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Commodity & Trade Updates
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Syria opens wheat procurement season as harvest outlook improves
The country has started buying wheat from farmers as officials expect a stronger harvest and continue efforts to build grain reserves.
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Tunisia’s olive oil export earnings rise as higher volumes offset lower prices
Strong export growth helped Tunisia lift olive oil earnings despite a drop in average prices during the first half of the 2025/2026 season.
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Oman grain hub and new shipping route could strengthen BRICS agricultural trade with Africa
New logistics links between Russia, Oman, and Africa could shorten delivery times and support grain trade across the continent, according to Russian economist Vitaly Melyantsev.
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West Africa must build a competitive rice value chain to cut import dependence, says World Bank
The World Bank says West Africa can achieve rice self-sufficiency, but only if countries strengthen the entire value chain and make local rice competitive with imports.
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Egypt wheat procurement reaches 4.3M tonnes as harvest nears target
Higher deliveries and expanded planting push Egypt closer to its goal of securing 5 million tonnes of local wheat this season.