No more rice grains in Kellogg's Rice Krispies due to changing weather
Published . Updated .
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The new recipes mean cereal packaging will now include a 'contains wheat gluten' warning.
Directly affected
- No company is named in this report.
Indirectly affected
- DBA Invesco DB Agriculture Fund-6.1% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “grains” (grains and farm goods) in this story.
- WEAT Teucrium Wheat Fund-5.5% 14d
Teucrium Wheat Fund: it follows farm commodity prices. Linked by “grains” (grains and farm goods) in this story.
- ADM Archer-Daniels-Midland-10.8% 30d
Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “grains” (grains and farm goods) in this story.
- BG Bunge Global-20.9% 30d
Bunge Global (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “grains” (grains and farm goods) in this story.
- DE Deere-0.3% 30d
Deere (farm machinery and equipment): crop traders and farm suppliers move with grain prices and trade. Linked by “grains” (grains and farm goods) in this story.
- CF CF Industries Holdings-0.2% 30d
CF Industries Holdings (agricultural chemicals): crop traders and farm suppliers move with grain prices and trade. Linked by “grains” (grains and farm goods) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DBA | +2.11% | +1.22% | base | after close | after close | after close | after close |
| WEAT | +0.68% | +1.09% | base | after close | after close | after close | after close |
| ADM | +9.32% | +8.87% | base | after close | after close | after close | after close |
| BG | +6.38% | +2.04% | base | after close | after close | after close | after close |
| DE | -3.81% | +1.40% | base | after close | after close | after close | after close |
| CF | +2.69% | +5.55% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
The new recipes mean cereal packaging will now include a 'contains wheat gluten' warning.
Source: BBC
This story
| Company | When | Move | Status |
|---|---|---|---|
| ADM | three days earlier | +8.87% | final price |
| ADM | five days earlier | +9.32% | final price |
| BG | three days earlier | +2.04% | final price |
| BG | five days earlier | +6.38% | final price |
| CF | three days earlier | +5.55% | final price |
| CF | five days earlier | +2.69% | final price |
| DBA | three days earlier | +1.22% | final price |
| DBA | five days earlier | +2.11% | final price |
| DE | three days earlier | +1.40% | final price |
| DE | five days earlier | -3.81% | final price |
| WEAT | three days earlier | +1.09% | final price |
| WEAT | five days earlier | +0.68% | final price |
This story
12 out of 100
“No more rice grains in Kellogg's Rice Krispies due to changing weather” scores 12 out of 100. The score uses 1 sources.