16
Dec
The Ghana Commodity Exchange (GCX) has added rice contracts to the number of commodities traded on its electronic trading platform. This move brings to five, the number of commodities listed by the GCX. Already, maize, soya bean, sorghum and sesame contracts for trade are already making grounds on the trading floor. Rice has over the years become the most consumed food staple in Ghana after maize. The Ministry of Food and Agriculture (MOFA) identified rice as an important food crop that should be given special attention for food self-sufficiency in Ghana; however, the country currently imports about 50% of rice…