Nigeria Saves $5m Daily From Ban On Rice, Wheat Imports

The Minister of Agriculture, Chief Audu Ogbe yesterday in Kano said the policy on the ban of importation of rice and wheat has enabled the country to save $5 million daily. Chief Ogbe, who spoke in Garun Baba village in Kano during this year’s wheat farm harvest ceremony, said the importation of rice, wheat and … Read more

Chicago Agricultural Commodities Close Lower On Stronger U.S. Dollar

The most active corn contract for December delivery fell 3 cents, or 0.88 percent, to 3.3725 dollars per bushel. December wheat delivery dropped 9 cents, or 2.23 percent, to 3.94 dollars per bushel. January soybeans fell 1.75 cents, or 0.18 percent, to 9.8425 dollars per bushel. Wheat prices fell to a two-month low, dropping below … Read more