Egypt to import milled, paddy rice to meet market demand

EGYPT - The government of Egypt has announced the decision to import milled and paddy rice to increase supply of the commodity as well as prevent potential price shock to consumers. A June 13 USDA report indicated that grain hoarding, which resulted in the decline in the volume of rice being offered to the country’s…

Nigeria to commission Africa’s first rice seedling factory in Calabar

NIGERIA - Nigeria’s President Buhari is set to commission Africa’s first automated rice seed and seedlings factory in Calabar, Cross River State as part of the country’s initiative to agricultural diversification. The factory is located in the Cross Rivers rice city and according to New Telegraph, the rice project is expected to boost the state’s…

Reserve Bank releases US$20m for 200,000 tons of wheat imports

ZIMBABWE - The Reserve Bank of Zimbabwe (RBZ) has released US$20 million for importation of wheat from Canada and Germany to supplement the insufficient national wheat stocks. This was as requested by millers following poor harvest in the drought-hit southern African country. The amount will be used to pay for 200,000 tonnes of wheat procured…

Ghana opens a new flour milling factory in West Coast Region

GHANA - Ghana has established a new plant, Aspuna Flour Mill and Processing Factory in Duwasu, Kombo, West Coast region that will process cassava into flour and starch, reported a Ghana Newspaper, Foroyaa. While the cassava flour produced will be sold in the local market and surplus exported, the starch will be exported to attract…

IFC invests US$25m in KazFoodProducts food processing group

ASIA - The International Finance Corporation (IFC), a member of the World Bank Group is investing US$25 million in KazFoodProducts LLP food processing group of companies operating in grain milling and confectionary sectors. The investment aims at supporting the company’s expansion plans, boost Kazakhstan agricultural sector through diversification strategies as well as enhancing global food…

Pioneer Foods’ division Bokomo upgrades milling plant for increased efficiencies

BOTSWANA - Bokomo Foods, a breakfast cereals company and division of Pioneer Foods (Pty) Ltd has unveiled an extensive mill upgrade which it had been undertaking since the first quarter of 2018, reported Botswana Daily News. According to the company’s CEO Mr Werner De Beer, the upgrade was a first of its kind in the…

Genetically modified wheat ‘related to Monsanto GM wheat line’ detected in Canada

CANADA - The Canadian Food Inspection Agency (CFIA) has discovered genetically modified (GM) wheat in southern Alberta, Canada even when GM wheat is not authorized in the country. World Grain reported that the testing carried out by CFIA found out that the Alberta wheat sample was a match for a Monsanto GM wheat line that…

Former CBH CEO to join Australia’s consumer brand, SunRice

AUSTRALIA - Sun-Rice, the Australian consumer brand and trading name of Ricegrowers Limited is set to receive Andy Crane, former chief executive officer of CBH as additional external director. She will be elected to the board during SunRice’s annual general meeting (AGM) on September 20 According to WorldGrain, Crane has more than 30 years’ experience…

Australia’s GrainCorp opens branch in Ukraine

UKRAINE - GrainCorp, the Australian grain and related commodities handler has opened a new company in Ukraine to provide its customers with agricultural raw materials, grains, seeds and animal feeds. In reference to data from the Ukrainian state registry, Reuters reported that the new firm, GrainCorp Ukraine Ltd, was registered on May 14 within the…

Cargill introduces new in-store roasted deli meat in line with culinary innovation

USA - Cargill has introduced new in-store roasted deli meat and deli-prepared offerings as a result of its culinary innovation featuring research and development of new products with a focus on nutrition. The new products highlight consumer insights driven by protein innovation and forms part of Cargill’s focus area that is, in-store roasted meats and…