Archives for August 13, 2012

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Wendy’s enjoys revenue increase

By Carina Perkins

US burger chain The Wendy’s Company has reported improved revenues for the second quarter ended 1 July 2012, with same-store sales up for the fifth consecutive quarter.

US farmers gain $170m promise from government

By Carina Perkins

The US government has announced plans to buy up $170m of domestically-produced meat and fish products to help the country’s struggling livestock sector.

Wheat price hike likely, says analyst

By Oliver Nieburg

Bakery and snack manufacturers can expect a higher wheat price in the coming months as the US drought has hit the maize market putting pressure on wheat supplies amid export concerns in Russia, says an analyst.