Industry news & Vesper highlights
California almond shipments outperformed expectations in March. Total shipments reached 257.99 million lbs, well above industry estimates of around 225 million lbs and up 16.5% versus last March’s 221.37 million lbs. Pre-report expectations had been conservative due to geopolitical tensions in the Middle East and ongoing weakness in domestic shipments. Exports lead the month Export […]
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Global dairy markets are tightening. A common thread across butter, skim milk powder (SMP), and whole milk powder (WMP) markets...
The global market for whey protein concentrate 80 (WPC80) is tightening at pace. Q2 volumes are close to being sold...
Coffee prices on the most active May contract fell 3.6 cents over the two weeks ending February 20, settling at...
Vegetable oil markets received a broad lift this week as Brent crude oil prices climbed on the back of renewed...
Shipping carriers have withdrawn 125 of 710 scheduled sailings for the period between February 9 and March 15, representing an...
European cheese markets have gained ground through February, defying the price correction that many market participants had anticipated. With EU...
Sugar markets reached five-year lows this week, with NY Sugar No. 11 touching levels last seen in October 2020. The...
Cocoa markets have deteriorated sharply, with prices now down approximately 35% over the past month and around 70% below levels...
Federally inspected broiler slaughter in the US rebounded to 178.4 million head in the first week of February, a 5.6%...
