August 2023
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Seaboard milling unit Q2 income down on lower margins
USA- Seaboard Corp. quarter 2 results reveal an operating income of US$17 million in its Commodity Trading and Milling (CT&M) segment, down 44% from US$30…
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Nestlé to expand production capacity in Egypt with four production lines
EGYPT – Swiss multinational food giant, Nestlé, has revealed its plans to add four new production lines to its existing facilities in Egypt. In the…
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ADM introduces ADM FarmView, new information management tool for farmers
USA- ADM has unveiled a new mobile app and website portal option from Bushel, a leading software technology provider for the agricultural supply chain, to…
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Flour Mills of Nigeria to raise N55 billion (US$70M) as part of its Commercial Paper Programme
NIGERIA – Flour Mills of Nigeria PLC (FMN), one of the largest foods and agro-allied groups, has announced the issue of up to N55 billion…
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Robust rains to boost rice production in India after recent ban on non-basmati exports
INDIA- According to data from the country’s farm ministry, Indian farmers have planted 28.3 million hectares (69.9 million acres) with summer-sown rice, up 3.28% from…