Fw: Russian wheat ban pushes futures prices higher

[Guest guest]

Russia will stop exporting wheat as of Aug. 15, because they are having a drought. I've read several articles that suggests start stocking up on food for the winter. All of the articles stated the weather as the reason.

Russian wheat ban pushes futures prices higher

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This week's top headlines

Russian wheat ban pushes futures prices higher F.D.A. considers Kellogg packaging case closed

Ritz, Triscuit and Oreo shine at Kraft in quarter

Business notes

Sara Lee reformulates some bread with no HFCS Nestle acquires Vitaflo Smucker raises coffee prices by average of 9% Cargill, Unilever enter sustainable palm oil deal PepsiCo to create ag development center in Peru

ADM building soybean plant in Paraguay

Financial performance

Unilever profit climbs 39% in quarterDean Foods earnings pressured by private label

Corn processing results lead ADM earnings higherChiquita income up 7% during quarter

Charges weigh on Pilgrim's Pride results

Acquisition boosts TreeHouse Foods earnings

Tasty Baking suffers $3.3 million loss in Q2

Discounting drives Cott earnings down

Saputo earnings increase 31% during first quarter

Seneca profit drops 52% in first quarterNorth Dakota Mill achieves record profit

Consumer trends

U.S. obesity rates continue to rise

Value pricing to drive restaurant breakfast growth

Food service/retail

R.P.I. down for third consecutive monthSales spur earnings gain at Panera Bread

Purchasing

K.C. wheat contract in spotlight at C.F.T.C.

U.S.D.A. sets 2010-11 tariff rate quota for sugarAverage all wheat price falls 43c in July June egg product up 4% from 2009

Research

Energy drink study evaluates ingredients

Study: Whole grains reduce blood pressure

Food safety

Energy drink study evaluates ingredients

Study: Whole grains reduce blood pressure

Supplier innovations and news

Soy byproduct adds fiber to dairy items

Launching pad

Taco Bell introduces Cantina Tacos

ConAgra expands entrees, canned product varietiesYoplait launches Splitz products

On the move

Leon Bruner joins G.M.A. in science role Mike Spear promoted at Soda

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