World Farming Agriculture and Commodity news - Short update  29th September 2025

World Farming Agriculture and Commodity news - Short update 29th September 2025

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Domestic food price inflation remains moderately high. Information from the latest month between May and August 2025 for which food price inflation data are available shows high inflation in many low- and middle-income countries, with inflation higher than 5% in 52.9% of low-income countries (23.6.0 percentage points lower than at the last update on June 9, 2025), 45.7 % of lower-middle-income countries (8.8 percentage points higher), 50% of upper-middle-income countries (5.0 percentage points higher), and 20% of high-income countries (5.5 percentage points higher). In real terms, food price inflation exceeded overall inflation in 65% of the 161 countries where data is available.

Tasmania's vibrant and diverse agricultural sector has experienced sustained and widespread growth over recent decades, emerging as a standout success story. This expansion has been underpinned by strategic investments in irrigation infrastructure and supply chains, enabling land use change, productivity gains across a diverse range of commodities. Looking ahead, further growth remains achievable across most sectors. However, the nature of this growth is expected to be more mature, reflecting the stabilisation of irrigation water access and the need for deeper investment in productivity-enhancing technologies and practices. As the sector transitions into its next phase, it is timely to reflect on the key learnings from past growth, particularly the importance of coordinated investment, remaining globally competitive, access to market, resource efficiency, and long-term planning.

Southern Glazer’s Wine & Spirits is the largest alcohol wholesaler in the United States. We caught up with Mark Chaplin, John Wittig, and David Chaplin, three of Sourthern’s senior executives, to discuss the toughest issues facing alcohol distribution in 2025 and increasing pressure to become a total beverage distributor. Note: This episode was recorded only a few days prior to Southern’s acquisition of AB InBev’s wholly owned New York City distribution operations. In the coming weeks, we will have the Southern team back on the show to discuss that transaction.

Every three years in September, the International Baking Industry Exposition (IBIE) brings bakeries and suppliers together in a fascinating showcase of the latest technologies, trends, and products. The exposition is a golden opportunity for analysts and industry stakeholders to observe the latest innovations and anticipate what may soon appear on bakery aisles and menus across the country. IBIE 2025 highlighted the bakery industry's efforts to respond to economic challenges and shifting consumer preferences, balancing indulgence and health to meet evolving demands. Through automation, global flavors, and more nutrient-dense formulations, bakery players are redefining their role, not just through product innovation but by shaping the narrative around the value of baked goods in American diets.

Our food and nutrition security portfolio now spans across 90 countries. It includes both short term interventions such as expanding social protection, also longer-term resilience such as boosting productivity and climate-smart agriculture. The Bank's intervention is expected to benefit 327 million people by 2030. Some examples include:

  • The $2.75 billion Food Systems Resilience Program for Eastern and Southern Africa, helps countries in Eastern and Southern Africa increase the resilience of the region’s food systems and ability to tackle growing food insecurity. Now in phase three, the program will enhance inter-agency food crisis response also boost medium- and long-term efforts for resilient agricultural production, sustainable development of natural resources, expanded market access, and a greater focus on food systems resilience in policymaking.
  • A $95 million credit from IDA for the Malawi Agriculture Commercialization Project (AGCOM) to increase commercialization of select agriculture value chain products and to provide immediate and effective response to an eligible crisis or emergency.
  • The $200 million IDA grant for Madagascar to strengthen decentralized service delivery, upgrade water supply, restore and protect landscapes, and strengthen the resilience of food and livelihood systems in the drought-prone ‘Grand Sud’.
  • A $60 million credit for the Integrated Community Development Project that works with refugees and host communities in four northern provinces of Burundi to improve food and nutrition security, build socio-economic infrastructure, and support micro-enterprise development through a participatory approach.
  • The $175 million Sahel Irrigation Initiative Regional Support Project is helping build resilience and boost productivity of agricultural and pastoral activities in Burkina Faso, Chad, Mali, Mauritania, Niger, and Senegal. More than 130,000 farmers and members of pastoral communities are benefiting from small and medium-sized irrigation initiatives. The project is building a portfolio of bankable irrigation investment projects of around 68,000 ha, particularly in medium and large-scale irrigation in the Sahel region.
  • Through the $50 million Emergency Food Security Response project, 329,000 smallholder farmers in Central Africa Republic have received seeds, farming tools and training in agricultural and post-harvest techniques to boost crop production and become more resilient to climate and conflict risks.
  • The $15 million Guinea Bissau Emergency Food Security Project is helping increase agriculture production and  access to food to vulnerable families. Over 72,000 farmers have received drought-resistant and high-yielding seeds, fertilizers, agricultural equipment; and livestock vaccines for the country-wide vaccination program. In addition, 8,000 vulnerable households have received cash transfer to purchase food and tackle food insecurity.

