IFDA News

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Industry News

U.S. restaurants are now contending with the egg shortage that already hit retailers. Egg prices are breaking record after record as the bird flu spreads across the nation, with the wholesale cost of a dozen large eggs jumping to $7.08 in the Midwest โ€“ 7x higher than 2 years ago, reported Yahoo Finance. Full Story 


Galentineโ€™s Day has evolved from a fictional holiday into a lucrative foodservice opportunity. According to OpenTable, reservations for parties of 6+ on Feb. 13 rose 34% in 2024 YoY. In addition, 51% of diners are considering double dates this V-Day, reported The Food Institute. Full Story


The Southeast Asian ride-hailing and food-delivery company Grab is reportedly in advanced merger talks with Indonesian rival GoTo, according to two sources familiar with the matter. The latest round of M&A talks resumed in Dec. as Grab looks to acquire GoTo by the year's end, reported MSN. Full Story


Cousins Maine Lobster is expanding into the Orlando and Daytona markets, launching its first food truck in central Fla. this month. The expansion is led by Yunus and Thameem Shahul, brothers and franchisees who executed a multi-unit Fla. deal in 2024. Full Story


The Blimpie sandwich chain added a warm, cheesy Tuna Melt to its menu. The new panini-style sandwich pairs the brand's signature tuna with American cheese, bacon, tomatoes, spinach, and mayo served on grilled ciabatta bread. Full Story

Government News

The U.S. and Canada agree to a 30-day pause on tariffs. The U.S. and Canada will delay the enforcement of tariffs the two countries issued against each other this weekend by one month, President Donald Trump and Canadian Prime Minister Justin Trudeau announced Monday. The pause mirrors a similar action taken by the U.S. in respect to tariffs Trump ordered on Mexico over the weekend, reported Supply Chain DiveRead More

Tech & Innovation News

๏ปฟDave's Hot Chicken is partnering with tech firm Reality Based Group (RBG) to elevate its guest experience across all locations amid its ongoing expansion efforts. The chain will leverage RBG's video mystery shopping technology to refine its customer service, brand consistency, and operational efficiency. Full Story


Serve Robotics will deploy 2,000 Uber Eats delivery robots in 2025 to lower last-mile delivery costs for restaurants in urban areas. Currently, its robots serve 900 restaurants in the Los Angeles area alone, traveling up to 2 miles on their own and 6 miles when drones are involved, reported PYMNTS. Full Story

Market News

U.S. peanut prices received by farmers for all farmer stock peanuts averaged 26.8 cents/lb. for the week ending Jan. 25, up 1.4 cents from the week before, according to the USDA. Full Report


U.S. soybeans crushed for crude oil reached 6.53 million tons in Dec. 2024, up from 6.13 million tons in 2023, according to the USDA. Canola seeds crushed for crude oil totaled 225,039 tons in Dec. 2024, rising from 192,796 tons in 2023. Full Report

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