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Commodity & Trade Updates
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Uganda nears release of new aromatic rice varieties to reduce import dependence
The project seeks to meet surging demand for locally grown aromatic rice that can compete on quality, aroma and yield.
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USDA lifts 2025-26 global wheat stocks forecast as higher output offsets record demand
World wheat consumption in 2025-26 was forecast by the USDA at a record-high 823 million tonnes, up 4.1 million tonnes from November.
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US–Nigeria wheat trade to hit US$700M by 2025
Nigerian government officials have intensified negotiations with foreign partners to stabilise food imports and improve domestic production.
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Palmolein slump drags India’s vegetable oil imports down 28% in November
This decline was primarily driven by a sharp decrease in refined palmolein shipments.
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Liberia partners Vietnam’s Uniland to pilot rice farming as imports surge
This investment project, which mobilizes foreign capital, is also a boost for the implementation of the National Agricultural Sector Development Plan (NADP) adopted in 2024.