South Africa’s corn exports on rise
A positive outlook for South Africa’s 2025-26 corn crop following the previous season’s strong harvest is leading to oversupply in the domestic market, with exports anticipated to increase amid lacklustre growth in domestic demand, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. Favorable La Niña weather conditions...
Viterra drops plans to acquire Cargill sites in South Australia
Viterra no longer plans to acquire the South Australian GrainFlow handling and storage sites and mobile ship loader from Cargill, and the companies have withdrawn their application from the Australian Competition and Consumer Commission. Viterra and Cargill initially announced the acquisition in September. The five Cargill GrainFlow sites that were part of the transaction are...