Market News

Commodity and industrial market news — prices, production, trade and regulation — with expert analysis

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| Food & Beverages

Thailand plans wider school milk program as dairy agency debt tops 4.5 billion baht

Thailand is preparing to expand its school milk program to additional age groups to absorb excess raw milk from dairy farmers. The government is also accelerating the distribution of more than 1.9 million cases held by the Dairy Farming Promotion Organization and planning a recovery program for its accumulated losses of over 4.5 billion baht.

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David Okafor
Food & Beverage Analyst
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| Trade Policy & Macro

EU-Australia dairy access advances as beef remains the harder trade issue

The EU-Australia free trade agreement offers European dairy exporters better access, particularly for cheese, while opening limited quotas for Australian products. Industry analysis suggests the commercial impact will remain modest on both sides, in contrast with the greater controversy surrounding beef.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Food & Beverages

EU approves crisis distillation for surplus German red and rosé wine

Germany has secured EU approval to distil surplus red and rosé wine from Rheinhessen and Württemberg into industrial alcohol. The €14.16 million measure could remove around 24 million litres from the market, with implementation expected in the fourth quarter of 2026.

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

Philippine Coconut Authority seeks power to set copra floor prices

The Philippine Coconut Authority is asking lawmakers to authorize it to set minimum buying prices for copra. The proposal aims to protect coconut farmers’ incomes when market prices fall, but its implementation and financing remain subject to legislative decisions.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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