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Feb 23 - ANALYSIS: Shrimp Exports Disrupted in Argentina Due to Nationwide Strike


Feb 22 - ANALYSIS: Frozen Salmon Fillet Volume Retreats in 2023


Feb 21 - The Retail Rundown: Finalizing February’s Features


Feb 14 - The Retail Rundown: Surf and Turf Promotions for Valentine's Day


Feb 13 - ANALYSIS: Navigating the Shifting Imported Crawfish Market Amidst Domestic Supply Changes


Feb 12 - ANALYSIS: Frozen Tilapia Fillets Report Lowest Import Year Since 2006


Feb 9 - Valentine’s Day 2024: Salmon An Attractive Option, But Lobster Shows You Really Care


Feb 9 - ANALYSIS: Lobster Market Prices are Advancing Quick and Sharp


Feb 8 - ANALYSIS: Shrimp Imports End the Year with Monthly Gain, But Still Lower on Year


Feb 7 - The Retail Rundown: Super Sunday Promotions


Feb 5 - ANALYSIS: Dungeness Clusters 23 Percent Higher Than Same Time Last Year


Jan 31 - The Retail Rundown: Touching Down on Super Bowl Spending


Jan 24 - The Retail Rundown: Packing on the Protein


Jan 8 - ANALYSIS: Farmed Salmon Market Off to a Firm Start in 2024


Jan 3 - The Retail Rundown: Consumer Sentiment Rises at Year's End


Dec 22 - ANALYSIS: Tilapia Market Rallies Ahead of the New Year


Dec 20 - ANALYSIS: Lobster Market Sees Supply Constraints, Rising Replacement, and Moderate Demand


Dec 20 - The Retail Rundown: Ham Features Increase for the Holidays


Dec 18 - ANALYSIS: Slowed Demand from Trade Partners Leads to Lower Priced Ecuadorian Shrimp


Dec 18 - ANALYSIS: Florida Stone Crab Season's Weather Challenges, Price Fluctuations, and Holiday Demand


Dec 13 - The Retail Rundown: Thanksgiving Turkey Retail Prices Reported Higher Despite Wholesale Drop


Dec 7 - ANALYSIS: October U.S. Shrimp Imports Reach High Single-Digit Growth Again


Dec 6 - The Retail Rundown: Season’s Gr-eatings


Nov 21 - ANALYSIS: Imports and Price Retreat on Squid Market


Nov 15 - The Retail Rundown: 2023 Thanksgiving Outlook


Nov 13 - ANALYSIS: Crab Meat Market Round-up


Nov 8 - The Retail Rundown: Tuning in to Holiday Turkey Features


Oct 30 - ANALYSIS: Ecuadorian Shrimp Exports Keep Progressing, But At What Price?


Oct 25 - The Retail Rundown: Roast Features Heat Up as Temperatures Dip


Oct 24 - ANALYSIS: A Recent Uptick of Argentina Red Shrimp Exports to the EU


Oct 23 - ANALYSIS: Robust Chum Landings out of Alaska in 2023 Result in Lower Prices


Oct 18 - ANALYSIS: The Live Lobster Market Following Historical Behaviors: A Maine Update


Oct 18 - The Retail Rundown: Keeping a Watchful Eye on Bird Flu


Oct 16 - ANALYSIS: Taking the Temperature of Farmed Salmon Halfway Through October


