Where Does Burger King Import Their Beef
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
This comment will be posted using your screen name:
Submit Notification
Email Address is required.
Password is required.
Rich Nelson from Allendale, Inc Weighs in on the Grain Situation
Nearby CBOT corn futures slid to a six-week floor on Tuesday following USDA's latest Crop Progress report, which indicated that corn plantings were up to 72% complete. The latest figure was below the 5-year average but an impressive catch-up over the past few weeks.
Despite the progress, the 72% of corn planted as of Sunday, May 22, represented the second slowest pace for that week in over 25 years. On Wednesday, corn futures closed mostly lower but recovered some of their earlier declines. The old crop July contract managed to hold onto a ½ cent gain and ended at $7.72 ¼ a bushel.
The ongoing Russia-Ukraine war has impacted the old-crop outlook due to stalled grain supplies from Ukraine's Black Sea ports. The trade disruptions have restricted the global supply of grain and energy, exerting additional upward pressure on prices...
Full Story »
May 27 8:00 AM, UB Newswires
Natural-Gas Prices Surge As Summer Approaches
Natural-gas prices are heating up ahead of air-conditioning season, hitting the highest level in about 14 years.
Prices topped $9 per million British thermal units for the first time since 2008, before frackers flooded the market with cheap shale gas.
The cost of the power-generation fuel has risen more than 20% this month and tripled over the past year, adding pressure to household budgets and manufacturing costs.
Natural gas has been a major driver of inflation, and prices have been accelerating. In addition to heating and cooling, gas prices...
Full Story »
May 27 8:22 AM, General News
North American Meat Institute: Meat and Poultry Industry is Resilient
The North American Meat Institute (Meat Institute) today released the following statement in response to a U.S. Department of Agriculture's (USDA) Agricultural Marketing Service report on Agricultural Competition and the first in a series of rules changes the Administration is proposing under the Packers and Stockyards Act:
"Despite what the White House says, the meat and poultry industry proved to be remarkably resilient during the pandemic," said Julie Anna Potts, President and CEO of the Meat Institute. "Following the challenges of the spring of 2020, the industry acted immediately to reduce..."
Full Story »
May 27 8:06 AM, General News
USDA Announces New Regulatory Burdens on Chicken Industry
The U.S. Department of Agriculture today announced a proposed rule under the Packers and Stockyards Act that would do nothing to lower food prices, increase competition or reduce inflation, which is a result of policies like these from the Biden administration.
"This is a solution in search of a problem," said NCC President Mike Brown. "The last thing the Biden administration should be doing is pushing increased regulations, red tape and costs onto businesses at a time of record inflation and input costs, threatening food security and potentially raising grocery bills even..."
Full Story »
May 27 8:00 AM, General News
New Rules Proposed To Help Farmers
The Agriculture Department proposed new rules on Thursday requiring poultry companies to be more transparent about how farmers are paid, part of the Biden administration's broader push to tackle consolidation in the meatpacking industry.
The measures would require poultry processors, such as Tyson Foods Inc. and Pilgrim's Pride Corp., to disclose compensation information for chicken farmers who are paid under so-called tournament systems, which pit farmers against one another to determine payment.
The White House has frequently accused the biggest U.S. meat companies of using their market power to increase prices...
Full Story »
May 27 8:12 AM, General News
USMEF Spring Conference Examines Strong Global Demand Tempered by Growing Economic Challenges
The U.S. Meat Export Federation (USMEF) Spring Conference got underway Wednesday in San Antonio, attracting a diverse range of participants including pork, beef, lamb, corn and soybean producers, as well as packers, processors, exporters and traders from throughout the United States.
USMEF Chair Mark Swanson, who recently founded food safety consulting firm Tru Grit KGMS Enterprises LLC, welcomed attendees and urged them to take the opportunity to visit one-on-one with a strong contingent of USMEF's international staff from Asia, Mexico...
Full Story »
May 27 8:54 AM, Urner Barry
Smithfield Packaged Meats Corp. Recalls A Ready-To-Eat Bacon Topping Products
Smithfield Packaged Meats Corp., a Sioux Center, Iowa establishment, is recalling approximately 185,610 pounds of ready-to-eat (RTE) bacon topping products that may be contaminated with extraneous materials, specifically metal, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced today.
FSIS expects there to be additional products containing the bacon and urges consumers to check back frequently to view updated lists and labels.
The RTE item was produced on various dates between Feb. 21, 2022 to Feb. 23, 2022 and March 3, 2022 to...
Full Story »
May 27 1:40 PM, USDA
Biden-Harris Administration Announces New Actions to Strengthen Food Supply Chains
USDA announced a suite of new actions delivering on key commitments from President Biden's Executive Order on Promoting Competition in the American Economy, including issuing a new Packers & Stockyards Act rulemaking, making available $200 Million to expand competition in meat processing, and investing $25 million in workforce training
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced more support, resources, and new rules that will strengthen the American food supply chain, promote fair and competitive agricultural markets, prevent abuse of farmers by poultry processors and make...
Full Story »
May 27 9:15 AM, USDA
The Wendy's Company Reaffirms 2022 Outlook
The Wendy's Company today reaffirmed its 2022 outlook.
"As evidenced by our sales momentum, which accelerated on a 2-year basis in Q1 2022, we continue to make significant progress across our three long-term growth pillars: building our breakfast daypart, accelerating our digital business, and expanding our footprint across the globe," President and Chief Executive Officer Todd Penegor said. "We achieved a second consecutive quarter of double digit 2‐year global same‐restaurant sales, opened over 90 new restaurants, accelerated our global digital business to over 10% of total sales..."
Full Story »
May 27 8:47 AM, General News
Kroger #25 on Axios Harris Poll 100 Ranking of Most Visible U.S. Companies
The Kroger Co. today announced it ranked #25 on the 2022 Axios Harris Poll 100, an annual ranking of the reputations of the most visible U.S. companies.
"As the nation's largest grocer, Kroger is changing the way America eats," said Rodney McMullen, Kroger's chairman and CEO. "Every day, we bring exciting innovations to life that ensure our customers find the foods they want – anything, anytime, anywhere – with zero compromise. We are committed to delivering the freshest food at affordable prices and cultivating a purpose-driven environment where..."
Full Story »
May 27 9:19 AM, General News
Source: https://www.foodmarket.com/
0 Response to "Where Does Burger King Import Their Beef"
Publicar un comentario