Global Ag News For March 30.2026

TOP HEADLINES

US Finalizes Higher Biofuels Quota to Boost Domestic Demand

The Trump administration unveiled long-awaited biofuels blending standards, imposing a stronger mandate than a plan proposed last year in a further show of support for producers and American farmers.

The rule requires refiners to mix a record 25.82 billion gallons of biofuels into conventional diesel and gasoline this year, almost 8% higher than was advertised last June, the Environmental Protection Agency said.

Both the oil and agriculture sectors have been anxiously awaiting President Donald Trump’s administration’s finalization of the quotas. Biofuels are seen as key to lifting incomes for farmers struggling with low crop prices and high input costs. Continued deferral of a decision had weighed on demand for the fuel, with crop trader Archer-Daniels-Midland Co. saying last month that the timing of “policy clarity” would largely determine its outlook for 2026.

The war with Iran has boosted calls for increased biofuels use. Advocates say that amid gasoline price spikes, blending more biofuels can help temper costs at the pump. Some small and mid-sized refiners, however, caution that blending biofuels is a big expense for them and it would increase their costs to produce. And analysts have said that energy prices are unlikely to meaningfully subside until the end of the effective closure of the Strait of Hormuz, a crucial waterway for shipments.

Speaking at a White House event Friday to mark National Agriculture Day, Trump called the move a “dramatic update to the renewable fuel standards.”

“These new standards will generate over $10 billion of rural economic benefit, create an estimated 100,000 new jobs and massively increase our nation’s energy supply,” Trump said.

Shares of biofuel producers and crop traders climbed on the news. ADM jumped as much as 2.6%, Bunge Global SA added as much as 4.6% and Green Plains Inc. rose as much as 8.7%.

Some refiners have warned high blending quotas, which increase expenses for the crude processors, will hike diesel and gasoline prices at a time when the war has already spiked costs. Among the concerns, they say, are inadequate current levels of US ethanol production.

American Fuel & Petrochemical Manufacturers President Chet Thompson said the rule will add to costs for consumers.

“It’s baffling, with fuel prices already rising due to the conflict in Iran, that EPA is finalizing a rule that will make things far worse for consumers,” Thompson said in a statement.

For its part, the biofuels industry has said companies will grow production to meet higher demand.

It’s still unknown whether and how the administration will grant more small refineries’ bids to be exempted from quotas for last year. But the issue has created a rift within the oil industry. Large refiners want fewer exemptions to be granted because they have to bear the cost, while small and medium refiners want the exemption process to remain the same.

Under the EPA’s proposal, 70% of exempted volumes would be reallocated to those who didn’t win the breaks.

 

FUTURES & WEATHER

Wheat prices overnight are down 1/4 in SRW, down 4 3/4 in HRW, down 0 in HRS; Corn is up 1; Soybeans up 6 3/4; Soymeal down $1.40; Soyoil up 1.18.

Markets finished last week with wheat prices up 14 1/4 in SRW, up 23 1/2 in HRW, up 1/5 in HRS; Corn is up 2 1/2; Soybeans up 2; Soymeal down $12.20; Soyoil up 2.96.

For the month to date wheat prices are up 13 1/4 in SRW, up 47 1/2 in HRW, up 1/3 in HRS; Corn is up 14 1/2; Soybeans down 4 3/4; Soymeal down $6.60; Soyoil up 6.74.

Year-To-Date nearby futures are up 18.7% in SRW, up 21.8% in HRW, up 12.9% in HRS; Corn is up 4.9%; Soybeans up 13.1%; Soymeal up 6.8%; Soyoil up 42.6%.

Chinese Ag futures (MAY 26) Soybeans down 13 yuan; Soymeal up 4; Soyoil up 22; Palm oil up 138; Corn down 11 — Malaysian Palm is up 141.

Malaysian palm oil prices overnight were up 141 ringgit (+3.04%) at 4772.

There were no changes in registrations. Registration total: 34 SRW Wheat contracts; 93 Oats; 641 Corn; 523 Soybeans; 1,536 Soyoil; 213 Soymeal; 108 HRW Wheat.

