Vesper now covers 121 monthly packaging price series across EU and UK markets, including 76 products created for this expansion. Coverage spans paper, plastics, glass, and metals.

What's new:

• 121 monthly packaging price series, now live
• 76 newly created packaging products
• Materials covered: paper and cardboard (corrugated, cartonboard, kraft), plastics (PET, HDPE, flexible films), glass (bottles, containers), metals (tinplate, aluminium)
• Geographic scope: EU and UK markets

Why this matters:

Packaging is one of the largest indirect cost categories for food manufacturers. Price swings in paperboard or PET can move margins just as much as ingredient costs. With independent benchmarks for packaging materials, you can track costs over time and verify supplier proposals against market data.

How to Use It:

• Prices Widget: search by packaging material, product type, or market
• Price Comparison: compare packaging prices across materials or regions
• Cost Models: add packaging cost lines alongside ingredient costs in a single model

How to access?

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

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.

Vesper has added 205 price series from SNIIM, Mexico's national food price information system. This update includes 168 products that are new to the platform.

What's new:

• 205 new price series from SNIIM (Sistema Nacional de Información e Integración de Mercados)
• 168 newly created products
• Coverage by category:
  • Fruits: 86 series
  • Vegetables & Pulses: 76 series
  • Herbs & Spices: 24 series
  • Grains & Feed: 9 series
  • Nuts, Seeds & Dried Fruit: 6 series
  • Beverages: 2 series
  • Sugar: 2 series

Why this matters:

Mexico is a major origin market for fresh produce, herbs, and specialty ingredients sourced by North American and European food manufacturers. SNIIM data gives buyers an official government reference for regional spot prices. Useful for verifying quotes, tracking seasonal price patterns, and benchmarking cross-border sourcing for categories like avocados, chilies, tomatoes, and tropical fruit.

How to Use It:

• Prices Widget: search by product name or filter by Mexico as origin market
• Price Comparison: compare SNIIM prices against other regional sources for the same commodity
• Cost Models: add Mexican produce prices as inputs to ingredient cost models

How to access?

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

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.

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

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

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.

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

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