Efficiency improvements and successful price negotiations are helping meat firm Cranswick offset the impact of rising feed costs, according to City analysts commenting on its interim results for the six months to September 30.
A plague of ‘zombie companies’ is threatening to suck the vitality out of the UK economy, according to leading insolvency experts, and the food manufacturing sector could be under threat.
The hordes of early Black Friday shoppers lining up outside big box stores across the St. Louis region on Thursday night welcomed the unseasonably warm temperatures as they waited for stores to open earlier than ever before.
Total beverage volumes were 4% ahead of the prior period on an organic basis with lager volumes up 4%, soft drinks volumes up 6% and other alcoholic beverages up 12%.
The retail cost of menu items for a classic Thanksgiving dinner including turkey, stuffing, cranberries, pumpkin pie and all the basic trimmings increased less than 1 percent this year, according to the American Farm Bureau Federation.
Over financial year 2011/2012 AVEBE was on average able to achieve good market prices. The good harvest brought an end to the scarcity of potato starch that marked financial year 2010/2011.
US-based food company Campbell Soup has reported that its net earnings decreased by 7.5% to $245m or $0.78 per share for the first quarter of 2013, compared to $265m or $0.82 per share for the corresponding period in the previous year.
Carrefour expresses its full confidence in CT Corp’s ability to continue to successfully develop the brand and strengthen its position in the Indonesian market.
December Corn finished up 4 1/2 at 743 1/4, 4 off the high and 9 up from the low. March Corn closed up 4 3/4 at 747 1/4. This was 9 1/4 up from the low and 3 3/4 off the high.
Global foodservice firm Compass Group has posted revenue 8% up at £16.9bn for the full year to September 30, reflecting strong growth in North America and emerging markets.
Net profit at Israeli food and drinks maker Strauss Group rose 14.5 percent in the third quarter, boosted by higher sales of coffee and its spreads and dips joint venture with PepsiCo.
Chile has seen a 10.8 per cent increase in exports from the fisheries and aquaculture sector during the first quarter of 2012 in comparison to the same period of 2012.
