Pricing

Log in Free trial

Full Archive

Industry news & Vesper highlights

European butter builds up while US milk powder holds the global floor

21-05-2026

Jasper Endlich

The global dairy market is running two distinct stories. In milk protein, tightness remains the headline, particularly in the US where NFDM is trading at historically expensive levels and spot availability is difficult. In milkfat, the direction is the other way: European butter production is strong, stocks are building, and the Q2 to Q3 outlook […]

...

Filter by:

WPC80 prices at record levels as new protein demand grows faster than supply

Sugar’s 2026/27 deficit is confirmed, but the size gap between forecasters is enormous

Coffee futures fall to $2.64 as US demand weakens and Brazil’s record crop approaches

Vegetable oils track Brent higher as El Nino and Hormuz tensions set the agenda

Germany’s RED III adoption and higher energy prices lift European biodiesel sharply

Basmati paddy is gone at Indian trading centres; mills are paying up for what remains

Ocean freight rates jump on early peak season while Hormuz stays shut for most

Grains slip on US-China summit disappointment despite tight wheat supply underneath

El Nino shifts Cocoa Week London from bearish demand to cautious supply concern

India’s spice markets have a supply story, but buyers aren’t listening yet

NFDM domestic demand jumped 178% in Q1 as US dairy markets diverge

Coffee fails to break range despite fresh spec buying

Imported beef hits a record 23.4% of US supply in Q1

Food and beverage costs face a second wave of commodity pressure

European cheese prices rise as Q3 buyers return

European eggs cool while the US flips from scarcity to surplus

Vegetable oils ease with Brent on stalled Iran-US talks

Cocoa rallies 30% in a week on short-covering and crop risk

US broiler supply keeps climbing while breast meat demand cools

California almond shipments beat March expectations, Turkey absorbs Middle East rerouting

Try Vesper for your team

Start your 7 days trial. No credit card needed.

Start free trial