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Industry news & Vesper highlights

21-05-2026
Jasper Endlich

The global dairy market is running two distinct stories. In milk protein, tightness remains the headline, particularly in the US where NFDM is trading at historically expensive levels and spot availability is difficult. In milkfat, the direction is the other way: European butter production is strong, stocks are building, and the Q2 to Q3 outlook […]

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20-03-2026
Megan Hidden

Wheat futures have pushed higher in recent weeks, but a growing disconnect between futures prices and cash markets points to...

19-03-2026
Jorn Hansen

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

18-03-2026
Jasper Endlich

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...

18-03-2026
Gabrielle Del'Arco

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

18-03-2026
Justine White

The dramatic decline in cocoa prices over the past 12 months is beginning to have consequences for future supply. Cocoa...

18-03-2026
Megan Hidden

Coffee futures basis the most active May contract fell 4.05 cents week-on-week, closing at 292.85 US cents/lb, after briefly reaching...

18-03-2026
Megan Hidden

Wholesale beef prices have been climbing at a rapid pace, with the choice cutout value up nearly $30 over the...

17-03-2026
Gehrman Kosenkov

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

17-03-2026
Megan Hidden

US broiler exports got off to a slow start in 2026, while domestic dark meat markets have continued to show...