Commodity
Commodity trading, futures, and spot prices
Nigeria Owns Kola, but Trades It Cheap
Nigeria leads the world in growing and eating kola nut, yet the trade stays largely informal and low-value. As the global kola market heads toward …
Coffee Futures Climb on Supply Concerns
Global coffee prices rose after concerns over lower production in major growing regions tightened supply expectations. Traders are monitoring weather conditions closely as demand remains …
Drought Pressures European Corn Harvest
Persistent dry weather across parts of Europe is reducing corn yield expectations, raising concerns over feed supplies and increasing uncertainty in regional grain markets.
Soybean Demand Strengthens Global Trade
Strong international demand for soybeans is supporting export activity as buyers continue to secure supplies for food and livestock production despite changing market conditions.
War and TikTok Squeeze the Pistachio
Pistachio prices have hit their highest level in eight years as a viral Dubai chocolate craze collides with war-related disruption to Iran's exports. The green …
Black Sea Wheat Keeps Bread Cheap
A big Black Sea harvest is keeping global wheat prices in check in 2026, even as the United States heads for its smallest crop since …
India's Rice Flood Reaches Africa
India's granaries are overflowing after a record harvest, and the government has scrapped export floors and duties to move the surplus. The result is the …
A Quota Cut Squeezes Africa's Mackerel
Shrinking Northeast Atlantic fishing quotas are pushing up the price of mackerel, one of the most affordable proteins in West Africa. With the EU cutting …
Snubbed by China, US Sorghum Turns to Africa
US sorghum exports to China, once the crop's biggest buyer, collapsed by about 97 per cent in the trade war, sinking prices below $3 a …
Sudan's War Squeezes the World's Gum
Sudan supplies most of the world's gum arabic, the acacia resin that binds fizzy drinks, sweets and medicines. More than three years of war have …
A Tomato Paste Glut Seeks Buyers
China's Xinjiang region built a tomato paste empire, then watched European demand collapse over forced-labour concerns. Left with hundreds of thousands of tonnes of unsold …
Hazelnuts Rebound From a Frost Shock
A year after frost wrecked Turkey's hazelnut orchards and drove kernel prices to record highs, the world's dominant supplier is heading for a crop 56 …
Lamb Prices Climb as Flocks Shrink
Lamb has become one of the world's hottest proteins. Australian prices jumped 47 per cent in a year and American lamb surged 61 per cent …
Coconut Oil Stays Stubbornly Dear
Coconut oil prices nearly tripled in under two years and are easing only slightly in 2026. Ageing trees, slow replanting and competition from coconut milk …
Avocado's Glut Before the Boom
Europe is drowning in avocados, with June imports at record levels and prices more than 20 per cent below last year. Yet the OECD and …
Olive Oil Cools, but Trouble Brews
Olive oil prices have fallen about a third from their 2024 record as Mediterranean harvests recovered. Growers are not relaxing, though: a sharp drop in …
Tariffs Come for Brazil's Coffee
Washington's trade war has landed on the world's largest coffee supplier. Brazilian coffee still faces steep US tariffs even after exemptions, and industry groups warn …
The World Is Awash in Cheap Tea
Global tea prices are set to fall for a second straight year as India floods the market with supply. The slide is squeezing African growers, …
Argentina Slashes Its Grain Export Taxes
Argentina, a top global grain and oilseed supplier, is cutting the export taxes that farmers have long resented. President Milei lowered wheat and barley duties …
A Fungus Stalks the World's Bananas
A soil-borne disease with no cure is spreading through the world's banana fields, from Asia to Latin America. With Ecuador's crop under strain and prices …