - 28th Dist., TX), the Direct Interstate Retail Exemption for Certain Transactions (DIRECT) Act of 2020 would amend retail exemptions under current law to allow meat processed under state-inspected establishments to be sold across state lines through e-commerce, providing beef producers and local processors alike with...
Pilgrim’s Publishes 2019 Sustainability Achievements and Advancement Toward 2020 Goals
Pilgrim’s Pride today announced the release of its 2019 Sustainability Report and progress toward 2020 sustainability goals. The report transparently details the company’s progress in the key priority areas of team member health and safety, product integrity, animal welfare, water and energy across its operations in the UK, Continental Europe, Mexico, Puerto Rico and the United States.
“The Pilgrim’s global team is driven by our passion to sustainably produce food that positively impacts the lives of our team members, grower partners, customers, shareholders and society,” said Jayson Penn, President and CEO, Pilgrim’s. “We are focused on doing things the right way and creating...
America’s Meatpacking Facilities Operating More than 95% of Capacity Compared to 2019
U.S. Secretary of Agriculture Sonny Perdue today applauded the safe reopening of critical infrastructure meatpacking facilities across the United States. As of this morning, across the cattle, swine, and broiler sectors, processing facilities are operating more than 95% of their average capacity compared to this time last year. In fact, beef facilities are operating at 98%, pork facilities are operating at 95%, and poultry facilities are operating at 98% of their capacity compared to the same time last year.
America’s meatpacking facilities are safely resuming operations following President Trump’s Executive Order directing the facilities to implement the Centers for Disease Control and Prevention (CDC) and the Department of Labor’s Occupational Safety and Health Administration (OSHA) guidelines specifically created for...
Kroger and Ocado Announce Three Additional Regions for Customer Fulfillment Centers
Kroger and Ocado announced the continued expansion of their partnership with plans to construct three new Customer Fulfillment Centers (CFC) in the Great Lakes, Pacific Northwest and West regions.
"Kroger is incredibly excited to construct three additional industry-leading Customer Fulfillment Centers across the country in relationship with Ocado to bring fresh food to our customers more conveniently than ever before," said Robert Clark, Kroger's senior vice president of supply chain, manufacturing and sourcing. "Through our strategic partnership, we are...
Cargill Demonstrates Significant Progress Against Critical Sustainability Goals
At Cargill, sustainability is written into the company’s purpose—and woven into core operations including investment priorities, organizational structure and resource allocation. The company recently outlined progress against sustainability goals in critical supply chains including aqua nutrition, cocoa and chocolate, palm, soy, ocean transportation and beef. With a focus on advancing progress on land use, climate change, water, farmer prosperity and human rights, the company is working across every supply chain to drive sustainable production, transportation and operations.
“The call for radical transparency is increasing. More than ever, our customers and consumers want to understand the story behind the products they buy,” said Jill Kolling, Vice President of Global Sustainability, Cargill. “By investing and partnering on...
NAMI's Response to New York Times' "End of Meat" Op-Ed
Like many sectors of the economy, meat and poultry production has been challenged during the COVID crisis. This leads to the popular pundit sport of writing the industry’s eulogy. The most recent comes from vegetarian and author Jonathan Safran Foer here in the New York Times. Safran Foer says COVID-19 has shown that for Americans, the end of meat is here.
From the start of the pandemic, it was clear meat is essential to Americans. Consumers were flooding grocery stores and buying necessities. Meat was among the few key items, like toilet paper and hand sanitizer, which they bought immediately and in historically high quantities. Meat continues to experience...
USDA, FDA Strengthen U.S. Food Supply Chain Protections During COVID-19 Pandemic
As the COVID-19 pandemic response continues, the U.S. Department of Agriculture and the U.S. Food and Drug Administration have been working around the clock on many fronts to support the U.S. food and agriculture sector so that Americans continue to have access to a safe and robust food supply. As a next step in carrying out Executive Order 13917, the USDA and FDA announced a Memorandum of Understanding (MOU) (PDF, 137 KB) to help prevent interruptions at FDA-regulated food facilities, including fruit and vegetable processing.
This is an important preparedness effort as we are approaching peak harvesting seasons, when many fruits and vegetables grown across the U.S. are sent to be...
