Codex Requests Comments on Recommended Pesticide MRLs
Codex Alimentarius has issued circular letter CL 2026/30-PR inviting Codex members and observers to comment on the MRLs proposed by the 2025 Joint FAO/WHO Meeting on Pesticide Residues (JMPR). The proposed MRLs include the following: INC members who wish to provide feedback on any of these proposed MRLs may do so by filling in this form before July 15, 2026. […]
Council of the EU Formally Adopts Tariff Regulation: 0% on US Dried Fruits and Quota for US Tree Nuts
On June 25, 2026, the Council of the European Union formally adopted legislation implementing the tariff elements of the August 2025 EU-US Joint Statement. In addition to setting customs duties at 0% for various dried fruits from the US, the legislation envisages a 500,000 metric ton tariff-rate quota for US tree nuts entering the EU market. The legislation […]
Oil Prices Fall as US-Iran Talks Ease Immediate Supply Concerns
Oil prices fell on June 22 after signs of progress emerged from US-Iran talks in Switzerland, easing immediate fears over supply disruption through the Strait of Hormuz. According to Reuters, Brent crude dropped after US Vice President JD Vance said progress had been made in the discussions and that the strait remained open, reversing earlier gains […]
Save the Date: INC Sustainability Certification Program Webinar Series
The INC is pleased to announce the INC Sustainability Certification Program Webinar Series, a global three-part webinar designed to introduce the industry’s first sustainability certification program. Designed for CEOs, Presidents, and senior executives across the global nut and dried fruit industry, the webinar series will explore how the INC Sustainability Certification can help companies strengthen credibility, build stakeholder trust, and gain a competitive advantage […]
Provisional Enforcement of EU MOAH MLs
Provisional Enforcement of EU MOAH MLs As noted in a previous INC update, in May 2026, the European Commission’s proposal on maximum levels for mineral oil aromatic hydrocarbons (MOAH) in food received a favorable vote at the Standing Committee on Plants, Animals, Food and Feed (SCOPAFF). Subject to scrutiny by the European Parliament and the […]
European Parliament Passes Tariff Regulation: 0% on US Dried Fruits and Quota for US Tree Nuts
European Parliament Passes Tariff Regulation: 0% on US Dried Fruits and Quota for US Tree Nuts On June 16, 2026, the European Parliament passed legislation implementing the tariff elements of the August 2025 EU-US Joint Statement. In addition to setting customs duties at 0% for various dried fruits from the US, the legislation envisages a […]
ECB Raises Rates by 25 bps as Inflation Pressures Persist Despite Weakening Growth Outlook
ECB Raises Rates by 25 bps as Inflation Pressures Persist Despite Weakening Growth Outlook The European Central Bank (ECB) has met expectations by raising interest rates by 25 basis points in the Eurozone. Unanimously, it has set the deposit facility rate at 2.25%, the main refinancing rate at 2.40%, and the marginal lending facility at […]
US Senate Agriculture Committee to Release Farm Bill Draft in June; Specialty Crops and Tree Nuts Covered
The US Senate Agriculture Committee is expected to release its version of the Farm, Food, and National Security Act of 2026 in June, with a committee markup planned later the same month, according to Committee Chairman John Boozman (R-AR). The House passed the US$390 billion, five-year bill on April 30 with a 224-200 vote—the farthest […]
EU Suspends Customs Tariffs on Nitrogen-Based Fertilizers for One Year
EU Suspends Customs Tariffs on Nitrogen-Based Fertilizers for One Year On May 22, 2026, the Council of the European Union approved a one-year suspension of customs duties on nitrogen-based fertilizers, including urea and ammonia, with an estimated savings of €60 million for EU farmers and the fertilizer industry. The suspension excludes imports from Russia and […]
The Fertilizer Crisis: A Supply Chain Wake-Up Call
The Fertilizer Crisis: A Supply Chain Wake-Up Call The near-closure of the Strait of Hormuz has sent global fertilizer prices to their highest levels since 2022, exposing a structural vulnerability in the agricultural supply chains. How the Crisis Unfolded: The current fertilizer shock traces its origins to late February 2026, when hostilities in Iran led […]