Price-fixing cases uncovered this year in South Korea's sugar and wheat flour markets involve combined related turnover of close to 15 trillion won, according to figures released on September 23 by lawmaker Yoon Jun-byung. The disclosure has revived pressure in the National Assembly to strengthen sanctions against large food manufacturers, given that the government has been cutting duties on imported food raw materials through tariff-rate quotas to hold down consumer prices.
Fonterra Co-operative Group revised the midpoint of its forecast farmgate milk price for the 2026/27 season to NZ$9.50 per kilogram of milk solids from NZ$9.25, citing recent improvements in global dairy commodity prices. The update came as the S&P/NZX 50 closed Monday 0.6% higher at 13,821.20. ANZ expects the Reserve Bank of New Zealand to lift the official cash rate to a peak of 3.5% by March.
European carmakers have accumulated €14.4 billion in CO2 compliance liabilities against €13 billion in credits, according to a Dataforce report cited by Milano Finanza. Italy is the worst-placed national market at €4.4 billion, while Tesla, BYD and Geely hold the largest credit positions.
Brazilian exports of beef and cattle-slaughter by-products fell 25.56% by volume in August 2026, while revenue declined 16.11%, UOL reported. The smaller contraction in earnings indicates that export revenue per unit was higher, partly cushioning processors and exporters from the sharp fall in shipments.
Polish milk production costs on larger farms have converged with Western Europe, while Argentina, the United States and New Zealand produce 20–30% cheaper, IFCN director general Łukasz Wyrzykowski told farmer.pl. At the dairy forum in Białystok, European Commission official Pierre Bascou said the EU sector, which earns almost €20bn a year in trade surplus, must compete on quality and trust rather than price.
Spain will need additional electricity capacity from 2028 even if the two reactors at the Almaraz nuclear plant keep running, according to a Compass Lexecon report cited by El Economista. The consultancy calculated the contribution an extension would make and found it insufficient for what the system will require. The published summary does not quantify the shortfall.
Egypt shipped about $350 million of agricultural products to Saudi Arabia in 2025 on volumes of roughly 630,000 tonnes, with the Saudi market absorbing around 12% of Egypt's total farm exports. Food industry exports to the kingdom were larger still at about $570 million, within total bilateral trade in goods and services of roughly $7 billion.
A market survey of OLED monitor panels has recorded a share figure for Chinese suppliers for the first time, in a segment effectively held by Samsung Display and LG Display. South Korean media reported that the domestic industry is answering with technology barriers built on mass production of high-performance panels. The size of the Chinese share and the manufacturers behind it were not detailed.
A Seoul price survey found the average four-person Chuseok rite table cost 309,380 won, down 1.2% in three weeks, while apples rose 11.8% and pears 11.1%. With the two traditional gift fruits pricing higher, imported mango and kiwi are taking a larger share of holiday gift boxes.
Colombia's dairy chain faces a weather shock at a moment when formal milk collection is almost stable and the price paid to producers is rising. Real sales are losing strength, limiting how much of the higher raw material cost processors can pass to the shelf.
Close to half of the vaping products sold in the European Union are irregular, meaning they sit outside the bloc's nicotine product rules. The finding lands as Brussels prepares a reform of its tobacco and nicotine legislation, with public health goals on one side and fast-growing illicit trade on the other.
Diesel averaged 2.41 euros per litre in France on Monday and SP95-E10 reached 2.18 euros, above its 2022 peak, according to Le Journal de Saône-et-Loire. Motorists are shifting to Superethanol-E85 at about 0.85 euros per litre and LPG at 1.06 euros, while some are pouring retail rapeseed oil into diesel tanks despite customs rules and engine damage warnings.
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