US exports of feed grains set new record at 120 MMT led by corn

USA - The United States exports of feed grains and co-products for the 2017/2018 marketing year reached 120 million metric tonnes led by higher corn shipments, setting a new record for the second year in a row. According to the U.S. Grains Council, the year’s exports increased 6% (6.5 million tons) above last year’s record,…

Ready-to-eat US popcorn sales grows by 118% between 2012 and 2017

USA – The sales of ready-to-eat (RTE) popcorn in the US have grown by 118% between 2012 and 2017 as consumers embrace flavour innovation, according to research from Mintel. In total, the US RTE popcorn market is worth US$1.1 billion, while the total retail sales of popcorn increased 32% in the last five years to reach…

Davipel Group invests US$12m in snack facilities

ZIMBABWE - Davipel Group of Companies, an agro-processing firm has invested US$12 million to construct two state-of-the-art snack facilities as it builds mileage in snacking, milling and feed production. Launched by President Mnangagwa, the facilities come handy following the government’s control on imports under Statutory Instrument 64 (SI 64) of 2016, a legislation that requires…

US sugar production down 2.9% from a record high the previous year

USA - US sugar production for 2018-19 is forecast at 8,981,000 short tons, raw value, 2.9% down from record high 9,252,000 tons forecast for 2017-18, according to USDA’s May 10 World Agricultural Supply and Demand Estimates. For the next year, cane sugar production was forecast at 3,945,000 tons, down 2.1% while beet sugar production was…

Tanzania’s corn production to fall 2% for 2018/2019 harvest

TANZANIA - Tanzania’s corn production is forecast to decline 2% to 5.25 million tonnes for the year 2018/19 down from 5.35 million tonnes in the previous year, affected by pests and diseases, according to a report by Global Agricultural Information Network (GAIN) of the USDA. USDA further noted that apart from a major impact from…

Seed Co Zimbabwe introduces new ‘climate smart’ maize variety

ZIMBABWE - Seed Co Zimbabwe, the country’s largest supplier of certified crops has introduced new climate smart maize seed variety called SC 649, meant to address challenges in climate change experienced by many farmers. The new variety meets breeding objectives which came at a time when Southern Africa has had adverse climate effects, including prolonged…

Dangote, Flour Mills of Nigeria boost wheat production with threshing machines

NIGERIA - Dangote, Flour Mills of Nigeria and other stakeholders in the milling industry have donated 50 units AMAR multi-crop threshers to wheat farmers to boost wheat production in the country. According to the Guardian Nigeria, this aims at improving grain production for Nigeria estimated at about 16.3 million tons for wheat, rice, corn and…

Lower corn sales plunge Monsanto’s Q2 revenue with 1.1% fall in net sales

USA - Monsanto, the publicly traded American multinational agrochemical and agricultural biotechnology corporation has reported a 1.1% fall in net sales to US$5.02bn in the three months ended February 28 compared to a year earlier. The company recorded US$181m drop in corn seed sales, US$181m drop in corn seed sales with US sales being the…

Kenya corn production to rebound, high wheat output forecast

KENYA - Kenya’s corn and wheat production is expected to increase to 3.2 million tonnes and 360,000 tonnes in the 2018/19 MY, according to a report from the Foreign Agricultural Service of USDA. Corn production will increase 10% from 2.9 million tonnes in 2017-18 due to an improvement in weather conditions after a prolonged drought…

Thailand’s corn and rice production to hit record high

ASIA - According to the Foreign Agricultural Service of the USDA, rice and corn production in Thailand is predicted to reach a record 21million and 5.1million tonnes respectively in the year 2018-19. The higher figures reflect a 3% and 2-3% increase for rice and corn production from 2017-18 marketing year. Growth in production is expected…