Ireland news — Vesper

US butter, cheese and milk powder prices converge near $1.50

Butter, both cheese grades and NFDM are trading within cents of $1.50 a pound on the CME board, a rare level of convergence.

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.

Cheese markets soften under weight of peak milk supply

European and North American cheese markets are broadly stable this week, but the underlying tone is slightly bearish. Milk production in both regions is...

US egg prices fall below production cost while Europe stays tight

The post-Easter global egg market is moving in two opposite directions. US market in oversupply In the United States, supply has rebuilt strongly after last ...

European cheese markets turn softer at the start of Q2

After a firm Q1 in which strong export demand kept European cheese markets relatively tight, the balance of power is shifting at the start of Q2. High...

European dairy market forecast 2026: milk, butter, smp, wmp, swp, cheeses

The European dairy market in 2026 is not one market, it's a collection of very different stories depending on which product you're buying. Some categories...

European raw milk forecast: strong flush adds supply pressure across dairy markets in H1 2026

European raw milk production delivered strong volumes throughout 2025, with output accelerating particularly in the second half of the year. That momentum...

Dairy markets firm on scarce offers and strong export demand

A shortage of offers is pushing butter and SMP prices higher across Europe, the US, and Oceania. Here's what's driving the moves and what...

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...

Euronext to use Vesper Price Index in new Dairy Futures contracts

Vesper is excited to announce the launch of Euronext Dairy Futures contracts, to go live in 2026 (subject to regulatory approval). These contracts will...

European cheese markets join widespread dairy price declines as buyers retreat

European cheese markets drive widespread dairy price declines as buyers delay purchases. Cheddar, Gouda, Mozzarella, and Emmental...

Tracking Trump’s US agri-commodity trade tariffs

US President Donald Trump is set to implement taxes as high as 50% on agricultural imports unless deals can be negotiated before August 1.

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

European cheese markets show mixed signals as Q2 ends

European cheese markets face inventory pressure as Q2 winds down. Mozzarella prices fall to €4,150/mt, cheddar drops 20%, while Emmental holds steady.

European cheese markets enter summer calm after Q3 trading activity

European cheese markets enter summer calm as Q3 trading activity slows. Cheddar, emmental, gouda, and mozzarella prices stabilize amid buyer-seller standoff.

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

POME Market Update: Price Movements and Regulatory Changes

The latest insights on BMD Crude Palm Oil prices, Malaysia's palm oil stocks, and rising POME prices and Indonesia's new export regulations.

Highlights on the Oils & Fats market: Stability after a year of war?

As the war in Ukraine officially lasts now more than a year, a new player on the chess board might be involved soon; China. US officials have intelligence...

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...

Ireland: Belview Dairy Plant finally breaks ground

Following two years of exhaustive planning appeals, and judicial reviews the Glanbia / Royal A-Ware cheese plant at Belview, Co Kilkenny, finally broke...

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...

Ireland: JANUARY MILK PRODUCTION DOWN 4.1%

Despite December milk supply down 1%, the first year-on-year decline since quotas were lifted, Ireland exceeded 2020 milk production by 5.5% last year....

Ireland