Like peak global markets, the United States has noticed a shift in food service intake to retail
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September 21
Column: How U. S. brands can take advantage of the switch to internal intake [free reading]
After years of profits for food service in the United States, Covid-19 has spurred the demand for food to eat at home. How can packaged food corporations make those long-term profits? Reports the American columnist Victor Martino.
september 18
Mademoiselle Desserts from France invests to meet post-Covid demand
Mademoiselle Desserts Group, the French supplier of frozen bakery products, plans to spend 30 million euros ($35. 5 million) over the next 18 months to develop its production capacity.
The organization said it is now making a cash investment to be able to meet an expected increase in the call by the time the Covid-19 crisis ends.
September 17
UK and beverage mergers and acquisitions drop dramatically
Recent studies conducted through London-based consultancy Oghma Partners have revealed that food and beverage mergers and acquisitions in the UK have declined, particularly during the Covid period.
He said that from the beginning of the year, until the end of the tertiary moment, the volume of transactions had decreased by more than 50% on an annual basis and Oghma expects it to decrease by between 40% and 50% for the total. Year.
However, he stated that it “anecdotally sees a recovery in activity due to long timelines”, but that it will lead to an improvement from year to year before the time of the quarter of 2021.
For the era of May to August 2020, the total volume of transactions (15 transactions) remained particularly below the same era in 2019 (37 transactions).
“The 59. 5% drop in transaction volume is great, as we continue to see difficult situations for mergers and acquisitions in the UK food and beverage market,” Oghma said.
The total transaction price for the second quarter of 2020 was estimated at approximately GBP 350 million (USD 453. 2 million), which is particularly lower than the same time in 2019, when the total transaction price was estimated at approximately GBP 1. 2 billion.
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U. S. frozen goods company Overhill Farms prepares for Covid’s fine
Overhill Farms, the U. S. supplier of frozen products, is fined in California for allegedly failing Covid-19 staff.
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Greenyard increases annual profit forecast as Covid sales increase
Belgian fruit and vegetable supplier Greenyard raised its year-round profit forecast in an ad update (September 17) after recording a third consecutive quarter of sales growth.
september 16
Covid-19: U. S. manufacturers talk about trade, economy and consumers
U. S. grocery suppliers in the U. S. But it’s not the first time They may have benefited greatly from Covid’s drive, but with the effect of the virus on fitness and the economy still being felt, we asked 4 what they think of trade. This room is also loose to read.
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China bans imports from OK Foods factory in the US. But it’s not the first time
China has banned imports from a meat factory in the United States owned by OK Foods.
This is when U. S. companies will be affected by such a ban as a result of China avoiding the spread of the Covid-19 virus. Imports from a Tyson Foods plant in Springdale, Arkansas, were blocked in June.
The Reuters agency, bringing out US poultry.
OK Foods is owned by Industrias Bachoco de México.
In a distributed appointment, THE President of the United States.
OK Foods did not respond to requests for comment, US media reported.
September 15
Covid-19: U. S. manufacturers talk about trade, economy and consumers
U. S. grocery suppliers would have possibly been boosted in large part through Covid-19, but with the virus still causing uncertainty and economic considerations, we asked a brand organization what they think of the industry and customers for their business.
September 14
JBS Faces US Fine Over Covid Fitness and Protection Failure Allegations
Brazilian JBS meat is expected to be fined US$15,615 in the US. But it’s not the first time For fitness and protection violations similar to Covid-19 at his plant in Greeley, Colorado.
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New report highlights tensions over UK and Covid-19 pubs
A report in the UK says almost a quarter of pubs remained closed at the end of August due to the pandemic, the worst-case scenario for restaurants, with the entry into force of new social estating measures (14 September).
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Nomad Foods sees Covid outbreak in British factory
Nomad Foods has noticed an outbreak of Covid-19 among workers at one of its British plants.
The cases were shown in a factory through her Yorkshire roast potato and pudding business, Aunt Bessie’s in Hull, England, has been widely reported.
