Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.
Livekindly Collective Expands Its Brand Portfolio With the Acquisition of Iceland Foods’ No Meat
LIVEKINDLY Collective, a collection of heritage and start-up brands, announced the acquisition of No Meat, Iceland Foods’ vegan meat alternative company.
“This acquisition is very complementary to our current portfolio further strengthening our position in the frozen sector of the fast-growing plant-based meat category", says Domenico Speciale, General Manager for LIVEKINDLY Collective in the UK. "No Meat has been such an incredible success with...
Meat Industry Reacts to President-Elect Biden's Choice for U.S. Trade Representative
President-elect Joe Biden announced he will nominate House Ways and Means Committee trade lawyer Katherine Tai as U.S. trade representative. Tai’s career at USTR began in 2007 as an associate general counsel. In 2014, she was named chief counsel for China trade enforcement, overseeing disputes between Washington and Beijing at the World Trade Organization. She left that role in 2014 to join House Ways and Means and in 2017 was named chief trade lawyer for Chair Richard Neal (D-MA).
The North American Meat Institute supports the choice. Tai, who would become the first Asian American to hold the role of USTR, speaks fluent mandarin and has experience as...
UK Government Consults on Ending Live Animal Exports for Slaughter
Plans to ban the export of live animals for slaughter and fattening have been unveiled by the Environment Secretary today, in the start of a renewed push by government to strengthen the UK’s position as a world leader on animal welfare.
These proposals form part of an eight-week consultation, launched in England and Wales, seeking views on how to better protect animal welfare during transport.
Live animals commonly have to endure excessively long journeys during exports, causing...
UK Restaurants Look Set to Recover as Consumers Still Prefer to Dine Out
The NPD Group says amid the severe and unprecedented COVID-19 business pressures affecting Britain’s out-of-home (OOH) foodservice industry, the delivery channel has been a welcome success story. Comparing the January-to-October period this year with the same period in 2019, delivery is up 14% in visit terms to 804 million and has seen a 40% increase in spend to £5.7 billion. However, although delivery has met a need during this unprecedented period of enforced home living, working and entertaining, NPD’s research shows...
UK Consumer Spending to Fall by Nearly 14.9% in 2020
Total UK consumer spending is expected to fall by a staggering £183.6 billion (14.9%) this year due to the COVID-19-induced lockdowns, according to new research from Mintel’s flagship British Lifestyles report. This equates to a drop in spending of around £6,600 per household – with the biggest decreases occurring in the transport, foodservice, and holiday industries. Consumer spending in these three categories will fall by an astonishing £140.1 billion in total, or just over £5,000 per household – representing around 77% of the overall decline in consumer spending this year.
But it seems there is light at the end of the tunnel for these three categories as they are expected to bounce back the strongest in 2021: spending on transport will increase by...
WATCH: Protein Industry Insights on the UK Beef Market
With Brexit trade talks still somewhat in limbo, the UK Beef market sits at a crucial juncture. While an air of uncertainty continues to circulate, recent trade deals with the US holds significant potential for the UK beef trade. Despite pockets of optimism, there is a genuine concern a second wave of infections may hinder processing, although output remains steady for the time being.
Our Beef Market Reporters Joe Muldowney and Michael Nesbitt came together for this eye-opening chat on Brexit, US/UK Trade deals, Coronavirus' effect on the beef market...
Rabobank: Pork Quarterly Q4 2020: Export Concentration a Potential Long-Term Risk
Global pork demand rebounded following Covid-19 disruption in most geographies, yet supply remains constrained in many Asian markets. This imbalance continues to support strong export demand from the rest of the world, resulting in sharply higher pork values.
Globally, processors’ ability to respond also remains constrained by labor availability, which limits packer capacity and efficiency. In Europe, new African swine fever (ASF) outbreaks add further limitations. “Hog producers face a challenging outlook, given rising feed costs, weaker economic trends, and slower export growth as China...
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...
First Exports of UK Beef To the USA in 20 Years Underway
The first shipments of UK beef are to depart for the USA today, marking a historic moment for UK farmers and food producers.
Following the USA’s longstanding ban on EU beef – introduced in the wake of the BSE outbreak in 1996 – market access for UK beef was granted in March 2020. UK beef producers now have access to the US market for the first time in over 20 years.
Today’s news means the sector can now begin to reap the economic benefits of trade with the US – with industry estimating beef exports will be worth £66 million over the next...
McDonald's to Test Reusable Cup Model for Hot Beverages
McDonald’s Corporation has announced a global partnership with TerraCycle’s circular packaging service, Loop, to test a new reusable cup model for hot beverages. The initiative, which will first be trialed in 2021 across select McDonald’s restaurants in the UK, helps customers enjoy their favorite McDonald’s hot drink in a reusable cup, while cutting down on packaging waste. The model marks significant progress toward innovative circular packaging solutions that help protect the planet for communities today, and in the future.
This unique new partnership will conveniently allow customers to reduce waste by choosing a durable Loop-created cup, for a small deposit. The deposit can then be redeemed by returning the cup to participating McDonald’s UK restaurants in order to be...
Rabobank Beef Quaterly Q3 2020: New Faces Shaping Future UK Beef Imports
Once outside the European bloc, the UK is expected to become the fifth or sixth largest beef-importing country. Consumer acceptance and non-tariff barriers will play significant roles in determining which countries ultimately supply the UK beef market in the future.
