Russian wheat and barley prices have fallen sharply as disruptions at southern ports restrict export sales during the harvest. Domestic pressure is rising while traders warn that prolonged corridor closures could reduce supplies to global buyers.
Spanish construction-material exports rose 3.5% year on year to €11.8117 billion between January and May 2026, while first-half cement consumption increased 7.5%. Employment and production indicators also improved, although energy costs and weaker new-home sales remain constraints.
Italy has approved a legislative decree transposing the EU gas market reform, with the European deadline falling on August 5. The Italian rules take effect on August 15 and concern gas, electricity and hydrogen billing.
Brazil’s government expects China to impose an additional 55% tariff on Brazilian beef after the import quota was exceeded in July, Poder360 reported. The measure could raise costs in Brazil’s largest beef export market and redirect part of the supply toward other destinations or the domestic market.
Indonesia’s National Food Agency has ordered targeted supply and distribution measures after garlic prices increased in 248 regencies and cities in July. Supplies at two major wholesale markets were described as stable, although distributors raised concerns about import quota management.
India’s government says the unified Bharat fertilizer brand has curbed counterfeit products, black-market sales and shortages. It also told parliament that sufficient urea and DAP are available for the current kharif season.
MATIF corn, wheat and rapeseed futures rose sharply on 3 August after losses at the end of July. Black Sea logistics, weather risks in Western Europe and firm international demand returned to the center of market attention.
Russia exported about 8,700 tonnes of rusks and croutons worth more than $25 million in January–June 2026. Shipments rose 9% by volume and 19% by value, with Kazakhstan and Belarus among the leading buyers.
The July average price of paddy rice in Rio Grande do Sul reached its highest level in 11 months as limited supply met strong industrial demand. Producers held back sales while processors from other Brazilian states increased competition for available grain.
South Korean memory chipmakers are expected to retain their global leadership through 2031 as AI demand shifts from model training toward inference. Nvidia’s share of HBM demand is forecast to fall from 66% last year to 58% this year as large technology companies deploy more proprietary AI chips.
South Korean prosecutors have indicted six pork distributors and 12 employees over an alleged price-fixing scheme involving supplies to major retailer E-Mart. Prosecutors estimate the affected transactions at about 1.2 trillion won and say consumers paid at least 20% more than competitive prices.
Cashew processing utilization in India remains below 6%, contributing to a sharp decline in farmgate prices ahead of the season. The downturn is shifting the immediate burden onto growers while leaving processors, traders and buyers exposed to supply-chain disruption.
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