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

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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

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Cheddar Curd VPI (CIF SEA) Benchmark

by Vesper Team
New
Dairy
Vesper Price Index (VPI)
Data

Summary: Vesper has strengthened its dairy portfolio with a new weekly Vesper Price Index (VPI) benchmark for Cheddar Curd (CIF Southeast Asia). This proprietary benchmark fills a critical gap in regional cheese trade visibility, especially for Oceania-origin products moving into key Asian markets.

What's New:

  • Exclusive weekly VPI price benchmark for Cheddar Curd with CIF Southeast Asia delivery basis

  • First reliable price reference in a region lacking formal cheese futures markets

  • Full integration with existing dairy dashboards and pricing tools

Why It Matters: With no futures market for cheese in the APAC, market participants have struggled to benchmark pricing or implement effective hedging strategies. This exclusive VPI benchmark provides essential price transparency in a market where Oceania exports a significant share of its cheddar production to Asian buyers. By introducing this reference point, we're responding to the need for reliable pricing data in markets lacking formal pricing infrastructure.

How to Use It:

  1. Find the new Cheddar Curd (CIF SEA) benchmark in the pricing widgets

  2. Add it to price widgets to analyze spread between origin and destination markets

  3. Track weekly updates to identify emerging trends in regional dairy trade flows

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

  • Global and regional cheese price benchmarks

  • Import/export widgets mapping supply and demand in trade flows

  • Price spread tool for cross-regional analysis

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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

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Introducting Brazilian Instituto de Economia Agrícola (IEA) Source

by Vesper Team
New
Data
Nuts, Seeds & Dried Fruits
Meat & Poultry
Vegetables & Pulses

Added daily Brazilian public prices from Instituto de Economia Agrícola (IEA), Brazil's leading agricultural economics institute, expanding our coverage of key food commodities with local market data.

Why it Matters: Brazil is a major global producer and price setter for multiple food commodities. Direct access to daily IEA data provides unprecedented visibility into local market dynamics, helping procurement teams better understand price movements at origin and optimize sourcing strategies.

What's New:

  • Daily price updates across multiple categories:

    • Meat & Poultry: Chicken cuts (breast fillet, thigh, leg quarters), Pork cuts (loin, steak), Beef cuts (ribeye, round eye, brisket)

    • Nuts & Seeds: Peanuts in shell

    • Vegetables: Garlic (violet, violet size 0.7)

  • Key features:

    • Daily frequency updates

    • 4 years of historical data

    • Local market prices from São Paulo state

    • Original source data direct from IEA

How to Use It:

  1. Access Brazilian benchmarks in the Prices widgets by searching for the product name or filtering by BR-IEA source

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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.

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Country-Specific Sugar Vesper Price Index

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

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‘

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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

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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

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