Mining and Energy Union members staged a 12-hour strike on July 10 at Peabody Energy's Metropolitan coking coal mine in New South Wales, according to Metal.com. It is the latest in a series of stoppages at the operation. A single half-day strike is unlikely to move prices, but repeated action signals unresolved bargaining.
The USDA now estimates the United States will import up to 1,152,000 tonnes of Mexican sugar in the 2026/27 cycle, a 512% jump over the prior estimate. Mexico's government says the increase follows bilateral talks and could add up to 4,760 million pesos in payments to cane growers.
Crude palm oil tender prices in Indonesia firmed again on 9 July, with CPO Franco Kuala Tanjung set at Rp15,600/kg, while fresh fruit bunch prices in North Sumatra held at high levels. Malaysian benchmark futures also rose slightly to RM4,615/tonne, supported by firmer vegetable oils and crude oil.
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.
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