A "coalition" of UK farming organisations has unveiled a ten-point plan that it claims will help secure the long-term future of the country's dairy industry. The plan, agreed by all members of the Dairy Coalition, focuses on "exposing bad ...
Tags: Campaign Strategy, Dairy, dairy industry
Concern over the impact higher pig prices could have on UK meat processor Cranswick sent the company's shares falling today (8 October). Cranswick, which reported a 6% increase in first-half sales, said the increasing cost of animal feed ...
Tags: Pig Prices, Cranswick Shares, meat processor
Belgium-based Ter Beke has said it does not expect its 2012 results to exceed that of last year, as a result of increasing production costs. In a trading update, the company said increased volumes, price increases and "a far-reaching cost ...
Dairy Crest has said it is "on track" to up the price it pays farmers for milk after postponing plans to cut prices amid the fierce protests this summer. The UK dairy processor, which owns brands including Cathedral City cheese and ...
Tags: Milk Price, voluntary code, legal approval
Shares in Dutch food group CSM closed up today (8 August) after the company reported half-year profits that beat analyst forecasts and it provided an update on the planned sale of its bakery business. CSM shares finished 3.05% higher on ...
Tags: Dutch food, bakery businesses, net sales
Dutch ingredients group CSM said its first-quarter profits were down by more than a quarter today (24 April), as weakness at its bakery supplies unit continued to weigh on the group's results. EBITA excluding one-off costs in the first ...
Tags: Csm Profits, Dutch ingredients group, industry channels
Shares in UK meat processor Cranswick were up this morning (26 November) after the company said talks to secure price increases to offset higher costs were "progressing well". An increase in feed costs and upcoming EU legislation on ...
Tags: meat processor, feed costs, animal welfare
B&G Foods has reported higher first-half profits as last year's acquisition of a clutch of brands from Unilever continued to benefit the US food group. The company yesterday (19 July) booked a 26.6% increase in net income to US$32.8m for ...
Tags: B&G Foods, Unilever Brands, US food
Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period. The Brazilian meat company said net income fell to BRL91m (US$44m) in the three months, down from BRL365m in the ...
Tags: Foods, meat company, grain prices, feed costs, profit
Swiss meat processing company Bell Group said it is "holding up well", despite booking a drop in first-half profits today (9 August). The company said it faced a "difficult" trading environment in the six-month period as net profit ...
Tags: Bell Group, meat processing company, meat, meat processing
Canadian food and drink manufacturer Lassonde Industries has booked an increase in first-half profits. In the six months to the end of June, earnings climbed 16.8% to C$21.6m (US$21.7m). The acquisition of juice firm Clement and Pappas & ...
Tags: food manufacturer, drink manufacturer, profits, food, drink
Arla Foods is to increase the price it pays its co-operative members in the UK for milk in a move, it said, would "build confidence" in the UK dairy industry. The Cravendale milk owner said it will now pay 29.5ppl for milk supplied by ...
Tags: Arla Foods, milk, dairy industry, Arla Foods Milk
Singapore agribusiness giant Wilmar International has booked a drop in first-half profits as the group suffered losses in its oilseeds and grains business. In the six months to the end of June, Wilmar recorded a net profit of US$373m, ...
Tags: Wilmar International, first half profits, food industry, food
Brazilian food group Brasil Foods has said it will look to increase prices to offset the recent spike in commodity costs. The company yesterday (14 August) reported a slump in half-year profits that was partly thanks to a spike in grain ...
Tags: Brasil Foods, Foods, food group, food prices
Ink manufacturer Sun Chemical has announced a price increase for its European customers across all its products, effective from 1 January In a statement, Sun Chemical said that the percentage increase will be in the high single digits ...
Tags: ink, raw material, key materials, weaker value of the Euro