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Commodity & Trade Updates
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Global wheat prices remain under pressure as strong supply weigh on markets
Markets eased up to the end of July, pressured by strong supply prospects, harvest progress, currency movements, and lacklustre export demand.
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Russia suspends grain export tariffs to boost trade with Türkiye
The move will temporarily eliminate duties of on wheat, corn, and barley.
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Qatar launches major barley tender to boost livestock sector
This initiative is set to provide vital support to Qatar’s livestock industry.
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Ugandan grain buyers warned against fueling market for substandard maize
Grain buyers have been urged to stop offering low prices for poor-quality maize.
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Kenyan lawmakers raise alarm over NCPB’s use of illegal 90 kg maize bags
NCPB uses 90kg bags for its strategic grain reserves and purchases, despite the crops (food crops) regulations 2019 capping the weight for packaging food crops at 50kgs.