Commodity & Trade Updates
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Russia rejects bank compromise as Black Sea grain deal expiry nears
RUSSIA- With only a week before the expiry of the Black Sea Grain Initiative, Russia has restated a demand for its state agricultural bank to…
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Bunge breaks ground on new multimillion US dollar protein facility, partners Chevron in Argentina seed business acquisition
USA- Leading global agribusiness Bunge has broken ground on a new US$550 million protein facility in Morristown, Indiana. U.S., according to an announcement the company…
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Cameroonian farmers protest cash crops export ban to Nigeria as illegal trade persists
CAMEROON- Farmers in Cameroon are protesting a recently-instituted ban on cash crops exports to Nigeria, announced by Cameroon’s trade minister Luc Magloire Mbarga Atangana, in…
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Louis Dreyfus Company launches Argentine grains & oilseeds warehouse after months of improvement works
ARGENTINA- Leading merchant and agricultural goods processor Louis Dreyfus Company (LDC) finally launches its recently acquired grains and oilseeds warehouse in Northwestern Argentina and begins…
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ADM bolsters pulses capabilities with Prairie Pulse acquisition
CANADA- Global agribusiness giant ADM has announced the acquisition of Prairie Pulse Inc., owners of a pulse crop cleaning, milling, and packaging facility in Vanscoy,…