Vesper  Updates

Expanded Meat & Poultry Coverage Across Brazil, Australia, and Thailand

by Vesper Team, Product Marketing
New
Meat & Poultry
Data

Vesper has expanded its Meat & Poultry coverage with 249 new price series across three major protein markets: Brazil, Australia, and Thailand. This release adds daily and weekly pricing for beef, poultry, pork, and lamb, strengthening our global protein intelligence for teams sourcing across multiple origins.

What's New:

  • Brazil: 52 daily price series for chicken, beef, and pork, including 32 entirely new products.

  • MLA (Australia): 112 weekly saleyard prices for cattle (68 series) and sheep (44 series), based on physical auction transactions. All prices stored on a carcass-weight basis.

  • Mexmoc (Thailand): 85 weekly price series covering meat, poultry, and related products, including 72 entirely new additions.

Why It Matters: Global protein sourcing requires visibility across multiple origins to compare pricing, validate supplier quotes, and anticipate supply shifts. Brazil, Australia, and Thailand represent critical benchmarks for international meat buyers, yet consistent, structured pricing across these regions has historically been difficult to access in one place. This expansion gives procurement teams the cross-regional view needed to negotiate with confidence and identify cost-saving opportunities.

How to Use It:

  • Prices Widget: Bookmark key products (e.g., Brazilian chicken, Australian cattle, Thai pork) for quick access to the latest prices.

  • Price Comparison: Compare pricing across origins or protein types to spot arbitrage opportunities or validate regional quotes.

  • Cost Models: Add these series as ingredients in your Cost Models to track input costs for prepared foods, food service menus, or retail protein products.

How to access? Add to new or existing dashboards using the search function, or contact your Customer Success Manager at [email protected] to confirm which specific products are currently active for your region.

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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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New Market Analysis Meat & Poultry

by Vesper Team
New
Meat & Poultry
Market Analysis

Summary: Vesper has partnered with Leap Market Analytics to deliver weekly expert reports covering Beef and Poultry markets. Starting with US market coverage, these specialized reports expand our protein category insights with the first report now live on the platform.

What's New:

  • Weekly reports for both Beef & Broiler markets with pricing trends, supply & demand dynamics, and market insights

  • Expert commentary from Leap Market Analytics' protein specialists

  • Seamlessly integrated into the Vesper Market Analysis section

How to Access: Find the new reports under Market Analysis → Meat and Poultry, with fresh insights published weekly.

Read the latest Report

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300 new Beef, Pork, and Lamb Prices

by Vesper Team
New
Data
Food Manufacturing
Meat & Poultry

What's New

  • 300 new daily price series covering major beef, pork, and lamb products

  • Real-time daily updates to ensure you have the latest market data

  • Coverage across different cuts, grades, and products

How to use in Vesper:
Prices Widget

  • Easily track and monitor daily price movements for all meat categories

  • Quick access to historical trends and current market conditions

  • Ideal widget for efficient price monitoring

Cost Models

  • Incorporate new meat price data into custom recipe breakdowns

  • Build cost models that reflect your product’s market pricing

  • Create detailed analyses for food service, retail, and manufacturing applications

Price Comparison

  • Compare meat prices against other commodity products

  • Identify correlations and patterns between different protein markets

Getting Started

The new meat price series are immediately to users with Meats&Poultry in their commodity package. To begin using this data:

  1. Use the Prices Widget to explore individual price series

  2. Use the Price Comparison to analyze relationships between meat and other commodities

  3. Access Cost Models to incorporate the new data into your custom analyses

Questions or Support

For questions about the new meat price series or assistance with implementation, please contact our support team at: [email protected]

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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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Meat & Poultry News

by Vesper Team
New
Meat & Poultry
News & Alerts
AI

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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Introducing 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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