Nagoya Fish Prices Surge Due to Typhoon; Pakistan Flood Damages Rice Crop
Key Takeaways
- Nagoya typhoon caused sea bream prices to surge ¥500 to ¥1,000 per 100g.
- Pakistan's Punjab floods damaged 20% of rice crop; yields projected to drop over 9%.
- Syria considers wheat purchase offers amid drought; wheat production drops by 40%.
- UN: 74% of Latin American countries highly exposed to climate risks, impacting food security.
Top Stories
Typhoon causes fish price surge in Nagoya: sea bream up ¥500.
On September 24, 2025, due to reduced catches from typhoons, the purchase price of sea bream at "Uoichi Shoten" in Osu, Nagoya, rose by ¥500 from the previous week to ¥1,000 per 100 grams. Saury also increased by ¥150 to ¥900 per fish.
Pakistan's Punjab province sees 20% rice crop damage from floods.
On September 23, 2025, floods in Pakistan’s Punjab damaged about one-fifth of the rice crop. Rice yields are projected to drop by more than 9% this year.
Syria considers wheat purchase offers amid 40% production drop.
On September 23, 2025, European traders reported that Syria is considering price offers in an international tender to purchase about 200,000 tons of soft wheat. Syria faces a potential food crisis due to drought, which has reduced wheat production by 40%.
UN: 74% of Latin American countries highly exposed to climate risks.
In 2025, a UN report indicates that 74% of countries in Latin America and the Caribbean have a high exposure to extreme climate events. This affects food security in the region.
Price Volatility
Pakistan Cereal Association requests 1.5 million tonnes of wheat imports.
In September 2025, the Cereal Association of Pakistan urged the government to allow immediate wheat imports of at least 1.5 million tonnes due to an expected 3 million tonnes supply gap. They warned of potential price escalations, with a 10kg wheat bag costing Rs929, up from Rs640 in early August.
Meiji to commercialize cell-cultured cacao chocolate in US next year.
Meiji Holdings plans to commercialize chocolate-flavored food made from cell-cultured cacao in the US next year. This is in response to soaring cacao prices, which have tripled from 2023-24, due to abnormal weather and concerns about the industry's sustainability.
Coffee prices drop as Brazil rains ease dry conditions.
On September 23, 2025, coffee prices declined sharply due to rains in Brazil easing dry conditions in Minas Gerais. Vietnam's 2025/26 coffee production is expected to climb +6% y/y to 1.76 MMT.
Guayaquil food prices within official margins despite diesel subsidy end.
On September 23, 2025, the governor of Guayas inspected markets in Guayaquil and stated that food prices are within official margins. However, merchants report significant increases due to the end of the diesel subsidy, which has increased transportation costs.