Equity Research on Green Mountain Coffee Roasters Inc. and ConAgra Foods Inc. - Food Prices Climbing
June 14 2011 - 8:48AM
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Green Mountain Coffee
Roasters Inc. (NASDAQ: GMCR) and
ConAgra
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Rising food costs have led to price hikes from several companies
within the processed and packaged goods industry. Get instant
analyses of Green Mountain Coffee Roasters
Inc. and ConAgra Foods Inc. from live,
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Some food companies have been aided by rising grain prices.
Unusually wet weather has adversely affected grain supplies. Less
harvested grain, in turn, led to higher grain prices. According to
the U.S Department of Agriculture, corn prices jumped 2.8% last
Thursday. Food companies like ConAgra Foods Inc. benefit by being
able to pass along the higher prices to consumers. ConAgra Foods Inc. report is accessible for free by
registering today at
http://shinesroomonline.com/reports/June1411ConAgraFoodsInc.(CAG)140611.php.
Coffee prices have also risen this year, threatening margins of
producers. Like food companies though, coffee producers have been
able to absorb the rising costs by passing them along to the
consumer in the form of higher prices. Green Mountain Coffee
Roasters Inc., like many of its competitors, has raised prices to
offset higher costs. Green Mountain Coffee
Roasters Inc. report is accessible for free by registering
today at
http://shinesroomonline.com/reports/June1411GreenMountainCoffeeRoastersInc.(GMCR)140611.php.
Overall, rising grain and coffee costs have not been as
detrimental to the processed and packaged goods industry as one
might expect. Raising prices have helped companies shake off higher
costs while demand remains relatively strong. However, the recent
slowdown in the economic recovery is affecting consumer spending
and companies may need to find new ways to offset costs other than
passing them along to the consumer.
The two Processed & Packaged Goods
stocks research reports are available for free by signing up now on
www.shinesroomonline.com.
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