May. 13 at 4:44 PM
$BGS Arguably BGS is having the worst day among all Food Stocks, after reducing their dividend, but price erosion has aligned stock price to the same Div percentage rate pre-cut.
$FLO and
$CAG also having a Red day; FLO also below the 52-week Low. Key similarities but subtle differences for FLO and BGS:
FLO has a high proportion of Wheat price vulnerability (see Wheat 5-year chart and Feb 2022 for Ukraine invasion effects), with rumors of Ukraine war coming to an end soon; while BGS is vulnerable to both Wheat and Soybeans, and both also drift due to Oil (for Fertilizer costs that drive all farmed commodities higher). Remember this - G8 Summit in August 2026, hosted by Pres Trump at his Doral resort in Miami, FL. Pres Trump already said publicly he wants Putin to attend (no matter what the other G-country leaders think), and we may see "normalized trade relations" with Russia at that event (a chance, but no guarantee). G20 = most significant geopolitical event before midterms.
