Industry news & Vesper highlights
European and North American cheese markets are broadly stable this week, but the underlying tone is slightly bearish. Milk production in both regions is close to its seasonal peak, and the resulting surplus is leaving cooperatives with limited options. Manufacturing lines are running at capacity, with remaining volumes sold on spot markets to the highest […]
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Coconut oil prices at origin fell sharply this week, with the EXW Manila benchmark declining to $1,918/mt from $2,271/mt previously,...
The ongoing blockade of the Strait of Hormuz is creating mounting pressure across global ocean and air freight markets, with...
Ivory Coast is considering a reform of its cocoa marketing system that would make government-set farmer prices more responsive to...
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...
Europe’s egg market is under severe pressure with Easter just 15 days away. A combination of HPAI and Newcastle Disease...
US non-fat dry milk (NFDM) prices have continued their upward run, rising a further USD 0.08/lb compared to a week...
Corn and wheat prices have moved higher over the past two weeks, supported by rising Brent crude oil prices and...
Wheat futures have pushed higher in recent weeks, but a growing disconnect between futures prices and cash markets points to...
Global poultry markets are heading into the final week of March under a broadly bearish price signal, with both Brazilian...
