Commodities Focus

From Australian crop prospects and India's planting season to Argentina's export potential and Black Sea shipping disruptions, global wheat markets are entering a critical period. El Niño remains a major weather risk, while ongoing export constraints in the Black Sea continue to affect global supply chains and price relationships.
In this episode, Rohan Somwanshi, managing editor, Global Agriculture News, speaks with Vikneswaran Jeya Kumaran, associate analyst, Cost and Margins; Sampad Nandy, editor, Global Agriculture News; and Vivian Iroanya, senior price reporter, Agriculture & Food, about the biggest risks and opportunities that lie for wheat producers, traders and importers in the months ahead.

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 global demand, feed buyers remain cautious and focused on short-term needs. In this episode, Agriculture Price Reporter Nanditha Kinavoor Madathil, Iara Lima, associate price reporter, agriculture, and Magdalena Michalik, principal analyst, European proteins, discuss the impact of ASF on pork and feed markets, the shifting trade landscape, and what to watch as the sector heads into 2027.

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, flooding, drought, and elevated feed costs, which pressure output and margins. In Peru, warmer seas can push anchovy stocks deeper or farther offshore, curbing catches and fishmeal production. Reduced fishmeal availability raises feed prices, affecting shrimp supply, trade flows, and profitability worldwide.
In the second episode of a four-part podcast series on El Niño and its impact on key agricultural commodities, host Asim Anand is joined by Platts price reporters Elvis John and Mariana Farhat, alongside news editor Sayona Anna John. Together, they discuss how El Niño is affecting shrimp trade and pricing, and how markets are adjusting to the weather disruptions.

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 explores the structural forces reshaping agricultural markets, from tightening global beef supplies and rising biofuel demand to trade tensions between Washington and Beijing and the growing threat of El Niño.
Join Aditya Kondalamahanty, senior editor, agriculture and food, Sampad Nandy, editor, grains and oilseeds, Sayona anna John, editor, protein markets, and Samyak Pandey, senior editor, oilseeds and biofuels markets, as they discuss the intersection of energy policy, weather volatility, and geopolitical conflict with food supply chains, and the implications for consumers, traders and policymakers in the coming year.

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 strong El Nino is spotlighting supply security, price trends, and export flows across Asian rice markets. As demand for rice stays resilient, market participants are closely monitoring the risks from erratic monsoons, reduced water availability, and rising input costs in major producing countries.
In the inaugural episode of a four-part podcast series on El Nino and its impact on key agricultural commodities, host Asim Anand is joined by Platts price reporters Ayushi Baloni and Muskan Aggarwal, alongside CERA Analyst Dipanshi Agarwal. Together, they discuss how El Nino is reshaping rice production, exports, and pricing across Asia.