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Commodity and industrial market news — prices, production, trade and regulation — with expert analysis

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| Food & Beverages

Bakeries Account for 66% of Russia’s Flour Demand

Russia’s flour consumption is estimated at 10.15 million tonnes in 2026, with bakeries taking 66% of physical volume. Confectionery, pasta and other food manufacturers represent smaller but higher-value segments requiring specialized flour.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Turkey forecasts 50% rebound in barley output to 9 million tonnes

Turkey expects barley production to rise by 50% to 9 million tonnes in 2026 after drought reduced last year’s crop to 6 million tonnes. Better rainfall and higher procurement prices could ease feed costs and reduce pressure on import requirements.

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Fatima Al-Rashid
Logistics & Freight Analyst
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| Food & Beverages

Uruguay Seeks Wider Access to Vietnam’s Beef and Dairy Market

Uruguay is seeking wider access to Vietnam for beef, cattle products and dairy as it diversifies export destinations. Bilateral trade reached $268.42 million in 2025, but Vietnam’s imports from Uruguay fell 22.7% in the first half of 2026.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Australian dairy targets premium proteins as milk supply tightens

Australian processors are exploring protein powders, fortified beverages and yoghurt as milk protein availability declines. Rabobank says available milk protein has fallen by approximately 30 per cent since 2015, limiting volume growth in cheese and exports.

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David Okafor
Food & Beverage Analyst
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