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.

Summary: Vesper has expanded our egg market coverage by integrating official quarterly UK egg production data. This enhancement provides critical supply information to complement our existing egg price benchmarks, delivering deeper market insights for procurement teams in a category known for significant volatility.

What's New:

• Quarterly UK egg production data from official government sources covering:

  • Eggs, Fresh

  • Egg Enriched Derivatives, Caged

  • Eggs, Free Range

• Reporting:

  • Production volumes across different egg types

  • Quarter-over-quarter production trends

  • Year-over-year production comparisons

Why It Matters: Egg markets have been extremely volatile, mainly due to supply side constraints caused by HPAI recently. With production levels directly impacting price movements. This new production data helps procurement teams anticipate market shifts by tracking supply dynamics, providing essential context for buying decisions and supplier negotiations in a challenging category.

How to Use It:

1. Navigate to the production widget in your dashboard

2. Select the relevant product in the dropdown

3. View production trends quarterly or evolutions compared to the prior years

Related Features: This update complements our comprehensive egg market coverage:

• Vesper Price Index (VPI) for 16 egg products across different production systems

• Expert market analysis for the egg sector

• Global news feed specific to eggs and poultry

• Price benchmarks across caged, barn, and free-range production systems

Summary: Introducing exclusive Vesper Price Indices (VPIs) for eggs and egg derivatives, covering 16 products across different production systems. These weekly benchmarks are built from actual transaction data from key market participants, supported by expert analysis and AI-powered news coverage.

What's New:

• Weekly VPI benchmarks for:

  • Powder Products: Egg White, Egg Yolk, and Whole Egg powders

  • Liquid Products: Egg White, Egg Yolk, and Whole Egg

  • Shell Eggs

• Coverage across three production systems:

  • Caged

  • Barn

  • Free Range

• Enhanced market coverage:

  • Expert market analysis reports

  • AI-curated global news feed specific to eggs and poultry

  • Weekly price updates based on actual transactions

Why It Matters: The egg derivatives market has historically lacked reliable price benchmarks despite significant price volatility. Our new VPIs fill this gap by providing weekly price references based on actual market transactions, helping you validate quotes and track price trends across different production systems.

How to Use It:

1. Access the price widgets

2. Select your product of interest from 16 new benchmarks

3. View price trends, expert analysis, and relevant news in one spot

4. Use the data to support procurement decisions and supplier negotiations

Related Features: This release is part of our expanded coverage for bakery ingredients, complementing recent additions in:

• Flour cost modeling

• Enhanced wheat and grains price benchmarks

• Fundamental coverage (production, trade routes) for grains, dairy, nuts, and more

These tools provide bakery procurement teams with comprehensive insights across their key ingredients.

Expanded sugar price coverage with new country-specific Vesper Price Indices for Germany, Netherlands, Poland, and Spain, complementing our regional EU benchmarks. All benchmarks are updated weekly and remain DAP (Delivered at Place) derived from actual market participants aiding price discovery.

Why it Matters: National sugar markets have distinct dynamics driven by local production, trade flows, and supply-demand factors. While regional benchmarks provide essential context, country-level visibility enables more precise procurement strategies, especially in deficit markets like Spain that rely heavily on imports.

What's New:

• Weekly white sugar benchmarks (ICUMSA 45) for:

  • Germany

  • Netherlands

  • Poland

  • Spain

• Delivery basis: DAP (Delivered at Place)

• Weekly updates every Wednesday

How to Use It:

1. Access Sugar benchmarks in the Prices widgets by searching for ‘white sugar‘

Summary: New wheat flour price calculator now available, combining MATIF milling wheat prices with production costs to estimate realistic flour market values.

What's New:

• Wheat flour price calculation based on MATIF futures

• Customizable input parameters including:

  • Wheat purchase price (FOB French Ports)

  • Original protein content

  • Target protein content

  • Vital wheat gluten price

• Integration of key production cost factors:

  • Electricity consumption

  • Water usage

  • Milling efficiency rates

  • Labor costs

• Medium-sized miller operational model

• Located in Calculations Page under Grains & Feed

Why It Matters: Raw wheat prices tell only part of the story. This calculator helps you understand the full cost structure of flour production, enabling more informed negotiations and better prediction of price movements. Best of all, you can adjust the parameters to match your specific situation and market conditions.

