Sanderson Farms, Inc. narrowed its loss during the first quarter but still faced pressure from high grain and feed costs as well as week food service demand for chicken.
Consumer visits to convenience stores increased 4.6% in fourth quarter 2012, reflecting positive movement in key economic indicators and lower gas prices.
Norwegian farmed cod producer Codfarmers on Wednesday announced it would de-list its shares from the Oslo Stock Exchange due to severe financial challenges.
Camden, N.J.-based The Campbell Soup Co. reported a sales increase of 10 percent, with an organic sales increase of 1 percent, reaching $2.3 billion in the second quarter of the 2013 fiscal year.
The J.M. Smucker Co. is decreasing prices on most of its packaged coffee products in the United States, mainly products in the Folgers and Dunkin’ Donuts brands.
General Mills, Inc. is looking to extend its portfolio of breakfast products with the test marketing of Bfast, a shelf-stable liquid breakfast drink for consumers on the go.
Carlsberg has reported organic net revenue growth of 3% to DKK 67.2bn, with continued solid beer price/mix of +3%. Group operating profit of DKK 9.8bn in line with their guidance.
Cermaq reported profits of NOK 11 million (NOK 300 million) from high volume growth in feed offset by low salmon prices, especially in America and Japan.
The ACCC has launched an investigation into Coles and Woolworths over possible misuse of their market power and indications of “unconscionable conduct” in relation to deals with their suppliers.
Swiss food giant Nestlé has reported an 11.57% increase in its full year net earnings to CHF10.6bn in 2012, compared to CHF9.5bn in 2011, driven by growth in all regions across the world.
US dairy company Dean Foods has swung to a profit of $37m in the fourth quarter of 2012 driven by higher revenues, compared to a loss of $10m in the same period a year ago.
