Vesper  Updates

Vesper for Excel

by Vesper Team, Product Marketing
New
Data
API, Download Data, Excel

Vesper has launched Vesper for Excel, a powerful new integration that brings Vesper's live commodity intelligence directly into your spreadsheets. This feature eliminates manual data entry, allowing teams to spend less time maintaining spreadsheets and more time analyzing markets with real-time data feeding directly into the models and templates they already use.

What's New:

  • One-Click Refresh: Update all Vesper data in your spreadsheets instantly. With a single click, you can access real-time prices, forecasts, FX rates, and fundamentals.

  • Direct Data Access: Pull data from over 160 global sources directly into any cell in your spreadsheet.

  • Native Integration: Vesper for Excel lives natively within your Excel, integrating seamlessly with your existing workflow and templates.

  • No Coding Required: Perfect for procurement, finance, and sales teams who need live data in spreadsheets without any technical overhead.

Why It Matters: The time spent on manual data collection and entry is time lost on strategic analysis. Vesper for Excel automates this process, ensuring the latest market information always powers your most critical models. It shifts your team's focus from data maintenance to data-driven decision-making.

How to Use It:

  1. Download the add-in from the Microsoft Excel marketplace.

  2. Log in with your Vesper API Excel key.

  3. Set up once by using the Vesper for Excel sidebar to choose the data you need (e.g., commodity, price type, date range).

  4. Click "Refresh" at any time to update all data points in your sheet instantly.

How to access? Reach out to your customer success manager or [email protected] to learn more about the Excel Add-in or the various options to extract or integrate Vesper data directly into your workflows

What data? Vesper for Excel offers seamless access to Vesper's data:

  • Vesper Price Index (VPI)

  • Partner and Public price benchmarks

  • Forecasts for Price, Production, and Stock levels

  • FX rates

  • Global trade data

  • S&D/Fundamental data

  • Stock levels

Learn more

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Cost Models: Turn commodity benchmarks into product pricing

by Vesper Team
New
Food Manufacturing
Retail
Cost Models

Summary: Vesper has launched Cost Models, a powerful new feature that transforms individual commodity benchmarks into complete product cost insights. This capability allows food manufacturers to combine weighted commodity benchmarks with standardized non-ingredient costs to build accurate product pricing models, delivering unprecedented visibility into true product economics.

What's New:

  • Build complete product cost models by combining multiple commodity benchmarks with precise weightings

  • Access industry-standard non-ingredient costs (labor, manufacturing, overhead) specific to your region

  • Choose from our template library for common food products or create custom models

  • Track how each component contributes to your total product cost with automatic updates whenever source prices change

Why It Matters: With record-high volatility across food commodities, understanding how ingredient changes impact finished products is critical for maintaining margins. Cost Models provide complete cost structure visibility for your entire organization: procurement teams can verify supplier price increases, finance can track margin impacts across product portfolios, and sales teams can justify price adjustments to customers with independently verified data. Non-ingredient costs can represent up to 47% of total product costs—a critical component that's now visible alongside your commodity benchmarks.

How to Use It:

  1. Access Cost Models through the main dashboard menu

  2. Choose between starting with a template or building a model from scratch

  3. Select ingredients from your available commodities and assign precise weightings

  4. Add country-specific non-ingredient costs by selecting your industry and location

  5. Save your model to track cost evolution over time as prices update automatically

Related Features: Cost Models integrates seamlessly with Vesper's existing capabilities:

  • Individual commodity price benchmarks (VPI, Partner prices, and Public benchmarks found in prices widgets)

  • Incorporate into your own custom dashboards

  • Coming in Q3 2025: Forecasting capabilities for your cost models

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Exclusive: New MPC Dairy Protein VPI

by Vesper Team
New
Dairy
Specialized Nutrition
Vesper Price Index (VPI)
Sports Nutrition

Summary: Enhance your dairy market analysis with exclusive pricing insights for MPC85 (US) and MPI90 (US) - now benchmarked in the Vesper Price Index (VPI), establishing the first reliable market benchmarks for these protein ingredients.

What's New:

  • VPI benchmark prices for MPC85 (US)

  • VPI benchmark prices for MPI90 (US)

  • First reliable market benchmark for these products

Why It Matters: Until now, no reliable price benchmarks existed for these protein ingredients. These new VPIs provide clear market reference prices, essential for both buyers and sellers in the specialized nutrition sector.

How to Use It:

  1. Use the Prices or Price Comparison widget

  2. Add prices using the prices filter

  3. Select MPC85 or MPI90 (US)

Don’t have access to these prices yet?Let us know

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