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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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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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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Extended Forecast Horizon - Dairy, Oils&Fats, Sugar

by Vesper Team
Dairy
Oils & Fats
Sugar & Sweeteners
Forecasting & Outlook

Whats New? Vesper is extending our AI-powered forecasting horizon from 6 to 12 months for select dairy, sugar, and oils commodities with established price histories (5+ years of data). This extended visibility enables procurement teams to move beyond tactical buying decisions to support annual budgeting and strategic planning.

Why it matters? Together with expert human analyst outlooks and comprehensive coverage of S&D/Fundamentals, the forecast powered by AI technology gives a comprehensive outlook on future market movements. The extended 12-month horizon allows users to incorporate forecasting into their decision making on more strategic timeframes.

As always, forecasting accuracy is transparently available on the platform for each individual product, allowing users to assess performance and incorporate it into decision-making.

How to Use It:

  1. Access the forecast widgets directly on your custom dashboards (add through the search tool if needed)

  2. If a product has a 12-Month forecast horizon, it will automatically be visible on your screen

  3. Check forecast performance by choosing the 12-Month option in the accuracy dropdown

More products will be added to the extended range in the course of Q2

Related Features: This extended forecasting complements our existing forward-looking toolkit:

  • Forward pricing up to 16 months ahead in the Forward Pricing widgets

  • Expert analyst outlooks for both short and long-term market perspectives

  • Fundamental market drivers dashboard for tracking supply and demand trends

These combined tools give procurement teams unprecedented visibility into future market movements for more confident strategic planning.

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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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Introducing Two New Ways to Find What You Need

by Vesper Team
New
Improvement


We've launched two powerful features to help you navigate the platform more efficiently: Dashboard Search and Vesbot. Each serves a distinct purpose to help you find exactly what you need, when you need it.

What's New

Dashboard Search: Find and Act

Two simple ways to discover available data:

  1. Direct product search

    • Search for specific products (e.g., "WPI", "Sugar", "Cocoa")

    • See all available data types for that product

    • Add relevant data directly to your dashboards

  2. Category navigation

    • Browse through product categories

    • Select product within the category

    • Explore available data types

Both paths help you discover and organize the data you need in your dashboards.

Vesbot: Ask and Learn

  • Get instant answers about platform features

  • Learn how to use specific platform capabilities

  • Access platform support 24/7

  • Available through the help icon in the bottom right corner

Why It Matters

Finding the right data and understanding how to use it are crucial for making timely decisions. Dashboard Search helps you quickly locate and organize market data, while Vesbot ensures you can instantly learn how to use platform features effectively.

When To Use Which?

How to Use It

Dashboard Search

  1. Click the search bar above your workspaces

  2. Enter what you're looking for (e.g., "WPI prices")

  3. Add Country/region

  4. Add relevant data directly to your dashboards or create a new one

Vesbot

  1. Click the help icon in the bottom right corner

  2. Type your question (e.g., "How do I compare prices between regions?")

  3. Get immediate answers and guidance

  4. Follow up with additional questions if needed

  5. Left with questions? Our Support team is still available to help, just ask Vesbot to connect you.

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Introducing Vesbot: Your AI Chat Assistant 🤖

by Vesper Team
New
Improvement


Meet Vesbot, your new AI-powered platform Support! We're optimizing how you find resources, information and get support to best get Value from using Vesper.

What Vesbot Can Do

Get instant answers about:

  • Where to find certain data

  • Report availability

  • Source information

  • Product specifications

  • Delivery details

  • Platform features and functionality

Smart Support Routing

Need human assistance? Simply ask Vesbot to connect you with our Support team – it's that easy!

How to Access

Find Vesbot in the platform's chat functionality by clicking the Help button in the bottom right of the screen.

Don’t worry, we still pick up the phone!

You can reach us through the phone or whatsapp on: +31 6 43 21 20 19

Send an email to [email protected]

Add Average Line to Price Charts with One Click

by Vesper Team
New
Improvement
Vesper Toolbox

Summary: Added one-click average line functionality to price widgets, automatically adjusting to your selected time frame.

What's New:

  • Average line button in price widgets

  • Automatic calculation based on selected timeframe

  • Updates when time frame changes

Why It Matters: Quickly visualize price trends against historical averages to better understand market movements and support your decisions.

How to Use It:

  1. Open any price widget

  2. Click the Average line button at the top

  3. Adjust time frame as needed in top right

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