The Zimbabwean government forecasts staple maize production will drop 72% in the 2023/24 season, worsening the country’s food situation due to an El Nino induced drought. The forecast is according to the Government’s Second Round of Crops, Livestock and Fisheries Assessment report released on May, 8. The report estimates maize production at 634,699 tonnes for […]
Kenya has announced plans to export its maize to Zambia as the drought-stricken country grapples with maize shortage. Speaking during the Africa Fertiliser and Soil Health Summit held in Nairobi, President William Ruto revealed the move to export maize to Zambia was triggered following a bumper harvest by Kenyan farmers. President Ruto explained that the […]
CRM Agri has reported the wheat futures extended gains, after the USDA, in its first global grain supply and demand estimates for 2024/25, forecasted that wheat inventories would shrink to a nine-year low. The decline in stocks was led by major exporters, whose supply levels are particularly important in setting world prices. Chicago wheat futures […]