date:Jul 31, 2012
sed concern for next year.
For most of our operations we are already covered through the remainder of the year with hedges, so we have clear visibility on our costs for this year, he said.
Coverage extends into 2013 for certain, unspecified commodities, he added.
Nevertheless, the impact on the wheat costs, if they remain like they are right now, certainly will require us to buy at higher prices, and well have to manage all our revenues through either different ways of promoting our products