meat

Beyond Meat Inc. (NASDAQ:BYND) missed analyst expectations in the first quarter of the ongoing fiscal year and withdrew its full-year revenue guidance, citing the ongoing economic uncertainties. However, the CEO forecasted a “relatively minimal” tariff impact on the firm. What Happened...

Production agriculture contributes 5% to the overall U.S economy. The combined values of agriculture, food and related industries contributed $1.05 trillion to the U.S. gross domestic product (GDP) in 2020. This type of agriculture is where large quantities of crops and livestock are produced...

For most of 2020, the pandemic-shaped year, COVID-19 wreaked havoc on the food and restaurant industry. Analysts hoped rising consumer demand for alternative foods would offset the strangled foodservice channel but industry players had a difficult time to adapt to a new era and Beyond Meat (NASDAQ...

It's being reported that Russian hackers are behind the cyber attack against JBS, the world's largest meatpacker. The company has said it's making significant progress in resolving the issues, but some analysts believe the disruption of operations could lead to higher meat prices. If...

True Aussie Beef & Lamb, an organization dedicated to promoting Australian beef and lamb products to restaurants and consumers, wants to host the world's largest virtual dinner party Tuesday. What Happened: True Aussie Beef & Lamb wants to break the Guinness World Record for the largest...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) announced Monday the launch of a new retail product line called Beyond Meatballs. What Happened: Beyond Meat's new product consists of pre-seasoned plant-based meatballs with a signature blend of Italian spices that are ready to cook...

The surge in thepopularity of plant-based food has prompted grocery stores to question where the product should be placed in stores. Some put plant-based food in its own section, but grocery chain Kroger Co (NYSE: KR) is convinced it belongs right next to fresh meat. What Happened: Kroger partnered...

Tyson Foods, Inc. (NYSE: TSN) CFO Stewart Glendinning said one week ago on CNBC there is "no need to panic" over the beef supply chain amid multiple processing plant closures due to the coronavirus pandemic. Since then, the company's public comments have painted a more concerning...

Smithfield CEO Kenneth Sullivan said his business and other meat producers are performing a vital service, as meat is "essential to life," The Wall Street Journal reported. Smithfield CEO Says Plants Should Operate  Smithfield was forced to close several of its plants across the U.S...

Chipotle Mexican Grill, Inc. (NYSE: CMG) is putting on hold its new menu offers, including a brisket meal. BBQ chain Dickey's isn't holding back on a brisket meal, which earns it my top new food item to try. New food items in the grocery store and restaurant items available for delivery...

The U.S. meat industry is applauding a new trade deal with Japan as American farmers and ranchers have better access to the Asian country. What Happened With The US-Japan Trade Agreement U.S. President Donald Trump signed the U.S.-Japan Trade Agreement in October and his Japanese counterpart, Prime...

Plant-based foodmaker Beyond Meat Inc (NASDAQ: BYND) boasts an impressive product backed up by its ability to execute and win market share. However, the total addressable market may not be as large as many assume it to be. The Analyst D.A. Davidson analyst Brian Holland initiated coverage of...

Beyond Meat Inc (NASDAQ: BYND) CEO Ethan Brown said during a recent conference call the company has sufficient capacity to supply customers, but the popular rise of the plant-based meat has led to a shortage for one restaurant chain. What Happened Brown was quoted by CNBC as saying during the...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) received its second analyst downgrade in as many days on Wednesday. The Analyst Bernstein's Alexia Howard downgraded Beyond Meat from Outperform to Market Perform with a price target lifted from $107 to $123. The Thesis Beyond Meat could...

Beyond Meat Inc (NASDAQ: BYND) deserves credit for developing a meat alternative product that could perform well within the growing addressable market. The stock's 200 percent gains since its May 2 IPO implies there's "no cattle" to the investment story at current levels,...