Milling Middle East & Africa- Week 39,2024 News

LATEST AFRICAN & MIDDLE EAST NEWS

ADM opens new office, innovation laboratories in Kenya

KENYA — Archer Daniels Midland (ADM), a global leader in food processing and agriculture, has officially opened a new office in Kenya.?. .MORE

Niger Foods, Turkey’s Direkci Group seal US$2B soybean deal

NIGERIA? – Niger Foods has signed a US$2 billion memorandum of understanding (MoU) with Turkish company Direkci Group to supply 500,000 tons of soybeans annually...MORE

Egypt plans 32% cut in rice cultivation amid water scarcity crisis

EGYPT – The Egyptian government plans to reduce the area allocated to rice cultivation to 315,000 hectares by 2025 to address the country’s critical water shortage?.?.?.MORE

Tanzania to boost fish farming in rice paddies

TANZANIA?– The Tanzanian government has unveiled a new strategy to expand fish farming in ponds and rice paddies...?MORE

Burkina Faso exempts tax for local flour,?cereal production?

BURKINA FASO – The government of Burkina Faso has announced a tax exemption on the local production of wheat flour, corn, sorghum, and other cereals...MORE

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LATEST WORLD NEWS

India to ease export curbs on non-basmati rice amid rising global demand

INDIA? – India, the world’s largest rice exporter, is considering relaxing restrictions on overseas sales of non-basmati rice varieties. . .?MORE

General Mills reports improved market share in North American retail

NORTH AMERICA - General Mills Inc. has reported?a 4% increase in overall revenue, totalling US$4.9 billion, and a 6% rise in net income. . .MORE

Scoular celebrates completion of new oilseed processing facility in Kansas

USA – Scoular, a leading agricultural company based in Omaha, Nebraska, has?celebrated the completion of its new oilseed processing facility in Goodland...?MORE

Louis Dreyfus reports US$26B net sales in H1?

NETHERLANDS – Louis Dreyfus Company (LDC) has reported a drop in both net sales and net income for the first half of 2024...MORE

Bartlett celebrates opening of soybean processing plant in Cherryvale

USA – Bartlett has opened its state-of-the-art soybean processing plant in Cherryvale, set to process up to 49 million bushels of soybeans annually. .?. MORE