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Analysts lower CP Foods earnings forecast, warn of challenges ahead

Jump in corn and soy meal costs will affect company in next two quarters, warned Asia Plus Securities

By Undercurrent News | May 26, 2014 08:38 BST
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Analysts at Asia Plus Securities have lowered their earnings forecasts for the Thai agribusiness, feed and shrimp producer Charoen Pokphand Food (CP Foods) due to rising feed costs [...]

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