  • The $766 million West Africa Food Systems Resilience Program is working to increase preparedness against food insecurity and improve the resilience of food systems in West Africa. The program is increasing digital advisory services for agriculture and food crisis prevention and management, boosting adaption capacity of agriculture system actors, and investing in regional food market integration and trade to increase food security. An additional $345 million is currently under preparation for Senegal, Sierra Leone and Togo.
  • A $150 million grant for the second phase of the Yemen Food Security Response and Resilience Project, which will help address food insecurity, strengthen resilience and protect livelihoods.
  • $50 million grant of additional financing for Tajikistan to mitigate food and nutrition insecurity impacts on households and enhance the overall resilience of the agriculture sector.
  • A $125 million project in Jordan aims to strengthen the development the agriculture sector by enhancing its climate resilience, increasing competitiveness and inclusion, and ensuring medium- to long-term food security.
  • A $300 million project in Bolivia that will contribute to increasing food security, market access and the adoption of climate-smart agricultural practices.
  • A $315 million loan to support Chad, Ghana and Sierra Leone to increase their preparedness against food insecurity and to improve the resilience of their food systems.
  • A $500 million Emergency Food Security and Resilience Support Project to bolster Egypt's efforts to ensure that poor and vulnerable households have uninterrupted access to bread, help strengthen the country's resilience to food crises, and support to reforms that will help improve nutritional outcomes.
  • A $130 million loan for Tunisia, seeking to lessen the impact of the Ukraine war by financing vital soft wheat imports and providing emergency support to cover barley imports for dairy production and seeds for smallholder farmers for the upcoming planting season.

In May 2022, the World Bank Group and the G7 Presidency co-convened the Global Alliance for Food Security, which aims to catalyze an immediate and concerted response to the unfolding global hunger crisis. The Alliance has developed the publicly accessible Global Food and Nutrition Security Dashboard, which provides timely information for global and local decision-makers to help improve coordination of the policy and financial response to the food crisis.

The heads of the FAO, IMF, World Bank Group, WFP, and WTO released a Third Joint Statement on February 8, 2023. The statement calls to prevent a worsening of the food and nutrition security crisis, further urgent actions are required to (i) rescue hunger hotspots, (ii) facilitate trade, improve the functioning of markets, and enhance the role of the private sector, and (iii) reform and repurpose harmful subsidies with careful targeting and efficiency. Countries should balance short-term urgent interventions with longer-term resilience efforts as they respond to the crisis.

