UPDATE - Maple Leaf losses mount on higher grain costs (at Reuters)

Deals Today The latest Reuters articles on M&A, IPOs, hedge funds and more Broker Center sponsored links UPDATE 2-Maple Leaf losses mount on higher grain costs (Adds details, stock price. Changes dateline, previous WINNIPEG) TORONTO, July 24 (Reuters) - Maple Leaf Foods Inc (MFI.TO: ), one of Canada's largest food processors, posted a bigger quarterly loss on Thursday as soaring grain and fuel costs hurt its pork and bakery operations as it continued to restructure. Maple Leaf reported a net loss of C$9.35 million ($9.26 million), or 7 Canadian cents a share, in the second quarter ended June 30, compared with a loss of C$1.7 million, or 1 Canadian cent a share, a year earlier. Tight world supplies have pushed grain prices to record highs at a time when Maple Leaf had already embarked on an overhaul to get out of the fresh... [read full story]