Commodity & Trade Updates
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Philippines wheat imports set to rise 16.5% in MY 2025/26 on feed, food demand
total wheat imports are forecast to rise to 7.4 million metric tons (MMT) in MY 2025/26, up from 6.35 MMT in the previous marketing year.
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ADMARC maize pricing triggers boycott in Monkey Bay as public anger mounts
The Monkey Bay incident has reignited debate around Finance Minister Joseph Mwanamvekha’s recent projection that maize prices could fall to below K20,000 per 50kg bag (US$ 12) by August this year.
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Kenya warns of rice supply shock ahead of court ruling on duty-free imports
Between January and June, the country will require approximately 750,000 MT of rice, yet projected domestic production for the same period stands at 110,000MT.
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Morocco completes U.S. wheat imports, emerging as key African buyer in MY2025
The shipments position the kingdom as the third-largest African customer to have fully received all contracted U.S. wheat volumes.
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LT Foods announces new rice facility in India
The plant will focus on processing popular South Indian rice varieties such as Sona Masoori and Kolam, with commercial production expected to begin in February 2026.