Vesper  Updates

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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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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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

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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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Supply and Demand Map Improvements

by Vesper Team
Improvement
Data

Enhanced S&D Map visualization now provides Year-to-Date (YTD) comparisons across regions, enabling instant visual insights into global production, import/export, and stock trends and regional shifts.

Why it Matters:"If I were interested to see where growth in EU milk production is happening, this would really quickly show me that it is not happening in Ireland, Netherlands or France. It's great for presentations, as not having to click through all countries at the same time makes it ideal for regions or groups of countries."

Jasper Endlich, Dairy Market Analyst

How to Use It:

  1. Find the World Map Widget in the S&D category

  2. Select your metric and timeframe of interest

  3. Compare countries and spot regional trends through color coding

  4. Export directly into presentations or add to your custom dashboards

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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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New Wheat Flour Cost Calculator

by Vesper Team
New
Grains & Feed
Data
Bakery

Summary: New wheat flour price calculator now available, combining MATIF milling wheat prices with production costs to estimate realistic flour market values.

What's New:

  • Wheat flour price calculation based on MATIF futures

  • Customizable input parameters including:

    • Wheat purchase price (FOB French Ports)

    • Original protein content

    • Target protein content

    • Vital wheat gluten price

  • Integration of key production cost factors:

    • Electricity consumption

    • Water usage

    • Milling efficiency rates

    • Labor costs

  • Medium-sized miller operational model

  • Located in Calculations Page under Grains & Feed

Why It Matters: Raw wheat prices tell only part of the story. This calculator helps you understand the full cost structure of flour production, enabling more informed negotiations and better prediction of price movements. Best of all, you can adjust the parameters to match your specific situation and market conditions.

How to Use It:

  1. How to Use It:

    1. Navigate to the Calculations Page

    2. Select Grains & Feed category

    3. Choose "Wheat Flour Price - MATIF" calculator

    4. Adjust the input parameters to match your needs

    5. View the calculated theoretical EXW flour price

Part of our expanded grains coverage in Q4 2024, which includes:

  • New import/export flow data for grains and flour

  • Enhanced production data coverage

  • Additional benchmark pricing for grains and flour products

Together, these tools give you a complete view of the market from trade flows to final product costs.

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Global Import/Export Data Expansion

by Vesper Team
Data
Nuts, Seeds & Dried Fruits
Bakery
Grains & Feed
Food Ingredients

Summary: Major expansion of global import/export data coverage across grains, nuts & seeds, and food ingredients - helping you track trade flows and assess supply & demand dynamics.

What's New:

  • Grains & Flour

    • Complete trade data for wheat, corn, and specialty grains

    • Coverage of various flour types and grain derivatives

    • Bakery product trade flows

  • Nuts, Seeds & Dried Fruits

    • Comprehensive data for tree nuts (both in-shell and shelled)

    • Coverage of dried fruits and specialty seeds

    • Full trade flow visibility for key origins

  • Food Ingredients

    • Starches & Gluten

    • Natural & artificial thickeners

    • Egg products & derivatives

    • Essential oils & flavorings

    • Food additives & preservatives

    • Sauces & condiments

Why It Matters: Import/export data provides crucial market context beyond prices. These trade flows help you:

  • Assess global supply & demand dynamics

  • Track market movements across regions

  • Identify emerging trends in your category

  • Make more informed buying decisions

How to Use It:

  1. Navigate to the Import/Export widgets

  2. Select your category and product

  3. View import/export flows through our interactive visualizations

  4. Use one of 5 different widgets to make trade data actionable

Note: This is our largest trade data expansion beyond our existing coverage in Dairy, Oils & Fats, and Sugar, with more categories coming soon.

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