McDonald's to Phase out Gestation Crates McDonald's Corporation, which has delivered 20 percent returns on its stock for the past five years and 31 percent last year, is taking a page out of the playbook of former subsidiary Chipotle. The fast food company this week announced that it will phase out suppliers who use gestation crates for their sows. Chipotle made the move more than a decade ago.The announcement from McDonald's comes after both Cargill and Tyson unveiled plans to move away from gestation crates. McDonald's stock moved up 0.2 percent after the announcement. The move also comes with a new ad campaign by the fast food giant featuring its farmer/rancher suppliers. This is a general effort for the company to position itself...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
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...