GRAINS, COMMODITY & TRADE UPDATES

Japan’s rice sector has faced significant challenges since the 2024 shortage, exacerbated by historically low stocks and adverse weather.

Meanwhile, producers fear that a wave of duty-free imports could depress farmgate prices just as new-season barley and corn enter the domestic market. 

Logistical costs have surged dramatically, with traders reporting that transport costs have jumped by US$15–US$20, nearly doubling compared to earlier in the season.

The company provides grain storage solutions to a wide range of clients across the agricultural, industrial, and farm sectors in Europe, the Middle East, Africa, and Latin America.

Soybean meal is a key component in animal feed, making the deal a significant boost for the nation’s food security and livestock productivity.

According to the federation, market instability has already emerged following conflicting signals about potential European Union Deforestation Regulation (EUDR) postponements.

With its advanced high-frequency radar signal, RadarMax excels at penetrating dust and vapor, ensuring dependable and precise level measurement.

The new tool uses satellite data and artificial intelligence to create maps that predict contamination risk zones and has been trained on over a decade of maize samples.

EFSA’s panel of experts has examined the maize thoroughly and found no risks when used as intended in food and feed products.

Under the terms of the MoU, the organisations will focus on scaling programs for smallholder farmers in soy, wheat, maize, and rice value chains in Nigeria.