Hormel Foods donated five truckloads of SPAM products totaling over 264,000 cans to the affected areas, and Tyson is donating over 100,000 lbs of protein, which can feed 404,000 people.
Hormel Foods Corp. will increase advertising spend on its turkey portfolio in fiscal 2023 after raising prices in fiscal 2022. Highly pathogenic avian influenza (HPAI) should continue to impact the turkey category negatively in the next fiscal year, but to what degree remains unknown.