The direct impacts of the conflict in the Middle East on global pork markets are limited, but indirect risks continue to build across costs, trade, and supply chains.
Australian agricultural land values held firm in 2025, with median prices rising modestly by 0.4% following a pullback the previous year. Three RBA rate cuts helped support market stability, particularly later in the year, while strong livestock prices underpinned gains in grazing land. In contrast, arable land values declined as lower crop prices and high input costs squeezed margins.Looking ahead, RaboResearch expects the shift to moderated growth to continue. Land values are forecast to rise by around 2% in 2026 under the base case, well below the long-term average. Elevated fertiliser and fuel costs linked to ongoing geopolitical tensions, alongside the prospect of higher interest rates, are expected to constrain margins and dampen sales activity, limiting upside for land prices.
Since the war in Iran began, fertilizer prices have been climbing steadily. US Gulf urea prices alone are up around 40% since the start of the conflict and nearly 80% year‑to‑date, putting intense pressure on farm economics. In several regions, farmer margins are now razor‑thin – or outright negative – raising the risk of reduced fertilizer use and significant cuts in planted wheat area ahead of the upcoming Southern Hemisphere wheat planting season. Join Carlos Mera and Sam Taylor as they discuss how the conflict in the Middle East and the effective double blockade of the Strait of Hormuz are reshaping fertilizer markets and key crops – and what that could mean for global agricultural production and food prices.
Global mushroom production and consumption remain relatively stable, though there are notable differences between countries and mushroom types. China's production and growth rate for a diverse range of mushrooms are unprecedented, while production of common button (Agaricus) mushrooms is declining in the Netherlands, the US, and Australia.Mushroom cultivation is consolidating into fewer - but larger - operations to improve quality, consistency, and cost efficiency.
Automation, especially robotic harvesting, is advancing rapidly due to labor shortages and cost pressures, with technology readiness levels nearing commercial viability.Sustainability requirements are also driving the shift toward larger-scale companies. A key sustainability concern in the mushroom industry involves the peat used in casing soil for cultivated Agaricus mushrooms. Life-cycle assessments could enable growers and suppliers to anticipate changes in cultivation methods and adapt accordingly.As the mushroom industry faces a stagnant market, stricter sustainability requirements, and labor challenges, it is transitioning toward greater consolidation with more vertical integration and automation. Increased collaboration across the sector could help to encourage consumption and speed up sustainability efforts.

With the imposition of beef import quotas at the beginning of 2026, China was set to redistribute global beef trade. Angus Gidley-Baird speaks with Chenjun Pan about the impacts this quota may have on China and the current state of the Chinese beef market.
France has reported outbreaks of bird flu on two farms in the southwest, Reuters reported, citing the World Organisation for Animal Health on Thursday, just days after the country eased restrictions linked to the disease.The global spread of highly pathogenic avian influenza has alarmed governments and poultry producers after devastating flocks in recent years, disrupting supplies, driving up food prices and raising the risk of human transmission.The H5N1 virus was detected in chickens and vaccinated ducks, causing the death of 270 birds out of a total 5,062, the Paris-based WOAH said, citing reports from French authorities. The remaining birds were subsequently culled as a precaution.Last week, France had lowered its bird flu risk assessment, citing improvements in the situation among farms and wild birds.France has been among the countries hardest hit by bird flu and began vaccinating ducks in 2023. While the vaccine reduces the risk of transmission, it does not completely prevent infection.Bird flu is a seasonal disease that typically appears in the fall with migratory birds, and decreases in the spring.
Cargill will invest $150 million to upgrade its French sunflower seed processing plant in Saint-Nazaire as it aims to meet a rise in demand for high-protein meal for animal feed, Reuters reported, citing the US agriculture group on Wednesday. The investment will reduce reliance on imports, while a new biomass boiler is expected to cut the plant's natural gas use, it said.
World Farming Agriculture and Commodity news -27th April 2025
A new study has found high levels of antibiotic resistance in bacteria (E. coli) on poultry farms in central Malawi, affecting humans, animals, and the environment.Resistance to the commonly used antibiotic cotrimoxazole was particularly high across all three areas, suggesting that resistance is spreading between people, poultry, and the surrounding environment. In contrast, resistance to ceftriaxone — a critical drug used in hospitals for serious infections — remained relatively low.The study, conducted by researchers from the Roslin Institute in collaboration with the Fleming Fund, linked higher resistance to certain farming practices, such as using commercial feed, keeping chickens in enclosed spaces, and frequent antibiotic use. Some farmers were also found to be giving human antibiotics to their poultry.The researchers emphasise the need for a One Health approach — integrating human, animal, and environmental health — to tackle antibiotic resistance effectively.The findings have been shared with Malawi’s Ministry of Health, and the team will now work on translating the results into practical actions, including better monitoring, updated guidelines, and promoting responsible antibiotic use in the poultry sector.

