Archives for January 5, 2011

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ADM acquires 100% of Golden Peanut Company

Archer Daniel Midlands (ADM) has said it is now the 100 percent owner of Golden Peanut Company after it acquired all outstanding stock from Alimenta (USA), from Alimenta S.A, an international trading company based in Switzerland.

Imperial Sugar returns to profit in 2010

By Caroline Scott-Thomas

Imperial Sugar Company returned to profit during fiscal 2010 as its Port Wentworth refinery continued to boost production following a 2008 explosion, although its losses widened in Q4, the company said.

FAO food price index hits record high

By Caroline Scott-Thomas

The Food and Agriculture Organization’s (FAO) food price index hit a record high in December, topping 2008’s previous high when soaring food costs led to food shortages and riots in many parts of the world.