date:Aug 13, 2012
vertheless, the issue of rising commodity prices was a topic raised by a number of analysts on the conference call. After a year in which commodity costs spiked, manufacturers were hoping for some respite in 2012. However, concern over the US corn crop has led to soaring prices and left investors wondering how food processors viewed the landscape and how they would look to absorb or pass on any higher costs.
Engles argued the US milk market was a thin market that sometimes moves on the basis of