United Kingdom

20 news articles covering commodity markets in United Kingdom.

Cheese spot markets jumped while the supply picture stayed heavy

Mozzarella and Gouda tightened in Europe while US blocks rose about 18% in under a week on two recalls, with the cheese fundamentals unchanged underneath.

EU sugar prices stay sticky while France's campaign runs short

France's beet campaign is now estimated at 97 days against a 122-day average, yet EU sugar values have barely reacted. Here are the reasons on the table.

Cheese prices soften as production outruns demand

US Cheddar and Mozzarella are leading cheese prices lower as production growth outpaces demand, with US cheese stocks up 2.3% on the year in August.

Europe's sugar import gap is wider than the quotas can fill

Only about 766,000 tonnes of the EU's 2.4 million tonnes of eligible sugar import volume is likely to arrive at current prices, leaving a real shortfall.

Cheese is back to normal everywhere except across the Atlantic

European cheese offers have thinned as buyers step back, while new US capacity keeps filling with Mozzarella that has to be exported to clear.

One beet belt, two harvests: EU sugar pricing turns uneven

France may lift 65 to 70 tonnes of beet a hectare against 90 last season, while Belgian yields hold near 90. Some producers have pulled their offers.

The EU protein premium is now twice what a shipment needs

EU MPC 85 trades 29% above the US benchmark and WPC80 14% above it, against break-even premiums of roughly 5% and 6% once duty and freight are paid.

Europe's certified eggs are being reserved for the shelf

European egg prices have risen for a fourth week, with barn eggs up 7.2% in a fortnight, and processors are the first buyers being crowded out.

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.

Cocoa futures jump 12% into the new crop year

London cocoa gained 12.3% in a week while Ivory Coast is expected to hold its farmgate price at 1,200 CFA francs. Here is what sits behind the move.

Directionless cocoa market awaits fresh pod counts for the new season

Cocoa futures are swinging within a tight range as traders wait for new pod counts and EUDR compliance risk builds for Ivory Coast's new season.

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 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.

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.

Cocoa grindings rise nearly 10%, but prices swing both ways

Global cocoa grindings rose 9.95% year on year, confirming demand is holding, but London and New York futures still fell nearly 9% on the data.

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.

Europe's beet crop shrinks, but sugar stocks still weigh

Dry fields point EU and UK sugar production toward 16.1 million tonnes, down from 17.2 million, yet high stocks and record imports keep prices static.

Butter, SMP and WMP tip in buyers' favor amid Q4 oversupply

Global dairy markets favour buyers as heavy stocks meet weak demand, with butter, SMP and WMP prices falling and production cost margins narrowing into Q4.

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.

Tereos Brasil to earn US$ 100 million with increased sales to Europe

With two mills newly certified to export ethanol to Europe, Tereos Brasil plans to send 25% of its 2022/23 biofuel output there, the largest volume yet.