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Food processors such as Kellogg (K) and General Mills (GIS) should benefit from cheaper grain...

Food processors such as Kellogg (K) and General Mills (GIS) should benefit from cheaper grain prices this year as retail prices continue to rise, analysts say. Flattening prices for grains, particularly wheat, should boost margins as companies look to grow profits rather than pass on savings to consumers. Wholesale prices are poised to climb 3% in 2012, the Food Institute says.
Comments (7)
  • WMARKW
    , contributor
    Comments (10252) | Send Message
     
    Lower input prices; will they never translate into lower wholesale and consumer prices?
    17 Apr 2012, 03:59 PM Reply Like
  • wyostocks
    , contributor
    Comments (7641) | Send Message
     
    Ben
    Are you reading this?
    17 Apr 2012, 04:02 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    I see food costs going up...raw materials..but I think that is only 7% of the cost of cereal...but they have shrunk the packaging..
    17 Apr 2012, 04:04 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    To help make food more affordable our fraternal society sponsored a 'Forty Cans for Lent' and brought in eight tons of canned goods and other non-perishables for our local food bank. Some people are not sensitive to rising food prices; many are.
    17 Apr 2012, 04:33 PM Reply Like
  • wyostocks
    , contributor
    Comments (7641) | Send Message
     
    Poor Texan
    "Some people are not sensitive to rising food prices; many are. "

     

    Do I infer that the givers to the food bank are sensitive and the takers are not?
    17 Apr 2012, 05:12 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    Wyo,

     

    We have working families who are not able to earn enough to make it through the month without some help. And, although our unemployment rate is below the national average, we still have unemployed. The article said, "Food processors... should benefit from cheaper grain prices this year as retail prices continue to rise." Those who utilize food banks are sensitive to increases. Tying the drive to Lent was to offer an opportunity to sacrifice for those able to do so.
    17 Apr 2012, 08:36 PM Reply Like
  • wyostocks
    , contributor
    Comments (7641) | Send Message
     
    Poor Texan
    I was joshing with you.
    Seriously, it was a very nice thing to do. I only hope that those who availed themselves of the generosity were obligated to do something in return and just not take the food and walk away.
    17 Apr 2012, 09:42 PM Reply Like
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