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Australia’s key commodities highlights and economic influences for this month. The full report covers the developments to watch in the upcoming weeks.
Here are the main highlights for some of New Zealand’s key commodities this month. The full report covers the developments to watch in the upcoming weeks.
Domestic food price inflation remains moderately high. Information from June and September 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 55.6% of low-income countries (2.8 percentage points lower than at the last update on September 17, 2025), 51.1% of lower-middle-income countries (5.4 percentage points higher), 55% of upper-middle-income countries (5.0 percentage points higher), and 20% of high-income countries (no change). In real terms, food price inflation exceeded overall inflation in 65% of the 161 countries where data is available.
The October 2025 Commodity Markets Outlook reported that commodity prices are expected to decline by about 7% this year. Since the last update, agricultural and export-price indices closed 6% and 11% higher, respectively, and the cereal price index closed at the same level. The AMIS Market Monitor, reports that global markets for major staples remain broadly well supplied, with favorable production conditions across most regions. The expected La Niña, together with an irregular change in sea surface temperatures in the Indian Ocean, will require close monitoring as these can shift rainfall patterns in key producing and import-dependent regions.
Also in October, the World Bank Group, together with the African Development Bank, the Inter-American Development Bank, and the International Fund for Agricultural Development, launched AgriConnect, an ambitious program to reshape agribusiness, create jobs in agrifood value chains and transform the livelihoods of millions of smallholder farmers globally.
The 2025 Child Nutrition Report highlighted an alarming rise in childhood overweight and obesity worldwide, driven by unhealthy food environments. In 2025, the prevalence of obesity among children and adolescents aged 5 to 19 overtook underweight children and adolescents for the first time, marking a significant shift in global malnutrition patterns. The number of overweight children and adolescents aged 5 to 19 has doubled since 2000, with low- and middle-income countries accounting for 81% of the global burden—up from 66% in 2000—leaving countries with a malnutrition double burden wherein overweight and obesity coexists with undernutrition.
The World Bank’s food and nutrition security portfolio now operates across 90 countries, blending short-term measures like expanded social protection with long-term strategies such as enhanced productivity and climate-smart agriculture, aiming to benefit 327 million people by 2030. In Honduras, the COMRURAL projects support 6,287 small-scale producers (including 33 percent women, 15 percent youth, and 11 percent indigenous) in coffee, vegetables, dairy, and honey through better markets and technology, creating 6,678 jobs, while the PROSASUR initiative in the Dry Corridor aids 12,202 vulnerable families with nutrition-focused farming, community plans, and education, resulting in 70 percent of young children and mothers consuming at least four food groups. A $2.75 billion program in Eastern and Southern Africa, now in its third phase, strengthens regional food systems through crisis response, resilient production, resource management, market access, and policy focus. Malawi receives a $95 million IDA credit for agricultural commercialization and emergency readiness, Madagascar a $200 million grant to improve water, landscapes, and drought resilience in the Grand Sud, and Burundi a $60 million credit for refugee-host community development in food security, infrastructure, and micro-enterprises.
The $175 million Sahel Irrigation Initiative across six countries benefits over 130,000 farmers and pastoralists with irrigation on a planned 68,000 hectares, while in the Central African Republic, a $50 million emergency project equips 329,000 smallholders with seeds, tools, and training against climate and conflict risks. Guinea Bissau’s $15 million effort supplies 72,000 farmers with resilient seeds, fertilizers, equipment, and vaccines, plus cash transfers to 8,000 households. The $60 million AICCRA project, partnering with CGIAR, reaches nearly three million African farmers (39 percent women) with climate-smart tools, boosting rice yields by 0.9 tons per hectare and incomes by $320 per hectare in Mali. West Africa’s $766 million resilience program, with $345 million more in preparation for Senegal, Sierra Leone, and Togo, advances digital advisories, adaptation, and trade integration.
Additional grants include $150 million for Yemen’s second-phase food security and resilience, $50 million for Tajikistan to counter household and sector vulnerabilities, $125 million for Jordan’s climate-resilient and inclusive agriculture, $300 million for Bolivia’s food security and market access, $315 million for preparedness in Chad, Ghana, and Sierra Leone, $500 million for Egypt’s bread access and nutrition reforms, and $130 million for Tunisia to import wheat and barley and support smallholder seeds amid the Ukraine war impact. Launched in May 2022 with the G7, the Global Alliance for Food Security introduced a public dashboard for coordinated crisis response. A February 2023 joint statement by the FAO, IMF, World Bank Group, WFP, and WTO urges rescuing hunger hotspots, easing trade and private-sector roles, and reforming subsidies, while balancing immediate aid with sustained resilience.
Details on AICCRA rice yields
World Farming Agriculture and Commodity news - Short update 03 November 2025
Droughts are becoming more frequent and severe due to climate change, posing major threats to both crops and natural ecosystems.
In this study, researchers investigated how long-term differences in rainfall shape soil microbes and whether these changes influence how plants respond to future droughts.
They analysed soils from six prairies in Kansas, USA, that experience very different levels of rainfall and identified specific microbes and microbial genes linked to rainfall history. They then tested how these microbial legacies affected the performance of plants during a controlled drought experiment. They found that microbes from drier soils helped a native prairie grass cope better with drought, but they did not provide the same benefit to maize.
Dr Gabriel Castrillo, the group leader from the School of Biosciences at the University of Nottingham explains how the results of this study could help develop climate resistant crops in the future: “Soil microbial communities have the capacity to adapt quickly to environmental shifts, and help plants withstand drought stress. Remarkably, these microbial communities can also "remember" past environmental conditions, a phenomenon known as legacy effects or ecological memory. Understanding these microbial legacies could help us design more resilient agricultural systems and protect ecosystems under future climate stress.”
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