Smoke-free nicotine pouches are projected to move more than US$40 billion worldwide by 2033, drawing over US$1 billion in new US factory investment from Philip Morris, British American Tobacco and Altria. Regulators are split: the US FDA has eased rules and cleared reduced-risk claims for Zyn, while France banned the products and the WHO wants tighter controls.
India's soybean meal exports fell about 69% in June to roughly 30,000 tonnes, according to the Soybean Processors Association of India (SOPA). The industry body blamed high domestic prices and weak demand in key overseas markets.
Vietnam's durian exports rebounded to over USD 562 million in the first five months of 2026, up 45% year on year, as quarantine pressure eased. China absorbed USD 492 million, or 87.5% of the total, and Vietnam's output could surpass Thailand's this year.
Cash prices for corn in Brazil are holding firm despite low trading liquidity, according to Globo Rural. The harvest is in line with last year but below the five-year average pace, keeping near-term supply tight and supporting prices.
Rosstandart has approved two revised GOST standards for grainy salmon caviar, tightening rules on salt content, preservatives, temperature and raw material. The standards take effect on 1 June 2027 but may be applied earlier.
The EU recorded fewer overall pest interceptions on imported citrus, but alerts for black spot and canker jumped in June as the southern hemisphere export season began. Of 15 phytosanitary alerts that month, 12 involved consignments from South Africa and Argentina.
A fast-spreading Newcastle disease outbreak in Spain has forced the culling of more than 1.3 million birds, with foci now concentrated in Valladolid. Around 30 countries have suspended or restricted imports of Spanish poultry products, hitting markets from Japan to Latin America.
Russia exported 9.7 million cubic metres of sawn timber in the first half of 2026, down 18.5% year on year, according to Rosleskhoz. China remained the dominant buyer with 59% of volumes, or 6.4 million cubic metres, as shipments reached 40 countries.
Russia's new passenger car market lost 16.2% week-on-week in the week of 6-12 July, with 25,900 units registered. Analyst Sergey Tselikov called it a bad signal, pointing to fading registration effects and fuel supply problems. Light commercial and truck sales also declined.
Turkey's dried fruit sector exported $752 million in the first half of 2026, with the Aegean union EKMİB delivering $465 million, or 62%. Britain led destinations at $81 million while Germany overtook the United States. Ankara targets $2 billion for the full year.
CBOT grain futures closed higher across the board on Friday, July 10, led by wheat gaining more than 3%, after the USDA lowered production and stockpile estimates. Reports of Russia restricting wheat shipments through the Don-Azov corridor added further support.
The global pet food market will grow from $135 billion in 2026 to $199 billion by 2034, a 48% rise at a 5% annual rate, according to a Fortune Business Insights report cited by Milano Finanza. In Italy, cat food already outsells dog food by value despite lower volumes, while surveys show buyers increasingly confused by product choice.
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