2023 Cattle Prices Could Reach Records
Fed cattle prices are expected to range from $150 to $172 per hundredweight, averaging $158 for the year, up $14 from last year.
Fed cattle prices are expected to range from $150 to $172 per hundredweight, averaging $158 for the year, up $14 from last year.
The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …
Most canned seafood is rich in omega-3 fatty acids and essential vitamins, adding healthy benefits to nearly any meal.
The goal of Georgetown’s study was to learn whether America’s eating habits have changed lately. Clearly, Americans now want smaller portions.
Now that Walmart has joined Target and Costco by raising their minimum pay to about double the federal rate of $7.25 an hour, fast-food outlets may have to consider boosting their minimum to $20 to …
A top executive with S&P Global Ratings said proper forecasting will be imperative for retailers this year, as fading uncertainty enables new opportunities.
New research suggests many consumers have an undeniable sweet tooth these days, and candy sales back that up. A report by the National Confectioners Association (NCA) revealed that non-chocolate candy is the second-largest selling confectionery …
It appears overall alcohol consumption will be up at Super Bowl parties this year. Research by retail insights company 84.51°, however, shows an eye-opening drop in planned alcohol consumption among younger adults this year.
As pandemic demand for meal subscription services dwindles, the industry continues to evolve — for better or worse. Could plant-based varieties boost overall market growth in the year ahead?
Moolec Science is infusing crops with animal genes to create a unique meat alternative, in a process it calls molecular farming. Now, it’s looking to partner with major players in the plant-based category.
Aldi was named America’s most popular grocery store overall, but it wasn’t the favorite among every demographic, according to a recent poll.
Vertical farming can play a pivotal role to reduce the carbon footprint and provide a sustainable alternative for consumers.
Americans searched for “keto diet plan” an average of 52,000 times per month last year, according to a Total Shape report.
The food and beverage industry has proven to be a vulnerable target for cyber criminals this year. At least 40 companies in the sector have suffered cyberattacks, of which ransomware events have been the most …
Consumers could be getting a break with companies like Conagra Brands, maker of Hunt’s ketchup and other popular packaged groceries, pulling back on price hikes following last year’s worst inflation in four decades. In its …
Experts believe that video analytics will soon define grocery, from checkout-free shopping to efficient stocking.
On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …
The founder of That’s it, a functional snack brand, feels that there’s a significant runway within the plant-based category, especially for healthier-for-you snacks.
Bad potato and onion crops, coupled with cost and availability issues, may have consumers hearing, “You want zucchini sticks with that burger?” Portillo’s CEO Michael Osanloo said supplies of onion rings and French fries have …
As climate concerns continue to shake up the food industry, Richard’s Rainwater is bottling fresh rain with a focus on localized access and sustainability.
Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …
This edition of The Weekender is a brief link round-up of some of the best of what we saw and experienced at the Winter Fancy Food Show.
Foods, flavors, trends, and more from Day 3 of the 2023 Winter Fancy Food Show in Las Vegas, Nev., by the Specialty Food Association.
Restaurant owners are following the corporate world’s lead in having employees test the four-day workweek – but a south Florida Chick-fil-A owner has gone further by having employees in his fast-food establishment work 13 to …
Pics, coverage, flavors, foods, trends, and more from Day 3 of the 2023 Winter Fancy Food Show in Las Vegas, Nevada, by the Specialty Food Association.
Foods, flavors, trends, and more from Day 2 of the 2023 Winter Fancy Food Show in Las Vegas, Nevada, from the Specialty Food Association.
Pics, coverage, flavors, foods, trends, and more from Day 2 of the 2023 Winter Fancy Food Show in Las Vegas, Nevada, put on by the Specialty Food Association.
Less people are participating in Dry January this year, but data suggests that’s because drinking less alcohol is now on-trend year round.
In the U.S., inflation has been running above 5% since the middle of 2021. For packaged foods players, input cost increases have been even higher. Yet, at least so far, even the companies on the …
Mondelēz’s latest State of Snacking report reveals that a majority of consumers continue to prioritize snacking, even amid rising prices.
Mainstream grocers can learn priceless lessons from successful off-price brands like Aldi, according to one industry analyst. Chief among those lessons is the value of growing private-label offerings.
In-store bakery performance is on the rise, with a whopping 95% of shoppers eating a bakery item at least occasionally and 63% doing so weekly, according to a new FMI report. The report, which explored …
Pics, coverage, food, flavors, trends, and more from Day 1 of the 2023 Winter Fancy Food Show in Las Vegas, Nevada, put on by the Specialty Food Association.
Atmospheric rivers have deluged California in recent weeks, dumping 8.61 inches on the San Francisco area since December 26, yet drought persists.
Experts say restaurants and food manufacturers can capitalize on the “Veganuary” movement even without making significant investments.
Trends, flavors, and more from the Specialty Food Association’s Winter Fancy Food Show 2023 in Las Vegas, Nevada.