Tuesday, May 24, 2022

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Oatly forecasts annual revenue surge on vegan milk boom

By Uday Sampath Kumar (Reuters) -Oatly Group on Monday forecast at least a 64% surge in its annual revenue as the newly public Swedish company benefits from rising demand for vegan milk alternatives at restaurants and coffee chains such as Starbucks Corp. ...

U.S. senator raises concerns about Sanderson Farms sale

WASHINGTON (Reuters) - U.S. Senator Chuck Grassley, the top Republican on the Judiciary Committee, said that he was concerned about Cargill Inc and Continental Grain Co's plan to jointly acquire chicken producer Sanderson Farms. Commodities trader Cargill and agricultural investor Continental Grain announced...