Import & Export — Vesper Market News

Reefer space, monsoon ports and a low Rhine: this week's freight pressure points

Shypple flags three freight pressure points for food shippers: sold-out reefer space, monsoon and typhoon port delays, and a Rhine too low for full barges.

US cheddar closes the gap with New Zealand

US cheddar jumped 10% on the month to $1.60/lb while New Zealand fell to a 20-month low, closing a price gap that opened the year at a record 75 cents.

Gasoil firms on renewed Gulf conflict; biodiesel drifts lower

Fossil diesel snapped higher as conflict around the Strait of Hormuz reignited, lifting the gasoil reference while biodiesel and renewable diesel drifted lower.

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.

Poultry week 28: heat losses in Europe, record exports from Brazil

A record heatwave cut European poultry supply while Spain's Newcastle Disease cases and Brazil trade tensions add risk. Vesper's week 28 poultry view.

US peanut acres drop 21.8%; supply tightens across origins

USDA puts US peanut plantings down 21.8%. With Argentina's harvest delayed and Brazil's area shrinking, Alimenta Agri sees prices heading higher.

Coriander leads a spice rally on thin arrivals and Hormuz optimism

Coriander rose about 9% on thin Baran arrivals, leading a broad Indian spice rally as US-Iran talks lifted hopes the Strait of Hormuz would reopen to trade.

US milk powder keeps falling, heat wave or not

US NFDM fell 5.8% to $1.505/lb, now 34% below its May peak, as record milk-powder output kept prices sliding even as a heat wave finally arrived.

Physical scarcity drives basmati's sharpest rally of the season

Basmati rice rallied $8 to $10 per quintal, its sharpest move of the season, as old-paddy scarcity across India's mills outweighed US-Iran and Hormuz news.

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.

US butter: record output, leanest May stocks in four years

US butter makers are running flat out, yet the cold store keeps emptying. Stocks ended May at 335.6m lbs, the lowest May reading since 2022 and down 8% on...

Freight update: ocean rates near the top, new emission costs from July 1

Asia to North Europe ocean freight rates look to be peaking after six weeks of gains, as capacity stays tight and new EU emission surcharges take effect July 1.

Egg markets split as Europe nears a floor and US prices firm

The world's two big egg markets are pulling apart. In Europe, prices are still easing from their spring peak, but the decline is slowing and a floor may be...

A new-crop tender resets EU sugar price expectations

A single tender has shaken assumptions across the European sugar market. A multinational bought 2026-27 sugar at €530 DDP delivered to its EU factories, a...

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...

New Sathi crop bends old basmati prices, but the floor holds

The arrival of new Sathi paddy reset India's basmati rice market in early June. May had ended with exporters finding confidence and mills refusing to offer...

Ocean rates climb into July, with new tolls and surcharges close behind

Freight costs are moving in one direction this month, and procurement teams importing through North Europe should plan for more of it. According to...

Thin arrivals support Indian spices, but demand won't chase

India's spice complex spent the first half of June stuck in the same standoff. Arrivals kept thinning across most of the major mandis, yet buyers refused to ...

Brazil sets a poultry export record, but EU access hangs in the balance

Brazil delivered its strongest poultry export month on record in May 2026, yet the milestone is shadowed by a real risk to its European market access....

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....

European cheese softens as buyers wait out the summer

European cheese markets have continued to soften in recent weeks. With Q3 coverage mostly behind them, almost all buyers have stepped back to the sidelines, ...

Chicken prices fell across the board last month, but the autumn outlook points higher

Brazilian chicken breast fillet led a broad decline in poultry prices over the past month, dropping 16% to around €2,890 per tonne. It was the steepest move ...

Coconut oil eases further on rebuilding Philippine supply

Coconut oil prices fell again this week, extending a decline that has run since early May. The CIF Rotterdam benchmark slipped around 4% week-on-week, while ...

Whey protein pauses for breath, but the market stays tight

With Q3 purchasing largely wrapped up, the sharp price increases of recent weeks across the whey protein concentrate complex are losing some momentum. More...

Brazil's bumper crush and softer oil weigh on sugar prices

A strong result from Brazil and weaker oil prices have offset El Niño risk to keep sugar under pressure. Oil fell about 4% over the past month as ceasefire...

Cumin finds its floor while coriander supply tightens

India's spice markets spent the second half of May waiting on buyers rather than supply, and this fortnight produced a rare clear signal in cumin: a named...

Vegetable oils hold firm on crude rebound and biofuel demand

Vegetable oil markets steadied this week, caught between a rebound in Brent crude and a long list of conflicting signals. Brent's August contract fell to a...

Ocean freight tightens as June peak-season surcharges hit every carrier

Container shipping is under more pressure than at any point since the Red Sea crisis, and the squeeze is coming from several directions at once, according...

Thai cane pivots to tapioca as China's sugar surplus builds

East Asia's sugar markets are heading into the new season with weather and policy pulling in different directions. In Thailand, the three-month outlook...

US peanut acres set to shrink, lifting the price floor

The peanut market has moved back into cost-of-production territory after a long stretch of oversupply, according to Alimenta Agri LLC. Prices are firm...

Brazil loses EU poultry access from September; the authorisation body meets too late to fix it

The European Commission has confirmed that Brazil will not be permitted to export poultry meat and animal products to the EU from 3 September 2026. The...

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...

US milk powder prices slip as production growth cools

US nonfat dry milk prices fell about $0.20/lb, or roughly $500/mt, in the space of a week, and global skim milk powder markets moved with them. New Zealand...

European cheese markets ease into summer lull as Q3 demand completes

European cheese prices edged higher over the past few weeks on seasonal temperature gains and Q3 forward buying, before stalling last week as the bulk of...

Südzucker's sugar division posts €177 million loss as S&P turns negative

Südzucker confirmed that its sugar division recorded an operating loss of €177 million in 2025/26, compared to a €13 million loss the year before, as...

Basmati paddy is gone at Indian trading centres; mills are paying up for what remains

India's basmati paddy supply has effectively run out at every major northern trading centre. Arrivals at Haryana, Punjab, Uttar Pradesh, Rajasthan, and...

Coffee futures fall to $2.64 as US demand weakens and Brazil's record crop approaches

Coffee futures dropped to $2.64 per pound this week, with the most active July contract losing 18.1 cents. The market trended steadily lower through the...

Germany's RED III adoption and higher energy prices lift European biodiesel sharply

European biodiesel markets moved substantially higher in May. FAME 0 rose from $1,382 to $1,500 per tonne compared to the same period last month. UCOME...

Vegetable oils track Brent higher as El Nino and Hormuz tensions set the agenda

Brent crude rose from $104 to $112 per barrel over the week, and vegetable oil markets moved with it. The trigger was fresh US threats to resume attacks on...

WPC80 prices at record levels as new protein demand grows faster than supply

The whey protein market is running an unusual experiment: higher prices are attracting both more supply and more demand simultaneously, with demand growing...

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

Six Indian spice categories. Six versions of the same situation: supply is genuinely tight, but the buyers have gone quiet. Cumin arrivals at Unjha fell...

Food and beverage costs face a second wave of commodity pressure

The oil market has held above $100 per barrel through May, but the bigger story for food and beverage buyers is what is happening next. Investment funds...

Imported beef hits a record 23.4% of US supply in Q1

US beef imports totaled 599 million pounds in March, a 19% increase from the same month last year and well above LEAP Market Analytics' (LMA) forecast,...

NFDM domestic demand jumped 178% in Q1 as US dairy markets diverge

The CME spot call closed mixed this week as the dairy complex absorbed a stronger dollar and the headlines from the US-China summit. Blocks dropped 6 cents...

Vegetable oils ease with Brent on stalled Iran-US talks

Brent crude (July) closed the week at $104/barrel, down from $114 the prior week and recovered from a $100 low reached on signs of progress in Iran-US peace ...

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...

Energy market strength lifts sugar to one-month high

Raw sugar prices extended their climb over the past week. The NY11 July contract closed at a one-month high of 15.37 USc/lb on 5 May, supported by spillover ...

Whey protein tightness drives reformulation toward MPC85 in Q3

The global whey protein market opened the Q3 purchasing window at fresh highs, with WPC80 once again pushing the complex higher and prompting a clear...

EU partially suspends sugar IPP imports for one year from May 27

The European Commission's Management Committee for sugar voted on April 30 to partially suspend Inward Processing Procedure (IPP) imports for one year, with ...

Indian spice markets caught between tight supply and stalled export demand

Indian spice markets are showing a consistent pattern across the complex this fortnight. Supply is tight, sometimes severely so, but demand-side pressures...

Cheese markets soften under weight of peak milk supply

European and North American cheese markets are broadly stable this week, but the underlying tone is slightly bearish. Milk production in both regions is...

El Niño risk reshapes sugar's 2026/27 supply outlook

Raw sugar edged higher this week, supported by Brazil's planned anhydrous ethanol blending rate increase from 30% to 32% (pending formal approval at a CNPE...

Rapeseed market firms after Germany adopts RED III

European rapeseed prices climbed this week, supported by Germany's adoption of Renewable Energy Directive III (RED III) alongside tight EU stocks, strong...

Gulf shipping disruption reshapes Indian spice export flows

The ongoing conflict in West Asia and the resulting disruption in the Strait of Hormuz are reshaping export flows across multiple Indian spice categories,...

Indian basmati prices climb on tight supply and Gulf shipping uncertainty

Indian basmati prices have moved higher over the past three weeks, with 1509 Steam rising to USD 90 to USD 91/quintal from USD 82 to USD 83/quintal at the...

Whey protein prices hold at all-time highs with demand destruction still elusive

Whey protein prices remain at all-time highs across Europe and the United States, with WPC80 and WPI trading above levels where reformulation is already...

Soy and palm oils lead vegetable oil gains on biofuel policy and crude rebound

Soybean oil and palm oil led gains across the vegetable oil complex last week, supported by a rebound in Brent crude and further reinforcement of biofuel...

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....

China set to overtake Brazil as world's top chicken meat producer

China set to overtake Brazil as world's top chicken meat producer in 2026 The global poultry trade is approaching a structural shift. USDA forecast data...

Southeast Asia biodiesel mandates reshape palm oil supply outlook

Three major Southeast Asian palm oil producers are stepping up biodiesel blending mandates in moves that will reshape the feedstock picture for global...

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 ...

