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Double dip for Dutch dairy co-op as write-offs hit profits

FrieslandCampina stumbled in two of its markets this year, did better in a third, and raised revenues thanks to higher sales prices.
Dairy Products Financial Results

Glencore Agri sees profits fall by a quarter in 2017

The agriculture business of global commodities giant Glencore reported a 26% drop in adjusted net earnings for 2017, despite a “resilient performance when compared to many peers”.

Glencore Financial Results

Seneca to close canned peach facility in California

The US fruit and vegetable processor Seneca Foods Corporation will close the Modesto-based facility in California due to “challenging economic conditions”, the company announced this week.

US States Production

US cheese sales deliver record earnings for Agropur

Canada’s second-largest dairy operator, and leading co-op, Agropur has posted record sales and earnings for 2017 on the strength of its US operations.

Agropur Cheese

Thai Union reports annual gains

The canned tuna processor Thai Union Group reported a 1.6% sales increase to THB136.53 billion (USD4.34 bln) and a net profit rise of 14.6% to THB6.02 bln (USD191 mln) for the 2017 financial year.

International Thailand

Cherkizovo posts significant revenue growth in 2017

Russia’s second-largest meat and crop producer Cherkizovo reported successful full-year results, boosted by increased sales in the pigmeat and meat processing sectors.

Cherkizovo Russian Federation
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