In a statement Chris Venter, CEO of AFGRI, said the goal of the partnership is to extend the company’s footprint in Asia and enable grain exports and imports between both continents.
Both companies will benefit from value-added processing activities, such as milling and crushing of grains and seeds, as well as access to products such as weather-based crop insurance.
The partnership will include services such as inspection, testing, certification, grain management, marketing as well as trade finance. The companies will also exchange knowledge on precision farming which includes geo mapping, crop estimation and weather intelligence.
Both companies have experience in working with small scale farming operations as well as large commercial businesses and this expertise will benefit the collaboration.