Commodity & Trade Updates

Total wheat consumption in 2025-26 is expected to reach 20.4 million tonnes, which would be up nearly 1.5% from 2024-25.

The wheat harvest for 2025-26 is anticipated to remain steady at 3 MMT, with barley production projected at 1.2 MMT.

Corn, the most important grain crop in South Africa, is projected to see a 2% increase in production, reaching 16 million metric tons.

Russia has long argued that restrictions on payments, logistics, and insurance have hindered its food and fertilizer exports.

Originally set to conclude on April 30, 2025, the program will now continue from May 1 through the end of the year.