Vesper  Updates

Fish & Seafood Prices via Undercurrent Partnership

by Vesper Team
New
Data
Partnerships
Fish & Seafood

Over 2,000 Fish & Seafood price series are now available on the Vesper platform through an integration with Undercurrent, a specialist seafood data provider.

What's new:

  • 2,000+ price series across 15 product groups within Fish & Seafood

  • Global and regional coverage from a specialist seafood data provider

  • Data accessible through your existing Vesper dashboards

Important: Bring Your Own License Undercurrent data requires an active Undercurrent subscription. If you already subscribe to Undercurrent, contact your Customer Success Manager to activate access within Vesper. This model lets you view your Undercurrent data alongside all your other commodity benchmarks in one platform.

Why this matters: Seafood markets are among the most fragmented and volatile in food commodities. Prices vary by species, origin, catch method, and season. That makes it difficult to track costs or compare supplier quotes with any confidence. With Undercurrent data in Vesper, teams across procurement, finance, and category management can check quotes, compare prices, and track trends for fish and seafood. All in the same workflow you use for other commodities.

How to access? Contact your Customer Success Manager at [email protected] to activate Undercurrent data on your account.

New US data partner: Sosland Publishing

by Vesper Team
New
Data
Partnerships
Oils & Fats
Grains & Feed
Sugar & Sweeteners
Cocoa

Vesper has partnered with Sosland Publishing to bring 114 weekly spot price series into the platform. Sosland is a leading US trade publisher covering food ingredient markets.

What's new:

  • 114 weekly spot price series from Sosland, now live
  • Coverage spans four commodity categories: Oils & Fats, Grains & Feed, Sugar, and Cocoa
  • All series are weekly frequency, reflecting US spot market conditions
  • A second batch covering forward cash prices and basis prices is planned for Q2 2026

Why this matters:

Sosland prices are widely referenced by buyers and sellers in North American ingredient trade. Having them in Vesper means you can compare US spot prices directly against European benchmarks in a single view. For categories like cocoa, oils, and grains where US and EU prices regularly diverge, that cross-regional visibility matters in negotiations.

How to Use It:

  • Prices Widget: search Sosland series by commodity or keyword
  • Price Comparison: set up US vs EU price comparisons for the same commodity
  • Cost Models: use Sosland weekly prices as inputs alongside existing European series

How to access?

Add to new or existing dashboards using the search function, or contact your Customer Success Manager at [email protected].

Nuts, Seeds & Dried Fruits News

by Vesper Team, Product Marketing
New
Nuts, Seeds & Dried Fruits
News & Alerts
AI

Stay on top of market developments across nuts, seeds, and dried fruits with a dedicated news feed now live in Vesper.

What's new

  • New Nuts, Seeds & Dried Fruits news feed available in the News section

  • Global and local coverage across key origin countries

  • Topics include supply disruptions, harvest updates, trade flows, regulatory changes, and demand trends

  • Filtered and curated for relevance, cutting through the noise

Why this matters

Nuts, seeds, and dried fruits are highly exposed to origin-specific risks, climate impacts, and trade dynamics. At the same time, public price transparency is often limited.

This news feed fills the gap. It gives you context around market movements, helping you understand what's driving prices and anticipate volatility before it shows up in the numbers.

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Bring Your Own Data (BYOD)

by Vesper Team, Product Marketing
New
Vesper Toolbox
Data
Cost Models

Upload your own budgets, purchase prices, and supplier quotes directly into Vesper. Your internal data now lives alongside global market intelligence, all in one place.

What's new

  • Add your own data via manual entry or CSV upload

  • Store budgets, contract prices, supplier quotes, or any internal pricing data

  • Unlimited series and products with no caps on what you can bring in

  • All your uploads organized in a new dedicated "Your Data" section

  • Access your data in the Prices widget, Price Comparison, and Cost Models

  • Use the full Vesper toolbox on your own data: visualize spreads, calculate averages, and add notes directly in graphs

  • Use your data as inputs for cost models and custom formulas

Why this matters

Vesper already lets you build custom benchmarks using formulas and cost models. Now you can go further. Bring in your actual purchase history, budget targets, and supplier offers to see the full picture.

