1. Consumers would face higher bread prices if the merger went ahead, the regulator said, because of the dominant role of flour millers in the bread market. 2. Indofood controls PT Bogasari Flour Mills, a flour miller. 3. Prices of both wheat and corn soared in futures trading today, pointing to higher costs for flour millers and livestock feed processors. 4. Prices of both crops soared in futures trading today, pointing to higher costs for flour millers and livestock feed processors. 5. The department cited strong exports and greater-than-expected demand from U.S. flour millers. 6. Local flour millers have been complaining of sluggish sales since government effectively devalued the peso last July, eroding the buying powers of importers and consumers. 7. Most local flour millers had reduced their wheat orders since the start of the year because of a slowdown in local flour consumption arising from the weak peso. |