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Commodity & Trade Updates
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Brazil projects higher corn, wheat, and rice production in 2025/26
Total domestic corn consumption is forecast to rise to 89.5 million tonnes, reflecting stronger demand.
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Turkish durum wheat tenders stalled amid low price offers, strategic market protection
This move reflects TMO’s ongoing policy to protect Turkey’s grain markets from devaluation amid global fluctuations.
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Morocco maintains its rank as top EU wheat, barley importer in 2024/25
Even with the decrease, Morocco ranked second among all EU soft wheat importers, surpassed only by Nigeria (2,249,915 tonnes) and ahead of Algeria (1,346,451 tonnes).
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US soybean exports hit with 44% tariffs as trade war with China escalates
The new levies, set to take effect April 10, are part of China’s retaliatory measures following the White House’s sweeping April 2 announcement.
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Kenya waives 50% duty on yellow maize imports to curb rising flour, feed prices
Redirecting animal feed manufacturers to utilize yellow maize is expected to decrease the pressure on white maize supplies.