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Grains & Milling
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ADM operating profit declines 38% in Q1 2025
On May 6, ADM’s stock price rose to US$48.32 per share from US$47.50 the previous day.
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Maize flour prices surge in Kenya amid grain shortage, feed competition
According to KBNS, the price hike is attributed to intensified competition for maize between human food processors and animal feed manufacturers.
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Saudi Arabia’s Fourth Milling Co. announces US$71M expansion to boost flour, feed output in Al-Kharj
The project will raise the site’s total flour capacity to 1,350 tons per day with an additional 750 tons/day from the new mill, while the feed plant will contribute 240 tons/day.
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Global feed output in 2024 hits 1.4B tons: Alltech
The annual survey gathered data from 142 countries and 28,235 feed mills.
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Australia poised for strong wheat,barley harvests despite dryness: USDA
Despite FAS forecasting a decline in wheat and barley production for the upcoming season, output is still expected to remain well above the previous 10-year average.