- A sharp drop in corn prices could filter down to help give a little lift to the bottom lines of a number of food companies.
- Tyson Foods (TSN +0.4%), Pilgrims Pride <<PPC>, and Hormel (HRL +0.6%) are three of the companies that could benefit the most if hedging strategies don't get in the way.
- Raw material cost could turn lower for cereal makers Kellogg (K -0.1%), General Mills (GIS), and Post Holdings (POST -0.7%).
- Soda sellers Coca-Cola (KO -0.5%), PepsiCo (PEP -0.3%), and Dr. Pepper Snapple (DPS -0.3%) won't mind the news either.
Food companies don't mind lower corn prices
From other sites
at CNBC.com (Dec 19, 2014)
at CNBC.com (Dec 18, 2014)
Video at CNBC.com (Dec 10, 2014)
at CNBC.com (Dec 10, 2014)
at CNBC.com (Dec 5, 2014)
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