Nestlé will sell 50% of its bottled water business to Platinum Equity for about €3 billion in cash and place the operation in a jointly owned company called Peranel. The transaction gives the new business an enterprise value of €4.9 billion and advances Nestlé’s withdrawal from underperforming assets.
Indonesia is promoting palm-based bioenergy as a way to reduce fossil fuel imports, curb emissions and strengthen energy security. The strategy could also create additional demand for palm feedstock and raise farmer incomes.
Russia has cancelled the registration of Eviplera at Johnson & Johnson’s request after demand for the HIV therapy fell sharply. The drug remained the country’s most expensive HIV treatment despite a 30% procurement price reduction in 2025.
Russia's Kuzbass region has received 414 tonnes of watermelons from Kazakhstan since the season opened on 10 June, including 136 tonnes between 13 and 17 July, according to gazeta.a42.ru citing Rosselkhoznadzor. All shipments cleared phytosanitary control, and much of the supply arrives via wholesale hubs in neighbouring regions.
Poland has asked the European Commission for emergency financial support as domestic pig prices remain 7% below the EU average. The crisis has renewed concern over the industry’s reliance on roughly 8 million imported piglets a year, mainly from Denmark.
Italy’s 2026 grape harvest has begun early in several regions after months of above-average temperatures accelerated vine development. Initial grape quality is encouraging, but heat, hail and possible lower yields leave the final production volume uncertain.
White and black glutinous rice supplies are scarce at Solo’s Pasar Legi, with prices rising by about 30%-50%, according to local small businesses. Producers of traditional foods are reducing output or temporarily closing, while government officials maintain that national stocks remain stable.
Mexico is negotiating with beverage, food and livestock companies to secure purchases of domestic sugar and reduce imported fructose use. The government is also extending permanent production and fertilizer support to 136,389 cane growers while anticipating stronger exports to the United States.
Louis Dreyfus Company has completed an expansion that more than doubles canola crushing capacity at its Yorkton plant in Saskatchewan. AgCanada described the development as the largest capital project in the company’s history.
Indonesia faces calls to diversify export destinations as new US tariffs threaten to weaken the competitiveness of its goods. The country is also being urged to expand domestic processing so exporters rely less on price advantages.
Russia will maintain zero export duties on wheat and barley from July 29 through August 4, while imposing a corn duty of 232.6 rubles per tonne. The weekly rates are calculated under the country’s grain damper mechanism using registered export contract prices.
Kyrgyzstan imported 35,900 tonnes of poultry meat and edible offal in January-May 2026, Tazabek reported. The volume was 1.8% higher than in the same period of 2025, indicating modest growth in the country’s demand for foreign poultry products.
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