Commodity & Trade Updates
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US refuses to cooperate with Mexico on GM corn studies escalating existing dispute
MEXICO – The United States has denied a request by Mexico to jointly conduct scientific research on the health impact of genetically-modified corn, a Mexican…
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CHS looks to construct new soybean processing plant in Wisconsin USA
USA- Agribusiness cooperative CHS, headquartered in Minnesota, is looking to build a food-grade soybean oil and soybean meal production site near Evansville, Wisconsin to expand…
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US offers to support Russian food exports if grain deal restarts
RUSSIA- U.S. Secretary of State Antony Blinken said the U.S. will do “whatever is necessary” to make sure all countries can export their food products…
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China lifts tariffs on Australian barley after three-year-old dispute
CHINA- The Chinese Customs Tariff Commission has finally ended the anti-dumping and countervailing duties on Australian barley, starting 5th August 2023, as relations between the…
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Cadbury Nigeria temporarily halts production and sale of Bournvita Biscuits
NIGERIA – Cadbury Nigeria Plc has suspended the production and sale of its recently introduced biscuit brand, Cadbury Bournvita Biscuit, in response to complaints about…