After months of milk deliveries running well above prior-year levels, late-June heat cut German output 3.7% in calendar week 26, according to ZMB. France fell harder, down 10.9% week-on-week. Skimmed milk concentrate, industrial cream and skimmed milk powder are all commanding higher prices.
The European Commission has published the terms of the fourth European Hydrogen Bank auction, offering €500 million in subsidies for renewable hydrogen production. Winning projects must ensure at least 75% of their electrolyzer components come from outside China, capping Chinese suppliers' share of the subsidized market.
Arnaud Petit, Executive Director of the International Grains Council, told CNBC-TV18 that India's rice crop remains resilient enough to keep export volumes steady despite climate risks. He flagged El Nino as the main threat to global grain production and discussed the outlook for corn and soybeans.
US energy-technology firm Latitude Energy and Indonesia's Danantara signed a memorandum of understanding on 8 July 2026 to explore a coal gasification project using TRIG technology. The deal supports Jakarta's coal downstreaming push and aims to turn low-calorie coal into domestic syngas to cut import reliance.
Export prices for Asia's top rice suppliers moved in opposite directions over the past week, according to vietnambiz.vn citing Reuters. Indian offers rose on a higher OMSS floor price, Thailand fell to 450 USD/tonne, and Vietnam held steady at 445-450 USD/tonne.
The agriculture office of Temanggung Regency in Central Java expects robusta coffee production in the 2026 harvest to drop 40 to 60 percent versus a normal season. High rainfall during flowering caused blossoms to fall and raised the risk of fungal disease. Farm-gate prices remain broadly stable at around Rp58,000 per kilogram for dry coffee.
France's grain corn crop rating fell to 47% good-to-excellent in the week to 6 July, down from 57% a week earlier, the lowest reading in more than 15 years. Persistent drought is behind the decline in the EU's largest corn producer.
The European Commission opened a formal anti-dumping investigation into duck meat imports from China on 9 July, according to the Financial Times and the South China Morning Post. The move extends the EU–China trade dispute beyond electric vehicles into agriculture and raises the risk of reciprocal measures in food trade.
Iraq lifted its purchases of Vietnamese rice by 132.4 times year-on-year, entering Vietnam's top 15 export markets, according to the Vietnam Food Association. Traders link the shift to military conflict disrupting Thai rice shipments into the Middle East. Vietnam's overall rice exports still fell in value as Philippine demand paused.
Australia and New Zealand are moving to make the Health Star Rating mandatory for packaged foods, a change Spanish producers and the EU fear will penalise olive oil and table olives. Australia is the seventh-largest buyer of Spanish olive oil, taking 72% of its imports from Spain in 2024-2025. A Greek MEP has asked the European Commission whether the measure breaches WTO rules.
Average day-ahead electricity prices across the zone tracked by Energy Solution reached €98.81/MWh in June 2026, up 8.4% from May. A heatwave drove cooling demand while 17 countries posted prices above €100/MWh.
The Ukrainian government is preparing additional security measures for gas stations in frontline regions as Russian strikes on fuel infrastructure intensify. Official Yulia Svyrydenko said current fuel volumes are sufficient and there is no shortage, according to tsn.ua. More than 150 stations have burned down in attacks over the past two months.
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