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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
