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

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| Agriculture: Crops & Grains

Indonesia's Oil Palm Area Nears Environmental Carrying-Capacity Limit, Beritasatu Reports

Indonesia's oil palm plantation area has moved close to the upper boundary implied by environmental carrying-capacity modelling, according to beritasatu.com. The reporting does not disclose the threshold value, the current area it was compared against, or the institution behind the calculation. If area is effectively capped, future output growth depends on replanting, seed quality and mill extraction rates rather than on new land.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Chemicals & Fertilizers

Novo advances Saudi semaglutide manufacturing plan with Lifera

Novo Nordisk and Lifera are progressing plans to manufacture semaglutide medicines in Saudi Arabia, including Ozempic and Wegovy. Commercial production has not yet begun, and the partners have not disclosed a launch date, investment value or dedicated GLP-1 capacity.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Food & Beverages

Vietnam’s seafood exports reach $1.14 billion in August 2026

Vietnam exported $1.14 billion worth of seafood in August 2026, according to VITIC calculations based on Vietnam Customs data. The monthly value increased 3.71% from July, indicating continued momentum toward the end of the first eight months of the year.

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

Shrinking Cattle Herds Push Global Beef Prices Higher

Cattle availability is declining in Brazil, the United States and China as global meat prices rise, particularly for beef. India faces a different problem: poultry prices are being pressured by feed costs rather than cattle supply.

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

Tunisia buys 125,000 tonnes of soft wheat and 75,000 tonnes of feed barley

Tunisia purchased about 125,000 tonnes of soft wheat and 75,000 tonnes of feed barley in international tenders, Reuters reported, citing European traders. The available tender report did not disclose prices, delivery periods, suppliers or expected origins.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Korean biotech industry urges government to retain R&D import-duty relief

South Korea plans to remove customs-duty relief for corporate industrial-technology R&D imports from August 1, 2027. The Korea Biotechnology Industry Organization warns that the change would raise development costs, particularly for early-stage companies without revenue or commercial products.

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Yusuf Demir
Senior Trade Policy Analyst
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| Agriculture: Crops & Grains

Brazil Expected to Begin Pigeon-Pea Exports to India in Late 2026

Brazil is expected to begin supplying pigeon peas to India in October-November 2026, with initial shipments estimated at 20,000-30,000 tonnes. The new origin could diversify Indian supply, but the projected volume remains modest compared with imports of 579,000 tonnes during the first seven months of the current financial year.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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