Cheese markets flip from Q1 shortage to Q2 surplus

From shortage to slight surplus Q1 was defined by limited commodity cheese availability as export demand kept volumes moving out of both Europe and the...

Cocoa prices break 2,500 resistance despite record fund short position

Short covering ahead of grindings data The rally appears linked to short covering by funds ahead of major global grinding updates, potentially on...

Coffee futures climb to $2.96/lb on ceasefire news

July contract rallies after testing support The most active contract shifted from May to July this week ahead of the first notice day. The July contract...

Sugar retreats from March highs on easing geopolitical risk

Global prices pull back The Sugar No. 11 raw price stood at $13.88/lb and No. 5 white at $424/mt as of April 14. The reversal reflects bearish underlying...

Vegetable oils slip lower on ceasefire optimism and weaker crude

All major oils lower BMD crude palm oil declined to $1,120/mt from $1,176/mt. CBOT soybean oil fell to 66.5 US cents/lb from 69.95 cents. MATIF rapeseed...

Australian beef exports hit near-record volumes in March 2026

Australia's beef export program delivered its second-highest monthly total on record in March 2026, with broad-based demand across key markets driving...

Australian sheep meat exports decline sharply in March as MENA shipments contract

Australian sheep meat exports pulled back materially in March 2026, with total combined lamb and mutton shipments reaching 42,656 tonnes, down 24% year on...

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

US broiler exports started 2026 on a muted note, with total shipments in February coming in just below 524 million pounds, falling short of forecasts and...

WPC80 shortage drives protein markets into uncharted territory

The global whey protein market is moving in two very different directions. At one end, WPC80 is in a pressing structural supply shortage with no near-term...

Vegetable oil prices ease on ceasefire news, palm oil outlook mixed

A two-week ceasefire agreement between the United States and Iran, announced on April 8, triggered a sharp decline in Brent crude oil, sending immediate...

Variable spring weather disrupts EU sugar beet drilling, area down 7% year on year

Conditions for beet drilling have been uneven across northern Europe this spring, adding uncertainty to the EU sugar supply outlook heading into the 2026/27 ...

Middle East conflict drives Brazilian chicken prices higher

Brazilian chicken meat prices have reversed sharply in week 14, ending a bearish trend that had held for several months. Whole bird and cut prices rose...

Sugar prices edge higher on crude oil rally, but fundamentals stay soft

Sugar prices moved modestly higher this week, driven almost entirely by the sharp rise in crude oil rather than any change in underlying supply and demand...

Vegetable oils rebound on crude surge and biofuel policy shifts

Vegetable oil prices recovered broadly last week, with palm and soybean oil leading gains on the back of firmer Brent crude and new biofuel policy...

EU sugar beet farmers face higher costs as energy prices climb

European sugar beet growers are heading into the 2026 planting season with a more challenging cost environment, as diesel and gas prices rise in the wake of ...

WPC80 prices exceed EUR 20,000/mt as global supply falls short of demand

The market for whey protein concentrate 80 (WPC80) has tightened to an extent that transactions above EUR 20,000/mt are being reported for Q2, Q3, and Q4...

Philippine biofuel policy uncertainty weighs on coconut oil prices

Coconut oil prices at origin fell sharply this week, with the EXW Manila benchmark declining to $1,918/mt from $2,271/mt previously, as biofuel producers in ...

Fuel surcharges climb and containers pile up as Strait of Hormuz disruption deepens

The ongoing blockade of the Strait of Hormuz is creating mounting pressure across global ocean and air freight markets, with emergency fuel surcharges...

NFDM prices approach 10-year highs despite record milk surplus

Non-fat dry milk prices rose a further 4.53% this week, leaving them just $0.055/lb below 10-year highs. The move comes against a backdrop of surging milk...

Record Brazilian exports push global poultry prices lower

Global poultry markets are heading into the final week of March under a broadly bearish price signal, with both Brazilian and Thai origins posting...

Cheap milk, tight cheese: how production capacity is driving European markets

Raw milk in Europe is hitting spot markets at unusually low prices of €0.10-€0.25/kg in mid-March, yet cheese stocks are tight and prices are firm across...

Why a $100 oil price isn't lifting sugar markets

Crude oil briefly touched $100/barrel following the closure of the Strait of Hormuz, a move that would normally push ethanol economics higher and redirect...

Palm oil prices climb on B50 speculation and supply concerns

BMD crude palm oil prices rose to $1,176/mt this week, up from $1,123/mt the previous week, supported by a combination of supply-side developments,...

US broiler market: weak export start, steady domestic demand

US broiler exports got off to a slow start in 2026, while domestic dark meat markets have continued to show relative stability. Here is what is shaping the...

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...

European beef market forecast 2026: structural herd contraction keeps upward price pressure in place

The upward trend in cattle and beef prices is expected to continue into 2026, driven by a combination of continuous regulatory pressure on producers and a...

European butter forecast: rangebound in H1 2026, with recovery expected as milk tightens in H2

European butter markets are entering 2026 with ample supply. Strong milk production throughout 2025, particularly in the second half of the year, has...

European Cheddar forecast 2026: lean stocks and firm prices despite strong production

European Cheddar production maintained strong momentum throughout 2025, supported by abundant milk availability. However, the supply-heavy H1 picture...

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

After the lifting of the ban on Brazilian poultry, chicken meat prices in Europe have decreased significantly. The price decrease started around November...

European dairy market forecast 2026: milk, butter, smp, wmp, swp, cheeses

The European dairy market in 2026 is not one market, it's a collection of very different stories depending on which product you're buying. Some categories...

European egg market forecast 2026: avian flu outbreaks keep supply tight and prices elevated through Q1

Mass avian flu outbreaks have persisted throughout Q1 2026, with scarcity continuing to affect the market. Extensive flock cullings following widespread...

European Mozzarella forecast 2026: prices rise sharply since February as nearby supply proves scarce

European Mozzarella production maintained strong levels throughout 2025, driven by abundant milk availability. However, the expected H1 supply pressure on...

European pork market forecast 2026: African Swine Fever in Spain redirects volumes to EU markets, pressuring prices

The EU sow herd is forecast to shrink further in 2026 due to ongoing environmental restructuring in North-Western Europe. Favourable feed prices are...

European raw milk forecast: strong flush adds supply pressure across dairy markets in H1 2026

European raw milk production delivered strong volumes throughout 2025, with output accelerating particularly in the second half of the year. That momentum...

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...

Gouda market forecast 2026: prices move higher as stocks stay lean and Dutch production expected to shrink

Gouda production across Europe was robust throughout 2025, benefiting from strong milk availability. Despite that production strength, the market has...

Lactose market forecast 2026: stability returns after 2025 price spike

The lactose market experienced significant price increases during 2025, driven primarily by tightness in the US market that pulled European prices higher....

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...

Palm oil market forecast 2026: record Malaysian stocks weigh on prices despite Brent crude support

The BMD crude palm oil price has increased to USD 1,096/mt from USD 975/mt at the beginning of the year, supported by higher Brent crude prices, strong...

Pizza, pasta, savory snack forecast: flour, tomate, chicken, beef, pork, mozzarella, olive oil

For food manufacturers in pizza, pasta, and snacks, H2 2026 brings a mix of near-term stability and building supply-side risks. Some key ingredients are...

SMP market forecast 2026: US production shortfall pulls international buyers toward Europe

The global skim milk powder market has shifted significantly from what was expected at the start of 2026. Rather than a supply-heavy, export-dependent...

Soybean oil price forecast 2026: US biofuel policy drives sharp price increase, Argentine discount widens

CBOT crude soybean oil prices have risen sharply to 65.33 US cents/lb from 48.56 US cents/lb at the beginning of the year, supported by higher Brent crude...

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 ...

Sugar markets stabilise after Q1 surplus pressure, with Brazil and energy dynamics shaping the outlook

Raw and white sugar both spent most of Q1 under surplus pressure before stabilising and recovering into early March as energy markets strengthened. The...

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...

Sweet whey powder forecast 2026: European prices overtake US levels as costs rise and Middle East demand accelerates

Sweet whey powder is showing a clear divide between Europe and the United States in early 2026, and that regional divergence has become the defining feature ...

Tapioca starch market forecast 2026: lower cassava yields and Laos competition pressure prices

Total cassava production for the 2025/26 season is estimated at around 22.1 million tonnes, down from approximately 28 million tonnes in 2024/25. Lower...

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...

Vegetable oil market forecast: olive, rapeseed, soybean, sunflower, palm, coconut, palm kernel oil

The oils and fats market in 2026 is being pulled in two directions at once. On one side, crop-level fundamentals, large harvests, record stocks in certain...

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...

Whey permeate forecast 2026: stable conditions expected as WPC80 and WPI production stays elevated

Whey permeate stands out as one of the more stable products in the dairy complex heading into 2026, largely insulated from the volatility affecting other...

WMP forecast 2026: EU and New Zealand prices converge for first time since 2021

European Whole Milk Powder pricing is driven by the combined dynamics of butter and skim milk powder, alongside overall milk availability. With butter...

WPI price forecast 2026: EU prices approach €25,000/mt as GLP-1 demand adds to supply strain

Whey protein isolate markets are characterised by a persistent supply-demand imbalance, with demand significantly outstripping available production...

Supply tightens and shipments slow across tree nut markets

Cashew prices are on the move, Brazil nut supply is tightening and pecan shipments are down 35% year-on-year. Get the full tree nuts...

Australian beef exports rise as tight US supply boosts demand

Australian beef exports rose 11% year-on-year in February as tight US cattle supply and a 42% price discount for Australian cattle...

Tight skimmed milk powder supply supports global prices

Global skimmed milk powder prices remain supported as limited supply in the US and Oceania meets steady import demand and rising exports...

Vegetable oils rise with Brent before sharp reversal

Vegetable oil prices follow volatile Brent crude moves as palm, soy, rapeseed and sunflower markets react to energy swings and Middle...

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...

US wholesale beef prices rise as slaughter slows and supplies tighten

US wholesale beef prices rose to the highest level since September as packers cut slaughter amid heavy losses and tighter cattle supply.

Coffee futures slip below $3/lb as supply improves, Middle East conflict adds volatility

Arabica coffee futures fell to $2.83/lb as certified stock availability improved and roasters held back purchases. The Middle East conflict...

European cheese prices keep climbing as buyers chase limited availability

Cheese prices across Europe continue to increase in early 2026, with Gouda, Mozzarella, and Cheddar all firming as availability remains...

