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RUSSIA- In 2022, Russia exported around 1.3 million tonnes of wheat to Algeria which is four times what Algeria imported from Russia in 2021- the Russian news agency Interfax reported. Citing data from the export center of the Ministry of Agriculture, Interfax provided that the North African country imported 330,000 tonnes of wheat from Russia in 2021. According to Eduard…
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KENYA – Maize millers in Kenya are staring at possible losses following the country’s legislature’s move to reject the disbursement of KES2.9 billion to pay for a government-sponsored maize subsidy scheme rolled out in the second half of 2022. The maize subsidy was an initiative of retired President Uhuru Kenyatta which was aimed at stemming the high-cost flour that had…
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MOROCCO – Drought and low rainfall drives Moroccan cereal production down by 60% to mark the largest decrease in the North African region in 2022, the United Nations’ Food and Agriculture Organization’s (FAO) quarterly report has indicated. According to the report, North Africa, which accounts for over 60 percent of the African wheat production is poised to increase imports to…
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EGYPT – Edita Food Industries (EFI), Egyptian snacks giant, has more than doubled its net profit for the fiscal year 2022 which ended on December 31 last, to hit 959.4 million pounds (US$31.3 million), Agence Ecofin has reported. The company noted that the impressive performance which exceeded the previous record of 471.9 million pounds (US$15.4 million) was attributed to a…
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BRAZIL- The National Biosafety Commission of Brazil’s Ministry of Science, Technology, and Innovation has approved the commercialization and cultivation of Bioceres’ HB4 Wheat in Brazil. The National Biosafety Commission has been evaluating the safety of Bioceres HB4 wheat and has concluded that it is safe for cultivation and commercialization in the country. HB4 wheat is a type of wheat that…
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SWITZERLAND- Syngenta Crop Protection and Aphea.Bio have partnered to bring a new wheat seed treatment technology to European markets, aiming at helping farmers improve sustainability through better yields and reduced fertilizer use. The new seed treatment technology to be introduced is ACTIV by Aphea.Bio. It is a biostimulant applied as a seed treatment on wheat; based on beneficial microorganisms that…
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USA – US-based Cargill, one of the world’s biggest ship charterers, is considering wind power for cargo ships as the agricultural commodities giant moves to cut emissions from its chartered fleet. With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world’s CO2 emissions. Consequently, according to environmental campaigners, regulatory efforts by the sector…
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