Commodity & Trade Updates

In East Africa, Mozambique is the second-largest producer and exporter of cashew nuts, following Tanzania. The country’s cashew industry is set to experience a significant increase in production for the 2025 season.

Landed costs consist of transportation (including truck, rail, barge, and ocean) and farm value.

In response to the anticipated decline, the Thai Rice Exporters Association and the Ministry of Commerce have set a lower export target of 7.5 million tonnes for 2025. This adjustment reflects the expected impact of India’s resumption of rice exports and a stronger Thai baht.

The Turkish Grain Board has noted that the 2025 wheat harvest began in localized regions in May, with approximately 2% of the harvest completed nationwide.

The 2024 ISO 500 report indicates that companies producing flour, pasta, biscuits, and starch are vital for meeting domestic demand for staple foods and supporting export activities.