Industry news & Vesper highlights
US butter makers are running flat out, yet the cold store keeps emptying. Stocks ended May at 335.6m lbs, the lowest May reading since 2022 and down 8% on the year. The obvious explanation, that someone stopped churning, is wrong: production hit a record 916m lbs over the first four months of 2026, up 6.1%. […]
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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...
Global poultry markets are heading into the final week of March under a broadly bearish price signal, with both Brazilian...
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...
Crude oil briefly touched $100/barrel following the closure of the Strait of Hormuz, a move that would normally push ethanol...
The dramatic decline in cocoa prices over the past 12 months is beginning to have consequences for future supply. Cocoa...
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...
Wholesale beef prices have been climbing at a rapid pace, with the choice cutout value up nearly $30 over the...
BMD crude palm oil prices rose to $1,176/mt this week, up from $1,123/mt the previous week, supported by a combination...
