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Commodity & Trade Updates
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China eyes record corn harvest despite lowered forecast, slashes imports further
FAS now projects imports at 8 million tonnes, down 2 million tonnes from its previous estimate but still 1 million tonnes higher than the 2024-25 figure
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Turkey’s wheat, barley output to drop in 2025/26 as drought spurs surge in grain imports: USDA
The FAS report highlights that low rainfall, warmer-than-average winter temperatures, and an unseasonal spring frost have reduced yield potential
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Russia cuts wheat export duty to zero in major policy shift
This marks the first time the duty has been eliminated since it was introduced in 2021.
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Stakeholders unite to standardize fortified rice packaging, labelling standards in Nigeria
The workshop was convened by TechnoServe through its Millers for Nutrition initiative, in partnership with WFP, Partners in Food Solutions, and dsm-firmenich
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China opens market to Ethiopian soybean meal in strategic trade shift
By reducing its reliance on traditional suppliers such as Brazil, Argentina, Russia, and Uruguay, China aims to secure more stable and diverse feed protein sources