World Farming Agriculture and Commodity news - Short update 22nd September 2025

Argentina’s soy exports for the 2024/25 season reached a seven-year high of 10.5 million metric tons, surpassing the 2018/19 record of 10.1 million tons, driven by a temporary suspension of export taxes, according to Reuters. The tax pause, effective from Monday to October’s end or until $7 billion in exports, aimed to boost foreign currency reserves to stabilize the peso. Normally, soy exports face a 26% tax. The move sparked a trading frenzy, with China buying 1.3 million tons and India purchasing a record 300,000 tons of soyoil in two days, fueled by low prices and U.S. trade tensions. However, local farming leader Santiago del Solar criticized the sudden policy shift as chaotic, causing price volatility and a bottleneck, with export duties dropping from $100 to $40 per ton. Despite reinstated taxes, the market is expected to remain active as exporters declared sales before securing goods, keeping soybean prices elevated at $340 per ton, up from $300 last week, though trading may slow. A separate tax suspension on beef and poultry continues until October 31 without quotas.
Canada’s Supreme Court granted a temporary stay of execution on September 24, 2025, halting the culling of about 400 ostriches at Universal Ostrich Farms in Edgewood, British Columbia, after two birds tested positive for avian flu late last year. The Canadian Food Inspection Agency ordered the cull on December 31, but the farm, which specializes in ostrich antibody research, argued it would cause “irreparable harm” to unique genetics and their business. Despite losing lower court battles, the farm gained U.S. support from figures like Mehmet Oz and Robert F. Kennedy Jr., who opposed the cull. An affidavit from a University of British Columbia professor claims the ostriches may have immunity to avian flu. The stay is temporary, with the agency required to respond by October 3, and the court will expedite the case. The agency, maintaining custody of the birds, defends its “stamping out policy” to control animal disease, citing security concerns amid threats from farm supporters. The broader context includes severe bird flu outbreaks, which have led to millions of poultry culls in the U.S. and Canada, driving up egg prices.

Summary: Weekly USDA US Beef and Pork Export Sales, Triumph Foods Challenges California’s Prop 12Beef Exports: USDA reports net U.S. beef sales for 2025 at 8,400 metric tons (MT), down 47% from the prior week and 42% from the four-week average, with key increases to Japan (2,000 MT), Mexico (1,800 MT), South Korea (1,300 MT), Taiwan (1,100 MT), and Canada (900 MT). Net sales for 2026 were minimal at 100 MT for Taiwan. Exports reached 12,500 MT, down 5% from the previous week but up 11% from the four-week average, primarily to Japan (3,400 MT), South Korea (2,900 MT), Mexico (1,500 MT), Taiwan (1,100 MT), and Canada (1,000 MT).


Pork Exports: Net U.S. pork sales for 2025 were 29,400 MT, up 34% from the prior week and 12% from the four-week average, driven by Mexico (10,000 MT), South Korea (4,900 MT), Japan (3,800 MT), the Dominican Republic (2,600 MT), and Colombia (2,000 MT), offset by minor reductions for Panama (100 MT). Net sales for 2026 were 200 MT for South Korea. Exports totaled 29,300 MT, unchanged from the prior week but up 12% from the four-week average, with major destinations being Mexico (13,100 MT), Japan (3,600 MT), China (2,800 MT), South Korea (2,400 MT), and Colombia (1,900 MT). Recent Chinese purchases, spurred by higher EU tariffs, signal stronger demand.


Triumph Foods Lawsuit: Triumph Foods has filed a lawsuit challenging California’s Proposition 12, which restricts pork and egg sales from animals not housed under specific standards. The company argues Prop 12 overrides federal authority, citing USDA’s existing oversight of meat and poultry plants. This follows Triumph’s success in weakening Massachusetts’ Question 3 and aligns with broader industry concerns, including the National Pork Producers Council’s critique of state laws like Prop 12 and San Francisco’s 2017 antibiotic reporting ordinance, which impose out-of-state economic burdens. The Supreme Court has declined to hear prior Prop 12 challenges, but Triumph cites the 2011 National Meat Association v. Harris ruling to argue for federal preemption.

