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Chipotle: African swine fever doesn't bode big cost impact

May 24, 2019

The African swine fever will likely cause pork prices to boom and analysts at BMO Capital Markets believe Chipotle Mexican Grill is among the fast casuals that will feel the brunt.

But Chipotle, according to a CNBC report, doesn't see that happening as pork accounts for less than 2% of the brand's food expenses.

Yet BMO downgraded the chain and Chipotle shares dipped 5.6% Thursday.