South Africa’s citrus industry has lowered its 2026 export forecast to 205.3 million 15-kilogram cartons from 209.4 million. Flooding in major producing provinces, Middle East disruption, port congestion and rising shipping costs have weighed on the season.
Cow and buffalo milk prices in Maharashtra will rise by ₹2 per litre from August 11 following an industry association decision. Dairies cited higher diesel, packaging and milk procurement costs, while dairy product prices may increase by up to 10%.
Persistent extreme heat has temporarily reduced shipments of spinach, young radish greens and cucumbers in South Korea. Wholesale prices for major vegetables reached record highs at the end of last month, increasing the cost of everyday side dishes.
Cinco Dias reports that Anheuser-Busch InBev has reaffirmed its leadership of the global beer market through its football World Cup sponsorship and reached its highest level in seven years, with a 34% gain in 2026 and 78% of analysts recommending a buy. A study by IWSR cited by the same publication forecasts growth in canned and ready-to-drink alcoholic beverages at the expense of traditional categories such as wine. The move comes as Spanish beer volumes fall and European brewers manage cost, capacity and leadership changes.
Crude palm oil futures on Bursa Malaysia Derivatives are expected to face profit-taking next week, Bernama reported on August 8. Concerns about the US trade conflict are weighing on market sentiment.
An understanding between Iran and Oman has not removed the risk of continued disruption around the Strait of Hormuz. Elevated crude prices are increasing pressure on India, which is paying a heavy import bill even while purchasing less oil.
Polish food processors are assessing Vietnamese shrimp and spices as potential inputs for products sold in Poland. One Polish beef producer has visited shrimp farms in Vietnam to evaluate supplies for shrimp burgers, Vietbao reported.
Coca-Cola Perú and Arca Continental Lindley will invest $1 billion over five years to expand and modernize production, operations, distribution and market service in Peru. The companies also plan water infrastructure in Pucusana and support for communities affected by El Niño Costero.
Turkey exported $2.2 million worth of apples to Russia in June, 3.8 times the May value and 8% more than a year earlier. Despite the monthly increase, first-half shipments fell 27% year on year to $3.3 million.
Catupiry has signed an agreement to acquire Lactojara Laticínios, which comprises Leprino Foods’ Brazilian operations. The deal would add a Paraná mozzarella plant and milk collection network to Catupiry’s portfolio, although the source gives conflicting information on its antitrust status.
Factory-made diamonds from China and India are gaining ground in jewelry as prices for natural stones fall. Lab-grown stones now reportedly feature in 61% of US engagement rings purchased, challenging the natural-diamond trade’s pricing and authenticity model.
Vietnam exported a record $1.12 billion of fruit and vegetables in July 2026, the sector’s first month above $1 billion. EU sales reached about $214.4 million in the first half, supported by strong demand for processed products.
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