Commodity & Trade Updates
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Cargill to halt Russian grain exports, teams up with Nestle on sustainable grazing
RUSSIA – Cargill will take a further step back in elevating Russian grain in the new export season starting in July. “As grain export-related challenges…
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Rice production in Italy lowers as drought prevails
ITALY- The largest producer of rice for the European Union (EU), Italy, could plant even less in 2023, as it potentially faces another year of…
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Tanzania anticipates higher corn, rice yields in 2023/24 as wheat production declines: USDA
TANZANIA – Foreign Agricultural Service of the US Department of Agriculture (USDA) forecasts better yields for Tanzania’s corn and rice underpinned by high international prices.…
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Mexico wheat and rice forecast lowered as uncertain government support delays planting
MEXICO- According to a report by the USDA, Mexican wheat and rice production forecast is slightly lower in marketing year (MY) 2023/24 due to uncertain…
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Maize prices in Kenya to trend high in MY2023/24 despite production rising to 3.2M tonnes: USDA
KENYA – Kenya’s wheat and corn production is expected to increase in 2023/24 market year as farmers respond to high crop prices by planting more,…