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...During first-quarter earnings calls Tyson’s chief executive blamed “adversities in almost all countries where we operate”, while the head of JBS said he could not remember another time when “beef, pork and...
...So while Hormel is reporting record sales of Spam, the canned pork product targeted at lower-income consumers, Snee also highlighted demand for pricier charcuterie boards....
...The average price charged per customer for beef was up 32 per cent year on year, pork 13 per cent and chicken 20 per cent....
...A version of this article was first published by Nikkei Asia on July 23. ©2022 Nikkei Inc. All rights reserved....
...“It can’t be right that a company whose products are critical to the food and drink supply chain can be allowed to close without adequate warning.”...
...Agricultural suppliers may continue to benefit in the short term but fundamentals for fertiliser producers suggest high product prices cannot last long....
...Ethan Brown, chief executive and founder of Beyond Meat, said China was “one of the world’s largest markets for animal-based meat products, and potentially for plant-based meat”....
...But interest in plant-based meats was rising before the pandemic after African swine flu hit domestic pork production....
...Companies are tailoring products to a deepening wealth gap....
...The company has been working on plant-based fish and it unveiled Impossible Pork, a ground pork product at the Las Vegas CES technology conference at the start of this year....
...Bloomberg reports this “ underscores Apple’s longtime focus on in-person meetings and hands-on product development”....
...“Not only have products and categories like hand sanitiser, disinfecting wipes and sprays, toilet paper, beef and pork been hard to find,” he said, “but items such as laptops, office chairs and fabric have...
...Some of its retail products carry brands such as Ball Park, Jimmy Dean or Aidells, if they are labelled at all. In the meat world, however, the Tyson family has a storied lineage....
...“We only wish that this administration cared as much about the lives of working people as it does about meat, pork and poultry products,” said Stuart Appelbaum, president of the Retail, Wholesale and Department...
...To put that in context, that’s double what $20bn Tyson, the world’s second largest beef, chicken and pork processor, has achieved at peak over the past 30 or so years: Higher gross margins means far more...
...The market for plant-based meat products could exceed $140bn in the next decade, estimates Barclays. That size suggests opportunities in China exist but could easily end up a niche market for hipsters....
...and pork....
...As swine fever spread, Cargill’s animal nutrition business was selling feed products to pork producers that improve pig gut health and immunity from disease, Ms Clemens said....
...The outbreak of African swine fever, a deadly disease decimating China’s pig herds and pushing up the price of pork — and in turn other meat due to greater demand — is making the need for alternative sources...
...Their efforts address an industry that threatens sales of beef, pork and chicken....
...Beef emissions intensity is multiples higher than emissions from pork, chicken and eggs, the study found....
...Tyson is developing its own line of alt-protein products, while $294bn Nestlé has already launched a range of meat-simulating products....
...UK LFL sales growth was +3.9% ex splits (+3.0% 3Q) and +2.6% inc splits (+1.4% 3Q). RoI LFL sales growth was -1.0% ex splits and -2.4% inc splits....
...The US government has intensified efforts to keep ASF out of the country, for example adding border beagle teams to sniff for agricultural products....
...India’s gross domestic product growth has slowed for four quarters in a row and shows little sign of picking up....
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