Industry news & Vesper highlights
Freight costs are moving in one direction this month, and procurement teams importing through North Europe should plan for more of it. According to logistics provider Shypple’s latest market update, rates from Asia to North Europe have risen for six straight weeks, and the Drewry World Container Index rose 23 percent in the first week […]
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The US dairy market experienced volatility this week as exchange rates, trade developments, and macroeconomic policy created competing pressures. NFDM...
Chocolate manufacturers are discovering that consumers have limits when it comes to price increases. Mondelez International revealed that European chocolate...
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...
