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

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| Agriculture: Crops & Grains

Nigeria weighs public-private partnerships to cut $1.5bn dairy import bill

Nigeria's Federal Government says it is exploring strategic public-private partnerships to expand domestic milk production and cut an estimated $1.5 billion annual dairy import bill. The plan aims to draw private capital into local processing while remaining at an early, exploratory stage.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Russian beef prices reach record 744.9 rubles per kg

Russia’s average beef price reached a record 744.9 rubles per kg as of July 1, Meatinfo reported. The benchmark highlights rising domestic protein costs for meat traders, processors and buyers assessing import needs.

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

French potato imports drive Spanish new-potato prices below cost, COAG warns

The Spanish farmers' organisation COAG says a flood of French old-crop potatoes into the HORECA channel has pushed Spanish new-potato prices to 25-30 cents per kilogram, below the 35-40 cent production cost. France now supplies 73.7% of Spain's imported potato, and growers face losses of 100-150 euros per tonne.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Malaysia widens fruit export markets to prevent durian oversupply and price declines

Malaysia is expanding overseas markets for locally grown fruit, including durian, to prevent excess supply from depressing domestic prices. Agriculture Minister Datuk Seri Mohamad Sabu said authorities are working to accelerate exports, including shipments to China through cooperation with regional countries.

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

Turkey maps target markets for agricultural and food exports

Turkey’s Ministry of Agriculture and Forestry has prepared a target-country analysis for agricultural, food and forestry exports. The study covers products including olive oil, hazelnuts, figs, grapes, apples, quinces and tomatoes, but the available source text does not disclose the selected destinations.

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Martin Keller
Senior Agricultural Commodities Analyst
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