Sugar prices near multi-year lows as global surplus holds, crude volatility adds uncertainty

Sugar prices touched multi-year lows in mid-February before a partial recovery linked to crude oil gains. The 2025/26 surplus remains...

How escalation around the Strait of Hormuz is reshaping oil shipping

Escalation around the Strait of Hormuz is disrupting global oil shipping, insurance markets, and freight flows as tanker traffic collapses.

Middle East conflict pushes vegetable oil prices higher as freight costs climb

Brent crude's rise following Iran's closure of the Strait of Hormuz is lifting vegetable oil prices across the board, with freight...

How Middle East conflict and Strait of Hormuz disruption could impact food commodity market

Explores how Middle East tensions and potential Strait of Hormuz shipping disruptions could indirectly influence food commodity markets...

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

Thailand's sugar sector faces a significant production decline in 2026/27, as white leaf disease, reduced migrant labour, and a shift...

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...

European sugar producers feel the squeeze as market prices stay low

European sugar producers report heavy losses as low market prices bite Meta description: Tereos and Südzucker have both reported...

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

Tree nut market update February 2026: cashews, macadamias, almonds, and pecans Meta description: From firm cashew prices post-TET to pecan...

Dairy markets firm on scarce offers and strong export demand

A shortage of offers is pushing butter and SMP prices higher across Europe, the US, and Oceania. Here's what's driving the moves and what...

Blank sailings climb to 18% as carriers manage post-CNY capacity

Carriers have pulled 125 of 710 scheduled sailings ahead of Chinese New Year to prevent rates from falling further. Here's what that means...

Cocoa prices fall 35% in a month as West African supply overhang deepens

Cocoa prices have collapsed 35% over the past month and sit 70% below year-ago levels, as unsold bean inventories build in Ghana and Ivory...

Sugar markets hit five-year lows as global surplus weighs on prices

Raw sugar prices fell to their lowest since October 2020 as a 1–5 MMT global surplus weighs on markets, European stocks climb to 9.3 MMT...

Palm oil prices decline on weak February exports; POC conference flags 2026 supply risks

Palm oil prices declined to $1,030/mt amid poor early-February export data and the Lunar New Year, while the POC Malaysia conference...

South American supply boom reshapes corn oil trade flows

A record harvest in Argentina and strong Brazilian crop estimates are keeping corn oil prices under pressure, while Middle East demand and...

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

EU sugar production projected to fall 10% as consumption uncertainty clouds market outlook

EU sugar production projected to decline to 15.4 million tonnes in 2026/27 from 17.05 million tonnes. Import needs unclear as November...

Polish chicken prices fall as Avian Influenza outbreak triggers 2.79 million bird cull

Poland reports 22 Avian Influenza outbreaks with 2.79 million birds culled, driving Polish chicken prices down 3.7% while French prices...

U.S. Treasury's 45Z guidance tilts biofuel policy toward North American crop oils

New 45Z biofuel guidance requires fuels to use exclusively U.S., Canada, and Mexico feedstocks, removing ILUC penalties and supporting CBOT...

U.S. broiler production forecast at 1.5% growth for 2026

U.S. broiler production projected to reach 48.7 billion pounds in 2026 with 1.5% growth. Analysis of export trends, placement data, and...

US calf crop falls 1.6% as beef supply tightens through 2026

USDA cattle report shows 2025 US calf crop fell 1.6% to 32.9 million head, with beef cow inventories down 1.0%, signaling continued tight...

US beef cattle on feed placements decline 5.4% in December as margin pressure weighs

US December cattle on feed placements declined 5.4% to 1.55M head as margin pressure and limited feeder cattle access weighed on...

European poultry fillet prices face continued pressure after holiday demand fades

Chicken breast prices fell across Thailand and Brazil in January after European holiday demand faded. Wings remained stable with...

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...

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

India's sugar production jumps 22% while global surplus widens to 4.7 million tonnes

India's sugar production increased 22% to 15.9 million tonnes through mid-January while the global surplus widened to 4.7 million tonnes...

US cattle placements projected to decline 4.9% in December amid border restrictions

December cattle placements projected at 1.56 million head, down 4.9% year-over-year, as Mexico border restrictions and weak feedyard...

European cheese prices hold steady as butter markets collapse, shifting dairy valorization dynamics

Cheese markets hold firm around €3,000/mt despite peak seasonal production, while falling butter prices shift dairy valorization toward...

US broiler availability hits record high as wholesale prices weaken in Q4

US broiler meat availability reached 18.9 pounds per capita in Q3 2025, a new quarterly record. Wholesale prices languished in Q4 but...

Brazilian sugar mills drop allocation to 35.5% in seventh consecutive fortnight decline

Brazilian sugar allocation declined for seventh consecutive fortnight to 35.5%, down from 44.6% last year, raising questions about 2026/27...

Cattle feeder margins deteriorate despite strong beef demand outlook

U.S. cattle feeders face losses exceeding $500/head by early 2026 after Tyson's Nebraska plant closure alters margin dynamics.

European butter prices head for sub-€4,000/mt in Q1 as surplus hits 93,700mt

European butter markets face continued pressure as Q1 2026 prices head below €4,000/mt. Production surge and 93,700mt surplus drive cream...

Indian importers secure 150,000 metric tons monthly of South American soy oil

Indian buyers commit to purchasing over 150,000 metric tons of South American soybean oil monthly from April to July 2025, driven by...

Trump's tariff plans create tight timeline for US importers

Trump announces 25% tariffs on Mexico and Canada, 10% on China starting January 20th. US importers face tight six-week timeline to...

WPC80 and WPI prices hit record highs on GLP-1 medication demand

WPC80 prices hit €13,000/mt and WPI reaches €21,500/mt as GLP-1 medication demand creates shortages in global whey protein markets.

Coffee futures hold range despite record December delivery amid tariff relief

Coffee March contract holds 376.55 cents/lb as record December delivery inversion worth $21 million premium provides support despite US...

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...

Coffee futures fall 16.55 cents amid partial US tariff relief

Coffee futures fell to $376.6/lb this week as the White House announced tariff exemptions that excluded Brazil and India. Markets expected...

European butter surplus climbs to 106,000 metric tons

European butter production surged 5.09% in 2025, creating a 106,000 MT surplus. With cream cheap at €5,500/MT and buyers already covered...

US whey protein shortage is pushing prices to record levels

Critical shortage of US WPC80 and WPI forces global buyers to European markets as GLP-1 medication demand drives whey protein consumption...

Bullish mood for palm and rivals after the IPOC Conference in Indonesia

BMD palm oil prices reach $993/mt following IPOC conference discussions on production declines, Indonesian land seizures, and biodiesel...

European sugar producers cut beet area in emergency move

Suedzucker offers €10/tonne premium to cut 2026 beet area as European sugar prices drop to €425/tonne. French growers battle virus yellows...

Shipping rates from Asia to Europe climb 3-4% on major routes

Shipping rates from Asia to Europe increased 3-4% on major routes as carriers manage capacity and 2026 contract negotiations begin.

Broiler market under pressure as thigh meat demand weakens

Thigh meat demand falls below baseline average for first time in two years. Prices projected to decline 15-20% in 2026 as market corrects...

Coffee futures hold near $4 amid Supreme Court tariff uncertainty

Coffee futures reached 393.15 cents per pound as the Supreme Court weighs tariff legality under IEEPA, with potential market implications...

European cheese exports surge as dollar strength reshapes global trade flows

European cheese gains export advantage as stronger dollar reshapes global trade. Asian markets switch from US to EU suppliers, clearin...

Record yields drive European sugar producers to cut 2026 output

Major European sugar producers announce significant production cuts for 2026 as record yields and elevated stocks create supply pressures.

Western Europe paperboard demand drops in sharp contrast to other regions

Western Europe's paperboard demand declined sharply in August 2025 while other regions showed stability or growth.

European SMP prices supported by euro weakness as currency movements influence global markets

EUR/USD movement from 1.17 to 1.14-1.15 is currently supporting European skim milk powder prices despite fundamental weakness...

Germany and Netherlands eye policy shifts that could reshape European biodiesel demand

Germany and the Netherlands are evaluating policy changes that would end double counting for advanced biofuels, potentially reshaping...

EU proposes six-month grace period for cocoa deforestation law

European Union proposes six-month relief period for EUDR compliance instead of one-year delay, with simplified requirements for smallholder...

Palm oil drops $50/mt on B50 doubts and weak demand

Palm oil falls to $974/mt as concerns grow over delayed B50 implementation and rising Malaysian stocks. Indian buyers shift to cheaper...

US whey protein concentrate market reaches record prices as spot availability becomes critically low

US WPC80 has become virtually impossible to source as temporary factory downtime creates supply shortage, pushing prices to $6.35/lb while...

Exchange rate shift sends US dairy prices into sharp decline

NFDM prices fell sharply as the exchange rate turned against US exports. The USD gained momentum while the euro lost value, making the US...

Trump-Xi meeting drives grain prices higher as markets anticipate soybean trade resumption

U.S. grain futures rally as markets anticipate potential resumption of Chinese soybean purchases following Trump-Xi meeting. CBOT soybeans...

Sunflower oil prices reach 10-month high as tight supply persists

Sunflower oil reached $1,405/mt as harvest disappointments in Ukraine, Russia, and Europe tighten global supply. Bulgarian processors face...

Germany considers ending UCOME double-counting by January 2026

Germany plans to eliminate advanced biofuel double-counting by January 2026 under RED III implementation, potentially reshaping UCOME...

Butter markets show temporary stability but underlying weakness remains

European butter trades below €5000/mt as abundant milk supplies pressure dairy markets. SMP and WMP prices expected to decline further...

Ground beef prices spike to $300 per cwt as grinds complex rallies

73% lean ground beef prices jumped from $270 to $300 per cwt this week, but analysts expect the grinds complex rally to be fleeting with...

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...

Cocoa demand destruction confirmed as Q3 grind numbers reveal global decline

Q3 cocoa grind numbers reveal significant declines across major processing regions, with European grind down 4.8%, Asia down 17%, and...

Rotterdam and Antwerp port congestion delays container shipments through October 2025

Strikes and protests caused severe congestion at Rotterdam and Antwerp ports in October 2025. Container vessels face delays until month-end..

