Archives for October 11, 2004

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Wheat stocks rise but prices still exposed

A rise in global stocks of wheat after a 30-year low will offer continued relief to the tighter prices experienced by the food industry in previous years, but the food chain still needs to stay on the alert.

Russian brewers struggling with ad ban

It is over a month since the Russian authorities clamped down on beer adverts, and the impact is already being felt. But there is worse still to come for Russia's brewers, with the legislators preparing more rules which will make it illegal to drink...

Czech harvest best in 10 years

This year's Czech harvest has been hailed as the best since 1993, producing almost nine million tonnes of crops, showing that the farming industry has recovered well from a poor 2003 and the disastrous floods of 2002 - just in time for the...

Loss-making vodka group slated for sale

RosSpirtProm, Russia's state-owned alcohol producer, is to be privatised next year in a two-phase operation expected to garner interest from a wide range of drinks companies. But with many of the distilleries within the group running at massive...

Dairy getting healthier image?

A change in attitudes to dairy products is helping to turn around sales in Australia, according to a survey by the country's dairy industry association.

RFID expense may hold back market growth

Despite the protestations of suppliers, the cost of passive tags used for radio frequency identification (RFID) will not fall as low as 5 cents per unit, and is more likely to be at the 16 cent level, according to a recently published report by ARC...

Ukraine calls for calm over meat price rises

Sharp increases in meat prices at the end of September have prompted Ukraine's Ministry of Agriculture to call for tighter measures to prevent speculation and ensure more stable pricing. But market observers claim that the increases are justified by...

Alcoa 3Q results hit by high energy costs

Aluminium and packaging giant Alcoa has reported flat third-quarter earnings, with a 20 per cent jump in primary metal prices offset by higher energy and raw material costs, and various production disruptions.