Mexico imposes temporary 50% tariff on white corn exports to protect local supply

NORTH AMERICA-The Mexican government announced a temporary 50% tax on white corn exports, arguing that the grain must remain in Mexico to contain a spike in the price of tortillas, a staple in the Mexican diet. The tariff, which takes effect immediately will end on June 30 according to a decree signed by President Andrés Manuel López Obrador and published…

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Ynsect partners ADM, Corporativo Kosmos in US$106m North American expansion drive

NORTH AMERICA – Ynsect, a France-based insect protein company, is on a North American charm offensive to woo more North Americans into embracing insect-based foods into their diets. The company has kickstarted the process by unveiling plans to invest US$106.57 million in building insect ingredient production sites in the United States and in Mexico Construction will begin by late 2023 and…

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