These reports imply that the number of staff affected has been disclosed, but Aunt Bessie showed that a “small number” of her staff had been isolated after receiving the results.
Hull Live suggests that a first worker tell bosses they weren’t feeling well last Thursday (September 10), a day before a user started showing symptoms.
The plant employs about 250 more people and produces 900 million Yorkshire puddings a year.
In a message sent to just food, Nomad said, “Currently, our Aunt Bessie’s plant has a small number of coronavirus cases, but PHE [Public Health England] has continually congratulated us on our social estating measures and proactive technique to make sure our colleagues are safe. “
He added: “If a factory employee contracts the virus, we would leave blank the domain where the user works, verify that social esttachment has been implemented, and apply our own tracking and traceability procedure to identify colleagues who also want to be isolated. All employees who are ingested by symptoms or have contracted the virus will continue to receive their full salary. “
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Covid-19 – How big food companies adapt to work from home
As offices closed around the world, painters went to paint from home, with more flexible schedules. On our research pages, Lucy Britner explores demanding situations and opportunities for giant packaged food corporations as the behavior of new paints seems to continue.
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South African poultry processor Astral Foods problems benefit Covid caution
South African poultry processor Astral Foods has issued a benefit warning due to prices related to Covid-19 and falling bird prices.
September 11th
Smithfield Foods cited in the US But it’s not the first time For “not protecting employees” from coronavirus
Smithfield Foods, the U. S. meat company owned through China’s WH Group, faces a fine from the U. S. Health and Safety Authority. But it’s not the first time After the processor “failed with employees” by the coronavirus.
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JBS a lot of staff from the Queensland plant in Australia
The Australian department of JBS, brazil-based meat conditioner, is firing six hundred employees at a Queensland plant due to coronavirus market conditions.
September 10
Mondelez to increase advertising spending to help retain consumers covid won
Mondelez International, owner of Cadbury and Oreo, is investing more money in advertising right now in 2020 to keep new consumers attracted to their brands in a year molded through Covid-19.
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2 sisters on hiring at a poultry factory in the UK
2 Sisters Food Group, the UK-based poultry company, aims to hire a hundred more workers at a UK processing plant.
September 9
General Mills highlights Covid-related earnings
U. S. Food General Mills highlighted the progress it has made in recent weeks.
In an update on old El Paso owner’s recent business functionality before his participation in the Barclays Global Consumer Staples Conference 2020 today (September 9), the company said it “continues to compete well and win in the existing environment, adding for a year. -date of percentage market gains in the United States on retail and away channels. “General Mills’ current fiscal year began on June 1.
He added: “The combination of top-house food demand and General Mills’ leading supply chain, sales and marketing has led to a significant increase in family penetration of the company’s brands, adding Cheerios, Pillsbury, Old El Paso, Progresso, Yoplait, Betty Crocker and many others.
“Over the more than six months, General Mills logos have gained more home penetration than the company’s top logo competitor in 8 of the company’s ten most sensitive U. S. categories.
General Mills said it continues to hope that the most affecting its fiscal functionality by 2021 will be the relative balance between consumer demand at home and away.
He said that retail stock levels, which fell dramatically in the early stages of the pandemic, experienced a modest recovery in the first quarter of fiscal 2021 and that it expects retail stock levels to be particularly normalized until the end of fiscal 2021 and require balance. platforms throughout its product.
Outside the United States, General Mills said it has been “gaining market percentage since the beginning of the year in its largest foreign markets, adding Canada, France, the United Kingdom, China and Brazil. “
September 8th
Foster Farms re-opens poultry plant in California
Foster Farms reopened a poultry plant in California after its transient closure in early September due to a large number of coronavirus cases and a number of deaths.
The city of Livingston, Merced County, reopened today (September 8) after approval from the local fitness service and closed on September 1 when Foster Farms reported that 358 employees were inflamed with the virus, while 8 had died.
It was an American Labor Day holiday.
