Commodity & Trade Updates

Demand continues to outpace supply, pushing import costs higher and raising pressure on reforms.

Zimbabwe plans to exceed its wheat needs, but farmers say rising costs and payment delays could slow progress.

The country sets up 78 storage sites ahead of harvest collection while farmers raise concerns over quotas in the Kurdistan Region.

Africa produces nearly 3.9 million tons of breakfast cereals annually, yet structural gaps remain. While production nearly equals consumption in volume, a significant portion of high-value wheat-based and fortified products are still imported.

Beijing sets plan to lower soybean purchases by 26 percent as grain output rises and import reliance slows.