Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
Agricultural commodities group Cargill has booked a 300% jump in first-quarter profit, which was boosted by higher demand for its services due to a drop in yields resulting from poor weather, particularly in the US. The company said ...
Tags: first-quarter profit, grain availability, grain growing
Back in 2006,USDA's Advisory Committee on Biotechnology and 21st Century Agriculture published a report predicting what U.S.and world agriculture might look like in 2015.That's basically two years away from now,close enough to apply a ...
Gov. Jay Nixon visited Senath to recognize Charles Parker, co-owner of Parker & Jones Cotton Farm, with the Governor's Award for Agricultural Achievement, which honors outstanding farmers, growers and processors for their work with ...
Tags: cotton industry, cotton market, cotton farm
Dutch ingredients group DSM has signed a deal to buy US food additive producer Fortitech in a deal worth EUR495m(US$630.8m). The acquisition,the second for DSM in the last month,is an all-cash transaction and is expected to close this ...
Tags: deal, acquisition, food additive, net sales
BlackRock Inc. (BLK), the world’s biggest money manager, said producers of seeds and farming equipment make a better investment than agricultural commodities as new technologies boosting production may lead to lower food prices. World ...
Tags: market view, farming equipment