Industry news & Vesper highlights
Last week’s open question was whether a heat wave might slow the steady growth in US milk output that has been weighing on prices. This week the heat actually arrived, and NFDM kept falling anyway. After a Monday spike to $1.6975, CME spot NFDM fell three straight sessions to $1.505 by Thursday, down 5.8% on […]
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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...
