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- China buys 875,300 tonnes of US soybeans before Trump-Xi summit China bought 875,300 tonnes of US soybeans in the week ended 10 September, US Department of Agriculture export sales data showed. China's state grain reserve manager Sinograin will auction 543,000 tonnes of soybeans on 22 September, two days before President Donald Trump hosts Xi Jinping in Washington. Chicago November soybean futures fell more than 16 cents on 18 September to $13.035 a bushel as traders sold to lock in gains during harvest. Unshipped sales to China
- Exporters group expects India rice output to fall 6.5%, the biggest drop since 2009/10 India's rice output could fall around 10 million tonnes, nearly 6.5% below last year's record 154 million tonnes, the Rice Exporters Association said. Association president B.V. Krishna Rao said a prolonged dry spell cut yield potential in southern and eastern states, Reuters reported. Indian export prices hit a one-year high, while monsoon rainfall was 15% below normal from June 1, with deficits reaching 42% in some rice-growing states,
- UK regulator sets 11 November deadline on McCormick-Unilever foods deal The UK Competition and Markets Authority opened a Phase I review on 16 September of McCormick's planned purchase of most of Unilever's food business. The deal values Unilever's food business at $44.8 billion and would create a combined company worth roughly $65 billion, Reuters reported. The regulator must decide by 11 November whether to open a fuller Phase II investigation. The deal would combine Knorr and Hellmann's with McCormick's Schwartz, French's and
- Senate panel revotes farm bill after 10-11 August defeat The US Senate Agriculture Committee meets 16 September to advance the Agricultural Act of 2026, which would permanently authorize year-round sales of E15, a 15% ethanol blend. The current farm bill extension expires 30 September, Hoosier Ag Today reported. An earlier markup failed 10-11 on 6 August, with Democrats objecting to a one-year delay in state cost-sharing under the Supplemental Nutrition Assistance Program. Senator Mitch McConnell's return from a three-month absence
- Bird flu hits French ducks despite vaccination as US culls mount French authorities are culling more than 7,600 Mulard ducks after H5N1 was confirmed at a duck farm in Longué-Jumelles, western France, Poultry News reported. France has required preventive vaccination of commercial production ducks since 2023. Airfinity said the culled ducks had received only their first dose. US egg prices rose 2.9% month over month in August, the Bureau of Labor Statistics reported, while USAFacts put them 23.0% below August 2025. USDA data cited by
- US diesel hits record $6.06 a gallon at harvest The U.S. average diesel price hit a record $6.06 a gallon on Friday, the American Automobile Association reported, as the corn and soybean harvest begins. Brent crude traded above $105 a barrel on Friday, versus roughly $70 before the war with Iran. Fertilizer costs are adding to the same harvest cost pressure. Nutrien reported its average nitrogen selling price rose 14% year over year to $416 per ton in the first half of 2026. U.S. Department of Agriculture Deputy Secretary
- What we're watching in agrifood markets this week: Brazil's final crop survey of the season, a US Federal Reserve decision markets have all but priced as a hike, a Bank of Japan meeting, and another cut to Panama Canal transits. Tuesday, September 15: Conab, Brazil's official crop agency, publishes its updated outlook for Brazilian soybean and corn production. The numbers refine South American supply estimates just as Northern Hemisphere harvest gets underway and South American planting begins. Tuesday, September 15: The Panama Canal
- EU average raw milk price rises to 42.22 euro cents per kilo The European Union's average raw milk price reached 42.22 euro cents per kilogram in August 2026, up 0.40% from July but 20.64% below a year earlier, according to preliminary European Commission data reported by Ukrainian outlet agronews.ua. The increase followed heatwaves, drought and weaker feed conditions across major producing regions. The UN Food and Agriculture Organization said its dairy price index averaged 119.2 points in August, up 2.3% in the first rise in
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