Industry news & Vesper highlights
Last week’s open question was whether a heat wave might slow the steady growth in US milk output that has been weighing on prices. This week the heat actually arrived, and NFDM kept falling anyway. After a Monday spike to $1.6975, CME spot NFDM fell three straight sessions to $1.505 by Thursday, down 5.8% on […]
...
The European Commission’s Management Committee for sugar voted on April 30 to partially suspend Inward Processing Procedure (IPP) imports for...
Indian spice markets are showing a consistent pattern across the complex this fortnight. Supply is tight, sometimes severely so, but...
European and North American cheese markets are broadly stable this week, but the underlying tone is slightly bearish. Milk production...
Raw sugar edged higher this week, supported by Brazil’s planned anhydrous ethanol blending rate increase from 30% to 32% (pending...
Cocoa prices have moved higher in recent sessions, with the front-month May 2026 ICE Europe contract closing 3.7% up at...
European rapeseed prices climbed this week, supported by Germany’s adoption of Renewable Energy Directive III (RED III) alongside tight EU...
Butter and milk powder markets are moving in opposite directions, with heavy milk flows pressuring butterfat across Europe, the United...
The ongoing conflict in West Asia and the resulting disruption in the Strait of Hormuz are reshaping export flows across...
Coffee futures fell 8.5 cents over the past week to close at USD 2.878/lb on the most active July contract,...
