Industry news & Vesper highlights
April placements of cattle on feed reached 1.70 million head, up 5.5% from a year earlier, the largest year-on-year increase since July 2024, according to USDA’s latest Cattle on Feed report. The result ended a streak of 10 consecutive months in which actual placements ran below model-implied estimates, with the cumulative shortfall during that period […]
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The global dairy market is running two distinct stories. In milk protein, tightness remains the headline, particularly in the US...
The whey protein market is running an unusual experiment: higher prices are attracting both more supply and more demand simultaneously,...
The International Sugar Organization published its first estimate for the 2026/27 crop year this week, projecting a global sugar deficit...
Coffee futures dropped to $2.64 per pound this week, with the most active July contract losing 18.1 cents. The market...
Brent crude rose from $104 to $112 per barrel over the week, and vegetable oil markets moved with it. The...
European biodiesel markets moved substantially higher in May. FAME 0 rose from $1,382 to $1,500 per tonne compared to the...
India’s basmati paddy supply has effectively run out at every major northern trading centre. Arrivals at Haryana, Punjab, Uttar Pradesh,...
Container spot rates from Shanghai to Northern Europe rose 11% this week. Rates to the Mediterranean were up 20%. The...
The US-China summit delivered less than the grains market was hoping for. No new commitments to purchase US soybeans, no...
