WASHINGTON, April 18- The U.S. government launched on Friday a probe into allegations that cheap imports of Mexican sugar are causing nearly $1 billion in damages in the local market, even as the Mexican representatives made a formal rebuttal of the accusations.» Read More
WASHINGTON, April 11- A trade group representing U.S. food and beverage makers has asked U.S. authorities not to go ahead with a proposed dumping case against the Mexican sugar industry, as a coalition of sugar cane and beet producers recently urged.
MADRID, April 9- Some of the owners of the world's top olive oil bottler Deoleo are rethinking plans to sell, sources said, after the Spanish government revealed its interest in buying into what it sees as a nationally strategic company. Deoleo said on Wednesday private equity firm CVC had made the highest offer for the company.
PANAMA CITY, April 2- U.S. fructose exports to Mexico may suffer if the United States seeks to slap anti-dumping duties on imports of Mexican sugar and local farmers seek retaliation, Mexican Economy Minister Ildefonso Guajardo said on Wednesday.
WASHINGTON, March 28- Several U.S. sugar cane and sugar beet groups on Friday asked the U.S. International Trade Commission to investigate what they called "dumped and subsidized" imports of certain sugar from Mexico, according to a filing with the commission.
Judge Cheryle Gering of the Union County Circuit Court ruled on Thursday that Beef Products Inc may pursue most of its case against ABC, a unit of Walt Disney Co, and others including news anchor Diane Sawyer and reporter Jim Avila.
Judge Cheryle Gering of the Union County Circuit Court ruled on Thursday that Beef Products Inc may pursue most of its claims against ABC, a unit of Walt Disney Co..
The bullish side can point to falling inventories in major exporter Malaysia, rising domestic demand in top producer Indonesia and the threat of lower supply as the likelihood of an El Nino weather event increases this year.
March 14- Smithfield Foods Inc, the world's largest pork processor, suspended hog slaughter at its Tar Heel, North Carolina, plant on Friday because of the spread of the deadly Porcine Epidemic Diarrhea virus which has tightened hog supplies, industry sources said.
KUALA LUMPUR, March 5- Palm oil futures are set to climb for a second year, driven by crop damaging dry weather and Indonesia's higher biodiesel mandate, although bumper global oilseed supplies and weak demand from key consumers could cap gains.
HAVANA, March 4- For the third consecutive year Cuba's reorganized sugar industry is failing to perform up to expectations, increasing pressure on the government to open up the once proud sector to foreign investment. But the harvest is 20 percent behind schedule, sugar reporter Juan Varela Perez wrote recently in Granma, the Communist Party daily.
Feb 20- Wilmar International, the world's largest palm oil processor, has written to hundreds of suppliers urging them to stop clearing rainforests and peatlands. The Singapore- listed firm has given its entire supply chain until end-2015 to comply with its "No Deforestation, No Peat, No Exploitation" policy.
*New Zealand's sheepmeat trade to China up fivefold to $550 mln. WELLINGTON/ SYDNEY, Feb 7- At a sprawling plant run by New Zealand's biggest meat processor, rows of lamb carcasses hang from meathooks on their way to a cutting room to be chopped, trimmed and shipped out in increasing quantities to China.
Tyson Foods said it expects pork supplies to drop 2-4 percent this fiscal year, raising wholesale prices, as a pig virus spreads.
Jan 31- Tyson Foods Inc, the largest U.S. meat processor, said on Friday it expects pork supplies to drop 2 to 4 percent this fiscal year, raising wholesale prices, as a deadly pig virus spreads through the U.S. hog belt. The U.S. hog herd stood at 65.9 million head as of December 2013, U.S. Department of Agriculture data showed.
*First-quarter earnings/shr $0.72 vs est $0.63. Jan 31- Tyson Foods Inc, the largest U.S. meat processor, reported first-quarter results that beat analysts' expectations, helped by higher chicken and beef sales. Net income attributable to Tyson rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier.
Jan 31- Tyson Foods Inc, the largest U.S. meat processor, posted a 47 percent rise in first-quarter profit, helped by a rise in sales of chicken and beef. Net income attributable to Tyson rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier. Revenue rose 5 percent to $8.76 billion in the quarter ended Dec. 28.
CHICAGO, Jan 9- U.S. agribusiness giant Cargill Inc on Thursday reported a 36 percent rise in quarterly profit, supported by a bigger U.S. crop harvest in 2013 that led to lower grain prices and boosted profit margins on meat sales.
CHICAGO, Jan 9- U.S. agribusiness giant Cargill Inc on Thursday reported a 36 percent rise in quarterly profit, supported by a bigger U.S. crop harvest in 2013 that led to lower grain prices and improved meat margins.
MADRID, Dec 23- Mexican frozen food company Sigma and Shuanghui International Holdings of China have signed an agreement to share ownership of Spanish meat processor Campofrio, cooling hopes of a bidding war.
INDORE, India Dec 20- India is likely to import a record 4 million tonnes of refined palm oil in 2013/ 14 as export taxes in key supplier Indonesia make it cheaper than the crude variety, an executive at India's top edible oil buyer said.