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Associated British Foods Falls On Forecast For Sugar


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The EU is reducing the price it pays for sugar and cutting production quotas as it ends a policy of self-sufficiency for the commodity begun in 1968. Sugar is one of the two main profit generators for London-based Associated British Foods, which also said it's in talks with food retailers on raising the price of Kingsmill bread again as wheat becomes increasingly expensive.

http://www.bloomberg.com/apps/news?pid=206...mI&refer=uk

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