Apr. 28 at 10:11 PM
$BGS $FLO Full disclosure, FLO is one of my top-3 bottom feeding stock picks (I update on my Profile text, see there). I hold BGS indirectly (fund). Key information for Food Sector stocks with heavy reliance on Wheat for products, as a primary driver of Costs/Margins. Lower Cost of Wholesale Wheat on the Commodities market is better for BGS and FLO, to obtain cheaper Wheat to turn into bread, etc. You MUST understand this point, for dividend-paying stocks whose Bottom Line and Margins are totally driven by Wholesale Commodities: you must research and plan/react as if you are a Commodities trader, to anticipate when the time is right to TRADE these stocks, especially whether to buy in again, or buy more.
Russia/Ukraine war may end soon, but regardless "when" - it will eventually end. Look at this link. Click 5-year chart (5y), note Feb 2022, start of war. See 5y chart - how much Russia and Ukraine impact the global Wheat market. Expect the inverse when it ends.
https://markets.businessinsider.com/commodities/wheat-price
