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Commodity & Trade Updates
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Coconut oil becomes luxury commodity as global prices soar to record highs
Global coconut oil production has stagnated near 3 million tons annually over the past three decades, limiting supply growth amid rising demand.
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Kernel exports 5.4 million tonnes of grain amid challenging market conditions
The exported volume includes a mix of wheat, corn, and barley.
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Kenya’s seed sector makes strides in maize but legumes lag behind, report shows
The sector’s strength lies mainly in maize, which attracts more donor and private-sector funding compared to beans and cowpea.
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Burkina Faso targets 6,000T of wheat in 2025/2026 to boost food security
The announced stock represents more than double the 2,597-ton harvest achieved at the end of the previous season.
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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.