Industry news & Vesper highlights
California almond shipments outperformed expectations in March. Total shipments reached 257.99 million lbs, well above industry estimates of around 225 million lbs and up 16.5% versus last March’s 221.37 million lbs. Pre-report expectations had been conservative due to geopolitical tensions in the Middle East and ongoing weakness in domestic shipments. Exports lead the month Export […]
...
The US peanut market has reversed in recent weeks. The concern has shifted from oversupply to whether growers will be...
European and New Zealand SMP prices climbed again this week, with the latest GDT auction confirming the move. NZ SMP...
The global whey protein market opened the Q3 purchasing window at fresh highs, with WPC80 once again pushing the complex...
Raw sugar prices extended their climb over the past week. The NY11 July contract closed at a one-month high of...
Vegetable oil prices moved higher across most of the complex last week, supported by higher Brent crude prices and continued...
London July cocoa futures have risen by approximately 10% over the past two weeks, driven by FMCG buying tied to...
The European Commission’s Management Committee for sugar voted on April 30 to partially suspend Inward Processing Procedure (IPP) imports for...
Indian spice markets are showing a consistent pattern across the complex this fortnight. Supply is tight, sometimes severely so, but...
European and North American cheese markets are broadly stable this week, but the underlying tone is slightly bearish. Milk production...
