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

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| Food & Beverages

Nestlé escalates Thai Nescafé dispute after Mahagitsiri partnership ends

Nestlé is continuing its legal fight with the Mahagitsiri family over the former Nescafé manufacturing venture in Thailand. International arbitration and Singapore court proceedings have supported Nestlé’s termination of the agreement, while related litigation remains active in Thailand.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Greek cotton crop shows encouraging 2026 volume and quality prospects

Early indications point to a stronger Greek cotton crop in 2026 in both volume and quality, according to comments reported by the Athens-Macedonian News Agency. Weak prices remain the main concern for producers and could shape planting, selling and storage decisions.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Zimbabwe clears Mega Market's 100% takeover of bakery group Lobels with two-year conditions

Zimbabwe's Competition and Tariff Commission has approved Mega Market's acquisition of a 100% shareholding in Lobels Holdings, a vertical merger between a flour miller and one of the country's largest bakery groups. The clearance carries conditions valid for an initial two years, including a requirement that Lobels buy at least 50% of its bread flour from other local millers. Mega Market is simultaneously expanding milling capacity, with a 300-tonne-per-day wheat mill in Mutare and a 450-tonne-per-day line planned.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Chinese state groups commit $350 million to 130,000 hectares of Angolan farmland

SinoHydro Group and CITIC Group have signed agreements worth a combined $350 million to develop 130,000 hectares of maize, soybean and grain land in Angola. SinoHydro receives 25 years of tax-free land use for a 30,000-hectare grain zone, with about 60% of output earmarked for direct export to China. CITIC will spend $250 million over five years on 100,000 hectares, targeting 8 tonnes of maize and 5 tonnes of soybeans per hectare.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Tajikistan reports 85 billion somoni in agricultural output for 2025

Tajikistan’s agricultural output reached 85 billion somoni in 2025, Interfax reported, citing the national statistics agency. Domestic production now covers more than 85% of demand for staple foods, although egg supply remains below the stated consumption benchmark.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Nigeria’s food crisis deepens as northern harvest prospects weaken

Nigeria faces another food-supply squeeze as insecurity, high input costs and adverse weather reduce cultivation in the north. USDA-FAS forecasts lower rice and maize production in 2026/27, while AGRA says 36.3 million Nigerians faced crisis-level food insecurity in August.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Chemicals & Fertilizers

Lukashenko Says All Belarusian Potash Volumes Are Contracted, Leaving Nothing for Western Markets

President Alexander Lukashenko said every available volume of Belarusian potash fertiliser is already contracted for export, ruling out supplies to Western markets this year. Customs chief Vladimir Orlovsky reported that the eastern direction now accounts for 85% of Belarusian exports and imports. The statement follows the lifting of US sanctions on the Belarusian potash producer and one small shipment to the United States.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Energy & Fuels

Indonesia’s B50 biodiesel policy expands domestic market for palm oil

Indonesia’s B50 biodiesel policy creates a large domestic outlet for crude palm oil and reduces reliance on imported fossil diesel. Lawmaker Bambang Patijaya said the program could replace about 18 million kilolitres of diesel within annual national demand of 38–48 million kilolitres.

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Priya Raghavan
Energy Markets Analyst
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