USA: USGC says new U.S.-Mexico-Canada agreement preserves market access
DATE 8Oct 2018

The U.S. Grain Counil (USGC) said the new United States-Mexico-Canada Agreement (USMCA) outlines terms of trade between the U.S. grains industry and its two largest customers that would preserve duty-free access to those markets and offer improvements to the procedures necessary for the free flow of trade. USGC said the agreement kept what they described… Read More »

India: India needs urgent support for sugar mills to develop ethanol
DATE 8Oct 2018

With global sugar prices falling, speculators are forecasting a further drop to 8 cents a pound (about 0.45 kg) in 2018-19. They blame India for shipping an additional 6 million metric tons (MT) of sugar globally. However, India’s domestic sugar millers will continue to struggle for profits as the expected increase in export will not… Read More »

USA: Sugar Giant Alvean Loses More Traders After COO Departure
DATE 8Oct 2018

Alvean, the world’s top sugar-trading company, is losing more people after the exit of the chief operating officer last month. Options trader Sophie Maze, hired in Geneva at the end of last year, and five other employees left, Alvean said Friday in a statement responding to Bloomberg questions. Maze, formerly with BP Plc, was hired… Read More »

Kenya: KRA goes after these 15 billionaires over tax evasion
DATE 8Oct 2018

Kenya Revenue Authority has intensified its drive against tax evasion by going for those in power. The authority has faced a lasting shortfall in collections and are under pressure from the government to pay its rising debts to external creditors, major projects and other obligations such as salaries.

India: Ethanol plant to come up at Bargarh
DATE 8Oct 2018

The foundation stone for the second generation (2G) Ethanol Bio-Refinery of Bharat Petroleum Corporation Limited will be laid in Odisha’s Bargarh district on October 10. Governor Prof Ganeshi Lal and Union Petroleum Minister Dharmendra Pradhan will lay the foundation stone marking the commencement of construction work for the ethanol plant at Baulsingha village under Bhatli… Read More »