Preliminary changes in futures Open Interest as of March 27 were: SRW Wheat down 1,405 contracts, HRW Wheat down 2,482, Corn up 6,554, Soybeans up 1,748, Soymeal up 6,790, Soyoil down 4,856.

 

Northern Plains: It was quiet over the weekend, though temperatures went through some downs and ups. That continues this week as multiple disturbances come through every other day or so. Some showers will move through, and be welcome, but may include some snow. That is especially true with a system on Friday. It will be difficult to get any early fieldwork in this week.

Central/Southern Plains: Temperatures rose quickly over the weekend, but will be all over the board with multiple systems moving through this week. Though multiple rounds of precipitation will go through, they will not hit all areas and are likely to miss the southwest, where drought has quickly been growing over the last couple of months. Northern areas could be in for some accumulating snow on a couple of occasions, and winds will be strong on some days this week as well. Overall, this is a poor week to get any fieldwork done.

Midwest: Temperatures sharply fell late last week, then rose again over the weekend. The up-and-down nature should continue this week with at least three separate disturbances moving through. They will create plenty of opportunity for precipitation, increasing soil moisture for planting, but may make it difficult to get out into the fields this week. Some bursts of colder air should be enough to allow for some accumulating snow over northern areas Wednesday night through Thursday, and again this weekend.

Delta: It was largely dry over the weekend, though a front moved through on Friday. Dryness and drought are a major concern as spring planting increases. A front will move through late this week and another will go through this weekend. Despite chances for widespread showers and thunderstorms, it will not be enough to reduce drought for too many areas.

Brazil: Wet season showers in Brazil became isolated over the weekend and continue to be so this week as well. The region needs more consistent heavy rainfall during the last month of the wet season for a good safrinha corn crop. But the forecasts are not favorable for that. They are more favorable for what remains of the soybean harvest, though.

Argentina: Isolated showers became heavy over southern Brazil this weekend, helping to increase soil moisture as crop conditions have largely stabilized. A slow-moving front will keep showers going for much of the week across the central and south before moving north this weekend. Rain will be somewhat favorable, but only for late-planted crops as the early season corn harvest continues to march on and early-planted soybeans have started to be harvested as well.

Europe: A system brought widespread showers to the southeast over the weekend while another system brought showers into the northwest as well. Yet more showers are moving into the northwest early this week while showers continue around the eastern Mediterranean. Northeastern areas have seen a few showers, but need more. Meanwhile, Spain has been a bit drier, allowing them to recover from heavy rain over the winter. Showers may slow down some early planting activity, but conditions are fairly good for most of the continent.

Black Sea: A system moved into the region over the weekend and will continue scattered showers early this week. More showers are expected late this week from the activity continuing in the Mediterranean. With soil moisture mixed around the region, the showers will be helpful as wheat continues to green up.

Australia: Tropical Cyclone Narelle brought needed heavy rain through western areas over the weekend while eastern areas were dry. Some disturbances will move through this week, but precipitation will be limited and favored over western areas that are preparing for wheat and canola planting. Dryness in the east will favor cotton and sorghum harvest, but more rain is needed in these areas for wheat and canola planting.

China: Scattered showers have been moving through the Yangtze River Valley lately, favoring some canola areas, but many wheat areas on the North China Plain have been drier since the winter. Showers continue to target central and southern China for the next few days, but a system will move through on Friday and Saturday with some needed precipitation for northern areas.

 

The player sheet for 3/27 had funds: net sellers of 0 contracts of SRW wheat, sellers of 17,500 corn, sellers of 12,000 soybeans, sellers of 4,000 soymeal, and sellers of 10,500 soyoil.

TENDERS

• SOYBEAN SALE: The U.S. Department of Agriculture confirmed private sales of 105,000 metric tons of U.S. soybeans for shipment to unknown destinations in the 2025/26 marketing year. 

