Yearly Archives: 2012

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Five Guys Leads 2011 Restaurant Growth

John Maday
Managing Editor
Drovers CattleNetwork

Among all the negative news coverage related to beef, it’s nice to see that restaurant patrons still love a good burger. According to a release previewing an annual report from market-research company Technomic Inc., Five Guys Burgers and Fries was the fastest growing large chain last year, with a 32.8 percent growth in sales.

Overall, sales at the top 500 U.S. restaurant chains […]

By |2012-03-21T22:53:42-05:00March 21st, 2012|Uncategorized|0 Comments

Corn Yield Prospects and Price Implications

By Susan Jongeneel, University of Illinois

With 2011-12 marketing year-ending stocks of U.S. corn expected to be near pipeline levels, the size of the 2012 crop has substantial price implications, according to University of Illinois agricultural economist Darrel Good.

Acreage intentions will be revealed in the USDA’s March 30 Prospective Plantings report, but much of the current discussion centers on prospects for […]

By |2012-03-21T22:54:22-05:00March 21st, 2012|Commodities|0 Comments

USDA Market News

The USDA Market News Service reports feed ingredient prices for the week ending
March 06, were mixed.

  • Soybean Meal was 10.00 to 21.40 higher.
  • Cottonseed Meal was steady to 15.00 higher.
  • Whole Cottonseed was 3.00 lower to 10.00 higher.
  • Canola Meal was 5.00 to 10.60 higher.
  • Linseed Meal was steady to 10.00 higher.
  • Sunflower Meal was steady to 5.00 higher.
  • Crude Soybean Oil was 114 to 175 points lower.
  • Crude Corn Oil was 100 points higher.
  • Meat and Bone Meal was steady to 20.00 higher.
  • Blood Meal was steady in California.
  • Feather Meal was steady to 30.00 lower.
  • Fish Meal was steady. Corn Hominy was steady to 5.00 lower.
  • Corn Gluten Feed was steady to 10.00 higher.
  • Corn Gluten Meal was steady to 45.00 higher.
  • Distillers Dried Grains were 8.00 lower to 7.00 higher.
  • Wheat Middlings were 7.00 lower to 32.00 higher, mostly 5.00 to 15.00 higher.

**All prices quoted per ton unless otherwise noted**

By |2012-03-08T23:14:04-06:00March 7th, 2012|Commodities, USDA Market News|0 Comments
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