Japan news — Vesper

India's Diwali buying lifts almond exports while sales slow

US almond exports rose 31% in August, led by India at 170%. August sales fell 25% and uncommitted 2026 crop inventory more than tripled on last year.

China buys less dairy but more cheese and butter

China's dairy imports fell 3.7% in milk equivalent this year while its cheese and butter buying rose about 18%. See where US suppliers gained ground in Asia.

The audit ends a day after Brazil loses EU poultry access

New EU antimicrobial rules took effect on 3 September and the audit of Brazilian producers finished on the 4th. Brussels has set no timeline to restore access.

China's tissue mills keep running machines despite thin margins

EMGE's latest Tissue Market Highlights show China running new capacity even at thin margins, while demand eased across Western Europe and North America.

North America paperboard tightens while Western Europe stays soft

Paperboard markets diverged through spring, with Western Europe staying weak, North America showing early recovery and Asian demand continuing to grow.

Food and beverage costs face a second wave of commodity pressure

Oil has held above $100 a barrel through May, but the bigger story is funds rotating out of crude positions and into agricultural commodities instead.

Cheese markets soften under weight of peak milk supply

European and North American cheese markets are broadly stable but the tone is bearish, with milk near its seasonal peak leaving cooperatives few options.

Australian beef exports hit near-record volumes in March 2026

Australia's beef exports hit 149,973 tonnes in March 2026, up 33% year on year and the second-highest monthly total on record, on broad-based demand.

Global cartonboard demand ends 2025 flat as regional trends diverge sharply

Global cartonboard demand grew 1% in December 2025, leaving full-year growth at zero, though the flat headline masks sharp divergence between regions.

European chicken market forecast 2026: prices fall on Brazilian import increase, avian flu risk persists

European chicken prices have fallen sharply since the ban on Brazilian poultry was lifted, as exports from Brazil to Europe more than tripled from November.

Walnut market forecast 2026: abundant California supply offers buyers a favourable window

California's 2025 walnut crop came in at 801,432 inshell tons, 13% above the USDA estimate, leaving prices below production cost for many growers.

Australian beef exports rise as tight US supply boosts demand

Australian beef exports rose 11% year on year in February to 130,884 tonnes, as tight US cattle supply and a 42% price discount lifted global demand.

How the Middle East conflict is moving commodity markets

As the Middle East conflict disrupts the Strait of Hormuz, Brent crude tops $105, find out how it's moving prices across commodity markets.

Paperboard markets diverge as Western Europe softens and North America holds firm

Western European cartonboard and containerboard markets continued to soften in November 2025, while North America held firm.

WPC80 shortage intensifies with producers in control of pricing and allocation

Global whey protein concentrate 80 market reaches critical tightness with structural shortage affecting all whey products. Producers control pricing as domestic

European poultry fillet prices face continued pressure after holiday demand fades

Chicken breast and fillet prices fell across Europe in January as holiday demand faded, extending a decline that began in the second half of 2025.

Paperboard market shows diverging regional trends as operating ratios hit multi-year lows

Global paperboard markets diverged in October 2025, with cartonboard operating ratios at multi-year lows and Western European demand down 14% on the year.

Western Europe paperboard demand drops in sharp contrast to other regions

Western Europe's paperboard demand fell sharply in August 2025 while other regions held stable or grew, according to EMGE's latest regional figures.

European cheese prices fall as milk production surpluses mount

European cheese prices decline across Gouda, Mozzarella, Cheddar and Emmental as milk production surpluses of 5-7% YOY create abundant supply

Cartonboard markets show regional divergence as capacity shifts reshape supply dynamics

Western Europe and Asia face contrasting cartonboard market dynamics as new capacity and mill closures reshape regional supply.

European cheese markets join widespread dairy price declines as buyers retreat

European cheese is driving a broad dairy decline as buyers step back, with Cheddar, Gouda, Mozzarella and Emmental all under pressure from strong production.

U.S.–Japan trade deal secures key win for dairy exporters amid global market pressure

Learn how this deal provides critical relief for U.S. cheese, whey, and lactose producers facing global competition in Japan.

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

With August 1 approaching, dairy tariff increases are building market tension as European butter reaches €7,000/mt and US whey faces export uncertainty.

Vegetable oil markets rally as US biodiesel regulations and tariff threats reshape global trade

Palm oil and soybean oil rally as US limits biodiesel credits to North American feedstocks. Tariffs threaten global trade flows.

Oils sector calm for now: 3 key takeaways from Israel-Iran conflict so far

Oil prices climbed Wednesday after Trump announced China can continue buying Iranian oil. Analysis of Middle East tensions, vegetable oils volatility, biofuel m

Egg Prices Increase Amid Avian Influenza Crisis: What You Need to Know

Egg prices are skyrocketing as Avian Influenza disrupts global supply chains. Discover to what extent egg shortages are worsening.

Highlights on the oils & fats market: Falling food prices go hand in hand with bearishness

Explore recent geopolitical tensions: Taiwan-China military exercises, easing China-Australia trade conflict, and global food price trends.

Highlights on the Oils & Fats market: SVB collapse causes global uncertainty

The collapse of Silicon Valley Bank has caused panic in global financial markets, with the Federal Reserve stepping in to prevent a contagious crisis.