Commodity & Trade Updates
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Cameroonian farmers protest cash crops export ban to Nigeria as illegal trade persists
CAMEROON- Farmers in Cameroon are protesting a recently-instituted ban on cash crops exports to Nigeria, announced by Cameroon’s trade minister Luc Magloire Mbarga Atangana, in…
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Mali sets to import 290,000 tonnes of broken rice from India
MALI- West African country Mali is seeking to import 290,000 tonnes of broken white rice from India through government-to-government channels following India’s lifting of the…
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Zimbabwe seeks to export surplus wheat to Mozambique after becoming self-sufficient
ZIMBABWE – Zimbabwe is considering exporting surplus wheat to neighboring Mozambique after an anticipated harvest of 420,000 tonnes this year, which is significantly above its…
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International Grains Council cuts world grain production forecast by 2MT for 2023-24 marketing year
ENGLAND- The International Grains Council (IGC) is projecting a 2 million tonnes decrease in its world grain production forecast for the 2023-24 marketing year to…
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European Investment Bank loan supports new Bulgarian grain terminal
BULGARIA- The European Investment Bank (EIB) has extended a €50 million (US$54.6 million) loan to Northern Bulgaria’s grain and bulk port operations to help finance…