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…
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…
KENYA - Seaboard-backed grain miller, Unga Group is set to commission a new 300 tonnes-a-day wheat milling plant next month, an expansion of the Eldoret facility that currently handles 250 tonnes. According to Business Daily, the company will also install a soya meal production facility at its Nairobi plant by June next year. Unga’s investment…
KENYA - Kenya has announced 25% import duty on Tanzania’s products like flour, saying it is produced from imported wheat which contravenes the East African Community (EAC) rules and regulations on such products, reports Business Daily. The two countries have had a long-time battle regarding some products such as sugar, flours and cement products, blaming…
EGYPT - Egypt’s wheat imports are projected to increase from 12.3 million tonnes to 12.5 million tonnes in the year 2018/19 despite strong local production forecasts, according to USDA’s Global Agricultural Information (GAIN) September report. Wheat consumption in 2018-19 is forecast at 20.1 million tonnes by the USDA, up 1.5% from the 2017-18 estimate of…
NIGERIA - The wheat based products manufacturer Honeywell Flour Mills Plc has announced 34% growth in revenue to US$197.80 million from US$147.17 million recorded in the year 2017, even as it plans to start production on the new factory in Sagamu next month. According to the Guardian, the company’s gross profit grew by 26% from…
ETHIOPIA - Bunge SA and Hakan Agro DMCC have placed offers to supply the government of Ethiopia wheat worth US$49.50 million amidst shortages of the commodity in the market. The Herald reports the two were the only among 12 companies who bought bid documents after expressing interest in supplying the commodity meant for both government’s…
KENYA - The government of Kenya has drafted guidelines and standards governing the blending of maize and wheat flour by millers to strengthen the nutritional components of the products, reports the Nation. According to a Kenya Bureau of Standards (KEBs) technical team, the ministry of agriculture wants all flour to be blended by crops like…
ETHIOPIA - Ethiopian Trading Business Corporation through the state grain buyer, Public Procurement and Property Disposal Service (PPPDS) has tendered to procure 200,000 MT of wheat grain or milling wheat even as the country faces a shortage of wheat. PPPDS has invited eligible bidders both from local and international countries for the supply of the…
EUROPE - The drought in many regions of the European Union and Eastern Europe has caused significant damage to wheat, maize and barley crops, according to FAO of the United Nations. FoodingredientsFirst reported that the Food and Agriculture Organization of the United Nations (FAO) said that the prices of these crops could remain under upward…
