Commodity & Trade Updates

The figure surpassed the previous monthly record of 5.08 million tonnes registered in April and highlights the country’s growing importance in global corn markets amid a historically strong 2025/26 crop.

The sharp decline comes at the peak of Ukraine’s harvest season and has renewed concerns over global food security, particularly for grain-importing countries in Africa and the Middle East.

The government has renewed its focus on Ghana’s oil palm industry, with the planned expansion forming part of efforts to increase farm output and strengthen local processing.

Egypt’s domestic wheat procurement rose nearly 20% from last year, but the government said it surpassed its target after adding durum wheat and seed stocks.

The new greenhouse is expected to strengthen RiceTec’s capacity to conduct breeding and research activities under controlled conditions, allowing scientists to accelerate the development and evaluation of rice technologies.