Consumers are increasingly eschewing bread in favor of butter and red meat as carbohydrates take a back seat to fat and protein, a worldwide shift underpinned by a changing medical consensus that promises to transform the food industry.
Tyson Foods Inc. fell the most in six years after the largest U.S. beef processor cut its full-year earnings forecast as higher cattle prices erode margins.
The scare—prompted by a recall at supplier OSI Group LLC, which is accused of repackaging old meat as new—is fueling concerns that China has yet to ensure the safety of its food supply.
This summer, U.S. consumers can look forward to opening a cold beer, firing up the grill and throwing on the most expensive pork chop they have ever purchased.
