Vesper  Updates

Weekly Forecasts

by Vesper Team, Product Marketing
New
Forecasting & Outlook
Improvement
AI
Data

Price forecasts now display weekly data points instead of monthly. The same 12-month coverage now gives you 52 weekly forecasts; 6-month coverage gives you 26 weekly forecasts.

What it does: Shows forecast at weekly intervals rather than monthly What you can do: Track expected price movements week-to-week and time purchases more precisely Why it matters: Spot trends between monthly intervals and answer the tactical question: commit this week or wait? Especially valuable when markets are volatile.


Pro Tip: If forecasts look flat due to scaling (multiple products or long price histories compress the view), zoom in on the graph, temporarily hide other products using the legend, or hover for exact forecasted values.

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Packaging News Category

by Vesper Team, Product Marketing
New
Mobile
Packaging
News & Alerts
AI

Added dedicated news coverage for packaging markets, tracking regulatory developments, sustainability initiatives, and material demand shifts across agricultural supply chains. Our 12th commodity-specific news feed, powered by AI models that filter global outlets to deliver only relevant packaging intelligence.

Why It Matters: Packaging costs can represent 10-30% of total product costs, yet most procurement teams track these markets separately from ingredient intelligence. Policy changes, material innovations, and input cost movements in packaging directly impact your bottom line and product competitiveness.

What's New:

  • AI-filtered news from global outlets, eliminating noise

  • Global and regional packaging market trends

  • Regulatory developments and sustainability initiatives

  • Material demand shifts and supply constraints

  • View packaging feed individually or combined with all 12 commodity feeds

  • Custom keyword notifications

  • Direct keyword and region search within the feed

How to Use It:

  1. Access Packaging News in your lefthand bar navigation

  2. Set up keyword notifications for topics you're tracking

  3. Search by keyword or region to find specific developments

Read the latest packaging news

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Cost Model Forecast & Collaboration

by Vesper Team, Product Marketing
New
Cost Models
Forecasting & Outlook
AI

Vesper has launched Advanced Cost Model Collaboration & Forecasting, transforming how procurement teams build, share, and predict product costs. These features eliminate silos between team members and bring AI-powered forecasting directly into your cost models, enabling real-time collaboration on forward-looking procurement strategies.

What's New:

  • Cost Model Forecasting: View your total product costs up to 12 months ahead (depending on forecast availability). Toggle between historical and forecasted values with full accuracy calculations, detailed forecast tables showing price movements per ingredient, and weighted accuracy scores.

  • Cost Model Sharing: Share any cost model across your organization with granular access controls. Grant view-only permissions for stakeholder reviews or edit access for joint development, with all shared models appearing in a dedicated library.

  • Cost Model Collaboration: Work collaboratively on shared models with real-time updates visible to all collaborators. Receive notifications when colleagues share models or make edits, ensuring alignment on the latest cost structures.

Why It Matters: Cost models trapped in individual spreadsheets create bottlenecks and duplicate work. Meanwhile, static historical data leaves teams reactive rather than proactive. This update enables procurement teams to collaborate on living cost models that look forward, not only backward, turning isolated analysis into coordinated teamwork with visibility into future cost drivers.

How to Use It:

  1. Access forecasting by clicking the toggle in any cost model widget to switch between historical and forecast views

  2. Share models by selecting "Edit" in the cost model widget, then using the share option under "Access"

  3. Set permissions as either "Can view" for stakeholder visibility or "Can edit" for collaborative development

  4. Find shared models in the dedicated section of your cost model dropdown, marked with company models

  5. Monitor changes through the Notifications banner for updates on shared models

How to access? These features are live for all Vesper users. Contact your customer success manager at [email protected] for training on maximizing collaboration workflows.

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1200 New Forecasted Prices Live

by Vesper team, Product Marketing
New
Forecasting & Outlook
Data
API, Download Data, Excel
AI

Vesper has Expanded Forecast Coverage, adding 1200+ new price forecasts across key commodity categories. This massive expansion adds price outlooks to previously unforecasted products, enabling procurement teams to anticipate price movements across their entire commodity basket—from coffee beans to meat cuts.

What's New:

  • 1200+ New Forecasts: Price predictions now available for products that previously showed only historical data

  • Multi-Category Coverage: Major expansion across Eggs, Grains, Meats, and Coffee categories

  • Enhanced Cost Model Predictions: More ingredients in your cost models now are part of forecasts

  • Deeper Market Visibility: Forward-looking insights for specialty and regional products that lacked predictive analytics

Why It Matters: Procurement decisions require forward visibility across all ingredients, not just major commodities. This expansion eliminates forecast gaps that forced teams to make assumptions about future prices. Now, whether you're buying specialty coffee blends or regional meat cuts, you have data-driven predictions to guide purchasing decisions and budget planning.

What's included?

  • Eggs: Shell eggs, liquid, and processed egg products

  • Grains: Wheat, corn, barley, and specialty grain varieties

  • Meats: Beef, pork, and poultry cuts across multiple regions

  • Coffee: Arabica, Robusta, and regional blend benchmarks

  • 12-month forecast horizons (where data availability permits)

  • Automatic integration with existing cost models

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Extended Forecast Horizon - Dairy, Oils&Fats, Sugar

by Vesper Team
Dairy
Oils & Fats
Sugar & Sweeteners
Forecasting & Outlook
AI

Whats New? Vesper is extending our AI-powered forecasting horizon from 6 to 12 months for select dairy, sugar, and oils commodities with established price histories (5+ years of data). This extended visibility enables procurement teams to move beyond tactical buying decisions to support annual budgeting and strategic planning.