PENDING TENDERS

• WHEAT TENDER: Jordan’s state grain buyer issued an international tender to buy up to 120,000 metric tons of milling wheat that can be sourced from optional origins, European traders said. The deadline for submission of price offers in the tender is March 31.

 

 

 

TODAY

Bunge, Renewable Fuel Groups Applaud Record US Biofuel Quota

Crop traders and renewable fuel advocates applauded the long-awaited finalization of federal biofuels blending standards Friday, while some oil and gas groups expressed concern about rising costs for consumers.

The rule requires refiners to mix a record 25.82 billion gallons of biofuels into conventional diesel and gasoline this year, almost 8% higher than was advertised last June, the Environmental Protection Agency said.

• Bunge Global SA, the world’s biggest processor of oilseeds, said it appreciated the Trump administration’s recognition of how critical the renewable fuel market is to farmers, processors and rural communities.
  • “Biofuels not only help drive economic growth across rural America, but these ag-based fuels are also essential to strengthening domestic energy security,” a representative for the crop trader said in an emailed statement. “We are proud of the role Bunge plays in this supply chain, and we appreciate the Administration’s action to put the biomass-based diesel and overall biofuels mandate back on a path that supports continued investment and long-term growth in the sector.”
• Crop trader Archer-Daniels-Midland Co. said the blending requirement strengthens the market for US farmers and enhances American energy security.
  • “The RVO announced today increases opportunities for American farmers by driving demand for corn, soy, and other feedstocks; supports a reliable domestic fuel supply chain that offers consumers dependable choices at the pump; and provides market certainty that encourages responsible investment and innovation across the supply chain,” the company said in a statement.
• Kurt Kovarik, vice president of federal affairs at Clean Fuels Alliance America, said the industry is grateful to see the rule finalized.
  • “US biodiesel, renewable diesel, and SAF producers are eager to get to work and bring the 7 billion gallons of existing production capacity up to speed to meet 10% or more of America’s demand for diesel fuel,” Kovarik said in a statement.
• American Fuel & Petrochemical Manufacturers President Chet Thompson said the rule is going to add to costs for consumers.
  • “It’s baffling, with fuel prices already rising due to the conflict in Iran that EPA is finalizing a rule that will make things far worse for consumers,” Thompson said in a statement.
• American Coalition for Ethanol Chief Executive Officer Brian Jennings said it is critical that the blending requirements set by the EPA “fully account” for any exemptions granted to small refineries.
  • “We would encourage EPA to seriously consider higher volumes next year to account for any negative impact from SRE gallons not being fully reallocated and for potential E15 increases,” Jennings said in a statement.
• Scott Metzger, president of the American Soybean Association, called the updated policy a “tremendous rule.”
  • “US soybean farmers needed a win to boost domestic markets this year,” he said in a statement.
  • “The 2026-2027 RVOs will increase soybean oil use, boost U.S. soybean processing, and grow domestic biofuel markets for our crop.”
• National Oilseed Processors Association Chief Executive Officer Devin Mogler said the rule provides certainty for US farmers and processors.
  • “This rule reflects the strengths and capabilities of U.S. farmers and domestic manufacturing, and NOPA is proud to support it,” Mogler said in a statement, adding that it “puts rural communities and domestic manufacturing at the center of U.S. agricultural policy, where they belong.”

 

Trump tells farmers that tractor companies should lower prices

• Trump offers biofuels shift, loans to struggling farmers
• Rising energy prices have clipped agriculture industry
• Deere, other farm machinery stocks lower

President Donald Trump announced new measures on Friday to support U.S. farmers who are reeling from the administration’s trade policies and the Iran war and suggested farm equipment makers cut prices – a call that sent their shares lower.

“I want John Deere and Case and all of – they’re great companies, Caterpillar… I want these companies to give it to you in the form of lower tractor and equipment costs,” Trump told hundreds of farmers and ranchers gathered under drizzle at an event on the South Lawn of the White House.

Deere & Co shares dropped 2% after the statement. Case IH manufacturer CNH Industrial NV fell 1% while Caterpillar Inc was down nearly 1.2% in late-session trading.

