WORLD NEWS
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GrainCorp registers US$134m net profit owing to increased oilseed crush volumes bumper canola crop
AUSTRALIA- GrainCorp reported A$200 million (US$134 million) in net profits after taxes for the first half of the 2023 financial year that ended March 31,…
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Argentine Bioceres to bolster drought-resistant HB4 wheat sales through marketing partnerships
ARGENTINA- Bioceres, an Argentine biotech firm, plans to expand its HB4 wheat seeds sales by partnering with 45 seed multiplier firms ahead of planting season,…
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Bayer foresees dismal 2023 results amid inflation and deflated prices, invests US$65m in Ukraine operations
GERMANY- Drug and pesticide maker Bayer estimates that its 2023 results will likely come in at the lower end of its targeted range, jeopardized by…
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Global wheat production forecast up 1.5M tons as Argentine crop recovers from severe drought: USDA
GLOBAL- World wheat production is forecast at a record 789.8 million tons for 2023/24, up 1.5 million from the 2022/23 production, partly due to the…
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Australian CBH Group to co-develop sustainable ethyl formate-based fumigation solutions with UBL
AUSTRALIA- Cooperative Bulk Handling Ltd. (CBH Group), Australia’s largest grain exporter, has signed a collaborative agreement with Universal Biosecurity Ltd. (UBL), to co-develop ethyl formate…