WORLD NEWS
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Indian wheat procurement soars above last year’s purchase of 18.8 MT
INDIA- Wheat procurement in India, the world’s second-biggest wheat producer, has increased by almost 1 million tonnes, jumping from 18.8 million tonnes last year to…
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Brazil soybean acreage to increase in year 2023-24 after five spectacular successive seasons: USDA
BRAZIL- Brazilian soybean acreage and production is forecast to increase in the 2023-24 marketing year after impressive records in 2022-23, according to a Global Agricultural…
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Nestlé Toll House launches two plant-based chocolate flavors for baking
EUROPE – Nestlé, the world’s largest food company has taken a major industry leap with the launch of two new Vegan chocolate chips under its…
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International Grains Council revises global flour trade higher
ENGLAND- In its 20th April 2023 report, the International Grains Council (IGC) revised global wheat flour trade in 2022-23 up 500,000 tonnes from its previous…
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ADM Q1 earnings exceed expectations thanks to Ag Services & Oilseeds segment
USA- ADM has posted revenue of US$24.07 billion in its first-quarter results ending 31st March 2023, beating Wall Street projections of US$23.48 billion. Additionally, ADM’s…