WORLD NEWS
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Fonterra reports 11% revenue growth in full year 2022, records highest payout to farmers
NEW ZEALAND – Multinational dairy cooperative Fonterra has reported an 11% growth in group revenue, to NZD23.4bn (US$13.53bn), for the 2022 financial year, and a…
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Kirin Holdings seeks to invest more in Indian craft beer maker Bira 91 amid shrinking sales in Japan
INDIA – Japanese beverage giant Kirin Holdings is finalizing talks to invest US$70 million in Indian craft beer maker Bira 91 (Bira), doubling down on…
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Louis Dreyfus net income mounts despite market difficulties
NETHERLANDS — The Louis Dreyfus Co. (LDC) said its segment operating results increased by 56% to US$1.375 billion for the six-month period ended June 30,…
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Global grain output projected to increase
UK — The International Grains Council raised its 2022-23 world total grains production estimate in its latest monthly Grain Market Report, with increases in global…
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Soybean farmers pledge US$900,000 to AGP terminal expansion project
USA — Soyabean producers in the USA have pledged US$900,000 to help offset some of the pre-engineering, design, and site development costs of AG Processing’s…