Summary: Beyond Meat is facing challenges as it struggles with declining sales, leading to delays in bill payments. Data from Creditsafe shows that Beyond Meat’s days beyond terms (DBT) have more than doubled in the past year, reaching 19 days…
Meat
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Dive Brief: V2food, a leading plant-based meat company in Australia, has acquired Daring Foods, a vegan chicken producer, to expand into the U.S. market. The acquisition, along with a partnership with Ajinomoto Co., a Japanese ingredients company, will help v2food…
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Key Takeaways: Beyond Meat is planning to reduce its North American workforce by approximately 6%, which amounts to about 44 employees, as the company faces challenges in the plant-based food market. The California-based company anticipates incurring a one-time charge of…
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Key Points: Conagra Brands, based in Chicago, is expecting a significant increase in cost of goods sold (COGs) inflation for fiscal 2026, with a combination of 4% core inflation and a 3% rise due to tariffs, totaling around 7% according…
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Key Points: T. Hasegawa USA has introduced Plantreact, a new flavoring technology designed to mimic the taste of meat in plant-based protein products. Plantreact uses fermentation and advanced techniques to replicate the flavors of chicken, beef, pork, and dairy. With…
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Welcome to the World of Meat Snacks with MrBeast and Jack Link’s Exciting news for meat snack lovers as YouTube sensation MrBeast teams up with Jack Link’s to bring a new line of beef jerky and meat sticks to shelves…
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Key Points: Beyond Meat secures $100 million in funding from a plant-based nonprofit to address financial challenges. Unprocessed Foods provides debt financing in exchange for the option to purchase up to 12.5% of Beyond’s shares. Beyond Meat reports declining sales,…
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Dive Brief: JBS has received approval from the U.S. Securities and Exchange Commission to list its shares on the New York Stock Exchange, despite objections from environmental and congressional lawmakers. The SEC granted the world’s largest meat company a declaration…
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Breaking News: The world’s largest meat company, JBS, is making a bold move into the egg industry with a strategic merger in South America. JBS announced on Monday its acquisition of a 50% stake in Mantiqueira Brasil, a major egg…
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USDA to Increase Inspections at Meat Plants Following Listeria Outbreaks The U.S. Department of Agriculture announced on Tuesday that it will be enhancing inspections at meat plants in response to a series of listeria outbreaks earlier this year. These outbreaks…