Rising demand for AI computing power is colliding with a slow-moving industrial supply chain for specialty steel, copper and qualified labour, Italy's Linkiesta reports. Long equipment lead times add to the strain. The bottleneck raises the risk of delays to data-centre construction.
Saudi Arabia appeared as guest of honor at the Fancy Food International fair in the United States with 13 national date companies. The campaign stressed quality and variety, with date exports already valued in the billions of riyals.
South Korea and Mongolia have reached an agreement in principle on a Comprehensive Economic Partnership Agreement that will remove tariffs on Korean consumer exports, according to Ajunews. Cosmetics, ramen and seasoned seaweed are among the products whose duties will be eliminated, strengthening the price competitiveness of K-food and K-beauty in Mongolia.
The Indian government on Friday defended its Ethanol Blended Petrol (EBP) program, saying it has saved ₹1.90 lakh crore (about $23 billion) in foreign exchange. Officials said the scheme has strengthened the sugar industry and raised farmer incomes, according to PTI.
Russia's Ministry of Agriculture will set export duties on wheat, barley and corn to zero from July 15 to 21 under the grain damper's indicative-price mechanism. The wheat levy had stood at 370.1 rubles per tonne since July 3, while barley and corn have been duty-free since April 15.
Indonesia's Ministry of Energy and Mineral Resources (ESDM) approved an additional coal production quota reserved exclusively for state utility PLN to secure power plant fuel and reduce blackout risk. PLN expects 1.8 million metric tons of extra coal in July and 3 million more through December, while retrofitting plants to run on lower-calorie coal.
The European and global market for live pigs and pork fell into a severe downturn in mid-2026. A combination of unfavourable trade conditions and rapidly rising EU pork production has pushed prices lower and squeezed farmer margins.
Flour prices in Karachi have moved well above official ceilings, with fine flour selling at 160-170 PKR per kilogram against a government cap of 135. Millers reject the mandated rates, citing sharp increases in wheat costs. According to The Express Tribune, the widening gap is deepening fears of a supply crisis.
A Special Investigation Team in Madhya Pradesh has arrested four people over the alleged diversion of subsidised Food Corporation of India rice meant for an ethanol plant. The grain, dispatched from a warehouse in Balaghat to a distillery in Chhindwara, is suspected to have been rerouted to private mills. The case draws attention to India's food-grain allocation and ethanol feedstock policy.
French cooperatives Maïsadour and Euralis are planning a merger that would unite the Delpeyrat, Maison Montfort and Rougié brands, according to Les Echos. The tie-up would create a larger force in foie gras and smoked salmon, and rival Labeyrie is already adjusting its strategy.
Bunge has signed a five-year contract to deliver 1.5 million tonnes of certified soybean oil to Acelen Renováveis, a Mubadala Capital company. Deliveries begin in 2029 and will feed a biorefinery Acelen is building in Bahia for more than US$3 billion. Forbes Brazil describes it as South America's largest soybean oil contract.
New York raw sugar and London white sugar futures fell sharply, tracking weakness in crude oil. Lower oil prices reduce ethanol demand, pushing Brazilian mills to divert more cane into sugar and lift global supply. White sugar led the move lower.
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