Indian soyoil futures fell on Monday in line with overseas markets where palm oil futures dropped, but soybean edged up, extending last week's gains, as planting lagged last year's acreage.
Food ingredient distributor Processor's Choice will build a $10m facility in the Moody Commerce Park, Alabama, according to St. Clair County Economic Development Council.
Golden Peanut Company LLC has acquired the assets of SA Groundnut Marketing (PTY) Ltd. (SAGM), which will become part of Golden Peanut and Tree Nut S.A.
Wilmar International Limited, Asia’s leading agribusiness group, posted a 22% decline in net profit to US$170.7 million for the quarter ended June 30, 2014 (“2Q2014”).
Afriplex, producer and supplier of wellness product solutions from source to shelf, has founded a joint venture with Doehler, the global active specialist of ingredients and ingredient systems, located in Darmstadt, Germany.
Kerry Group has reported a 3% increase in first half trading profit to €275 million, reflecting 7.1% like-for-like growth, on revenue down 1.9% to €2.9 billion, impacted by the adverse currency factors.
Since the outbreak of E. coli O104:H4 food poisoning in 2011, shiga toxin-producing E. coli (STEC) strains have become a key area of concern for the food industry, notes Campden BRI
DSM has reported second quarter 2014 EBITDA from continuing operations of €293 million compared to €332 million in Q2 2013, and €272 million in Q1 2014.