Oct 4 - The Retail Rundown: A-Maizing Protein Opportunities this October


Sep 27 - The Retail Rundown: Pork and Seafood Share the Spotlight Next Month


Sep 22 - ANALYSIS: Wild Salmon Week in Review September 10-16


Sep 20 - The Retail Rundown: Fall-ing into Seasonal Trends


Sep 13 - The Retail Rundown: Checking on Chicken; Latest Inflation Reading


Sep 13 - ANALYSIS: Frozen Mahi – The 2023-2024 Season Outlook


Sep 13 - ANALYSIS: Assessing Some Shifts in EU Shrimp Demand


Sep 11 - ANALYSIS: Fresh Salmon Fillet Imports Up Almost 11 Percent YTD


Sep 7 - ANALYSIS: U.S. Shrimp Imports Show First Gain in a Year


Sep 6 - The Retail Rundown: Seasonal Shifts in September


Sep 5 - ANALYSIS: Haddock Imports Down, Pricing Remains at 52-week Low


Sep 1 - ANALYSIS: EU Shrimp Imports from Argentina Down 21% YOY in July


Aug 30 - The Retail Rundown: 2023 Labor Day Feature Rundown


Aug 28 - ANALYSIS: A Few Things to Watch In The Crab Meat Market


Aug 25 - ANALYSIS: Wild Salmon Week in Review August 13-19


Aug 23 - The Retail Rundown: Looking Towards Labor Day


Aug 21 - ANALYSIS: Larger Snow Crab Volumes Light; Retail Remains Active


Aug 18 - ANALYSIS: Uncertainties Within The Scallop Market


Aug 16 - The Retail Rundown: Egg-celerated Features Boost Spending


Aug 11 - ANALYSIS: Tilapia Imports, Prices Retreat


Aug 10 - ANALYSIS: Fresh Salmon Imports Up Almost 10 Percent Year-To-Date


Aug 9 - ANALYSIS: U.S. Shrimp Imports in June Mark 12-Month Decline


Aug 9 - The Retail Rundown: Most Protein Indices Are Below Last Year


Aug 2 - The Retail Rundown: The August Outlook


Jul 31 - ANALYSIS: Fresh and Frozen Tilapia Pricing Gap Widens


Jul 28 - ANALYSIS: Wild Salmon Week in Review July 16-22


Jul 26 - The Retail Rundown: Seafood Features Swim to the Top


Jul 19 - The Retail Rundown: Battle of the Burgers


Jul 18 - ANALYSIS: Farmed Chilean Salmon Market Sees Bump Off Bottom


Jul 14 - ANALYSIS: Wild Salmon Week in Review For July 2-8


Jul 13 - ANALYSIS: Shrimp Less Volatile Than Other Proteins


Jul 12 - The Retail Rundown: How Did This Year's July 4th Protein Sales Perform?


Jul 10 - ANALYSIS: Crab Meat Imports Rise Above 3-Year Average for First Time in 10 Months


Jul 7 - ANALYSIS: 11 Straight Months of U.S. Shrimp Import Declines in May Data


Jul 6 - The Retail Rundown: Navigating the Summer Doldrums


Jun 30 - ANALYSIS: Catfish, Pangasius, and Tilapia Markets Soften into Summer


Jun 28 - The Retail Rundown: Which Proteins Dominate Holiday Features?


Jun 22 - ANALYSIS: The Shadow of a Slowdown in Ecuadorian Vannamei Export Value


Jun 15 - ANALYSIS: Blue Swimming Crab Meat Market Continues Ascent


Jun 14 - The Retail Rundown: Higher Priced Steaks This Father's Day


Jun 12 - ANALYSIS: Canadian Snow Crab Market Full Steady; Retail Fluctuates


Jun 12 - ANALYSIS: Despite U.S. Shrimp Import Declines, Market Historically Oversupplied


Jun 8 - ANALYSIS: April U.S. Shrimp Imports Fall Double Digits for 10th Straight Month


Jun 8 - ANALYSIS: Scallop Market Experiencing Robust Fishing Efforts and Conflicting Pressures


Jun 7 - ANALYSIS: Canadian Lobster Shore Price Remains at CA$8.00; Selling Prices, Margins Continue to Erode


Jun 7 - The Retail Rundown: Competitive Pork Features This Summer


Jun 6 - ANALYSIS: The EU and the UK Warm-Water Shrimp Imports Drop


Jun 5 - ANALYSIS: Farmed Salmon Feeling the Summer Slowdown


Jun 2 - ANALYSIS: Wild Salmon Week in Review May 28-June 3


May 31 - The Retail Rundown: Jumping on June's Next Retail Occasion


May 26 - ANALYSIS: Snow Crab at Retail Heats Up


May 24 - The Retail Rundown: Grilling Ads Galore


May 17 - The Retail Rundown: Memorial Day Outlook; Assessing Proposition 12


May 16 - ANALYSIS: Frozen Sockeye Prices Continue to Retreat Ahead of the New Season


