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Farm Progress America, February 16, 2022

Max Armstrong reports that rising commodity prices have had little impact on food company margins

Max Armstrong digs into the food versus fuel debate which he predicts will emerge again as airlines and others turn to vegetable oil and renewable fuels. Rising crop prices may bring that debate back. Max points out that the commodity price is a long way from the final price of a product the consumer buys. He looks at the costs for food manufacturers beyond those commodity prices which have been rising, yet the companies report solid margins.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: Farm Progress

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