Markets

Grain storage silos, Nigeria © GettyImages/Michael Tobi

IFC to support animal feed development in Nigeria

By Jane Byrne

The International Finance Corporation (IFC), part of the World Bank Group, is teaming up with the Nigerian subsidiary of Israeli feed maker, Bar Magen LTD, to increase production of livestock feed and the development of feed storage facilities in the...

Photo Credit: GettyImages/Andrii Yalanskyi

Sovecon raises forecast for Russian wheat harvest

By Jane Byrne

Russian consultancy, Sovecon, has further raised its forecast for Russia’s wheat harvest, now at 94.7Mt, up from a previous 90.9Mt estimate, due to what it says are record yields and rain improving the outlook for spring wheat.

© GettyImages/Media Trading Ltd

Ukraine: Grain and oilseed exports grew in June

By Jane Byrne

Ukraine exported 2.17 million tons of grains, legumes, oilseeds, and by-products in June, which is 470,000 tons or 25% more than in the previous month, according to the latest data from Ukraine’s ministry of agriculture.