Industry news & Vesper highlights
Butter and milk powder markets are moving in opposite directions, with heavy milk flows pressuring butterfat across Europe, the United States and New Zealand, while US NFDM hit a record on the CME Spot Call and pulled global SMP higher. US CME Spot Call Nonfat Dry Milk reached USD 2.215/lb, or USD 4,883/mt, on Tuesday, […]
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Two competing forces The market is currently navigating two opposing arguments. On one side, differentials for most coffee origins have...
The global paperboard market showed considerable regional divergence in November 2025, with Western Europe under pressure in both cartonboard and...
Grain prices have moved higher over the past two weeks, with the conflict involving Iran, the United States, and Israel...
European cheese prices have continued to increase into early March 2026, with Gouda, Mozzarella, and Cheddar all moving higher despite...
Sugar prices hit multi-year lows in mid-February before recovering modestly, with the rebound linked in part to a sharp rise...
In an unconventional policy move, Ivory Coast has brought forward the start of its cocoa mid-crop season by one month,...
Recent geopolitical escalation around the Strait of Hormuz has not yet removed material oil production capacity from the global system....
The outbreak of military conflict in the Middle East has become the defining market event of the week, with Brent...
Roughly one-fifth of global oil consumption transits the Strait of Hormuz, the narrow maritime corridor between Iran and Oman that...
