Commodity & Trade Updates
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Senegal’s wheat imports approach 1M tonnes as milling capacity grows
Rising wheat use, lower import prices and new milling capacity are driving Senegal’s growing dependence on imported wheat, while regional flour trade adds to demand.
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Eastern Cape launches grain programme as harvest shows mixed results across South Africa
An R80 million government programme aims to help emerging grain farmers grow their businesses as farmers in other parts of South Africa report mixed harvest results.
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South Africa eyes China as record soybean harvest lifts export outlook
Record soybean production and lower food inflation give South Africa fresh export opportunities as the country works to expand agricultural trade with China.
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Kazakhstan looks to Morocco to expand wheat exports across Africa
Kazakhstan plans to use Morocco as a trade and logistics hub to grow its wheat exports to North and West Africa.
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Rize raises US$31M in Series B funding to scale sustainable rice farming
The financing will support the company’s ambition to scale sustainable rice production while reducing greenhouse gas emissions from one of the world’s most important staple crops.