binance left Coinmarketcap net_left adver left

Farm aid: Chipotle CEO Brian Niccol on America's farming crisis

Tuesday, December 28, 2021
Farm aid: Chipotle CEO Brian Niccol on America's farming crisis © Reuters. Brian Niccol, new CEO of Chipotle Mexican Grill, poses for a picture in this undated handout photo. Courtesy Chipotle Mexican Grill/Handout via REUTERS

By Chris Taylor

NEW YORK (Reuters) - When you order at Chipotle Mexican Grill (NYSE:CMG), you are probably not thinking about the complex supply chain that got your food into your hands.

That is Brian Niccol’s job.

As Chipotle’s CEO and chair, the buck stops with Niccol when it comes to all those logistics. But Niccol does want you to consider the land and workers needed to make it all happen because without them, you’re not getting that meal.

Niccol spoke with Reuters about the real and disturbing implications of disappearing farmers and farmland.

Q: Why do you think farming is in such crisis?

A: A lot of farms are not transferring generationally and a lot of farmland is being lost to development. We are running a new campaign informing people about this, because we want to make sure land ends up in the hands of farmers.

In the last decade alone, the U.S. has lost more than 20 million acres of farmland, and 400 million acres are expected to need new farmers in coming years.

If young farmers can’t find affordable land, that’s just not going to happen. We want to make sure government is aware of this, and people are aware because a lot of folks don’t even realize this is happening.

Q: The number of farmers has been declining for decades. What does this mean for you?

A: We love the idea of supporting small farmers. We want to stay committed to food with integrity and that means responsibly raised animals and organic produce.

We need small farmers, and we are committed to buying from them. We also invest in them and give them tools to provide food at scale. This is constantly on our minds, and we hold ourselves accountable.

Q: How do you support them specifically?

A: One of the biggest things is creating long-term contracts. If you give them a three- or four-year contract, that helps dramatically because they know they have a buyer on the other end, and can invest accordingly.

The other thing we do is provide grants for younger farmers who are getting started and need money to plant their first crop or buy their first animals.

Q: Everyone is talking about the supply-chain nightmare. Is it giving you constant headaches?

A: We have a lot of great partners and have been able to smart forward-buy where we need to, to stay in stock on key items. But it’s not getting any easier, that’s for sure. Between freight and labor challenges, this is a daily discussion.

Q: Are there particular menu items that are harder to secure than others?

A: So many items are grown and raised right here in the U.S., and we have longstanding relationships with those folks. We knew what to plan for, and we didn’t run into any real problems.

Lately the bigger challenges have been associated with building restaurants: There you run into challenges like getting access to HVAC equipment, and buying enough steel to make grills.

Q: How has the labor squeeze impacted you?

A: There is a real battle going on for labor. I’ve never seen it so tight. That’s why it’s really important to talk about purpose.

Another part of it is that you have to have wages right and the ability to grow those wages. We also offer benefits I really love, like debt-free degrees and tuition reimbursement. We have always been a leader on the wage and benefit front.

Q: What leadership lessons have you taken away from the COVID era?

A: From a management standpoint, you can’t communicate enough in times of uncertainty. You can’t be afraid to say, "This is working" or "This isn’t working."

You have to keep the communication flowing. Be transparent in what you know and what you don’t know, and then ask for feedback because it can’t be just one-way communication.

Q: What is your favorite item on the menu?

A: Barbacoa (beef). I love it. I get it every which way possible.

Leave your comment
ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top ig_main right top Binance _ main right top fbs_main right top tifia_main right top
17-01-2022 20:13:20 (UTC+7)

EUR/USD

1.1417

+0.0010 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

EUR/USD

1.1417

+0.0010 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

GBP/USD

1.3656

+0.0010 (+0.08%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (0)

Sell (6)

USD/JPY

114.51

-0.09 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

AUD/USD

0.7217

+0.0007 (+0.10%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (0)

Sell (7)

USD/CAD

1.2505

-0.0014 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (7)

Sell (0)

EUR/JPY

130.74

+0.03 (+0.02%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (8)

EUR/CHF

1.0428

+0.0004 (+0.04%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (2)

Sell (3)

Gold Futures

1,819.05

+2.55 (+0.14%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

Silver Futures

23.038

-0.002 (-0.01%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (10)

Copper Futures

4.4268

-0.0062 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Crude Oil WTI Futures

83.72

-0.06 (-0.07%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (5)

Brent Oil Futures

86.52

-0.04 (-0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

Natural Gas Futures

4.268

+0.014 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

US Coffee C Futures

239.65

+2.65 (+1.12%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (3)

Euro Stoxx 50

4,302.14

+29.95 (+0.70%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

S&P 500

4,662.85

+3.82 (+0.08%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (2)

DAX

15,933.72

+50.48 (+0.32%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

FTSE 100

7,611.23

+68.28 (+0.91%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

Hang Seng

24,218.03

-165.29 (-0.68%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,161.55

+0.07 (+0.00%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (2)

IBEX 35

8,838.70

+32.10 (+0.36%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

BASF SE NA O.N.

68.140

+0.030 (+0.04%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (3)

Bayer AG NA

52.82

+0.23 (+0.44%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (3)

Allianz SE VNA O.N.

227.05

+0.05 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

Adidas AG

252.65

+0.30 (+0.12%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

Deutsche Lufthansa AG

7.241

0.000 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (11)

Siemens AG Class N

146.00

+0.14 (+0.10%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (2)

Deutsche Bank AG

12.018

+0.064 (+0.54%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

 EUR/USD1.1417↑ Buy
 GBP/USD1.3656Neutral
 USD/JPY114.51↑ Sell
 AUD/USD0.7217Neutral
 USD/CAD1.2505↑ Sell
 EUR/JPY130.74Sell
 EUR/CHF1.0428Neutral
 Gold1,819.05↑ Buy
 Silver23.038Neutral
 Copper4.4268↑ Sell
 Crude Oil WTI83.72Sell
 Brent Oil86.52↑ Sell
 Natural Gas4.268↑ Buy
 US Coffee C239.65↑ Buy
 Euro Stoxx 504,302.14↑ Sell
 S&P 5004,662.85↑ Buy
 DAX15,933.72↑ Sell
 FTSE 1007,611.23↑ Buy
 Hang Seng24,218.03↑ Buy
 Small Cap 20002,161.55↑ Buy
 IBEX 358,838.70↑ Sell
 BASF68.140Neutral
 Bayer52.82↑ Buy
 Allianz227.05↑ Buy
 Adidas252.65↑ Buy
 Lufthansa7.241↑ Sell
 Siemens AG146.00Neutral
 Deutsche Bank AG12.018↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,120/ 6,160
(0/ 0) # 1,150
SJC HCM6,110/ 6,170
(0/ 0) # 1,160
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,162
SJC Danang6,110/ 6,172
(0/ 0) # 1,162
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,162
SJC Cantho6,110/ 6,172
(0/ 0) # 1,162
Cập nhật 17-01-2022 20:13:23
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,819.90+3.420.19%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2400024480
RON 95-II,III2390024370
E5 RON 92-II2291023360
DO 0.05S1838018740
DO 0,001S-V1873019100
Dầu hỏa1719017530
ↂ Giá dầu thô thế giới
WTI$83.68-0.03-0.04%
Brent$85.99+0.10.11%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.540,0022.850,00
EUR25.234,8826.649,42
GBP30.246,4531.537,99
JPY192,66203,94
KRW16,5020,10
Cập nhật lúc 08:08:57 18/01/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right