Kenyan millers to get US$69m worth of maize to ease shortage

KENYA –The Government of Kenya is set to release 3 million bags of maize worth US$69 million to maize millers in the country aimed at easing shortage that has spiked maize and flour prices. Zakayo Magara, acting managing director of the National and Cereals Board (NCPB) said, the millers would receive the grain in tranches…

Ardent Mills to close four US flour mills for operating efficiency

USA – US-based leading flour supplier, Ardent Mills has announced that it is closing close four U.S. flour mills to reflect the analysis of current and prospective flour demand, with a goal to enhance operation efficiency, reports World Grain. The mills have a combined milling capacity of 23,600 cwts and are located in Macon, Georgia;…

South Africa’s Kaap Agri grows revenue 28.7% to US$310.74m as conditions recover

SOUTH AFRICA - Kaap Agri, a South African agriculture group, reported a 28.7% in half-year revenues were up to US$310.74 million (R4.4bn) in the six months to end-March this year. The company, which trades in the agricultural, fuel and related retail markets in Southern Africa said net profit rose 3% in the six months period…

Bunge unveils new global business model with senior appointments

USA – Bunge Ltd, global leader in agribusiness and food commodities has announced new global operating model plus changes to its senior leadership structure. The company said the new business structure is aligned with its commercial activities including handling and processing, managing physical product flows, and risk management and optimization.    Agribusiness will be led…

Coca-Cola, PepsiCo, Danone among founding members of China Food Tech Hub

CHINA – China-based startup accelerator and venture capital firm Bits x Bites has launched the China Food Tech Hub, with Coca-Cola, PepsiCo, General Mills and Danone being among the ten founding members. Other members include Givaudan, Griffith Foods, Louis Dreyfus Company, Novozymes, Nutreco and Puratos. The hub will enhance collaboration with multinational consortium with an…

Ghana to establish rice processing factory in Kassena under 1D1F initiative

GHANA – The government of Ghana has unveiled plans of establishing a rice processing factory in Kassena-Nankana Municipal under the government’s flagship programme, One District One Factory initiative (1D1F). Mr Williams Adum, the Municipal Chief Executive (MCE) for Kassena-Nankana Municipal, said the factory will facilitate value addition as well as increase rice production in the…

Cargill voluntarily recalls feed possibly contaminated with aflatoxin

USA – Cargill’s animal nutrition business is voluntarily recalling select Southern States feed due to aflatoxin levels that exceed the U.S. Food and Drug Administration (FDA) action levels, according to World Grain. The affected products were manufactured at Cargill’s Cleveland, North Carolina, U.S., facility. Cargill first learned of the issue when it received a notification…

ADM Milling receives workplace awareness and safety award

USA – ADM Milling has received recognition from two professional milling and baking industry associations for promoting workplace safety awareness in the year 2018. 42 ADM milling locations were honored by the American Bakers Association after the business recorded a DART (Days Away Restricted or Transferred) rate of .40 and a TCIR (Total Case Incident…

Kellogg operating profit dips 25.4% as cereal sales continue to fall

USA - The Kellogg Company recorded an operating profit drop of 25.4% in its first-quarter results, as falling cereal sales and “business realignment costs” marked a difficult start to the year for the company, according to FoodBev report. Following the release of the results, Kellogg’s – which owns major brands such as Corn Flakes, Rice…

US Grains Council names Ryan LeGrand as new President and CEO

USA - U.S. Grains Council (USGC) has appointed Ryan LeGrand, current council director in Mexico as new president and chief executive officer, effective mid-June. He succeeds Tom Sleight, who announced his retirement from the council this February. LeGrand joined USGC in Mexico in 2015 and has served as the director of the council’s Mexico City…