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29
ENE
2016

The African Development Bank finances infrastructures in Senegal

According to a statement from the African Development Bank (AfDB), the Bank and Senegal have signed the lending of 120.8 million euros to invest in the rehabilitation of the national road RN2 in the north, a strategic axis for interconnection corridor between Dakar (Senegal) – B
28
ENE
2016

The USDA reported a down at 14% YoY of global rice stockpiles

According to USDA global rice stockpiles went from about 114.5 million tons in January 2015 to 98.9 million tons in this January. Rice prices did not get an immediate boost from this report. In fact, Rice’s March price was down 5 cents to close at $11.72 per hundredweight, or 10
27
ENE
2016

Brazil sets new record in its grain harvest

According to the Brazilian Government, Brazil harvested 209.5 million tons of grains last year, a 7.7 percent increase over the figure in 2014. Soy, rice and corn, in that order, were the major grain crops in Brazil, accounting for 93.1 percent of the harvest and 86.3 percent of land