Industry news & Vesper highlights
Non-fat dry milk prices rose a further 4.53% this week, leaving them just $0.055/lb below 10-year highs. The move comes against a backdrop of surging milk production across all major regions, creating a striking disconnect between raw material availability and powder market tightness. Powder markets tighten as production rotates away from NFDM The driver behind […]
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Two of Europe’s largest sugar producers, Tereos and Südzucker, have reported major financial setbacks, laying bare the pressure that persistently...
Global dairy markets are tightening. A common thread across butter, skim milk powder (SMP), and whole milk powder (WMP) markets...
The global market for whey protein concentrate 80 (WPC80) is tightening at pace. Q2 volumes are close to being sold...
Coffee prices on the most active May contract fell 3.6 cents over the two weeks ending February 20, settling at...
Vegetable oil markets received a broad lift this week as Brent crude oil prices climbed on the back of renewed...
Shipping carriers have withdrawn 125 of 710 scheduled sailings for the period between February 9 and March 15, representing an...
European cheese markets have gained ground through February, defying the price correction that many market participants had anticipated. With EU...
Sugar markets reached five-year lows this week, with NY Sugar No. 11 touching levels last seen in October 2020. The...
Cocoa markets have deteriorated sharply, with prices now down approximately 35% over the past month and around 70% below levels...
