Commodity & Trade Updates
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Kenya’s maize production falls by over 10M bags in five years: KNBS
KENYA- Recent data by the Kenya National Bureau of Statistics (KNBS) reveals that the production of Kenya’s number one staple food, maize, has fallen by…
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E20 and Dubai Investments ink MOU for rice production in Angola
ANGOLA- E20 Investment, an Abu Dhabi-based agribusiness investment company, and Dubai Investments have signed a Memorandum of Understanding (MOU) to develop 3,750 Ha of agricultural…
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Mexico corn production to rise by 2MMT on back of sustained govt efforts to boost production
MEXICO- The Mexican Ministry of Agriculture and Rural Development predicts domestic corn production will increase by 2 million tonnes in 2023, reaching a projected total…
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Russia rejects bank compromise as Black Sea grain deal expiry nears
RUSSIA- With only a week before the expiry of the Black Sea Grain Initiative, Russia has restated a demand for its state agricultural bank to…
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Bunge breaks ground on new multimillion US dollar protein facility, partners Chevron in Argentina seed business acquisition
USA- Leading global agribusiness Bunge has broken ground on a new US$550 million protein facility in Morristown, Indiana. U.S., according to an announcement the company…