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Commodity & Trade Updates
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South African maize harvest seen slightly lower in 2025/26 crop season
Even with a slightly smaller harvest, stocks and carry-over from the previous year position the country to supply both domestic grain demand and export markets.
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Saudi Arabia floats 655,000-ton wheat tender for May-July delivery
A total of 11 shipments are being sought, involving one vessel to Jazan port, three to Dammam, three to Yanbu and four to Jeddah.
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US, Indonesia trade pact opens tariff-free channel for US grains
The deal reduces US tariffs on Indonesian goods to 19% from 32%.
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Global harvested crop area hits 23-year high as cereals, organic farming expand : FAO
FAO reported that cereals continued to dominate global cropping systems over the past two decades.
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Ethiopia approves commercial release of TELA GM maize
The government has authorized a 10-year permit for environmental release, starting with a trial batch of approximately 80 kilograms of seed from Bayer.