Commodity & Trade Updates

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.

The proposed 10% hike would apply across refined and crude edible oil categories, potentially narrowing the price gap between imported and domestically produced oils.