Corporate market news for Mar 2006 Grain Millers Canada Donates to Oat ResearchSASKATOON - Mar 1/06 - SNS -- Grain Millers Canada of Yorkton is contributing CDN $15,000 toward the University of Saskatchewan's Crop Development Centre (CDC) to support future development and youth training in Saskatchewan's oat industry. . . . Continue or visitors click here Goderich Buys Parts of GS DunnTORONTO - Mar 1/06 - SNS -- Goderich Elevators Limited will buy certain assets of G.S. Dunn & Co. Limited, a dry mustard miller and global supplier of dry mustard products located in Hamilton, Ontario. . . . Continue or visitors click here Monsanto Buys Two Seed CompaniesNEW YORK - Mar 1/06 - SNS -- Monsanto Company's American Seeds, Inc. subsidiary bought Gold Country Seed, Inc., based in Hutchinson, Minn., and Heritage Seeds, based in Rensselaer, Ind. . . . Continue or visitors click here Fresh Del Mont Posts Q4 LossNEW YORK - Mar 1/06 - SNS -- Fresh Del Monte Produce Inc. reported an after tax loss of U.S. $3.5 million on sales of $757.9 million during the fourth quarter ending December 30, compared to an after tax profit of $19.1 million on sales of $818.2 million during the same quarter of the previous fiscal year. . . . Continue or visitors click here Pioneer Research Center in South DakotaNEW YORK - Mar 1/06 - SNS -- DuPont subsidiary, Pioneer Hi-Bred International, Inc. will open a new Research Center in Brookings, South Dakota this spring to expand work on creating new corn inbreds and commercial hybrids. . . . Continue or visitors click here Agricore Sells Feed MillWINNIPEG - Mar 2/06 - SNS -- Agricore United sold its Unifeed Armstrong feed mill and related working capital to a subsidiary of Ritchie-Smith Feeds, Inc. with an expected closing date of March 17, 2006. . . . Continue or visitors click here Kraft Buys Back SharesNEW YORK - Mar 2/06 - SNS -- Kraft Foods Inc. will spend up to $2.0 billion to repurchase its Class A common stock. . . . Continue or visitors click here SWP Shuffles BoardREGINA - Mar 2/06 - SNS - The Saskatchewan Wheat Pool Inc. (SWP said Gary Colter has retired as a member of the company's board of directors effective March 15, 2006. . . . Continue or visitors click here Kaystar Renamed PannarNEW YORK - Mar 6/06 - SNS -- The Pannar Group has completed the transition it began when it acquired Kaystar Seed in 2001, with the renaming of Kaystar Seed as Pannar Seed, Inc. . . . Continue or visitors click here ConAgra Names Bolles Exec-VP ResearchNEW YORK - Mar 7/06 - SNS -- ConAgra Foods named Al Bolles its new executive vice president, Research & Development and Quality. . . . Continue or visitors click here Heinz DividendNEW YORK - Mar 8/06 - SNS -- The H.J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here Agricore Declares DividendWINNIPEG - Mar 9/06 - SNS -- Agricore United declared a quarterly dividend of $0.03 per share on the Limited Voting Common Shares. . . . Continue or visitors click here Agricore United Posts Larger LossWINNIPEG - Mar 9/06 - SNS -- Agricore United reported a first quarter o loss of CDN $20.598 million on gross revenue of $544,4 million for the three months ending January 31, compared to a loss of $18.416 million on gross revenue of $565.9 million the previous year. . . . Continue or visitors click here USDA Promotes TerpstraWASHINGTON - Mar 9/06 - SNS -- U.S. Agriculture Secretary Mike Johanns today announced the appointments of A. Ellen Terpstra as deputy under secretary for Farm and Foreign Agricultural Services and Michael W. Yost as administrator of the Foreign Agricultural Service, both effective immediately. . . . Continue or visitors click here Uzbek Sugar Mill SoldLONDON - Mar 13/06 - SNS -- Austria's SEID Handelsgesellschaft mbH paid U.S $17.6 million for a 99.43% stake in Uzbekistan's only sugar refinery. . . . Continue or visitors click here General Foods DividendNEW YORK - Mar 14/06 - SNS -- General Mills declared a quarterly dividend of $0.34 per share. . . . Continue or visitors click here SWP Declares Second Quarter ProfitREGINA - Mar 15/06 - SNS -- Saskatchewan Wheat Pool Inc. (SWP) reported net earnings of CDN $2.9 million on sales of $368 million for the second quarter ending January 31, compared to a net loss of $900,000 on sales of $322 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here ADM Building PHA Plant in ClintonNEW YORK - Mar 15/06 - SNS -- Archer Daniels Midland Company and Metabolix will build a commercial plant to produce PHA natural plastics in Clinton, Iowa. Construction, expected to be complete in mid 2008, is subject to applicable governmental approvals. . . . Continue or visitors click