EU considers 300% expansion of Ukrainian egg import quotas amid food safety concerns

EU weighs 300% expansion of Ukrainian egg import quotas as antibiotic residue detections raise food safety concerns.

HPAI returns to Northern Europe after months of calm

Avian influenza outbreaks return to Netherlands and Denmark, signaling start of winter risk period. What egg buyers need to know about...

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

Indonesia's B50 biodiesel program could reshape palm oil supply in 2026

Indonesia's proposed B50 biodiesel program may restrict palm oil exports, requiring 3 million additional metric tons.

Dry European weather and China frost risk test global grain outlook

European grain regions face dry conditions while China's corn belt braces for frost. Latest global crop production analysis shows stable...

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

Global dairy markets favor buyers as heavy stocks meet weak demand. Butter, SMP, and WMP prices decline with production costs narrowing...

Whey protein supply runs low as Q4 volumes sell out

Whey protein markets defy broader dairy weakness as Q4 supply dwindles. WPC80 holds above €12,000/mt while WPI tightens further...

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.

Palm oil prices strengthen as Malaysian stocks tighten and Trump signals renewed China trade talks

Palm oil prices strengthened in October as Malaysian stocks tighten and Trump signals soybeans will be key in China talks.

Polish sugar beet growers earn €52.55 per tonne, highest in Europe with EU subsidy support

Polish sugar beet farmers receive €52.55/tonne, Europe's highest compensation with EU subsidy support. Analysis of competitive impacts on...

European cheese markets face downward pressure as supply outpaces demand

European cheese markets face downward pressure with Gouda at €3170/mt and Mozzarella at €3120/mt as buyers shift to hand-to-mouth...

Argentina's tax holiday triggers massive soybean sales, pressuring global vegetable oil markets

Argentina's temporary export tax suspension triggered 1.3M tons of soybean sales to China and 300K tons of soybean oil to India...

Palm oil markets face competing pressures as policy shifts collide with tightening supply signals

BMD crude palm oil declined to $1,026/mt as Argentina's temporary tax suspension triggered soybean oil sales, while Malaysian production...

European whey protein concentrate hits price ceiling as production declines persist

WPC80 prices stabilize at €12,150/mt in Europe while US markets climb higher. Production down 10%+ across regions as processors...

Coconut oil prices drop $240/mt as demand weakens across key markets

Coconut oil prices decline sharply at origin as demand weakens and Philippine exports drop significantly, with improved production outlook...

EU deforestation rules create compliance challenges for cocoa exporters

EU deforestation regulation poses major compliance challenges for cocoa exporters requiring complex tracking systems, though a possible...

EU sugar prices tumble €25 per tonne as harvest outlook brightens

European sugar markets experienced a sharp correction this week, with prices falling approximately €25 per tonne across the EU beet belt as exceptionally...

US dairy prices tumble as global competition intensifies

US dairy prices tumble with butter at $1.805/lb as European markets weaken. Global competition and EUR/USD currency shifts create downward...

Coffee prices break trading range as Brazil weather and supply tightness drive market higher

Coffee prices rose 23.2 cents/lb to $396.85 per pound as ICE certified stocks fell 23,000 bags and Brazil's rainy season finally returns.

Palm oil prices rise on stronger crude oil and rival vegetable oils

Palm oil prices increased to MYR 4,383/mt driven by stronger Brent crude and rival oils, though gains remain limited...

US dairy markets fall through support levels as milk oversupply weighs on prices

US butter prices fell through $2/lb support level during bearish dairy trading week. Milk production up 3.45% YOY drives butter down 39%...

European sugar harvest begins with mixed crop conditions and trade uncertainties

Europe's sugar beet harvest has commenced across most growing regions, with processing facilities ramping up operations amid a complex backdrop of variable...

Whey markets return to familiar patterns as protein concentrates dominate demand

Whey markets settle into familiar patterns as WPC80 dominates demand while permeate and lactose struggle. Analysis of Q4 positioning and trade flows.

Euronext to use Vesper Price Index in new Dairy Futures contracts

Vesper is excited to announce the launch of Euronext Dairy Futures contracts, to go live in 2026 (subject to regulatory approval). These contracts will...

Global dairy markets tumble as demand weakness triggers widespread price declines

Dairy markets face sharp declines as demand weakness triggers widespread selling. Butter approaches critical $2/lb level while milk powder prices fall over 5% a

Brazil lifts sugar production to five-year high while Europe faces oversupply

Brazil’s Center–South mills pushed sugar output to the highest early-August level in five years, with 55% of cane directed to sugar.

European cheese markets join widespread dairy price declines as buyers retreat

European cheese markets drive widespread dairy price declines as buyers delay purchases. Cheddar, Gouda, Mozzarella, and Emmental...

China's sugar imports surge while Inner Mongolia records heaviest rainfall since 1956

China's July sugar imports jumped to 740,000 tonnes as record rainfall in Inner Mongolia threatens 30% beet crop losses.

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.

Coconut oil prices increase at origin amid supply constraints

EXW Manila coconut oil prices surge amid copra supply shortages and reduced Philippine exports. Market analysis shows price recovery from...

Container shipping rates drop 6% in single week as peak season ends

Container shipping rates fall 6% in one week with Shanghai-Rotterdam showing steepest declines. European importers advised to...

Brazil cuts sugar production forecasts as yields decline

Brazil's Center-South region trims sugar output estimates to 40.9-41 million tonnes due to lower agricultural yields and declining TRS...

European cheese markets show widening price spreads

European cheese prices show €500/mt spreads between buyer bids and seller offers. Cheddar, gouda, and mozzarella markets face pressure as...

Cattle feeding margins hit potential cycle peak amid record corn yields and increased replacement costs

Cattle feeders hit $600+ per head returns from record corn yields and strong fed cattle prices, but surging feeder cattle costs to $344/cwt.

Indonesian palm oil stocks remain at normal levels as production exceeds estimates

Indonesian palm oil stocks fall to 1.4 million metric tons in July 2025 - the lowest in years. The supply tightness is created by...

CIF Rotterdam coconut oil follows origin decline with $250/mt fall

CIF Rotterdam coconut oil drops to $2,650/mt after holding steady, as Philippines origin pressure forces European importers to reduce prices.

Coconut oil prices collapse 34% in one week as supply dynamics shift

Coconut oil prices plummet from $2,600/mt to $1,837/mt at origin while CIF Rotterdam remains elevated, a $1,000+ arbitrage gap.

Sugar contract negotiations see delayed activity in European market this year

European sugar contract negotiations lag behind historical patterns as elevated 2024 production levels create higher stock availability...

Sugar prices drop to 16 cents as Brazil's Center-South production picks up pace

Sugar prices decline to near 16 cents/lb driven by Brazil's Center-South production increase and potential Indian export expansion.

China UCO exports rise as US policy limits biodiesel feedstock imports

Chinese UCO exports jumped to 262,000 mt in June while US imports plummeted to 93,524 mt following new biofuel credit policies.

CBOT soybean prices reach new lows amid China demand concerns

CBOT soybean prices hit new lows at 969 cents/bushel as China plans 10MT import cuts. Weather volatility expected in August...

Trump’s tariff deadline has passed: How it’s affecting agricultural commodity trade, country by country

Trump’s August 1 tariff deadline has passed. Explore how agricultural exports are affected, with a country-by-country breakdown.

US butter stocks drop despite rising milk supply as demand outpaces expectations

US butter stocks declined in June despite a significant increase in milk production and milk fat levels, highlighting strong consumption.

European butter market under pressure amid summer slowdown

European butter prices dip below €7000/mt amid high supply, soft demand, and cautious seller behavior | Vesper

How EUR/USD exchange rate shifts are affecting global dairy prices

Discover how recent EUR/USD exchange rate movements are influencing European dairy prices and global trade dynamics.

Increased inventories in the palm oil market due to slower exports and strong production in Malaysia

Malaysian palm oil inventories rise as production increases 5.52% while exports decline 9.23%. CPO prices drop to $983/mt.

Core reason U.S. beef production won’t rebound until 2027

Learn why U.S. beef production won't rebound until 2027, what's driving the delay, and how procurement teams should strategically prepare.

Port congestion hits European hubs while new US trade deals impact supply chains

Rotterdam, Antwerp, and Hamburg experience container delays, while Trump's 15% EU tariff deal reshapes global commodity flows.

Tracking Trump’s US agri-commodity trade tariffs

US President Donald Trump is set to implement taxes as high as 50% on agricultural imports unless deals can be negotiated before August 1.

Why are U.S. butter prices declining while Europe and New Zealand’s remain high?

U.S. butter prices are under pressure from oversupply, while European and New Zealand markets remain elevated.

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.

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...

European sugar market adjusts as drought breaks and trade dynamics shift

European sugar beet crops get relief as heatwave ends and rainfall arrives. Expert analysis on weather recovery, trading dynamics, and policy impacts.

Biodiesel prices edge higher as feedstock costs rise amid tariff deadline pressure

FAME0 gains $6/mt to $1,322/mt while UCO prices surge. HVO softens as August tariff deadlines approach. LSGO drops $84/mt on trade war fears.

Global dairy markets grapple with weakness and uncertain direction

Global dairy markets face widespread weakness across butter, milk powder categories. Analysis of uncertain market direction and changing fundamentals.

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

US President Donald Trump's proposal to impose 30% tariffs on European goods and the EU’s proposed countermeasures

USDA drastically revises soybean oil outlook as biofuel regulations reshape US demand

USDA projects record 15.5 billion pounds soybean oil for biofuels, cuts exports from 1.7B to 700M bushels. Palm oil and sunflower oil rally.

Whey protein markets signal forward strength as Q4 anticipation builds

Whey protein markets shift focus to Q4 positioning as trade policy concerns grow. Analysis of WPC80, WPI trends, and forward buying strategies.

US dairy markets stabilize as tariff extension removes immediate trade pressure

US dairy markets stabilize after tariff extension as heat wave impacts supply. Weekly analysis of CME trading, butter prices, and divergent export trends.

Biodiesel markets stabilize as "Big Beautiful Bill" reshapes North American feedstock trade

US biofuel law limits feedstocks to North America, challenging Chinese UCO and Brazilian tallow suppliers. LSGO rises $18/mt. Get Vesper's analysis.

European cheese markets adapt strategies as supply pressures mount across categories

European cheese markets face supply pressures as producers adapt strategies. Analysis of cheddar, mozzarella, gouda trading amid currency headwinds.

