HIGH commodity prices have boosted the trading of crude palm oil futures (FCPO) on Bursa Malaysia although in terms of equities, average daily value traded has lagged with rising interest rates emerging as a key risk.
FROM A PRESS RELEASE:
“BriarPatch Food Co-op has signed a lease for its second store location at the former Kmart site at 2505 Bell Road in Auburn, California. The 44 year-old food cooperative has served as a community hub of Grass Valley and has moved locations five times, growing from a small storefront to its current 20,000 square foot lodestone for organic and local food. Its annual sales now top $35M and 10,000 people are member-owners, supporting the co-op by contributing a refundable lifetime $200 equity share and through their patronage of the store. The current location at Sierra College Drive in Grass Valley has reached its maximum level of sales capacity for its size, and with a large percentage of owners and sales coming from the Auburn trade area and even further south along the 49 corridor, the opportunity was prime.