Kenya has set a target to double corn production in the next five years. The government also said that it will be promoting a change in the local diet to reduce corn consumption and increase that of potatoes and rice.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS There was very good news for international grain companies operating in Egypt with the Central Bank's announcement that the ban on companies transferring earnings abroad has been lifted. Although the bank advises that it will not be supplying USD for any transfers and that sourcing dollars will be the companies' task, this action should still make the grain business in Egypt a little easier for global firms.According to Egypt's supply minister, the government's targe...
What You Need to Know Today: Shipping in the Black Sea is at a standstill, with neither Ukraine nor Russia yet ready to swerve in this game of maritime and export brinkmanship. Israeli media suggests the U.S. and Iran may be close to making a deal or at least restoring the memorandum of unders...
Just when it seemed the restaurant industry had finally moved beyond the pandemic disruption, the arithmetic of the American food dollar caught up with it. The National Restaurant Association projects that total restaurant and foodservice sales will reach a record $1.55 trillion in 2026, but on...
Key Takeaways: Brazil’s pork exports have more than doubled since 2019 as competitive feed costs, ASF-free status, and expanding global demand have strengthened the country’s position in international markets. Brazil’s abundant domestic production of corn and soybeans provide...
