Vesper  Updates

Fruits, Vegetables & Pulses News

by Vesper Team
New
Vegetables & Pulses
Fruit
News & Alerts

Summary: Vesper has expanded its news coverage with two dedicated categories: Vegetables & Pulses and Fruits. These new sections deliver focused, timely information on fresh produce markets, including harvest conditions, logistics updates, weather disruptions, pricing trends, and market developments.

What's New:

  • Dedicated news category for Vegetables & Pulses

  • Dedicated news category for Fruits

  • Comprehensive coverage of global fresh produce markets

  • Integration with existing news filtering and alert capabilities

Why It Matters: Fresh produce represents critical input markets for many of our core users. These new categories significantly deepen our current coverage, which has primarily focused on price benchmarks until now. By adding dedicated news streams, users gain deeper insights and earlier warning signals about market developments before they impact prices. This expanded coverage provides essential visibility into volatile produce markets, helping users anticipate supply disruptions, track pricing pressures, and identify emerging trends. This expansion responds directly to user feedback requesting more comprehensive coverage across the complete ingredient spectrum.


How to Use It:

  1. Find the new categories in the News section of the platform

  2. Set up custom alerts for specific commodities within these categories

  3. Filter news by these categories to focus on produce-specific updates

Related Features: These news categories complement Vesper's existing offerings:

  • Smart news filtering and aggregation

  • Custom news alerts

  • Fruits and Vegetables price benchmarks on the Dashboard

Read the latest news

Did you like this update?

LikeNeutralDislike

Shea Butter Crude VPI Benchmark

by Vesper Team
New
Oils & Fats
Chocolate, Confectionery & Ice Cream
Data
Vesper Price Index (VPI)

Summary: Vesper has expanded its oils & fats coverage with a new weekly Vesper Price Index (VPI) benchmark for Crude Shea Butter (FOB Tema) from Ghana. This proprietary benchmark, exclusive to Vesper, provides a reliable, independent price reference for an increasingly strategic commodity in food manufacturing.

What's New:

  • Weekly VPI price benchmark for Crude Shea Butter

  • FOB Tema delivery basis from Ghana—the world's largest shea butter exporting country

  • Full integration with existing oils & fats dashboards and pricing tools

Why It Matters: As cocoa prices continue to surge, we've seen increased demand from our user base for alternatives like Shea Butter, which has emerged as a critical cost-effective substitute for cocoa butter. This exclusive VPI benchmark responds directly to user feedback, delivering essential price transparency for those seeking different compositions to limit the effects of cocoa volatility on end product applications. Having Vesper's independent benchmark helps verify supplier pricing and supports more confident negotiations during this period of volatility in cocoa markets.

How to Use It:

  1. Find the new Shea Butter (Crude) benchmark in the pricing widgets section

  2. Add it to the price comparison widget for side-by-side analysis with cocoa butter prices

  3. Incorporate this benchmark into your custom cost models to evaluate how chocolate formulation costs change when substituting with shea butter

  4. Monitor weekly updates to identify emerging trends and optimize buying decisions

Related Features: This benchmark complements Vesper's existing offerings:

  • Cocoa butter price benchmarks

  • Vegetable oil price benchmarks

  • Cost modeling for ingredient substitution analysis

Did you like this update?

LikeNeutralDislike

Expanded Biodiesel Ticket Coverage Now Live

by Vesper Team
New
Data
Oils & Fats

Summary: Vesper has expanded our biodiesel ticket coverage to include additional markets and vintages. This enhancement provides greater visibility into renewable energy certificate costs used for regulatory compliance across key European markets.

What's New:

  • Daily biodiesel ticket prices now covering three European markets:

    • Netherlands

    • United Kingdom

    • Germany

  • Coverage for both 2024 and 2025 vintages across all markets

  • Multiple certificate types reflecting different feedstock categories

Why It Matters: These certificates represent a critical cost component for regulatory compliance in the transport sector. By tracking prices across different markets and vintages, users can better understand compliance costs, identify market trends, and develop more effective strategies in response to policy shifts and market dynamics.