Technomic: Supply Chain Issues Likely to Continue
As news of outbreaks within the food supply chain spread, restaurant operators started to grow wearier of their prospects. Concerns about commodity spikes and/or shortages are compounding the negative outlook operators already had because of the impact of shelter-in-place orders and consumer changes in behavior. Operators are taking extraordinary measures to ensure the health and safety of their staff and customers alike, as many recognize the failure to do so could lead to rebound in contagion rates, put their staff in danger and undermine their growth.
The good news is that curbside, drive-thru and limited takeout appear to be growing to levels that are allowing sustainable levels of sales to occur for...
Consumers Continue to Purchase Meat from Restaurants and Retail Despite Coronavirus Concerns
Fear of the unknown proved to be true when observing consumers’ reaction to the emergence of COVID-19. When the virus first made its way to the United States, panic ensued. Grocery store shelves were depleted, and necessities like toilet paper were nowhere to be found. Consumers have come accustomed to finding resourceful solutions and are willing to be more flexible than ever before.
However, the coronavirus has thrown yet another curveball, with many meatpacking plants either temporarily closing or reducing operations. While consumers have stocked up on meat, there seems to be less panic this time around.
When Datassential asked consumers what best describes the way they eat today, nearly 69% described themselves as...
NPPC Supports Livestock Provisions of Heroes Act
The National Pork Producers Council (NPPC) expressed strong support for livestock agriculture provisions in the Heroes Act introduced by the U.S. House of Representatives Committee on Appropriations. These provisions include funding for the U.S. Department of Agriculture to provide:
PODCAST: Scrambling for Eggs? Volatility In the Egg Market
This week Laura returns to the show to discuss the volatility in the egg market due to Covid-19 with Brian Moscogiuri. They cover supply issues, retail demand, typical seasonal factors, and more...
The Consumer Perspective on the Potential Meat Shortage
As warnings of a potential meat shortage seem to dominate headlines, consumers may begin to panic buy and stockpile proteins in case supply chain disruptions due to COVID-19 lead to empty meat cases at the grocery store. While retailers did see aisles that include toilet paper, paper towels, and cleaning products wiped out at the height of the pandemic, it is possible that consumers have already purchased meat products in bulk.
According to a recent survey conducted by Datassential, about 77% of consumers have at least one week's supply of meat on hand. This is followed by 26% having enough meat in the home to last about two to three weeks. Only 7% of respondents have run out of meat and will be purchasing more. Additionally, some shoppers purchased enough meat to last...
Smithfield Foods to Reopen Sioux Falls, South Dakota Facility
Smithfield Foods, Inc. announced that it will begin resuming operations in Sioux Falls, S.D. today after receiving positive confirmation from the Centers for Disease Control and Prevention (CDC) and United States Department of Agriculture (USDA) that the company is in full compliance with all CDC and Occupational Safety and Health Administration (OSHA) guidance. The company will take a phased approach to resuming its operations. The harvest floor will reopen on May 11, 2020 and the company anticipates that the facility will be fully operational by late May.
Testing, which is being administered by the State of South Dakota, is available to all Smithfield employees prior to returning to work. To date, over 2,000 employees have been tested. More tests will be conducted in the coming weeks as...
Revisiting President Trump's Execuctive Order - What Has Changed?
Last Tuesday, President Trump signed an executive order urging the nation’s meat processing plants to remain online. As we revisit this order eight days later, the revolving door of plant openings and closures continues. At the start of this week, Tyson warned that it expects more plant closures to occur this year as the industry grapples with ongoing labor absenteeism due to COVID-19. On Monday, Tyson reported that its fiscal second-quarter net income fell 15% from the year prior (several of the company’s plants remain shuttered). Other packers including JBS, Smithfield, and Cargill are similarly affected by labor shortages. Hog processing capacity is being slashed to nearly half, while cattle processing capacity is running at about two-thirds of normal operating speeds. Last week’s estimated hog kill at...
Tyson Fresh Meats to Resume Waterloo, Iowa Operations
Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc. announced it will resume limited production at its Waterloo, Iowa facility on Thursday, May 7. Team members have been invited to tour the facility Wednesday to view the enhanced safety precautions and protective social distancing measures installed throughout the plant.
The reopening of the facility follows a tour of the plant by Black Hawk County health officials, Waterloo Mayor Quentin Hart, Black Hawk County Sheriff Tony Thompson, UFCW Local 431 President Bob Waters and other local business leaders and a subsequent joint company and...
Tyson Foods to Resume Operations in Pasco, Washington
Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., will resume limited production at its Pasco, Washington, beef facility. The facility temporarily idled operations on April 23 to test its team members for COVID-19.
