Commodity Bull Market
Commodity news and insights for traders and investors.
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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