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Supermarket chains like Kroger and Safeway have posted a string of strong quarterly earnings. But with the costs of gas and agricultural products spiking, that could all change.

After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share buybacks.

In the world of modern food, we need new adages about "trust"; and perhaps the adage for the product of food manufacturers should be something like, "trust what you know (and that means the parts and not just the sum)." Eyes of consumers are finally being opened to what is the real truth in the...