France news — Vesper

Black Sea deadlock lifts wheat, corn and barley

MATIF wheat and corn climbed again as Black Sea talks stalled and Egypt's wheat arrivals fell 75% year-on-year. Vesper's Q3 view stays sideways to up.

India's duty-free sugar imports lose their appeal

India approved 1 MMT of duty-free raw sugar imports, but mills may take only half of it. EU output is set to fall almost 20% as drought hits beet yields.

Butter surplus grows while dairy protein markets tighten

Butter is piling up across Europe, the US and New Zealand while SMP tightens on strong demand, pulling dairy markets in two very different directions.

Europe's beet crop drought pushes buyers toward imports

Drought has left Europe's beet crop unrecoverable in places, and Vesper estimates the EU and UK may need 3.4 million tonnes of sugar imports this season.

Europe's egg prices turn higher while the US market cools

European egg prices are rising into autumn restocking while US wholesale prices fall as supply rebuilds, with Polish disease losses tightening Europe's flock.

Brent's rebound lifts palm and soybean oil as Europe bakes

Brent crude's rebound to around $87 a barrel is lifting palm and soybean oil, while a European heatwave threatens France's corn crop.

Europe's sugar beet crop has run out of time to recover

Drought has pushed EU beet yields in France, Belgium, the Netherlands and the UK past recovery, weeks before harvest starts.

Egg markets diverge: Europe steadies while the US rally unwinds

Europe's egg market has stopped falling while the US posts its first broad weekly decline of its rally, and egg powder is now pricing off a different cycle.

Wheat prices ease despite an unresolved Black Sea problem

Wheat pulled back this fortnight even though the Black Sea disruption remains unresolved, while corn, barley and soybean each moved on their own drivers.

Butter and milk powder markets test their stock cushion

Heavy production has left butter, SMP, and WMP stocks well supplied, and the second half of the year will show how much of that cushion gets drawn down.

Black Sea disruption and EU heat lift wheat and corn to multi-year highs

Euronext milling wheat and corn jumped to multi-year highs as Black Sea shipping attacks and a European heatwave hit crops heading into harvest.

Spain's Newcastle disease outbreaks nearly triple; Brazil braces for an EU ban

Newcastle disease outbreaks nearly tripled in Spain in two weeks while Brazil faces an EU poultry export ban from September, tightening the supply outlook.

Heat stress builds for EU sugar beet as growers lock in low prices

A prolonged heatwave is stressing EU sugar beet just as growers lock in disappointing new-crop prices, raising the risk of factory closures in 2027.

Heatwave lifts Euronext corn to a multi-year high

Heat damage puts French corn on course for a 26-year low, lifting Euronext corn to a multi-year high while wheat eases on strong harvest progress.

Poultry week 28: heat losses in Europe, record exports from Brazil

A record heatwave cut European poultry supply while Spain's Newcastle Disease cases and Brazil trade tensions add risk. Vesper's week 28 poultry view.

Vegetable oils hold steady while Brent slips and Europe overheats

Vegetable oils held firm even as Brent slipped to $73. Palm oil rose on strong Malaysian exports, while a heatwave trimmed the EU rapeseed crop outlook.

Hot weather lifts EU grains while US futures slip

Europe's grain markets firmed over the past two weeks as hot, dry weather raised worries about yields, even as US futures fell under harvest pressure and a...

A new-crop tender resets EU sugar price expectations

A single tender has shaken assumptions across the European sugar market. A multinational bought 2026-27 sugar at €530 DDP delivered to its EU factories, a...

European sugar: buyers and sellers dig in on new-crop prices

The market for 2026/27 European sugar has settled into a standoff. Buyers are holding around the €530 mark depending on volume, while sellers are trying to...

Thai rice up 25%, wheat swings 40 EUR in a month: grains reprice across the board

Thai rice prices rose between 16 and 25 percent in May, with parboiled rice A1 leading the move from 220.73 to 275.61 USD/mt. But the month was not only a...

Brazil loses EU poultry access from September; the authorisation body meets too late to fix it

The European Commission has confirmed that Brazil will not be permitted to export poultry meat and animal products to the EU from 3 September 2026. The...

Record May temperatures lift European grain futures as US crop weather eases CBOT

European and US grain markets moved in opposite directions this week. Euronext milling wheat climbed to EUR 214/mt from EUR 213/mt at the previous report,...

European cheese markets ease into summer lull as Q3 demand completes

European cheese prices edged higher over the past few weeks on seasonal temperature gains and Q3 forward buying, before stalling last week as the bulk of...

Südzucker's sugar division posts €177 million loss as S&P turns negative

Südzucker confirmed that its sugar division recorded an operating loss of €177 million in 2025/26, compared to a €13 million loss the year before, as...

European eggs cool while the US flips from scarcity to surplus

The European egg market is starting to ease from its post-Easter highs, but the correction is uneven. Caged and standard eggs are softening as Eastern...

US milk powder shortage pulls EU and Oceania SMP prices higher

European and New Zealand SMP prices climbed again this week, with the latest GDT auction confirming the move. NZ SMP surpassed $3600/mt at the event, and...