Brexit trade talks between the UK and EU continue to progress. “While pure economic reasoning and geopolitics normally play strong roles in trade negotiations, we believe that, in the case of the UK, consumer acceptance and non-tariff barriers will be equally significant in determining...
Urner Barry to Offer New Market Coverage of UK Beef Trade
First of its kind coverage of the UK beef market will include quotations, news and analysis
Urner Barry, the leading provider of protein market news and information in the food industry, is pleased to announce a brand-new coverage area with the launch of a UK beef market report.
Adding to the timely, accurate and unbiased reporting on the U.S. beef market, Urner Barry will now offer coverage of the beef trade in the United Kingdom. This initiative provides transparency and insight into international market dynamics at a time when information is more critical than ever.
"We are excited for the opportunity to invest in the UK beef industry and continue our tradition of helping people make better trading decisions by providing independent, accurate and timely market information,” said Urner Barry CEO Joe Muldowney. “We're grateful for the incredible support we've seen so far from the U.K. on this endeavor and look forward to...
Consumers Are Eager to Dine Out and Support Local
Fatigued by cooking at home, consumers are anxious to dine at their favorite restaurants according to a new Oracle Food and Beverage study. The survey found that 59% of US and 47% of UK consumers plan to dine-out as soon as they are able. In fact, as soon as it's deemed safe to reopen, 26% of US respondents and 14% of the UK said they plan to return in the first week.
Diners are looking for reassurance on cleaning procedures and technology to reduce contact with servers. Forty percent of those surveyed in the US and 39% in the UK said they would feel safer if they could view the menu from their mobile device, while...
Mintel: A Quarter of British Millennials Say COVID-19 has Made a Vegan Diet More Appealing
The prospect of a diet packed with chickpeas, lentils, and quinoa appears to be more tempting as of late, as new research from Mintel reveals that a quarter (25%) of young British Millennials (aged 21-30) say that the COVID-19 pandemic has made a vegan diet more appealing.
These plant-loving Millennials are not alone, as the research reveals that a vegan diet is proving more attractive to over one in ten (12%) of all Brits, rising to almost a quarter (22%) of Londoners, since the start of the pandemic.
This comes as Mintel research indicates there is a strong belief in the healing power of plants, as half of Brits (51%) believe plant/botanical ingredients (eg herbs, spices) can have...
Mintel: UK Online Grocery will Grow by Around 33% in 2020
The latest research from Mintel reveals the online grocery market is forecast to grow by 33% in 2020 to reach an estimated value of £16.8 billion, up from £12.7 billion in 2019. This phenomenal rise follows four consecutive years of slowing growth: in 2019 growth fell to a historic low of just 2.9%. The market is set to be worth £17.9 billion by 2024, growing by 41% over the five year period.
Online shopping behaviour as a whole
This comes as Mintel reveals a dramatic change in online shopping habits over the COVID-19 lockdown period, habits that Mintel believes could prove lasting. In the very early days of the spread of the coronavirus in the UK, before social distancing measures were announced, 7% of Brits...
47 Members of Congress Send Letter Requesting U.S. Chicken Market Access to the United Kingdom
Arkansas Representative Steve Womack (R, AR-3), along with 46 Members of Congress, yesterday sent a letter to U.S. Trade Representative Robert Lighthizer requesting that U.S. chicken products be included in any new trade agreement with the United Kingdom.
The letter specifically addresses the European Union’s long-standing, unscientific ban on U.S.-exported chicken due to an American practice of using chlorine during processing. The U.K. formally adhered to the E.U.’s food safety standards in 1997 and American chicken has been banned from entry since that time.
“With almost one of five pounds of chicken being exported, a robust and expanding overseas market is extremely important to the economic health and well-being of the U.S. chicken industry,” said National Chicken Council President Mike Brown. “Including U.S. chicken is critical in...
Meat Institute Signs MOU with the British Meat Processors Association
With trade negotiations set to begin between the United States and the United Kingdom, the North American Meat Institute (Meat Institute) today announced the signing of a memorandum of understanding (MOU) with the British Meat Processors Association (BMPA) to benefit members of each organization and to support and promote mutually beneficial regulations, standards and policies to enhance bilateral trade in meat and poultry products.
“Members of the Meat Institute and the British Meat Processors Association share many common goals, especially regarding food safety, sustainability, nutrition and worker safety,” said Meat Institute Senior Vice President for International Affairs Bill Westman. “As our governments begin trade talks, it is important to...
Cranswick Acquires White Rose Farms
Cranswick plc, a leading UK food producer, announces that it has acquired the Buckle family’s pig farming and rearing operations as well as the family’s 50% share of the White Rose Farms Limited pig production joint venture set up by Cranswick and the Buckle family in 2018. The enlarged pig enterprise, to be known as White Rose Farms, specialises in the production of Red Tractor assured pigs in Yorkshire and will continue to be led by Rick Buckle.
Following the acquisition of Packington Pork in December, which specialises in British free range and outdoor pigs, today’stransaction further increases Cranswick’s self-sufficiency in UK pigs processed to over...
The Latest Market Briefing is Here!
Highly Pathogenic Avian Influenza Strikes South Korea’s Layer Houses
U.S. Department of Agriculture Announces Key Staff Appointments
Urner Barry Releases January Emerging Plant Protein Report
Sysco Releases New Foodie Solutions Toolkits
URNER BARRY INDICES