The new system allows farmers to apply online for duty-free export access while grain markets continue to adjust to weaker corn demand.
Nestlé has committed to advancing regenerative food systems at scale and aims to source 50% of its key ingredients from farmers adopting regenerative agriculture practices by 2030.
The 22 acre site will produce concentrates for PepsiCo’s product portfolio and is part of a larger Rs 5,700 crore (US$598.67M) investment pipeline the company has committed to India through 2030.
The transaction involves Ingredion selling a 51% interest in Rafhan Maize for approximately US$165 million, while maintaining roughly a 20% ownership position to support future collaboration and regional growth.
The deal expands Cargill’s grain handling network in Western Canada as the company continues to invest in its global food and agriculture business.