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04 November 2024 6 min reading

NEWS

Commodity prices to fall nearly 10% by 2026 as global oil and grain supplies rise

The World Bank's Commodity Markets Outlook projects a nearly 10% drop in global commodity prices by 2026, driven by a historic oil surplus and improving supply conditions.

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04 November 2024 4 min reading

NEWS

Ulusoy Un acquires Italian Pastificio for a bold entry into pasta sector

Turkey's largest flour producer and exporter, Ulusoy Un, has taken a significant step in its strategy to expand into high value-added sectors by purchasing 85% of the shares of Pastificio Mediterranea S.r.l., which has been producing high-quality Italian pasta for over 100 years in the Silvano d'Orba region of Italy, from the Spanish Cerealto group.

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31 October 2024 5 min reading

NEWS

Bühler’s Grain Innovation Center, a powerhouse for innovation, opens its doors

Swiss technology group Bühler today inaugurates its new Grain Innovation Center (GIC) in Uzwil, a trailblazing facility.

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31 October 2024 2 min reading

NEWS

SovEcon lowers 2024/25 Russian wheat export forecast amid rising export tax and regulatory changes

SovEcon, a leading Black Sea grain consultancy, has revised its 2024/25 Russian grain export forecasts, lowering its wheat export estimate to 45.9 million metric tons (MMT) from 47.6 MMT.

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24 October 2024 2 min reading

NEWS

Symaga expands its presence in brewing industry with new silos for AB InBev in Colombia

Symaga, a leading manufacturer of advanced storage solutions, has been chosen to supply silos for the barley storage facility at AB InBev's new brewery plant in Salamina, Colombia, in collaboration with Meura.

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24 October 2024 3 min reading

NEWS

Egypt to invest $153 million in Suez Canal grain storage and processing infrastructure

The Suez Canal Economic Zone (SCZone) and the Egyptian Holding Company for Silos and Storage (EHCSS) are embarking on the development of a comprehensive grain handling, processing, and storage facility, with an initial investment of $153 million, as reported by Al Mal News.

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22 October 2024 3 min reading

NEWS

Global grain production set for record, but tighter wheat and maize stocks loom

According to the International Grains Council’s (IGC) October Grain Market report, global grain production is expected to hit a record 2,315 million tons in the 2024/25 season.

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22 October 2024 2 min reading

NEWS

SovEcon predicts another poor wheat crop for Russia in 2025

SovEcon, a leading Black Sea grain consultancy, has released its first estimate for Russia's 2025 wheat crop, forecasting production at 80.1 million metric tons (MMT).

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21 October 2024 2 min reading

NEWS

Nibulon enhances elevator complexes for improved grain handling

Nibulon, a leading Ukrainian agribusiness company specializing in grain storage and transportation, is continuing its modernization efforts at the elevator complexes of AK Vradiivskyi Ltd.

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17 October 2024 2 min reading

NEWS

Global wheat and maize prices climb, while rice prices decline in september

According to the FAO’s latest Food Price Monitoring and Analysis (FPMA) Bulletin, September 2024 saw a rise in international wheat and maize prices, driven by unfavorable weather conditions affecting production in key export regions.

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15 October 2024 2 min reading

NEWS

Agro&Food Security Forum 2024: International forum unites leaders of the agrarian sector

The upcoming Agro&Food Security Forum 2024 is scheduled to take place on December 2-3 in Warsaw, Poland.

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15 October 2024 2 min reading

NEWS

Grain Craft acquires Central Milling, strengthening organic flour offerings

Grain Craft, the largest independent flour miller in the USA, announced they have closed on an acquisition partnership with Utah-based Central Milling, Inc. The agreement includes three flour mills located in Logan, Richmond, and Collinston, Utah along with the Central Milling corporate office, and associated trademarks.

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