Foster Farms said in a statement: “Until Labor Day, Foster Farms has conducted more than 4,800 Covid-19 controls on the Livingston community workforce. Recent control effects imply a prevalence of Covid-19 positive below 1%. Positives were asked to self-insulate and will get all the right licensing benefits in case of ill health. “
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The fall of Bakkavor in the first half of 65%
Bakkavor, a leading player in the UK label market that has been affected by coronavirus at several of its plants, saw its profits fall by more than 60% in the first part of the year.
Pre-tax profit fell 65% to GBP 6. 8 million (US$8. 9 million) in the six months leading up to June 27, on revenue of GBP 880. 5 million, a 4. 6% decline, the company announced this morning.
On a comparable basis, revenue fell by 5. 2% to 852. 4 million pounds, while the same size in the UK market fell by 4. 5% to 754 million pounds. Adjusted operating profits decreased by 32. 3% compared to the previous year to 28. 7 million pounds.
Bakkavor said: “It is encouraging that the steady recovery in the industry noticed in all companies in June has continued at this time of year.
“The macroeconomic uncertainty caused by Covid-19, combined with limited clarity about the situations and implications of the UK’s exit from the EU, means that we will have to be cautious as we look to the rest of this year and by 2021. However, our functionality in the first part of the year has demonstrated our ability to deal with demanding primary operational situations and gives us confidence in the quality of our business style and the strength of our visitor partnerships. “
September 4
Seafood Mowi blames Covid-19 for closing the French plant
Norwegian seafood company Mowi partly blames Covid-19 for resolving to close a French plant.
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UK food industry’s lowest point of trust survey
Confidence among UK food brands is at a record according to a new industry survey.
The agency, the Food and Beverage Federation (FDF) and Banco Santander, surveyed food and beverage brands and found that confidence had reached an all-time low of -65. 2% at the time of the quarter with considerations similar to Covid-19.
The report analyses the effects of Covid-19 on a sector that has faced demanding situations ranging from the hospitality and catering sectors to emerging prices and declining exports.
The FDF has known seven recovery steps aimed at reviving all sectors of the industry, as a component of its paintings through the Food and Beverage Sector Council. These come with protecting the “integrity” and competitive position of the UK chain of origin and accelerating construction plans. until UK exports.
FDF executive leader Ian Wright said: “As the dust begins to settle down, we can now see how the pandemic seriously damages food and beverage sales by 2020. British. “
He added: “As companies look towards economic recovery, to ensure that an immediate return to expansion will be to maintain the resilience of our industry. “
September 3rd
Campbell expects the so-called “high” to continue
The U. S. leader in soups, sauces, and sandwiches, one of the corporations that has benefited from the way Covid-19 has remodeled customers’ food applications, has given the market a concept of what it will look like in the next two months.
Along with the publication of its annual monetary effects (net sales increased by 7%, EBIT increased by 13%), Campbell provided a sales forecast for his first quarter, which began on August 3.
The owner of Prego sauces, Cape Cod sandwiches and Campbell’s soup expects net first quarter sales to increase by five to 7%, contributing to an estimated 6-9% increase in “adjusted” EBIT and 13-18% “of profits consistent with sharing. “
“The company expects its products to continue to be the best in the short term,” Campbell said.
In the fourth quarter of Campbell’s fiscal year, the group’s sales rose 18% to $2. 11 billion.
From a biological point of view, which excluded the effect of an additional week in the quarter and the effect of Campbell’s sale of its European chip business, net sales increased by 12%, and the company said the result reflected “a continued increase in demand in terms of: national food intake has remained high. “
September 2
Cancellation of the label lounge
The U. S. industry agency, the Association of Private Trademark Manufacturers (PLMA), cancelled an industry display scheduled to take a position in Amsterdam in December.
The World of Private Label, scheduled for 2 and December in the Dutch capital, had already been postponed due to the Covid-19.
PLMA said it will “soon” announce a new online industry screen and an opportunity for B2B video networks “to offer an alternative” to the abandoned screen.
