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Food Products Agricultural Producers

  • *Malaysian Palm Oil Board data due Dec 13, after 0430 GMT. KUALA LUMPUR, Dec 5- Malaysia's stockpile of palm oil for November is expected to have grown at its sharpest monthly pace in five months, with a slump in exports outpacing a drop in production. Palm was up 0.9 percent at 3,104 ringgit per tonne at the midday break on Monday.

  • *Wilmar acknowledges "labour issues" in Indonesia palm oil sector. JAKARTA, Nov 30- Global consumer companies, including Unilever, Nestle, Kellogg and Procter& Gamble, have sourced palm oil from Indonesian plantations where labour abuses were uncovered, Amnesty International said on Wednesday. Children as young as eight worked in "hazardous" conditions at palm...

  • KUALA LUMPUR, Nov 30- Human rights abuses at palm oil plantations are going unpunished by the industry watchdog due to weak rules, critics say, as an Amnesty International report on Wednesday exposed severe violations at Indonesian plantations. "Simply put, the RSPO does not protect workers and is unable to provide truly responsible palm oil," said Emma Lierley,...

  • *Wilmar acknowledges "labour issues" in Indonesia palm oil sector. JAKARTA, Nov 30- Global consumer companies, including Unilever, Nestle, Kellogg and Procter& Gamble, have sourced palm oil from Indonesian plantations where labour abuses were uncovered, Amnesty International said on Wednesday. Children as young as eight worked in "hazardous" conditions at palm...

  • KUALA LUMPUR, Nov 30- Human rights abuses at palm oil plantations are going unpunished by the industry watchdog due to weak rules, critics say, as an Amnesty International report on Wednesday exposed severe violations at Indonesian plantations. "Simply put, the RSPO does not protect workers and is unable to provide truly responsible palm oil," said Emma Lierley,...

  • JAKARTA, Nov 30- Global consumer companies, including Unilever, Nestle, Kellogg and Procter& Gamble, have sourced palm oil from Indonesian plantations where labour abuses were uncovered, Amnesty International said on Wednesday. Children as young as eight worked in "hazardous" conditions at palm plantations run by Singapore- based Wilmar International Ltd and...

  • Mehmet Oz on Tuesday under a largely untested Georgia food libel law, objecting to his claims that much of the imported extra virgin olive oil sold in U.S. supermarkets may be fake. Some members of the trade group conduct business in Georgia. The suit said Oz, host of a popular daytime TV talk show devoted to health issues, violated the Georgia law when he stated that...

  • *More biodiesel use in Indonesia, U.S. to tighten supply. NUSA DUA, Indonesia/ SINGAPORE, Nov 25- Lower output of palm oil and tight supplies of rival soybean oil are likely to give a short-term boost to the tropical product which hit four-year highs this week, before an expected reversal late next year as production recovers. Higher mandates for biodiesel...

  • *But says Indonesia demand for biodiesel to rein in declines. NUSA DUA, Indonesia, Nov 25- Prices for crude palm oil will drop nearly 30 percent by the third quarter of 2017 as global production recovers from the effects of last year's El Nino weather pattern, leading industry analyst James Fry said on Friday. In both H1 and H2, world output will be around 3 million...

  • NUSA DUA, Indonesia, Nov 25- Output of crude palm oil in world No.1 producer Indonesia could increase by up to 16 percent to between 32 million and 33 million tonnes next year, an industry group said on Friday. "In 2016, Indonesia experienced a wet dry season, which is favorable for oil production, so we expect that production will be back to its normal trend," said Fadhil...

  • Nov 21- Tyson Foods Inc shares tumbled more than 14 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said well-regarded Chief Executive Officer Donnie Smith would step down at the end of the year. Smith's departure surprised some on Wall Street, who regard him as the company's most successful CEO.

  • Nov 21- Tyson Foods Inc shares tumbled almost 15 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said Chief Executive Officer Donnie Smith would step down at the end of the year. Tyson expects profit of $4.70 to $4.85 a share in the year ending September 2017, below analysts' average estimate of $4.98.

  • Nov 21- Tyson Foods Inc shares tumbled almost 16 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said Chief Executive Donnie Smith would step down at the end of the year. The seller of Jimmy Dean sausage and Ball Park hot dogs expects profit of $4.70 to $4.85 a share in the year ending September 2017, below...

  • Nov 21- Tyson Foods Inc reported a lower-than-expected quarterly profit on Monday and said Chief Executive Donnie Smith would step down at the end of the year as the No. 1 U.S. meat processor looked to sell more branded prepared foods. "The board's decision to name Tom CEO at this time was based on both his track record and how his skills align with the company's...

  • *4th- qtr profit $0.96/ shr vs. est. Nov 21- Tyson Foods Inc posted a lower-than-expected quarterly profit and said Chief Executive Donnie Smith would step down at the end of the year as the No. 1 U.S. meat processor looks to expand its presence in branded prepared foods. Tyson, whose shares were down 13.8 percent in premarket trading on Monday, said its president, Tom...

  • Nov 21- Tyson Foods Inc reported a 12.8 percent drop in quarterly revenue, hurt by lower sales of beef and chicken, and said Chief Executive Donnie Smith would step down at the end of the year. The No. 1 U.S. meat processor said sales in the fourth quarter ended Oct. 1 fell to $9.16 billion from $10.51 billion a year earlier. However, net income attributable to Tyson rose to...

  • JAKARTA, Nov 17- Indonesia's crude palm oil output likely rose for a sixth month in October while exports were seen rising as buyers build up inventories. CPO production likely increased by 5.6 percent to 3.06 million tonnes, according to the median estimate in a survey of three industry associations and a state palm research firm. Indonesian Palm Oil...

  • A new report has called for taxes to be added to food prices in order to reduce greenhouse gas emissions and prevent obesity-related deaths.

  • KUALA LUMPUR, Nov 7- Some activist groups are withdrawing support for the palm oil body that provides sustainability certificates for the industry, saying it is biased towards producers and its complaints panel is flawed. Aidenvironment, an Amsterdam- based green group, could become the latest to cut ties with the Roundtable on Sustainable Palm Oil over what it...

  • Nov 2- Canadian meat processor Maple Leaf Foods Inc reported a 70.4 percent jump in quarterly profit, helped by higher sales in its prepared meats business. Net earnings rose to C $31.8 million, or 23 Canadian cents per share, in the third quarter, from C $18.7 million, or 13 Canadian cents, a year earlier. Maple Leaf's total sales rose 4.1 percent to C $852.1 million.