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Commodity & Trade Updates
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Ghana to import one million metric tons of rice amid rising domestic production
Ghana is importing rice despite milled rice production being forecasted to reach 900,000 metric tons this season.
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Syria to issue tender for 200,000T of wheat as drought deepens food crisis
The country grapples with its worst drought in 36 years, which has reduced wheat output by about 40 percent.
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Egypt raises local wheat procurement to 4 MMT in 2025 harvest drive
The government had aimed to procure between 4mln and 5mln tons of wheat from the local harvest, which it estimated at a total of around 10mln tons
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US urges China to purchase more American soybeans amid trade tensions
China, the world’s largest buyer of soybeans, typically sources the oilseed from both the U.S. and Brazil.
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Lead Food Capital eyes national expansion by acquiring DF Seeds
This marks Lead Food Capital’s first acquisition in the region, positioning it for further expansion in the specialty soybean and non-GMO seed markets.