Bioceres HB4 wheat receives approval in Paraguay

PARAGUAY- The Instituto de Biotecnologia Agricola (INBIO) has announced the approval of HB4 wheat, setting the stage for future production and commercialization of the genetically modified wheat variety in Paraguay.  HB4 wheat is a type of wheat that has been genetically modified by introducing sunflower genes to improve crop productivity. The HB4 gene encodes the protein HAHB4 (Helianthus Annuus Homeobox-4),…

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Louis Dreyfus invests in sustainable cultivation of Camelina sativa in South America 

SOUTH AMERICA- Agricultural commodities trader Louis Dreyfus Company (LDC) and Global Clean Energy Holdings, Inc. will jointly embark on promoting the sustainable cultivation of Camelina sativa (camelina) in Argentina, Paraguay, and Uruguay.  This strategic partnership fosters the expansion of Global Clean Energy’s camelina production activities to South America and reinforces LDC’s position as a supplier of choice for quality seeds…

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Grupo Bimbo shuts its confectionery division in Uruguay to focus on baking and snacking categories

SOUTH AMERICA – Grupo Bimbo, the Mexico-based snacks and bakery giant has announced that it has shut the doors of its confectionery business in Uruguay, cutting 62 jobs. According to the company statement, the move will allow it to “focus on its baking and snacking categories” which is part of Grupo Bimbo’s global strategy to consolidate its leadership in grain-based…

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Univar Solutions to distribute Kalsec’s food ingredients product range in Colombia.

COLOMBIA – Speciality ingredients and chemicals supplier Univar Solutions is set to distribute Kalsec’s full food ingredients product range in Colombia following the signing of a new partnership. This partnership with Kalsec Inc. will provide customers in Colombia with access to a broader range of ingredient innovations focused on taste and sensory solutions, natural colors and coloring foodstuffs, and food…

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USDA cuts corn production estimates for South America due to prolonged drought

USA – The United States Department of Agriculture (USDA) has cut its estimate for South American corn production citing prolonged droughts in Argentina and Brazil, the region’s most of the major production areas. The cuts were indicated in USDA’s World Agricultural Supply and Demand Estimates (WASDE) January summer crop report. For Brazil, USDA estimates total corn production for marketing year…

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