Commodity & Trade Updates
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India seeks Russian wheat imports to calm prices
INDIA- Various credible and anonymous sources provide that India is in talks with Russia to import wheat at a discount as global prices surge, in…
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U.S. forms panel to resolve intense corn dispute with Mexico
USA- Trade Representative Katherine Tai announced on Thursday that the U.S. is establishing a dispute resolution panel under the United States-Canada-Mexico Agreement (USMCA) to challenge…
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Romania to double Ukrainian grain exports
ROMANIA- Following the collapse of the Black Sea grain initiative, Romania said it could double its monthly transit of Ukrainian grain to its Black Sea…
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Olam Group targets early 2024 for agricultural unit’s Singapore-Saudi dual IPO
SINGAPORE- Olam Group, one of the world’s biggest agricultural commodity traders, recently announced that it is targeting the Singapore-Saudi IPO of its agricultural unit by…
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Tanzanian imposed trade guidelines cause ripples, chops Kenya imports 30%
KENYA – Data collated by the Central Bank of Kenya (CBK) indicate that the value of Kenya’s goods imports from Tanzania plunged 31.12% year-on-year to KES…