Commodities update

Cocoa posts higher future prices, rising 5.5% above trading speculations

Cocoa futures were higher on Wednesday, boosted by a stronger-than-expected first quarter grind in Europe. Europe's first-quarter cocoa grind rose…

Nigeria’s wheat import could be down 60% by 2050 on availability of seedlings

Nigeria could achieve about 60 percent reduction in wheat importation by 2050 if it takes seriously the availability of seedlings…

Nigeria’s 2m tonnes cashew nuts potential still hampered by funding, infrastructure challenges

Nigeria is still being held back from reaching a potential two million tonnes in cashew nuts production by financial hurdles,…

Soft commodities slide further as tariff threats heat up

Donald Trump’s plan to impose an additional $100bn in tariffs on imports from China is weighing on soft commodities and…

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