Commodity & Trade Updates

The new tender comes after the country made no purchase in its last wheat buying round and continues efforts to secure grain supplies.

Lower oilseed production and rising import reliance are raising fresh concerns about India’s food supply and prices.

New wheat varieties could help Zimbabwe supply both the quantity and quality needed by the country’s baking industry while cutting import costs.

Better harvests across the region could reduce import demand, although North Africa will still rely on overseas supplies to meet consumption.

The latest move builds on earlier efforts to reduce rising rice stocks and increase sales of locally produced rice.