Why a strong El Nio leaves tropical commodities acutely exposed
Forecasters anticipate a strong El Nino developing later this year, likely boosting global temperatures and disrupting rainfall patterns. This poses significant risks to soft commodities like cocoa, coffee, and sugar, particularly those grown in tropical regions. Past El Nino events have historically led to reduced yields and price surges for these crops.
BRICS and the new geography of agri-trade
Indias BRICS chairship in 2026 comes as agricultural trade faces new challenges beyond tariffs, including climate shocks, food-price volatility, fertiliser supply disruptions, sustainability requirements and digital traceability standards. With BRICS now accounting for nearly half the worlds population, around 40% of global GDP and $1.17 trillion in intra-group trade, agriculture has become a strategic area for cooperation.
Guwahati Tea Auction Centre sets new benchmark for quality tea prices
Guwahati Tea Auction Centre achieved record prices for quality tea. Deckiajuli Tea Estate sold premium CTC leaf at Rs 1,103 per kg. Sotai Tea Estate tea also reached a new high of Rs 889 per kg. Over 65,000 kg of tea sold above Rs 400 per kg. The Assam Government offers subsidies for orthodox tea.
