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WORLD NEWS
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Lallemand finalizes acquisition of AIT Ingredients from Moulins Soufflet
The transaction, initially announced in May 2025, strengthens Lallemand’s foothold in the global baking ingredients market
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South Korea’s milled rice output, consumption expected to decline in 2025/26: USDA
The drop is attributed to a continued reduction in planted area, part of a national strategy to manage long-standing oversupply challenges in the domestic market
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China eyes record corn harvest despite lowered forecast, slashes imports further
FAS now projects imports at 8 million tonnes, down 2 million tonnes from its previous estimate but still 1 million tonnes higher than the 2024-25 figure
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Russia cuts wheat export duty to zero in major policy shift
This marks the first time the duty has been eliminated since it was introduced in 2021.
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Ferrero group to acquire WK Kellogg Co for US$3.1B
The acquisition gives Ferrero ownership of WK Kellogg Co’s extensive portfolio of iconic cereal brands