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Union Pacific profit down 9% but economy will grow in 2021


Union Pacific net down 9% but sees economy growing in 2021
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JOSH FUNK, AP Business Writer
April 22, 2021
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FILE - In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. Union Pacific’s first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell. The Omaha, Nebraska-based company said Thursday, April 22, 2021, that it earned $1.34 billion, or $2 per share, in the quarter.Nati Harnik/AP
OMAHA, Neb. (AP) Union Pacific s first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy is steadily improving.
The Omaha, Nebraska, company said Thursday that it earned $1.34 billion, or $2 per share, in the quarter. That s down from $1.47 billion, or $2.15 per share, a year earlier. ....

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Can we get to the source of the PPD problem?


Can we get to the source of the PPD problem?
Producer price differentials (PPDs) have headlined many dairy economic discussions throughout the pandemic. As the negative number printed on milk checks went up and up last summer and fall, producers have raised the pertinent question: Should Federal Milk Marketing Orders (FMMOs) be altered to try to manage PPDs from swinging so far to the negative?
“What does it do?” Cornell’s Andy Novakovic questioned the April 7
“It’s a system of rules. It says this is how this system is going to work. It is not a price support,” Novakovic reminded the audience of federal orders. “They (federal orders) were never designed to guarantee that you would get the cost of production.” ....

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CavinKare launches My Cavin's - The Hindu BusinessLine


CavinKare launches My Cavin’s
March 14, 2021
FMCG major CavinKare on Sunday announced the foray of its flagship dairy wing – Cavin’s – into exclusive retail space under the brand My Cavin’s.
My Cavin’s aims to directly reach the consumers and provide a blend of shopping and dining experience under one roof, says a company press release.
The My Cavin’s outlet launched in Chennai will be offering customers products such as milkshake, lassi, paneer, curd and milk variants of Cavin’s. The outlets will also have exclusive dining spaces.
The company plans to scale the number of outlets to 150 outlets across regions by 2025, the release said. ....

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Hatsun Agro gains on starting commercial production at new Maharashtra plant


Hatsun Agro Product rose 1.99% to Rs 726 after the company announced commercial production at its newly set up modern greenfield dairy processing plant in Solapur, Maharashtra.The plant is the 19th manufacturing location for Hatsun Agro Products (HAP) that has a network of plants in four states of Tamil Nadu, AP, Telangana and Karnataka. The fully automated dairy plant is set up in 72 acres land at a cost of Rs 130 crore in Solapur district in Maharashtra. The plant has specialized imported equipments from Germany to process 6 lakh litres milk per day (LLPD).
The company will manufacture milk, curd, butter milk, chaas, lassi, yoghurt and shrikhand at the new plant. Hatsun Agro will market these products under brand names - Arokya and Hatsun . The total milk processing capacity of the company now stands at 52.50 LLPD across all the its manufacturing locations in 5 states. ....

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Oscar and Emmy-winning actor Cloris Leachman dies at age 94


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LOS ANGELES Cloris Leachman, an Oscar winner for her portrayal of a lonely housewife in “The Last Picture Show” and a comedic delight as the fearsome Frau Blücher in “Young Frankenstein” and self-absorbed neighbor Phyllis on “The Mary Tyler Moore Show,” has died. She was 94.
Leachman died in her sleep of natural causes at her home in Encinitas, California, publicist Monique Moss said Wednesday. Her daughter Dinah Englund was at her side, Moss said.
A character actor of extraordinary range, Leachman defied typecasting. In her early television career, she appeared as Timmy’s mother on the “Lassie” series. She played a frontier prostitute in “Butch Cassidy and the Sundance Kid,” a crime spree family member in “Crazy Mama,” and Blücher in Mel Brooks’ “Young Frankenstein,” in which the very mention of her name drew equine commentary. ....

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