Global wheat markets on edge as war, weather, and fertilizer shocks drive new rally

Global wheat markets on edge as war, weather, and fertilizer shocks drive new rally

Global wheat prices have been rising since the Middle East war began in late February. Geopolitical tensions, higher fertilizer costs, and mounting weather risks in North America, and a potential El Niño in Australia are all in focus. At the same time, Black Sea new-crop wheat is competing with Australian origin in Asia, while strong crop prospects in the Middle East and North Africa are reshaping expectations for trade flows and demand.

Join Maham Quadri, associate price reporter, North America, Vivien Tang, senior price reporter covering APAC, and Vivian Iroanya, senior price reporter for Europe, Middle East & Africa, as they talk to Pierre Cera-Huelva, global wheat analyst and head of EU crops research, to discuss how demand and trade flows will adjust in the months ahead.

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African swine fever: Spain's pork sector faces trade and animal feed challenges

African swine fever: Spain's pork sector faces trade and animal feed challenges

African swine fever is adding fresh uncertainty to Spain's pork market, reshaping trade flows and influencing feed buying decisions. As exporters navigate disease-related restrictions and changing glo...

9 Loka 15min

El Niño and agriculture: Shrimp markets face uncertainty over crop quality, feed prices

El Niño and agriculture: Shrimp markets face uncertainty over crop quality, feed prices

The ongoing El Niño is reshaping global seafood markets by warming Pacific waters and disrupting rainfall, currents, and nutrient flows. Shrimp producers face disease risks, salinity fluctuations, flo...

22 Syys 20min

Why food inflation is no longer just about supply and demand

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The next phase of food inflation may be determined as much by energy policy and geopolitics as by crop yields. In this episode of Platts Commodities Focus podcast, the S&P Global Energy news team expl...

17 Syys 22min

El Nino and agriculture: How are Asian rice markets navigating the weather risks?

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The National Oceanic and Atmospheric Administration has forecast high chances of El Nino developing in 2026, potentially disrupting weather patterns worldwide. Renewed weather volatility driven by a s...

24 Heinä 22min

Asian LNG under pressure: what comes next for prices amid the Middle East conflict?

Asian LNG under pressure: what comes next for prices amid the Middle East conflict?

Asian LNG markets are facing renewed pressure as the US–Iran conflict raises concerns over supply security and shipping through the Strait of Hormuz. With the initial price shock now absorbed, the foc...

20 Heinä 15min

From Hormuz to Gulf ports: tracing a logistics shock through the poultry trade

From Hormuz to Gulf ports: tracing a logistics shock through the poultry trade

The Middle East imports the majority of the chicken it consumes, with Brazil the dominant origin and most cargo routed through the Strait of Hormuz to Gulf ports. When that route was effectively disru...

14 Heinä 17min

India's carbon market: from design to implementation

India's carbon market: from design to implementation

India's emerging compliance carbon market under the Carbon Credit Trading Scheme (CCTS) is moving into its early implementation phase, with an intensity-based design that sets operational-level obliga...

13 Heinä 18min

India's corporate renewable sourcing: Are IRECs losing ground to VPPAs amid growing demand?

India's corporate renewable sourcing: Are IRECs losing ground to VPPAs amid growing demand?

India's corporate renewable energy market is entering a new phase. While International Renewable Energy Certificates still lead the way for buyers seeking flexibility, simplicity, and cost-effective c...

17 Kesä 16min

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