The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Sugar: Get in While It's Still Cheap

 Apr 15, 2008 11:53 AM UTC
Return Risk
+1.24% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
IPSU Positive 04/15/08 -4.60% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  


"Good God Almighty!" The woman in front of me had reached the age at which she no longer cared what anyone thought of her. After nearly running into me with her shopping cart? and clearly not caring about it? she paused to pick up a pack of Baltimore's famous Berger cookies.<!--more--> She squinted, unable to make out the price tag at first. Then came the scream. "$4.59! Good God almighty, I don't like 'em that much!" Throwing the box of cookies down with disgust, she shuffled off mumbling under her breath.


Around Baltimore, Berger cookies are legendary for their taste and their artery clogging abilities. They're essentially sugar cookies that have been slathered with a thick chocolate icing. There's not a whole lot to them, just eggs, milk, sugar, flour, and cocoa for the chocolate. However, the prices for virtually every one of these ingredients has soared in the last year. Eggs are up 45% in the last eight months. Wheat recently hit a record high. And milk prices are competing with gasoline on a per gallon basis.


 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch