Commodity & Trade Updates
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UAE-based Al Dahra, ADEX to supply US$500M of wheat to Egypt
EGYPT- UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX), the export financing arm of state-owned Abu Dhabi Fund for Development, have signed…
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Cargill champions regenerative agriculture practices for aqua-feed raw materials
USA- Global commodity trader Cargill is ramping up its focus on regenerative agriculture practices to produce raw materials for global aquaculture, according to its latest…
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Kenyan cabinet approves duty-free importation of raw materials for animal feeds processing
KENYA – Kenya has approved the duty-free importation of raw materials for the processing of animal feeds as an intervention to address the skyrocketing cost…
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Cargill reports US$177B revenue in Q2, partners ZeroNorth to reduce vessel emissions
USA- Global commodities trader Cargill Inc recently reported that its fiscal year 2023 revenue increased 7% from a year earlier to US$177 billion, the highest…
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USDA exponentially increases grain storage disaster funding
USA- The U.S. Department of Agriculture’s Farm Service Agency (FSA) has quadrupled and begun issuing cost-share assistance payments through the Emergency Grain Storage Facility Assistance…