Identifying the Forces that Will Drive Commodity Prices in 2023

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Accurately predicting commodity and ingredient prices in January for the year ahead is nearly impossible, but it is helpful to look at the factors that are expected to influence those markets. The three most obvious market movers are COVID-19 (still), war and weather, with the latter always a key factor on a regional if not… read more

MICHELIN Chefs Dish on the Korean Cuisine Craze

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The latest wave is all about heritage ingredients, vibrant plating, and oodles of flavor The hottest trends in beauty, film and tv, and music across the United States have one thing in common: they’re Korean. It’s been just over a decade since Hallyu 3.0, or the third Korean Wave, swept the country and Canada solidifying… read more

Tortilla Equipment Maker Investing $30 Million in Tennessee

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JC Ford Co., a manufacturer of high-speed corn tortilla production equipment, has announced plans to invest $30 million to renovate two existing facilities and create 210 new jobs in Maury County, Tenn., over the next five years. JC Ford’s high-speed corn tortilla production equipment can turn out products in a range from 1,000 to 8,000… read more

Tyson Foods Investing $20 Million in Tennesse

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Tyson Foods, Inc. plans to invest more than $20 million into the Newbern, Tenn., community with expansions to production capabilities, a wellness center, and construction of an independent roadway for production transportation The first phase of the project started in April 2021 with a 21,000-square-foot expansion to an existing barn facility, with a completed total… read more

Sesame joins eight other allergens on the Food and Drug Administration’s list

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Now a Major food allergen, sesame should be on restaurants’ radar Following the enactment of the Food Allergy Safety, Treatment, Education and Research (FASTER) Act in April 2021, the Food and Drug Administration added sesame to its list of major food allergens(Opens in a new window). Effective Jan. 1 of this year, packaged foods in… read more

Consumer trends . . . .

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Two in Five Customers are Tipping More in 2022 Inflation and economic uncertainty are influencing consumer spending behavior, but support for restaurants continues. Although the number of consumers who typically tip restaurant staff 20% or higher is trending down, 41% of consumers report tipping more this year than last year—and 70% expect to be extra… read more

Navigating the Restaurant Labor Shortage Requires a NextGen Approach

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According to Bureau Labor of Statistics numbers released in early October, food services and drinking establishments added 60,000 jobs in September. The hospitality sector now employs 11.8 million people, or about 500,000 jobs shy of pre-COVID levels. Anita Adams, the CEO of Black Bear Diner, echoes a lot of what’s been shared from the front… read more

The newly public coffee chain weathers macroeconomic storm as same-store sales declined 3.3%

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Dutch Bros Coffee — which went public for the first time last fall — is optimistic about its development pipeline, despite external inflationary pressures that are affecting the entire restaurant industry. The Oregon-based coffee chain’s same-store sales declined 3.3% for the second quarter ended June 30, 2022, but on the flip side of that, the… read more

Pizza Hut and Darty Farmers of America to Launch Sustainability Project

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Pizza Hut and its parent company Yum Brands are partnering with Dairy Farmers of America (DFA) to launch a sustainability initiative aimed to help participating farmers reduce their greenhouse gas emissions. The initiative will allow the DFA and dairy suppliers to engage in annual farm-level greenhouse gas and energy footprinting. The project will use the Farmers… read more