Financials & Economy
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LDC half year sales shrink 8.9% as drought in the US, lower crop yields in Argentina impact volumes traded
NETHERLANDS– Louis Dreyfus Company has released its consolidated financial results for the six-month period ending June 30, 2023, showcasing a strong performance despite the persistent…
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Zimbabwean wheat growers ditch local currency, demand payment in USD
ZIMBABWE – Farmers’ organizations in Zimbabwe have implored the Government to consider awarding wheat growers 100 percent of the producer price in foreign currency in…
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Zambian Food Reserve Agency pays US$91M to maize farmers in a bid to motivate local sales
ZAMBIA – The Food Reserve Agency (FRA) has disclosed that it has paid out over K1, 920,876,160 (US$91M) to farmers that supplied 343,013 tonnes of…
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Unga Group posts US$6.6M loss on back of depreciating shilling, foreign currency crunch
KENYA – Unga Group Limited, a Kenyan-listed food processing firm has posted a KES 959.3 million (UD$6.6M) loss for the year that ended June 30, 2023,…
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Benson Hill faces delisting for non-compliance with NYSE standards
USA- The New York Stock Exchange has notified Benson Hill, a food technology company, that it is not in compliance with the NYSE’s continued listing…