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For its Cow Appreciation Day Friday, Chick-fil-A gave away free sandwiches to customers who come in wearing cow costumes. We talked with CEO Dan Cathy about a herd of other issues including rising food costs, industry trends, the economy and how his values affect the company's bottom line.
Over the past year, the prices of many commodities have risen at record paces to record highs. But recently, those prices have begun to plunge, and consumers should begin to see the effects of those declines fairly soon, in the form of less-expensive groceries and clothing.
Last year, beef and pork prices were up an average of 6%, hitting carnivores' wallets hard every time they were at the grocery store. With wholesale meat prices already up 25% more than last year, the USDA is now warning consumers that this year's increases could be even worse. Bacon is the cut...
That cherished American tradition -- summer grilling -- is about to get pricier. Rising grain prices are affecting livestock feed, which in turn affects meat production. And surging overseas demand for both U.S grains and meat are adding to the equation.
Once unknown to most U.S. investors, Syngenta has blossomed as one of the world's leading agribusiness companies, with a hefty 19% global share in the multibillion-dollar crop-protection market and 11% in seed production. Its stock is near a record high.
It's no surprise that consumer prices are rising -- the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will raise rates to combat this price inflation -- and whether it should.
It has become clear to politicians and scientists that corn-based ethanol isn't the solution for creating a home-grown fuel source. Enter "cellulosic ethanol," made from wood chips, weeds or algae. Could it be the fuel of the future?
If you've been to a supermarket lately, you've probably noticed that food prices are soaring. And that spells an opportunity for investors. Asset-management expert John Stephenson offers tips for small investors aiming to tap into the agricultural market.
Besides the unemployed, nobody is getting hurt worse in this economy than seniors. Prices on many commodities are skyrocketing, but the Consumer Price Index, which is the yardstick used to adjust Social Security for inflation, is virtually unchanged.
Bad weather that is reducing crops yields, increasing global demand and a greater push for bio-fuels are all playing havoc with corn prices, which affect costs throughout the economy.

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