Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (84736)	1/1/2009 3:48:22 PM
From: KyrosL	Read Replies (1) of 94695

I think food is up because the raw food commodities are still up relative to a year ago, and there is a lag before lower oil and natural gas prices are reflected in food. The big food companies panicked by the huge spike in food commodities and energy around the middle of 2008, and jacked up prices accordingly. They have not adjusted back yet. But there is now rapid market share gain of private label foods and discounters, such as WalMart, so I expect food to go down in 2009. But energy won't stay down for much longer, so in the longer term food will be trending up.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next