Commodity & Trade Updates

The sharp decline comes at the peak of Ukraine’s harvest season and has renewed concerns over global food security, particularly for grain-importing countries in Africa and the Middle East.

The government has renewed its focus on Ghana’s oil palm industry, with the planned expansion forming part of efforts to increase farm output and strengthen local processing.

Egypt’s domestic wheat procurement rose nearly 20% from last year, but the government said it surpassed its target after adding durum wheat and seed stocks.

The new greenhouse is expected to strengthen RiceTec’s capacity to conduct breeding and research activities under controlled conditions, allowing scientists to accelerate the development and evaluation of rice technologies.

The association has stressed that every additional day of delay adds expenses without benefiting farmers, millers or consumers.