Why it matters? Together with expert human analyst outlooks and comprehensive coverage of S&D/Fundamentals, the forecast powered by AI technology gives a comprehensive outlook on future market movements. The extended 12-month horizon allows users to incorporate forecasting into their decision making on more strategic timeframes.

As always, forecasting accuracy is transparently available on the platform for each individual product, allowing users to assess performance and incorporate it into decision-making.

How to Use It:

  1. Access the forecast widgets directly on your custom dashboards (add through the search tool if needed)

  2. If a product has a 12-Month forecast horizon, it will automatically be visible on your screen

  3. Check forecast performance by choosing the 12-Month option in the accuracy dropdown

More products will be added to the extended range in the course of Q2

Related Features: This extended forecasting complements our existing forward-looking toolkit:

  • Forward pricing up to 16 months ahead in the Forward Pricing widgets

  • Expert analyst outlooks for both short and long-term market perspectives

  • Fundamental market drivers dashboard for tracking supply and demand trends

These combined tools give procurement teams unprecedented visibility into future market movements for more confident strategic planning.

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Meat & Poultry News

by Vesper Team
New
Meat & Poultry
News & Alerts
AI

Launched comprehensive news coverage for meat and poultry markets, powered by custom machine learning models that filter and analyze global news sources to deliver relevant, real-time market intelligence.

Why it Matters: Staying ahead in volatile meat and poultry markets requires more than price data. Our data science team has developed specialized models that scan thousands of global news sources, filtering out noise to deliver only relevant market intelligence—giving you the full context needed.

What's New:

  • Live news feed powered by custom ML models that:

    • Track thousands of global news sources

    • Filter for market-moving events

    • Identify relevant industry trends

    • Deliver real-time updates

  • Coverage across all major meat and poultry categories

How to Use It:

  1. Access the Meat & Poultry tab in your news section

  2. Set up notifications for news keywords to keep updated on relevant headlines

Head to news section

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Introducing Two New Ways to Find What You Need

by Vesper Team
New
Improvement
AI


We've launched two powerful features to help you navigate the platform more efficiently: Dashboard Search and Vesbot. Each serves a distinct purpose to help you find exactly what you need, when you need it.

What's New

Dashboard Search: Find and Act

Two simple ways to discover available data:

  1. Direct product search

    • Search for specific products (e.g., "WPI", "Sugar", "Cocoa")

    • See all available data types for that product

    • Add relevant data directly to your dashboards

  2. Category navigation

    • Browse through product categories

    • Select product within the category

    • Explore available data types

Both paths help you discover and organize the data you need in your dashboards.

Vesbot: Ask and Learn

  • Get instant answers about platform features

  • Learn how to use specific platform capabilities

  • Access platform support 24/7

  • Available through the help icon in the bottom right corner

Why It Matters

Finding the right data and understanding how to use it are crucial for making timely decisions. Dashboard Search helps you quickly locate and organize market data, while Vesbot ensures you can instantly learn how to use platform features effectively.

When To Use Which?

How to Use It

Dashboard Search

  1. Click the search bar above your workspaces

  2. Enter what you're looking for (e.g., "WPI prices")

  3. Add Country/region

  4. Add relevant data directly to your dashboards or create a new one

Vesbot

  1. Click the help icon in the bottom right corner

  2. Type your question (e.g., "How do I compare prices between regions?")

  3. Get immediate answers and guidance

  4. Follow up with additional questions if needed

  5. Left with questions? Our Support team is still available to help, just ask Vesbot to connect you.

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Introducing Vesbot: Your AI Chat Assistant 🤖

by Vesper Team
New
Improvement
AI


Meet Vesbot, your new AI-powered platform Support! We're optimizing how you find resources, information and get support to best get Value from using Vesper.

What Vesbot Can Do

Get instant answers about:

  • Where to find certain data

  • Report availability

  • Source information

  • Product specifications

  • Delivery details

  • Platform features and functionality

Smart Support Routing

Need human assistance? Simply ask Vesbot to connect you with our Support team – it's that easy!

How to Access

Find Vesbot in the platform's chat functionality by clicking the Help button in the bottom right of the screen.

Don’t worry, we still pick up the phone!

You can reach us through the phone or whatsapp on: +31 6 43 21 20 19

Send an email to [email protected]

"What's New": Personalized Market Updates in One Tap 📱

by Vesper Team
New
Mobile
AI

Summary: New mobile feature delivers personalized market updates - including prices, news, and analyses - in a single, easy-to-scan feed.

What's New:

  • Daily personalized round-up showing:

    • Latest price updates for your products

    • Forward price changes

    • 2 most relevant news articles

    • 2 key market analyses

    • All filtered to your selected interests

Why It Matters: Quick access to your most important market information while on the move, helping you stay informed without searching through different sections.

How to Use It:

  1. Open your Vesper mobile app

  2. Tap "What's New" from Dashboard or Notifications

  3. Scroll through your personalized updates

➡️ Ready to upgrade?Download our mobile app to access these features.

Download Mobile App

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