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Agricultural Producers

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  • China slowdown is an opportunity: Huiyuan Juice  Tuesday, 2 Dec 2014 | 8:23 PM ET

    Zhu Xinli, Chairman at China Huiyuan Juice Group, the largest privately owned juice producer in the country, describes the firm's strategy amid the economy's structural adjustment.

  • TORONTO/ WINNIPEG, Manitoba, Dec 2- Cargill, Canada's biggest beef processor, is recalling ground beef sold by Wal-Mart Stores Inc that may be contaminated with E. coli, the Canadian Food Inspection Agency said on Tuesday. Cargill is recalling 31,000 pounds of beef produced at its Calgary, Alberta, plant, said Connie Tamoto, spokeswoman for the privately held...

  • TORONTO/ WINNIPEG, Manitoba, Dec 2- Cargill, Canada's biggest beef processor, is recalling ground beef sold by Wal-Mart Stores Inc that may be contaminated with E. coli, the Canadian Food Inspection Agency said on Tuesday. The agency said there have not been any reported illnesses associated with Cargill Meat Solutions' "Your Fresh Market" brand beef, which was sold...

  • Cuban sugar mill opens to begin a challenging harvest Saturday, 29 Nov 2014 | 12:22 PM ET

    HAVANA, Nov 29- Cuba has begun what looks set to be another difficult harvest for the once-proud sugar industry as it struggles to improve on output similar to a century ago. Cuba produced 1.6 million tonnes of raw sugar during its last annual harvest from November 2013 to May 2014, short of the 1.8 million tonnes planned, as hot and rainy weather, organizational and...

  • SATARA, India, Nov 20- After years of buying cooking oil sold in plastic bags at a village store, Indian farmer Kisan Pawar has made the jump to branded packs of soyoil from a retail chain. India's top edible oil importer Ruchi Soya sees the country's $8 billion branded oil market growing by up to 15 percent in 2015.. That's good news for overseas suppliers to the...

  • BUSINESS-NEWS-SCHEDULE AT 1630 GMT /11:30 AM ET Wednesday, 19 Nov 2014 | 11:40 AM ET

    WASHINGTON- President Barack Obama might be open to using the Keystone pipeline as leverage with Republicans if they cooperate on other aspects of his long-stalled domestic agenda, such as investing in infrastructure, closing tax loopholes or reducing carbon emissions. U.S. regulator seeks nationwide recall of Takata air bags. WASHINGTON- The U.S. auto...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT /11:00 AM ET Wednesday, 19 Nov 2014 | 11:07 AM ET

    WASHINGTON- President Barack Obama might be open to using the Keystone pipeline as leverage with Republicans if they cooperate on other aspects of his long-stalled domestic agenda, such as investing in infrastructure, closing tax loopholes or reducing carbon emissions. WASHINGTON- The U.S. auto safety regulator has told Japanese supplier Takata Corp and...

  • SUVA, Nov 19- Indian Prime Minister Narendra Modi on Wednesday pledged a multi-million dollar line of credit for Fiji's struggling sugar industry, once worked by thousands of indentured labourers from India under appalling conditions. India will provide a $70 million line of credit to build a co-generation power plant at a sugar mill, Modi said in an address...

  • SUVA, Nov 19- Indian Prime Minister Narendra Modi on Wednesday pledged a multi-million dollar line of credit for Fiji's struggling sugar industry, once worked by thousands of indentured labourers from India under appalling conditions. India will provide a $70 million line of credit to build a co-generation power plant at a sugar mill, Modi said in an address...

  • Nov 17- Tyson Foods Inc, the largest U.S. meat processor, reported better-than-expected quarterly profit on Monday, helped by higher prices for beef and pork. Tyson's net income nearly halved to $137 million, or 35 cents per share, for the fiscal fourth quarter ended Sept. 27. Still, earnings excluding acquisition charges and other items came in at 87 cents per share,...

  • Tyson Foods profit beats expectations Monday, 17 Nov 2014 | 9:36 AM ET

    Tyson Foods, the largest U.S. meat processor, reported a better-than-expected quarterly profit. Tyson Foods shares were up 5 percent.

  • UPDATE 1-Tyson Foods profit beats expectation Monday, 17 Nov 2014 | 8:57 AM ET

    Nov 14- Tyson Foods Inc's, the largest U.S. meat processor, reported a better-than-expected quarterly profit. Tyson Foods shares were up 5 percent in premarket trading. The company said it expects an adjusted profit of $3.30- 3.40 per share and sales of $42 billion for the year ending September 2015.

  • Tyson Foods profit halves as beef sales fall Monday, 17 Nov 2014 | 7:44 AM ET

    Nov 14- Tyson Foods Inc, the largest U.S. meat processor, said its quarterly profit nearly halved as beef sales fell. Net income attributable fell to $137 million, or 35 cents per share, in the fourth quarter ended Sept. 27, from $261 million, or 70 cents per share, a year earlier. Revenue rose 13.6 percent to $10.10 billion.

  • MEXICO CITY/ WASHINGTON, Oct 27- Mexico and the United States reached a deal on Monday to avert potentially steep duties on Mexican sugar imports to the United States, defusing a months-long dispute that threatened to escalate into a major trade war. The concessions will help resolve a dispute that threatened to spiral into a tit-for-tat trade war after Mexico...

  • MEXICO CITY/ WASHINGTON, Oct 27- Mexico and the United States reached a deal on Monday to avert potentially steep duties on Mexican sugar imports to the United States in talks that went down to the last minute. The U.S. Department of Commerce said late on Monday that Mexican and U.S. officials and Mexican sugar exporters initialed a draft agreement that would...

  • HAVANA, Oct 3- Dinners at fancy restaurants, week-long family vacations and a flat-screen TV: the bribes that Cuba accused Canadian businessman Cy Tokmakjian of giving Cuban officials were modest by corruption standards in many developing nations. Tokmakjian's company, the privately held Concord, Ontario- based Tokmakjian Group, says prosecutors failed to...

  • HAVANA, Oct 3- Dinners at fancy restaurants, week-long family vacations and a flat-screen TV: the bribes that Cuba accused Canadian businessman Cy Tokmakjian of giving Cuban officials were modest by corruption standards in many developing nations. His company, the privately held Concord, Ontario- based Tokmakjian Group, says prosecutors failed to prove any of...

  • OTTAWA, Sept 29- A little-known Canadian federal agency helped put in place a total of $418 million worth of Cuban deals for a firm headed by Cy Tokmakjian, the businessman jailed for corruption in Havana last week. The total value of CCC's Cuban contracts with the Tokmakjian Group between 1992 and 2011 was C $418 million, said corporation spokeswoman Lina Seto.

  • Premium pet food company Freshpet files for IPO Friday, 12 Sep 2014 | 5:48 PM ET

    Goldman Sachs and Credit Suisse are the lead underwriters for the IPO, the New Jersey- based company said in a filing with the U.S. Securities and Exchange Commission on Friday. Freshpet's filing listed private equity firm MidOcean Partners LP and Tyson Foods Inc, the largest U.S. meat processor, as investors.

  • SHANGHAI, Sept 2- McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc. Industry insiders had told Reuters that suppliers in China often knew about audits in advance.