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| Food & Beverages

Germany Faces a Smaller Grape Crop and a Persistent Wine Surplus

Germany's wine sector is going into the new season with a below-normal grape harvest while cellars still hold more wine than the market absorbs. Millions of litres of older wine are to be taken off the market. The combination leaves growers with less volume to sell and no price relief.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

Water depletion in southern Spain puts Europe's fruit and vegetable supply at risk

Southern Spain supplies roughly a quarter of Europe's fresh fruit and vegetables, but the aquifer under Doñana National Park is being drained by decades of irrigation and thousands of illegal wells. Spanish authorities have sealed nearly 300 wells and agreed a €1.4 billion recovery plan, while growers switch to drip irrigation and less thirsty crops.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

India's Kharif Acreage Shifts Away From Maize and Soybean Toward Pulses and Millet

Sowing area for maize, soybean, paddy, cotton and sugarcane fell this kharif season in India, while urad, tuar, bajra and sunflower gained ground, according to Agriculture Ministry data presented at the National Rabi Conference. The first advance production estimate, normally out by end-September, has slipped to mid-October because around 10 states including Maharashtra have not filed their crop estimates.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

India’s Tea Trade Calls for Fixes Before Nationwide Smart Auction Rollout

The Tea Trade Association of Cochin has asked the Tea Board to address technical and operational flaws before fully implementing a smart digital auction platform for tea sales across India. The industry wants the system to improve price transparency without disrupting trading operations.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Vietnam's cashew exports reach $3.37 billion in eight months as China and US buying grows

Vietnam shipped 477,894 tonnes of cashew kernels worth $3.37 billion in the first eight months of 2026, with volume down 0.9% and value up 2.8% on higher prices. China and the United States together spent more than $1.54 billion and now account for 45.6% of export volume, while Vietnam's share of the Canadian market slipped to 80.7%.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Monsoon damage and weaker harvest cut Himachal Pradesh apple supplies

About 11.4 million boxes of apples have reached markets in Himachal Pradesh this season, down from 17.6 million at the same point last year. Statewide monsoon losses exceed ₹30 billion, while the government is considering a higher procurement price under its Market Intervention Scheme.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

India cuts edible-oil import duties as rice and pigeon-pea prices rise

India has lowered import duties on crude and refined edible oils as rising rice and pigeon-pea prices increase concern about food inflation. The tariff changes reduce import costs, while El Niño poses a potential risk to monsoon rainfall and domestic crop yields.

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Yusuf Demir
Senior Trade Policy Analyst
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| Logistics & Freight

Record Caspian freight rates stall Kazakh barley exports to Iran

Kazakhstan’s barley exports to northern Iran are stagnating as vessel shortages push freight from Aktau to a record $74 per tonne. Suppliers are redirecting sales toward China and Central Asia, while wagon shortages and stronger domestic demand add pressure to grain prices.

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Fatima Al-Rashid
Logistics & Freight Analyst
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| Textiles & Consumer Goods

Russian Chamber of Commerce reports continued growth in the country's packaging industry

The Chamber of Commerce and Industry of the Russian Federation says packaging remains one of the most actively developing segments of Russian industry, driven by domestic manufacturing, online trade and changing consumer habits. The assessment, reported by mkset.ru, newsnn.ru and tagilcity.ru, contains no output or market-value figures. The growth of marketplace logistics is reshaping demand for corrugated board, film, labels and converting equipment.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Food & Beverages

US Ice Cream Makers Covering Over 90% of Output Pledge to Drop Artificial Colors by End of 2027

Ice cream manufacturers representing more than 90% of US output have committed to removing permitted artificial colors from retail products by the end of 2027, under a voluntary IDFA programme announced in July 2025. Progress was reviewed at a USDA meeting attended by Agriculture Secretary Brooke Rollins and Health and Human Services Secretary Robert F. Kennedy Jr. Parallel school nutrition commitments on colors and added sugar have already been completed.

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Isabella Romano
Lead Food & Beverage Analyst
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