Agriculture & Food Security
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Egypt to produce 12M tonnes of wheat in 2023, targets meeting 70% of local demand by 2030
EGYPT – Egypt targets to produce 12 million tons of wheat this year from about 4 million feddans (about 1.68 million hectares), Reda Mohamed, the…
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Tunisia to raise rapeseed hectarage to 140,000 by 2030 in push to diversify edible oil sources
TUNISIA – Tunisia is planning to increase the cultivated area of rapeseed to 140,000 hectares from the current 15,000 hectares over the next 7 years…
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US agricultural exports projections down $5.5 billion from November forecast
USA- The USDA notes that U.S. agricultural exports in fiscal year (FY) 2023 are projected at US$184.5 billion, down US$5.5 billion from the November forecast. …
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Consumers could feel the wheat price spike impact sooner as millers hold less supply
GLOBAL- Wheat buyers globally are reducing their purchase of future supplies which means that consumers could feel price spike impacts sooner than they did in…
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CFI Holdings forecasts higher performance in 2023 owing to rising fortunes in Zimbabwe’s agricultural season
ZIMBABWE – CFI Holdings, a leading agricultural-based company in Zimbabwe, foresees higher performance growth this year following the country’s positive agriculture season after a depressed…