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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The global starch market presents a complex landscape in September, with potato starch facing oversupply pressures while tapioca demand remains...
US dairy markets are experiencing significant price pressure, with butter dropping to $1.805/lb and further declines expected as global competition...
Raw sugar futures fell below 16 cents per pound this week, closing at 15.9 cents amid mounting bearish pressures from...
The US wholesale beef market is experiencing a significant correction, with choice cutout prices falling nearly $9 last week and...
Cheese markets across Europe and the United States are experiencing significant downward pressure as buyers delay purchases and sellers struggle...
Coffee prices broke above their recent trading range this week, rising 23.2 cents per pound to $396.85 on the most...
Rapeseed oil prices experienced notable gains this week, with crude rapeseed oil (FDM) October contracts increasing by EUR 20/mt to...
Palm oil prices experienced a marginal increase this week, climbing to MYR 4,383/mt from MYR 4,371/mt recorded in the same...
US dairy markets have fallen through the $2/lb price support level for butter on the CME close to the end...
