WORLD NEWS
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General Mills to bolster its US frozen dough business through expansion
USA – General Mills, Inc. plans to invest US$48M in expanding its frozen dough plant in Joplin in a bid to increase the site’s manufacturing…
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Cargill reenters pet food market in Latin America
LATIN AMERICA- Cargill, a major player in commodity trading and the animal feed sector, is reentering the pet food market in Latin America, giving a…
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RAPS expands footprint with new baking ingredients line
GERMANY- RAPS GmbH & Co.KG, a specialist flavor company, recently announced plans to present its new ingredient range for the bakery industry and retail chains…
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Lamentable wheat harvest in Canada to push pasta prices up
CANADA- According to a recent report released by Statistics Canada, all-wheat production stands at 29.5 million metric tons, down 14 percent from last year, which…
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Soybean powerhouse Argentina eases currency policy to alleviate soybean scarcity
ARGENTINA- The world’s largest producer of soybeans, Argentina, is allowing grain exporters to keep 25% of the foreign currency they generate in September to import…