Summer calm masks powder procurement urgency as egg markets stabilize

European egg prices resist summer drops while US processing hits 2025 highs. Powder buyers face mounting urgency as forward contracts resume at higher prices.

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.

Biodiesel markets show mixed signals as geopolitical tensions support LSGO prices

FAME0 and UCOME rise on higher LSGO prices while RME drops on harvest pressure. HVO demand could quadruple in Germany.

European whey markets face demand drought as Chinese buyers return to US suppliers

European whey markets face challenges as Chinese buyers return to US suppliers. Analysis of sweet whey powder, protein concentrates, and trade dynamics.

Second half of 2025 opens with dairy market weakness as seasonal pressures mount

H2 2025 dairy market analysis shows widespread weakness despite mixed fundamentals. GDT auction results, butter-cream disconnect, and seasonal pressures.

Vegetable oil markets face pressure as Brent crude weakens and supply forecasts rise

Palm oil, soybean oil, and rapeseed markets decline as Brent crude drops to $67.61/barrel. Get expert analysis on supply forecasts.

Biodiesel prices rebound after sharp decline on Middle East ceasefire

Biodiesel markets recover from ceasefire-driven selloff as European regulations reshape HVO and UCO demand.

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

European sugar market faces weather challenges as 2025-26 pricing negotiations begin

European sugar beet production faces extreme weather as 2025-26 price negotiations begin. Import dynamics and drought concerns shape outlook.

Vegetable oils market declines as Middle East tensions cool

Palm oil, soy oil, and rapeseed prices fall as crude oil drops $5/barrel amid Israel-Iran ceasefire. Get Vesper's Week 26 market analysis.

Biodiesel prices strengthen on geopolitical tensions and EPA mandate boost

Biodiesel markets strengthen as Iran conflict drives energy costs higher and EPA proposes 5.61B gallon biofuel targets.

Dairy markets face pricing pressures as butter strength contrasts with powder weakness

Latest dairy market analysis shows butter prices holding firm while milk powder markets weaken.

Global whey markets navigate trade uncertainty as Chinese demand shifts between US and Europe

Latest whey powder market trends as Chinese demand shifts between US and Europe. Expert analysis on WPC80, SWP, and WPI.

Vegetable oil prices surge as geopolitical tensions and biofuel mandates drive market volatility

Vegetable oil markets surge as Brent crude hits $73.23/barrel amid Israel-Iran conflict and EPA proposes higher biofuel targets.

Biodiesel prices surge as ISCC certificate suspension rocks European market

Biodiesel prices surge as ISCC certificate suspension hits major European producer.

European cheese markets enter summer calm after Q3 trading activity

European cheese markets enter summer calm as Q3 trading activity slows. Cheddar, emmental, gouda, and mozzarella prices stabilize amid buyer-seller standoff.

Vegetable oil markets face supply uncertainty as rapeseed crops disappoint

Rapeseed crops disappoint as EU production cut to 18.6M tons. Palm oil pressured by Malaysian inventory while soy complex gains on energy rally.

Biodiesel markets caught in regulatory whirlwind as policy uncertainty deepens

Washington's tariff reversals create biodiesel market paralysis. Congressional incentives pending while feedstock flows shift.

Dairy markets surge as peak milk season ends, butter prices trigger buyer anxiety

Dairy markets rally as Northern Hemisphere exits peak milk production. Butter hits €7,500/mt amid supply fears. Raw milk, cream prices jump.

Whey markets struggle to find middle ground as trade tensions intensify

Whey ingredient prices hit extremes as trade tensions disrupt markets. WPC80 up 255% in 2 years while lactose, WPI show volatile swings.

China's massive Sugar purchases signal market shift as Asian production outlook strengthens

China purchases 2.5M tonnes raw sugar exhausting import quota while Thailand's production outlook strengthens.

Biodiesel markets face mixed pressures as feedstock dynamics shift in late May 2025

Biodiesel prices show mixed trends as UCO imports surge 17% and RME strengthens on rapeseed concerns.

Global Egg markets show signs of stability as Avian Flu pressures begin to ease

European egg prices defy seasonal expectations while US markets correct following Memorial Day. Avian flu impacts ease as markets show cautious optimism.

US dairy markets show strength amid VUCA environment as Butter prices surge $0.16/lb

US dairy markets rally as butter prices surge $0.16/lb following unexpected cold storage data. NFDM and dry whey gain on weak dollar.

European cheese markets show signs of tightening as Q3 demand accelerates

European cheese prices stabilize as Q3 buyers return to market. Mozzarella hits €4,130/mt, production concerns loom.

Sugar prices under pressure as global surplus expectations dominate market sentiment

Global sugar surplus drives prices lower despite European beet acreage cuts and drought stress. Raw sugar hits $17.2/lb.

Dairy market weekly: Stalemate continues as butter and powder markets seek direction

Latest VPI shows European butter at €7,200/mt while SMP retreats to €2,380/mt.

Prices hold firm despite LSGO decline

Prices hold firm despite falling LSGO values as Greenergy suspends UK operations and US grants 163 Small Refinery Exemptions.

US-China tariff relief reshapes global whey and lactose markets

Latest Vesper Price Index shows European WPC80 at €12,000/mt while US prices hover at €9,249/mt amid temporary China tariff reductions.

Biodiesel market watch week 20: UCO prices under pressure on higher supply to EU

Our Week 20 biodiesel market analysis reveals weakening UCO prices in China and Europe despite 16.8% higher EU imports.

European cheese market update: Buyers find no bargains as demand surges

European cheese consumption surges 16.91% YOY, driving unexpected price increases despite peak production. Get the latest on cheddar, gouda, emmental and mozzar

Sugar market analysis: Short-term volatility amidst long-term pressure

Vesper's latest sugar market analysis reveals short-term price support from Brazil's 53% production drop, while long-term bearish pressure looms from India and

Oceanian prices exceed expectations on the GDT

Latest Vesper market report reveals Oceania WMP jumped $365/mt at GDT while European butter falls to €7,100/mt amid peak milk production. Discover critical EU-U

US-China trade tensions create pricing arbitrage opportunities in global dairy markets

Latest Vesper Price Index reveals significant arbitrage opportunities in global dairy markets with EU WPC80 prices 33% higher than US. Discover how shifting tra

Global oils & fats market faces headwinds amid economic contraction and supply chain shifts

Explore Week 19's oils & fats market trends: US economy contracts 0.3%, Brent crude falls to $60.23, Malaysian palm stocks rise 15% while Indonesian exports dro

US-China tariffs disrupt global dairy market: whey markets see 38% price gap

Latest dairy market intelligence reveals significant price divergence as US-China tariffs disrupt global whey supply chains. See how production growth across US

CBOT Soybean Oil Reclaims Premium Over BMD Crude Palm Oil After Prolonged Discount

In a shift observed across the edible oil markets, soybean oil prices have moved above palm oil prices , reversing a trend where palm oil held a higher...

US dairy markets hold steady amid global economic turbulence, tariff negotiations critical for export outlook

Discover how US dairy markets remain stable amid economic turbulence, with February production trends and 90-day tariff negotiations reshaping export dynamics.

Biodiesel markets react to Trump's tariff pause

Biodiesel markets rebound as Trump pauses tariffs for 90 days while escalating China trade war to 125%.

Global dairy market shifts as US-China tariffs reshape whey trade flows

China's 104% tariffs on US whey products are reshaping global dairy trade flows.

Global vegetable oil markets disrupted by Trump's 10-50% tariff policy: Palm, Soy, Rapeseed, and Sunflower Oil impacts

Discover how Trump's new tariff policy is disrupting global vegetable oil markets with our expert analysis.

US Cocoa tariffs shake global markets: supply squeeze meets trade tensions

New US tariffs of up to 21% on cocoa imports collide with a 40% drop in Ivory Coast production, sending futures tumbling from $9,492 to $7,800.

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.

Global dairy markets face perfect storm: US tariffs, FMD, and supply imbalances

Discover how new US tariffs, China's retaliation, and European FMD cases are reshaping global dairy trade patterns.

Biodiesel markets shaken by Trump's new tariff policies

President Trump's economic emergency declaration introduces tariffs up to 54% on biodiesel imports, threatening Chinese UCO supply chains while creating opportu

Biodiesel market sees positive shift as prices rise and feedstock costs decline

The biodiesel market sees renewed optimism with rising prices and improved margins as waste feedstock costs decline.

Butter finds buyers while powder markets struggle

Latest dairy market analysis shows European butter selling rapidly despite price adjustments, while SMP and WMP markets struggle with weak global demand.

Whey protein markets: diverging paths between concentrates and sweet whey powder

Latest whey market analysis reveals supply constraints driving WPC80 and WPI prices, while sweet whey powder buyers remain hesitant ahead of Q2.

RK Singhal says CPO should decrease by $50/mt to attract Indian demand

Palm oil trading volumes decline as prices remain uncompetitive. Vesper forecasts CPO at $1,000/mt from April.

Coconut oil prices surge amid supply constraints and rising global demand

Coconut oil prices surge to $2,306/mt as Philippine copra shortages meet record US/European demand. January exports reach 140K mt high.

Trade wars trigger global vegetable oil price decline: Vesper's week 10 market analysis

Trump's tariffs drive global veg oil prices down despite tight Malaysian palm stocks. Bearish outlook for palm oil through 2025.

Biodiesel market update: prices decline amid increased Asian supply

Week 8 biodiesel update: Prices drop as Asian imports impact demand. Stay informed on feedstock trends and biofuel policy shifts.

Vegetable oils market analysis – week 8: palm oil prices drop amid lower Indian imports

Palm oil prices drop as India’s imports hit a 14-year low, while Indonesia’s exports surge. Get the latest market insights.

EU enforces final anti-dumping tariffs on Chinese Biodiesel – market reacts

EU enforces final anti-dumping tariffs on Chinese biodiesel, cutting exports to record lows and reshaping global trade. Explore the market impact.

Palm Oil market surges as stocks fall short of expectations

Palm oil prices surge as Malaysian production and stocks fall below expectations, while Indonesian exports drop sharply. Explore the market impact.

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.

Key Drivers Behind the Rise in European White Sugar Prices and What to Expect in 2025

Explore the latest European white sugar prices, the key factors behind their rise, and what to expect in 2025.

The Global Impact of Foot and Mouth Disease (FMD) on the Dairy Market

Explore the impact of Foot and Mouth Disease (FMD) on the global dairy market, from price shifts and buyer preferences to trade bans.

