Gapuma SRB: From Strength to Strength
30 June 2026 As Serbia’s harvest season gets under way, our Serbian subsidiary, Gapuma SRB, is in the thick of one of its busiest periods of the year. Led by Managing Director Aron Mohacsi, the team in Žabalj, Vojvodina, continues to build on its grain trading and fertiliser distribution operations, serving the agricultural heartland of one of Europe’s most fertile regions. Beyond the fields, Gapuma SRB has also been deepening its ties with the UK’s diplomatic mission in Belgrade. We were honoured to sponsor His Majesty The King’s Birthday celebrations earlier this month, attending at the personal invitation of the British Ambassador, His Excellency Edward Ferguson – a reflection of the strong and growing relationship between Gapuma and the United Kingdom in Serbia. And there is more to come. The Serbia edition of the Gapuma Globe is published tomorrow, with an in-depth look at the country, its economy, and the people driving our work there. From the harvest to the diplomatic stage, Gapuma SRB goes from strength to strength.
Biofuels: Where Policy Writes the Market
5 June 2026 A report by Transport & Environment (T&E), the Brussels-based clean transport campaign group, featured this week in Le Monde, projects that global biofuel demand could rise by 30% in 2026 and as much as 70% by 2030, well above earlier forecasts of 40%. The drivers are familiar to anyone watching energy markets closely. Amid instability in the Middle East and rising fossil fuel prices, countries with strong agricultural sectors are lifting their blending mandates. Indonesia is raising the palm oil content of its biodiesel to 50% from July; India, Malaysia, Brazil and the United States have all revised their targets upward. It is a moment that rewards a steady hand and genuine market literacy. As Gapuma’s own biofuels trader Charles Percheron told Le Monde: “It’s a market that wouldn’t exist without political will. Regulations can stimulate demand, but they can also curb it.” This is a market built on political will, then, where regulation can accelerate demand just as readily as it can restrain it. Reading those signals – anticipating where mandates move next, and pricing the second-generation feedstocks that may follow – is precisely the kind of judgement that defines good trading. That a national newspaper of record turned to Gapuma for that read says something about where the firm now sits in the conversation. We’re proud to see our people’s instinct and expertise recognised on the international stage. Read the full piece (In French) here: https://www.lemonde.fr/economie/article/2026/06/04/la-ruee-vers-les-agrocarburants-un-risque-pour-la-securite-alimentaire-mondiale_6696904_3234.html
Did you know you can trade lean hogs on the stock market? 🐷
25 February 2026 No, really. Alongside live cattle, oats, frozen orange juice and cocoa futures, lean hog contracts are genuinely traded on the Chicago Mercantile Exchange – in lots of 40,000 pounds, no less. We’re not making this up. It turns out the world of commodity trading goes way beyond the gold bars and oil barrels most people picture. Here are five “exotic” soft commodities that serious traders are watching right now: ☕ Coffee – A billion daily drinkers means relentless demand. But Brazilian soil moisture levels, Vietnamese harvest delays and tropical storms all move the price. Your morning flat white is a geopolitical event. 🍫 Cocoa – In 2024, Côte d’Ivoire cut its export contracts by 40% due to poor weather. Ghana fared little better. Two countries produce half the world’s supply — so when West Africa sneezes, the chocolate market catches a cold. 🌾 Oats – Grown across the EU, Russia, Canada and Australia, oats are more globally distributed than most soft commodities. But here’s the twist: disruption in one grain market tends to ripple across all grains, because they share the same growing regions, transport networks and storage systems. 🥩 Lean hogs and live cattle – Alternative proteins are getting all the headlines. Meanwhile, global meat consumption keeps rising. Livestock futures are a quiet corner of the market that demographic trends suggest won’t stay quiet for long. 🍊 Frozen concentrated orange juice (FCOJ) – Yes, it has its own futures market. In 2024, it hit all-time highs after disease-carrying sap-sucking insects devastated crops in Brazil (which produces nearly 70% of the world’s OJ) and a series of hurricanes compounded the damage in Florida. Extraordinary volatility in the most ordinary of breakfast staples. The common thread? These markets are driven by weather, disease, geography and human appetite — not by central bank policy or tech earnings cycles. For traders and commodity professionals who understand the supply side, that’s a very different — and potentially very interesting — kind of opportunity. Over to you. At Gapuma Group, we’re always curious about the commodity experiences that don’t make the standard textbooks. Have you ever dealt in something genuinely unusual — whether that’s a niche agricultural product, a regional soft commodity, or something else entirely that raised eyebrows at the trading desk?
Maize Diversion – Fuel vs Food: Is India’s Ethanol Ambition Outpacing Agricultural Reality?
31st July 2025 India’s surge in maize diversion for ethanol production — from just 0.8 million tonnes in 2022–23 to a projected 12.8 million tonnes in 2024–25 — is raising urgent questions across agriculture, nutrition, and trade sectors. More than a third of the nation’s maize output is now earmarked for fuel. The consequences are already evident: rising poultry feed costs, reduced food availability in rural communities, and a sharp increase in import dependency. Maize imports have soared by almost 8,000% in the same period, transforming India from a net exporter to a net importer of the grain for the first time in decades. Maize plays a dual role in India’s economy. Beyond being a biofuel feedstock, it is a staple food in many tribal regions and the cornerstone of the animal feed industry. Redirecting such a large share of output to ethanol, encouraged by pricing incentives and blending mandates, risks eroding food security and distorting crop priorities. Industry experts and policymakers are calling for a recalibration: ethanol expansion should be based on surplus production and sustainable sourcing, ensuring India’s energy ambitions do not compromise agricultural resilience. SEO Meta Description:India’s rapid maize diversion to ethanol risks higher feed costs, reduced food supply, and soaring imports. Experts urge balancing energy targets with agricultural stability.