May 11 - ANALYSIS: Live Lobster Prices Slide as Supply from Canadian Spring Season Enters Market


May 10 - The Retail Rundown: Grocers Aim to Capture Mother’s Day Spending


May 9 - ANALYSIS: Pangasius Imports Down 50 Percent YTD


May 8 - ANALYSIS: King Salmon Closures Could Have a Major Impact on 2023 Pricing


May 3 - The Retail Rundown: Several Occasions to Boost Spending This Month


Apr 26 - The Retail Rundown: Inching Towards May


Apr 12 - The Retail Rundown: Filling in the Gaps; CPI Update


Apr 6 - ANALYSIS: Declines in U.S. Shrimp Imports Continue in February


Apr 6 - ANALYSIS: Snow Crab Continues to Weaken Ahead of Open


Apr 5 - The Retail Rundown: Grocers Egg on Easter Sales


Mar 29 - The Retail Rundown: Holiday Ham Breakdown


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ANALYSIS: Shrimp Exports Disrupted in Argentina Due to Nationwide Strike

The nationwide strikes in Argentina are impacting the largest wild capture shrimp fishery in the southern hemisphere and one of the most valuable industries in the country — red shrimp, or Pleoticus Muelleri. Reports from the area say the strike runs throughout the value chain. Plants are shut down, and importers in the U.S. and Europe lucky enough to get orders in prior to this can't get product out of the country as it sits in ports. As ports are blocked...

Full Story »

ANALYSIS: Frozen Salmon Fillet Volume Retreats in 2023

Volumes of farmed Atlantic frozen salmon have retreated for the first time in recent memory on a year-over-year basis. 2023 ended 3.0 percent lower than 2022, stopping a 6-year record for increasing YTD levels.

Another note is the loss of market share for Chile, the category leader. Chile is down to a 60 percent market share in 2023 as compared to a 67 percent market share in 2022. Market share gains are being led by Norway and Poland...

Full Story »

The Retail Rundown: Surf and Turf Promotions for Valentine's Day

It's Cupid's Day and love is in the air for the foodservice sector as consumers celebrate with an evening out and a special meal.

Following the Super Bowl craze, the balance of this month is generally lackluster for retail. However, increased demand for premium cuts of meat and seafood helps to lift overall protein sales, especially for restaurants and fine dining establishments.

Various restaurant chains were showcasing Valentine's Day promotions last weekend and continue to offer special deals for the upcoming weekend including prix fixe menus for two.

Consumers planning...

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ANALYSIS: Frozen Tilapia Fillets Report Lowest Import Year Since 2006

Tilapia frozen fillet imports into the United States ended the year on a low. Total volume for 2023 was recorded at 203.1 million pounds, a 13.2 percent fall from last year, marking the third consecutive year of retreats.

China, the leading supplier of tilapia frozen fillets into the U.S., recorded 181.1 million pounds in 2023, compared to 204 million pounds in 2022, noting an 11.2 percent fall from the previous year.

Currently, production efforts within China have stopped as processing...

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ANALYSIS: Lobster Market Prices are Advancing Quick and Sharp

Whether we’re looking at live, tails, or meat, lobster market prices have moved quickly to the upside on the realization the supply picture would not be improving. Landings in both Canada and the U.S. have fallen below expectations, trade patterns have been altered significantly, and there’s little to no prospect of meaningful replacement for several more months.

The primary driving force in the live market has been the resurgence of Chinese buyers. Chinese demand, whether for the mid-autumn festival or Chinese New Year, has remained strong and...

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The Retail Rundown: Super Sunday Promotions 

The Super Bowl ranks as the second biggest eating occasion of the year, behind Thanksgiving. To prepare for this weekend's celebrations, circulars are brimming with promotions on items like finger foods, party trays, and beverages ahead of the showdown between Kansas City and San Francisco. 

The National Chicken Council (NCC) projects chicken wing consumption for Super Bowl LVIII at 1.45 billion wings, unchanged from last year's record level. Americans are more likely to prefer eating bone-in wings (53%) than boneless wings, based on the NCC’s survey findings.

