redbaron

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  • Three Ways to Cash In on Record Meat and Dairy Prices
    Tyson's earning came out today (7/28), and they were down 90%. TSN has further to go down, IMHO.

    ('Tyson’s shares have plenty of room to rebound: At Wednesday’s closing price of $14.31 each, they’re down 40% from their 12-month high.')

    Not exactly a rebound, I'd say. I'm a buyer under 10-11, and only then if grain prices have moderated some.

    Jul 28 22:25 pm |Rating: 0 0 |Link to Comment |View article
  • Three Ways to Cash In on Record Meat and Dairy Prices
    '(......As Money Morning has reported, scientists in the United States and other countries are looking at ways of developing ethanol from cheap and plentiful prairie grasses).'

    The US scientists have been trying to solve this problem for many years, and if it could be done, it would have already been done. To continue to forecast that this is going to happenis bogus, IMHO.

    Further, TSN is going to have major cost problems from the $8 corn and high transportation costs, again, IMHO. How much of this continuing increase in meat costs is the US consumer going to continue to support? Or said another way, How much of these increased costs will TSN be able to pass along?

    I see TSN not as a beneficary of high corn and high energy costs, but as a net loser from these high additional costs.
    Jul 03 07:29 am |Rating: 0 0 |Link to Comment |View article

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