Tyson Foods reports second quarter 2023 results Results show strong branded food performance and continued focus on growth strategy. Industry News May 8, 2023 No Comments Tyson expects sales to be $53 billion to $54 billion in fiscal 2023. Read More
New Smithfield Foods report documents 21 years of progress toward sustainability goals Smithfield’s 2022 sustainability impact report is available online. Industry News April 27, 2023 No Comments Report highlights include producing clean, renewable energy, the minority farmer program, diversity, equity and inclusion, and animal care.Read More
Newsweek names Perdue Farms one of America's most trustworthy companies The company ranked 16th out of 45 food & beverage businesses. Industry News March 31, 2023 No Comments Perdue Farms is one of 700 companies awarded this distinction.Read More
U.S. hog inventory up slightly Iowa hog producers accounted for the largest inventory among the states at 23.4 million head. Industry News March 31, 2023 No Comments To obtain an accurate measurement of the U.S. swine industry, NASS surveyed roughly 4,500 operators across the nation during the first half of March. Read More
Midan releases report on evolving pork shopping habits A new study reveals top factors consumers consider when shopping for pork. Industry News February 16, 2023 No Comments Midan’s newly released “Pork Attributes Report” indicates that price continues to be the top attribute consumers consider when making pork purchasing decisions at retail, online or in a foodservice environment.Read More
Global pork market shaped by recession, supply/demand imbalance, and uncertainties A small upside in trade is expected for this year. Industry News February 6, 2023 No Comments The reopening of the world's largest pork market, China, will impact the global supply-demand balance.Read More
Consumption of tilapia is slated to hit a market revenue of $22.3 billion by 2033 Global demand for tilapia fish is expected to increase at 4.6% CAGR over the next ten years. Industry News January 11, 2023 No Comments The global tilapia industry currently has a value of $14.1 billion and is estimated to reach a size of $22.3 billion by the end of 2033.Read More
USPOULTRY releases updated report of antibiotic stewardship within U.S. poultry production Dramatic usage decline demonstrates industry stewardship. Industry News December 13, 2022 No Comments The new report shows further improved antibiotic stewardship and commitment to disease prevention within poultry production.Read More
IRI November inflation tracker reveals price increases are slowing, but still up 13% over last year Recent report offers new insights into food inflation and its impact on consumer shopping behavior. Industry News December 12, 2022 No Comments November food inflation increased at the slowest rate, +0.3% compared to October; center-store inflation moderated the most.Read More
U.S. hog inventory down 1% NASS surveyed approx. 4,700 operators across the U.S. to obtain an accurate measurement of the swine industry. Industry News September 30, 2022 No Comments As of Sept. 1, there were 73.8 million hogs and pigs on U.S. farms, down 1% from September 2021 but up 2% from June 1, 2022.Read More