Foodmarket News Summary
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry. Relied on by agribusiness professionals the world over, Foodmarket brings you the latest developments in the meat, poultry and egg industry.
Wolverine Packing Co. Recalls Ground Beef Products Due to …
Wolverine Packing Co., a Detroit, Mich. establishment, is recalling approximately 167,277 pounds of ground beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The fresh products have a “use by” date of 11/14/2024 and the frozen products are …
Foodmarket, the premier source of market news for the food …
Oct 7, 2024 · Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry. Relied on by agribusiness professionals the world over, Foodmarket brings you the latest developments in the meat, poultry and egg industry.
ANALYSIS: US 2024 Choice Brisket Prices Firm in December
Dec 31, 2024 · With the year-end holidays coming to a close and St. Patrick’s Day on the horizon, it’s the perfect time to take a closer look at a crowd favorite, the choice brisket. This item entered 2024 on a strong note, starting at $3.74/lb, a significant 29% increase compared to the previous year. However, brisket prices peaked in January at $3.89/lb before declining to …
Restaurants and Grocers Gear Up for 2025: A Focus on Tech, …
Dec 24, 2024 · Against the backdrop of a turbulent economic landscape, 2024 saw the food industry grappling with rising inflation, geopolitical uncertainties, and the US presidential election's impact on key global commodity markets. For consumers, tighter budgets drove a heightened focus on value, with many turning to private-label brands, budget …
Ingles Markets, Incorporated Reports Results for Fourth Quarter …
Dec 27, 2024 · Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and twelve months ended September 28, 2024. Robert P. Ingle II, Chairman of the Board, stated, “After Hurricane Helene impacted our communities, I am proud of how not only our associates came together, but our entire region. We are truly thankful for all the volunteers and the outpouring of support for our ...
New FMI 2024 Reports Examine Grocery Shopping Trends for The …
Despite ongoing concerns about food prices, shoppers feel more confident in managing their grocery budgets ahead of the holidays, according to FMI —The Food Industry Association’s annual U.S. Grocery Shopper Trends: Holiday Season report. These findings are further supported by FMI’s newly released ninth-annual Power of Foodservice at Retail report, which found that retail foodservice ...
Over 10,000 Pounds of Meat Products Recalled for Misbranding …
The United States Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS) have announced two recalls for meat items since Friday, December 20. First, Ralph's Packing Company recalled 3,132 pounds of ready to eat pork and beef bologna due to misbranding and undeclared allergens. The establishment notified FSIS …
PODCAST: Agri-Food for Thought Ep 20 - Christmas Food Trends
Agri-Food for Thought ·Episode 20 - Christmas Food Trends In this episode, we look at the cost of commodities for Christmas Dinner 2024. Featuring special guests from the beef and cattle sector, analyzing trends in this key category as we head into the new year. From Jamie and Simon, thank you to all our listeners for joining us in 2024, we can't wait to show you what we have in store for...
China Lifts Final Market Bans for Two Australian Beef Plants
As of December 3rd, 2024, two Australian beef plants (Plant 1620 Australia Country Choice Production Pty Ltd and Plant 243 John Dee Warwick Pty Ltd) were approved for export to China, according to the General Administration of Customs of the People’s Republic of China. The plants were banned from China’s market from 2021 and 2020 amid strained relationships between the two trading partners