Poultry

Poultry market comes 'through a pretty challenging year,’ as 2024 rebound remains uncertain

10-Oct-2023 By Ryan Daily

The US poultry market is facing several headwinds between higher cost of retailer inputs and lighter demand as it closes out 2023, while 2024 is shaping up to be a continuation of many of the trends the industry has experienced this year, Christine McCracken,...

Tyson Foods to close four more chicken plants to cut costs as sales continue to slip

08-Aug-2023 By Elizabeth Crawford

Tyson Foods will shutter four more chicken facilities as part of a “bold,” multi-point plan to improve its performance, which has struggled for years to balance supply and demand and navigate falling prices and higher costs.

Consumers feel the heat with July 4th preparation as inflation remains high, Rabo AgriFinance finds

26-Jun-2023 By Ryan Daily

Consumers aren't only expecting warm weather when they fire up the grill this July 4th holiday, they also are feeling the heat from the high prices of cookout staples from beef to buns, Lance Zimmerman, senior VP and senior analyst of Animal Protein...

Tyson Foods leans on branded food business as commodity segment sags under pressure

08-May-2023 By Elizabeth Crawford

Protein giant Tyson Food’s branded foods business, including Hillshire Snacking, Jimmy Dean and Ball Park, was a bright spot in an otherwise “tough” second quarter marred by supply and demand imbalances, ongoing high costs and reduced consumer spending.

Meat consumption holds steady as consumers alter amount, type to combat inflation

24-Mar-2023 By Lauren Nardella

Consumers are reacting to higher meat prices by shifting how much and what type they buy, but the share of households purchasing meat or poultry from retailers was virtually unchanged in 2022, according to a new report.

USDA proposes tighter definition for ‘Made in the USA’ claims on meat, poultry and eggs

06-Mar-2023 By Elizabeth Crawford

Industry stakeholders are lauding an effort by the US Department of Agriculture to close a loophole that currently allows meatpackers and egg producers to label their products as “Made in the USA” even if they were imported, but they also caution the...

Tyson’s iconic chicken segment’s margins tighten in face of ‘unpredictable and sizeable’ market swings

07-Feb-2023 By Elizabeth Crawford

Tyson Foods remains optimistic about rebuilding the competitiveness of its chicken business, which includes its iconic eponymous brand, despite what the CEO called a “hit in the mouth” in the first quarter from weaker-than-expected demand for poultry...

Tyson Foods sees mixed results as higher protein prices drive shifts in shopping

09-Aug-2022 By Elizabeth Crawford

Higher grocery prices across categories are starting to take a toll on consumers as they pull back on premium cuts of meat, overall animal protein volume and seek less expensive, value options, Tyson Food executives reported during the company’s third...

Hormel navigates ‘uncertain period ahead’ as avian flu causes ‘large supply gaps’ in Jennie-O Turkey

03-Jun-2022 By Elizabeth Crawford

Cases of the highly contagious avian flu in the US appear to be declining with the warmer weather, but only after taking the lives of nearly 40 million birds, including many from Hormel’s turkey flock – leading to “large supply gaps in the Jennie-O Turkey...

Tyson counters labor constraints hindering volume with added benefits, automation

10-May-2022 By Elizabeth Crawford

As labor challenges continue to hold back Tyson Foods' ability to meet heightened demand, the firm is doubling down on efforts to become the ‘most sought-after place to work,’ while simultaneously investing in automation to relieve staffing needs.

Meat still king with plenty of market opportunity ahead, says IRI

04-Mar-2022 By Mary Ellen Shoup

Despite the continued hype around meat alternatives and a growing flexitarian lifestyle trend, meat is still the protein of choice for most consumers, argues Jonna Parker, principal, fresh foods at IRI.

Farmer Focus’ expansion underscores alternative model to ‘anti-competitive’ meatpacking practices

16-Feb-2022 By Elizabeth Crawford

The opening of organic and Humane Certified chicken company Farmer Focus’ 78,000 square foot packaging facility in Harrisonburg, Va., announced today, is a testament to the sustainability and scalability of an alternative business model to those of the...

