BLOG

Viterra Limited (Viterra) announced that it, through a wholly-owned subsidiary, has entered into a stock purchase agreement with Marubeni America Corporation, a wholly-owned subsidiary of Marubeni Corporation, to acquire the grain and ingredients business of Gavilon Agriculture Investment, Inc. (Gavilon).

The Crespel & Deiters Group, a leading producer of wheat-based solutions, has completed the integration of Extruded Cereal Products B.V. into its portfolio as of 1 January 2022. ECP, with a production site in Helmond/Netherlands, is an international pioneer in the extrusion of cereal and protein products for breakfast cereals, sports nutrition, bakery and convenience products. With this acquisition, the Crespel & Deiters Group is expanding its technological know-how, securing the supply of in-demand ingredients and adding a further processing step to its comprehensive wheat refinement options.

John Tuttle has been promoted to Vice President of Sales and Marketing for Brock Grain Systems, a global provider of grain storage, handling, conditioning and structural systems.

ADM was named Top Employer Europe 2022 by the Top Employer Institute, recognizing the company's HR policies and practices, and efforts to engage its employees in diversity, equity & inclusion discussions and its commitment to sustainable practices.

The Grain Elevator and Processing Society (GEAPS) announced the full educational schedule for GEAPS Exchange March 26-29 in Kansas City, MO. The full schedule, which features more than 45 hours of great educational content is available online.

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, Bühler and eProd Solutions Limited launch virtual training program in Sub-Sahara Africa.

Mühlenchemie’s Smart MC Connect Glasses enable lab support in real time. Joint digital trials and flour analyses accelerate decision-making, regardless of the participants’ locations.

USDA estimates Australia’s 2021/22 wheat production at a record 34.0 million tons (mt), up 0.7 mt from last year. A second consecutive record wheat crop, strong global demand, and reduced competition are set to propel Australia’s wheat exports to record volumes. It is set to be the third-largest exporter, eclipsing the United States and Canada, which both have smaller crops, tighter stocks, and high prices.

The UN’s benchmark food and commodity prices index rose sharply on average through 2021, FAO reported on Thursday. The FAO Cereal Price Index reached its highest annual level since 2012. “The high cost of inputs, ongoing global pandemic and ever more uncertain climatic conditions leave little room for optimism about a return to more stable market conditions even in 2022, ” said FAO Senior Economist Abdolreza Abbassian.

The total EU cereal area is projected to decrease to 51.2 million hectares (ha) between 2021 and 2031, driven by a decrease in the main cereals areas. This will translate to cereal production of 276 million tonnes in 2031 (-2.5% compared to 2021). These are just a few of the projections from the European Union agricultural outlook for 2021-31 report published on 9 December 2021 by the European Commission.