Analysts warn that with the economy so fragile and pricing competition fierce it will hard for...

Analysts warn that with the economy so fragile and pricing competition fierce it will hard for restaurants to pass on the higher wholesale beef prices that are forecast down to consumers. Though quick-service chains will toy with their menus (more chicken) and try to use forward purchase contracts to lower costs, the impact of last year's drought could take a few seasons to reverse.

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Comments (6)
  • User 509088
    , contributor
    Comments (1725) | Send Message
    pink slime, report to the caf, pink slime to the caf please.
    22 Jan 2013, 01:49 PM Reply Like
  • User 509088
    , contributor
    Comments (1725) | Send Message
    mmmm... pink slime. that's good suckin'. pass me a straw, cleetus!
    22 Jan 2013, 01:50 PM Reply Like
  • Invest4Life
    , contributor
    Comments (13) | Send Message
    Higher beef and commodity costs are the norm not the exception. Companies that do not understand this fact, yes fact, will go out of business within the next 5-10 years.
    22 Jan 2013, 01:57 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
    Beef prices have been driven up beyond all others. Demand destruction in process.
    22 Jan 2013, 01:59 PM Reply Like
  • johnofarizonaoregon
    , contributor
    Comments (292) | Send Message
    Read the book by Dr. Campbell, "The China Study." In that book, you will find many darn good reasons to never again eat another morsel of beef. If enough people stop eating beef, the demand for beef will decrease and therefore the demand for grains (which are wrongfully used to feed to cattle) will ease and then the price of beef will decrease and the price of grains will likewise decrease.
    22 Jan 2013, 02:07 PM Reply Like
  • Canuck Economist
    , contributor
    Comments (114) | Send Message
    What kind of report is this. What analysts warn about what fragile economy? I am an economist and I can tell you that we normally know months after the fact that the economy is good. The economy has been showing signs of strength and the papers today tell us that we are close to declaring that we are in a secular bull market! OK, maybe I will say...analysts warn us that we are now in a secular bull market, that employment is improving and that businesses are starting to invest rather than hoard or distribute their cash. Since central banks have raised their inflationary targets analysts indicate that it will make it easier for restaurants to pass their costs along so we need to start looking at restaurants as good investment opportunities. How about that?
    22 Jan 2013, 11:51 PM Reply Like
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