The MoU aligns with broader industry efforts to localise sourcing and reduce exposure to supply disruptions.
The new facility introduces Cheetos in two pack sizes, five flavors, and two shapes, totaling 20 stock-keeping units (SKUs), and is expected to strengthen links with local maize suppliers.
This agreement marks the first commitment between Saudi Arabia and CGIAR to facilitate collaboration.
Favorable La Niña weather conditions in South Africa brought normal to above-normal rainfall during the corn planting period during October to December, leading to projected production of 16 million tonnes.
TMO’s intervention reflects broader efforts to balance domestic price dynamics with international competitiveness.