Winning Sainsbury’s liquid milk contract has put Dairy Crest on track to reach its dairies division target of 3% operating profit margin, according to City analyst Panmure Gordon. Dairy Crest is on track to deliver 2.8% operating ...
Tags: liquid milk contract, Dairy Crest, dairies
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
Last week may have been the first week back at our desks after the new year, but we hit the ground running with news that Unilever sold its Skippy peanut butter business to Hormel Foods. At first glance, a mainstream brand like Skippy ...
Tags: Skippy peanut butter, Hormel Foods, Skippy, company news
The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...
Tags: sharemarket, US politicians, fiscal cliff, stocks
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of Gold Newsletter. Lundin, who also organizes the New ...
Tags: Finance, Gold, Rare Earth, Metallurgy
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
US poultry giant Sanderson Farms has reported an annual profit thanks to higher poultry prices and increased production. The return to profitability reflected higher production In the 12 months to the end of of October, earnings ...
Tags: annual profit, higher poultry prices, increased production, production
Canadian food manufacturer Maple Leaf Foods has booked a drop in first-half profits. In the six months to the end of June, net earnings amounted to C$33.3m (US$33.2m), a 5.2% decline on the prior year. Adjusted operating earnings, ...
Tags: profits, food manufacturer, food, net earnings
(i) GDP Data In 2005, XPCC realized a total output value of 33.112 billion Yuan including an output value of primary industry of 13.064 billion Yuan, that of secondary industry of 8.335 billion Yuan, that of tertiary industry of 11.713 ...
Tags: XPCC, survey, economy, investment
Shares in Dairy Crest were higher this morning (24 September) after the UK dairy group said its expectations for annual profits had not changed despite a "challenging" first half of the year. In a trading update, Dairy Crest admitted ...
Tags: Dairy, FY profit, H1 problems
Cargill CFO Sergio Rial is to leave the US agribusiness giant at the end of the month, the company announced today (2 November). Rial is returning to his native Brazil for "personal reasons", Cargill said. David MacLennan, the group's ...
Tags: Cargill, interim basis, food businesses