Commodity & Trade Updates
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AFEX calls for streamlined trade during AGRF 2023, hints at Cote d’Ivoire expansion
NIGERIA- AFEX, Nigeria’s leading commodities player, recently spotlighted the need for streamlined trade, harmonized standards, and improved infrastructure in African agriculture to foster food security…
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Australia and New Zealand invite public opinion on GMO corn for food
AUSTRALIA/NEW ZEALAND– Food Standards Australia New Zealand (FSANZ) is inviting public commentary on an application that could see the introduction of genetically modified corn, line…
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China to import soybeans in unprecedented volume: USDA
CHINA- China is forecasted to import a record volume of soybeans in 2022-23, although an increase in domestic production could dampen totals in the 2023-24…
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Kenyan farmers call for government intervention in maize prices and storage
KENYA- Maize producers in the North Rift region of Kenya are urging the government to instruct the National Cereals and Produce Board (NCPB) to open…
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Rice and sugar prices defy August’s decline in food commodities: FAO
GLOBAL- In an unexpected turn of events, the prices of rice and sugar have bucked the trend of declining food commodity costs in August, driven…