date:Aug 02, 2012
avourable market factorsleft a CAD$14m hole in Saputos US Dairy Division, the company added.
Elsewhere, the firms Argentinian Dairy Division reported a CAD$2.5m inventory write down in accordance with the drop in export market selling prices.
Unfavourable market factors
A decrease in the average block market per pound of cheese in the USA Dairy Products Sector decreased revenues as compared to the corresponding quarter last fiscal year,said a statement accompanying the Q1 results.
This decre