Australia news

Basmati climbs on a 40% kharif shortfall

Indian basmati rates rose through August as kharif output came in around 40% below normal, with mills and mandis holding almost no old paddy to fall back on.

Thai cane area at risk from higher tapioca prices

Thailand's 2026/27 cane area looks set to shrink as tapioca pays better, and the mills are turning to white sugar exports for the rest of the year.

Europe's beet crop drought pushes buyers toward imports

Drought has left Europe's beet crop unrecoverable in places, and Vesper estimates the EU and UK may need 3.4 million tonnes of sugar imports this season.

Bolivia's blockades lift, but diesel shortages keep Brazil nut shipments stuck

Bolivia's road blockades have ended, but diesel shortages and port congestion at Arica are still delaying Brazil nut shipments this season.

Macadamia forecasts edge lower while cashew season winds down

Macadamia crop forecasts slip in Australia and South Africa while the cashew season winds down, keeping tree nut buyers covered short into late 2026.

California almonds firm up as May shipments beat expectations

The California almond market is holding firm heading into the close of the crop year, after a May position report that came in stronger than the trade...

European sugar: buyers and sellers dig in on new-crop prices

The market for 2026/27 European sugar has settled into a standoff. Buyers are holding around the €530 mark depending on volume, while sellers are trying to...

Vegetable oils hold firm on crude rebound and biofuel demand

Vegetable oil markets steadied this week, caught between a rebound in Brent crude and a long list of conflicting signals. Brent's August contract fell to a...

Thai cane pivots to tapioca as China's sugar surplus builds

East Asia's sugar markets are heading into the new season with weather and policy pulling in different directions. In Thailand, the three-month outlook...

Grains slip on US-China summit disappointment despite tight wheat supply underneath

The US-China summit delivered less than the grains market was hoping for. No new commitments to purchase US soybeans, no tariff reductions announced, and no ...

Vegetable oils track Brent higher as El Nino and Hormuz tensions set the agenda

Brent crude rose from $104 to $112 per barrel over the week, and vegetable oil markets moved with it. The trigger was fresh US threats to resume attacks on...

Vegetable oils ease with Brent on stalled Iran-US talks

Brent crude (July) closed the week at $104/barrel, down from $114 the prior week and recovered from a $100 low reached on signs of progress in Iran-US peace ...

California almond shipments beat March expectations, Turkey absorbs Middle East rerouting

California almond shipments outperformed expectations in March. Total shipments reached 257.99 million lbs, well above industry estimates of around 225...

Wheat and corn prices fall on lower crude and higher supply estimates

Wheat: bearish WASDE, US crop conditions deteriorating Euronext milling wheat dropped to EUR 194/mt from EUR 205/mt two weeks ago. Vesper's French wheat...

Sugar retreats from March highs on easing geopolitical risk

Global prices pull back The Sugar No. 11 raw price stood at $13.88/lb and No. 5 white at $424/mt as of April 14. The reversal reflects bearish underlying...

Australian beef exports hit near-record volumes in March 2026

Australia's beef export program delivered its second-highest monthly total on record in March 2026, with broad-based demand across key markets driving...

Australian sheep meat exports decline sharply in March as MENA shipments contract

Australian sheep meat exports pulled back materially in March 2026, with total combined lamb and mutton shipments reaching 42,656 tonnes, down 24% year on...

Variable spring weather disrupts EU sugar beet drilling, area down 7% year on year

Conditions for beet drilling have been uneven across northern Europe this spring, adding uncertainty to the EU sugar supply outlook heading into the 2026/27 ...

Vegetable oils rebound on crude surge and biofuel policy shifts

Vegetable oil prices recovered broadly last week, with palm and soybean oil leading gains on the back of firmer Brent crude and new biofuel policy...

Supply tightens and shipments slow across tree nut markets

Cashew prices are on the move, Brazil nut supply is tightening and pecan shipments are down 35% year-on-year. Get the full tree nuts...

Australian beef exports rise as tight US supply boosts demand

Australian beef exports rose 11% year-on-year in February as tight US cattle supply and a 42% price discount for Australian cattle...

