Commodity & Trade Updates

The new agreement aims to cut imports by improving seed development, grain quality and support for farmers as demand from breweries continues to rise.

Lower global wheat prices, stronger local production and rising private sector imports are expected to reduce Egypt’s wheat purchases in the coming marketing year.

The company has begun collecting this year’s wheat crop from farmers across Oman as it continues a national programme that supports local grain production and food security.

While world rice production is expected to fall next season, Africa could record growth as governments support local production and farmers adopt improved seed varieties.

Weaker Turkish demand has pushed Ukrainian corn prices lower, while wheat traders focus on harvest progress, weather conditions, and freight costs.