here Rogers Sugar Income Fund DistributionMONTREAL - Mar 15/06 - SNS -- Rogers Sugar Income Fund will make monthly distribution of $0.0334 per trust unit. . . . Continue or visitors click here SWP Offers Canadian NotesREGINA - Mar 15/06 - SNS -- The Saskatchewan Wheat Pool Inc. (SWP) intends to make an offering in Canada of $150 million principal amount of senior unsecured notes with a seven-year term. . . . Continue or visitors click here ConAgra Selling Some OperationsNEW YORK - Mar 16/06 - SNS -- ConAgra Foods Inc. plans to sell its seafood and domestic and imported cheese businesses. . . . Continue or visitors click here ConAgra Declares Smaller DividendNEW YORK - Mar 16/06 - SNS -- ConAgra Foods Inc. declared a quarterly dividend of 18 cents per share. . . . Continue or visitors click here Cargill Invests in Refined Oils PlantNEW YORK - Mar 16/06 - SNS -- Cargill is upgrading its food-oil refinery in Hamburg, Germany to increase refining capacity and expand the range of value-added products which can be produced. . . . Continue or visitors click here Del Monte Expands Pet Food BusinessNEW YORK - Mar 16/06 - SNS -- Del Monte Corporation has entered into an agreement to acquire certain pet product assets, including the Milk-Bone brand, from Kraft Foods Global, Inc. for approximately $580 million. . . . Continue or visitors click here Daun Retires From CGCWINNIPEG - Mar 16/06 - SNS -- Jim Daun, research scientist specializing in oilseeds and pulses, is retiring this month from the Canadian Grain Commission (CGC). . . . Continue or visitors click here Cox Steps Down as Agricore CFOWINNIPEG - Mar 16/06 - SNS -- Peter Cox will step down as Agricore United's Chief Financial Officer on April 2, 2006 and formally retire from Agricore United in April 2007. . . . Continue or visitors click here SWP Makes Common Share OfferingsREGINA - Mar 21/06 - SNS -- The Saskatchewan Wheat Pool Inc. (SWP) entered a binding commitment to sell common shares to a syndicate of underwriters led by TD Securities Inc for CDN $7.50 per share . . . Continue or visitors click here Chiquite Reports Decline in EU VolumeNEW YORK - Mar 22/06 - SNS -- Chiquita Brands International, Inc. said its average selling price for bananas rose 5% on a local currency basis, but fell 3% in U.S. dollar terms in European Union, Switzerland, Norway and Iceland during the first two months of the 2006 first quarter, compared to the same period a year ago. . . . Continue or visitors click here ConAgra Scores Third Quarter LossNEW YORK - Mar 23/06 - SNS -- ConAgra Foods Inc. reported a net loss of U.S. $31.7 million on sales of $2,878.9 million during the third quarter ending February 26, compared to a net profit of $165.3 million on sales of $2,756.3 million during the samethree month period of the previous fiscal year. . . . Continue or visitors click here Noble Enters U.S. Ethanol BizNEW YORK - Mar 23/06 - SNS -- Noble Group has been given the marketing rights for ethanol which will be produced from a 44 million gallon plant under construction in Madrid, Nebraska. . . . Continue or visitors click here General Mills Reports Higher Q3 ProfitNEW YORK - Mar 23/06 - SNS -- General Mills, Inc. reported net earnings of U.S. $246 million on sales of $2,860 million for the third quarter ending February 26, compared to a net of $230 million on sales of $2,772 million during the same three months period last year. . . . Continue or visitors click here Campbell Pays 18 Cent DividendNEW YORK - Mar 23/06 - SNS -- Campbell Soup Company declared a regular quarterly dividend on its capital stock of $.18 per share. . . . Continue or visitors click here Gunner Re-Elected ABB ChairSYDNEY - Mar 28/06 - SNS -- Perry Gunner was re-elected chairman of the Australian barley marketing board, ABB Grain Ltd. . . . Continue or visitors click here Heinz Reassigns ExecsNEW YORK - Mar 28/06 - SNS -- H.J. Heinz Company gave two Executive Vice Presidents (EVP) new geographic assignments effective May 4, 2006, the beginning of the company's Fiscal 2007. . . . Continue or visitors click here Europe Approves Cargill's DFI BuyBRUSSELS - Mar 29/06 - SNS -- The European Commission has cleared the proposed acquisition of the food ingredients business of Germany's Degussa AG by the US-based Cargill group. . . . Continue or visitors click here Danone Sells Griffins Biscuit BusinessNEW YORK - Mar 31/06 - SNS -- Danone Asia Pte Ltd, a subsidiary of Groupe DANONE S.A., will sell Griffins Foods Limited to Pacific Equity Partners Pty Ltd for NZ$ 385 million (EUR 194 million). . . . Continue or visitors click here
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