Africa’s wheat consumption grows as imports hit 47million tonnes

AFRICA – Africa’s grain consumption has over the past decade posted remarkable growth amid increasing demand propelled by the increasing population and changing consumer habits. According to a report by World Grain, wheat was among the major grains that recorded significant increase in consumption. Wheat imports in the continent increased to 47 million tonnes from…

VTB Bank to acquire grain terminal from Novorossiysk Commercial in Russia

RUSSIA - VTB Bank, one of the leading universal banks of Russia has reached an agreement to acquire a grain terminal from Novorossiysk Commercial Sea Port (NSCP), a leading commercial sea port operator for an undisclosed sum. The deal will enable the VTB bank have more control over Russia’s main deep-sea grain export hub. The…

CBH Group expands grain storage capacity in Chadwick after US$11.4m investment

AUSTRALIA - The CBH Group has said that it has expanded its Chadwick grain receival site near Esperance after completing the US$11.4 million investment across its network. The company has added 80,000 tonnes of new permanent storage at the facility, expanding its capabilities in handling, marketing and processing grain while reaching its customers with better…

Kenya lifts ban on China fish imports as demand increases

KENYA – Kenya has lifted the ban on fish imports from China as the country continues to experience increased demand that has caused fish shortage in the country, reports Business daily. The Department of Fisheries in the country, which imposed the ban last year after President Kenyatta issued a directive against importation of Chinese fish…

IDC Zambia launches palm out-grower scheme to boost local capacity

ZAMBIA – Industrial Development Group of Zambia (IDC), which controls the majority stake at ZamPalm Ltd, has launched palm out grower scheme as part company’s ambitions to boost palm oil production capacity in the country. Speaking during the launch of the out-grower scheme, Mr Mateyo Kaluba IDC Group Chief Executive Officer said that the firm…

USAID hands over modern dairy processing plant to Makueni co-operative

KENYA – Kenyan dairy farmers have received a modern dairy plant from the United States Agency for International Development (USAID) which is set to boost milk production. Located in the Makueni county, Eastern region, the fully installed dairy processing plant has a capacity to pasteurize 1000 litres of milk per hour. The project was developed…

U.S. Grains Council president and chief executive Tom Sleight to retire

USA – President and Chief Executive Officer of the U.S. Grains Council (USGC), Thomas Sleight has announced plans to retire in the summer when his successor will be appointed by the firm’s Board of Directors. Tom was named president and CEO of the firm in 2012 after Thomas C. Dorr who also retired from USGC.…

IRRI strengthens partnership with University to enhance rice research

PHILIPPINES - The International Rice Research Institute (IRRI) has signed a memorandum of understanding (MoU) with Nagoya University in the Philippines to strengthen capabilities in rice research and education. The cooperation between IRRI and the University will run through a 15-year period bringing together expertise in rice-based agri-food systems with a goal to greatly contribute…

Tate & Lyle launches stevia sustainability project in partnership with Earthwatch

UK – Food and beverage ingredients supplier, Tate & Lyle has partnered Earthwatch, an international environment body to launch a new research project to assess the sustainability of the stevia sweetener supply chain. The strategic review will be carried out by Earthwatch, Tate & Lyle and its stevia partner Sweet Green Fields will join expertise…

Animal nutrition firm Wilbur-Ellis Feed rebrands as Wilbur-Ellis Nutrition

USA - Wilbur-Ellis Feed, LLC, a Canadian animal feed, agribusiness, and specialty chemicals company has been rebranded as Wilbur-Ellis Nutrition. Founded in 1921, the firm is part of the Wilbur-Ellis companies with a vision to develop innovative products within rigorous safety standards and delivered with superior customer service in livestock, pet food and aquaculture industries.…