Agriculture News

On the markets, the NZX 50 has closed up 29 points to 3626. AMP is up 23c to $9.00, Goodman Fielder is up 9c to $2.22, Lion Nathan is up 12c to $10.07, NZ Refining is up 22c to $7.82, Sanford is up 18c to ... via Newstalk ZB

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Shoe company Crocs Inc., best known for its bright plastic clogs, said Wednesday it swung to a first-quarter loss, hurt by charges, but revenue climbed past Wall Street's expectations and shares rose after ... via International Business Times

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ADM to delist from Chicago Stock Exchange; remains on NY Stock Exchange May 7, 2008 DECATUR, Ill. via Ag Professional

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“Investors are cautioned that there can be no assurance that any transaction will be pursued, announced, entered into, or consummated by the company in connection with the strategic review process.”

- Ridley Inc. (TSX:RCL) said Tuesday that it launched a strategic review process after the firm's controlling shareholder, Ridley Corp. Ltd., said it wants to sell its 69 per cent stake in the firm.

The animal feed company said it has started to explore potential sale alternatives for Ridley Corp. Ltd. and other shareholders.

The company said it has hired CIBC World Markets Inc. as its financial adviser and Davies Ward Phillips & Vineberg LLP as its legal adviser.

"The strategic review process is at its initial stage and the company has not yet received any proposals or offers for the company, and no agreements, other than confidentiality agreements, have been entered into with any interested parties," the company said in a statement. Read more

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The appointment is effective May 23, when Stephen W. Sanger will retire as chairman of the board, concluding a distinguished 34-year career with the company. via MediaPost

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“Growing these GM crops would put farming and wildlife at an unacceptable risk”

Environmental groups appealed to the European Union on Monday to reject applications from the biotech industry to approve one newly engineered potato variety and two corn crops. via StarTribune

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“It came in waves, and it came from every supplier that we did business with”

At King's Hawaiian Bakery in Torrance, it's getting harder and harder to turn a profit, as the price of ingredients has soared in the last year. via Press-Telegram

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“The Dole Nutrition News is really more than an on-line newsletter”

Dole Food Company, Inc. announced today that the Web Marketing Association awarded the Dole Nutrition News their International Advertising Competition Award for Outstanding Achievement in Internet Advertising - ... via Customer Interaction Solutions

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“The district is closer to Colombia, where many of the events that bear on this litigation took place”

A U.S. judicial panel has ordered that claims that U.S. fruit company Chiquita Brands played a role in scores of killings in Colombia be heard in a U.S. court. via Daily India

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“I am very pleased Mick will continue to play a central role in the Coles operation”

Coles chief operating officer Mick McMahon will step down from the role and move into a new senior post when new Coles managing director Ian McLeod takes up his position later this month. via The Age

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