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

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| Agriculture: Crops & Grains

Ukraine's GMO law takes effect: permanent ban on GM corn, five-year ban for rapeseed and sugar beet

Law No. 3339-IX entered into force in Ukraine on September 16, 2026, introducing an indefinite ban on growing GM corn varieties and a ban on GM rapeseed and sugar beet until September 16, 2031. Soybeans face no direct prohibition but require state registration, and no GM soybean varieties are currently registered in the country.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

German brewers face deeper sales slump as Oktoberfest masks weak demand

German beer sales fell 6% in 2025, while alcoholic beer volumes declined another 2.2% in the first half of 2026. Oktoberfest remains a powerful showcase for Munich’s six authorized breweries, but discounting, higher costs and a possible sugar tax are increasing pressure on producers.

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

China’s tighter import standards push Vietnam’s produce sector to overhaul supply chains

China, which generates 65–70% of Vietnam’s fruit and vegetable export revenue, is imposing stricter requirements on quarantine, chemical residues, traceability and environmental practices. Vietnamese suppliers face pressure to digitize growing-area records, expand processing and improve cold-chain logistics.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Senegal seeks Indonesian support to rebuild domestic palm oil production

Senegal is pursuing Indonesian backing to revive its oil palm sector and reduce reliance on imported palm oil, Agence Ecofin reported. The country ranks among West Africa's largest palm oil importers alongside Nigeria, Togo and Burkina Faso. Indonesia, the world's leading producer, controls the full chain from planting material to refining.

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Kevin O'Sullivan
Lead Electronics & Technology Analyst
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| Machinery & Automotive

South Korea’s 8% tariff on Chinese EVs draws scrutiny as imports gain market share

South Korea’s auto industry is seeking a production tax credit as Chinese-made electric vehicles rapidly expand their domestic market share. The country applies an 8% tariff to Chinese passenger cars, compared with China’s 15% levy on South Korean vehicles and substantially higher barriers in the US and EU.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Food & Beverages

Croatia Received 54 Tonnes of Brazilian Poultry Before EU Import Ban Took Effect

Croatia's State Inspectorate says two consignments of Brazilian poultry meat, 27,000 kg each, entered the country in February and March 2026, months before the EU closed its market to Brazilian animal-origin products on 3 September. A further consignment was refused entry in April after Salmonella Minnesota was detected. The ban under Regulation (EU) 2026/1189 applies only to future shipments.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

High prices cut South Korean meat spending as imported pork sales rise 44.3%

South Korean households reduced meat spending last year despite a rise in overall real expenditure, with the steepest decline among households earning no more than 1 million won a month. Imported pork sales volume rose 44.3% in the first half of this year as consumers became more price-sensitive.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Ultrajaya acquires FrieslandCampina’s century-old Indonesian dairy business

Ultrajaya is acquiring FrieslandCampina’s century-old Indonesian operation, bringing together two rivals in the country’s branded dairy market. IDNFinancials reports that the transaction is expected to support Ultrajaya’s business growth over the coming years, although financial terms were not disclosed in the supplied material.

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David Okafor
Food & Beverage Analyst
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| Metals & Mining

Russia sets alloy-steel scrap export quotas through 2027

Russia has capped exports of alloy-steel waste and scrap outside the Eurasian Economic Union at 7,000 tonnes for the remainder of 2026 and 20,000 tonnes for 2027. The measure is intended to increase collection and secure strategic raw material for domestic mills.

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Thomas Reid
Senior Metals & Mining Analyst
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