Commodity & Trade Updates

With needs reaching 2.2 million tonnes, imports mainly from Asia and particularly India, have made it possible to satisfy consumers’ appetite.

Osiriz highlights that import demand in Sub-Saharan Africa could grow by another 15% in 2025.

Producers who had invested heavily in pesticides, fertilizers, labour, and rented land said they expected better returns, only to be disappointed by low market prices.

Conab credited growth in cultivated area, up 1.9 million hectares to 81.7 million, and favorable weather.

Global wheat production is forecast at 804.9 million tonnes, slightly lower than July’s projection.