Meat & Poultry: Page 21
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Courtesy of Future Farm
Why Future Farm is getting into plant-based milk and honey
The Brazilian company known for its meat analogs is expanding its platform, making plans to provide varieties of many food items found on the farm.
By Megan Poinski • March 20, 2023 -
Courtesy of Molson Coors
ColumnLeftovers: March Madness-inspired ice and fire — Coors popsicles and Hormel basketball court-smoked bacon
The brewer’s frozen treats will be sold online and in select bars as the Big Dance heats up, and B&G provides a way to add the taste of Girl Scout Thin Mints to everything.
By Food Dive staff • March 17, 2023 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Courtesy of Shiru
Shiru launches plant-based fat as its first ingredient
OleoPro, developed with the company’s artificial intelligence platform, combines proteins and unsaturated oil for functions similar to animal ingredients with less saturated fat.
By Megan Poinski • March 16, 2023 -
Courtesy of Believer Meats
Believer Meats promotes its COO to the CEO slot
Gustavo Burger joined the cultivated meat maker last year, playing a key role in building an operations team with CPG experience as the company builds a facility in North Carolina and prepares to launch.
By Megan Poinski • March 15, 2023 -
Alex Wong via Getty Images
Bank collapses unlikely to affect large food companies, but smaller upstarts at risk, analyst says
A Mizuho research note said short-term disruption, tighter lending standards and a stronger emphasis on free cash/profitability could prevent some businesses from gaining financing or entering the industry.
By Christopher Doering • March 15, 2023 -
Brandon Bell via Getty Images
Food inflation cools again in February, driven by decrease in egg prices
Grocery prices rose last month at a 10.2% annual rate, down from 11.3% in January, the federal government reported Tuesday.
By Catherine Douglas Moran • March 14, 2023 -
Tyson to close two plants, laying off nearly 1,700 workers
The company said closing two of its processing facilities will help it optimize its chicken supply chain. It offered assistance to employees impacted by the decision.
By Chris Casey • Updated March 14, 2023 -
David McNew via Getty Images
Experts worry migration season could further spread of bird flu
As meat and egg producers deal with ongoing supply issues, traveling waterfowl and raptor flocks potentially carrying the virus could complicate the situation.
By Chris Casey • March 14, 2023 -
Nathan Howard via Getty Images
As US mulls vaccinating poultry for bird flu, chicken industry could stand in the way
Broiler producers are concerned about trade implications, but fears that the virus will mutate or spread to humans may spur a new plan of action.
By Chris Casey • March 9, 2023 -
Courtesy of Impossible Foods
Impossible Foods launches a healthier version of its signature plant-based beef
Impossible Beef Lite, which is intended as a replacement for 90/10 lean meat from cows, has 45% less total fat than its animal-based counterpart.
By Megan Poinski • March 9, 2023 -
Courtesy of The Urgent Company
Four in 10 consumers will buy food made through precision fermentation
A recent study done by Hartman Group in partnership with Cargill and Perfect Day found the willingness to try products increases with education about how they’re made and their sustainability benefits.
By Megan Poinski • March 8, 2023 -
Permission granted by Tyson Foods
Tyson workers in Arkansas sue company over pandemic protections
The suit filed by 34 current and former employees of the company’s meatpacking facilities claim the poultry giant put profit over its workers’ well-being.
By Chris Casey • March 8, 2023 -
Justin Sullivan via Getty Images
Bird flu-driven drop in turkey supply hurt Hormel’s sales
In its most recent earnings report, the company said volumes of the poultry declined 80% year-over-year, but it remains optimistic about the ability to recover in the second half of 2023.
By Chris Casey • March 6, 2023 -
Christopher Doering/Food Dive
Better together: Conagra Brands CEO downplays possibility of splitting the food giant
In an interview, Sean Connolly said the CPG company benefits from stronger cash flow, greater negotiating power with retailers and deeper margins with its snacking, frozen and plant-based meat brands under one roof.
By Christopher Doering • March 6, 2023 -
Courtesy of Good Culture
Good Culture partners with Dairy Farmers of America on probiotic milk
The upstart is expanding beyond its roots in cottage cheese as it aims to tap into growing consumer demand for better-for-you offerings.
By Chris Casey • March 3, 2023 -
Christopher Doering/Food Dive
How Ingredion benefits from diversification and on-demand ingredients in volatile times
CEO Jim Zallie said the company, which works with more than 18,000 customers, inherently minimizes risk by providing hundreds of ingredients in both staple and trendy categories.
By Christopher Doering • March 2, 2023 -
Courtesy of Meati Foods
Meati hires CPG veterans for supply chain and operations
As the mycelium meat analog company prepares for a national retail launch this year, Elizabeth Fikes and Joseph Johnston have been hired to run more traditional manufacturing functions.
By Megan Poinski • March 2, 2023 -
Permission granted by Cargill
Cargill enters alternative fats partnership with Cubiq Foods
The co-development and go-to-market agreement was part of the agribusiness giant’s investment in the Spanish plant-based and cultivated ingredients startup last year.
By Megan Poinski • March 1, 2023 -
David Silverman via Getty Images
Deep DiveWhy cage-free eggs could be on shaky ground
Industry leaders are still on a path to wider adoption of cage-free systems, but consumer expectations, bird flu and an upcoming Supreme Court decision could impact whether they continue to invest in the practice.
By Chris Casey • Feb. 28, 2023 -
Courtesy of Beyond Meat
Beyond Meat hits earnings expectations, but continues to struggle with sales
CEO Ethan Brown said operational changes are starting to work, and reaffirmed the expectation to be cash flow positive by the second half of 2023.
By Megan Poinski • Feb. 24, 2023 -
Courtesy of Mush Foods
Mush Foods launches mycelium ingredient to blend with meat
The Israel-based company says that its offering, a blend of roots from three kinds of mushrooms, can match the texture, taste and nutrition of beef in a hybrid product.
By Megan Poinski • Feb. 23, 2023 -
Courtesy of Kellogg
Plant-based meat ‘ripe for consolidation,’ Kellogg exec says
Chris Hood, who heads the CPG’s North American business, said in an interview while “the sector is challenged now,” the company remains upbeat about the category and its MorningStar Farms brand.
By Christopher Doering • Feb. 23, 2023 -
Mark Kolbe via Getty Images
Tyson to acquire Williams Sausage Company
The meat giant’s purchase of the sausage and bacon processor, for an undisclosed sum, comes after a period of M&A inactivity in the meat sector.
By Chris Casey • Feb. 22, 2023 -
Courtesy of Perfect Day
Precision Fermentation Alliance forms to promote understanding of the technology
The new trade group, formed by nine leading companies in the space, is the latest industry coalition formed to promote an up-and-coming food technology.
By Megan Poinski • Feb. 21, 2023 -
Scott Olson via Getty Images
Meat plant sanitation service fined $1.5M for child labor violations
Packers Sanitation Services, Inc. paid the sum after regulators found at least 102 children were working overnight shifts at 13 plants owned by companies like JBS and Cargill, a U.S. Department of Labor briefing said.
By Chris Casey • Feb. 21, 2023
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