Millet
0· no cut expectedCropUSDA: 1.8 million t in 2026/27, up 0.6% on last year, 6% of the world's
TradeNo exports or imports to speak of
NewsNo reports in our sources in the last 14 days
Commodity watch · updated Nov 13, 7:44 AM EST
Mali: commodities
For every crop USDA forecasts and every country that matters for it: USDA's crop outlook, the weather forecast over the main growing regions at the crop's stage, trade, prices and hedge funds' bets, and how much our sources are saying about it. A plain score from 0 to 100 says how much the supply looks at risk, and when the risk is real but the news is quiet, the watch raises a flag. Now: 800 cards for 62 commodities, 5 flagged.
Sorghum
0· no cut expectedCropUSDA: 1.6 million t in 2026/27, down 9.9% on last year, 3% of the world's
TradeNo exports or imports to speak of
NewsNo reports in our sources in the last 14 days
Cottonseed oil
0· no cut expectedCropUSDA: 48,000 t in 2026/27, down 0% on last year, 1% of the world's
TradeNo exports or imports to speak of
Cottonseed meal
0· no cut expectedCropUSDA: 140,000 t in 2026/27, down 0% on last year, 1% of the world's
TradeExports 1,000 t; imports 15,000 t, 8% of the world's
Cotton
0· no cut expectedCropUSDA: 850,000 bales in 2026/27, up 3.7% on last year
TradeExports 900,000 bales, 2% of the world's
MarketCotton (A Index) $2/kg in October, down 4.8% on the month, up 19% on the year, the lowest since July 2026; hedge funds betting on higher prices (44,168 contracts net)
NewsNo reports in our sources in the last 14 days
Peanut oil
0· no cut expectedCropUSDA: 40,000 t in 2026/27, down 0% on last year
TradeExports 19,000 t, 4% of the world's
MarketGroundnut oil $1,850/mt in October, down 0.5% on the month, up 13.6% on the year, the lowest since August 2026
NewsNo reports in our sources in the last 14 days
Who buys its commodities
Its biggest commodity exports (farm, energy, metals) in 2024 and their main buyers, by value (CEPII BACI, January 2026 release, from UN trade statistics; Etalab Open Licence 2.0).
- Gold $704 millionUganda 51%, Australia 31%, Switzerland 17%, France 1%
- Cotton $159 millionIndia 87%, Bahrain 4.1%, Turkey 3.1%, China 2.5%
- Iron ore $43 millionChina 53%, Indonesia 22%, South Korea 11%, Italy 7.3%
- Lead $6.8 millionIndia 100%
- Palm oil $1.2 millionMauritania 98%, France 1%, Canada 0.6%, South Africa 0.1%
- Peanuts $1.1 millionCôte d'Ivoire 89%, Morocco 5.4%, Mauritania 4.7%, France 0.9%
- Soybeans $471,000India 100%, Burkina Faso 0.4%
- Peanut oil $433,000China 100%
- Wheat $339,000Burkina Faso 100%, France 0%
- Corn (maize) $266,000Mauritania 98%, Côte d'Ivoire 0.9%, France 0.8%, Canada 0.1%
Where its commodities come from
Its biggest commodity imports in 2024 and where they come from, by value.
- Palm oil $77 millionCôte d'Ivoire 99%, Senegal 0.5%, Malaysia 0.3%, Burkina Faso 0%
- Wheat $68 millionFrance 48%, Poland 22%, Lithuania 9.6%, Latvia 7.4%
- Rice $47 millionSenegal 74%, India 18%, China 3.1%, United States 2.9%
- Tea $42 millionChina 67%, India 18%, Senegal 7.9%, Sri Lanka 5.5%
- Urea $12 millionCôte d'Ivoire 89%, Senegal 10%, Burkina Faso 0.6%, Belgium-Luxembourg (...1998) 0.3%
- Potash $12 millionFed. Rep. of Germany (...1990) 93%, Côte d'Ivoire 6.8%, Spain 0%
- Cottonseed $8.5 millionBenin 100%, Niger 0.1%, Gambia 0%
- Sugar $7.6 millionFrance 34%, Morocco 34%, Poland 12%, Ukraine 11%
- Whole milk powder $5.7 millionNetherlands 45%, France 22%, Senegal 14%, Uruguay 7.9%
- Crude oil $5.3 millionSenegal 100%
Prices, October 2026
The World Bank's monthly averages in US dollars (the Pink Sheet, updated November 3), against the month before and a year before. Licensed CC BY 4.0.
