InterNACHI


Go Back   InterNACHI Inspection Forum > General Inspection Topics > Miscellaneous Discussion for Inspectors

Notices

Miscellaneous Discussion for Inspectors Discuss whatever you wish in this forum.

 
Reply
 
LinkBack Thread Tools
  #1  
Old 1/2/11, 4:25 PM
Nick Gromicko's Avatar
Nick Gromicko Nick Gromicko is online now
InterNACHI Member
 
Join Date: Aug 2002
Location: Valley Forge, PA
Posts: 30,614
Default Short restaurant stocks now.

Price of food wholesale has really gone up and there is no way restaurants can pass the costs on to their customers. Restaurants are going to get squeezed.



Nick Gromicko, Certified Master Inspector

Find a Home Inspector
"Just as iron sharpens iron, one man sharpens another." Proverbs 27:17
Reply With Quote
Need a home inspection in Maine? Check out InterNACHI's listing of Maine certified home inspectors. Or, find a home inspector anywhere in the world with our inspection search engine.
  #2  
Old 1/2/11, 4:52 PM
Gary Farnsworth Gary Farnsworth is offline
InterNACHI Member
 
Join Date: Mar 2008
Location: Olathe, KS
Posts: 3,715
Default Re: Short restaurant stocks now.

Most larger restaurant chains are under food contracts, and wholesalers have to sell them products at the costs in the contracts. Wholesalers are ones who are getting squeezed. Food places that are not under these "contracts" will also suffer.



CMI, CPI, KS #0110-0094 Termite #16601
KS Radon #KS-MS-0027
BBB A+ Accredited Business
Serving the Greater Kansas City Metro Area
Eastern Kansas/Western Missouri
http://www.metrospeckc.com
"If opportunity doesn't knock, build a door"--Milton Berle
Reply With Quote
  #3  
Old 1/2/11, 4:54 PM
Nick Gromicko's Avatar
Nick Gromicko Nick Gromicko is online now
InterNACHI Member
 
Join Date: Aug 2002
Location: Valley Forge, PA
Posts: 30,614
Default Re: Short restaurant stocks now.

Many of those contracts ended Friday night. Restaurants aren't going to like the costs of meat, corn, etc in 2011.



Nick Gromicko, Certified Master Inspector

Find a Home Inspector
"Just as iron sharpens iron, one man sharpens another." Proverbs 27:17
Reply With Quote
  #4  
Old 1/2/11, 5:00 PM
Gary Farnsworth Gary Farnsworth is offline
InterNACHI Member
 
Join Date: Mar 2008
Location: Olathe, KS
Posts: 3,715
Default Re: Short restaurant stocks now.

There is only so much land, and only so much food can be produced. More and more people in the world creates more demand on food, utilities, etc. which drive up prices. Now, you know what stocks to buy.



CMI, CPI, KS #0110-0094 Termite #16601
KS Radon #KS-MS-0027
BBB A+ Accredited Business
Serving the Greater Kansas City Metro Area
Eastern Kansas/Western Missouri
http://www.metrospeckc.com
"If opportunity doesn't knock, build a door"--Milton Berle
Reply With Quote
  #5  
Old 1/2/11, 5:05 PM
Michael Larson's Avatar
Michael Larson Michael Larson is offline
InterNACHI Member
 
Join Date: May 2006
Location: Hudson, WI including the Twin Cities of MN
Posts: 32,087
Default Re: Short restaurant stocks now.

Here is why food prices are going up this year and profit margins those selling them will be squeezed if they can't pass the increase to you.

http://finviz.com/futures_charts.ashx?t=GRAINS&p=w1



You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

Michael Larson
Hudson, WI

Services provided in East MN and West WI

Reply With Quote
  #6  
Old 1/2/11, 11:10 PM
Brian K. Smith's Avatar
Brian K. Smith Brian K. Smith is offline
InterNACHI Member
 
Join Date: Dec 2004
Location: Ripon,CA
Posts: 1,451
Send a message via AIM to bsmith2
Default Re: Short restaurant stocks now.

In our town in 2010 I have to use both hands to count on how many of the LARGE restaurants have closed up shop...Black angus, Hungry Hunter just to name a few....
Reply With Quote
  #7  
Old 1/3/11, 8:49 AM
Joseph A. Ferry's Avatar
Joseph A. Ferry Joseph A. Ferry is offline
InterNACHI Member
 
Join Date: May 2008
Location: Philadelphia, PA
Posts: 1,813
Default Re: Short restaurant stocks now.

We're in the very best of hands.



Joseph A. Ferry, Esquire
Suite 200
Two Penn Center Plaza
Philadelphia, PA 19102

215-854-6444 tel.
215-243-8202 fax

Visit my website.

Follow me on Twitter.

Email me. Don't send me a private message.
Reply With Quote
  #8  
Old 1/3/11, 9:05 AM
George A. H. Luck's Avatar
George A. H. Luck George A. H. Luck is offline
InterNACHI Member
 
Join Date: Mar 2004
Location: LANSDOWNE, ON
Posts: 3,193
Default Re: Short restaurant stocks now.

Can anyone say 'ethanol'?
Reply With Quote
  #9  
Old 1/3/11, 9:21 AM
Roy D. Cooke, Sr's Avatar
Roy D. Cooke, Sr Roy D. Cooke, Sr is offline
InterNACHI Member
 
Join Date: Aug 2003
Location: Brighton, ON
Posts: 14,618
Default Re: Short restaurant stocks now.

Bingo!



Need help on inspection call my cell 613-827-2011

I like email Roycooke@hotmail.com

Never wrestle with a pig (however titled) as you just get dirty and the pig has all the fun.



