The company will be jointly owned by Samcrete Egypt, a leading domestic construction and industrial firm, and Feerum S.A., a Polish manufacturer specializing in grain storage and drying systems
The government has imposed a ban on maize exports to curb further depletion of national stocks.
Farmers say that there are more than 1 million metric tons of paddy rice lying unsold in warehouses and on farms nationwide
Primarily used for couscous and pasta production, Canada Western Amber Durum (CWAD) is especially valued in Morocco for its bright yellow pigment.
The sharp fall in Nigerian market prices is squeezing traders who held long positions earlier in the year expecting carry-over Q2-Q3 price strength.