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Cost of a basic Christmas dinner for five people in the UK will cost £30.03 on average this year, up from £24.67 in 2021, according to research firm Assosia; items include medium frozen turkey, stuffing, roast potatoes, gravy, Brussels sprouts

Industrias Bachoco to acquire Norson Holding, a Mexico-based vertically integrated pork producer and exporter; more details of the transaction will be given once it's reviewed by Mexican antitrust authorities

JBS USA to acquire certain assets from TriOak Foods, a Midwest-based pork producer, for an undisclosed amount; JBS USA has served as the exclusive customer of TriOak market hogs since 2017

Asia-Pacific's food industry sees 32.3% year-over-year decline in deal activity in October, led by Minerva Foods Asia's US$251.3M acquisition of Australian Lamb, according to GlobalData's deal database

Many US consumers who bought plant-based products in 2020 not only continued to buy them in 2021, but spent less on animal-derived products, according to a study from the Plant Based Foods Institute

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