Reply With Quote
  #10  
Old 1/3/11, 9:26 AM
Joe Funderburk, CMI's Avatar
Joe Funderburk, CMI Joe Funderburk, CMI is online now
InterNACHI Member
 
Join Date: Dec 2005
Location: Hickory Grove, SC
Posts: 8,343
Send a message via Yahoo to jfunderburk
Default Re: Short restaurant stocks now.

We are burning corn in our cars (thanks to government subsidies), which drives up the cost of corn which is in a large % of our food (including livestock feed). Yet most agree, that the true cost of growing corn for ethanol is higher than what it would cost to produce straight gasoline.

I agree with JF, we are in good hands...community organizers are subject matters experts when it comes to economics.



“The things that will destroy America are peace at any price,
prosperity at any cost, safety first instead of duty first,
the love of soft living, and the get-rich-quick theory of life.”
Theodore Roosevelt


Joe Funderburk, CMI
Alpha & Omega Home Inspections, LLC
Inspecting Upstate SC & Charlotte Metro, NC
NACHI ID: NACHI05120170
www.aohomeinspection.com


Reply With Quote
  #11  
Old 1/3/11, 9:59 AM
Gary Farnsworth Gary Farnsworth is offline
InterNACHI Member
 
Join Date: Mar 2008
Location: Olathe, KS
Posts: 3,715
Default Re: Short restaurant stocks now.

In most cities, there is ethanol in our gas. In one city south of me, you can buy 100% gasoline. It is about 10 cents per gallon higher, but your mileage is 2 to 6 more miles per gallon.

http://www.kansascity.com/2010/12/20...-epa-over.html

Engine manufacturers are suing EPA to get the standards relaxed due to possible engine failures in older vehicles. I believe it actually costs more to manufacture a gallon of ethanol than gasoline. I know it is more environmentally friendly, but cars use more gas when ethanol is added. (When you burn more fuel, do you actually add to the pollution?)

http://www.nbcactionnews.com/dpp/mon...hanol-free-gas

It is amazing that private people that are not involved with the political processes and do not vote on laws, are actually the ones running governments and making lawmakers vote for what these "private people" want.



CMI, CPI, KS #0110-0094 Termite #16601
KS Radon #KS-MS-0027
BBB A+ Accredited Business
Serving the Greater Kansas City Metro Area
Eastern Kansas/Western Missouri
http://www.metrospeckc.com
"If opportunity doesn't knock, build a door"--Milton Berle

Last edited by gfarnsworth; 1/3/11 at 10:02 AM..
Reply With Quote
  #12  
Old 1/3/11, 4:12 PM
Joseph A. Ferry's Avatar
Joseph A. Ferry Joseph A. Ferry is offline
InterNACHI Member
 
Join Date: May 2008
Location: Philadelphia, PA
Posts: 1,813
Default Re: Short restaurant stocks now.

The cost of good food - fruits, vegetables, grass fed beef, eggs from free range chickens, free range poultry [the food on the perimeter of your supermarket layout] - is always going to be higher than the cost of crappy food - the stuff advertised heavily on television and, in general, anything that your grandmother would not recognize as food [the food on the interior of your supermarket].

I'll never forget my Irish-immigrant mother, who seldom watched television, shaking her head and remarking after seeing a commercial for a product called Sizzlean [sp?], "These Yanks will eat anything!"

Not this Yank. Thanks, Mom.



Joseph A. Ferry, Esquire
Suite 200
Two Penn Center Plaza
Philadelphia, PA 19102

215-854-6444 tel.
215-243-8202 fax

Visit my website.

Follow me on Twitter.

Email me. Don't send me a private message.
Reply With Quote
  #13  
Old 1/3/11, 4:31 PM
Roy D. Cooke, Sr's Avatar
Roy D. Cooke, Sr Roy D. Cooke, Sr is offline
InterNACHI Member
 
Join Date: Aug 2003
Location: Brighton, ON
Posts: 14,618
Default Re: Short restaurant stocks now.

Sizzlean

From Wikipedia, the free encyclopedia

Jump to: navigation, search
Sizzlean is a cured meat product manufactured throughout the 1970s and 1980s as a purportedly healthier alternative to bacon. It was originally produced by Swift & Co, and later by ConAgra Foods. While it is no longer widely available, at least one wholesale establishment still sells it.[1]
Sizzlean was the subject of a memorable series of commercials featuring the tagline 'Move over, bacon, there's something leaner!".
[edit] References
  1. ^ SouthWest Wholesale Foods seff.com
[edit] External links
This meat-related article is a stub. You can help Wikipedia by expanding it. v • d • e
Retrieved from "http://en.wikipedia.org/wiki/Sizzlean"
Categories: Breakfast foods | Meat | Meat stubs



Need help on inspection call my cell 613-827-2011

I like email Roycooke@hotmail.com

Never wrestle with a pig (however titled) as you just get dirty and the pig has all the fun.



Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Short Sales: A Fraying Lifeline for Homeowners jburkeson1 Miscellaneous Discussion for Inspectors 4 10/6/09 3:52 PM
Pre-inspection can help a home sell more quickly wdevries Canadian Inspectors 5 7/6/08 11:33 AM
How Long Does It Really Take To Sell Your Home? jburkeson1 General Inspection Discussion 1 2/13/07 6:02 AM
Preemptive Spark Helps Find Electrical Short Circuits In Airplanes mbledsoe Electrical Inspections 0 6/21/06 2:30 PM


All times are GMT -4. The time now is 10:45 PM.


Popular Sections

:

All Sections

Inspection News

InterNACHI Membership

Inspection Standards

Inspection Education

InterNACHI Inspectors

Inspection Links

 

 

 

NACHI.ORG Statistics

 

 

no new posts