Urner Barry's jumbo wing values...

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The Retail Rundown: Touching Down on Super Bowl Spending

The retail sector is touching down on the first major retail food-buying occasion of the year—the Super Bowl. The game between the Kansas City Chiefs and San Francisco 49ers will take place on Sunday, February 11th and grocers have plenty to celebrate ahead of what could be a record-smashing milestone for sales.

A record 200.5 million viewers are expected to tune in to Super Sunday, according to the National Retail Federation (NRF). Collective spending on food, drinks, apparel, decorations, and other purchases could hit $17.3 billion, also...

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ANALYSIS: Farmed Salmon Market Off to a Firm Start in 2024

Similar to what the farmed salmon market observed in the last two years, January is shaping up to be a firm month for the complex. With only five days under our belt into the new year, the Chilean fillet market has jumped 5.2 percent from the end of 2023 with market quotations moving higher both Tuesday and Thursday in the first week in January. The overall farmed salmon index has moved 6 percent higher from the end of last year but is 5 percent under the same...

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ANALYSIS: Tilapia Market Rallies Ahead of the New Year

The tilapia market continues to experience upwards pricing pressure the week before the Christmas holiday, inching towards the year’s end and ahead of Chinese New Year in the first quarter of 2024.

A few months ago, imported frozen tilapia fillets from China saw price discounts as inflation affected consumer spending in the U.S., resulting in lower demand and higher inventory levels. During this time, the industry saw reduced procurement activity from China, putting more inventory into the global market. However, the market situation has recently changed...

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The Retail Rundown: Ham Features Increase for the Holidays

The countdown to Christmas is rapidly winding down and shoppers are busy stocking up on last-minute gifts and food for visiting family and holiday gatherings.

For the second week in a row, pork features claim the top spot among protein ads this week with 28.4%. Seafood follows with 25.7% of total protein ad volume, while beef comes in third at 20.5%. Chicken retail buying opportunities declined to 8%, compared to 13.8% the previous week. Turkey features advanced to 9.7%, up about four points from last week...

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ANALYSIS: Florida Stone Crab Season's Weather Challenges, Price Fluctuations, and Holiday Demand

The season this year on Floridian stone crab claws is off to a challenging start due to adverse weather conditions and lower-than-usual landings, which are reported to be average at best. Persistent strong winds have hindered fishing efforts, contributing to a rise in prices by 12% since the beginning of November. Despite the limited landings, the current pricing for jumbo claws stands at $46.00 per pound, representing a 2% decrease compared to 2022 when prices...

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ANALYSIS: October U.S. Shrimp Imports Reach High Single-Digit Growth Again

In data released today, U.S. shrimp imports in October followed last month’s trend with high single-digit growth rates. At 167.961 million pounds, this was 9.8 percent above last year. This was the fourth straight month of gains after the long period of year-over-year declines. This year-to-date figure of 1.433 billion pounds compressed to 8.8 percent below last year through October.

It marked the first time that all top five trade partners were net gainers together since...

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ANALYSIS: Imports and Price Retreat on Squid Market

Year-to-date squid imports into the United States from January through September 2023 were recorded at 90.4 million pounds, registering the lowest YTD levels since the onset of the pandemic. 2020 aside, the 2023 YTD levels are the lowest since 2004 recorded just over 82 million pounds of product for the same timeframe.

Breaking down import volume by country, the only increase across the top squid suppliers into the U.S. is Taiwan, where a 40.4% year-over-year increase was recorded...

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ANALYSIS: Crab Meat Market Round-up

Pricing in the blue swimming crab meat market in the U.S. has been very steady the last several months. Market participants report inventories are generally in balance with the largest grades, colossal and jumbo lump seeing more barely adequate inventories. Currently, pricing on blue swimming jumbo lump is 27.5 percent higher than last year but is also 27 percent lower than pricing at the same time in 2021.

Overall imports have been lower in total compared to last year, with September imports out, the volume of crab meat is...

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Ecuadorian Shrimp Exports Keep Progressing, But At What Price?

