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.
French cooperatives Maïsadour and Euralis are planning a merger that would unite the Delpeyrat, Maison Montfort and Rougié brands, according to Les Echos. The tie-up would create a larger force in foie gras and smoked salmon, and rival Labeyrie is already adjusting its strategy.
Bunge has signed a five-year contract to deliver 1.5 million tonnes of certified soybean oil to Acelen Renováveis, a Mubadala Capital company. Deliveries begin in 2029 and will feed a biorefinery Acelen is building in Bahia for more than US$3 billion. Forbes Brazil describes it as South America's largest soybean oil contract.
New York raw sugar and London white sugar futures fell sharply, tracking weakness in crude oil. Lower oil prices reduce ethanol demand, pushing Brazilian mills to divert more cane into sugar and lift global supply. White sugar led the move lower.
Wine-industry bodies from Spain, France and Italy issued a joint appeal to the European Commission and their governments to keep wine a budget priority. They reject any CAP cut and oppose shifting wine aid to national co-financing, warning it would fragment the single market as the sector faces a sales and price crisis.
India, which imports close to 90% of its crude oil, is investing roughly ₹75,000 crore (about $9 billion) to expand refined-product capacity. The stated goal is record exports of petrol, diesel and other petroleum products and a move toward global leadership in fuel exports.
Unapproved herbicide-tolerant Bt cotton now covers a quarter to nearly a third of India's cotton acreage across seven States, up from about 15 per cent in 2019-20, according to industry figures cited by the USDA and reported by Frontline. Farmers buy the '4G' and '5G' seeds mainly for pest resistance after approved BG-II lost its grip on the pink bollworm. The Rs. 600 crore parallel market grew as India deregulated gene editing in 2022.
Rosselkhoznadzor has asked Kazakhstan's Ministry of Agriculture to suspend food-grade sunflower shipments to Russia until 1 January 2027. The request follows the discovery of a warehouse in Krasnodar Krai where 40 trucks of seed material entered disguised as food product, with inner labels pointing to parental seed lines from France and Chile.
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