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Farm Progress America, June 17, 2020

Max Armstrong offers a look at one part of the food industry hardest hit by restaurant closings – premium foods

Max Armstrong talks "premium" foods, which have plunged around the world with the closure of restaurants. What are premium foods? They include products like Wagyu beef and caviar. These gourmet foods have long relied on restaurants for sales. Max shares insight from Open Table that shows an 80% decline of seated diners in major countries round the world.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: kanonsky/iStock/Getty Images Plus
TAGS: Business
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