Operating income of the Commodity Trading and Milling Division of Seaboard Corp. in the first quarter ended March 30 decreased 52% to $12,328,000 from $25,693,000 in the same period a year ago.
British retail major Marks & Spencer (M&S) has unveiled a new distribution center in Castle Donington, Leicestershire, England, as part of a plan to emerge as an international, multi-channel retailer.
Pocono Produce Co., Inc., Stroudsburg, Pa ., unveiled a new brand identity to more accurately market its current capabilities and product offerings to the foodservice and retail industries.
Strong growth is expected for global wheat, coarse grains and rice production in 2013, according to early forecasts published in the May issue of the UN’s FAO monthly Cereals Supply and Demand Brief.
Coca-Cola Bottling Company Consolidated has reported net sales of $383.55m in the first quarter (Q1) of 2013 compared to $377.18m in the same period in 2012.
Belgium-based food retailer Delhaize Group has reported 1.45% increase in revenues to €5.52bn for the first quarter (Q1) of 2013, compared to €5.44bn in the same period in 2012.
Producer prices - a barometer of future inflation - continued to decline in China in April, pointing to lingering weak market demand and a tepid recovery in the world's second-largest economy.
Britain's No. 4 grocer, Wm Morrison Supermarkets, said quarterly underlying sales fell again, as its limited exposure to convenience stores and lack of an online food offer continued to hurt.
US-based Tyson Foods has reported that its net income decreased by 42.77% to $95m for the second quarter of 2013, compared with $166m for the same quarter in 2012.
Indian finance ministry has raised concerns with the department of industrial policy and promotion (DIPP) over a possible violation of the FDI policy on single-brand retail by UK-based retailer Marks & Spencer (M&S).
Coca-Cola Amatil Limited (CCA) announced at its Annual General Meeting on 7 May 2013 that it expected to see a decline or 8 to 9 per cent in earnings before interest and tax (EBIT) for the first half of the 2013 financial year.
The increased popularity of new age snacks from other categories ranging from energy bars to dried seaweed is among threats facing the baking industry, two food trend analysts said.
The consensus among city analysts is that Morrisons will report a 2% fall in underlying sales for the first quarter of its financial year, following a 2.1% reverse over the previous 12 months.
CommAuction S.A, a Uruguay-based High Tech International Food Auction Company will unveil their revolutionary Internet Site at SIAL CHINA 2013, to be held at the New Shanghai Expo Exhibition Center May 7-9, 2013.