In a statement to Reuters, Deere said it will keep working with the Trump administration, lawmakers, producers and other stakeholders to ensure accuracy about its affordability, technology and repair policies, while collaborating with regulators to support farmers and keep U.S. agriculture competitive.

Farm equipment maker AGCO Corp, which had one of its tractors parked on the South Lawn for the event, said it welcomed policies that helped reduce farmer costs and was committed to working with the administration.

CNH Industrial and Caterpillar did not respond to requests for comment.

Trump called for lower prices in an aside during a speech that otherwise focused on shoring up support among the Republican president’s loyal constituency of rural voters, who have backed Trump in all three of the last presidential races.

For the fourth straight year, U.S. crop producers are facing tight margins, high production costs and low commodity prices – and are struggling financially – despite near-record government payments.

The Trump administration is distributing $12 billion in aid to U.S. farmers – a move that farm trade groups and agricultural economists have said is helpful in the short-term but will not fully compensate farmers for financial losses that have topped $30 billion in recent years.

On Friday, Trump said he would seek even more such aid for farmers from Congress. More than 50 farm-interest groups, such as the American Farm Bureau Federation, are urging Congress to approve additional aid in a military funding package.

The event happened as the administration finalized new biofuel blending mandates for U.S. oil refiners, requiring them to mix more of the fuels made from corn and other agricultural products into the nation’s gasoline and diesel than initially proposed, in an apparent win for farmers.

Trump also said the U.S. Small Business Administration would open up new loan guarantees for farmers and food suppliers.

Farmers are entering the critical spring planting season under a cloud of uncertainty as the U.S.-Israeli war with Iran disrupts global trade, causing fertilizer and diesel costs to spike.

The long-term U.S. trade relationship with China also remains unclear amid the ongoing trade war launched by Trump’s administration with the country, the world’s top soy importer.

Rural voters constitute a fifth of the U.S. electorate, and they favored Trump by a two-to-one margin over Democrat Kamala Harris in the 2024 presidential election.

 

Brazil’s Ministry Advises Farmers to Wait to Buy Fertilizer

Farmers should avoid “premature” purchases of fertilizer, after prices surged following the war in the Middle East, Brazil’s Ministry of Agriculture says in a Friday note.

• Brazil is now in the final stages of planting its winter crop, which reduces the immediate need to purchase fertilizer, Agriculture Mnister Carlos Fávaro says
  • NOTE: While Brazil relies heavily on imports for its fertilizer supplies, the planting of the next summer crop isn’t likely to start until September
• The Ministry added it will “adopt the necessary measures to preserve the competitiveness of Brazilian agriculture and ensure adequate conditions for planning the next harvest”

 

Brazil’s soy harvest nears 73%, yet still behind last year, Patria AgroNegocios says

Farmers in Brazil harvested 72.99% of the expected 2025/26 soybean area, below the 81.31% seen at this time last year, but near the five-year average of 73.95%, consultancy firm Patria AgroNegocios said on Friday.

• Rain continued to fall in parts of the country throughout the week as it entered the harvest’s final stage, Patria said.
• But the amount of rainfall is expected to decrease in the coming days, allowing fieldwork to proceed more smoothly, it added.
• Mato Grosso state continues to lead the country on pace, having harvested 99.3% of its estimated area.
• Brazil is the world’s largest producer of soy.

 

Russia Starts Spring Sowing Season, Plans to Expand Planted Area

Russian Agriculture Ministry says crops have been planted over more than 1.2m hectares, a pace nearly 1.5 times faster than last year’s.

• A total of 23 regions have begun spring sowing and this year’s planted area is to exceed last year’s, reaching about 83.1m hectares
  • About 56m hectares to be planted with spring crops
  • The area planted with wheat, barley, corn, buckwheat and major oilseeds is expected to increase
  • Winter crops have been planted on nearly 20m hectares, more than 97% of the crops are in a good or satisfactory condition

 

Russia says 97% of winter crops are in good or satisfactory condition

More than 97% of Russia’s winter crops are in good or satisfactory condition, the agriculture ministry said on Friday.