The shrimp export figures for the month of September have just been released by CNA this week, and, as we observed as well in the August report, volumes are up year-on-year. However, revenues are declining. Last month, total Ecuadorian exports of farmed white shrimp progressed by 13% worldwide, at 107,343 metric tons, while they dropped by 9% in value, at 547.9 million USD.

This illustrates the situation of the global shrimp market this year, which suffers from a weak undertone and...

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ANALYSIS: A Recent Uptick of Argentina Red Shrimp Exports to the EU

In a difficult context for the global seafood market, the main species of warm water shrimp - which include vannamei, black tiger and Argentine red shrimp, have all suffered significantly from a drop in demand this year. With consumers in the US and in Europe purchasing less seafood than last year, and China also reducing imports, market prices touched record-low values, with some categories still reported today at bottom levels.

One species which tends to behave slightly differently...

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The Retail Rundown: Finalizing February’s Features

Retailers are finalizing their February features while actively preparing for spring demand, which is bolstered by seasonal factors like warmer weather along with holidays including St. Patrick’s Day and Easter.

Retail features are shifting from red meat and poultry towards seafood as Lenten observers begin the 40 days of fasting and reduced meat consumption. 

The seafood complex continues to hold the top spot within total protein features, accounting for 37% this week. Beef follows with 21% of retail buying opportunities, while pork closes in at 19%. Chicken claims almost 16% of ad space, nearly...

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ANALYSIS: Navigating the Shifting Imported Crawfish Market Amidst Domestic Supply Changes

In 2023, the predominant theme in the imported crawfish category was the prevalence of affordable domestic products exerting downward pressure on the imported market. The surge in domestic supply and reduced prices likely contributed to a decline in import volume to the United States. Notably, Chinese whole crawfish imports, representing the largest share, experienced a 29.6% decrease. Meanwhile, tail meat imports dropped by 3.6%.

Chinese tail meat is presently priced at an average of $7.15 per pound for...

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Valentine’s Day 2024: Salmon An Attractive Option, But Lobster Shows You Really Care

Flowers, chocolates, a bottle of champagne and a delicious seafood dinner. What more could someone want on Valentines’ Day?

According to the National Retail Federation (NRF), total expected spending on gifts for significant others is expected to reach a record high of $14.2 billion this year. And while jewelry is the gift category with the highest total spending (an anticipated $6.4 billion in 2024), an evening out is close behind in second at $4.9 billion. 

Restaurant chains are already gearing up for...

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ANALYSIS: Shrimp Imports End the Year with Monthly Gain, But Still Lower on Year

In data released Wednesday, U.S. shrimp imports in December gained a more muted 5.8 percent from last year. Shrimp imports into the U.S. totaled 143.672 million pounds compared to 135.853 million pounds last year. The year ended 6.2 percent below last year at 1.732 billion pounds. This was the second consecutive annual decline after nine straight years of gains. 

The gains in Ecuador (+15.3%), Indonesia (+9.9%), and Vietnam (+26.5%) were able to outweigh losses from the top trade partner India (-0.2%)...

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ANALYSIS: Dungeness Clusters 23 Percent Higher Than Same Time Last Year

The market for Dungeness ocean-run clusters has been moving higher over the past 5-weeks and higher offers are also noted to kick off February. Supplies have been tight ahead of the new season and with delays to fisheries, inventories are reported to be thin. Clusters have moved up 14 percent since the beginning of 2024. In addition, as compared to last year at the same time, the market is also 23 percent higher.

However, in comparison to the 5-year average...

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The Retail Rundown: Packing on the Protein

The retail space is packing on the protein as grocers promote healthy eating campaigns and hearty options like roasts during the wintry woes endured by much of the country in recent weeks.

For the second week in a row, seafood features take the top spot with 30.7% of retail buying opportunities. Pork climbed to second place with 23.7% of ad space, followed by beef with 20.4%. Chicken feature volume stands at 19% this week, up two points from the week prior. Turkey saw a slight decrease to 3.7% while eggs held...

