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Hormel Foods Corp. is partnering with Crisp, an open-data retail platform for the consumer goods industry, to leverage real-time data through Google Cloud.
The inventory of all hogs and pigs on June 1, 2022 was 72.5 million head, down 1% from a year ago and down slightly from March 1, 2022 according to data from the US Department of Agriculture’s National Agricultural Statistics Service (NASS).
Highly perishables now make up 39% of grocery stores, and produce alone is nearly 24%. These items have a short lifespan and are ripe for waste if not purchased. And food waste is expensive: shrink costs retailers $52 billion annually.