The rice markets in Asia have seen new trends emerging with Indonesia importing rice, and India putting restrictions on their rice exports. Ripple effects have been felt in other major rice growing countries such as Pakistan and Thailand. In this Commodities Focus episode, Elizabeth Thang , Managing Editor for Food and Agriculture is joined by three rice experts from S&P Global Commodity Insights, Tanya Rana and Elvis John, associate editors with the agriculture markets and Mugunthan Kesavan, Engagement lead for food and agriculture to discuss some key questions—how the markets are reacting to Indonesia’s return to the market as an importer, what the industry is anticipating about the rice export ban in India ahead of elections in the country, and more. Related price assessments: Thai Long Grain White Rice 100% Grade B FOB Vietnam Long Grain White Rice 5% Broken FOB Pakistan Long Grain White Rice 5% Broken India Long Grain Parboiled Milled Rice 5% STX More listening options: No content (including ratings, credit-related analyses and data, valuations, model, software or other application or output therefrom) or any part thereof (Content) may be modified, reverse engineered, reproduced or distributed in any form by any means, or stored in a database or retrieval system, without the prior written permission of Standard & Poor's Financial Services LLC or its affiliates (collectively, S&P).

Wheat prices have been on a largely downward trend since the start of 2024 despite lower production in key exporters, Canada and Australia, and continued logistics concerns due to the wars in the Black Sea and the Red Sea. Does this imply the weight of a larger global supply in the year ahead and that the markets have adapted to a new normal amidst geopolitical tensions or are there choppier waves to come? In this podcast, Vivien Tang, associate grains editor, Victoria Sinitsyna, associate director, Grains Analytics and Nikolaos Aidinis Antonopoulos, senior freight pricing specialist discuss the potential challenges faced by the wheat markets and provide an outlook on global wheat production and freight markets in 2024. Related: CFR Indonesia wheat price matrix APW Wheat CFR Indonesia CWRS 13.5% Wheat CFR Indonesia EU 11.5% Wheat CFR Indonesia More listening options: No content (including ratings, credit-related analyses and data, valuations, model, software or other application or output therefrom) or any part thereof (Content) may be modified, reverse engineered, reproduced or distributed in any form by any means, or stored in a database or retrieval system, without the prior written permission of Standard & Poor's Financial Services LLC or its affiliates (collectively, S&P).

The ethanol industry is angling to be a bigger part of the US decarbonization strategy, but so far, the Biden administration has sent some mixed signals on the issue. For instance, the Treasury Department has made some policy decisions that could provide some big opportunities for ethanol, but the Environmental Protection Agency is slow walking other policies the industry has called for. Brian Jennings, CEO of the American Coalition for Ethanol , joins the podcast to discuss the administration’s recent policy decisions, and outline additional actions the industry is seeking. Stick around after the interview for Jeff Mower with the Market Minute, a near-term look at oil market drivers. Related content: US Treasury allows GREET model for SAF credit, opening opportunity for ethanol (subscriber content) EPA looks to issue E15 rule in March; biofuel groups want swifter action (subscriber content) View Full Transcript Global food security, just like energy security, has emerged as a major risk from Russia’s war in Ukraine. Today we’re looking at the shakeup in agriculture markets with Peter Meyer, S&P Global’s head of grain, oilseed and feedstock analytics. He explains the role of Russia and Ukraine in growing wheat, corn and other crops for the world, how major buyers like China are reacting, whether US farmers will be able to meet any of these new demands, surging fertilizer costs and how farmers are navigating these risks. Stick around after the interview for Starr Spencer with the Market Minute, a look at near-term oil market drivers. Related content: Interactive: Ukraine-Russia conflict shakes agriculture supply chains, raises food security concerns Russian troops seize agricultural assets in Ukraine, could risk global food security Analysis: Black Sea conflict may alter global trade patterns for grains, veg oil No content (including ratings, credit-related analyses and data, valuations, model, software or other application or output therefrom) or any part thereof (Content) may be modified, reverse engineered, reproduced or distributed in any form by any means, or stored in a database or retrieval system, without the prior written permission of Standard & Poor's Financial Services LLC or its affiliates (collectively, S&P).

There's just over a year to go until the EU introduces its sustainable aviation fuel mandate. S&P Global Commodity Insights' Seb Lewis , associate director for biofeedstocks and biofuels consulting, speaks with Stephen Li , associate director for biofuels research and analysis, and Simone Burgin , associate editor for biofuels pricing. The team discusses the current state of the SAF market and HEFA fuels, developments in advanced biofuels and PtL pathways, feedstocks, and the current state and future paths of SAF pricing. Related prices: Sustainable Aviation Fuel CIF ARA Premium $/mt ( AJNWF00 ) UCO (RED) FOB ARA $/mt ( AUCOA00 ) No content (including ratings, credit-related analyses and data, valuations, model, software or other application or output therefrom) or any part thereof (Content) may be modified, reverse engineered, reproduced or distributed in any form by any means, or stored in a database or retrieval system, without the prior written permission of Standard & Poor's Financial Services LLC or its affiliates (collectively, S&P).