- Ukraine is to ban wheat exports from mid-November due to rising commodity prices. The country is the first leading producer to restrict its exports following the summer drought. Read more...
- The UK wheat crop has fallen 13 percent to 13.3m tonnes, according to DEFRA. The forecast, the lowest since 1988, puts the UK a net importer of wheat for the year. Read more...
- Specialty chemical manufacturer, Evonik Industries, plans to expand its biotechnology interests with a €350 million investment in its Biolys® business. An amino acid used in animal feeds, Biolys® is a source of L-lysine produced via fermentation. Investments include construction of new L-lysine plants in Brazil and Russia capable of producing nearly 200,000 metric tons each year as well as a recently finished production expansion to 280,000 metric tons per year at its Blair site in North America. Read more...
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| English: Wheat (Triticum aestivum) near Auvers-sur-Oise, France, June 2007 (Photo credit: Wikipedia) |
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