Having largely escaped the wrath of Hurricane Katrina and
vigorously strengthened its position in the pectin, lecithin and
flavor sectors, Cargill has reported a two percent rise in first
quarter 2006 net earnings.
Bunge Agribusiness Singapore, has agreed a 10-year exclusive
throughput agreement with Phu My Port inVietnam. The agreement aims
to enhance Bunge's position as the leading supplier of soybean meal
to the growing Vietnamese animal...
Archer Daniels Midland (ADM) - the US' leading food processor - has
reported record third quarter results across all its segment
operations. The company's processing segments benefited from
rallies in corn and soybean futures...
The decision by meat processing giant Tyson to consolidate two
poultry manufacturing operations in Mississippi represents yet more
upheaval for America's meat processing industry. The firm's
decision, which follows a comprehensive...
Food ingredients giant Cargill this week reported $319 million in
earnings from continuing operations for the 2003 second quarter, a
25 per cent rise on last year's figure of $256 million. The
company's net income for the...
Pilgrim's Pride, the US-based poultry producer, has announced that
following an outbreak of flu that decimated its stocks and
subsequent disappointing financial results, it is to consolidate a
number of its processing operations.
US food company Cargill, the new owner of French starch
manufacturer Cerestar, reported $161 million (€182m) in earnings
for the third quarter ended February 28, up 63 per cent from $99
million earned in the same period a year ago.