Soybean

The inspection changes, introduced following a request from Chinese authorities, require more stringent checks for pests and weeds on soybeans destined for China, according to Cargill and market reports.

The complex also features soybean preparation and crushing lines, oil and meal extraction units, a lecithin degumming and packaging section, and a refinery.

The newly commissioned plant is designed to have a daily crushing capacity of 12 tons of soybeans, capable of producing up to 10 tons of high-quality refined oil for the domestic market.

The transaction aligns with Bunge’s strategy to optimize its ingredients portfolio, aiming to offer a more diverse range of solutions to customers.

Global wheat production was forecast to outpace consumption, leading to an increase in world wheat ending stocks.