Feb 17, 2026. India’s dynamic spice industry is set to assemble in Kochi for the 9th edition of the International Spice Conference (ISC 2026), taking place from February 23 to 26 at Le Méridien. Hosted by the All India Spices Exporters Forum, the conference comes at a critical juncture when global trade uncertainties and tightening food safety regulations are reshaping export strategies. With annual exports exceeding $4 billion, India continues to hold its position as the world’s largest producer and exporter of spices. However, evolving tariff regimes and stricter sanitary and phytosanitary standards in major importing countries have prompted exporters to rethink their approach. Industry leaders acknowledge that even short-term tariff hikes can significantly affect sourcing patterns, pricing competitiveness, and profit margins, making diversification and value addition essential for sustained growth.
According to AISEF Chairman Emmanuel Nambusseril, the global trade environment has become increasingly compliance-driven and science-oriented. Exporters are now prioritizing laboratory validation, digital traceability systems, adherence to Codex and destination-country standards, and climate-resilient sourcing models. The conference aims to foster dialogue between regulators and industry stakeholders to ensure India remains competitive in this evolving landscape.
Adding strategic depth to the event, Amitabh Kant, former G20 Sherpa and ex-CEO of NITI Aayog, will deliver a keynote on transforming agro-industry through innovation and global leadership. Joining him, Martin Sonntag, CEO of Oterra, will address the future of collaboration, trust, and responsibility in food and nutrition systems.
Over the past year, Indian spice exports have encountered challenges including revised tariff classifications, reciprocal trade measures, and tighter Maximum Residue Limits (MRLs). Temporary duty escalations in certain markets disrupted cost structures and led to deferred orders and inventory build-ups. While partial policy corrections have offered some relief, exporters continue to adapt to enhanced pesticide scrutiny, mandatory traceability systems, and growing sustainability disclosure requirements. Industry representatives note that exporters are actively strengthening ties with ASEAN nations, West Asia, Africa, and emerging European markets to reduce dependency on traditional destinations. Simultaneously, investments in processing technologies, quality assurance, and stronger farmer linkages are helping build a more resilient and globally aligned spice value chain.
As Kochi prepares to host ISC 2026, the gathering signals not just a conference, but a strategic recalibration of India’s spice export ecosystem toward innovation, compliance, and long-term global leadership.
Feb 13, 2026: Australia’s almond industry is entering the new marketing year with expectations of a record-breaking crop, supported by favourable growing conditions, maturing orchards and solid production fundamentals. According to Tim Jackson, Chief Executive Officer of the Almond Board of Australia, the industry’s preseason estimate for the 2024–25 season stands at 166,891 tonnes, marking a 7 per cent increase over last year’s production and surpassing the previous record by more than 3,000 tonnes. With the new season officially commencing on 1 March, Jackson said the higher estimate reflects both improved seasonal conditions and the full production of newer plantings. He highlighted a combination of agronomic and structural factors driving the increase, including highly favourable growing weather, an excellent pollination period and the maturation of approximately 20,000 hectares planted during the 2017–19 expansion phase.
Last season’s price environment also provided encouragement to growers, with almond prices reaching their strongest levels in several years and holding relatively firm. However, Jackson identified currency fluctuations — rather than price — as the primary concern heading into harvest. Since export contracts are largely denominated in US dollars, the recent strengthening of the Australian dollar poses a direct impact on grower returns. He noted that even if global market prices remain stable, a stronger local currency reduces the value of export earnings when converted back into Australian dollars.
Harvest operations are now underway, with machinery already moving into orchards. Full-scale harvesting is expected within one to two weeks. Dry weather conditions leading into harvest have provided ideal operational circumstances for growers, ensuring smooth field access and efficient nut collection. However, prolonged dry conditions also carry implications for river storage levels and water pricing, creating a trade-off between harvest efficiency and longer-term water security.
