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State of the cattle industry: ‘A very valuable commodity’

KELO Sioux Falls on MSN.com - 5/18/2023 5:30:28 PM
A year and a half ago, Todd Wilkinson didn’t have a favorable outlook for America’s cattle industry. Coming out of the summer of 2021, cattle producers were reeling from widespread drought and market disruptions from the COVID-19 pandemic.

Check the price tag before grabbing a bottle of ketchup for your barbecue

CBS News - 5/28/2023 1:35:00 AM
A 32-ounce bottle of ketchup went from $4.08 on average the week of May 16, 2022, to $5.22 in the week of May 15, 2023, according to Datasembly, which measures weekly changes in grocery prices at over 150,000 US stores for its Grocery Price Index. That's a jump of nearly 28%.

Beef cattle prices slump 20pc in a boon for exports

The Australian Financial Review - 5/22/2023 7:00:00 PM
Beef producer margins in Australia are expected to be healthy through 2024 as US consumers help contain lower cattle prices.

Price of Ketchup up 28%, other condiments more expensive for Memorial Day barbecues

ABC7 - 5/28/2023 7:30:00 PM
A 32-ounce bottle of ketchup went from $4.08 on average the week of May 16, 2022, to $5.22 in the week of May 15, 2023, according to Datasembly, which measures weekly changes in grocery prices at over 150,

Tyson Foods posts surprise loss, cuts 2023 revenue forecast as beef, pork prices fall

MSN - 5/8/2023 11:55:00 AM
Average sales prices of beef and pork were down 5.4% and 10.3% ... labor, freight and commodity prices, aggravated due to lingering drought situation and supply chain issues.

15 Food Stocks Hit by Commodity Inflation

TheStreet.com - 5/26/2023 12:00:00 AM
Analysts from Zacks Investment Research noted that "increasing food costs, especially beef ... in higher prices during the first two quarters, resulting in a net unfavorable commodity cost ...

Sliding beef sales send Tyson stock down 16% as the meat producer slashes its outlook

Business Insider - 5/8/2023 5:58:00 PM
Tyson said in the second quarter, average sale prices for beef declined by 5.4% during the three months ended April 1. Beef sales overall slumped by 8.3% to $4.62 billion as volume pulled back by ...

Westhoff: Food price inflation is slowing, but some puzzles remain

Columbia Daily Tribune on MSN.com - 5/21/2023 11:59:00 AM
A variety of indicators suggest a more favorable outlook for food consumers, but there are also some reasons to remain concerned.

Food Prices Fall on World Markets But Not on Kitchen Tables

Voice of America - 4/30/2023 12:20:00 PM
Cash-strapped Pakistanis reluctantly go vegetarian, dropping beef and chicken from ... that means they haven't seen" the price drops that show up in commodity markets and the U.N. food price ...

UPDATE 3-Tyson Foods posts surprise loss, cuts 2023 revenue forecast as beef, pork prices fall

Yahoo Finance - 5/8/2023 1:23:00 PM
Average sales prices of beef and pork fell 5.4% and 10.3% ... labor, freight and commodity prices, aggravated by a lingering U.S. drought and supply chain issues. The drought and cost of livestock ...

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