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

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