Vesper  Updates

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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Shipping and Freight Transport Prices

by Vesper Team, Product Marketing
New
Energy & Transport
Data
Partnerships

Vesper has launched Commodity Shipping Intelligence through an exclusive partnership with Upply, bringing freight rate benchmarks directly into the platform. This integration enables procurement teams to track delivered costs by combining commodity prices with real shipping rates for their specific inbound lanes—creating true landed cost visibility.

What's New:

  • Inbound Freight Benchmarks: Real shipping rates for strategic procurement routes, not generic freight indices

  • Upply Partnership Integration: Access to validated freight data from one of Europe's leading logistics intelligence providers

  • Route-Specific Pricing: Targeted lanes for commodity imports (origin ports to destination factories)

  • Multi-Modal Coverage: Ocean freight, road transport, and intermodal combinations where relevant

  • Integrated Cost Analysis: Combine commodity prices with freight to calculate true delivered costs

Why It Matters: Commodity prices at origin tell only half the story. With shipping costs representing 10-30% of delivered prices and extreme volatility in freight markets, procurement teams need visibility into both components. This integration transforms Vesper from a commodity price platform into a complete landed cost intelligence system—critical for accurate budgeting and supplier selection.

How to Use It:

  1. Search freight routes using origin-destination pairs in the platform search

  2. Add to dashboards alongside relevant commodity prices for complete cost tracking

How to access? Freight rates are available to all Vesper users who have access to the Energy and Transport category. For more information, contact [email protected].

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New Weekly Market Analysis: Coffee Report

by Vesper Team
New
Beverages
Market Analysis

Summary: Vesper is excited to announce the launch of a new weekly market analysis report focused exclusively on coffee. This report, authored by industry leader Sucafina, will provide in-depth insights and timely updates on the global coffee market.

What's New:

  • Dedicated Coffee Market Analysis: A specialized weekly report offering expert analysis of the coffee market.

  • Expert Author: Authored by Sucafina, the leading sustainable Farm to Roaster coffee company with a rich history in commodities since 1905.

  • Frequency: Delivered weekly to keep you informed of the latest market movements.

  • Release Schedule: Available every Tuesday afternoon.

Why It Matters:

Coffee is a critical commodity for many of our users, and this new dedicated report will provide invaluable, focused intelligence. By partnering with Sucafina, we're bringing you expert perspectives and analysis to help you:

  • Understand current market dynamics and trends.

  • Anticipate potential shifts in supply, demand, and pricing.

  • Make more informed purchasing and trading decisions.

  • Gain a deeper understanding of the factors influencing the coffee industry, from farm to roaster.

How to Use It:

  • Access the new Coffee Market Analysis report in the Market Analysis section of the Vesper platform.

  • Look for the report updates every Tuesday afternoon.

  • Consider setting up alerts to be notified when the new report is published.

Read the latest report

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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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UK Egg Production Data Now Live

by Vesper Team
New
Data
Bakery
Food Ingredients
Sauces & Condiments

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

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New Weekly Coffee Market Report

by Vesper Team
New
Beverages
Market Analysis

Summary: New weekly coffee market analysis covering Vietnam, Indonesia, Brazil, and China, providing insights into production trends and market dynamics.

What's New:

  • Weekly coffee market reports

  • Coverage of key producing regions

  • Production trend analysis

  • Market dynamics insights

  • Price movement tracking

Why It Matters: Understanding coffee production and market trends is essential for analyzing global supply dynamics and their impact on market prices. This report gives you a head start on coffee market intelligence ahead of planned expansions in 2025

How to Use It:

  1. Navigate to Market Analysis section

  2. Select Beverages category

  3. Find the latest coffee report under Weekly Updates

Use Case Example: Coffee roasters and beverage companies can use these insights to track production trends across major growing regions and anticipate potential market shifts.

Read the latest report

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