Tunisia's state grains agency has purchased around 125,000 tonnes of soft wheat at $311.72–314.23/tonne C&F for October–December shipment, setting a clear pricing floor for Mediterranean destinations and limiting near-term downside for Black Sea and EU export origins.
Flour Mills of Nigeria Plc (FMN Group) has appointed Akbar Ali Shah as its new Managing Director. Shah brings over two decades of FMCG experience, including senior leadership at Reckitt's Sub-Saharan African business, and will oversee grain milling, food processing, and feed milling operations as the group continues to expand across Nigeria's food and agro-industrial value chains.
Ukraine's sunflower harvest is forecast to recover to around 14 million tonnes in 2026, roughly 20% above last year, on improved yields in eastern and southern regions. While the larger crop stabilises raw-material availability for crushers, the effect on hulled kernel supply and prices is expected to be more limited, with bakery kernels holding sideways near 0.90–0.93 EUR/kg FCA.
Ukraine's Cabinet of Ministers Resolution No. 675 introduces mandatory producer-register verification for rapeseed exporters from 1 July 2026 and soybean exporters from 1 September 2026, replacing chamber-of-commerce certificates as the basis for export-duty exemptions. The change raises working-capital and administrative costs for traders and is already contributing to a modest convergence of Ukrainian rapeseed prices toward EU benchmarks.
Chicago corn futures rose on 21 September 2026, driven by trader positioning ahead of US–China talks that could unlock new Chinese grain purchases and by persistent Black Sea supply uncertainties. Gains were broad-based but moderate, with the market still awaiting concrete outcomes from the summit.
Combined soybean meal exports from Argentina, Brazil and the United States reached a record 73 million tonnes in 2025/26, reinforcing ample feed-ingredient availability and limiting price rallies across the soybean complex, according to CMB News.
Argentina's 2026/27 wheat output is forecast to fall sharply from the previous season's record, while war-related disruptions continue to constrain Black Sea exports. Together, the two developments are tightening global high-quality wheat availability and pushing Chicago futures to a multi-year high, raising import costs for buyers in North Africa, the Middle East and Asia.
German feed corn prices remain steady at 0.295 EUR/kg EXW Drentwede amid a drought-reduced domestic harvest, while Ukrainian export corn at Odesa has softened to 0.157–0.159 EUR/kg on CPT and FOB terms, widening the spread between the two origins and keeping EU feed buyers well supplied from Black Sea sources despite ongoing logistics risks.
Pakistan's Trading Corporation of Pakistan (TCP) has tendered for 750,000 tonnes of 2026-crop milling wheat on CFR Karachi/Gwadar terms at around USD 320–325 per tonne, but the high landed cost of imports — compounded by freight, port charges, and currency weakness — is expected to support rather than ease domestic wheat prices. Global benchmark prices from Ukraine, the EU, and the US have softened modestly in September, but analysts note Pakistan's firmness is driven by internal cost and currency dynamics rather than global supply tightness.
Chicago December wheat futures settled lower on September 21, 2026, but a combination of solid US export sales and persistent Black Sea supply disruption risks is preventing a deeper price correction, according to CMB News.
International corn markets are navigating a tug-of-war between a projected record 66 million tonne Argentine maize harvest for 2026/27 and near-term European Union supply tightness driven by Ukrainian logistics bottlenecks. CBOT futures softened on profit-taking ahead of a U.S.–China summit, while Euronext corn held firm on constrained Black Sea inflows and elevated EU import demand.
Forecast rainfall across the central and southern Plains is expected to improve seedbed conditions for 2027 hard red winter wheat planting, while the Corn Belt faces a divided harvest picture: drier conditions offer eastern growers a harvest window, but renewed moisture across Nebraska, Iowa and Minnesota threatens further delays in the west.