 

Argentina allows up to 15% ethanol blend into gasoline after oil shock

Argentina’s government said on Friday it will allow local firms to voluntarily blend up to 15% ethanol into gasoline, in a bid to curb the impact from higher oil prices on local fuel costs.

“The measure aims to give the industry greater flexibility and to cushion any potential increases in pump fuel prices, protecting consumers,” the Energy Secretariat said in a statement.

Gasoline prices in the South American country rose more than 18% in March, according to analyst estimates, driven by the U.S.-Israel war on Iran and have climbed more than 60% year‑on‑year.

Argentina’s Energy Secretariat, which reports to the Ministry of Economy, increased the maximum permitted oxygen content in fuel to 5.6%, giving refiners flexibility to add more ethanol and use less gasoline in their fuel blends to help reduce overall costs.

It said that the resolution does not impose new requirements on refiners, or modify the mandatory bioethanol blend. It also does not introduce changes to the current biodiesel regime, that already allow blends of up to 20%.

 

US refining group says record biofuel quotas may worsen Iran war price spike

• As fuel prices rise, refiners criticize biofuel quotas
• Farmers support biofuel quotas for economic benefits
• EPA sets record biofuel blending requirements for 2026 and 2027

The Trump administration ordered U.S. refiners on Friday to blend a record amount of biofuels into their gasoline and diesel this year and next, a move intended to help farmers but that the refining industry said would only backfire by raising pump prices already spiking due to the war in Iran.

The rebuke from the U.S. refining industry revealed a rare public rift between President Donald Trump’s White House and oil companies that have traditionally backed his efforts to bolster the fossil-fuel energy sector.

“It’s baffling, with fuel prices already rising due to the conflict in Iran, that EPA is finalizing a rule that will make things far worse for consumers,” said Chet Thompson, president and CEO of the American Fuel & Petrochemical Manufacturers.

“This is not what energy dominance looks like.”

Trump is seeking to consolidate support among the important agriculture and energy constituencies ahead of the November midterm elections while battling consumer inflation, most visible at the gasoline pump. Since the outset of the Iran war, average retail U.S. gasoline prices have risen to nearly $4 a gallon nationwide.

 

Indonesia to Boost Biofuels to Secure Energy Supply: Prabowo

Indonesia President Prabowo Subianto said the nation is determined to secure renewable and green energy amid global uncertainty.

• We are going in “a big way” into biofuels, Prabowo said during a business forum in Tokyo, according to a Metro TV broadcast
  • “We will produce this year diesel oil from palm oil and now we are increasing from 40% to 50% of our diesel from palm oil”
• The country will also produce ethanol from cassava, sugarcane and corn, to be mixed with gasoline
• Government is considering all forms of clean and renewable energy, as well as turning toward electric vehicles

 

CORN/CEPEA: Index declines for five days in a row; prices rise in other regions

Cepea, 27 – Corn prices have declined for five consecutive days in Campinas (SP). Buyers have refrained from closing deals and/or are offering lower prices than sellers, due to ample corn availability in the spot market, which is linked to the progress of the summer crop harvest.

Between March 19 and 26, the ESALQ/BM&FBovespa Index for corn prices declined by 1.8%, to close at BRL 70.33 per 60-kg bag on March 26. The average in March (up to March 26) is at BRL 70.98/bag, 20.3% less than in March/25, in nominal terms. It is worth noting that the Index has still increased by 1.2% in the accumulated of this month (between February 27 and March 26).

On the other hand, producers in other regions were firm regarding quotations because of uncertainties regarding freight. For instance, values rose 1.5% and 2.3% from March 19-26, respectively, in the west of Paraná and in Rio Verde (Goiás), to close at BRL 63.24/bag and BRL 60.86/bag.

On the average of the regions surveyed by Cepea, corn values moved up 0.4% in the wholesale market (deals between processors) and 1.4% in the over-the-counter market (paid to farmers) from March 19-26.

