Libya aims to raise oil production from about 1.5 million to two million barrels per day. Repeated field closures, illicit crude sales and attacks on energy infrastructure continue to undermine output reliability.
Grain markets traded mostly softer overnight as wheat and corn gave ground following a US-China summit that produced no additional detail on agricultural purchases, Grain Central reported in its Daily Market Wire of 25 September 2026. The move reflected the unwinding of a political premium rather than any change in physical supply. Attention now returns to harvest progress, competing origins and the weekly pace of export sales.
GAPKI told the OFI International 2026 forum in Amsterdam that the EU Deforestation Regulation has turned sustainability into a condition of market access for Indonesian palm oil. Independent smallholders are the most exposed group because certification, geospatial coordinates and labour records remain incomplete. GAPKI also projected a 4–5 million tonne production hit in 2027 from El Niño alongside a roughly 2 million tonne rise in domestic use under B50.
Persistent rain has delayed the start of the US soybean harvest, leaving western Midwest crush plants short of beans and pushing spot premiums as high as $1 a bushel over November futures, Reuters reported. Some Cargill plants stopped posting soymeal offers, and CBOT October soymeal futures hit a contract high and traded above December for the first time in more than two years. The USDA still forecasts a record 2.78 billion bushel crush this marketing year.
Picking has begun ahead of schedule in Val di Cornia, with growers reporting healthy olives, very little olive fly damage and a larger crop than 2025. Producers still expect higher extra virgin prices because agricultural diesel, labour and electricity costs have risen along the chain. Ismea quoted Tuscan oil at 12 euros per kilogram ex-farm in Siena in mid-September, before the new campaign.
Buletin TV3 reports that 97.17 per cent of the oil palm area held by independent smallholders in Sabah has been certified under the Malaysian Sustainable Palm Oil standard. That leaves 2.83 per cent of smallholder area outside the scheme. The report does not disclose hectares, grower numbers or a timeline for the remainder.
Argentina's INTA and seed company Gensus have agreed with Spain's Guadalsem to evaluate 12 Argentine cotton varieties under Spanish growing conditions, with the best performers advancing toward registration and commercial sale in Europe. The three parties are targeting a non-GMO market of close to 800,000 hectares across Spain, Greece and Turkey. The deal also provides for two-way germplasm exchange.
Thailand's Department of Internal Trade is preparing a proposal to raise the strategic rice reserve by 30% and crude palm oil stocks by 20% as protection against El Nino-driven drought. The department says the country faces no shortage of either commodity, but flagged cassava and maize as vulnerable because domestic output does not cover consumption.
Indonesia's agriculture minister and National Food Agency head Andi Amran Sulaiman says 102 people have been named as suspects in rice-related cases, with about 25 companies referred for action over fortified rice sold at Rp57,000 per kilogram against a reference price of Rp13,000. Enforcement is running alongside market operations, food aid to 33.24 million people and an extra 1 million tonnes of stabilisation rice.
The international sugar market is moving into a new cycle defined by reduced supply. Mexico is raising output and has secured a minimum of 712,000 tonnes of access to the United States market, setting a floor under its export volumes regardless of world prices.
Global shipments of AI smart glasses rose 263% year on year in the first half of 2026, according to Counterpoint Research. Devices without a display made up 96% of units, and Meta accounted for roughly 94% of global shipments. AR glasses with AI features grew 449% from a much smaller base, led by Chinese suppliers.
Agriculture Minister Andi Amran Sulaiman has warned that soybean importers found raising prices arbitrarily could lose their import licences, liputan6.com reported. Soybeans are the raw material for tempeh and tofu, staples produced largely by small workshops. The report identifies no companies and sets out no criteria for what counts as an arbitrary increase.
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