Market News

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

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| Agriculture: Crops & Grains

Newcastle disease spreads in Spain: 1.3 million birds culled, some 30 countries curb poultry imports

A fast-spreading Newcastle disease outbreak in Spain has forced the culling of more than 1.3 million birds, with foci now concentrated in Valladolid. Around 30 countries have suspended or restricted imports of Spanish poultry products, hitting markets from Japan to Latin America.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Machinery & Automotive

Russian new car sales fall 16.2% in a single week as fuel worries weigh

Russia's new passenger car market lost 16.2% week-on-week in the week of 6-12 July, with 25,900 units registered. Analyst Sergey Tselikov called it a bad signal, pointing to fading registration effects and fuel supply problems. Light commercial and truck sales also declined.

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

CBOT grains rally as USDA cuts production and stock forecasts

CBOT grain futures closed higher across the board on Friday, July 10, led by wheat gaining more than 3%, after the USDA lowered production and stockpile estimates. Reports of Russia restricting wheat shipments through the Don-Azov corridor added further support.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Global pet food market set to reach $199 billion by 2034, Fortune Business Insights report says

The global pet food market will grow from $135 billion in 2026 to $199 billion by 2034, a 48% rise at a 5% annual rate, according to a Fortune Business Insights report cited by Milano Finanza. In Italy, cat food already outsells dog food by value despite lower volumes, while surveys show buyers increasingly confused by product choice.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

South Korea steadies pork and chicken prices as imported eggs reach shelves

South Korea says pork and chicken prices are stabilizing on expanded supply, while imported fresh eggs have begun reaching stores. Under a plan to import 200 million eggs, about 10 million are being distributed this week, with E-Mart cutting its imported-egg price to 4,980 won from July 16.

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

German crop producer prices fall 10.4% in May

German farmers received 10.4 percent less for plant products in May than a year earlier, according to official statistics. The drop squeezes farm-gate revenue across the arable sector and shifts price competitiveness for German crop exports.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Ecuador and Dominican Republic Open Talks on Partial Trade Agreement

Ecuador and the Dominican Republic began negotiations on 6 July for a partial trade agreement to widen reciprocal market access. Ecuadorian exports to the Dominican Republic reached USD 148 million in 2025, with a positive trade balance of USD 128 million.

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Eleanor Hayes
Head of Trade Policy Research
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| Chemicals & Fertilizers

Plastic packaging rises 11% in the EU, JRC study finds

Plastic was the only packaging material to grow its EU market presence between 2011 and 2025, up 11% to 5.9 million tonnes, according to a JRC study reported by retema.es. PET dominates consumer packaging, while glass still accounts for about 75% of packaging weight.

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

Argentina's 2026-27 grain outlook improves on cheaper fertilizer

Lower fertilizer costs and favorable weather are lifting margins and optimism for Argentina's 2026-2027 corn, soybean and sunflower campaign, according to Agrositio. Market consultant Mariela Brandolin points to early corn as the standout, while producers used put options at USD 220 to hedge downside price risk.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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