Next Gen Foods debuts plant-based chicken TiNDLE in US following $100m fundraise

15-Feb-2022 By Elizabeth Crawford

Today’s anticipated US debut of Singapore-based startup Next Gen Foods’ TiNDLE, made possible by a record-breaking $100m series A fundraise, brings American chefs on both coasts access to a versatile plant-based chicken alternative that goes beyond ridged...

Tyson Foods unveils 4-prong plan to restore its chicken business’ competitiveness, reverse earnings drop

10-Dec-2021 By Elizabeth Crawford

Tyson Foods is aggressively repositioning itself as a sought-after workplace, investing in automation and other operational performance improvements and reinforcing its leadership position through marketing and innovation in order to reverse sharp earnings...

FSIS: ‘Perhaps it’s time to rethink our approach’ as efforts to reduce salmonella infections stall for 20 years

08-Oct-2021 By Elizabeth Crawford

Frustrated that salmonella infections have held stubbornly steady at more than 1 million cases annually for the past two decades, USDA’s Food Safety and Inspection Service is rethinking how and where it tests for contamination, potentially expanding its...

Demand for premium rises: ‘It’s not just wealthy people who are buying more expensive stuff,’ IRI says

04-May-2021 By Elizabeth Crawford

While only a small percentage of consumers qualify as “cooking enthusiasts” and an even smaller number could be considered “confident cooks,” these two groups represent an outsized opportunity for retailers, meat processors and CPG brands looking to hold...

NEWS IN BRIEF

Hormel Foods VP of corporate strategy retires

11-Jun-2020 By Mary Ellen Shoup

Hormel Foods’ group vice president of corporate strategy, Jim Splinter - who led the acquisition of Justin’s nut butters in 2016 - has retired from the global food company.

Tyson Foods responds to US DOJ chicken price-fixing allegations

11-Jun-2020 By Jenny Eagle

Tyson Foods Inc. has issued a statement after an indictment by the Antitrust Division of the United States Department of Justice (DOJ) on June 2, charging multiple executives of other companies in the broiler chicken industry with conspiring to restrain...

Consumers prefer organic, local meat and cage-free poultry

10-Jun-2020 By Jenny Eagle

Consumers are turning to ‘Conscious Consumption’ following the COVID-19 pandemic, driving interest in organic, local, cruelty-free products, according to Saage Insights.

Plant-based meat brands seize initiative as [animal] meat processors struggle, but no room for complacency, say Impossible Foods, Atlantic Natural Foods

05-May-2020 By Elaine Watson

As more meat plants temporarily close or operate at reduced capacity as coronavirus spreads, plant-based brands “have a window of opportunity to present themselves as more reliable alternatives,” says Lux Research. But no production facilities are immune...

Belcampo Meat Co: ‘We want to be an agent of change in the meat industry’ - PODCAST

01-May-2020 By Aidan Fortune

The US meat industry has been under pressure of late, particularly in terms of perception due to sustainability within the supply chain. GlobalMeatNews spoke with Anya Fernald, co-founder of California-based vertically-integrated meat processor Belcampo...

CSPI urges Congress to reject calls for coronavirus ‘liability shield’ for essential businesses; Smithfield asks court to toss lawsuit

01-May-2020 By Elaine Watson

As tensions – and lawsuits – mount in the meat industry as plants balance the need to protect workers with pressure to maintain the nation’s food supplies, food trade associations have urged Congress to move to protect essential businesses from ‘unfounded’...

US meat plants ordered to remain open by Trump

28-Apr-2020 By Aidan Fortune

US meat processing plants will have to remain open during the coronavirus pandemic under Executive Order from the President.

Brazilian chicken exports rise despite coronavirus situation

20-Apr-2020 By Aidan Fortune

Brazilian chicken meat exports grew 2.6% year-on-year in volume terms during March, despite the global impact of coronavirus.

Concerns over US meat supply chain following plant closures

14-Apr-2020 By Aidan Fortune

A wave of US meat processing plant closures due to coronavirus has sparked concerns among the supply chain with financial losses predicted to be as high as $13.6bn.

Brazil expands exports in eight markets during March

13-Apr-2020 By Aidan Fortune

Brazil has reported a strong March in export terms, increasing presence in eight countries during the month, driven by falling trade barriers due to the coronavirus pandemic.

