WORLD NEWS
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ADM partners with biotech startup Brightseed on functional synbiotics
USA- Global food processing and commodities trading corporation Archer-Daniels-Midland Company (ADM) is partnering with California-based biotechnology startup, Brightseed, to develop functional synbiotic products. This partnership…
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Brazil’s 7 MMT estimated rice yield lowest in 25 years as drought persists: USDA
BRAZIL- Brazil could produce its lowest rice crop in 25 years in the marketing year 2022/23 at 7 million metric tons (MMT), according to a…
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Louis Dreyfus to double capacity of canola facility in Yorkton, Canada
CANADA- Louis Dreyfus Co. (LDC) announced plans to expand its canola processing complex in Yorkton, Saskatchewan, Canada, to double its current capacity to more than…
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Australian barley could reenter Chinese market following new deal with China
AUSTRALIA- Australia has reached a deal with China to attempt reopening the Chinese market to Australian barley after China imposed an 80% import tariff in…
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Adani Wilmar records a 14% jump in volume, pushing revenue to cross US$ 6.7M in FY23
INDIA – Adani Wilmar, a leading packaged food company in India has recorded a year-on-year (YoY) volume growth of 14% in the last fiscal, helping…