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Commodity & Trade Updates
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US, Indonesia trade pact opens tariff-free channel for US grains
The deal reduces US tariffs on Indonesian goods to 19% from 32%.
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Global harvested crop area hits 23-year high as cereals, organic farming expand : FAO
FAO reported that cereals continued to dominate global cropping systems over the past two decades.
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Ethiopia approves commercial release of TELA GM maize
The government has authorized a 10-year permit for environmental release, starting with a trial batch of approximately 80 kilograms of seed from Bayer.
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Botselo Mills partners Shoprite to strengthen national maize supply in SA
The collaboration has enabled Botselo Mills to supply more than 120 tonnes of maize products.
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Türkiye targets 3 MT of wheat flour exports in 2026
Mesut Çakmak, Chairman of the Board of TUSAF, said exports fell 22.5% year-on-year to about 2.345 million tonnes, but the industry is aiming to recover.