| Commodity | Price | Month | Year |
|---|---|---|---|
| Energy | |||
| Crude oil, average | 108.5 $/bbl | +6.1% | +72.2% |
| Crude oil, Brent | 125 $/bbl | +7% | +93.2% |
| Crude oil, Dubai | 102.7 $/bbl | +10.1% | +59.7% |
| Crude oil, WTI | 97.7 $/bbl | +0.8% | +62.3% |
| Coal, Australian | 152.3 $/mt | +3.5% | +41.7% |
| Coal, South African | 100 $/mt | +1.8% | +9.2% |
| Natural gas, US | 2.96 $/mmbtu | +0.3% | −7.5% |
| Natural gas, Europe | 28.5 $/mmbtu | +12.1% | +161.7% |
| Liquefied natural gas, Japan | 16.59 $/mmbtu | +2% | +49.5% |
| Natural gas index | 182.7 2010=100 | +8.9% | +86.2% |
| Beverages | |||
| Cocoa | 5.75 $/kg | −2.9% | −3.4% |
| Coffee, Arabica | 7.4 $/kg | +1.9% | −16.9% |
| Coffee, Robusta | 3.63 $/kg | −1.6% | −23.4% |
| Tea, avg 3 auctions | 2.88 $/kg | +0.7% | −4.3% |
| Tea, Colombo | 3.75 $/kg | +0.5% | −4.8% |
| Tea, Kolkata | 2.55 $/kg | +0.8% | −10.8% |
| Tea, Mombasa | 2.33 $/kg | +1.3% | +4.5% |
| Food | |||
| Coconut oil | 2,029 $/mt | −2.4% | −20.3% |
| Groundnuts | 1,600 $/mt | +2.4% | +33.3% |
| Fish meal | 2,840 $/mt | −2.6% | +60.5% |
| Groundnut oil | 1,850 $/mt | −0.5% | +13.6% |
| Palm oil | 1,120 $/mt | −5.1% | +7.9% |
| Palm kernel oil | 2,287 $/mt | −2.9% | +0.6% |
| Soybeans | 515 $/mt | −1.7% | +27.5% |
| Soybean oil | 1,546 $/mt | −4.3% | +36.6% |
| Soybean meal | 453 $/mt | +1.3% | +27.2% |
| Rapeseed oil | 1,405 $/mt | −2.6% | +11.2% |
| Sunflower oil | 1,413 $/mt | +1.4% | +3.7% |
| Barley | 80.4 $/mtAugust 2020 | — | — |
| Maize | 226.5 $/mt | −5.5% | +14.3% |
| Sorghum | 189.5 $/mtAugust 2020 | — | — |
| Rice, Thai 5% | 489 $/mt | +1.5% | +37.4% |
| Rice, Thai 25% | 472 $/mt | +2.4% | +34.5% |
| Rice, Thai A.1 | 467.4 $/mt | −1.2% | +39.1% |
| Rice, Viet Namese 5% | 413.9 $/mt | −1.1% | +13.2% |
| Wheat, US SRW | 260.3 $/mt | −6.6% | +24.4% |
| Wheat, US HRW | 317 $/mt | −8.6% | +37.3% |
| Banana, Europe | 1.1 $/kg | −1.8% | −2.7% |
| Banana, US | 1.18 $/kg | +5.4% | +4.4% |
| Orange | 0.75 $/kg | −5.1% | −28.6% |
| Beef | 6.83 $/kg | −0.4% | −3.7% |
| Chicken | 1.84 $/kg | +1.7% | +7% |
| Lamb | 7.48 $/kg | +3% | +18.2% |
| Shrimps, Mexican | 8.6 $/kgOctober 2023 | — | — |
| Sugar, EU | 0.37 $/kg | −2.6% | −2.6% |
| Sugar, US | 0.92 $/kg | +8.2% | +19.5% |
| Sugar, world | 0.43 $/kg | +4.9% | +26.5% |
| Raw materials | |||
| Tobacco, US import u.v. | 6,775 $/mtJuly 2026 | — | — |
| Logs, Cameroon | 392.1 $/cubic meter | −2.7% | −3.7% |
| Logs, Malaysian | 188.5 $/cubic meter | −0.9% | −4.1% |
| Sawnwood, Cameroon | 636.8 $/cubic meter | −0.9% | −0.5% |
| Sawnwood, Malaysian | 724.3 $/cubic meter | −1% | −0.5% |
| Plywood | 345.8 cents/sheet | −0.9% | −4.1% |
| Cotton, A Index | 2 $/kg | −4.8% | +19% |
| Rubber, TSR20 | 2.55 $/kg | +5.8% | +49.1% |
| Rubber, RSS3 | 2.83 $/kg | +2.9% | +41.5% |
| Fertilizers | |||
| Phosphate rock | 170 $/mt | 0% | +11.5% |
| DAP | 803.1 $/mt | +0.3% | +6.5% |
| TSP | 692 $/mt | +0.3% | +5.1% |
| Urea | 420 $/mt | +3.1% | +6.5% |
| Potassium chloride | 357.5 $/mt | −2.7% | +1.6% |
| Metals and minerals | |||
| Aluminum | 3,061 $/mt | −6.8% | +9.6% |
| Iron ore, cfr spot | 90.8 $/dmtu | −7.1% | −12.3% |
| Copper | 14,508 $/mt | +0.2% | +35.1% |
| Lead | 1,860 $/mt | −0.7% | −5.5% |
| Tin | 51,696 $/mt | −3.8% | +43.6% |
| Nickel | 15,436 $/mt | −5.4% | +2.3% |
| Zinc | 3,818 $/mt | −5% | +21.1% |
| Precious metals | |||
| Gold | 4,105 $/troy oz | −5% | +1.2% |
| Platinum | 1,621 $/troy oz | −9.1% | +0.3% |
| Silver | 57 $/troy oz | −11.8% | +15.4% |
The record
Each card's score calls USDA's next revision of the country's crop: 50 or more “cut likely”, 30 to 49 “cut possible”, under 30 “no cut expected”. When USDA revises (grains, oilseeds and cotton every month, about the 10th; coffee and sugar twice a year), the last call before it is checked against what USDA did.
| Call | Calls | USDA cut | Raised | Unchanged |
|---|---|---|---|---|
| no cut expected | 403 | 30 | 32 | 341 |
| cut possible | 1 | 0 | 1 | 0 |
Sources
Crop figures: USDA FAS (PSD, Weekly Export Sales). Prices: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Hedge funds: CFTC Commitments of Traders. Weather: MET Norway (CC BY 4.0), normals from NASA POWER. Trade partners: CEPII BACI (Etalab Open Licence 2.0). Crop calendars after USDA FAS's; growing regions are the main ones of each main producer.
The same readings as data, free: GET /api/v1/commodities (and /map, /country/{code}, /prices, /weather, /scorecard).