Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of the country's drought pushing corn prices up. ADM COO Juan Luciano told analysts yesterday (31 July) the company has ...
Tags: Archer Daniels Midland, investment, corn price, food industry
Australasian food company Goodman Fielder has agreed to sell Champion Milling in New Zealand for NZ$51m ($42.43m) to Nisshin Flour Milling, a leading miller in Japan. This deal is a part of the company's plan to focus on core categories ...
Tags: food, sell, Champion Milling, flour, flour milling
III . Investment i. Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People's Republic of China Customs Law of the People's Republic of China Law of the People's Republic of China on Import and ...
Tags: Shananxi, business, introduction to Shananxi, Shananxi economy, survey
(i)Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People’s Republic of China Customs Law of the People’s Republic of China Law of the People’s Republic of China on Import and ...
Tags: Zhejiang province, survey, economy, investment
Dairy Crest has booked a 16% drop in first-half adjusted profits as continued difficulties at its milk unit weighed on the bottom line. The Cathedral City cheese maker said adjusted pre-tax profit fell to GBP19.1m (US$30.5m) for the six ...
Tags: pre-tax profit, Sales drop, milk sector
Smithfield Foods today (6 December) reported a slump in second-quarter profits but the US pork group's shares rose as underlying earnings beat forecasts. The company booked a 91% drop in net income for the three months to 28 October after ...
Tags: Debt, charges, Debt Charge
III . Investment i. Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People's Republic of China Customs Law of the People's Republic of China Law of the People's Republic of China on Import and ...
Tags: Sichuan, business, introduction to Sichuan, Sichuan economy, survey
LED manufacturer Cree has introduced a new 10-year warranty on almost all of its new commercial lighting fixtures. With leading LED research and development,a strong financial balance sheet and some of the industryas longest-running field ...
Tags: LED, 10-year warranty, new commercial lighting fixtures
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Booker has said Makro's performance in the second quarter was "challenging" as the firm booked an increase in group sales. Sales in the 12 weeks to 14 September 2012 climbed 4.3% and 3.3% in the first 24 weeks of the year. The wholesale ...
Tags: food wholesaler, food industry, tobacco sales, tobacco
US egg firm Cal-Maine Foods has booked an increase in full-year profits as gains from a new venture in the speciality egg market more than offset higher costs from its fresh shell eggs. In the 12 months ended 2 June, net profit climbed ...
Tags: egg Foods, egg market, fresh shell eggs, eggs
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
US pasta and pesto manufacturer Armanino Foods of Distinction has booked an increase in third-quarter profits and sales, driven by growth in all areas of the business. In the three months to the end of September, net profit climbed 16.5% ...
Tags: Armanino Foods, pasta, pesto, Foods
The established markets of UK meat processor Hilton Food Group are under pressure, according to analysts, despite first-half results coming in above some expectations. The company this morning (11 September) reported flat half-year ...
Tags: Hilton, meat processor, Food Group, Food