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| Agriculture: Crops & Grains

Indian Edible Oil Industry Warns New Delhi of Global Market Volatility

The Solvent Extractors' Association of India told senior government officials in New Delhi that the global edible oil market could become considerably more volatile in the period ahead. No price forecast, volume projection or duty request was attached to the warning. As the world's largest importer of vegetable oils, India is exposed to palm, soybean and sunflower oil supply from four separate origins at once.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Russia suspends grain export duties through December 2026

Russia has set export duties on wheat, meslin, barley and corn at zero through 31 December 2026 for shipments outside the Eurasian Economic Union. Duties remain on sunflower oil and meal, but their maximum rates have been capped at August levels.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Agriculture: Crops & Grains

Argentina projected to overtake Brazil as world’s second-largest corn exporter

USDA projections put Argentina’s corn exports at 45 million tonnes in the current campaign, ahead of Brazil’s estimated 42 million tonnes. Expanding Brazilian demand from ethanol plants and animal protein production is reducing the country’s exportable surplus despite record harvests.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Textiles & Consumer Goods

India Sets Target of 60,000 Tonnes of Silk Output by 2030-31, Top Global Rank by 2028-29

India's central government has set a target of raising national silk production to 60,000 tonnes by 2030-31. It has also fixed 2028-29 as the year by which India should rank first in the world in silk output, a position long held by China. The announcement does not specify budgets, participating states or the split between mulberry and non-mulberry silk.

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Arjun Mehta
Consumer Goods Analyst
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| Trade Policy & Macro

Indonesia Opens Soybean Imports to Interested State-Owned Companies

Indonesia is considering allowing interested state-owned enterprises to import soybeans and help establish national reserves. The proposal is intended to stabilize domestic supply and prices, although no import volume, timetable or participating company has been specified.

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Yusuf Demir
Senior Trade Policy Analyst
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