Commodity & Trade Updates
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USDA report triggers corn and soybean price drop, wheat remains resilient
USA- Corn and soybean prices experienced a significant dip following the release of the latest World Agricultural Supply and Demand Estimates (WASDE) report by the…
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AFEX calls for streamlined trade during AGRF 2023, hints at Cote d’Ivoire expansion
NIGERIA- AFEX, Nigeria’s leading commodities player, recently spotlighted the need for streamlined trade, harmonized standards, and improved infrastructure in African agriculture to foster food security…
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Kenyan farmers call for government intervention in maize prices and storage
KENYA- Maize producers in the North Rift region of Kenya are urging the government to instruct the National Cereals and Produce Board (NCPB) to open…
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Rice and sugar prices defy August’s decline in food commodities: FAO
GLOBAL- In an unexpected turn of events, the prices of rice and sugar have bucked the trend of declining food commodity costs in August, driven…
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Cargill’s deforestation concerns addressed as Sean Leighton assumes IFT presidency
USA- An activist group, Global Witness, recently released a report revealing that global commodity trading giant Cargill has been procuring soy from 50,000 acres of…