The recent weeks brought some of the sharpest cost movements we’ve seen in years, and they weren’t confined to one market or one region.
As supply chain teams look towards 2027 planning, see which markets moved, why, and what it could mean for your procurement strategies and upcoming supplier negotiations with Expana’s new Global Commodities Market Movers Report.
Markets covered: Grains: Wheat and maize surged double digits MoM on both sides of the Atlantic; the US records smallest wheat harvest since 1970/71. Oilseeds & Vegetable Oils: Canadian rapeseed oil +34.2% YoY. Soybean oil +27.3% YoY. Black Sea conflict continues to cloud Ukrainian and Russian sunflower supply. Red Meat & Poultry: EU Pork down -24.1% YoY on oversupply. US Beef fell -10.9% MoM on weak demand. Poultry softened globally as supply built on both sides of the Atlantic. Seafood: Alaska Pollock +53.8% YoY. Norwegian Salmon +46.1% YoY. Norwegian Cod +44.5% YoY. Dairy: EU and UK milk spiked on summer heat stress while a record US herd keeps prices falling. Herbs & Spices: Indian chili +119.8% YoY. Turmeric +46.0% YoY. Vanilla -40.0% YoY on Madagascar oversupply. Fruits & Vegetables: EU processing potatoes +400% MoM as drought triggers a crop crisis. EU tomatoes +15.4% MoM on heatwave damage. Indian onions +28.9% MoM on tight domestic supply. Packaging: EU plastics (PP, HDPE, LDPE) fell sharply MoM but remain 36–46% above year-ago levels. US Steel +38.2% YoY. EU Steel +25.7% YoY. Input cost pressure shows no structural relief.
Read the report to understand the drivers reshaping costs, arm your team with market data for supplier negotiations, and move from reacting to market volatility to planning around it.