Commodity & Trade Updates
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AFEX sets up operations in Uganda 7 months after entry into East Africa
UGANDA-AFEX, Africa’s leading commodities exchange and commodities market player, has announced its expansion into Uganda, seven months after it first entered East Africa. The new…
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Ardent Mills maintains strong quarterly result, reports Conagra Brands
USA-Ardent Mills, one of the largest milling companies in the United States, has maintained an upward trajectory in the second quarter that ended November 27,…
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Cargill expands joint venture with CHS as Uralchem eyes takeover of its assets in Russia
USA – Agribusiness giants CHS and Cargill have announced the intent to expand the scope of their joint venture, TEMCO, by adding the Cargill-owned export…
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Global wheat flour trade falls to pandemic lows as low purchasing power in Africa affects demand
GLOBAL -The International Grains Council (IGC) forecast declining global wheat flour trade in the marketing year 2022-23 to reach 13.8 million tonnes (wheat equivalent) as…
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Sohar Flour Mills inaugurates US$52M facility to boost Oman’s grain storage capacity
OMAN-Sohar Flour Mills, a subsidiary of Oman Flour Mills, has inaugurated a new US$52 million grain storage facility to boost the country’s strategic grain reserve…