WORLD NEWS
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Gavilon officially rebrands to Viterra in the US and Mexico after 2022 acquisition
USA- Gavilon has finally rebranded as Viterra across its business in the United States and Mexico, following Viterra Ltd.’s purchase of the grains origination and…
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Alltech and Finnforel to acquire Raisioaqua to enhance sustainable fish production
FINLAND- Kentucky-based Alltech and Finnish Finnforel will acquire the Raisioaqua fish feed production facility from Raisio, a Finnish company, to enhance sustainable fish production. Raisioaqua…
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Consumers could feel the wheat price spike impact sooner as millers hold less supply
GLOBAL- Wheat buyers globally are reducing their purchase of future supplies which means that consumers could feel price spike impacts sooner than they did in…
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Olam Agri’s 2022 revenue grew by 18.0% despite geopolitical risks and macroeconomic volatility
SINGAPORE- In spite of growing geopolitical risks and significant macroeconomic volatility in 2022, Olam Agri delivered revenue growth of 18.0% to US$36.9 billion. Olam Agri,…
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Mexican baking giant Grupo Bimbo to spend US$2B on capital investment in 2023
MEXICO – Grupo Bimbo, the Mexico-based bakery giant, plans to spend up to US$2bn on capital investment in 2023 in part to meet the demand…