Influence of Higher Wheat Prices on Ready-to-Eat Cereal Companies in 2010
HERNANDEZ LOERA CHAVEZ, PABLO (2013)
HERNANDEZ LOERA CHAVEZ, PABLO
2013
Yrityksen taloustiede, laskentatoimi - Accounting and Finance
Johtamiskorkeakoulu - School of Management
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Hyväksymispäivämäärä
2013-05-07
Julkaisun pysyvä osoite on
https://urn.fi/urn:nbn:fi:uta-1-23625
https://urn.fi/urn:nbn:fi:uta-1-23625
Tiivistelmä
In 2010, sever droughts and fires destroyed 20 percent of Russia’s wheat crop. This incident increased dramatically the prices of wheat worldwide. This paper studies the financial consequences that these higher wheat prices brought to companies that use wheat to manufacture ready-to-eat cereal and wheat-related products. The international cereal companies selected for this study were Kellogg Company, Nestlé Group and Ralcorp Holdings, Inc., owner of Post Foods Company.
Keywords: Wheat, cereal companies, increase, Russia
Keywords: Wheat, cereal companies, increase, Russia