People in the conventional food business are smiling as Chipotle Mexican Grill Inc. walks back from its pledge to use “local” ingredients at its restaurants.
People in the conventional food business are smiling as Chipotle Mexican Grill Inc. walks back from its pledge to use “local” ingredients at its restaurants. With its claim of serving “Food with Integrity” (e.g., unlike the competition), Chipotle is viewed by competitors the way Donald Trump is seen by other GOP presidential candidates, as an overly boastful, demeaning player in a crowded field. Following food-borne illness outbreaks since July, the company’s CEO, Steve Ells, is now telling investors that procuring and processing food like h...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
