Commodity & Trade Updates

Declining local maize prices have put traders and the Malawi Government on a collision course as the entrepreneurs have resorted to defying an export ban in search of better prices.

The country produces an estimated 300,000 tonnes of rice annually against a national demand of about one million tonnes

Tunisia’s awarded prices will likely serve as reference points for traders in the Mediterranean region through the first quarter of the year.

The achievement, excluding output from irrigated wheat schemes, reflects gains in productivity and expanded cultivation that are central to the country’s National Wheat Program.

The export performance reflects Russia’s continued role as a key supplier to price-sensitive importing regions.