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:
Access the forecast widgets directly on your custom dashboards (add through the search tool if needed)
If a product has a 12-Month forecast horizon, it will automatically be visible on your screen
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.