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Leader Live
11 hours ago
- Business
- Leader Live
Bangor-on-Dee Racecourse announces Wrexham Lager partnership
Wrexham Lager Beer Company has signed a three-year deal with Bangor-on-Dee Racecourse, giving the brewer exclusive pouring rights until 2028. The agreement will see Wrexham Lager served on draught, in 440ml cans, and in 330ml bottles across the racecourse, including its Pilsener and Export varieties. Jon Roberts, interim chief executive officer of The Wrexham Lager Beer Company, said: "We're proud to announce this new partnership. "Wrexham Lager has been a supporter of Bangor-on-Dee Racecourse for many years now, and we're delighted to strengthen our relationship even further. "Tucked away in Wales' picturesque countryside, Bangor-on-Dee Racecourse is a true hidden gem, so we're delighted that guests can now enjoy our premium lager as they experience the excitement on the track. "The partnership is another great opportunity to continue supporting Bangor-on-Dee Racecourse and to provide award-winning Wrexham Lager to racegoers who value quality, craftsmanship and authenticity." First brewed in 1882, Wrexham Lager is the oldest lager brand in the UK and continues to use traditional Bavarian methods in its brewing process. The partnership will also include prominent branding on-site and across racecourse promotional materials. Kate Dawson, commercial director at Bangor-on-Dee Racecourse, said: "We're thrilled to announce a multi-year partnership between Bangor-on-Dee Racecourse and Wrexham Lager – a collaboration that brings together two proudly local and historic businesses. "Bangor-on-Dee has been welcoming racegoers since 1859 and Wrexham Lager, established in 1881, remains a beloved brand with deep roots in the community. "As a successful family-run business, Wrexham Lager perfectly complements the racecourse experience, and we're delighted to showcase their products to our guests. "This agreement reinforces our shared commitment to delivering outstanding experiences in North Wales."
Yahoo
17 hours ago
- Business
- Yahoo
Soybean Complex Posts Some New Highs, But Closes Lower on Friday
The soybean market settled 5 ¼ to 7 ½ lower on Friday, after hitting the highest front month prices since mid-May early in the session. The cmdtyView national average Cash Bean price is down 5 3/4 cents at $10.20 3/4. Soymeal futures settled 20 to 90 cents lower, giving up modest midday gains in favor of holding cash over the weekend. Soy Oil saw nearby July hit the highest price for the contract since 2023 this morning, but futures closed 30 to 37 points lower. July options expired in all three commodities. The weather outlook for next week has some heavy rains from NE, the southeast corner or SD, MN, WI and parts of MI totaling from 1 to up to 5 inches in some parts. The Southern Plains, through MO and the Eastern Corn Belt is looking at smaller totals. Coverage will not be uniform, however, with Omaha as an example looking at 20-40% odds on any given day. Unseasonable heat is expected to prevail over much of the Corn Belt, with the 5-10 day looking for 7-15˚F above average in the ECB. Daytime highs above 100 degrees F are seen this weekend in the Plains and WCB but will moderate by early next week. Drought Conditions Are Setting In. How Much Higher Can Wheat Prices Go? Coffee Prices Sharply Lower as Global Supply Concerns Ease Cocoa Prices Plunge as Beneficial Rain in West Africa Boosts Crop Conditions Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. This morning's Export Sales report tallied soybean sales for 202/25 exceeding the 0 and 400,000 MT trade expectations, for old crop soybeans the week of 6/12 at 539,511 MT. That was a 14-week high and 8.3% above the same week in 2024. New crop sales were at 75,151 MT, in the middle of the 0 to 200,000 MT estimates and the highest in 5 weeks. Soybean meal sales for last week totaled 174,302 MT, with just 160,281 MT for the current marketing year and on the low side of the trade ideas at 150,000 to 450,000 MT. Soybean oil sales were a net negative 1,473 MT on deferrals and cancellations, weaker than trade estimates of 0 to 32,000 MT for bean oil. Chinese soybean imports in May totaled 12.11 MMT from Brazil, well above last year according to the country's customs data. Imports originating from the US were 11.7% higher yr/yr to 1.63 MMT. Jul 25 Soybeans closed at $10.68, down 6 3/4 cents, Nearby Cash was $10.20 3/4, down 5 3/4 cents, Aug 25 Soybeans closed at $10.71 1/2, down 5 1/4 cents, Nov 25 Soybeans closed at $10.60 3/4, down 7 1/2 cents, New Crop Cash was $10.07 1/4, down 7 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
06-06-2025
- Business
- Wall Street Journal
German Industrial Production Falls as Tariffs Pull Exports Lower
German industrial production declined in the first month of President Trump's global tariff blitz, with exports to the U.S. from Europe's largest economy also falling sharply. Output contracted 1.4% on month, German statistics agency Destatis said Friday, a sharper fall than the 1.0% decline expected by economists polled by The Wall Street Journal.
See - Sada Elbalad
30-05-2025
- Business
- See - Sada Elbalad
Uzbek Gov't Delegation Tours Agricultural Projects, Research Centers in Egypt
Taarek Refaat An Uzbek government delegation headed by the Director of the Cabinet Secretariat for Investment, Export, Trade, Agriculture and Water Resources visited several agricultural projects and research centers during a four-day visit to Egypt. The Uzbek delegation began its field trip with a visit to the Agricultural Research Center, where they were briefed on the center's research activities and its efforts to achieve food security and improve crop productivity. They also visited the Excellence and Innovation Exhibition. The Uzbek delegation also visited the Desert Research Center, where they learned about the center's efforts to address the challenges of desertification and climate change. The Uzbek group expressed their great admiration for Egypt's experience in establishing integrated agricultural communities aimed at achieving social stability and sustainable development, commending the role of the Desert Research Center in providing pioneering models and practical solutions to environmental and agricultural challenges in desert regions. They also inspected the "Future of Egypt" sustainable agriculture project, the first project aimed at achieving self-sufficiency and exporting surpluses. The targeted area for reclamation is 1.5 million feddans, out of the total area of the New Delta project, which amounts to 2.2 million feddans. They affirmed Uzbekistan's keenness to exchange successful experiences with Egypt in land reclamation, natural resource management, and modern agriculture, especially in light of the environmental and climate challenges facing both countries. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks
Reuters
16-05-2025
- Business
- Reuters
India's KRBL posts higher quarterly profit on international demand
May 16 (Reuters) - Basmati rice producer KRBL ( opens new tab on Friday reported a rise in fourth-quarter profit, helped by the strong overseas demand for its rice products. KRBL, known for its 'India Gate' brand of basmati rice, reported consolidated net profit of 1.54 billion rupees ($18 million) in the fourth quarter, up 35% from a year ago. India had eased almost all curbs on non-basmati and basmati rice exports late last year to reduce surging inventories and regain market share. The government had also removed minimum export price for basmati rice to help thousands of farmers who complained about a lack of access to lucrative overseas markets such as Europe, the Middle East and the U.S. The move boosted export volumes as Indian basmati rice is now more competitively priced in global markets. The company's export revenue grew 45% in the fourth quarter. Increasing export revenue will partly contribute to margin improvement next year, it said. KRBL's agricultural segment, which includes India Gate basmati rice brand and non-basmati rice, saw a 10% rise in quarterly revenue. The segment accounted for nearly the company's entire revenue during the quarter. ($1 = 85.5550 Indian rupees)