Global Biodiesel and Vegetable Oil Markets See Mixed Movements Amid Political and Economic Developments

Explore the latest trends in biodiesel and vegetable oil markets, including price drops, regulatory updates, and global supply forecasts.

How the Dairy Market is Reacting to Foot-and-Mouth Disease in Germany: Impact on Butter, SMP, and WMP Exports and Prices

Explore how foot-and-mouth disease (FMD) in Germany is disrupting the dairy market. Get insights on the impact on butter, SMP, and WMP prices

Whey Protein Prices Remain High: Market Adjustments and Geopolitical Tensions

Geopolitical uncertainty and shifting market dynamics impacting the whey protein market. Get insights on the 2025 outlook and price trends.

Butter Market Faces Uncertainty: Price Declines and Bumpy Road Ahead

Explore the uncertainty in the butter market, with expected volatility ahead. Stay informed on what is shaping the 2025 outlook

Heavy Rains and B40 Mandate Drive Palm Oil Prices Higher, RKS Insights Is Bullish

Explore why palm oil prices are rising, with insights on the B40 policy and RKS market outlook. Stay ahead with the latest palm oil trends.

Biodiesel Market Update: Key Trends Driving Price Dynamics

The biodiesel market is experiencing notable shifts, with key factors shaping pricing and demand trends across regions. Biodiesel Prices Decline Amid Softer ...

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...

3 Key Drivers Behind Rising Palm Oil Prices

Palm oil prices surge as Malaysian supply tightens and demand rises, boosted by bullish market sentiment from the IPOC event.

U.S. Clean Fuels Tax Credit (45Z) Guidance Looms, Poised to Shake Up Vegetable Oil and Biofuel Markets

Explore the 45Z tax credit's impact on biofuels, U.S.-sourced feedstocks, and global vegetable oil trade as industry awaits new guidance.

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.

Canadian Canola Shipments Rise Amid Chinese Buyers' Uncertainty Over Antidumping Investigation

Canadian canola shipments surge amid Chinese antidumping concerns. Explore the impact on global oilseed markets.

Sugar Prices Remain Elevated as CS Brazil Falls Short: Discover How Future Forecasts Impact the Market

CS Brazil’s sugar production drops by 16.21% YoY in September, due to unfavorable weather and lower cane crush.

POME Market Update: Price Movements and Regulatory Changes

The latest insights on BMD Crude Palm Oil prices, Malaysia's palm oil stocks, and rising POME prices and Indonesia's new export regulations.

Upward Pressure for Global Lactose Prices

Global lactose prices rise due to tightening supply and strong demand, with the EU and US Vesper Price Indices reflecting increased costs.

How Middle East Tensions Are Shaping the Biodiesel and Feedstock Markets

Explore the latest trends in the EU biodiesel and feedstock markets, influenced by fluctuations in LSGO prices amid Middle East tensions.

Palm Oil Hits Yearly High Amid Surging Brent Crude Prices

Palm oil prices hit a yearly high as Brent crude oil surges by 12.1%, driven by Middle Eastern geopolitical tensions.

Lower Sugar Production Forecasts: Where Will Q1 2025 Supply Come From?

Brazil’s recent drought and fires have reduced sugar production estimates for the 2024/25 season to 39 MMT, down from 40 MMT.

EUDR-compliant S.G. Low Moah Crude Palm Oil Benchmark Rises Week-Over-Week

Discover the latest trends driving Vesper's EUDR-compliant S.G. Low Moah Crude Palm Oil Benchmark upwards.

India's Import Duty Hike: Impact on Global Vegetable Oil Prices

India raises import duties on edible oils, impacting palm oil and global vegetable oil prices. Download our market highlights for free.

European Butter Prices Hit Record Highs – What Do Butter Price Forecasts Say?

European butter prices reach an all-time high of €8000/mt. Discover key factors driving this rise and what butter price forecasts predict.

Vegetable Oils Prices Down as Brent Crude Oil Hits Lowest Level This Year

Brent crude oil hits a yearly low, leading to a decline in palm oil, soybean oil, and other vegetable oil benchmarks. View the latest prices.

Cheese Market Stabilizes After Surge: What Buyers Need to Know About Price Trends and Forecasts

Discover current price trends for Cheese - After a rapid surge, cheese prices have stabilized, raising questions about sustainability.

Rising Global Sugar Deficit Forecasted

Discover how recent policy shifts in India and severe fires in Brazil are impacting sugar supply - forecasted deficit of 3.58 MMT for 2024/25.

BMD Palm Maintains Tight Spread with CBOT Soy Oil Amid Historically Low June and July (est. by Vesper) Indonesia Stocks

Explore how BMD palm oil prices are maintaining a tight spread with CBOT soybean oil amid supply and demand shifts in Indonesia.

Animal Fats Prices Fail to Grow with Veg Oil Prices Due to Pressure from Low Demand

Discover why vegetable oil prices are rising due to global factors, while animal fats struggle with low demand.

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.

Is the Global Sugar Market on the Brink Amid Mounting Uncertainties?

Explore the latest insights on the global sugar market's volatility amid Brazil's drought and policy uncertainties in India.

Milk Prices Expected to Stay High Due to Worldwide Supply Constraints

Discover how rising temperatures, bluetongue disease, and a reduced dairy herd are driving milk shortages and price increases.

Will CBOT Soybean Oil's Bearish Price Trends Persist Following WASDE's Bearish Soy Update?

Uncover the reasons behind the CBOT soybean oil price drop and how supply, farmer actions, and market sentiment could impact future prices.

How will India’s and Brazil’s Sugar Production Projections Impact Global Prices?

Learn how India’s and Brazil’s sugar production forecasts may impact global prices, and explore Vesper’s price forecast predictions.

Weather Drives Volatility in CBOT Soybean Prices: Discover Vesper's AI-Driven Price Forecasts for the Next Six Months

Discover how weather and geopolitical events are impacting CBOT soybean prices, and learn what Vesper's price forecasts are predicting.

More Attention to Sustainable Aviation Fuel as EU Excludes It from Antidumping Duties

Discover how the European Commission's latest anti-dumping measures impact biodiesel markets and why SAF is gaining strategic importance.

GDT Auction Sees Modest Increase in Price Index, Driven by Fats and Cheddar

The latest GDT auction shows a modest 0.4% increase in the price index, driven by milk fats and cheddar, while milk powders declined.

Trump Sends CBOT Beans to Multiyear Lows?

Soybean oil prices dropped significantly, due to the increased likelihood of Trump winning the US elections.

Early signs of trouble ahead in the global sugar market

The sugar market sees a price rise due to concerns over CS Brazil's 24/25 sugar output potentially falling short from early drought.

Soybean market update: fluctuating weather conditions and robust supply impact prices

Soybean Oil prices fall on CBOT and Vesper Argentina Forward Price Index due to U.S. weather and strong LATAM supply.

Butter Market Update: Tight Supply and Steady Demand Keep Prices High

As of June 19, 2024, the EU Vesper Price Index (VPI) for butter stands at €6600 EUR/MT. Discover the price drivers here...

European biodiesel prices are strengthening due to strong LSGO prices

Discover how rising LSGO demand and potential Dutch policy changes are driving up European biodiesel prices.

Biodiesel Prices Drop from Highs Amid LSGO Decline

Despite a recent decline, biodiesel values remain elevated, influenced by the Israel-Hamas conflict and OPEC+'s production decisions.

Accelerated Sugarcane Milling in Brazil and Its Global Impact

Discover how dry weather has accelerated sugarcane milling in Central-South Brazil, boosting sugar production and impacting global markets.

Dairy Market: European liquids prices are through the roof, with cream reaching extremely high

Discover the latest trends in the European dairy market. Declining milk production and more buyers influencing butter, SMP, and WMP prices.

Palm Oil Update: Higher Freight Rates and Improved Production

Stay informed with the latest in the palm oil market. Explore the impact of increased freight rates and enhanced production on the industry.

Biodiesels and feedstock up, EU biofuel processing margins still tight

The latest in EU biodiesel dynamics: Prices firm amid rising feedstock costs and tight margins, with transport challenges affecting market

Global Palm Oil Prices Slide Amidst Recovering Production and Export Challenges

Explore the decline in global palm oil prices due to increased Malaysian production and reduced exports, impacting stock levels.

Biodiesel Market Update: Feed Prices are Firm, but the Trading Activity is Limited

Biodiesel market update: EU biodiesel prices drop amidst increasing Argentine SME imports, while feedstock price remain stable.

Prices plunge in the sugar market, as supply concern fades

Sugar prices fell sharply last week, returning to January 2023 levels as supply concerns. Get detailed insights on price changes here.

Prices for Biodiesel Fall due to High Crude Oil Supply

Understand the impact of high crude oil supplies, gasoil market shifts, and feedstock price declines on biodiesel markets.

Increase in West-EU Biodiesel Prices Following New Legislations and Import Duties

Explore the significant increase in West-EU biodiesel prices driven by new German legislation and anticipated import duties.

The 24/25 CS Brazilian sugar cane crop season off to a robust start

Discover the latest updates on Brazil's sugar cane crop season. Despite weather challenges, production levels surged in March.

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

Discover how RME, UCOME, FAME 0, and HVO (UCO) prices have soared in response to policy changes and market dynamics.

Rising EU Biodiesel Prices: Insights from the Latest Report

Explore the surge in Vesper West-EU Price Index for RME, UCOME, and FAME 0, and understand the drivers behind this increase.

Diverging production outputs from global sugar markets

Dubai & Datagro Conferences reveal a lower cane availability in CS Brazil, while India's pivotal export changes affect global sugar prices.

Crude palm oil prices inch up on the MPOB report

Discover the impact of production drops, export declines, and stock reductions on crude palm oil prices according to the latest MPOB report.

The Relationship between Biodiesel Prices Increases and Used Cooking Oil

Discover the latest dynamics in the EU biodiesel market with a notable uptick in prices across RME, UCOME, and FAME0 indices.

EU Sugar Production Forecast for 2024/2025, including Pricing Insights

Stay ahead with our EU Sugar Production Forecast for 2024/2025. Get insights into beet cultivation, market trends, and price indices.

Will EU palm oil prices stay at a premium to other vegetable oils?

Discover how the Red Sea crisis and high origin prices impact palm oil prices. Will EU palm oil prices stay at a premium?

