Grains Commodity and Trade Updates
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Sri Lanka’s maize policy stalls poultry sector, says Ceylon Grain Elevators
Maize accounts for a significant portion of poultry feed, yet Sri Lanka’s local cultivation fulfils less than 50% of national demand.
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Feed sector sees relief as global grain, oilseed prices slide
The falling prices are bringing welcome cost relief to feed manufacturers, but persistent volatility and trade tensions continue to cloud the outlook.
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Louis Dreyfus enhances grain logistics with high-capacity crane at Argentine port
The development allows for greater adaptability to market dynamics ensuring sustained crushing volumes even when local soybean supplies fluctuate.
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China halts U.S. corn, soybean purchases as trade tensions flare
The development comes amid a resurgence in trade tensions between the two largest economies, sparking fresh concerns among U.S. agricultural exporters.
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SALIC launches National Grain Supply Company to enhance Saudi food security
SABIL, the newly-formed company, will manage 14 silo branches across the kingdom, including four located in major ports.
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EU approves three GMO corn varieties for feed, food use
While the decision permits the import and processing of the GM corn for food and feed, it explicitly excludes their cultivation within the trading bloc.
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Kenya halves import duty on yellow maize to curb soaring flour, feed prices
Agriculture and Livestock Development CS Mutahi Kagwe said the waiver should reduce the stiff competition between food millers and animal feed manufacturers for the scarce white maize stock.
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Animal feed prices surge as maize shortage hits Kenya’s livestock sector
According to industry reports, a 90-kilogram bag of maize now costs KES 4,800 (US$42.72), with projections suggesting it could rise further to KES 5,500 (US$48.95) in April.
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