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Chipotle continues to be a hot commodity on the stock market despite its lack of popularity in agriculture circles.
The past few years of drought has been dismantling the North American cowherd with a 3% drop in cattle inventory for U.S. and Canadian producers since 2012.
The Cattle on Feed Report continues to show a decrease in feedlot inventory and placements.
American rancher Darrell Stevenson formed Stevenson-Sputnik LLC with two Russian partners in 2010 and has since transplanted about 1,500 head of cattle by air and sea to their ranch.
Cattle prices have been put on ice with markets falling off a bit.
A K-State livestock economist explains how tight beef supply has caused several U.S. packing plants to turn off the lights and the economic impacts of these closures.
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