Commodity & Trade Updates
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Argentina’s soybean outlook drops to 21.25MT as drought ravages the country: USDA
ARGENTINA- The soybean outlook in the world’s largest producer, Argentina, is estimated at 21.25 million tonnes for the marketing year 2022-23, a further downward revision…
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Zimbabwe considers exporting over 350,000 tonnes of maize to Rwanda and DRC
ZIMBABWE – Anxious Masuka, Minister of Agriculture, Fisheries, Water and Rural Development in Zimbabwe recently revealed that the executive has received import requests for a…
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DMCC inks MOU with CG Agrotech to advance agri commodities trade ties with South Asia
UAE- The Dubai Multi Commodities Centre (DMCC) has partnered with CG Agrotech, a leading agricultural commodities business in Nepal, to increase bilateral trade with South…
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Putin bullish about replacing Ukrainian grain shipments to Africa
RUSSIA- Following its withdrawal from the UN-brokered Black Sea grain initiative, Russia boasts of its ability to replace exports of Ukrainian grain to Africa, according…
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India’s rice export ban puts contracts worth US$1B in jeopardy
INDIA- Rice traders in India claim that the country’s decision to ban non-basmati white rice exports will force them to cancel rice export contracts of…