Global sugar prices: a temporary standstill or a prelude to change?

Global sugar prices: Uncover the key factors that led to a substantial recovery in the sugar market in January.

Palm Oil and Soybean Oil Prices: Latest Updates and Future Projections

Stay updated on palm oil and soybean oil prices, with insights from the latest MPOB report and impact of mineral oil price.

Biodiesel prices are now at their lowest levels since June 2023

Biodiesel Prices Plummet: Discover the four reasons behind the decrease in biodiesel prices, now at their lowest levels since June 2023.

Adjusted Indian sugar production forecast for the 23/24 season due to better-than-expected January yields

Check out the latest sugar yields and their effect on India's sugar production forecasts - a narrowing gap in sugar production.

Weakened EU biodiesel complex due to sluggish demand and an increase in feedstock prices

The EU biodiesel complex has weakened since the previous report. Check out the latest price for RME, FAME, UCOME, and UCO here.

Weaker European Cheese Market due to Inactivity

Explore the current state of the European cheese market, facing a downturn due to inactivity among buyers and suppliers.

Soybean oil complex strengthens on massive new Phillips 66 renewable diesel plant

Explore how the soybean oil complex strengthens on the massive new Phillips 66 renewable diesel plant and more...

Unexpected Biodiesel Price Decline Amidst LSGO and Vegetable Oil Increase

Explore why the biodiesel prices have weakened since the previous report, through input from Vesper's global network.

Dairy market insights: Price gaps for butter and powder are decreasing among the major producing regions

Explore the latest dairy market update revealing a significant reduction in butter price gaps across major regions (Europe, Oceania, US).

Sugar market trends 2024: Growing Reliance on Center-South Brazil

Sugar market trends 2024: Explore the balance between global sugar stocks, historically low sugar prices and supply and demand uncertainties.

Soybean Oil Market Update: Soybean Oil Prices Weaken on Improved LATAM Weather and Slow Demand

Soybean Oil Market Update: Get insights into recent price shifts, market projections, and the upcoming WASDE report.

Dairy market update: GDT and Vesper Price Index confirm steady prices amid seasonal adjustments

Dairy market update: monitor market trends for dairy products like Butter, SMP, WPC80, WPI, and more with our latest Vesper Highlights.

Vesper's Biodiesel Market Insights: Mixed European Biodiesel Prices

Vesper's Biodiesel Market Insights: explore the mixed European Biodiesel Prices in 2024 with Vesper's Market Highlights.

European sunflower oil Market Update

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

Global palm oil market experiences price decline amidst lower export figures and falling brent crude Oil prices

Discover how decreased exports from Malaysia and falling Brent Crude Oil prices are impacting palm oil and palm kernel oil prices.

Rise in CBOT Soybean Oil prices and the Vesper Argentina Forward Price Index for Crude Soybean Oil

Explore the recent rise in CBOT soybean oil prices, driven by bullish US soybean oil numbers and supply challenges in Brazil.

Sluggish demand within the European diesel and biodiesel market in Q4

Explore biodiesel trends: RME prices rise, UCO falls, with Vesper's precise pricing data and market Highlights shaping your strategy.

Palm oil market update: global price increases

Get the latest on palm oil prices, MYR factors, and Indonesia's export scene in our comprehensive October 2023 market update. Stay ahead!

Factors contributing to the global decrease in rapeseed oil prices

Discover the latest sentiments in diesel and biodiesel demand with Vesper, and see how economic shifts affect the vegetable oil market.

India extends export restrictions on sugar out of concerns about global sugar availability

Learn about India's extended sugar export restrictions with Vesper. Adapt your trading strategy based on global sugar availability concerns.

The whey market: the drivers behind the significant price jump

Discover what's fueling price surges in the European whey market. Gain insights into liquid whey, whey powders, and export dynamics.

Palm oil market update: Declining prices for palm oil and palm kernel oil

Explore the latest developments in the palm oil market, including the factors driving declining prices. Discover the impact of Brent Crude oil prices, reduced d

Global sugar prices declined due to drop in Brazilian Real and crude oil prices

Discover why sugar prices have taken a hit, influenced by the weakening Brazilian real and falling crude oil prices. Get insights on Sugar No. 11 and Sugar No.

Malaysian BMD and European cash palm oil prices move in different directions

Discover the growing palm oil price discrepancy between Europe and Malaysia. The trend was due to several factors: higher export numbers coming from Malaysia, n

Bullish shift within the butter and whey market

Explore the bullish trends in the butter and whey market with Vesper. Get expert analysis to guide your investment decisions.

Global sugar market update: a bittersweet forecast for Q1'24

Get the latest on Q1'24 global sugar forecasts with Vesper. Learn what makes the outlook bittersweet for better investment choices.

Narrow UCOME-RME spread - more appetite for lower CFPP blends

Learn about the narrow UCOME-RME spread and its impact on CFPP blends. Vesper's insights help you adapt your commodity trading strategy.

Cheese Highlights: confusion, confidence, and cracks?

Navigate the complexities of the cheese market with Vesper's highlights. Understand confusion, confidence, and market cracks.

Mixed signals in the Vegetable Oil complex: a snapshot of the latest price trends

The global vegetable oil complex this week has presented us with a patchwork of fluctuations. With some oils such as palm, soybean oil (cash), coconut, and oliv

EU biodiesel is down w-o-w, Vesper hears large purchases of Chinese biodiesel

Learn about the EU biodiesel dip and Chinese market movements with Vesper. Adapt your trading strategy with our timely insights.

Logistical bottleneck keeps sugar prices elevated, as the global market leans on Brazil

Weather-related challenges in Thailand and India strain global raw sugar supplies, increasing reliance on Brazil. Sugar prices remain high due to logistical con

Here’s why the latest WASDE figures for the US soybean forecast 23/24 didn’t satisfy bullish expectations

Recent WASDE report figures for US soybean 2023/24 align with average trade estimates, defying bullish expectations, and leading to lower CBOT soybean oil price

Higher crude palm oil and palm kernel oil prices driven by El Niño weather concerns in Asia

Get the latest insights on export, production, and stock. Vesper anticipates a slightly bullish palm oil market.

Monsoon woes and production delays: price increase

Understand how monsoon woes and production delays are driving price increases. Vesper offers timely insights for your commodity investments.

The biodiesel complex up

Discover why the biodiesel complex is on the rise with Vesper. Get the insights you need to make informed trading decisions.

Growing concerns about global demand for dairy products

Discover the Growing Concerns in the Dairy Industry: Will Milk Prices Hold Steady at $2350/mt? Uncover the Uncertainty Surrounding Dairy Demand and Commodity Pr

Indian milk production two years behind schedule, although growth is expected to return

Explore India's milk production trends, import shifts, and growth forecasts on Vesper. Get updated stats and global market insights.

China's milk production sees modest growth in 2022-2023

China aimed for 70% dairy self-sufficiency by 2020, reaching 66% by 2022. High milk prices drive growth, but recent drops pose challenges.

High cheese prices among weaker dairy complex: How much longer can the cheese market maintain its current prices?

Stay informed on cheese prices & trends, navigate fluctuating milk production's impact on valorisation & exports.

Export bans triggered by droughts in India

India's drought hits Maharashtra's sugarcane, sparking sugar export bans, rising prices. Get updates from Vesper.

Unfavourable weather conditions in the US and increased exports of palm oil from Malaysia firm prices

Crude palm oil prices rise on Malaysian exports and global factors, but a shift to bearish sentiment looms amidst economic concerns.

Brazilian Real and Crude dips lower sugar prices

The sugar market has been experiencing a series of ups and downs, with prices recently retreating due to the weakening of the Brazilian real and a drop in crude

Palm oil prices decline, despite slightly bullish MPOB reports

While the report initially provided a degree of support to palm oil prices in the previous week, these gains proved to be short-lived. The decline came about du

Limited trading activity characterises the UCOME market amidst rising prices

Explore the UCOME market's nuanced landscape with rising prices and limited trading activity. Uncover the impact of low liquidity and increased UCO prices on UC

Projected Global Shortfall Spurs Surprising Price Decline

Navigate the surprising dynamics of the global sugar industry in the face of projected deficits. Discover how key regions like Brazil, India, EU, Ukraine, and T

Cheese Highlights: just start very high, you can always settle for less

Master the cheese market with Commodity Intelligence - Vesper offers valuable insights into cheese market trends, pricing, and trade dynamics. Make informed dec

Vegetable oils navigate mixed trends amid weather-driven volatility

Explore the dynamic shifts in the vegetable oil market as palm, soybean, and sunflower oils react to diverse influences. Discover the rising trends in rapeseed,

Falling veg oils pressure biodiesel outrights

Discover how falling vegetable oil prices are affecting biodiesel outrights. Vesper gives you the insights to adjust your trading approach.

India's sugar market outlook: Monsoon's crucial role in alleviating production shortages

The sugar market surged with prices up by 38.58% due to tight supplies and disappointing cane yields in India, leading to reduced exports. Monsoon performance a

Cheese Market: Prices crumble as demand weakens

Discover the current state of the cheese market as prices decline and demand weakens. Cheese manufacturers are grappling with busy schedules and seeking outlets

Highlights on the global cheese market: The bigger the uncertainty, the bigger the premium

Global cheese market stabilises with balanced supply and demand, minimal price movement despite Q3 premiums.

Highlights on the global sugar market: Prices slump on the outlook of a massive Brazil crop

After 5 weeks of hiking sugar prices, it seems that the market was expecting further confirmation on the first production numbers from Center-South Brazil,...

Highlights on the global sugar market: Crop slowdown, export delays, and weather disruptions

Stay updated with Vesper's highlights on global sugar market factors. Learn about crop slowdowns, export delays, and weather impacts.

Understand future Brazilian sugar production levels with Vesper’s new Sugar/Ethanol parity widget

Get ahead with Vesper's new Sugar/Ethanol parity widget. Forecast future Brazilian sugar production levels for smarter trading.

Highlights on the oils & fats market: Extension of the grain corridor at risk?

Central bankers who manage trillions in foreign exchange reserves are loading up on gold as geopolitical tensions force them to revise their investment...

Identified by Vesper’s Import/Export Widget: Decreasing European palm oil imports

The use of palm oil throughout Europe is decreasing, as it is losing market share to other vegetable oils. A bad reputation regarding sustainability is...

