Wednesday, November 17, 2010

Heirarchy



(click on image to enlarge)

If you go to Wal-Mart's investor presentation at: http://media.corporate-ir.net/media_files/irol/11/112761/Transcripts/3Q11_transcript.pdf

on page 15 is: "Produce and dairy were our strongest categories." Note above what Dean is saying.

Supermarkets wear the pants in the dairy industry - they are on top. Next comes the processors and the farmers get what is left.

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