Russia’s vegetable-oil market reached 903 million liters in January-June 2026, up 10% year on year. Domestic producers supplied about 99% of the market, while sunflower oil accounted for 85% of production.
Turkey’s state grain board TMO will begin purchasing 2026-crop in-shell hazelnuts through an appointment system. Prices are set at 255 lira per kilogram for Giresun-quality round hazelnuts and 250 lira for Levant-quality nuts, subject to an intake limit of 100 kilograms per decare.
Wheat futures declined across major US exchanges on August 21, while Chicago corn and soybean contracts advanced. Strong old-crop corn sales and new soybean business, including 712,000 tonnes for China, supported oilseed and feed-grain prices.
Russia will raise its wheat and meslin export duty by 291 rubles to 1,012.1 rubles per tonne from August 26. The higher charge will increase exporters’ costs and could affect Russian offer prices, while the corn duty will more than double and barley will remain duty-free.
The Cavendish supplies 99% of global banana exports but is highly exposed to Tropical Race 4, a soil-borne fungal disease. Researchers are testing resistant plants, gene editing and wild banana genetics as they seek commercially viable replacements.
Spain’s imported banana volumes rose 14.5% to 241,582 tonnes in the first half of 2026, outpacing sales of Canary Islands bananas. Low farmgate prices and rising import penetration are intensifying pressure on island growers.
ICE cotton futures reached 89.30 cents per pound, their highest level in 28 months, as weather risks and a projected global production deficit supported prices. USDA estimates cited by Ekonomi Gazetesi put consumption at 122.9 million bales and production at 117.6 million bales.
Russian flour production is forecast to grow by 1.5–2.0% year on year under the baseline scenario for the fourth quarter of 2026 and 2027. ZOL.ru expects wholesale EXW prices to rise by 3.0–4.0% and retail prices by 4.0–5.0%, with harvest conditions, financing costs and regulation determining the final outcome.
Argentina’s easing import restrictions and growing interest in Korean culture are opening new routes for Korean food suppliers. K-Food exports to the country reached $9.6 million in 2025, up 87% year on year, as products gained space in major retail chains.
Russian hard-coal shipments to South Korea have risen to their highest level in three years, according to the supplied report headline. The available material does not disclose shipment volumes, values or the period covered by the comparison.
Berlin-based HMS is expanding coal and industrial commodity trading across Africa and Asia while Germany prepares to exit coal by 2038. The company reported revenue above €1.2 billion in 2025 and is targeting €2 billion this year as global coal production reaches a record 8.5 billion tonnes.
Industry estimates cited by Business Standard put India's edible oil import spending at close to 1.75 trillion rupees in the current oil year, about 9 per cent above last year's record. Domestic oilseed output keeps rising, but consumption is growing faster and imports still cover more than half of national demand. The article argues the binding constraint is pricing and procurement policy, not seed technology.
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