Tate and Lyle warns of surging corn prices

Sweeteners giant Tate and Lyle said that adjusted operating profits in the first quarter were in line with its expectations, but did sound a cautious note in the full-year outlook as corn prices have surged.

Sweeteners giant Tate and Lyle said that adjusted operating profits in the first quarter were in line with its expectations, but did sound a cautious note in the full-year outlook as corn prices have surged.

In Speciality Food Ingredients, volumes and sales increased year-on-year in the three months to June 30th, with solid growth in the US and emerging markets offset by weakness in Europe.

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