Daily Market Wire 21 August 2024
Offshore wheat firmed less than one percent. ASX December eastern Australia wheat eased 2pc. All other markets settled unchanged to lower. International According to Russia’s Ag Minister Russia maintains its…
Ridley FY24 earnings lift, return to Tas milling announced
Ridley has added a feedmill in Carrick, Tasmania to its portfolio. Photo: Ridley THE RIDLEY Corporation has unveiled the acquisition of a feedmill at Carrick in Tasmania, as well as…
Site issue prompts AEGIC moves in WA
AEGIC’s noodle and Asian products technical functions have moved to the Food Innovation Precinct of WA. Photo: FIPWA THE Australian Export Grains Innovation Centre is in the midst of an…
Train collision highlights training gaps: ATSB
The collision caused major damage to a wagon and locomotive. Photo: ATSB THE AUSTRALIAN Transport Safety Bureau is urging rail-transport operators and registered training organisations to review and validate their…
General Mills achieves financial goals for fifth consecutive year
MINNEAPOLIS — While the company celebrated multiple financial successes achieved in fiscal 2023, weak volume trends at General Mills Inc. loomed ominously at the start of the company’s new fiscal…
Study finds correlation between sweetener, higher heart disease risk
CLEVELAND — A study published June 6 in the European Heart Journal finds an association between consuming the sweetener xylitol and a higher risk of cardiovascular disease. A research team…
Grocery shoppers still working through higher prices
LENEXA, KAN. — Although inflation is easing, consumers are still feeling the pinch of higher prices that have been rising the past few years. They have a variety of priorities…
Formulators get creative in reducing sodium
KANSAS CITY, MO. — Most people in the US consume too much sodium, with the majority coming from processed, packaged and prepared foods. This includes dairy products, with cheese, cheese…
Corbion promotes exec to CFO
AMSTERDAM, THE NETHERLANDS — Corbion has promoted Peter Kazius from senior vice president investor relations, corporate development and M&A to chief financial officer. He succeeds Eddy van Rhede van der…
General Mills announces strategic leadership changes
MINNEAPOLIS — General Mills Inc. is making several changes to its senior leadership team, including the naming of new leaders for its North America Retail, Pet and International, and US…