Nordic Sugar to close Porkalla refinery, first EU standalone closure since end of quotas

Nordic Sugar has announced the closure of its standalone refinery in Porkalla, Finland, with raw sugar refining to be moved to the company's beet factory....

Sugar retreats from March highs on easing geopolitical risk

Global prices pull back The Sugar No. 11 raw price stood at $13.88/lb and No. 5 white at $424/mt as of April 14. The reversal reflects bearish underlying...

Variable spring weather disrupts EU sugar beet drilling, area down 7% year on year

Conditions for beet drilling have been uneven across northern Europe this spring, adding uncertainty to the EU sugar supply outlook heading into the 2026/27 ...

EU sugar beet farmers face higher costs as energy prices climb

European sugar beet growers are heading into the 2026 planting season with a more challenging cost environment, as diesel and gas prices rise in the wake of ...

Fuel surcharges climb and containers pile up as Strait of Hormuz disruption deepens

The ongoing blockade of the Strait of Hormuz is creating mounting pressure across global ocean and air freight markets, with emergency fuel surcharges...

Record Brazilian exports push global poultry prices lower

Global poultry markets are heading into the final week of March under a broadly bearish price signal, with both Brazilian and Thai origins posting...

Weather anomalies raise risks across key sugar regions

Unusual weather patterns across Europe, Brazil, India and China raise production risks for sugarbeet and sugarcane as temperature and...

Grain prices rise on Middle East conflict, with wheat, corn and soybeans all moving higher

Grain markets moved higher over the past two weeks, with the Middle East conflict the most significant driver. Wheat, corn, barley, and...

European poultry market remains under pressure after brief February recovery

A brief price recovery in February driven by the return of school meals and salary arrivals has not reversed the broader downward trend in...

European sugar producers feel the squeeze as market prices stay low

European sugar producers report heavy losses as low market prices bite Meta description: Tereos and Südzucker have both reported...

Polish chicken prices fall as Avian Influenza outbreak triggers 2.79 million bird cull

Poland reports 22 Avian Influenza outbreaks with 2.79 million birds culled, driving Polish chicken prices down 3.7% while French prices...

Container shipping rates drop ahead of Chinese New Year as demand falls short

Spot rates dropped double-digits on Asia-Europe and Asia-America routes in late January as Chinese New Year demand surge failed...

European sugar producers face mounting losses as Süedzucker reports €136 million deficit

European sugar producers face mounting losses with Süedzucker posting a €136M deficit and Nordzucker losing €56M as depressed prices...

EU egg market faces structural supply pressure as avian influenza culls and trade restrictions tighten availability

Empty shelves across Austria, Germany and France signal structural supply tightness in EU egg markets. HPAI culls, slow restocking

Egg markets face dual pressure from avian flu outbreaks and rising energy costs

Germany reports 25 farm cases, France 33 infections, Netherlands culls 62,000 hens as Arctic weather increases heating demand with sharp...

Global milk production overwhelms demand, timing mismatches amplify market pain

US cheese prices hit 2025 lows while butter spread to retail exceeds $2.77/lb as strong milk production from US, Europe, and NZ...

European sugar producers cut beet area in emergency move

Suedzucker offers €10/tonne premium to cut 2026 beet area as European sugar prices drop to €425/tonne. French growers battle virus yellows...

Record yields drive European sugar producers to cut 2026 output

Major European sugar producers announce significant production cuts for 2026 as record yields and elevated stocks create supply pressures.

European sugar producers face break-even crisis with prices at €450

European sugar prices fall to €450 ex-factory beet belt, forcing producers toward break-even. Analysis of current market values and...

EU considers 300% expansion of Ukrainian egg import quotas amid food safety concerns

EU weighs 300% expansion of Ukrainian egg import quotas as antibiotic residue detections raise food safety concerns.

Global grain surplus puts buyers in control as sellers compete for market share

Record wheat, corn, and barley harvests force sellers to compete for market share. Analysis of grain market dynamics and pricing...

Dry European weather and China frost risk test global grain outlook

European grain regions face dry conditions while China's corn belt braces for frost. Latest global crop production analysis shows stable...

European sugar prices fall below import parity amid 2025 harvest season

European white sugar prices for 2026 delivery have fallen below import parity as harvest progresses. Analysis of pricing dynamics...

Polish sugar beet growers earn €52.55 per tonne, highest in Europe with EU subsidy support

Polish sugar beet farmers receive €52.55/tonne, Europe's highest compensation with EU subsidy support. Analysis of competitive impacts on...

Raw sugar futures recover as Brazilian mills eye ethanol production shift

Raw sugar futures bounced back to $16.1/lb as Brazilian mills signal potential pivot to ethanol production. European yields exceed forecasts..

European whey protein concentrate hits price ceiling as production declines persist

WPC80 prices stabilize at €12,150/mt in Europe while US markets climb higher. Production down 10%+ across regions as processors...

EU sugar prices tumble €25 per tonne as harvest outlook brightens

European sugar markets experienced a sharp correction this week, with prices falling approximately €25 per tonne across the EU beet belt as exceptionally...

