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.

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]

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