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Milling & Grains – COMMODITY & TRADE UPDATES
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Zimbabwe treasury stands by grain import levy as millers’ court challenge continues
Fresh Treasury correspondence shows Zimbabwe will maintain grain import levies despite an ongoing legal challenge from millers.
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ECOWAS seeks US$24B to drive West Africa’s rice self-sufficiency plan
Regional leaders and investors meet in Accra as ECOWAS pushes for funding to raise rice production and cut the region’s US$3.5 billion import bill.
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Tanzania targets 6 million hectares under improved seeds by 2030
The government plans to expand access to certified seeds, strengthen local production and increase agro-dealer outlets as it works to raise farm productivity and food security.
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Maize imports push down Kenyan grain prices as farmers face growing pressure
Large volumes of duty-free maize entering Kenya from regional markets have cut local grain prices, raising concerns about farmer incomes and future production.
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Iraq expects 5M ton wheat harvest as self-sufficiency holds
Good rainfall and higher water reserves have helped Iraq stay on track for a fourth straight year without wheat imports.