WORLD NEWS
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Grupo Bimbo names Marie-Eve Royers president of Bimbo Canada, seeks supplier partnership in net zero journey
CANADA – Grupo Bimbo, has appointed Marie-Eve Royer to succeed Joseph McCarthy as the new president of its Canadian business unit. McCarthy transitions to a newly…
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Indonesian government restricts palm oil exports to secure local supplies amid crisis
INDONESIA- To curb the inadequate supply of cooking oil in the country, palm oil exporters will only export 6 times the volume they sell domestically…
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Argentina soybean production to underperform in 2023 due to prevailing drought: USDA
ARGENTINA- The world’s top soybean exporter, Argentina, is expected to perform dismally in the 2022-2023 marketing year due to the prevailing drought in the country…
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ADM to close 140-year Texas flour mills in portfolio optimization exercise
USA- Chicago-based Archer-Daniels-Midland Company (ADM) has announced plans to halt operations at their New Braunfels, Texas, flour mill by the end of March 2023. Formerly…
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Reforming harmful subsidies key to achieving global food security and sustainable food systems -IMF says
GLOBAL – Countries have been urged to reform their subsidy programs to enhance their effectiveness in curbing rising cases of food insecurity and malnutrition globally.…