Global Commodity Markets Weekly Pulse

The numbers from this week's commodity markets are extraordinary — and this episode of The Commodity Brief Podcast doesn't shy away from them. Rice is up 70.51% year-to-date and 47.25% year-over-year as of October 2, 2026. EU natural gas is up 165.47% year-to-date. These are not incremental moves. These are the kind of commodity price dislocations that reshape household budgets, corporate cost structures, and investment portfolios simultaneously — and understanding what's driving them is exactly what this week's episode is built around. We open with basmati rice — where a structural supply gap met demand recovery at exactly the wrong moment. New kharif crop s...