  • Track performance: Compare what you paid against what the market did

  • Spot opportunities: See where your prices diverge from benchmarks over time

  • Centralize everything: Stop toggling between spreadsheets and Vesper. Make it your single source of truth.

Your data stays yours

Everything you upload is siloed, secure, and never shared with other users or used in any Vesper Price Index. Your competitive information remains private.

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Cost models in Price comparison

by Vesper Team, Product Marketing
New
Vesper Toolbox
Cost Models
Data
Vesper Price Index (VPI)

You can now compare your cost models directly against actual prices and other cost models in the Price Comparison widget.

What's new

  • Cost models now appear as selectable series in the Price Comparison widget

  • Select cost models from the product dropdown, labeled with their cost model name

  • View cost model historical data alongside multiple other cost models, price series, or any combination of both

  • Same visualization and interaction as product prices (line charts, tooltips, trends)

  • Note: Notes cannot be added to cost models

Why this matters

For finished goods, this bridges cost modeling and price analysis:

  • Compare different recipe options to find the most cost-effective formulation

  • Validate actual paid prices against theoretical cost models to spot inefficiencies

  • Track variance trends over time to identify negotiation opportunities

For commodity and ingredient buyers, this opens up new ways to analyze contract structures:

  • Build indices for weighted baskets and compare against other indices or your own prices

  • Model multiplier or fixed cost-plus structures on top of any benchmark

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Packaging News Category

by Vesper Team, Product Marketing
New
Mobile
Packaging
News & Alerts
AI

Added dedicated news coverage for packaging markets, tracking regulatory developments, sustainability initiatives, and material demand shifts across agricultural supply chains. Our 12th commodity-specific news feed, powered by AI models that filter global outlets to deliver only relevant packaging intelligence.

Why It Matters: Packaging costs can represent 10-30% of total product costs, yet most procurement teams track these markets separately from ingredient intelligence. Policy changes, material innovations, and input cost movements in packaging directly impact your bottom line and product competitiveness.

What's New:

  • AI-filtered news from global outlets, eliminating noise

  • Global and regional packaging market trends

  • Regulatory developments and sustainability initiatives

  • Material demand shifts and supply constraints

  • View packaging feed individually or combined with all 12 commodity feeds

  • Custom keyword notifications

  • Direct keyword and region search within the feed

How to Use It:

  1. Access Packaging News in your lefthand bar navigation

  2. Set up keyword notifications for topics you're tracking

  3. Search by keyword or region to find specific developments

Read the latest packaging news

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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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Shipping and Freight Transport Prices

by Vesper Team, Product Marketing
New
Energy & Transport
Data
Partnerships

Vesper has launched Commodity Shipping Intelligence through an exclusive partnership with Upply, bringing freight rate benchmarks directly into the platform. This integration enables procurement teams to track delivered costs by combining commodity prices with real shipping rates for their specific inbound lanes—creating true landed cost visibility.

What's New:

  • Inbound Freight Benchmarks: Real shipping rates for strategic procurement routes, not generic freight indices

  • Upply Partnership Integration: Access to validated freight data from one of Europe's leading logistics intelligence providers

  • Route-Specific Pricing: Targeted lanes for commodity imports (origin ports to destination factories)

  • Multi-Modal Coverage: Ocean freight, road transport, and intermodal combinations where relevant

  • Integrated Cost Analysis: Combine commodity prices with freight to calculate true delivered costs

Why It Matters: Commodity prices at origin tell only half the story. With shipping costs representing 10-30% of delivered prices and extreme volatility in freight markets, procurement teams need visibility into both components. This integration transforms Vesper from a commodity price platform into a complete landed cost intelligence system—critical for accurate budgeting and supplier selection.

How to Use It:

  1. Search freight routes using origin-destination pairs in the platform search

  2. Add to dashboards alongside relevant commodity prices for complete cost tracking

How to access? Freight rates are available to all Vesper users who have access to the Energy and Transport category. For more information, contact [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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