JORDAN – The government of Jordan has issued a bid to purchase 240,000 tonnes of barley and wheat to enhance its national grain reserves, Zawya has reported. Zawya citing the Ministry of Industry, Trade, and Supply revealed that the government plans to purchase 120,000 tonnes of barley and 120,000 tonnes of wheat to be delivered in August and September respectively.…
Read MoreDay: March 16, 2023
Rwanda secures grant from Japan to boost rice production
RWANDA – Rwanda has received a US$74,138 grant from the Japanese government for the construction of Cyaruhogo marshland irrigation systems aimed to boost rice production in Rwamagana, New Times Rwanda has reported. Rwamagana is a district in Rwanda’s Eastern Province, the largest rice-producing area contributing 40 percent of the national supply, according to country data. The grant was signed by…
Read MoreIFC, agCelerant, and Bank of Africa invest US$ 7.2M to boost rice production in Senegal
SENEGAL – The International Finance Corporation (IFC) in partnership with agCelerant and Bank of Africa has invested US$ 7.2 million in a bid to boost rice production and enhance food security in Senegal. The partnership is supported by the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), envisioned to help smallholder farmers and small businesses in…
Read MoreKenya maize subsidy scheme turns sour as legislators accuse millers of breaching supply contract
KENYA – Kenyan legislators have accused millers of breaching the subsidy deadline deal, a situation which might delay payment of KES2.9 billion (US$22 million) which millers claim the government owes them, Business Daily reported. The maize subsidy was an initiative by retired President Uhuru Kenyatta that was aimed at stemming the high-cost flour that had hit KES230 for a two-kilogram…
Read MoreTogo’s cereal production for 2023/24 in jeopardy following steep rise in certified seeds
Togo – The new prices for certified seeds by the National Network of Certified Seed Producers (RNPSC-Togo) could negatively affect Togo’s cereal production for 2023/24, according to the Togo First report This follows the announcement made by Balintiya Konsana, the president of RNPSC-Togo during its general assembly in Atakpamé, giving new rates for certified seeds. As per the new rates,…
Read MoreSouth Africa’s Premier Group revives plans to list on the Johannesburg Stock Exchange
SOUTH AFRICA – South African food producer Premier Group has announced plans to list in the Johannesburg Stock Exchange (JSE) with the intention of raising as much as ZAR3.6bn (US$197.6M). As part of the listing, Premier Group will be valued at ZAR6.9bn (US$378M) with the shares priced at ZAR53.82 (US$2.9) including an overallotment of ZAR100m (US$5.5M). The decision comes after…
Read MoreA quick transition from La Niña to El Niño could lower global crop production
GLOBAL- Forecast models predict a quick transition from La Niña to El Niño over several months this spring and summer, and could lead to weather problems in many areas worldwide, negatively affecting crop production. According to World Weather, Inc., while the transition from La Niña to El Niño is advertised to be too aggressive, several areas globally could experience poor…
Read MoreCorteva and Bunge partner to enhance protein in soybean meal for feed production, join Chevron in canola collaboration
USA- Leading crop protection company, Corteva Inc, and Bunge, a global commodity trader, have partnered to sustainably enhance amino acids in soybean meal for the feed industry, especially for poultry, swine, and aqua feed. This multi-year partnership will allow the companies to develop and commercialize soybean varieties that enable feed manufacturers to use fewer synthetic additives. These varieties will also…
Read MoreADM launches women-led plant-based Knwble Grwn line, nominates Dr. Brabander to board
USA- Global commodity trader and processing company, ADM has launched a plant-based food ingredient line, Knwble Grwn, produced with regenerative agricultural practices by underrepresented farmers and led by a women-based team at ADM. ADM unveiled this brand at the Natural Products Expo West, held March 7-11 in Anaheim, explaining that the line will complement sustainability initiatives by advancing regenerative agricultural…
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