CROPS – Planting activities of the second crop hit 91.6% of the area in Brazil up to March 21, while the summer crop harvest reached 38% of the total – data from Conab.

EXPORTS – Brazil shipped 784.2 thousand tons of corn in the first 15 producing days of March, accounting for 90% of that exported in March/25.

 

SOYBEAN/CEPEA: Rising oil prices boost soybeans

Cepea, 27 – Soybean oil prices have risen on expectations of strong biodiesel demand and uncertainties in the global fuel supply (driven by tensions in the Middle East and rising oil prices). This scenario has boosted soybean prices. Still, crushing margins in Brazil and abroad have increased this week.

The May/26 contract at CME Group upped 4% between March 19 and 26, and this scenario pushed up FOB soybean oil prices in Brazil.

The Brazilian value of soy oil increased by 3% from March 19-26, averaging BRL 6,907.49 per ton (in São Paulo city with 12% ICMS) on March 26. It is worth noting that the price average hit BRL 6,953.38/ton on March 24, the highest since December 1st, 2025.

SOYBEAN AND SOY MEAL – The CEPEA/ESALQ Index (Paraná) rose by 1.1% from March 19-26, to close at BRL 123.92 per 60-kg bag on March 26. The CEPEA/ESALQ Index (Paranaguá) increased 0.8% in the same comparison, closing at BRL 130.37 per 60-kg bag. On the average of the regions surveyed by Cepea, soybean prices moved up 1.5% in the wholesale market (deals between processors) and 1.2% in the over-the-counter market (paid to farmers).

The demand for soybean meal has been firm this week. On the average of the regions surveyed by Cepea, prices for soybean meal upped 1.2% from March 19-26.

 

Corn ethanol maker Inpasa starts operations at new Brazil plant

Corn ethanol producer Inpasa said on Friday it has started operations at its new plant in Brazil’s Bahia state, where it expects to produce some 470 million liters of biofuel each year.

“From today, the plant is up and running and we’re starting to have supply more or less immediately,” Gustavo Mariano, the company’s vice president of trading, said in an interview.

Corn ethanol output has exploded in Brazil in recent years, making impressive gains on an industry long controlled by sugarcane growers.

Producers like Inpasa – which has plants in Paraguay and Brazil – have expanded at a rapid pace.

The start of operations at the plant in the municipality of Luis Eduardo Magalhaes comes as oil prices soar due to war in the Middle East, which began at the end of February when the U.S. and Israel launched attacks against Iran.

Brazilian state-run oil company Petrobras on Thursday said it would increase supplies of diesel and gasoline to customers in April amid fears of supply risks.

Brazil’s government currently mandates that gasoline across the country must be blended with 30% ethanol, while millions of vehicles are equipped with engines that are also capable of running on just ethanol.

The plant will ramp up from zero to full capacity in a period of around three days, allowing new ethanol supplies to quickly enter the market, Mariano said.

“This is an opportune moment … for us to be able to contribute to the market, to the consumer, to the supply of distributors, bringing this new capacity at a time of greater need,” Mariano said.

Building the plant took 1.3 billion reais ($247.6 million) of investments, according to Inpasa and takes the number of sites currently operated by the company to eight.

As well as ethanol, the plant will produce 245,000 metric tons of DDGS, a corn ethanol byproduct used in animal feed.

Inpasa expects two other ethanol plants to come online later this year, one each in the states of Goias and Mato Grosso.

 

China to Closely Monitor Hog Market Price Trends: Radio

China’s Ministry of Agriculture and Rural Affairs and other departments will closely monitor hog market supply and demand and price trends, and will increase the frequency of early warnings, China National Radio reports.

• Will study lowering the normal retention target for breeding sows
• To implement production registration management for large-scale pig enterprises
• Continue to enhance control of hog production capacity, and promptly carry out reserve adjustments

 

Brazil exporters reroute beef, chicken shipments to blunt Iran war impact

Brazilian beef and chicken exporters expect only limited disruption from the Iran war, even as the near-closure of the Strait of Hormuz forces companies to reroute shipments and absorb higher costs to keep supplies moving.

