Commodity & Trade Updates
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USDA report triggers corn and soybean price drop, wheat remains resilient
USA- Corn and soybean prices experienced a significant dip following the release of the latest World Agricultural Supply and Demand Estimates (WASDE) report by the…
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EU countries oppose Poland’s decision to extend ban on Ukrainian grain
POLAND- Several EU countries are against extending an import ban on Ukrainian grain beyond mid-September as initially planned, according to a report by POLITICO. Ukrainian…
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Nigeria, Ireland partner to foster food production
NIGERIA– Dr Ernest Umakhihe, the Permanent Secretary of the Federal Ministry of Agriculture and Food Security (FMAFS), has called for a more robust partnership with…
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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…