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Packaging Costs Matter More Than Corn Price: Gartman

Thursday, 19 Jul 2012 | 8:20 PM ET

Dennis Gartman, Founder, Editor & Publisher, The Gartman Letter says the price of the cardboard and the advertising in a box of cereal is far more important than the cost of corn that goes into a bowl of cornflakes. Producers will still hike prices, nonetheless.