The conflict has raised risks for two of Brazil’s biggest meat export businesses, especially poultry, which is heavily exposed to the Middle East. But exporters said they were finding alternative sea and land routes to serve buyers in the region, while strong demand elsewhere was helping cushion the impact on beef trade.

Chicken exporters said shipments were still flowing to key Middle East markets despite the logistical upheaval. Industry group ABPA President Ricardo Santin told Reuters that March exports were on track to exceed the 476,000 metric tons shipped in the same month last year.

To keep cargo moving, exporters have rerouted shipments through the Red Sea and Suez Canal and used alternative ports and overland trucking to reach buyers in Iraq, Qatar, the United Arab Emirates and elsewhere in the region, Santin said.

“Those are alternatives that take longer and are more costly,” he said, adding that higher fuel, storage, transport and war-risk costs were being shared in part with importers seeking to maintain inventories.

The Middle East accounted for about 30% of Brazil’s chicken exports in 2025, according to Datagro, making poultry one of the Brazilian farm sectors most exposed to the conflict. Even so, Santin said there were no signs of excess supply building up in the domestic market.

Beef exporters also said the war had so far had only a limited effect, although industry group Abrafrigo warned on Friday that a broader conflict could further raise logistics costs.

At the same time, the sector is also adjusting to China’s safeguard measures on beef imports, which limit Brazil’s access to a 1.1-million-ton quota subject to a lower tariff; volumes above that face a steeper 55% duty.

Abrafrigo said Brazil, the world’s largest beef exporter, had been redirecting shipments to markets including the U.S., the European Union, Chile and Russia, while tighter global cattle supplies were also supporting demand.

In the first two months of 2026, Brazil’s exports of fresh and processed beef, including offal and other byproducts, rose 39% in value to $2.865 billion, while volumes increased 22% to 557,240 tons, Abrafrigo said.

 

India extends pause on futures trading in key farm commodities until March 2027

Reuters News

27 Mar 2026 10:25:00 AM

A woman walks past the Securities and Exchange Board of India (SEBI) headquarters in Mumbai, India, September 12, 2025.

Francis Mascarenhas

March 27 (Reuters) – India’s market regulator extended the suspension of derivatives trading in seven key agricultural commodities to March-end next year to rein in prices.

The Securities and Exchange Board of India (SEBI) said in a directive issued on Friday, that futures and options trading in paddy (non-basmati), wheat, chana, mustard seeds and their complex, soybean and its complex, crude palm oil and moong would remain suspended.

SEBI had initially issued the directive on December 19, 2021, for a period of one year, as rising prices of several staple crops fuelled inflation concerns.

It subsequently extended the suspension of these contracts in December 2023, December 2024, January 2025, and March 2025.

 

Tampa Ammonia Price Rises 26%

U.S. ammonia prices, represented by spot prices for Tampa CFR Ammonia, rose 26% to $775 per metric ton in the week ended March 27, 2026, according to Green Markets data compiled by Bloomberg Intelligence.

• Tampa Ammonia rose 24% during the last month and was up 19.2% during the last 3 months
• All major Ammonia nitrogen benchmark prices rose while Tampa Ammonia rose the most during the last week
• Shares of Nutrien Ltd., CF Industries Holdings Inc. and Yara International ASA were up in the latest week
• Major Urea nitrogen benchmark prices were mixed
• All major UAN nitrogen benchmark prices rose while UAN Black Sea rose the most during the last week
• Natural gas, which drives producer costs, has decreased 1.9% during the last week and was up 4.3% during the last month
• The price of corn, a driver of fertilizer purchases, was flat during the last week and was up 3.8% during the last month

 

US Poultry Slaughter Rose 5.3% Y/y in February: USDA

Slaughter rose to 5.59 billion pounds, according to the USDA’s monthly poultry slaughter report released on the agency’s website.

• Chicken live weight rose 4.7% in February from year ago
• Chickens condemned post-mortem up 5.9% y/y
  • Condemned ante-mortem down 4.9% y/y

 

 

 

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