Organization for Competitive Markets

David Kruse President, ComStock Investments (With Permission to Reproduce) Copyright 2011@ CommStock Investments, Inc., David Kruse Darden Restaurants, which own Olive Garden and Longhorn Outlets, believes food prices and net energy costs will rise 1.5-2% this year and 3.5-4% in 2012. Darden has locked in 100% of its seafood for this year and 30% for 2012. It has bought 75% of its beef needs for 2011 and 40% for 2012….

David Kruse President, Comstock Investments Copyright 2010@ CommStock Investments, Inc., David Kruse Whenever corn prices rise, we need to hand another dry crying towel to the NPPC, NCBA and AMI as their tears will flow freely as they decry the injustices of ethanol, portrayed as the source of all livestock industry ills. Actually, they will claim to support ethanol, just not ethanol subsidies. If ethanol was not subsidized, they claim…