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

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| Agriculture: Crops & Grains

Land Degradation Threatens 33% of India’s Farmland Base

Around 33% of India’s land has been degraded in some form, News18 reported. The deterioration threatens agricultural productivity, farm incomes and the country’s long-term food security.

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

Brazil expands corn ethanol capacity as Chinese grain demand weakens

Brazil is developing domestic outlets for corn as China increases production and reduces import demand. New ethanol plants in Mato Grosso are expanding processing capacity, although rising national fuel stocks mean producers must also secure new markets.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Russian alcohol sales fall 2% as beer declines and cider expands

Russian retail alcohol sales fell 2% year on year to 613.5 million decalitres in January–August 2026, according to Rosalkogoltabakkontrol data reported by Logistics.ru. Beer, beer-based drinks, still wine and cognac declined, while cider grew 25.1% and spirits rose 11%.

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Isabella Romano
Lead Food & Beverage Analyst
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| Chemicals & Fertilizers

Russian pharmaceutical exports to EU rise 66% in July

EU imports of Russian medicines reached €5.99 million in July, rising 66% from the previous month and 36% year on year. The monthly value was the highest since September 2025, while EU pharmaceutical exports to Russia remained far larger.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Energy & Fuels

Spain added 10.1 GW of solar capacity in 2025 as captured prices fell

Spain installed 10,105 MW of solar capacity in 2025, becoming the European Union’s second-largest photovoltaic market. Solar supplied nearly 23% of national electricity generation, but falling captured prices and more zero or negative-price hours increased pressure on project returns.

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

Brazil’s meat output to reach 34.26 million tonnes in 2027 as beef supply contracts

Conab expects Brazil’s combined beef, pork and poultry production to increase to 34.08 million tonnes in 2026 and 34.26 million tonnes in 2027. Growth in pork and chicken will offset a 3.6% decline in beef output next year, while exports of all three proteins are forecast to rise.

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

Asian Feed Demand Intensifies Competition for Broken Rice in West Africa

China’s broken-rice imports rose above 3.5 million tonnes in 2022 as high corn prices encouraged feed mills to seek substitutes. The shift brought Asian industrial buyers into greater competition with West African consumers, although USDA researchers found no evidence of a food-supply shock so far.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Machinery & Automotive

Russian Passenger-Car Output Seen Rising Up to 19% in 2026, to 700,000-800,000 Units

Analysts surveyed by Kommersant expect Russia to build 700,000-800,000 passenger cars in 2026, a rise of 4% to 19% against the 673,000 units Rosstat recorded for 2025. Forecasts range from Strategy Partners' pessimistic 660,000 to 800,000 from Euler Analytical Technologies. Growth is tied to inventory normalisation, rising sales and expanded assembly of Chinese models under new brands.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

USDA Forecasts 2.4% Growth in Philippine Beef Imports in 2027

Philippine beef imports are expected to increase by 2.4% in 2027, according to a USDA forecast reported by Portal DBO. The expansion could create additional sales opportunities for Brazilian suppliers, although no absolute volume estimate was disclosed in the available report.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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