Russia's pork exports exceeded 190,000 tonnes in the first half of 2026, up 8% year on year, according to meatinfo.ru. China drove the gains with a 55.2% jump in purchases, while Belarus remained the largest single buyer at 66,100 tonnes. Poultry, beef and live-animal shipments also expanded.
Ukraine produced almost 31 million tonnes of corn in 2025, close to half of the EU's roughly 60 million tonnes, according to BFMTV. As Brussels reopens membership talks with Kyiv, French maize producers warn that Ukrainian accession could put 2.9 million tonnes of French corn and 663 million euros of revenue at risk by 2030.
Brazil's boi gordo (fed-cattle) market turned weaker this week amid soft domestic beef consumption, according to Globo Rural. Deals were scarce and quotations pressured, while some slaughterhouses cut Saturday shifts and trimmed schedules to avoid meat stocks.
Rosstandart has approved a package of new and updated GOST standards for yogurts, whey-based drinks, drinking milk, butter and soft cheeses. Dedicated standards for children's yogurt and whey drinks take effect on 1 January 2027, while butter and soft cheese rules follow on 1 January 2028, with a stronger focus on anti-falsification checks.
Rabobank's second-quarter outlook, analysed by AHDB, projects world milk supply growth easing to around 1% in 2026 from 3.1% in 2025. Falling farmgate prices and rising energy, fertiliser and interest costs are squeezing dairy margins across the main exporting regions.
Maize prices in India have slipped about 24% below the Minimum Support Price (MSP) as record arrivals meet weak demand and gaps in official procurement, according to BusinessWorld. The decline is squeezing farm incomes and rural spending across producing regions.
Vietnam's 5% broken rice climbed to 445-450 USD per tonne from 410-415 the previous week as the Philippines moved to build reserves before the storm season and domestic supply stayed tight. Thai prices fell to 465 USD after Manila paused buying, while Indian offers edged higher on crop worries, according to danviet.vn.
Assam's FY 2026-27 state budget introduces a first-ever subsidy for export-oriented, quality CTC tea and raises the orthodox tea subsidy under ATISIS 2020 from Rs 10 to Rs 15 per kg. The Tea Association of India called the budget progressive and forward-looking for the sector.
China harvests tens of millions of tons of tomatoes each year, far ahead of India, Turkey and the United States, according to Media Indonesia citing Food Republic. Much of that crop becomes paste and puree, and China exports millions of tons of tomato paste annually to Africa, the Middle East and Europe.
A roughly 3.5% weekly drop in the rial's free-market rate revived inflation expectations in Iran, driving gains across eight of nine deposit certificates traded on the Iran Mercantile Exchange. Bitumen led with a 17% jump, partly on Brent crude volatility, while gold bullion and gold coin certificates rose 5% and 4% as global gold held near $4,100 an ounce. Zinc ingot was the sole decliner, down 1%, amid global oversupply and weak Chinese construction demand.
Mining and Energy Union members staged a 12-hour strike on July 10 at Peabody Energy's Metropolitan coking coal mine in New South Wales, according to Metal.com. It is the latest in a series of stoppages at the operation. A single half-day strike is unlikely to move prices, but repeated action signals unresolved bargaining.
The USDA now estimates the United States will import up to 1,152,000 tonnes of Mexican sugar in the 2026/27 cycle, a 512% jump over the prior estimate. Mexico's government says the increase follows bilateral talks and could add up to 4,760 million pesos in payments to cane growers.
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