I am long Wheat, Corn, ADM, Fertilizers, etc. They have been good to me, but now is time for 2nd order effects.
Here's what I do know.
Corn and Soybean products are going up FAST in food. For example, Corn Syrup is pricey.
Aluminum is getting extremely pricey
Starch is expensiveAF in short supply, hence a lot of your frozen foods are missing from shelves.
Lastly, shipping is astronomically expensive.
So what should we invest in to make big bucks off of this knowledge.
Like Coke will get hit on the expense side, but I think they have pricing power to pass that on, keep their margin percentage the same, thus make a lot more money. So maybe buy Coke/Yum, etc.
Maybe restaurants get hit because all these price increases will cause people to stay home, but small restaurant market got wrecked, so only corporates left and they have their app tech to carry them.
I was thinking maybe canned food companies, but I think they have pricing power as well.
Where's @bhinkle50 at, he knows everything?
Here's what I do know.
Corn and Soybean products are going up FAST in food. For example, Corn Syrup is pricey.
Aluminum is getting extremely pricey
Starch is expensiveAF in short supply, hence a lot of your frozen foods are missing from shelves.
Lastly, shipping is astronomically expensive.
So what should we invest in to make big bucks off of this knowledge.
Like Coke will get hit on the expense side, but I think they have pricing power to pass that on, keep their margin percentage the same, thus make a lot more money. So maybe buy Coke/Yum, etc.
Maybe restaurants get hit because all these price increases will cause people to stay home, but small restaurant market got wrecked, so only corporates left and they have their app tech to carry them.
I was thinking maybe canned food companies, but I think they have pricing power as well.
Where's @bhinkle50 at, he knows everything?
