Archives for June 29, 2005

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Cargill buys food ingredient systems firm in China

Ambitious ingredients firm Cargill reaches into its deep pockets, strengthening its portfolio to food makers in China through the acquisition of an academia supported food ingredients firm based in Peking, reports Lindsey Partos.

FAO forecasts cereal output to fall 2.8 per cent

Tighter supplies will lead to rises in prices for maize and coffee, while the cost for rice, wheat, milk, oilcrops and milk will remain stable or fall, according to the latest forecasts from the UN's Food and Agriculture Organisation (FAO).