Meat & Poultry: Page 24
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Tyson CFO pleads not guilty to criminal trespass, intoxication charges: reports
The company has drawn criticism from some corporate governance experts who felt it should have taken a more aggressive stance on the arrest of its newly minted financial chief.
By Elizabeth Flood • Dec. 1, 2022 -
Courtesy of Plant Based Foods Association
Plant-based consumers spend less on meat and dairy, study finds
Using Kroger shopper data, insights firm 84.51° and the Plant Based Foods Institute found many people who bought alternative products in 2020 kept buying them in 2021.
By Megan Poinski • Dec. 1, 2022 -
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 -
Permission granted by Tyson Foods
Tyson managers fired for COVID-19 betting pool sue for incentive pay
The former supervisors at the plant in Waterloo, Iowa demand a total of $300,000, saying they deserve bonuses from when the facility met production targets.
By Chris Casey • Nov. 30, 2022 -
Getty Images
McDonald’s sues meat companies for accusations of pork price-fixing
Smithfield, Tyson, JBS and Hormel are among the processors the fast food giant claims have worked together since 2008 to inflate the price of pork.
By Chris Casey • Nov. 29, 2022 -
Courtesy of Tyson Foods
Meat companies conspired to set wages low, lawsuit claims
The proposed class action case says red meat firms had secret meetings to keep employee pay and benefits the same, while pork processors used a service to get compensation information.
By Megan Poinski • Nov. 23, 2022 -
Matthew Stockman via Getty Images
Cargill names insider as new CEO
COO Brian Sikes will become the 10th leader of the global protein and ingredients giant on Jan. 1. Current chief executive David MacLennen will transition to executive chairman.
By Megan Poinski • Nov. 21, 2022 -
Courtesy of Nestlé
ColumnLeftovers: Sipping lasagna with Stouffer’s Bloody Mary Mix; Spam brings figgy pudding across the pond
The Nestlé brand brings savory flavors to a cocktail glass, and Stuffed Puffs coats its new marshmallow snack with crushed Cinnamon Toast Crunch.
By Food Dive staff • Nov. 18, 2022 -
Courtesy of Beyond Meat
Deep DiveHow can plant-based meat get back to growth?
As business indicators have worsened, Beyond Meat and other companies in the space have tried new strategies — but analysts say they may have forgotten consumers along the way.
By Megan Poinski • Nov. 17, 2022 -
Courtesy of Upside Foods
Race for regulation of cell-based meatUpside Foods gets FDA greenlight for cultivated chicken
The California company received the first U.S. regulatory approval of any kind for meat grown from cells. It awaits a decision from the USDA before it can serve its products to consumers.
By Megan Poinski • Updated Nov. 16, 2022 -
Permission granted by Kodiak Cakes
Kodiak picks Campbell Soup executive for CEO post
Valerie Oswalt, who succeeds co-founder Joel Clark in the top post, will oversee a fast-growing company looking to bring its high-protein, whole-grain foods into new categories.
By Christopher Doering • Nov. 15, 2022 -
Permission granted by Tyson Foods
Tyson will eliminate ‘difficult’ jobs as automation increases
CEO Donnie King did not specify how many positions would be impacted, but said workers would be reassigned to open roles in the company.
By Chris Casey • Nov. 15, 2022 -
Courtesy of Beyond Meat
Beyond Meat partners with American Cancer Society on research
The meat analog company will help facilitate data collection to see if plant-based alternatives could be linked to the prevention of chronic disease.
By Megan Poinski • Nov. 15, 2022 -
Courtesy of Vow
Vow raises $49.2M to expand cultivated meat production
The Australian company, which focuses on growing uncommon types of meat such as kangaroo, alpaca and quail from cells, plans to launch in its home country and the U.S. next year.
By Megan Poinski • Nov. 14, 2022 -
Brandon Bell via Getty Images
Grocery prices post smallest monthly increase in nearly a year
Food and beverage prices at the store rose 0.4% in October from the prior month, according to the government’s CPI report, with eggs alone climbing 10.1%.
By Chris Casey • Nov. 10, 2022 -
Courtesy of Air Protein
Deep DiveFrom science to CPG: Finding the right team to go beyond the lab
While scientific processes and developments are core to what food tech companies do, they need employees who can turn the science into a successful business.
By Megan Poinski • Nov. 10, 2022 -
Courtesy of Beyond Meat
As revenue slides, Beyond Meat CEO outlines strategy to improve business
CEO Ethan Brown said today’s economy has not been kind to plant-based meat. He’s aiming to return the company to cash-flow-positive operations in the second half of 2023.
By Megan Poinski • Nov. 10, 2022 -
Courtesy of Steakholder Foods
From science to CPG series
A five-part series examining the challenges food tech companies face when scaling up.
By Megan Poinski • Nov. 9, 2022 -
Courtesy of Upside Foods
Deep DiveFrom science to CPG: Adapting R&D to regulations — and eventually consumers
As food tech startups grow, their focus needs to shift from scientific breakthroughs to meeting stringent manufacturing rules, as well as thinking a lot about the people who will one day eat their products.
By Megan Poinski • Nov. 9, 2022 -
Courtesy of Quorn
Fermentation leaders form Fungi Protein Association
Companies including Quorn, MycoTechnology, Meati and The Better Meat Co. are coming together to advocate for alternatives that are not made from plants.
By Megan Poinski • Nov. 9, 2022 -
Joe Raedle via Getty Images
New Tyson CFO arrested on trespassing, public intoxication charges
The incident involving the meat giant’s recently appointed CFO — son of the company’s chairman — reignites concerns about potential conflicts of interest.
By Grace Noto • Nov. 8, 2022 -
Courtesy of Caulipower
ColumnLeftovers: Caulipower thaws innovation in frozen meals; Truff shakes into seasoning salt
The cauliflower brand is expanding its presence in the freezer aisle with three gluten-free pasta options, and Jimmy Dean thinks small with egg bites.
By Food Dive staff • Nov. 4, 2022 -
Courtesy of International Flavors & Fragrances
IFF launches plant-based ingredient that mimics chunky meat texture
The company said its soy-based Supro Tex product can be hydrated with a variety of colors and flavors for use in plant-based beef, chicken, pork and lamb dishes.
By Megan Poinski • Nov. 3, 2022 -
Jeff J Mitchell via Getty Images
Meat industry report touts sustainability commitments ahead of COP27
As world leaders plan to discuss climate change at the United Nations conference, the North American Meat Institute said 81% of its meat processor members have plans to lower emissions.
By Chris Casey • Nov. 2, 2022 -
Courtesy of Jack & Annie's
How Jack & Annie’s uses jackfruit to shake up plant-based meat
Founder and CEO Annie Ryu said the massive fruit native to South India has a meat-like texture and easily adapts to products including chicken-like nuggets and meatballs.
By Megan Poinski • Nov. 2, 2022 -
Getty Images
Thanksgiving turkeys will cost 23% more this year: Wells Fargo
Consumers may want to trade down to less expensive items to replace traditional dishes, the banking giant said in a report.
By Chris Casey • Nov. 1, 2022
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