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The Retail Rundown: Consumer Sentiment Rises at Year's End

Consumer sentiment spiked at the tail end of 2023, boosted by improved viewpoints of inflation in the new year. According to the University of Michigan’s (U-M) Survey of Consumers, consumer sentiment climbed by 14% in December, reversing the declines from the previous four months.

All age, income, education, geographic, and political identification groups saw gains in sentiment in December, said U-M. The index is just shy of the midpoint between the pre-pandemic reading and the historic low hit in June 2022, added U-M.

The University of Michigan's...

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ANALYSIS: Lobster Market Sees Supply Constraints, Rising Replacement, and Moderate Demand

As we quickly approach the Christmas holiday we are faced with low catches, elevated shore prices, and strengthening market values.

Delayed openings for LFA 33-34 are not uncommon, but the unprecedented opening shore price of $10.50 CAD stands out, surpassing the hopes and expectations of many—especially when compared to last year's opening shore price of $7.50 CAD. Since the opening, the Canadian shore price has increased steadily, and there's the potential for further increases as...

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ANALYSIS: Slowed Demand from Trade Partners Leads to Lower Priced Ecuadorian Shrimp

In the latest data released by Camara Nacional De Acuacultura (CNA), October shrimp exports from Ecuador totaled 216.288 million pounds, or five percent higher than the same time last year. The year-to-date volume figure is 2.227 billion pounds, a 14 percent increase above 2022. The increased export volume came at the expense of price. The value on the month slipped nearly 15 percent from last year, and 6 percent for the first 10 months. The price chart shows the cycle of the past nearly...

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The Retail Rundown: Thanksgiving Turkey Retail Prices Reported Higher Despite Wholesale Drop

With Thanksgiving in the rearview mirror, Urner Barry is looking back at how this year’s retail Thanksgiving sales compared to recent years. 

According to Circana data, retail turkey prices on both a discounted and non-discounted basis have consistently trended higher in the past five years. Generally, distribution has also seen an uptrend in recent years. 

Distribution is a measure that reports the distribution of discounted and non-discounted items. It takes into account the number of Universal Product Codes (UPCs) selling within a given aggregate...

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The Retail Rundown: Season’s Gr-eatings

Season’s gr-eatings! The holiday season of spending is underway, giving rise to retail sales and food purchases.

This year’s holiday spending has already made history. A record 200.4 million shoppers stepped out over the five-day Thanksgiving holiday weekend, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.

Consumers shopped both online and in-store throughout the Thanksgiving weekend, with 121.4 million people visiting physical retail locations to browse and make in-store purchases—consistent with 2022. Online shoppers totaled 134.2 million, up by four million...

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The Retail Rundown: 2023 Thanksgiving Outlook

Thanksgiving is just one week out and grocers are bracing for a busy weekend ahead as shoppers secure any remaining needs for the holiday feast. Below, we have the latest outlook on what Turkey Day 2023 may bring.

The Star of the Show 

Shoppers this Thanksgiving may breathe a sigh of relief when looking at prices for the big bird. Last year, households shelled out more money for their turkeys due to factors including highly pathogenic avian influenza (HPAI) complications, low cold storage holdings, and inflation.

A lull in bird flu detections following the initial outbreak...

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The Retail Rundown: Tuning in to Holiday Turkey Features

For this week's retail rundown, we're tuning in to holiday turkey features as Thanksgiving inches closer. Grocers are making room for the big bird in their meat cases and freezers for the millions of turkeys that will be gobbled down in two weeks. 

Seafood maintains the top spot among protein ads with 23.8% of features this week. Turkey ads captured nearly 9% of protein features this week, up from 6.9% the previous week. Within the turkey complex, frozen whole turkey features account for 56.5% of features, up from 25% a week...

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The Retail Rundown: Roast Features Heat Up as Temperatures Dip

An early-season snowstorm has arrived for portions of the Northwest, bringing accumulations of up to a foot in areas including Mondana and North Dakota. The system is forecast to spread into the North Plains by midweek, according to the National Weather Service.

A cold front will bring frigid temperatures southeastward towards the week's end, with single-digit temperatures possible for some regions. In contrast, much of the central and eastern U.S. is experiencing near or above-average temperatures this week...

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