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Commodity and industrial market news — prices, production, trade and regulation — with expert analysis

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| Food & Beverages

Argentina’s pork output rises 12.4% as exports jump 74%

Argentina produced 592,046 tonnes of pork in January-August 2026, up 12.4% year on year, while exports increased 74% to 11,075 tonnes. Domestic consumption reached 20.36 kilograms per capita annually, but rising imports and cheaper Brazilian pork continue to pressure local competitiveness.

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Isabella Romano
Lead Food & Beverage Analyst
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| Chemicals & Fertilizers

Pharmaceutical ingredient certificate suspensions put Russian drugmakers under pressure

Certificates covering pharmaceutical ingredients supplied by companies in Mexico and China have been suspended, affecting substances used in diabetes, hormonal, surgical and hepatitis B medicines. Russian manufacturers using the affected inputs may need to prove the safety of existing batches or find alternative suppliers.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Food & Beverages

Prosecco sales rise 22.6% in French hospitality as Champagne declines

Prosecco purchases by French hospitality businesses increased 22.6% in 2025, while Champagne volumes fell 5.5%. A wholesale price of €5.30 per bottle is helping the Italian sparkling wine gain ground as restaurants and consumers focus more closely on cost.

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Isabella Romano
Lead Food & Beverage Analyst
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| Metals & Mining

Ukraine Plans 300,000-Tonne Salt Project at Odesa’s Kuialnyk Estuary

A proposed plant at the Kuialnyk Estuary could produce about 300,000 tonnes of salt annually and replace much of Ukraine’s current imports. The $30 million project still requires state approvals, an environmental impact assessment and a special water-use permit.

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Thomas Reid
Senior Metals & Mining Analyst
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| Food & Beverages

German dairy industry demands higher prices as raw milk hits five-year low

The Milchindustrie-Verband is calling for substantial price increases on drinking milk, yogurt and quark, with the first contract talks already under way. The association says the milk price is about a quarter below last year and at a five-year low, while demand at home and abroad remains strong. Drought in Europe and an expected El Niño effect are tightening supply for an industry that exports 49 percent of its output.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

Brazil's DDG output could top 15 million tonnes by 2030 as China and Chile open to the corn-ethanol coproduct

Brazil's production of dried distillers grains (DDG) may exceed 15 million tonnes by 2030, according to a projection by the União Nacional do Etanol de Milho (Unem). China began buying the corn-ethanol coproduct in February 2026 and imported 262,100 tonnes through June, becoming the leading destination, while Chile opened its market in the same year.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Uncapped raw-sugar import registration supports a stable Iran price outlook

Iran has opened raw-sugar import registration without a trader-history ceiling from 31 Shahrivar. The additional supply channel supports an outlook of stable or only moderately higher sugar prices from 4 to 10 Mehr, although the effect depends on import execution and refining availability.

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David Okafor
Food & Beverage Analyst
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| Metals & Mining

CIESA bids $1.4 billion for Mexico's Altos Hornos de México as the steelmaker goes to auction

CIESA has put forward a $1.4 billion offer for Altos Hornos de México (AHMSA), the integrated steel producer currently up for sale. The amount is the only financial term made public, with no disclosure on debt treatment, financing or a timetable for restarting the mills. A closed deal would return integrated flat steel capacity to a market that has been importing in its absence.

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Thomas Reid
Senior Metals & Mining Analyst
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| Agriculture: Crops & Grains

Lukashenko orders Belarus to expand potato area and find new markets for the crop

President Alexander Lukashenko instructed the Belarusian government to expand the area planted to potatoes and to secure additional sales markets over the winter, during a working trip to the Mogilev region. He pointed to the country's breeding base — about 180 registered varieties, a quarter of them local — while criticising state farms for growing far less potato than private holdings. The same visit brought sharp criticism of flax harvesting and crop husbandry in the region.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Japan Weighs Full Market Opening to US Fresh Potatoes Amid Tariff Pressure

Japan's government is examining whether to fully open its market to fresh US potatoes, currently allowed only for processing use since 2006. Washington has pushed for full access since 2020 and intensified the demand during 2025 tariff negotiations, while Japanese producers cite pest risks including two hard-to-detect nematode species.

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Yusuf Demir
Senior Trade Policy Analyst
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| Food & Beverages

Brussels unlocks green harvesting, crisis distillation and vine grubbing-up for EU wine markets

The European Commission has cleared EU member states to use three exceptional wine-market measures — green harvesting, crisis distillation and voluntary permanent grubbing-up of vineyards — financed from national funds. The rules are set out in Delegated Regulation 2026/2093, published in the EU Official Journal on 16 September 2026. Each country decides whether to act, subject to prior approval from the Commission.

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Isabella Romano
Lead Food & Beverage Analyst
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| Trade Policy & Macro

White House weighs limiting beef import relief ahead of US midterms

A group of White House officials is examining a retreat from already announced beef import measures ahead of the midterm elections, according to sbctv.gr. The signed proclamation covering 300,000 tonnes of lean beef entering without certain duties is expected to proceed, but a follow-up of comparable size is in doubt.

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Eleanor Hayes
Lead Trade Policy Analyst
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