The International Coffee Organization has raised its global coffee production forecast for the 2025/26 season, according to Strefa Biznesu. World coffee prices were broadly stable in August, but an improving supply outlook could change the market balance.
The International Energy Agency has lowered its projections for both global oil supply and global oil demand this year, with the reductions deeper than its earlier estimates, according to Kontan. Fuel prices rose sharply as the revised outlook was published. The volumes behind the revision were not detailed, leaving the direction of the implied stock balance open.
Sandoz says proposed US tariffs of 100% on imported generic medicines from 2028, rising to 200% a year later, could force suppliers to raise prices or withdraw products. The warning carries broad market implications because generics and biosimilars account for about 90% of US prescriptions.
Thailand is focusing on grading, fermentation and drying to improve the consistency and market position of cocoa grown in the south. The initiative aims to turn cocoa fruit into higher-value products, establish a recognizable Thai identity and give growers better access to buyers.
Kazakhstan has harvested more than 6.3 million tonnes of major crops excluding grain, including vegetables, melons, potatoes and oilseeds. The government expects the new harvest to support domestic supply and further development of the country’s agricultural export potential.
Ismea reports that the value of Italian rice area covered by insurance policies has reached almost €740 million, 12% more than in 2024, with about 75% of the surface insured against a national average of roughly 9% for crop production. Northern Italy concentrates 99.7% of insured value, while cover against catastrophic risks such as drought remains limited.
Raw sugar for October settled 58 points lower at 18.15 cents per pound in New York, while London white sugar fell 152 points to $523.10 per tonne, pressured by a drop of more than 2% in crude oil. The pullback reversed part of Thursday's gains, when oil rose 6.7%. Deficit forecasts from the ISO, StoneX and Czarnikow, plus a projected 17% fall in Thai output, keep the supply side supportive.
Iran has removed feed wheat from a prohibited import category and authorized purchases of up to 500,000 tonnes through the end of 1405. The measure is intended to offset barley shortages and ease feed-cost pressure, although its impact will depend on foreign-exchange allocation, delivery schedules and distribution prices.
Istat foreign trade data processed by Fruitimprese show Italian exports of unprocessed fruit and vegetables up 4.4% in value but down 3.4% in volume in the first half of 2026. Imports rose 7.1% in value, leaving a trade deficit of €20.4 million and an import surplus of 297,478 tonnes. Citrus was the weakest segment after cyclone Harry, while exporters face a 20-30% cost increase from war-related logistics.
Spanish farm organisation Unión de Uniones has asked European Union institutions in Brussels for measures to address a crisis in the rice sector. The group says the price paid to growers at origin has fallen by 40% and attributes the decline to competition from imported rice.
Cenergy Holdings said its steel pipes segment, Corinth Pipeworks, has been awarded a DESFA contract to manufacture and supply pipe for the Doubling of the High Pressure Branch project on the 218.5 km Karperi–Komotini route. The company will produce more than 200 kilometres of 30-inch helically welded pipe at Thisvi, Boeotia. The new parallel line is designed as hydrogen-ready, compatible with up to 100% pure hydrogen.
Diesel is available at the overwhelming majority of branded filling stations run by Russia's large oil companies in almost all regions, according to a market review by Rossiyskaya Gazeta. The visible constraint is not missing product but occasional limits on how much fuel one customer can buy at once. The review does not specify which regions apply the caps or how large they are.
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