Russia's ferrous metallurgy ended the first half of 2026 with pig iron smelting down almost 6 percent year on year and steel output also lower, according to Rossiyskaya Gazeta. Sales have become the acute problem for most plants, including in the Urals, pushing producers toward import substitution. Up to 75 percent of flat stainless rolled product used in Russia is still supplied from abroad.
Falling Bordeaux exports to China, crisis distillation in Germany and slower winery sales point to broad pressure across the European wine industry. Bulk-wine producers face the greatest difficulties, while differentiated bottled-wine businesses remain more attractive to buyers.
Solar assets accounted for 52% of Spanish energy mergers and acquisitions in 2025, according to A&M. The sector recorded 73 transactions, 30% fewer than in 2024, Europa Press reported.
Italy’s Chamber of Deputies approved the €1.14 billion Coltiva Italia bill without opposing votes. The measure directs €970 million to food-sovereignty programs supporting livestock, olive oil, cereals and plant proteins, but still requires final Senate approval.
Egypt’s food industry exports reached $3.77 billion in the first half of 2026, up 11% year on year. Ten leading markets accounted for about $1.65 billion, with Spain recording the fastest growth.
Bank of Baroda expects India’s retail inflation to be around 4.5% in July 2026 as prices of edible oil, rice, pulses and onions rise. Better vegetable arrivals are providing some relief, while higher input costs remain a risk to the wider inflation outlook.
Innolux and AUO are closing, selling or repurposing older LCD facilities as investment shifts toward OLED, Micro LED and advanced chip packaging. TrendForce expects their combined monitor-panel share to fall below 10% by 2028, while Chinese producers consolidate their position.
September soft red winter wheat on CBOT rose to $235.98 per tonne on 5 August 2026 after Algeria bought about 720,000 tonnes at around $289 per tonne C&F. Corn fell 5 1/2 cents on a NOAA forecast of 1 to 4 inches of rain across the Corn Belt, while soybeans eased. The European Commission cut its EU soft wheat crop forecast to 124.4 million tonnes.
The Global Dairy Trade price index rose 0.1% at the 4 August 2026 auction, its first positive signal in months. Lactose and cheese prices strengthened, while butter, anhydrous milk fat and buttermilk powder declined.
Brazil’s cattle market entered 2026 with firm prices as slaughter-animal supply and demand moved closer to balance and the exchange rate supported beef competitiveness abroad. Poultry, pork and egg production are also forecast to grow, although sanitary restrictions and access to major markets remain decisive risks.
Initial harvesting in Castilla-La Mancha indicates that grapes are weighing less, raising concern about the region’s final yield. The early evidence does not yet establish the size of any production decline.
Pulse prices in India have increased by as much as 6% after reduced kharif sowing tightened the market outlook. The central government is considering releasing pulses from its buffer stock, while El Niño is also raising concerns about the coming rabi crop.
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