Commodity & Trade Updates

The MOU allows the Government of Bangladesh to purchase 700,000 metric tons of U.S. wheat annually for the next five years

The delivery points aim to alleviate farmers from the burden of long travel distances to central depots

Zambia confirmed that it has received inquiries from the DRC to export one million metric tonnes of maize, but no MOU has been signed.

The planned exports to the DRC aim to respond to rising demand from its northern neighbour, which continues to grapple with maize supply

The volume represents one of Algeria’s largest recent purchases and underscores the country’s growing demand for milling wheat