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Top 2 commodities News Today

#1
Kalshi traders say Strait of Hormuz traffic won't return to normal before January
#1 out of 2
world23h ago

Kalshi traders say Strait of Hormuz traffic won't return to normal before January

  • Kalshi traders estimate the Strait of Hormuz will not return to normal traffic before January, signaling prolonged disruption.
  • Odds of normal traffic before August dropped to 21% over the past two weeks due to renewed hostilities.
  • Recent clashes between Iran and Israel have intensified concerns about regional shipping routes.
  • Normal traffic is defined by a seven-day moving average above 60 ships through the strait.
  • Trump commented on the potential duration of the blockade, suggesting it could last through Labor Day.
  • Iran reportedly halted strikes against Israel, but market odds remained largely unchanged.
  • Disclosure notes CNBC and Kalshi have a commercial relationship including customer acquisition.
  • Traders monitor the strait's traffic by tracking shipping patterns and market odds.
  • Analysts say continued tension could affect regional shipping and supply chains into year-end.
  • The article ties the traffic outlook to recent cross-border attacks and ceasefire dynamics.
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#2
Whey protein shortage looms as use of weight-loss drugs fuels global demand
#2 out of 2
business17h ago

Whey protein shortage looms as use of weight-loss drugs fuels global demand

  • Whey protein demand rises globally as GLP-1 weight-loss drugs gain popularity, tightening supply.
  • Prices for food-grade whey in north-west Europe hit a record around €1,700 per tonne.
  • DCA Market Intelligence data shows a 50% price increase since the start of the year.
  • Whey concentrate (80%) prices rose from £4,302 to £23,751 per tonne since June 2023.
  • Some suppliers are already sold out for the rest of 2026, signaling inventory pressure.
  • Manufacturers consider blending whey with milk protein to cut costs while supply catches up.
  • USDA dairy market data highlights tightening whey protein market, especially WPC 34%.
  • Small businesses report price jumps and stock management challenges due to GLP-1 demand.
  • Health guidance urging higher protein intake for GLP-1 users adds to demand pressures.
  • Market response includes new production plants and potential price-neutral strategies.
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