Italy news — Vesper

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.

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.

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....

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 ...

Wheat and corn prices fall on lower crude and higher supply estimates

Wheat: bearish WASDE, US crop conditions deteriorating Euronext milling wheat dropped to EUR 194/mt from EUR 205/mt two weeks ago. Vesper's French wheat...

Olive oil market forecast 2026: production normalises after two volatile seasons, prices expected to hold broadly stable

Extra virgin olive oil prices (EXW Spain) peaked at around EUR 5,000/mt in November 2025, declined to EUR 4,300/mt in January, and have since risen back to...

Tomato paste market forecast 2026: Q2 expected stable, but California and energy risks loom for H2

The second quarter of 2026 is expected to see a modest softening in tomato paste prices relative to the firm levels observed at the start of the year. The...

High EU sugar stocks keep market under pressure

EU sugar stocks reach the highest level in three years as the beet campaign ends. Energy costs and global market developments remain key...

India's soybean oil duty cut set to reshape vegetable oil import dynamics

India's planned reduction in soybean oil import duties under US trade agreement expected to reshape procurement patterns and intensify competition across palm,

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...

Südzucker takes radical position with 15-25% beet reduction

Südzucker announces beet reductions of 15-25% as Tereos maintains contractual area unchanged. The diverging strategies could create discord...

European sugar processors announce 2026 acreage cuts following stock accumulation

European processors announce larger-than-expected acreage reductions for 2026 while Brazilian mills conclude early with 120 units finished...

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...

European sugar prices decline over 20% since May

European sugar prices have fallen over 20% since May to €475/tonne as exceptional harvest yields and evolving market dynamics reshape pricing

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

What a 50% US tariff could mean for Brazilian orange juice, coffee, and beef trade

US President Donald Trump’s threat to impose a 50% tax on all Brazilian exports could significantly affect global supply and pricing.

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...

Global biodiesel markets brace for impact as Trump imposes sweeping tariffs

New Trump tariffs of up to 54% on China trigger 44% retaliatory tax on US soybeans while threatening 2.5MMT of UCO imports.

Olive Oil Price Forecasts: Market Shifts as Stocks Deplete in Italy and Spain

Italian olive oil stocks are running low, prompting increased imports from Spain to meet demand. Discover the impact on olive oil prices.

European biodiesel prices are strengthening due to strong LSGO prices

Rising LSGO demand, geopolitical tensions, and potential Dutch HBE ticket policy changes are driving up European biodiesel prices, Vesper reports.

Germany allows HVO100 and B10 sales at gas stations, driving ARA biodiesels up

RME, UCOME, FAME 0, and HVO (UCO) prices have all soared in West-EU markets in response to Germany's B10 and HVO100 pump sales policy change.

Increased EU-28 sugar imports from Ukraine due to competitive prices

Discover how competitive prices are boosting EU-28 sugar imports from Ukraine. Vesper provides insights for your trading adjustments.

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...

Historical high sugar prices push buyers to source outside Europe

White sugar prices soar to historic highs in the EU, driven by shortages and rising energy costs, averaging 1,199 EUR/MT at the negotiation period.

Italy: Latte Trento give up fresh milk production

Latte Trento, who have been warning about soaring energy costs and the threat of milk shortages since January, say they no longer have enough raw material...

Italy: 25% of dairy farms at risk

The war in Ukraine and inflation will cost dairy farms in Italy an average of €90,129, with production costs up 111% in the first half of 2022 compared to...

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...