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

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| Agriculture: Crops & Grains

Kernel doubles Ukraine grain exports, cuts oilseed processing 32% in fiscal Q4

Ukrainian agroholding Kernel cut oilseed processing 32% year on year to 645,000 tonnes in the fourth quarter of its 2026 financial year, hit by a weak sunflower harvest. Over the same period grain exports from Ukraine more than doubled, and its terminals handled a record 9.587 million tonnes for the year.

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

Vietnam faces tougher ASEAN competition as China expands cassava logistics

China imported about 1.27 million tonnes of Vietnamese cassava and cassava products worth more than $429 million in the first quarter of 2026. New processing and logistics projects are supporting demand while giving suppliers from Cambodia, Laos and Thailand better access to inland China.

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

Austria tightens import controls to align food and feed with EU standards

Austria will increase checks on agricultural imports from non-EU countries, focusing initially on feed traceability, pesticide active substances and prohibited materials. Farm representatives also want EU policy to assess production methods, rather than relying solely on the characteristics of the finished product.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Food & Beverages

South African brewers challenge proposed excise overhaul over jobs and illicit trade

South African brewers are urging National Treasury to link alcohol excise increases to inflation rather than introduce a tiered system that could raise tax on most beer by as much as 20%. The industry says higher duties would pressure jobs, investment and legal sales, while public-health advocates support stronger taxation of higher-alcohol products.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Adverse weather cuts Panama’s milk output to 162 million liters

Panama produced 162 million liters of milk through June, down from 165 million liters in the same period a year earlier. Heat and drought reduced pasture and water availability, while imported mozzarella and rising input costs added pressure on dairy farmers.

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

Vietnam leads global pepper production while imports reach $257.7 million

Vietnam harvested about 267,300 tonnes of pepper in the first half of 2026, up 5% year on year. Its companies nevertheless imported 45,198 tonnes worth $257.7 million, mainly from Cambodia and Brazil, to support processing, exports and raw-material diversification.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Eswatini's Sugar Industry Posts E8 Billion in Revenue for 2025/26

Eswatini's sugar sector generated E8 billion in revenue in the 2025/26 financial year, up from E7.7 billion, as higher sales volumes offset a sharp drop in global sugar prices. Rising SACU imports, weather disruptions and electricity costs remain key pressures on producers.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

EU quotas drive 23% monthly drop in Ukrainian dairy export volumes

Ukraine’s dairy export volume fell 23% month on month in June 2026, while revenue declined 31%, according to the Association of Milk Producers. EU tariff-rate quotas, weaker global prices and licensing requirements constrained sales as dairy imports into Ukraine increased sharply.

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Isabella Romano
Lead Food & Beverage Analyst
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