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Five Days at Anchor, 9% in a Week: Freight and FX Are Eating Africa's Agro Margins
Ocean rates jumped again in July - Drewry's index up 9% in a single week to $4,530/40ft - while Lagos and Mombasa vessels sat 4-5 days at anchor and roughly 42 African currencies kept skimming an estimated $5bn a year in convertibility costs off cross-border trade. The community voice this window was forwarders selling reliability over price, and Kenya's clearing agents putting logistics at the centre of the economy.
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Cocoa Spikes, Cashew Slips: Africa's Cash Crops Are Winning on Price and Losing on Value
Cocoa punched toward $6,300/MT while Ivory Coast's mid-crop farmgate was cut 57% and cashew farmgate slipped 6% - and the loudest African voices this month are not talking about price at all, they are talking about who owns the processing.
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West Africa's Grain Crisis Is Policy-Made: Ghana's Export Ban Meets a Price Crash
Ghana's export ban severed regional demand just as prices collapsed, Nigerian corn halved on a strong naira - and traders are doing price discovery on foot at Dawanau.
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The Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb Tomorrow
Market-by-market: India's rice glut, Thailand's export slide, China's ambiguous buying, South America's basis absorbing shocks, and a 60% urea spike loading next year's shortage.
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East Africa Heads Into Its Biggest Maize Surplus in a Decade
A 5.5M-tonne regional surplus is crashing Kenyan prices while export permits throttle cross-border flows - what traders are actually saying.
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Africa
- Five Days at Anchor, 9% in a Week: Freight and FX Are Eating Africa's Agro MarginsCocoa Spikes, Cashew Slips: Africa's Cash Crops Are Winning on Price and Losing on Value
West Africa
Global South
East Africa
Browse by crop
Cocoa
- Five Days at Anchor, 9% in a Week: Freight and FX Are Eating Africa's Agro MarginsCocoa Spikes, Cashew Slips: Africa's Cash Crops Are Winning on Price and Losing on ValueThe Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb Tomorrow
Coffee
- Five Days at Anchor, 9% in a Week: Freight and FX Are Eating Africa's Agro MarginsCocoa Spikes, Cashew Slips: Africa's Cash Crops Are Winning on Price and Losing on ValueThe Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb Tomorrow
Tea
- Five Days at Anchor, 9% in a Week: Freight and FX Are Eating Africa's Agro MarginsThe Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb Tomorrow
Horticulture
Citrus
Cashew
- Cocoa Spikes, Cashew Slips: Africa's Cash Crops Are Winning on Price and Losing on ValueThe Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb Tomorrow
Sesame
- Cocoa Spikes, Cashew Slips: Africa's Cash Crops Are Winning on Price and Losing on ValueThe Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb Tomorrow
Spices
Maize
- West Africa's Grain Crisis Is Policy-Made: Ghana's Export Ban Meets a Price CrashThe Global South Squeeze: Cheap Rice Today, a Fertilizer Bomb TomorrowEast Africa Heads Into Its Biggest Maize Surplus in a Decade