The sharp decline comes at the peak of Ukraine’s harvest season and has renewed concerns over global food security, particularly for grain-importing countries in Africa and the Middle East.
The expansion follows the successful commissioning of the Richmond facility, which became fully operational in 2025 and represents a major investment in the region’s grain-processing infrastructure.
The government has renewed its focus on Ghana’s oil palm industry, with the planned expansion forming part of efforts to increase farm output and strengthen local processing.
Egypt’s domestic wheat procurement rose nearly 20% from last year, but the government said it surpassed its target after adding durum wheat and seed stocks.
The new engines are intended to boost reliability, safety and operational efficiency on CBH’s narrow-gauge lines that move grain from the Wheatbelt to port.