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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U.S. grain futures rallied sharply ahead of tomorrow’s meeting between President Trump and Chinese President Xi, with markets pricing in...
Sunflower oil prices increased last week, with the November price for crude sunflower oil (6 ports) reaching $1,405/mt from $1,360/mt...
CME butter prices have dropped sharply in recent weeks as abundant raw milk availability across major producing regions pressures the...
German authorities have reached an informal agreement to eliminate double-counting for advanced biofuels including UCOME toward greenhouse gas quotas, according...
European butter markets gained some ground late last week and early this week, as manufacturers reduced immediate stock pressure in...
The ground beef market experienced a sharp price increase this week, with 73% lean ground beef prices climbing from just...
The European WPC80 market has shifted from steady to significantly tight within weeks, as large volume purchases have cleared available...
Coffee futures continued their upward trajectory this week, with the December contract gaining 13.9 cents to close at 413.55 US...
The European sugar market has experienced a dramatic correction over recent months, with prices declining more than 20% since May....
