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Milling & Grains – COMMODITY & TRADE UPDATES
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Kenya introduces new high-yield rice varieties, receives US$270,793 equipment donation to boost production
The newly introduced Kalimara (CSR36) and Kalpaa (08FAN10) rice varieties are specifically developed to combat the challenges posed by climate change and soil salinity.
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Jordan issues tenders for 240,000 T of wheat and barley to strengthen food security
Despite fluctuations in specific import categories, Jordan’s total imports saw a modest increase in 2024.
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Philippines projects lower rice imports in 2025 on improved local production
The DA anticipates improved local production in 2025, supported by favorable climatic conditions and higher stock carryover.
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FSA, FSS confirm safety of Bayer’s GM soybean for feed and food
The application seeks approval for importing, processing, and using the GM soybean in food and feed, though it does not cover cultivation in the UK.
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Zimbabwe Mercantile Exchange to introduce futures trading, enhancing market stability
By implementing futures trading, ZMX seeks to offer both farmers and off-takers, such as millers, a tool for better financial planning and risk management.