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| Agriculture: Crops & Grains

Heat damage keeps Italian tomato prices near €3.50/kg at Sicilian markets

Vine tomatoes are quoted at €3.50 to €3.60 per kilogram at the Vittoria production market in Sicily after heatwaves cut grower output to a fifth of normal levels, myfruit.it reports. Datterino is trading near €5 per kilogram and Ciliegino at €4.20, with retail prices above €5. In Germany, Lotze Fruchtimport says vine tomato quotations at the Hanover wholesale market briefly reached €20 per case before easing.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Metals & Mining

US Defence Rules to Bar Chinese Tungsten From 2027 as Supply Outside China Tightens

A US defence directive will prohibit purchases of tungsten from China, Russia, Iran and North Korea from 1 January 2027, while US scrap traders must allocate their volumes to domestic buyers by August 2027. USGS data show China mined about 67,000 of the roughly 85,000 tonnes produced worldwide in 2025. A supply gap of some 16,000 tonnes is projected outside China by 2030.

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Thomas Reid
Senior Metals & Mining Analyst
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| Food & Beverages

Italy bars the extra virgin label on blends with virgin olive oil

A joint circular signed on 16 July by three departments of Italy's agriculture ministry, MASAF, rules that blends of extra virgin and virgin olive oil can no longer be sold as extra virgin and must be labelled virgin olive oil. The practice had been lawful until then and was upheld by a 2023 ruling of the Court of Perugia. The ministry cites Article 7 of Regulation (EU) No 1169/2011 and concerns raised by the European Court of Auditors in Report 01/2026.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

Davao exports first frozen Saba banana shipment to Australia

The Department of Agriculture in the Davao Region said its Agribusiness and Marketing Assistance Division facilitated the first export shipment of frozen Saba bananas from Davao City to Australia. The Philippine News Agency reported the consignment as the product's first entry into the Australian market. Volume, value and the exporting company were not disclosed in the announcement.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Seedless reaches 43% of Italian table grape listings as private label doubles to half the shelf

A September store check in Parma by the IFN-Agroter monitoring programme found Italian retailers cutting table grape listings from 13 to 10 per outlet and display area from about 6 to just over 4 square metres. Seedless varieties rose to 43% of listings, while private label and supplier brands together jumped from 23% to 50% in two years. Seedless keeps a price premium of more than 4 euros per kg against 3.5 euros for white seeded grapes.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Italy centres wine promotion on territory: 681,000 hectares, 65% under DOP

Italy is rebuilding its wine promotion around territorial identity in a push running from Calabria to New York. Agea, the national agricultural payments agency, put the vineyard base at 681,000 hectares, with 65% destined for DOP wines, 14% for IGP and the remainder for common wine.

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Isabella Romano
Lead Food & Beverage Analyst
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| Trade Policy & Macro

ProChile expects $60 million in business from Seoul B2B summit with Korean, Japanese and Taiwanese buyers

ProChile staged the Chile–North Asia Business Summit 2026 in Seoul, bringing about 30 Chilean exporters together with 80 buyers from South Korea, Japan and Taiwan. More than 450 one-on-one meetings were held and the agency expects around $60 million in business. Chile ships some 33,000 tonnes of fresh fruit a year to the three markets and is targeting more than 50,000 tonnes.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Food & Beverages

Indonesia weighs extra cigarette excise tier as experts warn of downtrading

A proposal to add a new layer to Indonesia's tobacco excise structure has drawn warnings from experts cited by Kompas.com, who say it would enlarge the cheap-cigarette segment. They also question the claim that an extra tier would curb illegal cigarettes, arguing that untaxed products compete on evasion rather than on tariff brackets.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Monsoon deficit of 15% cuts India's paddy area by 1.6 million hectares

A 15% shortfall in monsoon rainfall has reduced India's paddy sowing area by 1.6 million hectares, with Karnataka and Telangana worst affected. Retail food inflation is near 6% and fine rice prices have risen by up to 50% in some southern markets. India holds a 60 million tonne rice buffer stock, but the government may revisit the use of FCI rice in ethanol production.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Meloni commits €60 billion to lower Italian energy bills, backing renewables and nuclear

Italian Prime Minister Giorgia Meloni said the government is committing €60 billion to containing electricity and gas bills, with renewables, nuclear power and domestic production as the pillars of the strategy. MeteoWeb reported the remarks, made during a television appearance, but no breakdown, timeline or delivery mechanism was given. The move puts nuclear generation back into Italy's declared energy policy.

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Daniel Brooks
Lead Energy Markets Analyst
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