Wheat
Ethiopia's birr has depreciated sharply against the US dollar, driving up fertilizer and fuel prices. This threatens gains from a targeted 7 million metric tons wheat harvest in the 2026/27 season. The currency weakened from 75 birr to 155 birr per dollar since July 2024, a 107 percent loss in value by February 2026.
Riportato dall'IA
Ethiopia's Agriculture Minister Adisu Arega stated that the agricultural sector is playing a key role in efforts to build a job-creating non-subsistence economy. He visited wheat production sites in Oromia region's East Shewa zone, Adaa woreda. The agricultural transformation is registering encouraging results.