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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Raw milk in Europe is hitting spot markets at unusually low prices of €0.10-€0.25/kg in mid-March, yet cheese stocks are...
Crude oil briefly touched $100/barrel following the closure of the Strait of Hormuz, a move that would normally push ethanol...
The dramatic decline in cocoa prices over the past 12 months is beginning to have consequences for future supply. Cocoa...
Coffee futures basis the most active May contract fell 4.05 cents week-on-week, closing at 292.85 US cents/lb, after briefly reaching...
Wholesale beef prices have been climbing at a rapid pace, with the choice cutout value up nearly $30 over the...
BMD crude palm oil prices rose to $1,176/mt this week, up from $1,123/mt the previous week, supported by a combination...
US broiler exports got off to a slow start in 2026, while domestic dark meat markets have continued to show...
The second quarter of 2026 is expected to see a modest softening in tomato paste prices relative to the firm...
Total cassava production for the 2025/26 season is estimated at around 22.1 million tonnes, down from approximately 28 million tonnes...
