Restaurants continued to increase their share of spending in April, reaching 54.9% of the food dollar, according to U.S. Census data released Tuesday. Click here to read the full update.
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E S Foods announced today that it is acquiring assets of school foodservice company Notables. Based in Minneapolis, Minnesota, Notables is a producer of school meal kits – a specialty of E S Foods for over 15 years. Click here to read the full article.
Vegetable and fruit growers in the Carolinas aren’t having any trouble selling their produce, says Kevin Hardison, marketing representative for the North Carolina Department of Agriculture and liaison with the North Carolina Vegetable Growers Association. The hard part is putting all the pieces together to produce and ship the crops. Click here to read the full story from The Packer.
Sens. Chuck Grassley (R-Iowa) and Amy Klobuchar (D-Minn.), members of the Senate Agriculture Committee, said they are leading a bipartisan push for more funding to help address the nation’s highly pathogenic avian influenza (HPAI) outbreak.
Wisconsin is now prohibiting the movement of domestic birds to all live events, including shows, exhibitions and swap meets, due to ongoing cases of HPAI in the state.
The new order from the Wisconsin Department of Agriculture, Trade and Consumer Protection replaces an earlier edict, and expands the suspension from poultry to all domestic birds, the agency noted. The rules remain in effect until 30 days after the last detection of HPAI among domestic flocks in the state. Inflation may be slowing just a bit, but food prices are on fire. Food prices were 9.4% higher in April 2022 than in April 2021 -- the largest annual increase in 41 years, the Bureau of Labor Statistics said Wednesday. Grocery prices jumped 10.8% for the year. (The prices do not reflect seasonal swings.) Click here to read the full article from CNN Business.
General Mills (NYSE: GIS) today announced that it has entered into a definitive agreement to acquire TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. TNT Crust is currently a portfolio company of Peak Rock Capital. Read the full article from Yahoo Finance here.
Chicken is not as cheap as it used to be. USDA reported prices for skinned boneless chicken breasts in the Northeast region were ranging between $3.30 and $3.35 per lb. on May 4. Food Institute records showed this was up from the $2.90-$2.95 range reported as recently as April 13. Increases were also reported for chicken legs and leg quarters, with wing prices the only category tracked to exhibit a price decrease. Click here to read the full article.
Everyone knows the world’s supply chain is a mess. COVID, climate change and now war is destroying the carefully planned networks of suppliers, shippers, distributors and manufacturers. Ingredients from locust bean gum to stevia to wheat are in perilously short supply. Click here to read the full article.
A lack of equipment, shipping space and containers resulted in Fresh Del Monte Produce losing the opportunity to ship around 1000 containers this year said the company’s CEO Mohammad Abu-Ghazaleh during the quarterly call with investors. Click here to read the full article.
As the foodservice industry tries to recover from lockdowns, restrictions, and consumer hesitancy, it’s plowing into inflation headwinds that may get worse before they get better.
“I expect inflation to last past 2023,” said Mathew Tate, director of strategic sourcing-produce for Aramark and Avendra Group, during a May 4 International Fresh Produce Association town hall webinar. Click here to read the full article. A plant shutdown due to Avian Flu has led to limits on turkey, leading some to buy it on their own. Ham and roast beef are limited, too, and costs have run higher than expected. Subway franchisees have found themselves short on an item of particular importance to their businesses: sandwich meat. In particular, many operators were scrambling to source turkey meat after one of the company’s processors had to close a plant due the Avian Flu, which has struck turkeys in the Midwest this spring. Subway’s 6-inch turkey is the nation’s top-selling sub sandwich. Click here to read the full article from Restaurant Business.
Tyson Foods is operating under heightened biosecurity measures to offset the risk of avian influenza (AI), including limiting the number of people and trips between farms and facilities, Tyson President and CEO Donnie King said in a post-earnings conference call.
USDA’s weekly Crop Progress report, the sixth of this year, on Monday showed that prolonged cold, wet weather in key farming states has significantly delayed planting of key corn and soybean crops across most of the country.
Food prices in the U.S. are rising, but sticker shock at the grocery store is especially acute in the egg and poultry aisles, as a highly contagious avian flu decimates commercial poultry flocks across the U.S. Click here to read the full CBS News article.
The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation. Click here to read the full article from Bloomberg.
About three of every 50 people employed in restaurant and lodging jobs quit during March, suggesting the industry’s key labor challenge is shifting back to employee retention, reported Restaurant Business. Click here to read the full article.
The number of job openings was at a series high of 11.5 million on the last business day of March, although little changed over the month, the U.S. Bureau of Labor Statistics reported today. Hires, at 6.7 million, were also little changed while total separations edged up to 6.3 million. Within separations, quits edged up to a series high of 4.5 million, while layoffs and discharges were little changed at 1.4 million. Click here to read more from the U.S. Bureau of Labor Statistics.
Animal health officials provided a slight ray of hope to the U.S. poultry industry by lifting quarantine restrictions designed to limit the spread of highly pathogenic avian influenza (HPAI) in Kentucky, even as a new outbreak involving a commercial flock was reported in Wisconsin.
USDA and the Kentucky Department of Agriculture (KDA) cleared two counties that had been under quarantine since February, opening the door for commercial poultry operations in Fulton and Webster counties to repopulate chicken and turkey operations. Federal officials said recent samples from both facilities showed no HPAI infections, according to a KDA news release. McCain Foods 2020 Sustainability Report Summary In this Sustainability Report Summary, McCain shares their 2020 progress towards our Global Sustainability Strategy and commitments. The information in this report covers McCain Foods Limited’s 2020 fiscal year, from 1st July 2019 up to 30th June 2020, unless otherwise indicated. Published in June 2020, the first Global Sustainability Report, was developed in a pre-pandemic world, and although life fundamentally changed for many in 2020, the acute challenges posed by climate change and our fragile food system only became more evident. While they continue to navigate the very clear and present danger of the pandemic, they must also urgently work to address these existential social and environmental threats. Click here to read the full report.
Above is a map from 12:20 am EST on April 28, 2022. This map shows the migration activity during the night. The most active bird migration happens from sunset to sunrise.
The below patterns show the highest flock concentration levels in yellow. The arrows show large flock movement. As you can see, from the Mississippi flyway to the Rockies lies the highest concentration of wild birds and the potential risks of Avian Influenza outbreaks. Everyday, and even by the hour, this map changes so the biggest take away is that all egg producers are still very much at risk from the bird flu. We need the hotter, warmer weather to come and help alleviate the high-risk potential we are all currently navigating through. Record breaking drought is reordering American culture. Click here to read the full article.
Beyond such widely acknowledged factors as labor shortages, higher fuel costs and supply-chain disruptions from the pandemic, other factors helping to drive up the price of food have surfaced in recent weeks, The Washington Post reported.
Rising prices have now hit the fast food industry. Fast food menu prices are up more than 7% between March 2021 and March 2022, according to the National Restaurant Association.
The hike is the largest 12-month increase since 1981. Experts attribute the increased menu prices to higher input costs – particularly food and labor. Click here to read the full article. The price of eggs has soared in recent weeks in part because of a huge bird flu wave that has infected nearly 27 million chickens and turkeys in the United States, forcing many farmers to "depopulate" or destroy their animals to prevent a further spread. Click here to read the full article from Yahoo! News.
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