Vesper  Updates

Fish & Seafood Prices via Undercurrent Partnership

by Vesper Team
New
Data
Partnerships
Fish & Seafood

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.

121 new EU and UK packaging price series

by Vesper Team
New
Data
Packaging

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].

Packaging News Category

by Vesper Team, Product Marketing
New
Mobile
Packaging
News & Alerts
AI

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

Read the latest packaging news

Did you like this update?

LikeNeutralDislike

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

Did you like this update?

LikeNeutralDislike