Market News

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

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| Trade Policy & Macro

US trade probe threatens Australian lamb’s $1.4 billion American market

Australian farmers and meat exporters are mobilising against a Trump administration trade probe that could restrict lamb shipments to the United States. The Australian Financial Review reports that the market is worth $1.4 billion and Australian imports account for about three-quarters of US supply.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Food & Beverages

NH Nonghyup Trade and Seoul Milk Target Vietnam’s Dairy Market

NH Nonghyup Trade, Seoul Milk Cooperative and CHATUDE GLOBAL are expanding sales of Korean dairy products in Vietnam. The partners will focus on UHT milk, localized marketing and distribution through hypermarkets, convenience stores and baby-product retailers.

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David Okafor
Food & Beverage Analyst
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| Energy & Fuels

Ethanol-Blended Diesel Fails Safety Test as India's E20 Debate Sharpens

India's petroleum ministry told Parliament that ethanol-diesel blends sharply lowered the fuel's flash point and failed prescribed safety standards, halting that route for now. The setback comes as experts question the efficiency, farming and water impacts of 20 percent ethanol in petrol, with the government citing more than 1.97 trillion rupees in foreign exchange savings since 2014-15.

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Priya Raghavan
Energy Markets Analyst
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| Chemicals & Fertilizers

Northwest Russia Develops Fertilizers From Peat, Algae and Fish-Farm Waste

Research centers in northwest Russia are developing and commercializing fertilizers made from White Sea algae, peat, fish-farm sediment, diamond-mining clay and coffee-roasting waste. The projects offer farmers local nutrient sources as Russia’s mineral fertilizer production declined in the first half of 2026.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Agriculture: Crops & Grains

FAO index: wheat up 5.8%, sugar 5.6% and vegetable oils 2% in July 2026 as meat falls

International prices for cereals, sugar and vegetable oils rose in July 2026, according to the FAO Food Price Index. Wheat gained 5.8%, maize 3.6%, sugar 5.6% and vegetable oils 2.0%, driven by heat waves, supply concerns and geopolitical tensions affecting energy markets. Meat prices fell 2.8%, the first monthly decline of the year.

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

Russian agribusiness firms enter Tanzania after President Samia’s visit

Russian companies, including Betaren, have begun entering Tanzania’s market following President Samia Suluhu Hassan’s three-day working visit to Russia in June. The development offers an early test of whether stronger diplomatic ties can produce lasting agricultural investment.

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Kevin O'Sullivan
Lead Electronics & Technology Analyst
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