Recent hot weather has also influenced the crop’s development, with higher temperatures likely to compress the harvest window as different almond varieties ripen closer together. Under normal dry conditions, harvest typically concludes by April, although any rainfall during this period could delay operations and create logistical challenges. While the outlook remains broadly positive, Jackson struck a cautious tone. He described the industry as “hopeful,” particularly regarding weather conditions through harvest. Rainfall during this critical period can disrupt operations and affect quality, prompting growers to closely monitor forecasts in the weeks ahead. With strong production prospects and expanding orchard maturity, Australia’s almond sector appears well-positioned for another milestone year, even as currency movements and water availability remain key variables shaping final grower returns.
Feb 13, 2026. The United States pistachio industry has wrapped up the largest harvest in its history, producing just over 1.5 billion pounds in the latest season. Although early projections had anticipated an even larger crop, robust international demand ensured that the record volumes were efficiently absorbed across key global markets, including India, Brazil, South Korea and several European countries.
According to Rich Kreps, board member of American Pistachio Growers and consultant with Ultra Gro, global consumption trends continue to favour pistachios due to increasing consumer preference for nutrient-dense foods. He noted that California’s production systems, which emphasize soil health management, efficient irrigation practices and comparatively lower pesticide and herbicide usage than many row crops, have enhanced the sustainability profile of American pistachios in international markets.
Despite ongoing global trade tensions and tariff barriers, Kreps observed that demand for premium tree nuts such as pistachios, almonds and walnuts has remained resilient. He emphasized that California growers continue to serve markets where nutritional value and product quality strongly influence purchasing decisions.
While domestic consumption within the United States has remained relatively stable in volume terms, the industry is undergoing a structural transformation. An increasing share of pistachios is now marketed as kernels rather than traditional in-shell products, reshaping conventional consumption measurements. At the same time, export demand continues to grow, supported by convenient packaging formats and expanded market access.
Water allocation remains a pressing concern for growers, particularly in California’s westside farming regions. Even after multiple winters of above-average reservoir levels, some producers began the season with allocations as low as 10 per cent. Kreps explained that uncertainty or delays in water distribution complicate crop planning and operational decisions, even when additional water is eventually released. He also pointed to the broader environmental and financial implications of water policy, noting the carbon sequestration benefits of permanent orchards compared to fallow land, alongside the economic strain growers face when paying for water that may not initially be allocated.
Looking ahead, Kreps stressed the importance of agronomic precision as pistachio acreage expands. Managing alternate bearing — the natural fluctuation between high and low yield years — is becoming increasingly critical, particularly for varieties such as Lost Hills and Golden Hills. He advocated a balanced fertility strategy that addresses more than 15 essential nutrients, rather than focusing primarily on nitrogen and potassium. According to him, stabilizing yields requires adaptive management built on soil testing, tissue sampling and water quality analysis, replacing traditional one-dimensional fertilization approaches.
The record-breaking harvest reflects the strength and resilience of the U.S. pistachio sector. Continued emphasis on sustainability, efficient water management and advanced agronomic practices is expected to support long-term stability and reinforce the industry’s expanding global presence.
Feb 12, 2026: India is poised for a significant rise in agricultural and organic exports to the United States following the recently concluded interim trade agreement, with a competitive 18 per cent tariff rate expected to give Indian exporters a decisive edge in the American market.
Speaking on the sidelines of BIOFACH 2026, Abhishek Dev, Chairman of the Agricultural and Processed Food Products Export Development Authority, said the new tariff structure places India in a highly competitive position compared to other exporting nations. He noted that Indian products are already competitive in terms of quality and pricing, and the lower 18 per cent duty will further strengthen their presence in the US market. According to him, the revised rate is likely to accelerate export growth in the coming months. Dev highlighted that India recorded a strong 30 per cent growth in organic agricultural exports to the US last year despite global trade challenges and periods of higher tariff impositions. He observed that American buyers continued sourcing from India even during uncertain times, reflecting the strength of established trade relationships. With the new agreement in place, he expressed confidence that exports from India to the US would witness a substantial surge.
