LATEST NEWS
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Flour Mills of Nigeria to raise N55 billion (US$70M) as part of its Commercial Paper Programme
NIGERIA – Flour Mills of Nigeria PLC (FMN), one of the largest foods and agro-allied groups, has announced the issue of up to N55 billion…
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Robust rains to boost rice production in India after recent ban on non-basmati exports
INDIA- According to data from the country’s farm ministry, Indian farmers have planted 28.3 million hectares (69.9 million acres) with summer-sown rice, up 3.28% from…
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India’s rice export ban to take a toll on Zambia’s domestic supply
ZAMBIA – India’s rice export ban will negatively affect the supply of the commodity, triggering higher prices on the domestic market according to the county’s…
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US refuses to cooperate with Mexico on GM corn studies escalating existing dispute
MEXICO – The United States has denied a request by Mexico to jointly conduct scientific research on the health impact of genetically-modified corn, a Mexican…
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Egypt seals deal to import 360,000 tons of wheat from Russia, Romania
EGYPT – Egypt’s General Authority for Supply Commodities (GASC) has sealed a deal to import 360,000 tons of wheat to maintain strategic reserves, according to…