Brazil lifts sugar production to five-year high while Europe faces oversupply

Brazil’s Center–South mills pushed sugar output to the highest early-August level in five years, with 55% of cane directed to sugar.

Dairy fat prices correct lower as milk production increases globally

Global dairy fat prices face downward pressure from record milk production while whey protein markets enter tight Q4 purchasing window.

Sugar prices drop to 16 cents as Brazil's Center-South production picks up pace

Sugar prices decline to near 16 cents/lb driven by Brazil's Center-South production increase and potential Indian export expansion.

Global cheese prices slip as summer demand weakens across Europe and US markets

Global cheese markets soften as European summer holidays reduce demand while production remains steady - cheddar, gouda, mozzarella, emmental

August 1 dairy tariffs set to reshape US import markets as European butter hits €7,000

July 21, 2025 - Vesper Market Intelligence With August 1 rapidly approaching, the impending dairy tariff increases are creating significant market tension...

Biodiesel prices rebound after sharp decline on Middle East ceasefire

Biodiesel markets recover from ceasefire-driven selloff as European regulations reshape HVO and UCO demand.

Sugar prices under pressure as global surplus expectations dominate market sentiment

Global sugar surplus drives prices lower despite European beet acreage cuts and drought stress. Raw sugar hits $17.2/lb.

European cheese market update: Buyers find no bargains as demand surges

European cheese consumption surges 16.91% YOY, driving unexpected price increases despite peak production. Get the latest on cheddar, gouda, emmental and mozzar

Sugar market analysis: Short-term volatility amidst long-term pressure

Vesper's latest sugar market analysis reveals short-term price support from Brazil's 53% production drop, while long-term bearish pressure looms from India and

Key Drivers Behind the Rise in European White Sugar Prices and What to Expect in 2025

Explore the latest European white sugar prices, the key factors behind their rise, and what to expect in 2025.

The Global Impact of Foot and Mouth Disease (FMD) on the Dairy Market

Explore the impact of Foot and Mouth Disease (FMD) on the global dairy market, from price shifts and buyer preferences to trade bans.

Global Sugar Market Update: Pressure on global prices persists

Pressure on global sugar prices, production declines in Brazil & Europe, and the outlook for 2025. Stay informed with Vesper.

Biodiesel Market Update: Key Trends Driving Price Dynamics

The biodiesel market is experiencing notable shifts, with key factors shaping pricing and demand trends across regions. Biodiesel Prices Decline Amid Softer ...

European Sugar Market Update: Is This the Optimal Buying Window for European Buyers?

European Sugar Market Update: Is Now the Optimal Buying Window? Discover the latest on Europe’s sugar beet yield forecast...

Sucrose Levels Are Falling Below the 5-Year Average in Parts of Europe Due to Unfavorable Weather Patterns

Heavy rainfall and humidity in Germany and France are causing sucrose levels in sugar beets to fall below the 5-year average.

Canadian Canola Shipments Rise Amid Chinese Buyers' Uncertainty Over Antidumping Investigation

Canadian canola shipments surge amid Chinese antidumping concerns, as MATIF rapeseed prices rise and ICE Canola holds steady. Explore the market impact.

Rapeseed complex is stronger w-o-w on weather worries

Discover how adverse weather conditions in key regions are driving up rapeseed and canola prices. Explore the latest price increases here.

Dairy Market: European liquids prices are through the roof, with cream reaching extremely high

Discover the latest trends in the European dairy market. Declining milk production and more buyers influencing butter, SMP, and WMP prices.

Dairy Market Update: Fluctuations in Liquid Milk Prices

Understand the trends affecting raw milk, cream, SMC, and whey concentrate prices, and discover the implications of regional price variations

EU Sugar Production Forecast for 2024/2025, including Pricing Insights

Stay ahead with our EU Sugar Production Forecast for 2024/2025. Get insights into beet cultivation, market trends, and price indices.

European crop faces delays as main producers grapple with flooding and above-average rains

Explore the latest challenges in North West Europe's sugar harvest due to storms and saturated ground.

Big differences are starting to occur between European countries

Significant variations have emerged among European countries in terms of milk production. While the latest data indicates that EU28 milk production has...

France/World: Alpro, Nutricia, Danone dairy to merge

Danone are working towards merging Alpro, Nutricia and Danone Dairy into one business unit, also prompting a new category vision for dairy in which...

EU: official butter prices static

Zero changes to official butter prices in the three EU reference countries (Germany, France and the Netherlands) left the overall EU average for wholesale...

EU: July milk production – signs of recovery

July milk production was down 0.5% in the EU, and up 0.4% from the previous month, according to the European Commission’s Milk Market Observatory. Of the...

EU: May Milk Production Up 0.8%

May milk production in the EU-27 was up 0.8%, according to the European Commission. May deliveries were up 4.0% in Ireland, up 2.5% in Italy, up 2.3% in...

EU: PRODUCT MANUFACTURE FOLLOWS MILK DOWN

The European Commission has confirmed January milk production in the EU down 0.7%, with Ireland down 4.1%, the Netherlands down 2.7% and Germany and France...