Agriculture & Food Security
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CPB earmarks US$42.4M to purchase cereal grains from local farmers
TANZANIA – The Cereals and Other Produce Board of Tanzania (CPB) has allocated Sh100 billion (US$ 42.4M) for the purchase of strategic cereal crops from…
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Bayer foresees dismal 2023 results amid inflation and deflated prices, invests US$65m in Ukraine operations
GERMANY- Drug and pesticide maker Bayer estimates that its 2023 results will likely come in at the lower end of its targeted range, jeopardized by…
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Global wheat production forecast up 1.5M tons as Argentine crop recovers from severe drought: USDA
GLOBAL- World wheat production is forecast at a record 789.8 million tons for 2023/24, up 1.5 million from the 2022/23 production, partly due to the…
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Australian CBH Group to co-develop sustainable ethyl formate-based fumigation solutions with UBL
AUSTRALIA- Cooperative Bulk Handling Ltd. (CBH Group), Australia’s largest grain exporter, has signed a collaborative agreement with Universal Biosecurity Ltd. (UBL), to co-develop ethyl formate…
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Zimbabwe Mercantile Exchange (ZMX) gets a breakthrough in trading maize on the commodities market
ZIMBABWE – The Zimbabwe Mercantile Exchange (ZMX) has announced that it will begin trading maize on the commodities market after the Government liberalized the trading…