Month: October 2015

Raw sugar prices reached their lowest levels since late 2008, continuing the downward trend in Q3 2015. The weakening Brazilian real-coupled with concerns about the impact of slowing global economic growth on commodity prices in general-saw funds maintaining a net short position for much of the third quarter. It heaps further pressure on a market already groaning under the weight of stocks accumulated over the last five years, according to the Rabobank Sugar Quarterly Q3 report. …

Housed in an 8,000 square-foot, unassuming industrial complex off Colfax in Golden, Colorado, the bakery is small—at least in comparison to the sheer volume that the crew produces. Roughly 70 hotels and restaurants are serviced daily. The team goes through about 15,000 pounds of flour each week, which amounts to roughly 2,500 pounds per day. That’s over 2,000 hamburger buns per day for the Park Burger family alone. And today’s daily production list is three pages long, with modifications filling an additional four pages. …

Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it purchased Whole Harvest Foods, LLC, a leading refiner and packager of expeller pressed commercial cooking oil. Whole Harvest Foods products, which including frying oils, pan sprays and liquid butter alternatives are manufactured at its vegetable oil refinery and packaging facility in Warsaw, North Carolina, and its packaging plant in Las Vegas, Nevada. …