Seeking Alpha

rock boy » Comments » IBA

  • Bullish on Mexican Chicken [View article]
    what is their corn exposure? I know for PPC in the US that every 1c move in the price of corn = $3 mm in additional COGS so the $1.20 move in corn over the last 2 months = $360 mm in reduced profitability = most of their earnings.

    What does it look like for IBA?
    Jan 15 11:43 am |Rating: 0 0 |Link to Comment
More on IBA by rock boy
Comments by Ticker
rock boy's
Comments Stats
11 comments
Rating: 1 (1 is - 0 )