Commodity & Trade Updates

FAO warns that ongoing disruptions in the Strait of Hormuz due to the Middle East crisis are causing global fertilizer shortages, threatening lower crop yields and tighter food supplies through late 2026 and into 2027.

The announcement marks a significant strategic pivot for a country whose bread subsidy system underpins social stability for tens of millions of citizens.

As the market kneads its way toward that US$963.7 billion mark, the future looks remarkably bright for anything baked in an oven.

The new centre in Pilibhit will support farmer training, crop research, and AI-based rice surveys across India’s Basmati sector.

The government updates pricing, seed supply, and farmer payments as it prepares for harvest collection.