How to Use It:

1. How to Use It:

   1. Navigate to the Calculations Page

   2. Select Grains & Feed category

   3. Choose "Wheat Flour Price - MATIF" calculator

   4. Adjust the input parameters to match your needs

   5. View the calculated theoretical EXW flour price

Part of our expanded grains coverage in Q4 2024, which includes:

• New import/export flow data for grains and flour

• Enhanced production data coverage

• Additional benchmark pricing for grains and flour products

Together, these tools give you a complete view of the market from trade flows to final product costs.

NewNuts & SeedsProduction Data

Summary: Monthly production data from IBGE (Brazilian Institute of Geography and Statistics) for cashews and peanuts, providing official Brazilian production volumes and trends.

What's New:

• Monthly cashew production data (in shell)

• Monthly peanut production volumes (combined 1st and 2nd harvests)

• Data presented in metric tons

• Direct integration with IBGE statistics

• Monthly update frequency

Why It Matters: Brazil's position as a major nuts producer means their production volumes directly impact global supply and prices. This data helps you anticipate market movements and optimize procurement timing based on production cycles.

How to Use It:

1. Access the Production widgets in your dashboard

2. Use the search function to find "cashew" or "peanut" data

3. Select Brazilian production data from the results

Related Features: This release complements our recent expansion of nuts and seeds price data, where we've added more historical data points across all pricing widgets to give you a deeper view of long-term market trends.

Summary: Major expansion of global import/export data coverage across grains, nuts & seeds, and food ingredients - helping you track trade flows and assess supply & demand dynamics.

What's New:

• Grains & Flour

  • Complete trade data for wheat, corn, and specialty grains

  • Coverage of various flour types and grain derivatives

  • Bakery product trade flows

• Nuts, Seeds & Dried Fruits

  • Comprehensive data for tree nuts (both in-shell and shelled)

  • Coverage of dried fruits and specialty seeds

  • Full trade flow visibility for key origins

• Food Ingredients

  • Starches & Gluten

  • Natural & artificial thickeners

  • Egg products & derivatives

  • Essential oils & flavorings

  • Food additives & preservatives

  • Sauces & condiments

Why It Matters: Import/export data provides crucial market context beyond prices. These trade flows help you:

• Assess global supply & demand dynamics

• Track market movements across regions

• Identify emerging trends in your category

• Make more informed buying decisions

How to Use It:

1. Navigate to the Import/Export widgets

2. Select your category and product

3. View import/export flows through our interactive visualizations

4. Use one of 5 different widgets to make trade data actionable

Note: This is our largest trade data expansion beyond our existing coverage in Dairy, Oils & Fats, and Sugar, with more categories coming soon.

Summary: Added grain prices and 6-month forecasts for North America and Europe, with daily and weekly updates.

What's New:

• Regional coverage:

  • North America: CA, US

  • Europe: AR, DE, IT, NL, PL, SE, TR

• Products covered:

  • Barley

  • Corn

  • Durum Wheat

  • Flax

  • Millet

  • Oats

  • Rye

  • Wheat

Why It Matters: More frequent price updates and forward-looking data help you track market movements and time purchases better.

How to Use It:

1. Open Dashboard

2. Find the data available both in the price, price comparison, and price forecast widgets

3. Filter by region and product

Summary: Weekly public quotations now available for key UK grain products including wheat (milling bread, other milling, feed), barley (malt, feed), and oats (milling).

What's New:

• Weekly price benchmarks for 6 UK grain products

• Data integrated directly into your pricing widgets

• Historical price trends included

Why It Matters: Track price developments in the UK grains market with weekly updates, giving you clear visibility into regional market movements for both milling and feed grade products.

How to Use It:

1. Navigate to your pricing widgets

2. Select the product and region from the product filter

3. Add notifications, compare prices, or use any other feature in the Vesper toolbox as needed