Agricultural Producers
More
-
NEWPORT NEWS, Va.-- A Canadian seafood processing company will spend about $6.6 million to upgrade a facility it owns in Newport News. McDonnell's office says Virginia successfully competed against Georgia and South Carolina for the project. Virginia approved a $250,000 grant from the Governor's Opportunity Fund to assist Newport News in landing the project.
-
JAKARTA, May 10- The president of Indonesia, home to the world's third-largest tropical forests and a powerful palm oil industry, has agreed to extend a ban on forest clearing, a government official said on Friday.
-
*Senate committee to debate immigation bill on Thursday. WASHINGTON, May 8- Foreign workers could gain visas for year-round work in U.S. meat processing plants under a proposal by the meat industry and the meatpackers union for immigration reform designed to create a steady supply of workers for slaughterhouses.
-
SINGAPORE, May 8- Shares of Wilmar International Ltd rose as much as 3 percent in early trade on Wednesday after the Singapore palm oil firm posted a 23 percent rise in first-quarter net profit, largely due to a recovery in its oilseeds and grains segment.
-
SE ASIA STOCKS-Malaysia up on post election rally; Thai SET index hits 1,600 STOCKS TO WATCH-- WILMAR INTERNATIONAL LTD. -Singapore palm oil firm Wilmar posted a net profit of $315.4 million in the first quarter, up 23.3 percent from a year earlier.
-
SINGAPORE, May 8- Singapore palm oil firm Wilmar International Ltd reported a 23 percent rise in first-quarter net profit on Wednesday, largely due to a recovery in its oilseeds and grains segment.
-
*Quarterly adjusted profit $0.36/ shr vs Street view $0.45/ shr. *Sales rise to $8.42 bln vs analysts' view of $8.58 bln. May 6- Tyson Foods Inc, the largest U.S. meat processor, reported a weaker-than-expected quarterly profit as shoppers and restaurants switched to cheaper chicken from beef, and the company cut its full-year sales forecast.
-
*Mewah, Wilmar lead palm oil charge to Iran. KUALA LUMPUR, April 29- Iran is having to pay a premium for basic foodstuffs such as cooking oil, highlighting the increasing strain on Tehran from Western sanctions aimed at its disputed nuclear programme, even though the sanctions don't cover food.
-
*Mewah, Wilmar lead palm oil charge to Iran. KUALA LUMPUR, April 29- Iran is having to pay a premium for basic foodstuffs such as cooking oil, highlighting the increasing strain on Tehran from Western sanctions aimed at its disputed nuclear programme, even though the sanctions don't cover food.
-
London Sumatra's shares dropped 2.29 percent to 1,690 rupiah after the company said its first quarter net profit slumped 66.4 percent to 100.52 billion rupiah compared with the previous year.
-
BRUSSELS, April 25- Everyone knows Belgium's world famous gastronomic delights are crisp waffles, mayonnaise-covered fries, potent beers and decadent chocolates. "People relate it with an old, sentimental candy, something from the old days," Jo Geldhof, whose family factory is the biggest maker of the traditional treat, told Reuters.
-
April 9- Agribusiness company Cargill Inc said on Tuesday that quarterly earnings fell 42 percent as a historic U.S. drought pressured its meat processing operations.
-
April 9- Agribusiness company Cargill Inc said on Tuesday that quarterly earnings fell 42 percent as a U.S. drought pressured its meat processing operations.
-
*Brazil, Thai mills operating at near production cost. *Brazil cane area up, Russian beet acreage seen down. LONDON, April 4- Top sugar exporters Brazil and Thailand are raising production to cut costs in an effective price war, aggravating an already heavily oversupplied global market as values slide to the lowest levels in over 2-1/ 2 years.
-
CHICAGO, April 3- BBQ fans, brace yourselves: "Pork butt" will soon be a thing of the past. The revised nomenclature emerged after two years of consumer research, which found that the labels on packages of fresh cuts of pork and beef are confusing to shoppers, said Patrick Fleming, director of retail marketing for trade group National Pork Board.
-
Excess cash plus easy access to credit is driving up land values across the Midwest, stoking fears that a farmland bubble is building that may soon burst. USA Today reports.
-
*Liberia seeking investment to rebuild after war. DAKAR, March 22- Liberia's largest palm oil company, Golden Veroleum, needs to review its social and environmental policies after its workers damaged graves, cleared existing crops and polluted creeks, according to an independent study it commissioned.
-
ZURICH, March 13- Nestle, the world's biggest food company, published on Wednesday a raft of social and environmental targets it aims to meet by 2020, including better labelling of its products, only using sustainable palm oil and cutting greenhouse gas emissions.
-
OSLO, March 8- Norway's $710 billion sovereign wealth fund has pulled out of 23 Asian palm oil companies after accusing them of causing deforestation, winning praise from environmentalists. It said it sold stakes in the firms after a review of companies that have cleared forests for palm oil plantations in Malaysia and Indonesia.
-
*Sabah is country's top palm oil growing region. Singapore's Wilmar International and Malaysia's KL Kepong and Kwantas Corp own the refineries and have been slowing operations following a curfew imposed by authorities last week after Filipino gunmen attacked Malaysian security forces in Sabah.