Vesper  Updates

Commodity Copilot available from every dashboard

by Vesper Team
Improvement
AI

Commodity Copilot is now accessible from any dashboard through a side panel. Ask questions as you work with your data.

What's new:

  • Copilot side panel is available on every dashboard. Open it without leaving your current view.

  • See your prices, charts, and reports on the left. Ask Copilot about them on the right.

  • Spot something in the data you want to understand? Just ask.

Why this matters:

Before this update, using Copilot meant navigating to a separate page. Now you can look at a price move in your chart and ask what's driving it without losing your place. Data and interpretation, side by side.

How to access?

Open the Copilot side panel using the icon in the top-right of any dashboard, or contact your Customer Success Manager at [email protected].

Consolidated Import/Export, Supply & Demand, and Futures Widgets

by Vesper Team
Improvement

Import/Export, Supply & Demand, and Futures widgets each had multiple versions for different views of the same data. These are now consolidated into a single widget per data type. For example, where you previously had three separate Futures widgets, you now have one that covers all views.

What's new

  • Toggle between table and graph views within each widget

  • Switch between historical and forward data without leaving the widget

  • All controls are built into the widget, so one widget now does the job of several

Your existing widgets have been automatically replaced with the new versions, using the same parameters you had selected. Nothing changes to your dashboards. If you want different views side by side, you can duplicate a widget and set each one to a different view.

Why this matters

Where you previously needed multiple widgets to see the same data in different formats, one widget now covers it. Dashboards stay cleaner, and you spend less time setting up views.

On mobile, the consolidated widgets will follow at a later stage. For now, the previous versions remain available there.

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Major US Price Expansion: 286 New USDA Series

by Vesper Team
New
Data
Vegetables & Pulses
Fruit
Meat & Poultry
Food Ingredients
Grains & Feed
Oils & Fats
Herbs & Spices
Chemicals
Sugar & Sweeteners

Vesper now includes 286 new price series from 13 USDA MARS reports, one of the most widely referenced public pricing sources in US agricultural markets. This is our largest single USDA expansion to date.

What's New:

  • Vegetables & Pulses: 107 new price series including potatoes, tomatoes, bell peppers, onions, carrots, broccoli, squash, black beans, pinto beans, lentils, chickpeas, and yellow peas

  • Fruits: 80 new price series covering apples (Gala, Honeycrisp, Fuji, Cosmic Crisp and more), oranges, grapes, strawberries, peaches, pears, bananas, kiwi, and watermelon, including organic variants

  • Meat & Poultry: 39 new price series for beef primal cuts (ribeye, tenderloin, strip loin, chuck, round), lamb (rack, leg, shoulder), turkey (whole, breast, drumsticks, wings), hog, and cattle live/dressed weight prices

  • Food Ingredients: 29 new price series for eggs (caged and free-range across multiple sizes and regions) and ethanol

  • Grains & Feed: 14 new price series for alfalfa, corn (food and feed grade), soybean, DDGS, corn gluten, cottonseed, canola meal, and blood meal

  • Oils & Fats: 8 new price series including choice white grease and animal fat derivatives

  • Herbs & Spices: 5 new price series for jalapeño, serrano, poblano, anaheim chili peppers, and garlic

  • Chemicals: 3 new price series

  • Sugar: 1 new price series

See the complete product list for all 286 series.

Why It Matters:

USDA MARS reports are among the most commonly referenced pricing benchmarks in US agricultural markets. These 286 series bring that coverage directly into Vesper, so you can track US prices for fresh produce, proteins, grains, feed ingredients, and eggs alongside your existing European and global series, all in one place.

How to Use It:

  • Prices Widget: Search for specific products (e.g., "beef ribeye" or "apples Honeycrisp") to bookmark USDA MARS prices alongside your existing series

  • Price Comparison: Compare USDA US prices with European or global equivalents for with different prodcut names

  • Cost Models: Add USDA ingredient prices to your cost models for a more complete picture of US-sourced product costs

How to access?

Add to new or existing dashboards using the search function, or contact your Customer Success Manager at [email protected] for any questions.

Bring Your Own Data (BYOD)

by Vesper Team, Product Marketing
New
Vesper Toolbox
Data
Cost Models

Upload your own budgets, purchase prices, and supplier quotes directly into Vesper. Your internal data now lives alongside global market intelligence, all in one place.

What's new

  • Add your own data via manual entry or CSV upload

  • Store budgets, contract prices, supplier quotes, or any internal pricing data

  • Unlimited series and products with no caps on what you can bring in

  • All your uploads organized in a new dedicated "Your Data" section

  • Access your data in the Prices widget, Price Comparison, and Cost Models

  • Use the full Vesper toolbox on your own data: visualize spreads, calculate averages, and add notes directly in graphs

  • Use your data as inputs for cost models and custom formulas

Why this matters

Vesper already lets you build custom benchmarks using formulas and cost models. Now you can go further. Bring in your actual purchase history, budget targets, and supplier offers to see the full picture.

  • Track performance: Compare what you paid against what the market did

  • Spot opportunities: See where your prices diverge from benchmarks over time

  • Centralize everything: Stop toggling between spreadsheets and Vesper. Make it your single source of truth.

Your data stays yours

Everything you upload is siloed, secure, and never shared with other users or used in any Vesper Price Index. Your competitive information remains private.

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Cost models in Price comparison

by Vesper Team, Product Marketing
New
Vesper Toolbox
Cost Models
Data
Vesper Price Index (VPI)

You can now compare your cost models directly against actual prices and other cost models in the Price Comparison widget.

What's new

  • Cost models now appear as selectable series in the Price Comparison widget

  • Select cost models from the product dropdown, labeled with their cost model name

  • View cost model historical data alongside multiple other cost models, price series, or any combination of both

  • Same visualization and interaction as product prices (line charts, tooltips, trends)

  • Note: Notes cannot be added to cost models

Why this matters

For finished goods, this bridges cost modeling and price analysis:

  • Compare different recipe options to find the most cost-effective formulation

  • Validate actual paid prices against theoretical cost models to spot inefficiencies

  • Track variance trends over time to identify negotiation opportunities

For commodity and ingredient buyers, this opens up new ways to analyze contract structures:

  • Build indices for weighted baskets and compare against other indices or your own prices

  • Model multiplier or fixed cost-plus structures on top of any benchmark

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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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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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New: Deselect All Button

by Vesper Team, Product Marketing
Improvement
New
Vesper Toolbox

Clear your widget selections instantly with the new "Deselect all" button in dropdown menus. Start fresh analysis without manually removing each selection or dealing with cluttered views.

What it does: One click clears all active selections in a widget What you can do: Reset widgets to empty state for clean analysis Why it matters: Faster workflow, cleaner screens, less clicking

Find it in the dropdown menus across most widgets.

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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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