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The Australian Bureau of Agricultural and Resource Economics and Science projects cotton production for 2025/26 at 1 million tonnes, a 16% decrease from 2024/25. Barley production for 2026/27 is projected at 14.1 million tonnes, a 15% decrease from 2

2026-06-02

The Australian Bureau of Agricultural and Resource Economics and Science projects cotton production for 2025/26 at 1 million tonnes, a 16% decrease from 2024/25. Barley production for 2026/27 is projected at 14.1 million tonnes, a 15% decrease from 2025/26. Canola production for 2026/27 is projected at 6.2 million tonnes, a 20% decrease from 2025/26. Wheat production for 2026/27 is projected at 26.7 million tonnes, a 26% decrease from 2025/26.

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2026-06-02

Bloomberg Economics, based on public data, estimates the Reserve Bank of India may have sold about $12 billion of gold reserves in the two weeks to May 22 while buying roughly $7.5 billion of foreign-exchange assets to shield its FX holdings from spi

Bloomberg Economics, based on public data, estimates the Reserve Bank of India may have sold about $12 billion of gold reserves in the two weeks to May 22 while buying roughly $7.5 billion of foreign-exchange assets to shield its FX holdings from spillovers of the Middle East war. Senior India economist Abhishek Gupta says the reported value of RBI gold reserves fell despite higher gold import tariffs, which he interprets as evidence of sales. As of end-March the RBI held 880.52 tons of gold, about 77% stored domestically.
2026-06-02

Zelenskiy said Russia launched 656 attack drones and 73 missiles overnight, including ballistic, cruise and anti-ship missiles. He warned the scale of the strikes shows attacks will continue unless Ukraine is protected from ballistic and other missil

Zelenskiy said Russia launched 656 attack drones and 73 missiles overnight, including ballistic, cruise and anti-ship missiles. He warned the scale of the strikes shows attacks will continue unless Ukraine is protected from ballistic and other missile strikes. He called on Europe to establish its own anti-ballistic missile defense and urged the US to provide missiles for Patriot air-defense systems, saying Kyiv expects partner support and an effective in response to today’s strikes.
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