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

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| Agriculture: Crops & Grains

Sudan and FAO sign $616 million framework to rebuild war-hit farming

Sudan's Ministry of Agriculture and Irrigation has signed a 2026-2028 country programming framework with the UN's FAO to mobilize more than $616 million for its war-damaged farm sector. The plan targets irrigation, drought-resistant seed, value chains and smallholder support in a country where farming is 44% of output and key export crops include gum arabic and sesame.

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Thomas Reid
Senior Metals & Mining Analyst
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| Food & Beverages

Russian chocolate prices may rise again as cocoa and coffee markets reverse

Russian chocolate prices fell 1.7% from January through June to 1,527.87 rubles per kilogram after a decline in global cocoa prices. The relief may be temporary as cocoa and coffee quotations began rising in July, increasing the prospect of higher producer prices in the second half of 2026.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

Thailand targets China’s expanding instant and ready-to-drink coffee market

China’s instant coffee market grew from 22.1 billion yuan in 2020 to 86.5 billion yuan in 2025 and is projected to reach 159 billion yuan by 2030. Thailand’s trade promotion agency sees export opportunities in premium instant coffee, ready-to-drink beverages and products featuring Thai ingredients.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Brazilian beef industry warns EU exports could stop in September

Brazil faces losing access to the EU beef market from 3 September 2026 after the bloc removed the country from its list of approved suppliers. The dispute concerns guarantees on antimicrobial controls and full traceability throughout an animal’s life.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

Italy bars blended oil from the extra-virgin label in new crackdown

Italy's Masaf has issued a circular barring producers from labelling any blend of virgin and extra-virgin olive oil as 'extra virgin'; the designation is now reserved for top-category oil. The move follows a roughly 50% price drop over a year in a market where imports far exceed domestic output.

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Isabella Romano
Lead Food & Beverage Analyst
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