Grain prices rise on Middle East conflict, with wheat, corn and soybeans all moving higher

Grain markets moved higher over the past two weeks, with the Middle East conflict the most significant driver. Wheat, corn, barley, and...

Tree nut markets in early 2026: cashews, macadamias, almonds, and pecans

Tree nut market update February 2026: cashews, macadamias, almonds, and pecans Meta description: From firm cashew prices post-TET to pecan...

EU sugar production projected to fall 10% as consumption uncertainty clouds market outlook

EU sugar production projected to decline to 15.4 million tonnes in 2026/27 from 17.05 million tonnes. Import needs unclear as November...

European wheat faces competition squeeze amid strong euro and record global output

French wheat flour falls to EUR 283/mt as abundant global supplies and 11% euro appreciation squeeze European exporters facing competition...

Global grain surplus puts buyers in control as sellers compete for market share

Record wheat, corn, and barley harvests force sellers to compete for market share. Analysis of grain market dynamics and pricing...

Dry European weather and China frost risk test global grain outlook

European grain regions face dry conditions while China's corn belt braces for frost. Latest global crop production analysis shows stable...

Record global grain production pressures prices across wheat, corn and barley markets

Global grain markets face downward pressure as record wheat, corn and barley production forecasts overwhelm seasonal patterns.

Ukrainian rapeseed export delays drive European oil prices higher

Rapeseed oil prices rise as Ukrainian export disruptions limit supply during harvest season, while Canadian production increases promise...

Rapeseed supply expands while sunflower markets tighten amid harvest delays

Ukrainian sunflower crop drops to 13.56 mmt while rapeseed forecasts rise 700k mt in Australia. Palm oil gains $20/mt on Malaysian supply concerns. Analysis.

Canadian canola exports to EU face certification bottleneck while trade tensions with China persist

Canadian canola exports to EU may be capped at 2-4 MMT due to biodiesel certification requirements, forcing exporters to redirect volumes.

Tracking Trump’s US agri-commodity trade tariffs

US President Donald Trump is set to implement taxes as high as 50% on agricultural imports unless deals can be negotiated before August 1.

Why are U.S. butter prices declining while Europe and New Zealand’s remain high?

U.S. butter prices are under pressure from oversupply, while European and New Zealand markets remain elevated.

What a 50% US tariff could mean for Brazilian orange juice, coffee, and beef trade

US President Donald Trump’s threat to impose a 50% tax on all Brazilian exports could significantly affect global supply and pricing.

Biodiesel prices edge higher as feedstock costs rise amid tariff deadline pressure

FAME0 gains $6/mt to $1,322/mt while UCO prices surge. HVO softens as August tariff deadlines approach. LSGO drops $84/mt on trade war fears.

China's massive Sugar purchases signal market shift as Asian production outlook strengthens

China purchases 2.5M tonnes raw sugar exhausting import quota while Thailand's production outlook strengthens.

Canola Market Faces Pressure: MATIF Rapeseed and ICE Canola Prices Tumble Amid China's Tariff Implementation

MATIF rapeseed and ICE canola prices tumble as China imposes 100% tariff on Canadian canola products. European markets brace for influx while Australia raises p

Rapeseed complex is stronger w-o-w on weather worries

Discover how adverse weather conditions in key regions are driving up rapeseed and canola prices. Explore the latest price increases here.

Biodiesel market sees an increase in RME and rapeseed oil prices

Rising biodiesel demand in Western Europe and drought concerns in Australia push rapeseed oil and MATIF prices higher, despite a smooth Canadian harvest.

Highlights on the oils & fats market: Falling food prices go hand in hand with bearishness

Explore recent geopolitical tensions: Taiwan-China military exercises, easing China-Australia trade conflict, and global food price trends.

Global production levels for vegetable oils are predicted to reach a record level

Expected price developments for palm oil, soybean oil, rapeseed oil, and sunflower oil of the 22/23 crop year. Vegetable oils remain a key ingredient in the...