SOUTH AFRICA – Blinkwater Mills was fined for colluding with other maize milling firms to fix the price of milled white maize.
SOUTH AFRICA – Grain prices dropped further this past week as early projections painted a favourable outlook for SA’s main crops, ranging from maize to wheat.
BRAZIL – Brazil raised its hopes for both corn and soybean crops to record highs, citing factors ranging from improved seed to benign weather – although rains in the key state of Mato Grosso have caused some crop damage.
KENYA – Kenyan millers and traders are set to take up 87 per cent of the 275,000 metric tonnes of grain that East African regional countries have agreed to import from Ethiopia.
INDIA – Indian wheat imports will remain at the current elevated level next season, despite a near record harvest, with stocks depleted after years of production deficit, US officials said.
KENYA – Leading manufacturer of human nutrition products and animal feeds Unga Group’s half year revenues for the six months ending 31 December 2016 decreased by 2.6% from KSh10.5 billion (US$102.29b) in 2015 to KSh10.2 billion ($99.37b) in 2016.
AUSTRALIA – Australian wheat production and exports will fall back from record levels next season, the country’s crop forecaster said, as competition from other crops reduces planted area, and conditions return to normal.
SOUTH AFRICA – When Maxime Holder, the international president of family-owned French bakery-café PAUL, visited South Africa for the first time in 2012, he encountered home-grown restaurants Mugg & Bean and Tashas.
SOUTH AFRICA– Pioneer Foods, home to brands such as Ceres, Weet-Bix and Liqui Fruit, has told shareholders it is in talks.
ZAMBIA – Zambia, the only southern African country to produce a corn surplus last year, may run out of storage space if a ban on exporting the grain isn’t lifted, according to local traders.