Tuesday, February 19, 2008

Daily Wealth: The Bull Market That's Killing Domino's Pizza

Article in today's Daily Wealth about how the bull market in commodities is hurting the fortunes of food companies.

Summary:
  • Gov't mandates for corn-based ethanol have driven up all grain prices
  • For the forseeable future, consumers will pay more for food
  • The stock prices of food producers have been hammered, as they struggle to deal with rising costs

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