October 02, 2012

2/10/12: Effects of rising grain prices; HGCA winter wheat; Romer Labs

Hello, 
  • Rising grain prices have knock on effect on the food industry.  The Northern Irish chicken processing company, Moy Park has announced pre-tax profits of £4.8m for 2011, a drop of £25m.  "We've had to spend £70m extra on rising raw material costs, which has slashed this year's profit," Chief executive Nigel Dunlop told the BBC.  Listen to a podcast of the BBC interview here.
  • There's some exciting news from Romer Labs.  The company has entered into an agreement to acquire the assets of the food safety and GMO businesses of Strategic Diagnostics Inc. The deal accelerates Romer Labs’ move into food pathogen detection and augments its product and service range, making it a complete supplier for food safety solutions.  SDIX Food Safety Business includes RapidChek® lateral flow test strips with proprietary enrichment media, the patented RapidChek® SELECT phage-based enrichment systems and RapidChek® CONFIRM immunomagnetic confirmation tools. These products are approved for the detection of pathogens such as Salmonella, Listeria and E. Coli in a variety of food, feed and environmental samples. More information...

  • The HGCA has released reports of the winter wheat harvest results.  Read more...

Chickens
Chickens (Photo credit: Allie's.Dad)






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