The recent report from Mintel indicates notable changes in the snacking habits of Americans from just a year ago. The big driver of the modern snack renaissance is the millennial generation (age 18-38).According to the recent Mintel report entitled Snacking Motivations and Attitudes US 2015, 94 percent of Americans snack at least once a day. Moreover, 50 percent of adults do it two-three times daily. The big news from this, however, is the contrast with a previous report from the same firm released just a year ago, Snacking Occasions 2014, which contained a survey indicating only 64 percent of consumers said they often snack between meals. Other top-line findings:
33 percent are now snacking on "healthier foods" than last year. 62 perce...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
