The MWM, launched in June to track the most competitive Black Sea export prices, has largely followed Russian 12.5% protein wheat levels.
According to the USDA, Brazil will remain the undisputed leader with approximately 40% of global supply.
Osiriz highlights that import demand in Sub-Saharan Africa could grow by another 15% in 2025.
Global wheat production is forecast at 804.9 million tonnes, slightly lower than July’s projection.
Global coconut oil production has stagnated near 3 million tons annually over the past three decades, limiting supply growth amid rising demand.