Commodity & Trade Updates
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Mexican president commits to prioritizing domestic non-GM corn for tortillas
MEXICO- Mexico’s president, Andrés Manuel López Obrador, recently announced that he will sign an agreement this week with tortilla makers in the country to ensure…
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Bunge and Viterra finally merge in a US$18 billion deal
USA- Bunge Limited has finally entered into a definitive agreement with Viterra Limited in a stock and cash transaction, creating a merger that will create…
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Côte d’Ivoire plans to launch a pilot phase for the Agricultural Commodities Exchange to boost marketing of strategic agricultural products
CÔTE D’IVOIRE – Authorities in Côte d’Ivoire have given the go-ahead to create a pilot phase for an Agricultural Commodity Exchange (BMPA) to trade cashew…
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ZMX’s Warehouse Receipt System gets a nod on Liquid Asset Status
ZIMBABWE – The Zimbabwe Mercantile Exchange (ZMX), a commodity marketplace, has announced that its Warehouse Receipt System has been conferred with Liquid Asset Status by…
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BRICS foreign ministers call for full implementation of Black Sea Grain Initiative
SOUTH AFRICA- The BRICS (Brazil, Russia, India, China, and South Africa) foreign ministers concluded their meeting at Cape Town in South Africa, calling for full…