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 global sugar market: Is the long-term bearish sentiment gone?

Explore with Vesper whether long-term bearish sentiment in the global sugar market has shifted. Make better-informed investment choices.

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.

Vesper's historical settlement graph indicates higher Brent Crude Oil prices after unexpected OPEC+ cuts

On April 2nd, the Organization of the Petroleum Exporting Countries announced to cut 1,16 billion barrels of oil per day from the market beginning in May...

Highlights on the Butter and Whey market: Is someone interested in proteins?

Dairy market sees strong supply in Northern Hemisphere, with production increases; demand uncertainty affects price stability.

Highlights on the Global Sugar market: Supply remains tight

Sugar prices rise due to supply concerns in Brazil, India, Thailand, Egypt, and Algeria export bans, plus UAE operational issues.

Highlights on the Cheese market: No pressure, and therefore no trades

The market feels quiet, inactive, and predominantly uncertain at the moment. A period of increased activity is behind us, while the future is still a black...

Highlights on the Butter and Whey market: What will we do with all these liquids?

Week by week, there is more milk coming in on the Northern Hemisphere. The spring milk flush is getting started, which keeps on pushing milk into the dairy...

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

The collapse of the Silicon Valley Bank (SVB) caused great panic in the global financial markets, especially in the US. This panic is no surprise due to the ...

Highlights on the Global Sugar market: Brazil is in the picture, again

Dubai Sugar Conference shows mild bullish sentiment amid global market uncertainties and Brazil's tax changes.

Highlights on the Oils & Fats market: Stability after a year of war?

As the war in Ukraine officially lasts now more than a year, a new player on the chess board might be involved soon; China. US officials have intelligence...

Highlights on the Butter and Whey market: Down, up, and then down again

When taking a look back at how much dairy prices decreased since their peak last year (e.g. EU Butter -40%, OCE SMP (Food) -40%, and US SWP (Food) -60%),...

Highlights on the Global Sugar Market: Stable present, bearish future

Sugar prices steady after India's lowered production forecast; Thailand's strong output supports export growth.

Highlights on the Oils & Fats market: slowing down a sluggish market: What happens in China, doesn’t stay in China

This week, China again took the leading role in the global economy and political stage. A Chinese balloon, allegedly equipped with spy instruments, went off ...

Can Europe's maximum refining capacity handle the projected importation of sugar cane?

EU faces 5% drop in sugar production, boosting sugar imports by 24% YoY. Can refineries cope with 2.0 MMT of cane sugar imports?

Highlights on the butter and whey market: prices are falling, but where to?

The bearish tone of the current butter, SMP, WMP, and whey powders market is partially caused by lower demand, driven by reduced consumption. This does not...

Highlights on the global sugar market: an expected surplus despite uncertainties

Global sugar market outlook positive with higher production forecasts, despite India and Thailand concerns.

Global production levels for vegetable oils are predicted to reach a record level

Expected price developments for palm oil, soybean oil, rapeseed oil, and sunflower oil of the 22/23 crop year.Vegetable oils remain a key ingredient in the...

Sugar prices slightly reacting to signals of supply in the next months

Global sugar markets face tight stocks into Q4-22, turning deficit for raw until Q1-23, easing with Brazil's new crop in Q2.

Historical high sugar prices push buyers to source outside Europe

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

World's leaders convene in Bali; talks to preserve rainforest

Another week full of interesting developments on the world stage. The G20 summit will take place this week in Bali, while the COP27, the climate change...

The Oils & Fats market experiences some respite — but for how long?

Another interesting week for the global commodities markets. Following the withdrawal from the grain deal, Russia returned to it only a few days later....

What is the current sentiment of the dairy market? The answer differs depending on who we ask

Gone are the times when milk supplies were incredibly tight. Contrary to what was projected over the summer, multiple EU countries and the US have much more ...

France/World: Alpro, Nutricia, Danone dairy to merge

Danone are working towards merging Alpro, Nutricia and Danone Dairy into one business unit, also prompting a new category vision for dairy in which...

Indonesia plans to extend palm oil export tax waiver to end of year

The Indonesian government is planning to extend a palm oil export tax waiver until the end of the year, Reuters reported the country’s chief economic...

Report shows renewable diesel demand could impact US soybean exports

Increased demand for renewable diesel in the USA could bring the country’s soybean exports to a halt by 2030, according to CoBank research reported by The...

USA: Butter stocks sink, exports soar

August butter stocks are down 22% in the US while cheese stocks have risen by 4%. It’s perhaps no coincidence that in the first 7mths of 2022, butterfat...

Certified sustainable palm oil (CSPO) production increases by almost 6% from last year

Production of certified sustainable palm oil (CSPO) increased by almost 6% last year, according to the Roundtable on Sustainable Palm Oil (RSPO)’s latest...

Petrobras reduces prices more frequently than increases, survey shows

Petrobras took longer to adjust prices at refineries this year in periods when values were on the rise in foreign markets compared to intervals in which the ...

Ukrainian crushing companies face tight supply of old and new crop sunflowerseeds

Crushing companies in Ukraine are facing a tight supply of sunflowerseeds due to farmers holding back sales of old crop and low new stocks, compounded by...

Andalusia’s olive oil production drops by 49% due to extreme droughts

Andalusia, Spain's top olive oil region, faces a 49% production drop in 2022-2023 due to extreme weather. Prices surge amid global crises.

Where will fuel prices go in 2023 with Lula or Bolsonaro?

Whether under Luiz Inácio Lula da Silva (PT) or Jair Bolsonaro (PL), the next president of the Republic will have to deal, in 2023, with a reality of high...

China: August WMP imports down 59%

China’s WMP imports in August were down 59% to 30,000t, albeit against record imports last year, as Chinese buyers increase their own manufacturing, relying ...

China reduces forecasts for 2021/22 edible oil production and imports

Forecasts for edible oil production and imports in China for 2021/22 have been cut due to higher international prices and lower import margins, according to ...

EU rejects attempt to further limit crop-based biofuels

EU Parliament maintains 7% cap on crop-based biofuels, rejecting further restrictions to support sustainable decarbonisation in transport.

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

With two mills recently certified to export ethanol to the European market, Tereos Brasil intends to send 25% of its biofuel production in the 2022/23...

Brazil is likely to export record ethanol to Europe this year

Ethanol exports from Brazil are likely to increase to a record high level this year as the exports appear attractive to the domestic market, as per the...

World: Agency leaders urge action on food crisis

The heads of the FAO, IMF, World Bank Group, World Food Programme and WTO have issued a joint statement calling for “urgent action to address the global...

Dairy commodity prices rise by 4,9%; first GDT increase in three months

Catch up on the 4.9% rise in dairy commodity prices with Vesper. Understand the first GDT increase in three months for smarter trading.

Cheese Highlights

Week 32: Spot prices have gone up, but the market is not showing a clear direction Many buyers had placed their bets on the spot market to be covered for...

Cheese Highlights

Discover fresh cheese market updates, price trends, and forecasts to make smarter buying decisions and manage volatility.

Butter | WMP | SMP Highlights

The very calm and quiet dairy market continues, as traded volumes are still down, and buyers and sellers are waiting to see what happens next. Sellers are...

US Dollar Index Reaches 20 Year High

The US Dollar Index hit a 20-year high at 109 in July 2022 following the Federal Reserve System (Fed) tightening policies to combat rising inflation. The...

Vegetable Oil Highlights

Global commodity prices have seemed to recover a bit throughout late last week, from the significant sell-off due to economic concerns and talks about...

Butter | WMP | SMP Highlights

While the dairy markets continue to be slow and many players seem to be enjoying some time off, the talk of the day has switched to the state of the...

Ukraine/UK: Ukrproduct teetering on the edge

Following the release of a trading update on Friday, share dealing in processor Ukrproduct has been suspended by the London Stock Exchange. The company said ...

Vegetable Oil Highlights

Price support in global markets for vegetable oils was swept away again this Saturday as Indonesia announced additional exports to be permitted. The...

Vegetable Oil Highlights

Although the uncertainty is far from behind us, the last weeks have shown more and more losses throughout the entire economic landscape. Next the oils and...

Vegetable Oil Highlights

Indonesia has once again caused a stir in the global vegetable oil market. By turning 180 degrees from an export ban on palm oil to a new focus on...

Vegetable Oil Highlights

It seems that the uncertainty in the market continues to grow and that it is mainly a matter of guessing what awaits us in the near future. The following...

Vegetable Oil Highlights

Uncertainty seems to be growing by the week, as announcements keep coming in and the oilseed complex is moving a lot regarding news and sentiment. There are ...

Vegetable Oils Highlights

The vegetable oils complex is still mainly driven by sentiment and news, as it has been for quite a while now. Last and this week have once again shown the...

Vegetable Oils Highlights

As long as the activity in most markets for vegetable oils is very limited, news and sentiment are still leading the markets more than fundamentals. This...

Butter | WMP | SMP Highlights

Explore the latest market movements, price trends, and forecasts for butter, WMP, and SMP to inform your sourcing strategy.

Ukraine exports over half a million tonnes of vegetable oils in April

A total of 61,007 tonnes of vegetable oils were exported by rail from Ukraine last month, AgriCensus reported. Following Russia’s invasion of the country on ...

Vegetable Oils Highlights

The global vegetable oil markets have been full of curveballs lately, which was shown again late last week. Increasing commodity and food prices is...

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:...

Vegetable Oils Highlights

One of the things that farmers have very little influence on is the weather conditions on and around their farms. They have full control of other things...

China: FEBRUARY WMP IMPORTS UP 40%

China’s February dairy imports were up 2.4% to 258,900t. Total imports for the first 2 months of the year were down 3% at 736,100t.WMP imports stayed strong ...

Vegetable Oils Highlights

As mentioned in previous highlights, the global vegetable oil markets currently are highly susceptive to news and sentiment. Since there currently is a lot...

Dairy Highlights

In the current uncertain commodity markets, security of supply is starting to become more important than the price that is paid. Most players are still...

Vegetable Oil Highlights

The Russian invasion in Ukraine has tightened most vegetable oil markets even further than they were due to the lower production this and last season. For...

Vegetable Oil Highlights

The direct impacts of the Russian invasion in Ukraine are being felt around the world, as crude oil prices are soaring and many other products are...

Dairy Highlights

The world is currently being distraught by the Russian invasion on Ukraine, halting the daily lives of all Ukrainians. The effects of the military action...