Markets
Where what we eat comes from, and who gets paid along the way.

Italy's olive oil prices halve as Europe's harvest grows
Extra virgin prices in Italy have fallen by roughly half in a year as record stocks pile up and a bigger regional harvest pushes the whole market lower.
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World Truffle Auction returns to Grinzane Cavour on 8 November
The charity sale that closes Alba's truffle fair moves to its 27th edition at the UNESCO-listed castle, a year after its top lot sold for €110,000 to a buyer in Hong Kong.

Bacalhau tops €21.82 a kilo as Portugal heads into Christmas
Weekly tracking from consumer group DECO PROteste puts salt cod 36% above last year, as Norway and Russia cut the Barents Sea cod quota to its lowest level since 1991.

Alba's white truffle fair runs to December in its 96th year
The World Truffle Market, chef-led dinners and cooking classes keep the Langhe hills busy through December 6, as this year's harvest finds its price.

Parmigiano Reggiano's US sales grow 7.6% despite tariffs
Exports to the United States reached $340 million in the first five months of 2026, the consortium says, even as fake "parmesan" still dominates American cheese counters.

Spanish olive oil prices slide as farmers demand storage rule
Extra virgin trades below €3.20 a kilo at origin, and Spain's four big farm organisations want Madrid to order mills to hold back part of a 1.6-million-tonne crop.

Italy's olive oil stocks surge as new harvest floods in
Italian reserves are up 47% on last year just as Spain and Greece start pressing a bigger 2026 crop, pushing early prices down across the Mediterranean.

Nigeria food inflation: food prices fall 1.55% in September
Headline inflation eased to 14.63%, a third monthly decline, while the annual food rate barely moved. In Lagos markets, maize and pepper got cheaper and tomatoes dearer.

Norwegian seafood exports stall despite record salmon volume
Norway shipped 165,393 tonnes of salmon in September, more than in any month before, yet a stronger krone and a 67% fall in mackerel left the total flat at NOK 17.8 billion.

Philippine inflation hits 7.2% as rice and vegetables surge
Consumer prices rose 7.2% in September, the fastest since March 2023. Rice is up 20.3% on the year, and the Department of Agriculture has earmarked 45 billion pesos for El Niño.

Feria Nacional del Mole opens in Mexico City's mole town
San Pedro Atocpan, on the capital's rural southern edge, says it makes 60 per cent of Mexico's mole. Its 49th fair runs to 25 October with 23 restaurants and 17 producers.

Conxemar 2026 brings 800 seafood exhibitors to a full Vigo
The frozen seafood fair runs from 6 to 8 October after a FAO congress on trade, AI and traceability. Last year's edition closed €831.7 million in deals, and the venue has no space left.
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