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| Agriculture: Crops & Grains

Paddy rice holds near R$ 90 a sack in Rio Grande do Sul as export demand competes with mills

Paddy rice prices in Rio Grande do Sul remain firm, with vessel-loading business closed in recent days close to R$ 90 per 50-kg sack at the Port of Rio Grande, according to Cepea data reported by Itatiaia. Producers near the terminal increased offers while part of the domestic milling industry stepped back, unable to match export values. Rice processing in the state advanced in August and consumer prices also rose.

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

Post-harvest gaps push Pakistani non-GMO maize to discounts of up to 15%

Pakistani non-GMO maize is being sold abroad at discounts of 10% to 15% because excessive moisture, impurities and inadequate storage undermine its marketability. LDC has opened a 40,000-tonne grain storage facility near Multan as an initial response to the post-harvest problem.

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

Institut Montaigne study: 600 French exporters to Algeria have gone bankrupt

A study by the French think-tank Institut Montaigne, cited by Algerian outlet Echorouk Online, says around 600 French companies exporting to Algeria went bankrupt as a result of the 2025 crisis in bilateral relations. At least 5,000 more French firms depend on Algerian sales, while French wheat exports to the country have fallen by close to 90%.

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Yusuf Demir
Senior Trade Policy Analyst
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| Trade Policy & Macro

Peru ratifies CEPA trade agreement with Indonesia, 56% of exports to go duty-free

Peru has ratified the Comprehensive Economic Partnership Agreement signed with Indonesia in August 2025 and is waiting for Jakarta to do the same before it enters into force. Once active, 56% of Peru's exportable supply will enter Indonesia duty-free, with a further 30% phased over 5, 7 and 10 years. Peru exported $117 million to Indonesia in 2025 and imported $523 million.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Energy & Fuels

Italy’s electricity premium over France, Spain and Germany exceeds €65 per MWh

Italy’s wholesale electricity premium over France, Spain and Germany exceeded €65 per MWh through September 2026, according to a Confcommercio-Cer analysis cited by Il Giornale. Heavy reliance on gas-fired generation and rising taxes and levies are exposing Italian companies to higher costs than their European competitors.

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Daniel Brooks
Lead Energy Markets Analyst
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| Agriculture: Crops & Grains

EU corn harvest forecast to fall 19% as regional supply tightens

The EU corn harvest is forecast at 46.2 million tonnes in 2026/27, down 19% from the previous season, according to Expana. Heat, drought and uneven rainfall have weakened prospects while Romania remains one of the region’s stronger sources of supply.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Imports supply almost all of Italy’s salmon as consumption rises

Almost all salmon sold in Italy is imported, with Norway holding an 88% market share in 2025. Italian consumption of Norwegian salmon rose from 84,000 tonnes in 2017 to 154,000 tonnes in 2025, increasing exposure to concentrated foreign supply and environmental constraints.

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

Kenya considers duty-free imports of 3 million tonnes of white maize

Kenya is considering a request from cereal millers to permit duty-free imports of 3 million tonnes of white maize as domestic stocks decline. The proposal is intended to prevent increases in the price of unga, the maize flour that is a staple food in the country.

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Yusuf Demir
Senior Trade Policy Analyst
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