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| Agriculture: Crops & Grains

European and global pork market slides into deep mid-2026 crisis

The European and global market for live pigs and pork fell into a severe downturn in mid-2026. A combination of unfavourable trade conditions and rapidly rising EU pork production has pushed prices lower and squeezed farmer margins.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Karachi Flour Prices Hit 170 Rupees per Kg, Defying Government Caps

Flour prices in Karachi have moved well above official ceilings, with fine flour selling at 160-170 PKR per kilogram against a government cap of 135. Millers reject the mandated rates, citing sharp increases in wheat costs. According to The Express Tribune, the widening gap is deepening fears of a supply crisis.

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

Four arrested as SIT probes diversion of FCI ethanol rice to private mills in Madhya Pradesh

A Special Investigation Team in Madhya Pradesh has arrested four people over the alleged diversion of subsidised Food Corporation of India rice meant for an ethanol plant. The grain, dispatched from a warehouse in Balaghat to a distillery in Chhindwara, is suspected to have been rerouted to private mills. The case draws attention to India's food-grain allocation and ethanol feedstock policy.

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

Bunge to supply Acelen 1.5 million tonnes of certified soybean oil for Bahia biorefinery

Bunge has signed a five-year contract to deliver 1.5 million tonnes of certified soybean oil to Acelen Renováveis, a Mubadala Capital company. Deliveries begin in 2029 and will feed a biorefinery Acelen is building in Bahia for more than US$3 billion. Forbes Brazil describes it as South America's largest soybean oil contract.

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

Sugar futures slide as crude oil weakness curbs ethanol demand

New York raw sugar and London white sugar futures fell sharply, tracking weakness in crude oil. Lower oil prices reduce ethanol demand, pushing Brazilian mills to divert more cane into sugar and lift global supply. White sugar led the move lower.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

European winemakers press Brussels and governments for crisis support

Wine-industry bodies from Spain, France and Italy issued a joint appeal to the European Commission and their governments to keep wine a budget priority. They reject any CAP cut and oppose shifting wine aid to national co-financing, warning it would fragment the single market as the sector faces a sales and price crisis.

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Isabella Romano
Senior Food & Beverage Trade Analyst
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| Agriculture: Crops & Grains

Illegal herbicide-tolerant cotton nears a third of India's acreage as gene-editing rules lag

Unapproved herbicide-tolerant Bt cotton now covers a quarter to nearly a third of India's cotton acreage across seven States, up from about 15 per cent in 2019-20, according to industry figures cited by the USDA and reported by Frontline. Farmers buy the '4G' and '5G' seeds mainly for pest resistance after approved BG-II lost its grip on the pink bollworm. The Rs. 600 crore parallel market grew as India deregulated gene editing in 2022.

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

Russia asks Kazakhstan to suspend food-grade sunflower exports until 2027 over smuggling

Rosselkhoznadzor has asked Kazakhstan's Ministry of Agriculture to suspend food-grade sunflower shipments to Russia until 1 January 2027. The request follows the discovery of a warehouse in Krasnodar Krai where 40 trucks of seed material entered disguised as food product, with inner labels pointing to parental seed lines from France and Chile.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

US red meat exports lose momentum as Mexico curbs pork offal imports

New USDA and US Meat Export Federation data show US red meat export volumes fell significantly, with Mexico's restrictions on pork offal imports named as a leading cause. The curbs weigh on both the beef and pork trade and leave exporters searching for markets to absorb variety meats with limited demand at home.

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Isabella Romano
Senior Food & Beverage Trade Analyst
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| Agriculture: Crops & Grains

Ukraine buckwheat prices surge over 40% since March as poor harvest raises import prospect

Buckwheat groats in Ukraine rose from an average of 53 UAH per kilogram in March to 75 UAH in June, an increase of more than 40%, according to molbuk.ua. The publication attributes the surge to a poor harvest and cites experts who expect further gains. With domestic output falling short, Ukraine may need to import buckwheat to cover demand.

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Martin Keller
Senior Agricultural Commodities Analyst
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