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BRAZIL- The owner of the Purina pet food brand, Nestle, has denied recent unsubstantiated claims that it tabled 1.7bn reais (US$330.1m) for the purchase of Brazillian BRF pet-food assets. A month ago, on February 28, 2023, BRF said in a stock-exchange announcement that it had hired Banco Santander as a financial advisor and was in early-stage discussions with would-be buyers…
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FRANCE – Swiss packaged-food giant Nestle has announced the closure of its frozen pizza factory in northern France amid declining sales on the backdrop of an E. coli outbreak last year, Just Food has reported. The closure follows a fatal E. coli outbreak in February 2022 that linked Buitoni-branded frozen pizzas produced at the factory in northern France to the…
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USA- The Bunge Ltd. board of directors plans to have Mark Zenuk as its non-executive chairperson subject to his re-election to the board during the 2023 annual general meeting of shareholders in May. Zenuk is a managing partner at Tillridge Global Agribusiness Partners since 2016 and a Bunge board director since 2018. Before Tillridge, he was a managing director at…
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SUDAN – The Food and Agriculture Organization of the United Nations (FAO) has estimated wheat imports in Sudan could reach 3.5 million tons in 2023 on the backside of a production shortfall, Ecofin Agency has reported. According to FAO, this volume, which represents more than 97% of the country’s total cereal import needs, would mark a significant increase compared to…
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MALAWI – Malawi needs US$543 million (about K563 billion) to achieve the transition to sustainable agriculture and food systems by 2030, International Institute for Sustainable Development data shows. According to The Nation Malawi, to bridge the financing gap, the Malawi government is supposed to raise US$70 million to complement the donor share of US$472 million to enable over 2.9 million…
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RUSSIA- Viterra Ltd. is exiting the origination and export market in Russia, a day after Cargill announced its exit from the same market. “Following continued monitoring of the situation over the past year, Viterra has concluded that its activities in Russia no longer fit the long-term direction of the company,” Viterra said. Reuters reported that Nikolai Demyanov, the head of…
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UK- Carlsberg Marston’s Brewing Company (CMBC) has partnered with the Archer-Daniels-Midland Company (ADM) to contract the first 23 farmers to grow an estimated 7,000 metric tons of regenerative barley this year. Carlsberg Group is collaborating with three brands in the UK, Finland, and France as part of the group’s new Zero Farming Footprint strategy within its recently launched ESG program, Together…
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TANZANIA – The Tanzanian Agricultural Agency (ASA) has invested in new irrigation infrastructures at its seed multiplication farms to boost the production of improved seeds for different crops. Three main farms belonging to the agency, one in Tabora (400h), another in Morogoro (200h) and a final one in Arusha (200 hectares) will benefit from the project estimated to cost TZS15bn/…
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CANADA- Canada’s total oilseeds exports could fall by 1.5% in MY 2023/24, according to a Global Agricultural Information Network report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA). While Canada is the third largest exporter of oilseeds in the world by volume, its share of exports has shrunk in recent years, partly because of increased…
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EUROPE- Eppen Biotech’s L-arginine is one of the feed additives that received marketing approvals from the European Union this month after a deliberation that began last year. The European Commission requested a scientific opinion from the European Food Safety Authority (EFSA) Panel on Additives and Products or Substances used in Animal Feed (FEEDAP) about the safety and efficacy of L-arginine. …
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