US

US Beef Cow Herd Falls To Lowest Level Since 1962, USDA Says

The US beef cow herd dropped to its lowest level since 1962, US Department of Agriculture data showed, after a severe drought raised costs for livestock fe...

ADM's Earnings Top Forecasts On Strong Crush Margins, Buoyant Demand

Archer-Daniels-Midland Co said robust soy crushing margins and hefty global demand for crops had propelled the US grains merchant to a record fourth-q...

Kimberly-Clark Says 'Growth Strategy Is Working' After Fourth Quarter Profit

Kimberly Clark reported sales of $5.0 billion (€4.6 billion) in the fourth quarter of 2022 and claims it is even with the year-ago period.

Danone Reviewing Strategic Options For Organic Dairy Activity In US

French food group Danone has announced that it plans to explore strategic options, including a potential sale, for its organic dairy activity in the United...

Bakkavor Posts Growth In Line With Expectations In FY 2022

Fresh prepared food maker Bakkavor has reported 10.6% growth in like-for-like revenue in its financial year 2022, driven by price in the UK and volume grow...

Kerry Announces Plan To Sell Its Sweet Ingredients Portfolio

Kerry Group is considering the sale of the trade and assets of its Sweet Ingredients Portfolio for €500 million to IRCA, a maker of chocolate, creams...

U.S. Retail Sales Grew 7.6% Over Holiday Season, Says Mastercard

U.S. retail sales rose 7.6% between Nov. 1 and Dec. 24, which encompasses a majority of the holiday season, as steep discounts lured deal-hungry consumers,...

U.S. Consumer Spending, Inflation Cool In November

U.S. consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably not cooling fast...