Market News

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

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| Trade Policy & Macro

US alcohol tariff threatens Canadian spirits sales and cereal demand

A 50% US tariff on Canadian alcohol is expected to reduce spirits exports and eventually weaken demand for corn, rye, barley and wheat. Rye growers face particular exposure because the crop occupies only 339,000 acres and whisky remains an important outlet.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Food & Beverages

Moldova Becomes the Largest Market for Ukrainian Dairy Exports

Moldova became the leading destination for Ukrainian dairy products in January–July 2026, buying goods worth $50.6 million. Ukraine’s dairy exports fell in both volume and value, while rising imports intensified pressure on domestic cheese producers.

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

Morocco to resume soft-wheat import subsidies from September 16

Morocco will subsidize soft-wheat imports loaded between September 16 and December 31, reversing a suspension introduced in June. The indicative subsidy currently stands at 15-16 dirhams per quintal and will be recalculated monthly using reference prices from Argentina, France and Germany.

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

Labor shortage becomes chronic constraint for Bahia’s cocoa chain

Cocoa-sector representatives meeting at the second Expocacau in Ilhéus described labor scarcity as a chronic problem. The shortage threatens labor-intensive farm work, raises operating risks and strengthens the case for affordable mechanization and higher-value cocoa production.

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

Spanish Rice Growers Warn High Costs and Imports Could Push New Harvest Into Loss

Spanish rice growers are entering the harvest with rising diesel and input costs while farmgate prices are expected to decline. Unió de Pagesos says cheaper rice from Southeast Asia and Mercosur countries, delayed support and restrictions on crop-protection products are further weakening margins.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Vietnam’s online dried buffalo meat sales reach VND117.4 billion

Dried and smoked buffalo meat generated VND117.4 billion across four Vietnamese e-commerce platforms from 1 January 2025 to 31 July 2026. TikTok Shop captured more than 86% of sales, while the category drew scrutiny over the marketing of products made with frozen buffalo meat imported from India.

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

French potato sector urges buyers to adjust as acreage and yield prospects fall

France’s potato interbranch organization says planted area is down 10%, while field samples show yields more than 6 tonnes per hectare below the multi-year average. The CNIPT is asking retailers and other downstream buyers to reconsider pricing, promotions and size specifications.

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

Vietnam and Philippines seek more predictable rice trade framework

Vietnam has proposed upgrading its rice trade memorandum with the Philippines while a Philippine safeguard investigation examines imported rice. The two countries are also working to resolve SPS-IC delays that have complicated existing export contracts.

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Arjun Mehta
Consumer Goods Analyst
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