Notes from our trading desk on the markets we trade in: what is moving supply and prices, and what buyers can do about it. Every figure comes with its source.
Featured · Commodity markets
Russia and Ukraine have harvested plenty of wheat, but attacks on ports have cut shipments to their lowest in years. What that means for buyers in Egypt, North Africa and the Middle East.
Trade flowsAustralia has record lentils but half the chickpeas, Canada's pulse crop is smaller, and India's import rules decide where cargo goes. What pulse buyers should plan for.
Global agricultureForecasters now expect one of the strongest El Niño events on record this winter. Why it matters for rice, sugar and palm oil supply, and how buyers can plan their purchases around it.
Market insightsVegetable oil prices are at their highest since mid-2022. Indonesia's B50 biodiesel rule, El Niño, Black Sea port attacks and India's duty cut all matter for importers this season.
Commodity marketsA weak monsoon has cut India's rice planting, yet record stocks mean exports should stay open. What that means for rice prices and for buyers in Africa and the Middle East this season.
Trade flowsChina now takes African goods duty-free, and it buys most of its sesame from Africa. But the war in Sudan has changed how sesame and gum Arabic move, and what buyers must check.
Supply chainsContainer lines are moving back to the Suez Canal while Black Sea grain ports stay disrupted. What each route means for transit times, insurance and contracts for agricultural cargo.
Commodity marketsAfter a surplus year, forecasters expect a world sugar deficit in 2026/27. India is importing raw sugar duty-free, and El Niño threatens Asian cane. What it means for buyers.
Supply chainsA plain guide to the trade documents that travel with a bulk or container shipment of grain, oilseeds or sugar, and what each one proves to the buyer.
Tell us the commodity, specification, volume and destination. Our trading desk will come back with the origins and routes that are open.