Foster Farms donates more than two million meals to food banks

09-Apr-2020 By Aidan Fortune

US poultry processor Foster Farms is to provide more than two million meals to families affected by coronavirus.

US poultry industry urges worker safety as priority

08-Apr-2020 By Aidan Fortune

The US National Chicken Council (NCC) has praised poultry processors for keeping staff safe during the ongoing coronavirus pandemic.

BRF poultry facility regains export approval for China

07-Apr-2020 By Aidan Fortune

Brazilian processor BRF has announced that its facility in Dourados has been re-authorised to export to the Chinese market.

Canadian processor shuts doors due to coronavirus

30-Mar-2020 By Aidan Fortune

Canadian pork and poultry processor Olymel has had to close its Yamachiche facility in Quebec due to a growing number of coronavirus cases among employees.

Mexican meat supply chain urges responsible shopping

25-Mar-2020 By Aidan Fortune

The Mexican meat industry has made a joint appeal to the public to shop responsibly during the coronavirus situation.

AAMP offers coronavirus guidance to members

17-Mar-2020 By Aidan Fortune

The American Association of Meat Processors (AAMP) has issued guidance to its members as it feels the effect of the coronavirus.

Southern Foods and A M King collaborate on renovation project

26-Feb-2020 By Aidan Fortune

Premium meat provider Southern Foods’ Greensboro facility in North Carolina has undergone an extensive renovation project.

Hormel Foods to acquire Sadler’s Smokehouse

25-Feb-2020 By Aidan Fortune

US processor Hormel Foods has reached an agreement to acquire pit-smoked meat business Sadler’s Smokehouse.

Bell & Evans to open new processing facility

24-Feb-2020 By Aidan Fortune

US poultry processor Bell & Evans and equipment provider Marel have agreed to build a state-of-the-art processing facility.

Tyson Foods cites innovation as key driver for future growth

20-Feb-2020 By Aidan Fortune

US processor Tyson Foods has outlined its product and financial position at a major financial market conference.

Perdue Farms sustainability partnership with Penn State University

06-Feb-2020 By Aidan Fortune

US processor Perdue Farms has teamed up with Penn State University Partner to help improve sustainability.

Cargill identifies protein trends for 2020

27-Jan-2020 By Aidan Fortune

US processor Cargill has outlined some of the key trends in the protein sector for 2020, focusing on how consumer habits are shifting as well as perception of the meat industry has changed.

USMCA passage widely praised by meat industry

20-Jan-2020 By Aidan Fortune

The US Senate has voted 89-10 to pass the US-Mexico-Canada Agreement (USMCA), moving the trilateral deal one stage further to completion.

Tyson expects growth opportunity from US-China trade deal – LISTEN

17-Jan-2020 By Aidan Fortune

In its latest podcast, GlobalMeatNews caught up with Tyson Foods group head of poultry Chad Martin to discuss the opportunity that the trade deal between the US and China is expected to present.

US-China Phase One trade deal signed

16-Jan-2020 By Aidan Fortune

The Phase One trade deal between the US and China that will see a reduction or removal of tariffs on products including meat and poultry has been signed by both countries.

Korin: Carrefour listing will bring healthy, sustainable meat to the masses

13-Jan-2020 By Niamh Michail

Leading organic brand Korin is supplying GMO-free chicken to Carrefour Brazil, which will help it bring healthy, certified sustainable meat to a large number of people, its managing director says.

Perdue Farms launches direct-to-consumer offering

08-Jan-2020 By Aidan Fortune

US processor Perdue Farms has launched a new direct-to-consumer digital channel to capitalise on the growth of online ordering.

Organic meat brand raises $15m in funding

02-Jan-2020 By Aidan Fortune

US organic poultry business Shenandoah Valley Organic has raised $15m in a funding round for plant modernization.

Daring Foods launches clean label chicken made from five plant-based ingredients: 'This is not an alternative but an upgrade'

19-Dec-2019 By Mary Ellen Shoup

Chicken is the world's most popular animal-based protein, but when it comes to a plant-based version, the market is due for some innovation, said CEO of Daring Foods, Ross Mackay.