 

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    Coffee 2.06% 3.79 USD
    Lumber 1.62% 594.50 USD
    Lean Hog 1.02% 1.01 USD
    RBOB Gasoline 0.99% 2.03 USD
    Diesel Fuel 0.75% 1.60 EUR

    Commodity Prices

    Precious Metals Price % +/- Unit Date
    Gold
    3,762.71
    0.00%
    0.00
    USD per Troy Ounce
    9/27/2025
    Palladium
    1,271.50
    0.00%
    0.00
    USD per Troy Ounce
    9/27/2025
    Platinum
    1,573.50
    0.00%
    0.00
    USD per Troy Ounce
    9/27/2025
    Silver
    46.04
    0.00%
    0.00
    USD per Troy Ounce
    9/27/2025
    Energy Price % +/- Unit Date
    Natural Gas (Henry Hub)
    2.86
    -2.95%
    -0.09
    USD per MMBtu
    9/26/2025
    Heating Oil
    63.93
    -0.41%
    -0.26
    USD per 100 Liter
    9/26/2025
    Coal
    92.95
    0.27%
    0.25
    per Ton
    9/26/2025
    RBOB Gasoline
    2.03
    0.99%
    0.02
    per Gallone
    9/26/2025
    Oil (Brent)
    69.75
    0.16%
    0.11
    USD per Barrel
    9/26/2025
    Oil (WTI)
    65.18
    -0.08%
    -0.05
    USD per Barrel
    9/26/2025
    Industrial Metals Price % +/- Unit Date
    Aluminium
    2,655.83
    0.09%
    2.28
    USD per Ton
    9/26/2025
    Lead
    1,957.50
    -0.41%
    -8.00
    USD per Ton
    9/26/2025
    Copper
    10,125.50
    -1.81%
    -186.50
    USD per Ton
    9/26/2025
    Nickel
    15,035.00
    -1.64%
    -250.00
    USD per Ton
    9/26/2025
    Zinc
    2,935.00
    -2.56%
    -77.00
    USD per Ton
    9/26/2025
    Tin
    34,450.00
    0.06%
    20.00
    USD per Ton
    9/26/2025
    Agriculture Price % +/- Unit Date
    Cotton
    0.64
    -0.95%
    -0.01
    USc per lb.
    9/25/2025
    Oats
    3.07
    -1.92%
    -0.06
    USc per Bushel
    9/26/2025
    Lumber
    594.50
    1.62%
    9.50
    per 1.000 board feet
    9/26/2025
    Coffee
    3.79
    2.06%
    0.08
    USc per lb.
    9/26/2025
    Cocoa
    4,823.00
    -0.82%
    -40.00
    GBP per Ton
    9/26/2025
    Live Cattle
    2.32
    -0.10%
    0.00
    USD per lb.
    9/26/2025
    Lean Hog
    1.01
    1.02%
    0.01
    USc per lb.
    9/26/2025
    Corn
    4.22
    -0.77%
    -0.03
    USc per Bushel
    9/26/2025
    Feeder Cattle
    3.57
    -2.29%
    -0.08
    USc per lb.
    9/26/2025
    Milk
    17.57
    0.11%
    0.02
    USD per cwt.sh.
    9/26/2025
    Orange Juice
    2.44
    0.27%
    0.01
    USc per lb.
    9/26/2025
    Palm Oil
    4,321.00
    -1.01%
    -44.00
    Ringgit per Ton
    9/26/2025
    Rapeseed
    470.75
    -0.37%
    -1.75
    EUR per Ton
    9/26/2025
    Rice
    11.28
    -0.79%
    -0.09
    per cwt.
    9/26/2025
    Soybean Meal
    268.50
    -0.22%
    -0.60
    USD per Ton
    9/26/2025
    Soybeans
    10.14
    0.20%
    0.02
    USc per Bushel
    9/26/2025
    Soybean Oil
    0.50
    -0.26%
    0.00
    USD per lb.
    9/26/2025
    Wheat
    189.25
    -0.79%
    -1.50
    USc per Ton
    9/26/2025
    Sugar
    0.16
    0.38%
    0.00
    USc per lb.
    9/26/2025