Turkey 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.

Smaller cashew and pistachio crops meet a macadamia rebound

ofi's July update puts the cashew crop 10% to 12% below last year and the 2026 pistachio crop near half of 2025, while hazelnut supply stays comfortable.

From pistachios to peanuts, nut supplies are tightening

ofi's June nut update points to tighter supply: the US pistachio crop could halve, peanut acres are down 21.8%, and almonds are 84.8% sold.

California almonds firm up as May shipments beat expectations

The California almond market is holding firm heading into the close of the crop year, after a May position report that came in stronger than the trade...

Pistachio and peanut supplies tighten as hazelnuts stay soft

The global nut complex is splitting between tightening tree-nut supply and a still-soft hazelnut market, according to ofi's latest monthly update....

EU egg prices correct from highs; heatwave hits at the worst possible moment

European egg prices are falling across all categories this fortnight, driven by rising imports from Eastern Europe and Turkey, approaching seasonal demand...

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,...

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

California almond shipments outperformed expectations in March. Total shipments reached 257.99 million lbs, well above industry estimates of around 225...

Bakery market forecast 2026: flour, starches, eggs, dairy, vegetable oils, sugar, cocoa, nuts

Bakery procurement in H2 2026 is shaped by a mix of signals: some ingredients are softening, others are under renewed pressure, and a handful are in...

Glucose syrup and dextrose stabilise after 2025 correction, with energy costs the main upside risk

Both glucose syrup and dextrose monohydrate went through a significant correction through 2025, driven by easing corn and wheat feedstock costs, elevated...

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...

Sugar market forecast: raw, white, sweeteners

The sugar market in 2026 is operating in a surplus environment, but the story is more nuanced than that headline suggests. Energy market dynamics, Brazilian ...

Sunflower oil market forecast 2026: prices firm on tight supply as Argentine shipments to Europe surge

FOB 6-port crude sunflower oil prices have increased to USD 1,485/mt from around USD 1,400/mt at the beginning of the year, supported by tight supply...

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

California walnuts are entering Q2 in an unusual position: abundant supply, improving shipment momentum, and prices trading below production costs for many...

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...

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

Black Sea sunflower crop concerns drive prices higher as supply outlook tightens

Sunflower oil prices increased $20/mt as Ukrainian crop estimates fell to 10.5-11.2 mmt from 12.7 mmt last year. Poor yields and excessive...

Sunflower oil prices climb as crop forecasts deteriorate across key producing regions

Sunflower oil prices increased by $10/mt to $1360/mt as crop forecasts in Ukraine and Russia continue to deteriorate. APK-Inform reduced...

Rapeseed supply expands while sunflower markets tighten amid harvest delays

Ukrainian sunflower crop drops to 13.56 mmt while rapeseed forecasts rise 700k mt in Australia. Palm oil gains $20/mt on Malaysian supply concerns. Analysis.

Trump tariffs begin in India, with rice, dairy, and tea amongst products impacted

US tariffs of 50% on most imports from India kick in today, affecting key commodities like basmati rice, spices, pulses, tea and dairy.

Starch procurement faces uncertainty as Trump tariffs reshape supply chains

Trump's 10% tariffs on major starch exporters create procurement challenges as food demand stays strong but industrial applications weaken.

US-EU trade tensions: impact on dairy, olive oil, and baked goods

US President Donald Trump's proposed 30% tariffs on European goods and the EU's countermeasures could significantly impact global food commodity trading.

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.

Biodiesel market update: Growing interest to buy, yet making consensus on pricing remains a challenge

Biodiesel market update: Explore the impact of higher LSGO prices and buying demand on the biodiesel complex

European sunflower oil Market Update

Explore the latest developments in the European sunflower oil market, including price trends and producer responses in Ukraine.

Highlights on the Oils & Fats market: Stability for now, bears on the horizon

A week after the devastating earthquakes that primarily hit Turkey and Syria, the enormous impact of it becomes clear. Already 36.000 people have died...

Turkey Bans Butter Export

To ensure the security of the country’s butter supply Turkey has stopped their butter exports. The ban applies to the butter product under the HS code:...