ALL AGRI #Import

Global prices of pulses have plunged to record lows as major producers — Canada, Australia, Russia, and several African nations — compete aggressively for market share. A surge in production, improved harvests, and a race to secure international buyers have flooded the market with supply, driving prices down.

Wheat imports are estimated at 6.7 million tonnes for the 2025/26 marketing year, up from about 6.25 million tonnes the prior year. The temporary zero‑duty import policy introduced in 2024 is referenced as a key enabler of this jump, by making wheat cheaper and more accessible to millers.

AfDB approves €115.66 million for agricultural and cross‑border infrastructure The African Development Bank’s board approved a €115.66 million loan for the second phase of the Cross-border and Agricultural Areas Access Program in Côte d’Ivoire, which will support agricultural value chains and infrastructure in border regions.