The rehabilitated berth will serve as Iraq’s primary entry point for wheat shipments, enabling faster vessel unloading and more efficient transfer of imports into storage and distribution networks.
The company linked the increase to better market conditions and stronger demand.
While production may slip, consumption is expected to remain stable at 11.7 million tonnes
Spread over 15 acres, with an annual production capacity of 400,000 metric tons, the new facility will be Cargill’s largest dairy feed plant in South Asia.
According to the company’s latest annual report, the 50% increase over the previous year reflects the success of the company’s strategic reorganization and a more favorable global agricultural climate.