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  • April 17- With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural economist at the U.S. Department of Agriculture's Economic Research Service.

  • Drought hurts meat prices     Thursday, 17 Apr 2014 | 10:00 AM ET

    NBC's Stephanie Gosk reports the domestic cattle herd is the smallest it has been since 1951. The biggest culprit is California and the Southwest's record water shortages.

  • *First-quarter EPS $2.64 vs est. *Sales rise 24.4 pct to $904.2 mln; same-restaurant sales rise 13.4 pct. April 17- Chipotle Mexican Grill Inc raised its full-year sales forecast after reporting better-than-expected quarterly revenue as sales surged at established restaurants.

  • Chipotle plans first price hike in 3 years Thursday, 17 Apr 2014 | 8:29 AM ET

    NEW YORK— Chipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos. That translates to an extra 24 cents to 40 cents for an $8 burrito bowl. Jack Hartung, Chipotle's chief financial officer, said during a conference call with analysts that price is not the main reason customers visit its restaurants anyway.

  • April 17- Cereal maker Post Holdings Inc said it will buy egg and dairy producer and distributor Michael Foods Inc for $2.45 billion in its largest-ever deal.

  • Post Holdings to buy Michael Foods for $2.45B Thursday, 17 Apr 2014 | 6:46 AM ET

    ST. LOUIS— Cereal maker Post Holdings Inc. is buying fellow packaged food maker Michael Foods Inc. in a $2.45 billion deal that will expand Post's range of products. Privately held Michael Foods makes a variety of egg, potato and dairy products.

  • Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.

  • Philadelphia chocolate store closed over tax spat Wednesday, 16 Apr 2014 | 6:27 PM ET

    PHILADELPHIA— A popular Philadelphia chocolate maker and candy store has been shuttered by the city days before Easter. WPVI-TV said Wednesday the Department of Revenue revoked the business license of the Blasius Chocolate Factory in the city's Kensington neighborhood.

  • Unlike bills passed last year in Maine and Connecticut, which require other states to pass GMO labeling laws before they can be enacted, Vermont's contains no such trigger clause.

  • KFC brings back much hyped Double Down Wednesday, 16 Apr 2014 | 2:13 PM ET

    The bacon 'n' cheese sandwich that used two fried chicken filets instead of a bun is back at KFC, USA Today reports.

  • Seafood chain has been 'dishonest': Health group Wednesday, 16 Apr 2014 | 11:51 AM ET

    The Center for Science in the Public Interest (CSPI) said that Joe's Crab shack uses "lots" of trans fat in its food, Today reports.

  • China defaults mount among inter-company loans Wednesday, 16 Apr 2014 | 1:52 AM ET

    Shipbuilder Sainty Marine Corp Ltd on Tuesday became the latest listed firm to report that it had failed to receive principal and interest repayments on a 900 million yuan loan to a property developer. The same day, Qiaqia Food Co Ltd announced that it would launch a lawsuit against another food producer for failing to pay interest on a 40 million yuan loan.

  • Beware of drinking Coca-Cola's Kool-Aid Tuesday, 15 Apr 2014 | 1:57 PM ET
    An electronic billboard advertising Coca-Cola in Medford, Massachusetts

    Coca-Cola showed a slight improvement in soda sales trends in the first quarter. But it a real turnaround may be a ways off.

  • *European shares hit by weak sales, Ukraine crisis. LONDON, April 15- Crisis in Ukraine, weak trading updates from European companies and worries over China's economy turned investors sour on riskier assets on Tuesday, driving shares lower and bond prices higher.

  • LONDON, April 15- Risk appetite faded on financial markets on Tuesday, with shares weaker and bonds firmer as investors weighed up tensions between Russia and Ukraine, downbeat sales reports and signs of slowing growth in China.

  • *First-quarter sales 20.8 bln Sfr vs 21.5 bln in poll. ZURICH, April 15- Nestle expects sales growth to pick up in the next few quarters after slowing to 4.2 percent in local currencies in the first, when unusually cold weather hit sales in North America and cost-conscious Europeans continued to opt for cheaper brands.

  • LONDON, April 15- European equity indexes opened broadly flat on Tuesday as the threat of costly sanctions against Russia and mixed sales updates from bellwether consumer groups such as L'Oreal and SABMiller capped appetite for shares.

  • Nestle sales up despite slack prices in Europe Tuesday, 15 Apr 2014 | 2:54 AM ET

    FRANKFURT, Germany— Food company Nestle SA says sales rose 4.2 percent in the first quarter compared with a year ago despite deflationary pressures in Europe.

  • WASHINGTON, April 14- A U.S. appeals court on Monday struck down parts of a regulation that forces public companies to disclose if their products contain "conflict minerals" from a war-torn part of Africa, saying it violates free speech rights.

  • WASHINGTON, April 14- A U.S. appeals court on Monday struck down parts of a regulation that forces public companies to disclose if their products contain "conflict minerals" from a war-torn part of Africa, saying it violates free speech rights.

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