Zimbabwe’s private, public sector collaborate in boosting grain production

ZIMBABWE – PHI Commodities, subsidiary of National Foods Limited has committed to fund over 20 000 hectares of both maize and wheat production under contract farming during the 2019/2020 summer cropping season. This is in […]

Algeria tenders for milling wheat imports to boost domestic reserves

ALGERIA – OAIC, Algeria’s state grains agency issued an international tender to buying wheat sourced from optimal origins, European traders whose deadline was 22nd October 2019, reports Reuters. According to the tender, the agency sought […]

Ethiopian government flags off construction of US$167m irrigation projects

ETHIOPIA – Ethiopia’s Ministry of Water, Irrigation & Energy has began the construction of three irrigation dams in Oromia Regional State, Southern Ethiopia at a total cost of 4.9 billion Br (US$167m). Located in Chelchel […]

Ethiopia’s Lowland Wheat Initiative kicks off to promote self-sufficiency

ETHIOPIA – Lowland wheat initiative in Ethiopia has kicked off and set to cover more than 132,000 hectares of land across three lowland basins i.e Awash, Wabeshebelle and Omo regions to ensure food self-sufficiency and […]

Ethiopia tenders 400,000tn wheat import bid to meet local demand

ETHIOPIA – The Ethiopian government is set to import another batch of wheat amounting to 400,000 tons in bid to meet market demand amid transportation crisis. Ethiopia is among top Africa’s wheat producing countries with […]

USDA projects increase in consumption of wheat, corn in Egypt

EGYPT – According the Global Agricultural Information Network report from the U.S. Department of Agriculture (USDA), consumption of wheat and corn in Egypt is forecast to increase in 2019-2020 due to population growth and increase […]

VTB acquires majority stake in Russian grain trader Mirogroup

RUSSIA — Russian state-controlled bank VTB has revealed that it has completed the purchase of a 70% stake in Russian grain trader Mirogroup, the Reuters reports. The transaction expands the lender’s diversification into the grain […]

Russia extends zero duty on wheat export on a stable market

RUSSIA – The Russian government has extended the zero rate for the wheat export duty to July 1, 2021. According to Russia’s Agriculture Minister Dmitry Patrushev, there were no reasons to abolish the zero-duty rate […]

World wheat flour trade estimated to modestly increase in 2019/20

UK – World wheat flour trade is expected to increase slightly in 2019-20, according to the initial estimate from the International Grains Council (IGC). According to a World Grain report, the IGC estimated world trade […]