Industry news & Vesper highlights
The CME spot call closed mixed this week as the dairy complex absorbed a stronger dollar and the headlines from the US-China summit. Blocks dropped 6 cents to $1.57/lb and barrels fell 3 cents, both to $1.57. NFDM eased $0.02 to $2.2750 after holding around recent record territory. Butter was the only product to firm, […]
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US cheese prices have climbed to levels where international competitiveness is becoming a challenge, while European cheese is being offered...
Raw sugar futures collapsed to 14.37 cents per pound on October 28th, marking the lowest level since April 2021. The...
Coffee futures are heading for a significant price correction, with expectations pointing to a drop to around $3.50 per pound...
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...
