Food Deflation Could Drive EPS Growth For Labeled Food Producers
Grain prices are set to drop after historically high yields, giving big food producers a chance to expand their margins and bolster their brand. But since those same companies are currently facing low volumes from the 2012 drought, and most analysts haven’t priced in the effects of food deflation, now is a good time to buy, explains Citi analyst David Driscoll.
“The U.S. harvest will produce a record for field crop . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.