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July 2023
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Egypt courts UAE for US$400M funding to buy Ukrainian wheat
EGYPT – Egypt, one of the world’s biggest wheat importers, is in talks with the UAE for US$400 million in financing to help it purchase…
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Macadamia farmers to earn big as the government increases prices by 80%
KENYA – Macadamia farmers in Kenya have become a lucky lot after the government set the price of a kilo of the nuts to KES100,…
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Grupo Bimbo acquires bagel business, partners Zero Carb Co. on distribution
USA- Bimbo Bakeries USA, a subsidiary of Grupo Bimbo SAB de CV, recently acquired National Choice Bakery in South St. Paul, Minnesota though the financial…
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Russia attacks Ukraine grain warehouses, boasts about bumper harvest
UKRAINE- Merely days after exiting the Black Sea Grain Initiative, Russia attacked Odesa’s grain terminals and destroyed 60,000 metric tons of grain, according to Ukraine’s…
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India bans non-basmati rice exports to regulate domestic prices
INDIA- The Indian government has banned exports of non-basmati white rice, which constitutes about 25% of India’s total rice exports, in an effort to control…