.Syngenta has launched a new herbicide called Virestina, which it describes as a significant step forward in the battle against herbicide-resistant grass weeds.The product, containing the active ingredient metproxybicyclone, is being introduced first in Argentina this year and is planned for future release in Brazil, Australia, the United States, and Canada. It is currently labelled for use in crops such as soybeans.Virestina belongs to Group 1 herbicides (ACCase inhibitors) but represents a new chemical class within the group. According to Syngenta, it can overcome both target-site and metabolic resistance mechanisms that have made many existing Group 1 herbicides ineffective against weeds such as wild oats.While the herbicide shows promise, independent weed scientists note that publicly available data is still limited, particularly regarding its performance on common Canadian weeds like wild oats and its selectivity in cereal crops.The product is expected to be a valuable tool for broadleaf crops, but its registration in Canada is not anticipated until the early 2030s.
South Africa
The Crop Estimates Committee (CEC) released the intentions to plant winter crops for the 2026/27 production season. Farmers intend to plant 837 475 hectares (ha) of winter crops, a year-on-year (y/y) decrease of 1%. Wheat plantings are estimated at 486 400 ha, down by 6% y/y, barley is at 101 900 ha (up 5.1% y/y), canola area is at 189 175 ha (up by 8.4% y/y), and oats are at 39 000 ha (up by 9.8% y/y). South Africa’s 2025/26 wheat production season has concluded, but there are some tail-end deliveries to the silos that are still happening before the 2025/26 marketing year (MY) closes on 30 September 2026. In the first 28 weeks of the 2025/26 MY, farmers delivered around 1.79 million tons of wheat to commercial silos. This represents 95% of the season’s predicted crop of 1.89 million tons, down by 2% y/y. According to the El Niño Southern Oscillation (ENSO) Diagnostic Discussion Panel Report of April 2026, ENSO-neutral conditions currently prevail and are forecast to persist until May 2026 at 80% chance. From June 2026, El Niño is likely to emerge at 61% chance and intensify until year end, peaking in November 2026 (93%) and then receding slightly in December 2026 (92%). This intensification of El Niño towards year-end unfortunately coincides with the summer field crop production season of Southern African countries. El Niño is generally associated with below-average rainfall in most parts of sub-Saharan Africa, except East Africa, where above average rainfall can generally be expected.
This week, the rand averaged R16.47/US$, weaker by 0.4% w/w, but stronger by 11.9% y/y. The rand weakened from the persisting Middle East tensions and concern about conflict. • This week, the Brent crude oil price averaged US$98.12/barrel, up by 1.6% w/w and by 31 y/y. Oil prices remain elevated under the fragile ceasefire. This week, oil prices surged and are likely to remain high for the rest of this month. However, the effect has somewhat been counteracted by the rand which has been appreciating, and is expected it to remain stable for the remainder of this month. As such, local fuel prices are predicted to increase as follows on 06 May 2026: petrol (95 unleaded) by 218c/l; diesel 500 ppm and 50 ppm by 495c/l and 491c/l, respectively.
This week, the yellow maize price averaged R3 350/ton, up by 2.8% w/w and by 23% y/y. The white maize price averaged R3 217/ton, up by 2.6% w/w, but down by 30% y/y. A weaker rand supported prices. The domestic maize market is currently trading under pressure due to elevated global and domestic stock level outlooks. • In week-51 of the domestic 2025/26 MY, 16.168 million tons of white and yellow maize had cumulatively been delivered. In the same week, cumulative exports of white and yellow maize reached a combined 1.95 million tons. • The top three export destinations of white maize were Zimbabwe (456 547 tons), Botswana (221 860 tons), and Namibia (133 547 tons). The top three destinations of yellow maize were Zimbabwe (294 154), Vietnam (109 120 tons), and Eswatini (106 657 tons)
The soya bean price averaged R6 809/ton, down by 0.7% w/w and by 10% y/y. The sunflower seed price averaged R8 653/ton, up by 0.2% w/w, but down by 2% y/y. • Domestic oilseed markets traded mixed. However, they continue to enjoy relatively strong underlying support from robust global demand from the biofuel sector. • Cumulative domestic oilseed deliveries by week-07 of the 2026/27 MY stood at 347 852 tons of soya beans and 252 028 tons of sunflower seed.
The wheat price averaged R5 626/ton, up by 0.4% w/w, driven by rand weakness, but it was down by 12% y/y. Global wheat markets remain relatively subdued due to ample global supply levels. • In week-29 of MY 2025/26, cumulative deliveries were at 1.802 million tons. • In the same week, cumulative wheat imports stood at 1.053 million tons, with 211 938 tons coming from Poland, 192 556 tons from Lithuania, and 159 706 tons from Australia.

Commodities Top Performers

The views and opinions expressed in this program are those of the writers and do not necessarily reflect the views or positions of any entities they represent. The information contained in this website is for general information purposes only. The information is provided by CRA and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
