Commodity & Trade Updates

The agency is seeking ten consignments of hard wheat with a minimum protein content of 12.5%

The revised price is higher than what most farmers received during the last harvest.

The landmark deal positions Cobram Estate as the largest olive oil producer in the US, significantly expanding its footprint in California and strengthening its global market presence.

While the private sector will be responsible for the purchase, financing, storage, maintenance and supply of strategic wheat reserves, the government will retain a regulatory, oversight and strategic control role.

Exports rose to 21.55 million tonnes from 18.05 million in 2024, close to the 2022 record of 22.3 million tonnes.