Team members were asked to self-isolate until their results returned. The company worked with local health officials to verify test results, which were communicated to team members. Team members who tested positive will only return to work once they have met the criteria outlined by the CDC for...
APHIS Establishing Coordination Center to Assist Producers Affected by Processing Plant Closures
American livestock and poultry producers are facing an unprecedented emergency due to COVID-19, particularly with the closing of meat processing plants in several states. USDA is leading the federal response by working in coordination with the Vice President’s Task Force, the CDC, OSHA, Department of Labor, industry, state and local governments, and others across the federal family to mitigate the impacts of COVID-19 on producers.
We will continue to seek solutions to ensure the continuity of operations and return to production as quickly, safely and as health considerations...
JBS USA Announces Limited Reopening of Worthington Pork Facility to Assist Producers
JBS USA announced a limited reopening of the Worthington, Minn., pork production facility to provide producers with a humane euthanasia option for market hogs during the coronavirus pandemic. Recent U.S. pork plant closures and reduced production levels at pork processing facilities across the country have left American producers with few options for market-ready hogs. Humane depopulation and proper disposal is the unfortunate last resort for some producers.
“While our focus is on getting the Worthington facility back to work on behalf of our team members producing food for the nation, we believe we have a responsibility to step up when...
Tyson Fresh Meats Temporarily Pausing Production at Dakota City, Nebraska, Beef Plant
Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., is currently winding down production and will temporarily pause operations Friday, May 1 through Monday, May 4 at its Dakota City, Neb., beef facility to complete a deep cleaning of the entire plant. The company has been working closely with the local health department and is also in the process of screening plant team members for COVID-19 this week, with assistance from the Nebraska National Guard.
The facility, one of the largest beef processing plant in the country, employs a workforce of 4,300 and normally produces enough beef in one day to feed 18 million people, however...
What President Trump's Executive Order Might Mean for Meat Processing Plants
Labor shortages due to the coronavirus are sharply reducing chain speeds at processing facilities across the nation. On Sunday, Tyson Foods published a full-page ad in several major newspapers (which is also available on their website) saying “the food supply chain is breaking,” while warning that “millions of pounds of meat will disappear from the supply chain." Shortly after the foreboding ad was released, President Trump took a drastic measure to combat a potential meat shortage that some industry leaders warn of.
On Tuesday, the President signed an executive order that urges meat-processing plants to remain open. Using the Defense Production Act, the order mandates the Secretary of Agriculture to...
Industry Reacts to President Trump’s Executive Order to Keep Meat Plants Operating
President Trump intends to sign an executive order to ensure meat processing plants remain open during the coronavirus pandemic. The executive order will call on the Defense Production Act recognizing the facilities as a part of the United States’ critical infrastructure. This comes as concerns rise that the food supply chain will be disrupted as the virus spreads.
Julie Anna Potts, President and CEO of the North American Meat Institute, said, “By keeping meat and poultry producers operating, the President's Executive Order will help avert hardship for agricultural producers and...
Is America Headed Towards a Meat Shortage?
Price gouging. Panic buying. Meat shortages. These phrases have dominated recent talk about the nation’s overall meat supply as a wave of plant closures and worker absenteeism rattle the supply chain and generate logistical hurdles. Increasingly, industry participants and consumers alike are uttering the unnerving question: Is America on the cusp of a nationwide meat shortage?
There are many factors at play when assessing the current supply and demand patterns in the midst of a pandemic. Notably, a second wave of panic buying, and the subsequent run-up in wholesale values, has recently...
Rabobank: Impact of Coronavirus on Southeast Asian Food & Agribusiness
Southeast Asia will face far-reaching challenges from the impacts of the coronavirus outbreak, such as economic decline, reduced out-of-home consumption, and supply chains disruptions, even beyond the lockdowns.
After panic buying, consumers will shift from foodservice to retail and – after a short, suppressed splurge (if any) – to recession-period spending.
Production will also be affected, albeit less, but transporting goods will continue to experience problems due to...
Cargill Survey: At-Home Learning is Changing Parents Buying Habits as School Meals Off the Table
Current Restaurant Restrictions and Capacity By State
Urner Barry Releases January Soy and Wheat Protein Report
Meat and Poultry Worker COVID-19 Case Rates Five Times Lower in December than May
Urner Barry Expands Lamb Price Coverage with New Imported Market Report
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