Kellogg Co. is using smaller packaging while charging the same prices for five of its cereals sold in the United States, effectively raising their prices for the second time this year.
James Altucher of Formula Capital sees potential nutrition for investors in the world's ravenous and growing appetite for food. Read on for his outlook -- and stock picks.
As food prices surge, America’s supermarkets are also feeling the pain. While consumer food prices are up five percent, wholesale prices have soared a whopping 20 percent.
How are American food producers coping with soaring commodity prices? Easy, says Wachovia Securities analyst Jonathan Feeney: They're passing along the prices to the consumer. That puts some major food producers and their stocks in a pretty good position.
As uncertainty in the markets intensifies, with the Dow falling 812.33 points in the last three days to its lowest level since November 2005, and the S&P 500 tumbling 95.29 to May 2005 levels, investors are increasingly seeking "safe havens" to weather the current crisis.... Read More