Strong sterling hitting dairy companies

Article Abstract:

The United Kingdom dairy industry may need to reduce prices to remain competitive with European dairy producers due to the strength of sterling compared with other currencies. Cream prices in 1996 have already fallen by 350 pounds sterling per tonne from prices in 1995 and it is predicted that the price of a litre of milk will be cut by one pence in 1997. The strong pound will allow manufacturers who use dairy produce in their products to buy cream and butter for Belgium at a reduced price.

Dairy products, exc. dried or canned, Dairy Products Wholesale, Dairy Product (except Dried or Canned) Wholesalers, United Kingdom, Prices and rates, Dairy products, Dairy industry, Dairy products industry, Food distributors

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Carr's hit by exceptional costs

Article Abstract:

UK food and agriculture company Carr's Milling Industries announces substancial losses.

United States, Grain Mill Products, Grain and Oilseed Milling, Grains, Grain products, Grain, Carr's Milling Industries PLC

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Kerry strong on acquisitions & organic growth

Article Abstract:

Kerry Group PLC of Ireland, a food and ingredient company, reports increased profits.

Ireland, All Other Basic Organic Chemical Manufacturing, Industrial organic chemicals, not elsewhere classified, Flavor & Perfume Materials, Additives, Essences and essential oils industry, Kerry Group PLC

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