Peggy Davies, president of PLMA, said: “We sense the sadness our members and others would possibly feel at the news that the ongoing coronavirus pandemic has once disrupted our plans to conduct a foreign display on the user in Amsterdam. committed to moving forward with a virtual occasion that will provide the global use label industry with valuable sales and marketing responses when they are most needed. “
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Premier Foods in the UK sees Covid outbreak in a cake factory
Premier Foods, in the UNITED Kingdom, witnessed an outbreak of Covid-19 among its workers at a pastry factory in Kipling in the English Midlands.
In a message sent to just food, the company showed the news but did not say how much if its workers at the Stoke-on-Trent plant had contracted the virus.
He said: “Over the next week, we noticed that a very small number of colleagues tested positive for Covid-19 at our Stoke plant, reflecting an accumulation in cases in the wider Stoke-on-Trent/Newcastle Under Lyme area. As a result, we have implemented new on-site coverage measures, in addition to our already strict hygiene and defence procedures.
“We have been in contact with our local fitness ion team and we are confident that we have taken all the mandatory measures for our teams. We are following the scenario to a great extent and will continue to report to the local government. “
Affected workers are now isolated and, as a precautionary measure, all colleagues who have come into contact with those who tested positive have also been sent home to self-isolate.
Premier believes the transmission occurred in the local community, than in the factory.
September 1
“We are in favor of a long and slow walk out of Covid” – British Food Groups and your newest mind about Covid-19
Covid-19 still presents demanding situations for the and just-food has been talking to several packaged food brands operating in the UK for their most recent trade reviews.
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Analysis: The questions you want to ask yourself when cutting SKUs
Covid-19 has encouraged brands and their retail consumers to intensify product line reviews and SKU numbers. With the virus still in circulation and with a potential economic crisis on the horizon, audits will continue to be needed. Simon Creasey evaluates the questions executives ask themselves as brands seek to adapt their product lines to the volatile business environment.
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Foster Farms to California facility after Covid’s death
The U. S. poultry processor has been the only one in the world. But it’s not the first time Foster Farms will temporarily close a bird plant in California after a coronavirus outbreak inflamed 358 and killed eight.
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Reopening the Coupar Angus of the 2 Sisters
2 Sisters Food Group reopened its Coupar Angus poultry processing facility in South Lanarkshire, Scotland, which temporarily closed in August after several workers tested positive for coronavirus.
The site, which stopped production on August 17 amid larger network groups in Perth and Kinross, reopened (August 31).
“Working hard with the incident control team, NHS Tayside and local authorities, we work hard to close the transition to complement our existing Covid-19 control measures to protect all of our colleagues,” 2 Sisters said in a statement.
“While it is vital to make sure that our on-site measurements are physically powerful and effective, it is also incredibly vital that our workers perceive their off-site obligations in the local community, which, according to our initial analysis, played a vital role in the transmission of the virus. “
The company said all workers would get education and “good practice guides on issues ranging from transportation arrangements, community management, to Covid’s protection in a shared home. “
He added: “As one of the largest employers in the region, we are more than aware of our duty within the network to act carefully for the health, protection and well-being of all. “
Sectors: Allergen-free, Baby Food, Bakery, Cannabis, Preserves, Cereals, Refrigerated, Seasonings, Dressings, Sauces and Untables, Confectionery, Dairy Products, Dairy-Free, Dry Products, Fresh Products, Frozen, Ice Cream, Free Meat, Meat, Birds and Eggs, Organic, Private Label, Seafood and Seafood Alternatives, Snacks, Sports Nutrition, Vegetarian and Vegan
Topics: Disruptive Technology, E-Commerce
Companies: 2 Sisters Food Group, Astral Foods, Bakkavur, Food and Drink Federation, Foster Farms, General Mills, Greenyard, Industrias Bachoco, JBS, Mondelez International, Mowi, Nomad Foods, Premier Foods plc, Smithfield Foods, Tyson Foods, WH Group , Yoplait
Covid-19 Food Industry Updates – Friday, September 18 (free reading)
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Meat in South Africa
The meat industry profile in South Africa provides world-class qualitative and quantitative abstract information, adding market share, market length (value and volume 2014-2018 and forecasts through 2023).
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