Pepsico wins bid for Brazilian biscuit firm

Pepsico has won the bidding for Brazilian biscuit manufacturer Mabel with an offer of between 800 million Brazilian reais ($460 million) and BRL900 million, the O Estado de S. Paulo newspaper reported yesterday.

Ukranian wheat cheaper than Russian

Ukraine should be able to offer a better price for milling wheat than Russia in North African and Middle Eastern markets after it won a tender in Egypt on Saturday according to UkrAgroConsult.