Vietnam news — Vesper

Cumin holds its rally as India's crop comes in a sixth smaller

Trade estimates put India's cumin crop 16% to 18% below last year, and prices held their October gains. Turmeric stocks are close to exhausted.

Macadamia is among the cheapest tree nuts on the market

Macadamia is trading below cashew, almond, hazelnut, pistachio and pecan kernels, with world production still growing and no supply concern in sight.

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.

Red chilli breaks a month of stasis with a 16% jump

Delhi 334 red chilli moved 16% in a week after a month near $253/quintal, with Andhra's monsoon 40% below normal. Nepal's bumper crop is resetting big cardamom.

Cashew packers stop committing forward ahead of the flowering window

Cashew packers are holding back from long-term forward contracts with INC and WMO confirming a strong El Niño over the November to January flowering window.

Peanut acres fall 27% into a record carryout

USDA cut 2026 US peanut acres by 27% while carryout sits near a record 1.6 million tons, and 2027 kernels already price above this year's crop.

Macadamia crop grows 11%, almond kernels come in small

Global Trading's August tree nut report has the macadamia crop up 11% and pressuring prices, while small first almond kernels push that market higher.

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.

India's spice markets share one problem: thin carryover stock

Cumin, coriander, turmeric, chilli, pepper and cardamom each moved on a different trigger, but India's spice markets share one thin carryover stock problem.

Bolivia's blockades lift, but diesel shortages keep Brazil nut shipments stuck

Bolivia's road blockades have ended, but diesel shortages and port congestion at Arica are still delaying Brazil nut shipments this season.

Most starches firm on rising costs; potato holds steady

Wheat, tapioca and corn starch are firming on higher input costs and tight supply, while potato starch holds steady on ample stocks and weak demand.

India's spice markets have a supply story, but buyers aren't listening yet

Six Indian spice categories, one story: supply is genuinely tight but buyers have gone quiet. Cumin arrivals at Unjha fell over 80% from the mid-April peak.

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

California almond shipments reached 257.99 million lbs in March, well above the roughly 225 million expected and up 16.5% on last March's 221.37 million.

Indian spice markets caught between tight supply and stalled export demand

Indian spice markets show one pattern across the complex: supply is tight, sometimes severely, but weak demand keeps capping or reversing every rally.

Indian basmati prices climb on tight supply and Gulf shipping uncertainty

Indian basmati has risen over three weeks, with 1509 Steam up to USD 90-91 per quintal from USD 82-83 and 1718 Sela climbing to USD 94-96 per quintal.

Energy costs drive starch prices higher across wheat, corn and tapioca

Wheat, tapioca and corn starch prices all rose month on month in April, as energy costs tied to the Middle East conflict squeezed margins and Q2 contracts.

US broiler exports slip in early 2026 with domestic dark meat demand providing support

US broiler exports started 2026 muted, with February shipments just under 524 million pounds, 4.3% below last year and cumulative volumes down 1.1%.

Thailand's sugar output set to fall as disease and labour shortages reshape next season

Thailand faces a meaningful cane contraction in 2026/27, as white leaf disease, reduced migrant labour and a shift to other crops reshape the coming season.

Tree nut markets in early 2026: cashews, macadamias, almonds, and pecans

Tree nut markets are picking up into Q2, with buyers and sellers across cashews, macadamias, almonds and pecans working out strategy. Where each one stands.

European sugar producers cut beet area in emergency move

Suedzucker is offering a €10/tonne premium to cut 2026 beet area as European sugar falls to €425/tonne, while French growers battle virus yellows.

Vietnam cashew processors cut operations as raw material costs climb

Vietnamese cashew processors are limiting output or closing for the season as raw nut prices climb, tightening the market ahead of new crop arrivals.

Arabica prices seen falling to $3.50 per pound on political and supply shifts

Coffee futures are heading for a correction toward $3.50 per pound from 391.55 cents, as Trump signals tariff relief and Brazil's crop outlook improves.

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.