Tariff exemptions have sent prices of orange juice crumbling in markets amid new fruit sugar content regulations in the United States. In cash markets, traders on August 6, 2025 had quotations maximizing at $2.3595 a pound, a US¢0.65 daily loss. On the 5th, futures had recorded a slim daily contraction by -0.27% to $2.36 a pound and then $2.34 on...
Nigeria on August 5, 2025 began exploring sugar production self-sufficiency through a roadmap by the National Sugar Development Council (NSDC). Addressing a delegation from the All Farmers Association of Nigeria (AFAN), the NSDC’s Executive Secretary Kamar Bakrin tabled several remedies to revamp output. The first of these is to unlock production potential via private investments...
Florida will flag off its commercial spiny lobstering season on August 6, 2025, a week after the mini-season ended. This is unlike 2024 when the two seasons had a nearly two-week gap. Regulations remain similar to those of the 2024 calendar run in the ensuing eight lobstering months, till March 31, 2026. Size limits are minimum...
Malaysia on August 2, 2025 unveiled the electronic-Port State Measures (e-PSM) system to monitor foreign tuna fishers in its marine fisheries. This system adheres to the world’s Fisheries Act of 1985 that regulates illegal, unreported and unregulated (IUU) commercial fishing. The rule comes despite the fact that the Southeast Asia country has not ratified the...
Home processing of camels’ milk is turning a page for Somalia courtesy of pioneer yogurt plants supplying supermarkets in Mogadishu. According to the Associated Press on August 3, 2025, Beder Camel Farm has created the first niche yogurt dairy in the country. Hitherto, milk from the humped animals rarely trickled out to cold storage retailers due to...
Angola in July 2025 welcomed successive corn/maize (Zea mays) and soybean investments across 130,000 acres by two companies from China. According to Bloomberg, Citic Construction Co. will invest $250 million in cereal/oilseed cultivation on 100,000 acres of land, up to 2030. The trailblazing Sinohydro company also inked a $100-million contract to construct a large grain...
The summer wheat harvest is ongoing across Europe amid bleak production and price outlook for major exporters, Russia and Ukraine. In Ukraine, low export prices have exacerbated the situation and forced farmers to stockpile for a better day. Hence, shipments were just 1/3rd of their usual progress this time of the year by July 25, 2025. ...
The municipal authorities of the populous city of Iligan in Northern Mindanao, south-east Philippines have reinstated normal food prices after early 2025 surges. According to the PIA News on July 31, 2025, prices of rice, fish and vegetables are undergoing suggested retail price (SRP) controls. Retail rice valuation dropped from a January-May 2025 peak of 59-60 pesos...
U.S.’ President Donald Trump on July 30, 2025 enforced 50% tariffs on 47.4% of imports from Brazil including lobster, effective August 6. In the executive order, some 43.4% of imports, inclusive of Embraer planes and orange juice, escaped tariffs. But it is bilateral seafood trade for key frozen commodities from sea bream to lobster that has attracted...
Coffee orders by Russia from Indonesia between January and May 2025 have eclipsed corresponding 2024 imports by 10 times. A July 30, 2025 report reveals that coffee shippers in Indonesia earned $33.4 million from dispatches to Russia in these five months. This is versus $3.4 million in a mirror timeline in 2024. Shipments from Russia’s third biggest...