Commodity & Trade Updates

With this forecast, shipments from France could fulfill approximately 64% of Morocco’s soft wheat requirements.

India’s aggressive export drive is likely to extend its grip on global rice trade, where it already accounts for around 40% of shipments

The all-wheat harvested area in 2025 was estimated at 37,241,000 acres, down 1,392,000 acres, or 3.6%, from 38,633,000 acres in 2024.

The fall was driven mainly by weakening international wheat and maize quotations.

Rice sourced from India and Thailand typically enters the region through Cotonou before being re-exported informally into Nigeria.