ANALYSIS: US Harvest Pace Slows, Winter Wheat Seeding Lags as Storm Remnants Soak the Plains

US farmers hit a speed bump last week after weeks of running ahead of schedule, as the USDA's latest Crop Progress report showed corn and soybean harvest advancing more slowly than the prior pace amid widespread Midwest rainfall. Corn harvest reached 18% complete nationally as of September 27, matching the five-year average, while soybean harvest stood at 17%, also in line with historical norms. Crop conditions told a more cautious story: 57% of corn was rated good to excellent, unchanged from the previous...

Japan-Australia Meeting Strengthens Region's Food Security

Australia continues to strengthen its relationship with Japan, helping to unlock more export opportunities for Australian farmers and producers and supporting strong agricultural supply chains.

Department of Agriculture, Fisheries and Forestry First Assistant Secretary for Trade and International Dr Jared Greenville delivered an opening message on behalf of Minister for Agriculture, Fisheries and Forestry Julie Collins, alongside Japan’s Minister of Agriculture, Forestry and Fisheries Norikazu Suzuki, at the inaugural Japan-Australia Food Security Talks.

Japan is a valued partner and Australia’s third largest export market for...

Middle East Market Intelligence Brief: Week Ending August 7, 2026

President Donald Trump’s war with Iran has reached its sixth month, lasting far longer than the weeks-long conflict he initially predicted. A combination of diplomatic efforts and renewed military threats this week has highlighted the limited options before the White House as it looks for a way to end the war.

The administration now faces a decision: continue escalating pressure on Iran or pursue negotiations aimed at reaching a resolution...

Schouten Europe Buys Bobeldijk, Expanding Private-Label Plant Proteins

On June 24, the team at Schouten Europe announced the acquisition of Bobeldijk Food Group, a move that increases production capacity and broadens its reach in Europe’s plant-based meat and fish alternatives market, according to a press release.

For example, Bobeldijk Food Group sells meat alternative products like “Vegan Nuggets.” At the same time, Schouten sells private label retail products like “Vegan Fillets” using ingredients like vegetable oils, soy and wheat proteins, bamboo fibre, vinegar, onion, pea starch, salt, spices, and more.

Middle East Market Intelligence Brief: Week Ending June 5, 2026

As the Iran war heads into its fourth month, Hezbollah rejected a US-brokered ceasefire proposal in Lebanon, while Israel said it would continue operations and not withdraw troops, despite Trump’s claims of progress toward a wider regional peace effort involving Iran.

Meanwhile, fighting and strikes continue across Lebanon, Gaza, and the Gulf region, with tensions persisting around key energy routes like the Strait of Hormuz.

Below is Expana’s weekly summary of the war’s most significant effects on global commodities. For the latest real-time updates, follow the Middle East Conflict tag...

USDA Launches TRUMP Mission to Argentina and Ecuador to Expand Market Access for American Farmers

The U.S. Department of Agriculture launched a Trade Reciprocity for U.S. Manufacturers and Producers (TRUMP) Mission to Argentina and Ecuador this week to open new markets and strengthen export opportunities for American farmers, ranchers and producers.

Built on the Reciprocal Trade and Investment agreements signed with Argentina and Ecuador earlier this year, the mission led by USDA’s Under Secretary for Trade and Foreign Agricultural Affairs, Luke J. Lindberg, aims to increase fair access to two of the Western Hemisphere’s fastest-growing markets.

“Our three-point plan has already reduced the agricultural trade deficit by 42%, and now, TRUMP trade missions like this one are turning new market access into true market share...

Day 39 of Iran War: Trump Says “Whole Civilization Will Die Tonight” if Deal Missed

US President Donald Trump reiterated his threat to Iran to make a deal by his Tuesday deadline, saying a "whole civilization will die tonight" if an agreement is not reached to end the war.

"A whole civilization will die tonight, never to be brought back again. I don't want that to happen, but it probably will," Trump said in a post on Truth Social. "We will find out tonight, one of the most important moments in the long and complex history of the World."

Day 34 of Iran War: US-Israel War on Iran Intensifies; Oil Jumps, Tehran Rejects Ceasefire Claims

The United States and Israel stepped up strikes on Iran, with reported casualties and damage across multiple areas, as Iranian forces launched new missile and drone attacks in response.

In an address on Wednesday, US President Donald Trump said Washington had “destroyed the Iranian military” and was nearing its war objectives. Trump also said Tehran had sought a ceasefire, a claim Iranian officials denied...

Day 17 of Iran War: US Allies Decline Trump's Request to Send Ships to Strait of Hormuz

On the 17th day of the US-Israeli war on Iran, Israel launched a fresh wave of airstrikes on Tehran. Iranian officials dismissed US claims of truce talks, emphasizing readiness to defend the country.

Amid rising tensions in the Gulf region, Iran’s Foreign Minister Abbas Araghchi says the Strait of Hormuz “is open, but closed to our enemies, to those who carried out this cowardly aggression against us and to their allies”.

US President Donald Trump is pushing allies to form a coalition to secure the Strait of Hormuz, while Japan and Australia have said...

Day 14 of Iran War: US Temporarily Eases Russian Oil Sanctions; Shipping Risks Mount 

Israeli airstrikes have hit Tehran on the 14^th day of the Iran war as Iran and its allies launch retaliatory attacks across Gulf states, sharply escalating tensions across the region and disrupting global energy markets.

Shipping through the Strait of Hormuz, a vital route linking the Gulf to the Gulf of Oman, remains severely disrupted.

On Friday, the US issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea. Oil prices eased following the announcement, though prices are...

Day 13 of Iran War: Strait of Hormuz Tensions Continue, Brent Crude Tops $100 Again

US and Israeli strikes on Iran continued Thursday as the war entered its 13th day, while Tehran intensified retaliatory attacks that have unsettled global energy markets.

Iranian President Masoud Pezeshkian said Tehran could consider ending the war if its “legitimate rights” are acknowledged, reparations are paid, and binding international guarantees are put in place to prevent future attacks.

Maritime tensions are increasing around the Strait of Hormuz, with reports of tanker attacks off Iraq and drone strikes targeting energy infrastructure throughout the Gulf...

Rail Merger Would be Costly for Farmers

The proposed merger of the Union Pacific and Norfolk Southern railways would leave farmers with fewer transportation options and vulnerable to shipping cost increases at a time when balance sheets have been squeezed to the breaking point by rapidly rising input costs. Transportation, marketing and storage expenses are projected to rise to a record $14 billion in 2026. American Farm Bureau Federation economists analyzed the UP-NS merger in the latest Market Intel.

“The risk of the UP–NS merger is clear,” the Market Intel states. “It would leave farmers more dependent...

Iran War Enters Fourth Day, Driving Higher Crude Prices and Broad Commodity Swings

The US-Israeli war on Iran intensified into its fourth day, with Tehran reporting a death toll of 787 as strikes continue to target leadership and infrastructure. Israel’s campaign, initially described as a two-week operation, is reportedly advancing faster than expected, with no firm end date signaled. US President Donald Trump said the war could last four to five weeks.

Global markets remain on edge. Crude oil surged nearly 4% in overnight trade, while European equities fell sharply. US stock futures also pointed lower, with the three major indices last shedding about 2%...