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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India is preparing to reduce import duties on soybean oil under an interim trade agreement with the United States, a...
Cocoa futures managed a modest recovery over the past two weeks following sharp declines from index rebalancing and Ivory Coast...
European sugar production is projected to decline to 15.4 million tonnes in 2026/27 from 17.05 million tonnes in 2025/26, reflecting...
CBOT soybean prices surged to 1,115 U.S. cents per bushel from 1,068 cents per bushel over a two-week period, driven...
CME nonfat dry milk prices have jumped 30% over the past month as a short squeeze driven by low production...
CBOT soybean oil prices found support this week following the publication of 45Z guidance by the U.S. Department of the...
European egg markets are heading toward severe Easter shortages as Poland has lost at least 5 million laying hens in...
Polish chicken breast prices decreased 3.7% as the country reported 22 new Avian Influenza outbreaks, resulting in the culling of...
Coffee prices collapsed 50.1 cents over a seven-day period ending February 4, with the most active March contract closing at...
