The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.
The Government of Ghana (GOG) is pursuing the creation of a Grains Development Authority (GDA) to, among other objectives, further the development and regulation of the market for domestically produced grains and legumes.
On June 10, 2022, the Government of Kenya issued additional tariff exemptions for new feed ingredients to address rising feed costs. Duty exemptions were granted for genetically engineered Bt. cottonseed cake, distillers’ dried grains with solubles...
Forecasts of below average rainfall and extended dry spells in most parts of the country by the Ghana Meteorological Agency, looming shortage and soaring global prices of fertilizer, and a further cutback on fertilizer subsidy rate are set to erode the grain production gains of GOG’s Planting for Food and Jobs program.
Kenya MY2022/23 corn production is forecast at 3.2 million metric tons (MMT), largely unchanged from MY2021/22 due to high fertilizer prices and farmers switching to alternative crops such as sugarcane.