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Commodity & Trade Updates
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China injects US$250M to grow soybean, corn in Angola as it cuts US import dependence
60% of production is expected to be exported to China, with the remaining portion earmarked for local consumption.
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Sub-Saharan Africa’s imports of Indian parboiled rice soar 50% in seven months: USDA
The region has already imported nearly 5 million tonnes of parboiled rice.
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Kenya sets new wheat prices, import quotas for 2025/26 to encourage local production
The prices and import quotas were agreed upon during the stakeholder workshop held from June 24–27, 2025
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Iraq concludes 2025 wheat marketing season with strategic reserve at 6.5 MT
Iraq’s strategic wheat reserve is enough to cover the country’s consumption needs for the next 16 months.
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Bangladesh to import 700,000 MT of U.S. wheat under new five-year MOU
The MOU allows the Government of Bangladesh to purchase 700,000 metric tons of U.S. wheat annually for the next five years