Dairy producers articles

How the Middle East conflict reshaped US dairy commodity prices in weeks

When war broke out in the Middle East in March 2026, oil surged, supply chains scrambled, and dairy prices moved in ways that had...

US NFDM prices surged 90% in five months. Here's what's next.

From $1.18/lb in early December 2025 to a record of $2.2625/lb on May 4, 2026. The rally pushed NFDM to its highest level in 12 years.

Inside the CME spot call: from daily settlement price to a forward-looking price forecast

How CME spot call prices work, who in US dairy relies on them, and how Vesper visualizes the same data alongside a forecast.

How the rise of GLP-1 is reshaping the dairy protein industry

How GLP-1 weight loss drugs are reshaping dairy protein demand and whey pricing: what buyers, sellers, and traders need to know.

The US dairy herd replacement math that should worry every buyer

The US dairy herd is at its largest since 1993. But replacement heifer inventory just hit a record low. The math behind today's milk...

US butter stocks hit a 17% deficit despite record production. Here's what happened.

US butter production hit all-time highs in 2025 and early 2026. Stocks still fell 17% below prior-year levels. Read how record exports and...

US dairy's growing export dependency: what it means when the world buys your surplus

US dairy exports hit record levels across cheese, butter, and whey in 2025. That growth created a dependency that tariffs, currency...

The US dry whey market in 2025: How China tariffs and a protein boom pulled prices in opposite directions

Why the US dry whey market in 2025 was caught between trade tariffs with China and a protein boom. Here's the month-by-month breakdown.

US Butter Prices in 2025: From $2.50 to $1.45 in 12 Months

US butter prices fell 42% in 2025 as record milk fat production collided with weakening global demand. Here's the month-by-month story.

US cheese in 2025: 27% price drop in 12 months

How record US cheese production, new facility capacity, and European competition created a 27% price decline in 2025. A Month-by-month view.

US NFDM in 2025: How tariffs and global oversupply crushed the most export-dependent US dairy product

A month-by-month breakdown of why US NFDM and SMP prices collapsed in 2025 despite lower production. Tariffs and structural shifts explained.

How GLP-1 reformulation trends can impact your bottom line and how to quantify it with cost models

How GLP-1 trends are reshaping food reformulation, shifting ingredient costs, and procurement strategies for food products.

Behind the rollout of Vesper’s new marketplace for dairy trading: 10 Questions with Sebastiaan Laurenceau

Seb Laurenceau reveals how Vesper onboarded 100+ dairy companies to their digital trading platform, the challenges faced, and user feedback.

Why Vesper built a marketplace for dairy trading: 10 Questions with Alexander Sterk

CEO Alexander Sterk reveals why he built a digital marketplace for dairy trading, how 100+ companies made the switch, and his vision for '30.

Euronext to use Vesper Price Index in new Dairy Futures contracts

Vesper is excited to announce the launch of Euronext Dairy Futures contracts, settled on the Vesper Price Index for Butter and SMP, going live in 2026.

Dairy procurement in 2025: Why it feels like hitting a moving target

Dairy procurement has never been straightforward, but 2025 presents a unique challenge: the market feels like a constantly moving target.

Fonterra’s approach to commodity risk, index pricing and the future of dairy

Discover how Fonterra’s President of Global Ingredients, Richard Allen, deals with volatility in the global dairy market.

Global dairy markets in flux: US tariffs, European FMD, and supply chain disruptions

Discover how new US tariffs, European FMD, and currency shifts are reshaping global dairy trade, from cheese exports to lactose market tightness.

Dairy Café Recap: Key 2025 Dairy Market Insights and Trends

Discover key 2025 dairy market insights, including trends, FMD impacts, New Zealand production. Stay ahead with actionable updates.

2024 Cheese Market Resilience Amid Dairy Volatility: Trends, Challenges, and 2025 Outlook

Explore the 2024 cheese market's resilience amid dairy volatility, production growth, supply challenges, and the outlook for 2025.

New Partnership with eDairy News

We’re excited to share our new collaboration with eDairy News, a leading global dairy news platform, bringing fresh market insights.

The Limitations of Using SMP to Estimate MPC70 Prices – Vesper’s New MPC70 Price Benchmark Offers the Solution

Discover how Vesper is bringing transparency to MPC70 pricing, helping businesses make informed decisions with reliable, up-to-date data

Navigating the Complex World of Dairy Commodities with Marc Perathoner from FrieslandCampina

Join Marc Perathoner from FrieslandCampina as he explores dairy market trends, pricing strategies, and industry challenges.

From Risk Management to Sustainability: A Deep Dive into Dairy Trading with Interfood’s CCO, Edwin van Stipdonk

Explore Edwin van Stipdonk's strategies for managing risks and promoting sustainability in the dairy trading market, from Interfood's CCO.

Top 7 Insights into US Dairy Market Trends: Prices, Production, and Forecast for 2024

In the global agriculture market, the US dairy market stands out as a global powerhouse, both in terms of production and consumption.

Vesper Partners with Stable, Integrating Independent Price Benchmark for Enhanced Risk Management

We are thrilled to announce our new partnership with Stable, the global leader in supply chain insurance, and what it means for procurement teams.

Exploring the impact of farming practices on the global dairy market - 10 questions with Philipp Goetz, Head of Sales and Business Development at IFCN

Dive into the impact of farming practices on the global dairy market in our in-depth interview with Philipp Goetz of IFCN.

Effective Dairy Price Tracking: Top 3 Strategies

Stay ahead of the market and discover three key strategies for effective dairy price tracking, explained in this article.

Non-Fat Dry Milk: 2023 Market Recap and 2024 Outlook for the US market

Explore a 2023 market recap and 2024 outlook for Non-Fat Dry Milk (NFDM) and Skim Milk Powder (SMP), covering key US market trends and forecasts.

5 key drivers of milk production output: the cornerstone of the dairy supply side

Explore the five pivotal factors influencing milk production volumes. Check out historical milk production trends, supported by Vesper's data.

Exploring European Trade Agreements for dairy commodities – 10 questions with Jukka Likitalo, Secretary General at Eucolait

Explore the European Dairy Trade Agreements with Jukka Likitalo, Secretary General at Eucolait, in this insightful interview.

Dairy producers