Agricultural regulatory body AMA raises US$75m for grain procurement

ZIMBABWE - The Agricultural Marketing Authority (AMA) of Zimbabwe has raised US$75 million for grain procurement, about a month after it issued agro-bills to purchase maize from farmers. A statement from its financial advisor, CBZ Bank said that the authority sought to secure the funds for buying maize through the grain trade and marketing company,…

Grain millers receive 30,000 tons of imported wheat to address shortage

ZIMBABWE - Grain Millers Association of Zimbabwe (GMAZ) has received 30,000 tonnes of wheat imported from Germany to address shortage that had seen millers temporarily cease operations, reports the Herald. The move follows foreign payments of wheat stocks by the Reserve Bank of Zimbabwe (RBZ) owed to Holbud’s Lithuanian, who had held the consignments due…

Farmers and millers mulling new policy regulations to revive sugar sector

KENYA - Farmers and millers mainly from the Lake Region Economic Bloc (LREB) have agreed on key proposals in the sugar regulations in a bid to adopt a new policy that would revive the long-ailing sugar sector. According to the Nation, the stakeholders led by LREB Chairman Wycliffe Oparanya and Kisumu’s Anyang’ Nyong’o agreed on…

Zimbabwe’s grain deliveries top 1.1m tons as it moves to become food secure

ZIMBABWE - State owned commodity trading enterprise, Grain Marketing Board has received 1.1 million tonnes in maize deliveries from farmers for the 2018 marketing season as the country moves away from grain imports, reports the Herald. According to GMB, maize deliveries were expected to reach 1.2 million tonnes given farmers were still selling their commodities…

Sugar Corporation to inaugurate third sugar factory under US$286m Omo Kuraz Project

ETHIOPIA - Ethiopian Sugar Corporation is set to inaugurate Omo Kuraz Sugar Factory Three on October 14, built with US$286.12 million loan from China Development Bank. According to the state corporation, the new factory will have the capacity of upto a thousand tonnes of sugar per day, producing three types of sugar with modern technology…

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,…

IRRI to receive US$1.4m a year funding from Crop Trust to conserve rice varieties

SINGAPORE - The International Rice Research Institute (IRRI) is set to receive US$1.4 million worth of funding from non-profit organization, Crop Trust in a partnership to ensure conservation and sharing of 136,000 varieties worldwide. The seeds, stored at IRRI’s high-tech facility in Los Baños, Philippines, will be used by scientists worldwide to develop improved rice…

Bakhresa Group halts flour exports to Kenya on inapt tax rules

TANZANIA - Bakhresa Group which operates one of the largest flour mill in Tanzania has suspended Kenya flour exports on changing rules and systems for exporting goods into the country. The company said frequent changes in tax rules, instituted by the Kenya Revenue Authority (KRA) have slowed its exports to Kenya and led to losses…

Research Institute embarks on strategic crossbreeding to boost beef production

TANZANIA - Tanzania Livestock Research Institute (TALIRI) has rolled out a special crossbreeding programme aimed at boosting beef breeds while improving production in the country. The initiative seeks to increase the stock of Boran cattle, a popular Zebu beef breed while addressing challenges faced in beef production. Speaking to Daily News, TALIRI Director General, Dr…

ADM re-opens modern flour milling facility in Oklahoma

USA - Archer Daniels Midland Company, an American global food processing company, has joined with members of the community to celebrate the re-opening of its modernized flour mill in Enid, Oklahoma. According to the company, the modernization project involved a complete retro-fit of ADM’s existing mill in Enid, which was built in 1928. ADM replaced…