Bird flu hints at tighter turkey supplies for Thanksgiving
USDA hatchery data show May poults placed on feed down 7 percent from a year earlier, suggesting possible tighter fresh turkey supplies this Thanksgiving. Analysts clash over impact as many stores rely on frozen stock, while the bird flu outbreak has killed about 7.8 million turkeys in seven states this year ahead of holiday demand.
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Gap pivots to feminine styles as it closes stores
Gap Inc plans to close 140 Gap stores this year and 175 overall over the next years. Analysts say the brand must shift from jeans and basics to more feminine dresses, florals, and festival-inspired looks while maintaining affordable prices and stronger fashion alignment.
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Iowa seeks trade gains with Cuba via August mission
State Sen. Sodders leads a weeklong Iowa trade mission to Cuba in August to expand ties with the island. The Greater Des Moines Partnership plans a November cultural exploration trip for local business people. Iowa officials see limited but potential markets for corn soybeans dried distillers grain pork and other products as Cuba looks to import more agri items. The Iowa Senate backed a resolution supporting greater trade with Cuba and Sodders intends to present it to Cuban officials.
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