JBT Foodtech profits slump as demand ebbs in Europe and North America
JBT Corporation said its food operations had experienced a tough year as restructuring costs combined with a fall in demand for processing equipment to drive down profits.
Archives for March 9, 2012
Wheat prices rise although FAO reports near record crop for 2012
The UN’s Food and Agriculture Organization has reported a rise in cereal prices from January to February with wheat prices raising the most. However the second highest wheat crop is forecast for 2012, which could bring prices down.
Unibic finds potential buyer amid financial woes
Unibic Australia has found a potential buyer shortly before being placed into administration, it has been announced.