Vesper  Updates

Vesper for Excel

by Vesper Team, Product Marketing
New
Data
API, Download Data, Excel

Vesper has launched Vesper for Excel, a powerful new integration that brings Vesper's live commodity intelligence directly into your spreadsheets. This feature eliminates manual data entry, allowing teams to spend less time maintaining spreadsheets and more time analyzing markets with real-time data feeding directly into the models and templates they already use.

What's New:

  • One-Click Refresh: Update all Vesper data in your spreadsheets instantly. With a single click, you can access real-time prices, forecasts, FX rates, and fundamentals.

  • Direct Data Access: Pull data from over 160 global sources directly into any cell in your spreadsheet.

  • Native Integration: Vesper for Excel lives natively within your Excel, integrating seamlessly with your existing workflow and templates.

  • No Coding Required: Perfect for procurement, finance, and sales teams who need live data in spreadsheets without any technical overhead.

Why It Matters: The time spent on manual data collection and entry is time lost on strategic analysis. Vesper for Excel automates this process, ensuring the latest market information always powers your most critical models. It shifts your team's focus from data maintenance to data-driven decision-making.

How to Use It:

  1. Download the add-in from the Microsoft Excel marketplace.

  2. Log in with your Vesper API Excel key.

  3. Set up once by using the Vesper for Excel sidebar to choose the data you need (e.g., commodity, price type, date range).

  4. Click "Refresh" at any time to update all data points in your sheet instantly.

How to access? Reach out to your customer success manager or [email protected] to learn more about the Excel Add-in or the various options to extract or integrate Vesper data directly into your workflows

What data? Vesper for Excel offers seamless access to Vesper's data:

  • Vesper Price Index (VPI)

  • Partner and Public price benchmarks

  • Forecasts for Price, Production, and Stock levels

  • FX rates

  • Global trade data

  • S&D/Fundamental data

  • Stock levels

Learn more

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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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Shea Butter Crude VPI Benchmark

by Vesper Team
New
Oils & Fats
Chocolate, Confectionery & Ice Cream
Data
Vesper Price Index (VPI)

Summary: Vesper has expanded its oils & fats coverage with a new weekly Vesper Price Index (VPI) benchmark for Crude Shea Butter (FOB Tema) from Ghana. This proprietary benchmark, exclusive to Vesper, provides a reliable, independent price reference for an increasingly strategic commodity in food manufacturing.

What's New:

  • Weekly VPI price benchmark for Crude Shea Butter

  • FOB Tema delivery basis from Ghana—the world's largest shea butter exporting country

  • Full integration with existing oils & fats dashboards and pricing tools

Why It Matters: As cocoa prices continue to surge, we've seen increased demand from our user base for alternatives like Shea Butter, which has emerged as a critical cost-effective substitute for cocoa butter. This exclusive VPI benchmark responds directly to user feedback, delivering essential price transparency for those seeking different compositions to limit the effects of cocoa volatility on end product applications. Having Vesper's independent benchmark helps verify supplier pricing and supports more confident negotiations during this period of volatility in cocoa markets.

How to Use It:

  1. Find the new Shea Butter (Crude) benchmark in the pricing widgets section

  2. Add it to the price comparison widget for side-by-side analysis with cocoa butter prices

  3. Incorporate this benchmark into your custom cost models to evaluate how chocolate formulation costs change when substituting with shea butter

  4. Monitor weekly updates to identify emerging trends and optimize buying decisions

Related Features: This benchmark complements Vesper's existing offerings:

  • Cocoa butter price benchmarks

  • Vegetable oil price benchmarks

  • Cost modeling for ingredient substitution analysis

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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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Expanded Biodiesel Ticket Coverage Now Live

by Vesper Team
New
Data
Oils & Fats

Summary: Vesper has expanded our biodiesel ticket coverage to include additional markets and vintages. This enhancement provides greater visibility into renewable energy certificate costs used for regulatory compliance across key European markets.

What's New:

  • Daily biodiesel ticket prices now covering three European markets:

    • Netherlands

    • United Kingdom

    • Germany

  • Coverage for both 2024 and 2025 vintages across all markets

  • Multiple certificate types reflecting different feedstock categories

Why It Matters: These certificates represent a critical cost component for regulatory compliance in the transport sector. By tracking prices across different markets and vintages, users can better understand compliance costs, identify market trends, and develop more effective strategies in response to policy shifts and market dynamics.

How to Use It:

  1. Find these prices in the prices widget in your dashboard

  2. Search for specific certificates in the product dropdown

  3. Use Vesper's analytical tools to compare prices across markets

Related Features: This expansion complements our existing biofuels coverage:

  • Regular Biodiesel Market Report with expert analysis

  • Comprehensive price coverage for biofuel products and feedstocks

  • Energy price benchmarks

  • Import/export/tradeflows for key biofuel products

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European Energy Futures

by Vesper Team
New
Energy & Transport
Data

Summary: Vesper has significantly expanded our European electricity futures coverage with the addition of comprehensive EEX data across 15 countries. This enhancement delivers detailed visibility into power markets throughout Europe, covering both base and peak load contracts across monthly, quarterly, and yearly timeframes.

What's New:

  • 86 new electricity futures contracts covering:

    • 15 European countries including Germany, France, UK, Italy, Spain, and more

    • Base and peak load power contracts

    • Monthly, quarterly, and yearly delivery periods

  • Available across multiple widgets including:

    • Futures widgets (Graph, Table, Historical Settle Graph)

    • Price & Price Comparison widget

Why It Matters: Energy costs represent a significant component of manufacturing expenses. With this expanded coverage, users can monitor electricity futures across their operational footprint, compare price trends between regions, and develop more effective energy procurement strategies based on forward market indicators.

How to Use It:

  1. Access these new products through any of the supported widgets

  2. Search by country name and contract type (e.g., "German Power Base")

  3. Compare electricity futures across different European markets

  4. Track forward curves to inform energy procurement decisions & Market outlook

Related Features: This expansion complements our existing energy market coverage:

  • Natural gas futures across major European hubs

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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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UK Egg Production Data Now Live

by Vesper Team
New
Data
Bakery
Food Ingredients
Sauces & Condiments

Summary: Vesper has expanded our egg market coverage by integrating official quarterly UK egg production data. This enhancement provides critical supply information to complement our existing egg price benchmarks, delivering deeper market insights for procurement teams in a category known for significant volatility.

What's New:

  • Quarterly UK egg production data from official government sources covering:

    • Eggs, Fresh

    • Egg Enriched Derivatives, Caged

    • Eggs, Free Range

  • Reporting:

    • Production volumes across different egg types

    • Quarter-over-quarter production trends

    • Year-over-year production comparisons

Why It Matters: Egg markets have been extremely volatile, mainly due to supply side constraints caused by HPAI recently. With production levels directly impacting price movements. This new production data helps procurement teams anticipate market shifts by tracking supply dynamics, providing essential context for buying decisions and supplier negotiations in a challenging category.

How to Use It:

  1. Navigate to the production widget in your dashboard

  2. Select the relevant product in the dropdown

  3. View production trends quarterly or evolutions compared to the prior years

Related Features: This update complements our comprehensive egg market coverage:

  • Vesper Price Index (VPI) for 16 egg products across different production systems

  • Expert market analysis for the egg sector

  • Global news feed specific to eggs and poultry

  • Price benchmarks across caged, barn, and free-range production systems

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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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