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Post Holdings' CEO said the company is pursuing its pending acquisition of Weetabix and will move Attune cereal and granola into Post Consumer Brands. The consolidation aims to share costs and expand in health-focused cereal.
This is a corporate cereal portfolio move with no direct effect on feed grain supply, demand or prices.
bakingbusiness.comEric SchroederMay 9, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
