The move is part of Cargill’s broader investment strategy in Brazil, where it has invested R$8.1 billion (US$1.5 billion) over the past five years
The launch was marked by the unveiling of two flagship products, LEA Premium Maize Flour and LEA Premium All Purpose Wheat Flour
The rise in wheat imports is attributed to rapid population growth, increased urbanization, and evolving dietary preferences across the region
The measure permits wheat to be imported at a 10% tariff, significantly lower than the EAC’s Common External Tariff (CET) of 35%
The facility is designed to store 76,200 metric tons of wheat, with six steel silos, each capable of holding 12,700 metric tons