An unprecedented combination of factors affecting the production and movement of foods around the world is having a major impact on meat and poultry markets, and retailers and their supply partners won’t likely see that changing anytime soon.
Feed demand in China is forecast to rise in marketing year 2022-23 due to recovering demand for hog feed, according to a Global Agricultural Information Network report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
Commissaries, retailers and suppliers are all scrambling to adapt to a series of recently or soon-to-be-passed laws aimed at cutting the amount of packaging waste in the US food system.
Despite cost pressures and operational challenges, the global poultry market is bullish with high demand and tight supply, Rabobank said in its Q3 2022 report.
In the latest Wixon Innovates, the innovation team addresses the consumer desire for new, yet familiar flavors in what they’re calling – Next Level Favorites.
The American Farm Bureau Federation (AFBF) recently shared the results of its latest marketbasket survey, which showed the average cost of a summer cookout has increased since a year ago. The organization said a group of 10 US consumers will pay an average of $69.68 for popular Independence Day food items, up 17% from 2021.
Responding to the results of its own nationwide survey regarding consumer attitudes toward chicken and plant-based alternatives, the National Chicken Council (NCC) has asked the Food and Drug Administration (FDA) and the US Department of Agriculture (USDA) for clearer guidance and enforcement of misleading product labels.
Ukraine exported 1.11 million tonnes of grain in the first 22 days of June, down 44% from the same period in 2021, Reuters reported, citing agriculture ministry data released June 27.