Agribusiness

Kerry Group To Sell Kerry Dairy For €500 Million

Kerry Group has announced that it has entered into an agreement with Kerry Co-Operative Creameries to sell Kerry Dairy Ireland for €500 million.

Grain Trader ADM Beats Quarterly Profit Estimates As Costs Ease

Global grain trader Archer-Daniels-Midland beat market estimates for first-quarter 2024 profit as lower energy and manufacturing costs led to an increase o...

Bunge Quarterly Profit Tops Estimates As Processing Results Rise

Agricultural commodities trader Bunge Global reported better-than-expected first-quarter profit as strong oilseed processing results in Europe and Asia off...

France's Avril Sees Crops Fuelling Profit Despite Tough 2023

French oilseeds group Avril expects its core profit to increase by over half by the end of the decade as its crop-based food, fuel and industrial products...

China To Encourage Hog Farmers To Reduce Capacity After Price Slump

China will 'guide' farmers to reduce hog production capacity as it steps up regulation of the industry, after an aggressive expansion drive led to an...

China's Big Pig Breeders Dig In As Losses And Debts Mount

The biggest pig breeders in China, consumer of fully half the world's pork, seem to have bitten off more than they can chew.

Food Price Inflation To Ease Next Year, Rabobank Says

Consumers can expect some relief from food inflation next year, with the price of key staples such as sugar, coffee, corn and soybeans set to ease as suppl...

Grains Trader Bunge Forecasts Upbeat Full-Year Earnings

Bunge Ltd forecast full-year earnings above Wall Street estimates, after improved processing margins helped the agri-trader beat second-quarter profit.