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Food Products Agricultural Producers

  • George Boubouras of Contango Asset Management discusses how a water tax proposed by the Labour Party could affect dairy companies Fonterra and A2Milk.

  • Irma crushes Florida citrus crop

    Shannon Shepp, Florida Department of Citrus executive director, talks about the devastating impact Hurricane Irma had on Florida's citrus growers.

  • MUMBAI, Sept 14- Benchmark Malaysian prices for crude palm oil are likely to fall nearly 17 percent from current levels by November or December as overseas appetite for the commodity falters over the winter, leading industry analyst James Fry said on Thursday. Indonesia and Malaysia account for nearly 90 percent of global palm oil production.

  • The European Union is the second-largest palm oil export destination after India for both Malaysia and Indonesia, which dominate production in a global market worth at least $40 billion. Threatened by crumbling demand in Europe, the industry is waging a public relations battle and pushing producers to enter more price-sensitive markets, where Indonesia...

  • HAVANA, Sept 11- At least 10 people were killed in Cuba by Hurricane Irma, most of them crushed by collapsing buildings, authorities said on Monday, bringing the death toll from the ferocious storm to 38 in the Caribbean. Seven of the dead were in the province of Havana, while fatalities also were reported in Matanzas, home to the tourist resort of Varadero, and the...

  • HAVANA, Sept 11- Hurricane Irma seriously damaged Cubas already dilapidated sugar industry and flooded and flattened an extensive area of sugar cane, state-run media reported on Monday. The monster storm spent three days traversing most of the islands northern coast, from east to west, with particular force in the sugar-producing provinces of central Cuba,...

  • Irma puts squeeze on orange juice futures

    This could be the last straw for the Florida orange industry, says James Cordier, OptionSellers.com founder, talking about the potential dangers of Hurricane Irma to the Sunshine State's orange industry.

  • LONDON, Sept 7- Nestle and Unilever both snapped up small, artisanal brands on Thursday, part of a drive by big food firms to boost slowing sales with products seen as ethical or healthy. Nestle, the world's largest processed food company which has recently become a target of activist shareholder Third Point, said on Thursday it has agreed to buy Sweet Earth, a U.S....

  • A farmer swings a load of oranges onto his truck as he works in the grove in Acadia, Florida.

    Frozen concentrated orange juice futures, made famous in the movie "Trading Places," spiked higher as Hurricane Irma approached Florida.

  • Sept 6- Tyson Foods, the biggest U.S. meat processor, said on Tuesday it would build a $320 million poultry complex in eastern Kansas to meet increasing consumer demand for chicken. Tyson said in a post-earnings call in August that it was finding it difficult to meet the increased demand for fully cooked chicken and raw meat in the United States.

  • BEIJING, Sept 5- After decades of growth on the back of the coal mines that dot its vast grasslands, the Chinese region of Inner Mongolia is turning to sales of an altogether different kind of commodity to energize its economy- sugar. Improved farming techniques and increased mechanization mean that swathes of Inner Mongolia, which stretches for thousands of...

  • Aug 25- Meat processor Tyson Foods Inc said U.S regulators have not recommended any enforcement action after they concluded a probe related to allegations the company fixed chicken prices along with its peers for years. The No. 1 U.S. meat processor and a handful of other large meat companies have been accused of antitrust violations relating to the pricing,...

  • Aug 25- Meat processor Tyson Foods Inc said U.S regulators have not recommended any enforcement action after they concluded a probe related to allegations the company fixed chicken prices along with its peers for years. The No. 1 U.S. meat processor and a handful of other large meat companies have been accused of antitrust violations relating to the pricing,...

  • BEIJING/ SAO PAULO, Aug 18- China has launched an anti-dumping investigation into imports of Brazilian broiler chicken in another blow for the South American country's meat industry and threatening over $1 billion of exports annually. The investigation comes after a complaint from China's domestic industry that Brazil, its top supplier of chicken, has been...

  • BERKELEY, Ca. Aug 15- Amazon.com Inc is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them, shortening delivery times from hours to minutes, the company said on Tuesday. The world's largest online retailer has launched' Instant Pickup' points around five college campuses, such as the University of...

  • Aug 7- Tyson Foods Inc, the No. 1 U.S. meat processor, reported a 7.6 percent drop in quarterly profit, as the company spent more on marketing and promotions in its chicken business. Net income attributable to the company fell to $447 million, or $1.21 per share, in the third quarter ended July 1, from $484 million, or $1.25 per share, a year earlier. However, sales rose to...

  • A farmer works in a millet field while cattle graze nearby on the outskirts of Bengaluru, India, on June 9, 2017.

    Climate change has been linked to the suicides of almost 60,000 people over the last three decades in India, a study has revealed.

  • A livestock farmer at a livestock auction market on January 11, 2017 in Yabu, Japan.

    Japan said on Friday the country will raise tariffs on frozen beef imports from the U.S. and other countries from August.

  • JAKARTA, July 25- Indonesia's crude palm oil output and exports likely declined in June as Ramadan celebrations in the Muslim majority country curtailed palm harvesting and processing, a Reuters survey showed. Indonesian Palm Oil Association data showed the country exported 2.62 million tonnes of palm oil and palm kernel oil in May. The June survey included...

  • MUMBAI, July 21- India's edible oil imports are set to fall for the first time in six years as a surge in local oilseed output cuts into overseas purchases, but intake needs to fall further to fortify the health of the market, the head of a leading importer said. The lower purchases by the world's biggest importer of vegetable oils come amid a 13 percent run-off in...