Commodity & Trade Updates

The government has renewed its focus on Ghana’s oil palm industry, with the planned expansion forming part of efforts to increase farm output and strengthen local processing.

Egypt’s domestic wheat procurement rose nearly 20% from last year, but the government said it surpassed its target after adding durum wheat and seed stocks.

The new greenhouse is expected to strengthen RiceTec’s capacity to conduct breeding and research activities under controlled conditions, allowing scientists to accelerate the development and evaluation of rice technologies.

The association has stressed that every additional day of delay adds expenses without benefiting farmers, millers or consumers.

The move comes as the conflict involving Iran, Israel and the United States has disrupted shipments through the Strait of Hormuz since late February, exposing vulnerabilities for India as the world’s most populous country, the second-largest fertilizer consumer, and a major agricultural producer.