by David Kruse President, ComStock Investments (With Permission to Reproduce) Copyright 2011@ CommStock Investments, Inc., David Kruse The National Pork Producers Council (NPPC) believes that hog producers have a birthright to buy cheap, below the cost of production, corn for feed. They never ever complained about farm subsidies keeping corn farmers producing burdensome stocks of corn, but have focused a lot of ire on ethanol subsidies that helped develop an industry that pays farmers what their corn should Read More …
Tag: Comstock Report
The Comstock Report
David Kruse President, ComStock Investments (With Permission to Reproduce) Copyright 2011@ CommStock Investments, Inc., David Kruse Darden Restaurants, which own Olive Garden and Longhorn Outlets, believes food prices and net energy costs will rise 1.5-2% this year and 3.5-4% in 2012. Darden has locked in 100% of its seafood for this year and 30% for 2012. It has bought 75% of its beef needs for 2011 and 40% for 2012. These two foodstuffs, fish and beef, account for Read More …