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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety NSE gets MCA approval to launch National Coal Exchange of India Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Iranian crude returns to India after seven years as tankers dock at key ports India's March palm oil imports fall 19% to three-month low Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Gold futures drop ₹1,363 to ₹1,52,071/10g India targets 30 lakh PNG connections amid LPG supply concerns Crude oil futures rise on Hormuz disruptions, Saudi attack reports Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% No LPG shortage in country, vessels continuously coming to India via Hormuz: Petroleum Secretary Neeraj Mittal Russia offers sanctioned LNG to energy-hungry Asia at a discount Crude oil futures rise after Israeli attacks on Lebanon West Asia Conflict: Natural gas allocation to fertiliser sector upped to 95% Oil and Gas prices plunge after US and Iran agree to a ceasefire US ceasefire may boost LPG, LNG supplies to India in short term Natural Diamond Council celebrates ‘World Diamond Day’ India set to get first Iranian crude oil cargo in 7 years Crude oil futures crashes 6% to hit lower circuit as US-Iran ceasefire cools tensions Gold rises to near three-week high as Trump pauses attacks on Iran India’s green energy drive faces critical minerals hurdle amid global race Oil plunges, stocks surge as US-Iran ceasefire sparks global market rally Freight surge, logjam hurts egg exports despite strong demand Sugar consumption in April may fall by 2 lakh tonnes on cool weather and LPG scarcity Industry body urges Maharashtra to retain inspector-free fertilizer policy Government amends mining rules to boost critical mineral exploration and self-reliance Silver futures decline ₹1,479 to ₹2.31 lakh/kg as geopolitical risks lift inflation outlook IGX gas trade rises 28% YoY in FY26 to record 76.8 million MMBtu India returns to buying Venezuelan crude to ease supply crunch Crude oil futures hit record ₹10,888/barrel; 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silver down 9% Basmati exporters seek relief as shipping lines levy charges amid disruption due to war Tanker carrying Iranian crude oil shifts course from India to China Oil prices surge while Asian share prices rise moderately Trump to reduce steel, aluminum tariff rates for derivative products, sources say West Asia conflict erodes Qatar’s share in India’s LNG imports to record low in March India procures 6% more rice from farmers in 2025-26 kharif marketing season OPEC+ likely to weigh further oil output hike on Sunday, sources say Reliance SEZ refinery exempt from diesel, ATF export tax: Govt OMCs face losses as crude tops $100 while fuel prices remain unchanged
New study highlights AI’s potential to improve soil science
By BL Mangaluru Bureau · 2026-05-21 · via Commodity Market, Commodities News Today | The HinduBusinessLine

New research, led by Budiman Minasny and Alex McBratney, professors from the University of Sydney Institute of Agriculture, has detailed how AI (artificial intelligence) tools can help us adapt soils – and the systems they nurture – to a changing climate.

Published by Frontiers in Science, the paper outlines how AI tools can accelerate soil science by speeding up early-stage work; improving predictions to support decisions on land-use, carbon and climate adaptation; handling complex data; and freeing scientists to focus on questions that require expert judgment.

Senior author McBratney said: “In partnership with experts, AI could help us better match the complexity and ever-changing nature of soil ecosystems. Unlike current machine learning tools that focus on isolated tasks, these systems can mimic scientific collaboration to a highly sophisticated degree – combining reasoning, planning and interdisciplinary insight to support researchers and drive significant progress. Perception of the vital importance of soil in planetary functioning is increasing, and soil science will continue to grow and flourish under scientist-led AI.”

Soil science currently uses machine learning approaches such as digital soil mapping and spectroscopy. AI systems could enhance this by creating digital soil twins with data from sensors, enhancing soil microbiome monitoring and trialing climate adaptation strategies in computer models before testing them in the field for faster results.

AI agents’ hypothesis

To illustrate such a tool, the research team tasked a multi-agent AI system with reviewing relevant scientific literature and generating ideas about how soils store carbon and what controls their storage limits.

The paper said the AI agents successfully generated five hypotheses, including climate influence, saturation thresholds, biological and chemical controls, interdisciplinary feedback and management strategies.

Each hypothesis was then evaluated through expert opinion and simulated peer review. The system successfully mimicked key parts of the scientific process with outputs beyond what’s currently being used that strongly align with expert research.

Lead author Minasny said: “Our findings indicate the opportunity for AI to accelerate soil research – the understanding of which can benefit our food and climate systems. Improving our understanding of soils could support more sustainable agriculture, better soil management, and stronger climate adaptation by helping land managers detect nutrient loss, water stress, compaction and erosion earlier.

“We assessed the system’s ability to perform perceptual processing, strategic planning, and scientific reasoning. Our findings highlight the promise that multi-agent AI systems hold, with important global implications for soil -- a precious but perhaps undervalued resource.”

‘AI can’t replace scientists’

Co-author Mercedes Román Dobarco from the Basque Institute for Agricultural Research and Development, Spain, said: “While the use cases are clearly persuasive, and though AI can emulate some aspects of expert reasoning, it cannot replace the contextual judgement, creativity and critical interpretation scientists bring to research. AI agents also pose challenges around data quality, interpretability, creativity and dataset bias, particularly without human oversight and domain expertise. Given these limitations, we should treat AI as an augmentative tool that enhances, not replaces, human scientific work.”

Published on May 21, 2026