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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”.
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.
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.
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.
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.
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