Archer Daniels Midland Co. (ADM) reported yesterday second-quarter net earnings of $732 million and record quarterly segment operating profit of $1.4 billion for the quarter ended December 31, 2010, up $165 million and $392 million,…
Protests in Egypt have caused wheat prices to fall, as investors worry about stability in Africa and the Middle East, reported Australian Broadcasting Corporation.
Romania will import some 0.4-0.5 million milling wheat by the middle of the year, but no food shortage is expected, Agerpres reported, quoting agriculture ministry state secretary Adrian Radulescu.
WIESHEU GmbH, the leading supplier of baking ovens, has received the ‘iF product design award 2011' for outstanding design of its baking oven Dibas 64.
Richardson International Limited has announced it is going to invest C$15 million to expand and enhance its canola oil processing plant in Alberta, Canada, to meet increasing customer demand for healthier food products.
Indonesia's domestic demand for wheat in 2011 is predicted to increase six per cent as a consequence of population and national food industry growth, an industry spokesman said.
New Zealand opposition party members are calling on the government to fortify the country's flour supply and bread output with folic acid, following reports of the success of a similar program in Australia.
USDA's National Institute of Food and Agriculture (NIFA) has announced a new and significant investment of public funds in wheat research work, reported Corn and Soybean Digest.
Prices of bread, a food staple for many Armenians, look set to grow further in Armenia in the coming days amid a continuing rise in the cost of wheat in international markets, reported Armenialiberty.org.
China's key wheat growing province of Shandong is facing its worst drought in at least 40 years, putting further pressure on politically sensitive food prices that have been surging for months, reported Associated Press.
PepsiCo wants to battle it out in the Rs 11,000-crore Indian biscuits market that is getting chock-a-block with new entrants, reported The Economic Times.
China produced 4.08 million metric tons (tonnes) of refined edible vegetable oil in December of last year, a jump of 18.5 per cent over a year earlier, according to data from the National Bureau of Statistics (NBS).
In initial comments about prospects for the 2011 crop year, the International Grains Council on January 20 projected a 3 per cent rise in world wheat acreage in 2011-12 from the year before.