Commodity & Trade Updates

With global production forecasts remaining strong across several key exporters, international wheat values have softened, creating favorable conditions for major buyers such as Saudi Arabia.

Senegal, which imports approximately 1.65 million mt of milled rice annually to cover about 70% of its domestic demand, paused imports to reduce local oversupply.

The investment will be implemented through the National Integrated Palm Oil Development Policy for 2026-2032.

Thai rice output in 2025-26 is projected at 20.48 million tonnes, only slightly below the previous year and still ranking as Thailand’s fourth-largest harvest on record.

Producers fear that a wave of duty-free imports could depress farmgate prices just as new-season barley and corn enter the domestic market.