In the analysis Global Animal Protein Outlook 2023, Rabobank stated that the industry would continue to face high costs in the supply chain along with much variability in consumption habits.

Not unlike last year, Tyson Foods Inc. announced that beginning in mid-December, it will begin distributing a total of $50 million in year-end bonuses to its 90,000-plus hourly employees.

Firefighters from three area fire departments were called to help extinguish a fire on the roof of a Tyson Foods prepared foods plant in South Hutchinson, Kan., at approximately 7 p.m. on Dec. 2.

JBS USA announced an agreement to acquire certain assets from TriOak Foods, a Midwest-based pork producer and grain marketer.

Soft Robotics Inc. (SRI) recently announced its $26 million Series C of financing, which would use funds to expand commercial deployment of its mGripAI robotic picking solutions.

Following a recent cyberattack in November, Maple Leaf Foods Inc. said it would not pay a ransom demanded by the hackers who created system outages.

Hormel Foods Corp. will increase advertising spend on its turkey portfolio in fiscal 2023 after raising prices in fiscal 2022. Highly pathogenic avian influenza (HPAI) should continue to impact the turkey category negatively in the next fiscal year, but to what degree remains unknown.

US Foods Holding Corp. announced on Nov. 28 that Dave Flitman would become the company’s chief executive officer starting on Jan. 5, 2023.

Expanding its oilseeds network, Cargill has entered a definitive agreement to acquire Owensboro Grain Co. LLC, a fifth-generation, family-owned soybean processing facility and refinery located in Owensboro, Ky.

The Food Safety and Inspection Service (FSIS) of the US Department of Agriculture (USDA) issued a public health alert that fully cooked summer sausage produced by Trimble, Mo.-based Paradise Locker Meats, might be contaminated with extraneous materials, specifically plastic.