Industry news & Vesper highlights
Recent geopolitical escalation around the Strait of Hormuz has not yet removed material oil production capacity from the global system. The disruption is logistical rather than volumetric. The issue is not missing barrels, but uncertainty around deliverability. The situation can be characterized as a “logistics shock, not a volume shock.” Production remains largely intact. However, […]
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U.S. grain futures rallied sharply ahead of tomorrow’s meeting between President Trump and Chinese President Xi, with markets pricing in...
Sunflower oil prices increased last week, with the November price for crude sunflower oil (6 ports) reaching $1,405/mt from $1,360/mt...
CME butter prices have dropped sharply in recent weeks as abundant raw milk availability across major producing regions pressures the...
German authorities have reached an informal agreement to eliminate double-counting for advanced biofuels including UCOME toward greenhouse gas quotas, according...
European butter markets gained some ground late last week and early this week, as manufacturers reduced immediate stock pressure in...
The ground beef market experienced a sharp price increase this week, with 73% lean ground beef prices climbing from just...
The European WPC80 market has shifted from steady to significantly tight within weeks, as large volume purchases have cleared available...
Coffee futures continued their upward trajectory this week, with the December contract gaining 13.9 cents to close at 413.55 US...
The European sugar market has experienced a dramatic correction over recent months, with prices declining more than 20% since May....
