Commodity & Trade Updates
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US extends AGOA to end-2026, easing short-term trade risks for African exporters
The extension takes retroactive effect from September 30, 2025, preventing any lapse in duty-free access for eligible sub-Saharan African countries.
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Black Sea wheat prices hit three-month high as weather, logistics tighten supply
Despite the recent three-month rally, Black Sea wheat prices have fluctuated around US$6/mt since September, under pressure from currency volatility.
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Ukrainian corn prices reach five-month high on strong Turkish demand, port constraints
Despite solid domestic corn production in Turkey this season, low opening stocks and expanding poultry output have increased import requirements.
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US, India trade pact signals new opening for agricultural exports
The pact between the two countries would cut US tariffs on Indian goods from 50% to 18%, and that part of the deal requires India to halt Russian oil purchases.
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Malawi’s private grain traders defy export ban amid low local maize prices
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.