Industry news & Vesper highlights
Freight costs are moving in one direction this month, and procurement teams importing through North Europe should plan for more of it. According to logistics provider Shypple’s latest market update, rates from Asia to North Europe have risen for six straight weeks, and the Drewry World Container Index rose 23 percent in the first week […]
...
The market for whey protein concentrate 80 (WPC80) has tightened to an extent that transactions above EUR 20,000/mt are being...
Coconut oil prices at origin fell sharply this week, with the EXW Manila benchmark declining to $1,918/mt from $2,271/mt previously,...
The ongoing blockade of the Strait of Hormuz is creating mounting pressure across global ocean and air freight markets, with...
Ivory Coast is considering a reform of its cocoa marketing system that would make government-set farmer prices more responsive to...
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...
Europe’s egg market is under severe pressure with Easter just 15 days away. A combination of HPAI and Newcastle Disease...
US non-fat dry milk (NFDM) prices have continued their upward run, rising a further USD 0.08/lb compared to a week...
Corn and wheat prices have moved higher over the past two weeks, supported by rising Brent crude oil prices and...
Wheat futures have pushed higher in recent weeks, but a growing disconnect between futures prices and cash markets points to...