India’s participation at BIOFACH 2026, the world’s largest organic trade fair, underscores its expanding global footprint in the organic sector. This year, India is participating as the partner country and has marked its largest-ever presence at the event, emerging as the biggest exhibitor among non-European nations. More than 100 Indian exhibitors, including large companies, Farmer Producer Organisations (FPOs), and individual operators, are showcasing their products. Dev expressed optimism that the meetings and discussions held during the event would translate into concrete export deals, ultimately benefiting farmers across the supply chain.
Industry leaders have also welcomed the development. Rohan Grover, CEO of Nature Bio Foods, described the reduced 18 per cent tariff as a promising move that will provide a fair and competitive platform for Indian exporters against Southeast Asian and other global competitors. He added that the agreement safeguards farmers’ interests while creating fresh opportunities for expansion in international markets.
With the global organic food market estimated at around USD 150 billion, India continues to consolidate its position as a leading supplier. The interim trade agreement with the United States is expected to further strengthen India’s role in global organic trade, opening new growth avenues for exporters and enhancing income opportunities for farmers.
Feb 11, 2026. India’s mustard production during the 2025–26 rabi season is expected to rise by around 10 per cent, supported by an increase in acreage across key producing states and largely favourable weather conditions so far, according to industry estimates and official data.
After registering a decline of over 4 per cent last year, mustard output is likely to recover strongly this season as farmers expanded sowing encouraged by better price realisation and improved soil moisture. Major mustard-growing states such as Rajasthan, Madhya Pradesh, and Uttar Pradesh have reported a notable increase in area under the oilseed.
Official data shows that mustard acreage has risen by 3.2 per cent to 89.36 lakh hectares, compared with 86.57 lakh hectares in the previous 2024–25 season. Production last year stood at 126.67 lakh tonnes, while the government has set an ambitious target of 139 lakh tonnes for 2025–26, reflecting confidence in the crop’s overall outlook.
Market analysts note that conducive temperatures and adequate soil moisture during the early and mid-growth stages have helped improve plant health and pod formation, raising expectations of higher yields per hectare. If weather conditions remain stable, the output gain could significantly boost domestic oilseed availability and help reduce edible oil imports.
However, there are emerging weather-related concerns. The India Meteorological Department (IMD) has forecast isolated hailstorms and rainfall in parts of north-west India due to an approaching western disturbance. According to IMD, hailstorm activity is likely over Jammu & Kashmir during January 26–27, and over Himachal Pradesh, Uttarakhand, western Uttar Pradesh, and Rajasthan on January 27.
Traders and farmers have expressed caution, as hailstorms during the flowering and pod-setting stage can cause physical damage to crops, potentially affecting yield quality and market arrivals in affected regions.
Despite these short-term risks, industry participants believe that overall mustard supplies are expected to remain comfortable, provided weather disruptions remain limited. Higher production could help stabilise mustard seed prices and support oil mill operations in the coming months.
Feb 10, 2026. The Government of India has intensified efforts to strengthen the country’s food processing ecosystem by incentivising the establishment and expansion of processing units across priority segments, including millets and indigenous superfoods such as makhana (fox nut). The initiative forms part of a broader strategy to enhance value addition, modernise infrastructure and boost exports of processed food products.
According to the Ministry of Food Processing Industries (MoFPI), while there are currently no exclusive provisions for nutraceuticals and functional foods under its schemes, the sector continues to benefit from comprehensive financial support extended through flagship programmes such as the Pradhan Mantri Kisan Sampada Yojana (PMKSY), the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), and the Pradhan Mantri Formalization of Micro Food Processing Enterprises Scheme (PMFME). These demand-driven schemes, which are not region-specific, provide financial assistance for infrastructure development and the establishment of value-added processing facilities across the country.
A major thrust area under PLISFPI is the Millet-Based Products (MBP) component, which has an approved outlay of ₹800 crore. So far, incentives have been sanctioned to 29 applicants — including eight large companies and 21 small and medium enterprises — with nearly ₹793.27 crore approved to support the manufacturing and marketing of millet-based products in domestic as well as export markets. The move aligns with the government’s broader objective of promoting millets as nutrient-rich, climate-resilient crops with significant commercial potential.
