Italy’s Chamber of Deputies approved the €1.14 billion Coltiva Italia bill without opposing votes. The measure directs €970 million to food-sovereignty programs supporting livestock, olive oil, cereals and plant proteins, but still requires final Senate approval.
Egypt’s food industry exports reached $3.77 billion in the first half of 2026, up 11% year on year. Ten leading markets accounted for about $1.65 billion, with Spain recording the fastest growth.
Bank of Baroda expects India’s retail inflation to be around 4.5% in July 2026 as prices of edible oil, rice, pulses and onions rise. Better vegetable arrivals are providing some relief, while higher input costs remain a risk to the wider inflation outlook.
September soft red winter wheat on CBOT rose to $235.98 per tonne on 5 August 2026 after Algeria bought about 720,000 tonnes at around $289 per tonne C&F. Corn fell 5 1/2 cents on a NOAA forecast of 1 to 4 inches of rain across the Corn Belt, while soybeans eased. The European Commission cut its EU soft wheat crop forecast to 124.4 million tonnes.
Innolux and AUO are closing, selling or repurposing older LCD facilities as investment shifts toward OLED, Micro LED and advanced chip packaging. TrendForce expects their combined monitor-panel share to fall below 10% by 2028, while Chinese producers consolidate their position.
The Global Dairy Trade price index rose 0.1% at the 4 August 2026 auction, its first positive signal in months. Lactose and cheese prices strengthened, while butter, anhydrous milk fat and buttermilk powder declined.
Brazil’s cattle market entered 2026 with firm prices as slaughter-animal supply and demand moved closer to balance and the exchange rate supported beef competitiveness abroad. Poultry, pork and egg production are also forecast to grow, although sanitary restrictions and access to major markets remain decisive risks.
Initial harvesting in Castilla-La Mancha indicates that grapes are weighing less, raising concern about the region’s final yield. The early evidence does not yet establish the size of any production decline.
Pulse prices in India have increased by as much as 6% after reduced kharif sowing tightened the market outlook. The central government is considering releasing pulses from its buffer stock, while El Niño is also raising concerns about the coming rabi crop.
Daily use of tobacco and related products among EU residents aged 16 or older declined to 16.5% in 2025 from 17.5% in 2022. Spain and Luxembourg recorded the largest reductions, while Croatia and Lithuania posted the strongest increases.
An Indian parliamentary committee has discussed ways to improve commercial coal mining, including the 15th coal mine auction and greater private-sector participation. The deliberations are tied to a production goal of 1 billion tonnes, although no implementation timetable or auction results were provided.
Wildfires have ravaged more than 42,000 hectares of maritime pine forest in Landes and Gironde, adding pressure to a French timber sector already weakened by the construction downturn. France commercially sells 39 million m³ of wood a year, worth an estimated €3.6 billion in 2025.
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