Sicily’s Iconic Lake Pergusa Drying Up Amid Severe Drought

Sicily, the Mediterranean island, is facing a severe drought that has nearly dried up its only natural lake, Lake Pergusa. This lake has long served as a vital resting station for birds migrating between Africa and Europe. The Italian government has declared a state of emergency over the crisis, which has devastated crops and desiccated […]

India’s Tea Prices Surge as Extreme Weather Disrupts Production

India’s tea prices have been soaring and are expected to remain high as heatwaves and floods during the peak harvesting season have slashed output in key producing regions. This is a welcome development for the beleaguered Indian tea industry, which has been struggling with rising production costs amid stagnant tea prices in the past decade. […]

Brazil Corn Exports Gather Pace as Soy Season Loses Momentum

According to the Brazilian grains traders lobby Anec, corn exports from Brazil are expected to pick up pace in July, reaching an estimated 3.4 million metric tons. This would represent a 2.4 million ton increase compared to June. The rise in corn exports comes as the soy export season is losing momentum. Soybean shipments are […]

Malaysia Palm Oil Stocks Seen Rising for Third Consecutive Month

According to a Reuters survey, palm oil inventories in Malaysia are projected to increase for the third consecutive month in June. The survey polled 12 traders, planters, and analysts. The key findings are: Palm oil stocks in Malaysia were estimated to reach 1.83 million metric tons, up 4.53% from May-end. Exports of palm oil products […]

China Says Probe into EU Pork Imports Will Protect ‘Stakeholders’

The Chinese government has launched an investigation into pork imports from the European Union, stating that the probe will aim to protect the rights and interests of “stakeholders”. According to the spokesperson for China’s commerce ministry, He Yadong, the investigation was initiated following a request from the domestic industry. The probe will look into pork […]

China Warns Prolonged Heatwave May Damage Rice and Cotton Crops

The China Meteorological Administration (CMA) has issued a warning that the prolonged heatwave expected in China’s eastern, central and southern regions in July could potentially damage the production of rice and cotton crops. According to the CMA, summer temperatures in regions including Zhejiang, Jiangxi, Hunan, Fujian, Guangdong, Guangxi, Gansu and Ningxia are expected to be […]

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