The financial results highlight modest sales growth in the final quarter, continued pressure on annual performance, and a strategic reset under new President and Chief Executive Officer John Brase.
Government says the move will support local processors while keeping controls on export volumes.
The extension gives local farmers more time to sell their harvest, but grain traders warn that slow collections could tighten supplies before imports return.
The deal adds new production capacity and strengthens Starco’s position in powdered foods, baking mixes, nutritional products, and private label manufacturing.
Government purchases have started to reduce stock levels, but industry leaders say stronger trade policies and better processing remain key to securing the future of Malian rice.