Top stories on just-food this week
The downturn has dampened the market for dairy commodities but there are rumblings that prices are on the way back up. This week, we looked at the movement in dairy prices and there is not, as yet, widespread agreement that a recovery is on its way - which would sour Irish cheese giant Glanbia, where more cost cuts look likely to offset falling dairy revenues. The near-term future is also uncertain at US organic food maker Hain Celestial, despite the optimism of the company's management. And, sticking with US organics, Wessanen, the owner of Tree of Life, told us that it had put the business on the block.
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