ManyHorses
Well-known member
DES MOINES, Iowa (Dow Jones)--Jack In The Box Inc. (JBX) expressed doubts Wednesday that the U.S.-Canadian border will reopen for beef imports as scheduled early next month.
"Our intelligence indicates the March 7 (date announced by authorities) has slipped," Chief Executive Robert Nugent said on a conference call. "That's what we're expecting."
Cattlemen all across the nation should be up in arms about Jack In The Box CEO Robert Nugent making the above statement. This is a hugely disappointing remark suggesting that Nugent has insider information from the USDA.
Why would he say "Our intelligence indicates..." - What intelligence and what kind of intelligence operation is Jack In Th Box running inside the USDA that supports his claim!
Has Nugent taken a position in the market that would allow him to profit from his sources, obviously inside the USDA?
Why would the CEO of any company so directly involved in the cattle industry feel compelled to make such a remark? Why wouldn't the Secretary of Agriculture be telling cattlemen the truth if it were the truth?
What ever your ilk on the Canadian border reopening - NUGENT'S STATEMENT SMELLS OF INSIDER INFORMATION AND RUNNING AN INTELLIGENCE OPERATION INSIDE THE USDA!!
This is exactly the kind of misinformation that can ruin lives and businesess and it is not fair to let it go unquestioned!!
Please email to the USDA and voice your opinion one way or the other to the Secretary of Agriculture and to your local cattle associations.
Richard