Russian chocolate prices fell 1.7% from January through June to 1,527.87 rubles per kilogram after a decline in global cocoa prices. The relief may be temporary as cocoa and coffee quotations began rising in July, increasing the prospect of higher producer prices in the second half of 2026.
China’s instant coffee market grew from 22.1 billion yuan in 2020 to 86.5 billion yuan in 2025 and is projected to reach 159 billion yuan by 2030. Thailand’s trade promotion agency sees export opportunities in premium instant coffee, ready-to-drink beverages and products featuring Thai ingredients.
Brazil faces losing access to the EU beef market from 3 September 2026 after the bloc removed the country from its list of approved suppliers. The dispute concerns guarantees on antimicrobial controls and full traceability throughout an animal’s life.
Russia plans to commission 5.8 GW of solar and wind power capacity between 2026 and 2031. Neftegaz.ru reports that the additions would increase the country’s installed solar and wind capacity by almost 80%.
Russian state medicine procurement reached 676.1 billion rubles in the first half of 2026, up 43% year on year, according to Cursor data reported by Kommersant. Federal program tenders more than doubled to 176.2 billion rubles, while procurement from sole suppliers rose 83%.
Brazilian orange juice has maintained a $1.08 billion flow to the United States after being spared the broader 25% tariff. CitrusBR points to declining Florida production and notes that Brazilian suppliers already pay a duty of $415 per tonne.
Pakistan has secured access to China's maize market after Chinese customs published the quarantine rules governing the trade, according to Daily Times. The opening creates a potential new export outlet for one of Pakistan's major cereal crops.
Imports supply 80% of Indonesia’s milk needs, according to food official Hanif Faisol Nurofiq. The government plans to expand the dairy herd and align farmers with processors as its nutrition program increases demand.
Italy's Masaf has issued a circular barring producers from labelling any blend of virgin and extra-virgin olive oil as 'extra virgin'; the designation is now reserved for top-category oil. The move follows a roughly 50% price drop over a year in a market where imports far exceed domestic output.
India’s agriculture ministry has asked ICAR to develop a long-term plan for self-sufficiency in pulses and oilseeds. The roadmap combines higher productivity, crop diversification, climate-smart farming and faster delivery of research to farmers.
The International Grains Council expects world pea production to drop 13.5% to 15.7 million tonnes this season, led by smaller harvests in Russia and Canada. Consumption, ending stocks and trade are all set to decline, with weaker South Asian demand weighing on shipments.
The global soybean balance remains comfortable, supported by record Brazilian production and strong South American supplies. However, US yield prospects, El Niño, biofuel demand and the execution of Chinese purchase commitments could increase price volatility through September.
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