Argentina soybean, corn to decline by up to 25% as drought continues to wreak havoc on farms

ARGENTINA-The Buenos Aires grains exchange has slashed its forecast for Argentina’s 2022/23 soybeans and corn production by up to 25% if drought in the South American country’s agricultural region continues. The corn harvest for the 2022/23 season is now estimated at around 45 million tons, down from the 55 million tons previously forecasted,  while the soybean harvest was slashed to…

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The Rockefeller Foundation donates US$10.7M to support WFP school feeding programs

GLOBAL-The Rockefeller Foundation has donated a US$10.7 million grant to The United Nations World Food Programme (WFP) to help the agency support school feeding programs in Benin, Ghana, Honduras, and India. The grant entails a two-year-and-a-half initiative that is part of The Rockefeller Foundation’s Good Food strategy, which focuses on increasing access to affordable, healthy food; reducing greenhouse gas emissions in the…

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Benson Hill becomes first US company to receive ProTerra certification for non-GMO soy

USA-Benson Hill, Inc., a food tech company unlocking the natural genetic diversity of plants, announced that it has achieved the international ProTerra Certification for its non-GMO soybean portfolio. The company becomes the first US-based ingredient provider to attain the certification. It joins the respected ProTerra Network, a group of companies dedicated to sustainable practices and continuous improvement. The ProTerra Foundation…

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Egypt plans to purchase maize for the first time in history to boost feed manufacturing

Egypt- The General Authority in Charge of Raw Materials (GASC) has floated a public tender to purchase maize, the first time the public body embarks on such an approach concerning maize in Egypt. Egypt is known to be the world’s leading wheat importer due to its high consumption of nearly 20 metric tonnes annually. However, Maize consumption is slightly low…

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