Commodity & Trade Updates
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Recent Russian localization rules create concern for seed sector: Euroseeds
RUSSIA- The European seeds manufacturers association, Euroseeds, recently sent a letter to Russian Prime Minister Alexey Mishustin warning about the risks the Russian localisation rules…
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Russia officially withdraws from UN-brokered Black Sea grain initiative
RUSSIA- Russia has officially pulled out of the black sea grain initiative, which has been facilitating the export of grain from war-torn Ukraine, after its…
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Zimbabwe agricommodities exchange reports 767% jump in maize trade volumes
ZIMBABWE- The weekly Zimbabwe Mercantile Exchange (ZMX) agricultural commodities auction recovered from a lucklustre Day 3 to record a 767 percent increase on Day 4,…
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Nestlé U.S. to facilitate regenerative agriculture within its DiGiorno wheat supply chain
USA- Nestlé U.S. recently announced plans to invest in helping bring regenerative agriculture practices to wheat farms within its DiGiorno pizza brand supply chain, partnering…
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Algeria launches construction of cereals storage complex with 20,000 tonnes capacity
ALGERIA- Mohamed Abdelhafidh Henni, Algeria’s Minister of Agriculture, has kicked off construction work on a cereal storage complex with an estimated capacity of 20,000 tonnes,…