South Africa stands to gain from the extension of the Black Sea grain deal

South Africa stands to gain from the extension of the Black Sea grain deal

Since the deal started, Ukraine has exported about 25-million tonnes of grains and vegetable oils. Global food prices have also moderated considerably over that period, partly for this reason. In February the Food and Agriculture Organisation (FAO) global food price index was at 130 points, down 8% from July, when the initial deal was reached.

Embrace GMOs

Embrace GMOs

Some African countries arguably closely followed the EU’s approach to GMO crop regulations by prohibiting their imports and cultivation. With this new development in the EU and China, it is plausible that some African countries might consider evaluating their current restrictions.

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