Commodity & Trade Updates
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LDC half year sales shrink 8.9% as drought in the US, lower crop yields in Argentina impact volumes traded
NETHERLANDS– Louis Dreyfus Company has released its consolidated financial results for the six-month period ending June 30, 2023, showcasing a strong performance despite the persistent…
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India’s ambitious grain storage expansion to tackle food security challenges
INDIA- The Food Corporation of India (FCI) India, a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution, is taking significant steps…
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Kenyan regulator threatens license revocation for beans, peas exporters on pesticides use
KENYA- The Horticultural Crops Directorate recently issued a warning of license revocation for exporters of fresh beans and peas in pods found with excessive pesticide…
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Egypt back in talks for major Russian wheat imports
EGYPT- Egypt, one of Africa’s major wheat consumers, is currently in talks to acquire 1 million metric tons of wheat from the Russian government, according…
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LDC celebrates Fuling Food Industrial Park and R&D center launch in China
CHINA- Louis Dreyfus Company (LDC), a leading global agribusiness, Donlink Holding Group (Donlink), and Guangdong HAID Group (HAID) are celebrating the completion of the first…