Reinhard

Kellog is Not an Agriculture Play

I agree with the article that many companies in the food sector get squeezed by rising input costs and can't make up fast enough by raising their selling prices. However, the question is how will they do going forward. It is certainly possible that they keep continuously raising their selling prices, and at some point we will get a pull-back in the commodities. Then, the companies might surprise with their earnings for a while.