How to Use It:

  1. Find these prices in the prices widget in your dashboard

  2. Search for specific certificates in the product dropdown

  3. Use Vesper's analytical tools to compare prices across markets

Related Features: This expansion complements our existing biofuels coverage:

  • Regular Biodiesel Market Report with expert analysis

  • Comprehensive price coverage for biofuel products and feedstocks

  • Energy price benchmarks

  • Import/export/tradeflows for key biofuel products

Did you like this update?

LikeNeutralDislike

Extended Forecast Horizon - Dairy, Oils&Fats, Sugar

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

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.

Did you like this update?

LikeNeutralDislike

Expanded Cocoa Market Coverage

by Vesper Team
New
Cocoa
Chocolate, Confectionery & Ice Cream
Market Analysis

Launching supplementary bi-weekly cocoa highlights from Vesper's in-house analytical team, complementing the regular market commentary from independent expert Martijn Bron. These additional reports focus on technical analysis, derivative pricing, and weather insights to support decision-making during unprecedented market volatility.

Why it Matters: With cocoa prices at historic highs, procurement teams need comprehensive market coverage. Our in-house analytical team now provides targeted analysis on alternate weeks to Martijn Bron's expert commentary, combining deep technical analysis with veteran market insights during this volatile period.

What's New:

  • Bi-weekly analysis from Vesper's analytical team focusing on:

    • Technical market indicators

    • Derivative pricing trends

    • Weather impact assessment

    • Supply chain disruptions

  • Cocoa coverage schedule:

    • Martijn Bron's expert market commentary

    • Alternating with Vesper's analytical team reports

    • CRA Cocoa weather reports published frequently

How to Use It:

  1. Access Cocoa Highlights in the Market Analysis section on Vesper or the mobile app

  2. Set up notifications to be alerted of any new releases

Read the latest report

Did you like this update?

LikeNeutralDislike

Meat & Poultry News

by Vesper Team
New
Meat & Poultry
News & Alerts

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

Did you like this update?

LikeNeutralDislike

New VPI Egg Price Benchmarks

by Vesper Team
News & Alerts
Data
Market Analysis
Vesper Price Index (VPI)
Bakery

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.

Did you like this update?

LikeNeutralDislike

Cocoa Market Fundamentals: Production & Import/Export

by Vesper Team
New
Cocoa
Chocolate, Confectionery & Ice Cream

Summary: Cocoa production data from 8 major producing countries and import/export data for key products and derivatives added to bring more transparency to the cocoa supply chain amidst record volatility.

What's New:

  • Production volumes from:

    • West Africa: Ivory Coast, Ghana, Cameroon, Nigeria

    • Latin America: Brazil, Ecuador

    • Asia Pacific: Indonesia, Papua New Guinea

  • Global trade flow data for:

    • Cocoa beans

    • Cocoa powder, butter, and mass

    • Chocolate products

Why It Matters: Production volumes from major origins like Ivory Coast and Ghana often indicate future price movements. Combined with trade flow data, you can better anticipate market shifts and understand the influence of fundamental drivers on market dynamics.

How to Use It:

  1. Find production data in your Production widget

  2. Access trade flows through the Import/Export widgets (Pro tip: % Change and YTD figures can be found in dropdown)

  3. Filter by country or product as needed

Don't have access to Cocoa yet?Contact the Vesper Team

Did you like this update?

LikeNeutralDislike

New Cocoa Ratios Table: Track Product Values Daily 📊

by Vesper Team
New
Cocoa
Chocolate, Confectionery & Ice Cream

Summary: New Cocoa Ratios Table tracks daily cocoa bean prices, regional premiums, and butter/powder ratios, helping you understand product value correlations.

What's New:

  • Daily updated view of:

    • Cocoa bean prices by origin

    • Butter and powder ratios

    • Regional premiums

    • ICE futures prices

  • Updates after ICE EU market close

Why It Matters: Cocoa butter and powder prices move independently based on market demand. This table helps you track these movements and their impact on product costs, critical for sourcing decisions.

How to Use It:

  1. Navigate to the Cocoa section

  2. Open the Ratios Table widget

  3. Compare ratios across products and regions

Don’t have access yet?Reach out to the Vesper Team

Did you like this update?

LikeNeutralDislike