Actionable news
0
All posts from Actionable news
Actionable news in CME: CME Group Inc.,

Why Dinner's About to Start Eating More of Your Wallet

New York (TheStreet) -- If food prices start taking a bigger bite out of your wallet in the near future, you can blame it on Mother Nature.

A confluence of events including strange weather from El Nino, activity on the solar surface, and the effects of a U.S. drought years ago are reducing agricultural output, which may drive up grocery store prices for individual consumers and supply costs for dining chains like Chipotle Mexican Grill (CME - Get Report) and coffee shops like Starbucks (SBUX - Get Report)

The current El Nino weather system, which...


More