Under the PMFME scheme, millets and millet-based products have been identified as One District One Product (ODOP) in 21 districts across 11 states. As of December 31, 2025, approvals have been granted to 4,612 micro food processing enterprises engaged in millet processing, with subsidies amounting to ₹91.20 crore. In addition, 379 makhana processing units have received subsidies worth ₹12.81 crore nationwide, reflecting growing recognition of fox nut as a high-value indigenous superfood.
MoFPI stated that these schemes are designed to create modern food processing infrastructure, strengthen cold-chain networks, improve supply-chain linkages from farm gate to retail markets, enhance productivity, and reduce post-harvest losses. The initiatives are also expected to improve income opportunities for farmers and micro-entrepreneurs while expanding India’s footprint in global processed food exports.
The government further clarified that regulatory standards related to nutraceuticals and functional foods fall under the purview of the Food Safety and Standards Authority of India (FSSAI). However, financial incentives under MoFPI programmes continue to drive investment and capacity creation in emerging and value-added food segments.
With focused support for millets and traditional superfoods, the Centre’s push is aimed at building a more resilient, diversified and globally competitive food processing sector in India.
Nearly four years after imposing a blanket ban on wheat exports, the Government of India has approved the shipment of 2.5 million tonnes (mt) of wheat along with 500,000 tonnes of processed wheat products, citing comfortable domestic stock levels and a favourable production outlook. The decision marks a significant policy shift after commercial exports were halted in May 2022 to control rising prices and safeguard food security.
The approval follows a detailed review of domestic availability and price trends by the Ministry of Consumer Affairs, Food & Public Distribution. According to official estimates, wheat stocks held by private trade in the 2025–26 season stand at around 7.5 mt, nearly 3.2 mt higher than the same period last year. Additionally, wheat availability in the central pool managed by the Food Corporation of India is projected at about 18.2 mt as on 1 April 2026, ensuring that buffer stock norms will remain intact even after the permitted exports.
The government noted that higher stock availability, softening prices, expectations of increased production this season, and the need to prevent distress sales during peak arrivals prompted the calibrated move. Wheat acreage in the ongoing Rabi 2026 season has expanded to 33.42 million hectares, up from 32.80 million hectares last year, pointing towards another strong harvest. Final estimates released by the agriculture ministry for 2024–25 also indicate record wheat output of 117.95 mt, up by 4.65 mt over the previous year.
Officials stated that the export window will help stabilise domestic prices, improve market liquidity, ensure efficient stock rotation, and strengthen farmers’ incomes while fully safeguarding national food security. Retail wheat prices have remained stable, with the all-India average price recorded at ₹31.83 per kg on 13 February, slightly lower than ₹32.63 per kg a year ago.
India had banned wheat exports on 13 May 2022, amid concerns over reduced output due to a severe heatwave and rising global prices following the Russia–Ukraine conflict. Since then, only limited government-to-government shipments were permitted on humanitarian grounds, while commercial trade remained largely closed. In January this year, the Centre allowed restricted exports of wheat flour and related products—including atta, maida and semolina—under a tightly controlled authorisation mechanism, although these items technically remain under the “prohibited” category, requiring specific government approval.
Alongside wheat, the government has also allowed an additional 500,000 tonnes of sugar exports for the ongoing 2025–26 sugar season, over and above the 1.5 mt permitted earlier. The additional quota will be allocated to eligible sugar mills on a pro-rata basis, subject to the condition that at least 70% of the allocated quantity is physically exported by 30 June 2026. The move is aimed at managing surplus stocks and improving the cash flow position of mills.
Farmers have largely welcomed the decision, expressing hope that exports will support better price realisation in domestic markets. Growers say wheat prices have been relatively subdued compared to other crops, affecting returns. The reopening of exports, they believe, will boost mandi prices and strengthen farm incomes during the peak procurement season. With stocks comfortable, production prospects strong, and inflation under control, the government’s move signals renewed confidence in India’s wheat supply position while balancing farmer interests and food security priorities.