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WORLD NEWS
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ABF reaches agreement to acquire Hovis Group in bakery merger deal
ABF plans to leverage significant synergies to drive cost efficiencies in production and distribution while expanding product innovation capabilities.
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US Consumer Price Index holds steady for baked foods and cereal in July
The CPI figures for baked goods and cereal products show negligible change.
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Lead Food Capital eyes national expansion by acquiring DF Seeds
This marks Lead Food Capital’s first acquisition in the region, positioning it for further expansion in the specialty soybean and non-GMO seed markets.
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Neuero delivers floating grain terminal in Argentina
This innovation helps reduce underloaded voyages, previously 15% to 35% below capacity.
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Global wheat prices remain under pressure as strong supply weigh on markets
Markets eased up to the end of July, pressured by strong supply prospects, harvest progress, currency movements, and lacklustre export demand.