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CANADA- The area planted to wheat in Canada rose to its highest level in more than two decades, according to the June 2023 field crop survey from Statistics Canada released June 28. Additionally, other crops with notable increases in plantings in 2023 included canola, barley, corn for grain, and soybeans. Fewer acres were planted for oats, lentils, and dry peas,…
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BULGARIA- The European Investment Bank (EIB) has extended a €50 million (US$54.6 million) loan to Northern Bulgaria’s grain and bulk port operations to help finance a modern grain storage and transportation terminal at the Black Sea port of Varna. EIB, the long-term financing institution of the European Union (EU), signed the agreement with Logistic Centre Varna EAD, part of Buildcom…
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NETHERLANDS- DSM-Firmenich has announced that it would accelerate its plans to restructure its vitamin business to improve its performance as the vitamin markets continue weakening, negatively affecting its outlook for the second half of 2023. “The challenging conditions in vitamin activities have further deteriorated during June, affecting both pricing and volumes, where the company had expected stable to improving conditions…
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UGANDA – Uganda is set to build the first-of-its-kind feed mill facility under De Heus Animal Nutrition, a Dutch animal feed manufacturer aimed at boosting aqua feed production. Based in the Netherlands, De Heus is a global player in compound feed, premixes, and concentrates for livestock and fish with annual production of around 8 million metric tons in 2021, according…
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USA – Ardent Mills, a premier flour-milling and ingredient company, has launched two new products, Ardent Mills Egg Replace and Ancient Grains Plus Baking Flour Blend designed to enable its customers to capitalize on new market growth, meet evolving consumer preferences. According to the company, the new offerings are designed with innovative, cost-effective solutions to meet evolving consumer preferences for…
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ZIMBABWE – National Foods Limited, a leading agri-industrial company in Zimbabwe has been crowned the Company of the Year Award alongside other three recognitions for their remarkable new products at the Africa Food Awards 2023. The company, which is Zimbabwe’s leading food processor and listed on the Victoria Falls Stock Exchange (VFEX), has continued with its ongoing capacity expansion initiatives with…
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CANADA- Richardson International recently announced plans to expand eight Canadian Pacific Kansas City (CPKC)-served elevators in western Canada, allowing future trains to move from these sites under CPKC’s 8,500-foot High-Efficiency Product (HEP) model. The James Richardson & Sons Limited-owned company originates and processes Canadian-grown grains, oilseeds, oats, and canola-based products. According to the company, work on these elevators in Manitoba,…
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NIGERIA- The Flour Milling Association of Nigeria (FMAN) has partnered with the Lake Chad Research Institute to release four wheat varieties to farmers to boost local production. The National Centre for Genetic Resource and Biotechnology (NACGRAB) approved the release at the 36th meeting of the Technical Committee on Naming, Registration, and Release of Crop Varieties held at NACGRAB Moor Plantation…
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MOROCCO – Morocco’s government has introduced a subsidy for the import of 2.5 million metric tonnes of soft wheat to bolster local supply which has dwindled due to a relentless drought that has plagued the country. According to Morocco News, the National Interprofessional Office of Cereals and Legumes (ONICL) released a circular providing that the subsidy program will support importers…
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UKRAINE- Ukrainian Sea Ports Authority recently pointed out that Ukraine must be ready to export grain almost exclusively via its Danube River ports as Russia continues to effectively block Black Sea shipments, according to a Zawya report. The United Nations and Turkey brokered the Black Sea grain initiative last July to ensure the safe passage of grain to help tackle…
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