Vesper  Updates

Major US Price Expansion: 286 New USDA Series

by Vesper Team
New
Data
Vegetables & Pulses
Fruit
Meat & Poultry
Food Ingredients
Grains & Feed
Oils & Fats
Herbs & Spices
Chemicals
Sugar & Sweeteners

Vesper now includes 286 new price series from 13 USDA MARS reports, one of the most widely referenced public pricing sources in US agricultural markets. This is our largest single USDA expansion to date.

What's New:

  • Vegetables & Pulses: 107 new price series including potatoes, tomatoes, bell peppers, onions, carrots, broccoli, squash, black beans, pinto beans, lentils, chickpeas, and yellow peas

  • Fruits: 80 new price series covering apples (Gala, Honeycrisp, Fuji, Cosmic Crisp and more), oranges, grapes, strawberries, peaches, pears, bananas, kiwi, and watermelon, including organic variants

  • Meat & Poultry: 39 new price series for beef primal cuts (ribeye, tenderloin, strip loin, chuck, round), lamb (rack, leg, shoulder), turkey (whole, breast, drumsticks, wings), hog, and cattle live/dressed weight prices

  • Food Ingredients: 29 new price series for eggs (caged and free-range across multiple sizes and regions) and ethanol

  • Grains & Feed: 14 new price series for alfalfa, corn (food and feed grade), soybean, DDGS, corn gluten, cottonseed, canola meal, and blood meal

  • Oils & Fats: 8 new price series including choice white grease and animal fat derivatives

  • Herbs & Spices: 5 new price series for jalapeño, serrano, poblano, anaheim chili peppers, and garlic

  • Chemicals: 3 new price series

  • Sugar: 1 new price series

See the complete product list for all 286 series.

Why It Matters:

USDA MARS reports are among the most commonly referenced pricing benchmarks in US agricultural markets. These 286 series bring that coverage directly into Vesper, so you can track US prices for fresh produce, proteins, grains, feed ingredients, and eggs alongside your existing European and global series, all in one place.

How to Use It:

  • Prices Widget: Search for specific products (e.g., "beef ribeye" or "apples Honeycrisp") to bookmark USDA MARS prices alongside your existing series

  • Price Comparison: Compare USDA US prices with European or global equivalents for with different prodcut names

  • Cost Models: Add USDA ingredient prices to your cost models for a more complete picture of US-sourced product costs

How to access?

Add to new or existing dashboards using the search function, or contact your Customer Success Manager at [email protected] for any questions.

205 new Mexico price series from SNIIM

by Vesper Team
New
Data
Fruit
Vegetables & Pulses
Herbs & Spices
Grains & Feed
Nuts, Seeds & Dried Fruits

Vesper has added 205 price series from SNIIM, Mexico's national food price information system. This update includes 168 products that are new to the platform.

What's new:

  • 205 new price series from SNIIM (Sistema Nacional de Información e Integración de Mercados)
  • 168 newly created products
  • Coverage by category:
    • Fruits: 86 series
    • Vegetables & Pulses: 76 series
    • Herbs & Spices: 24 series
    • Grains & Feed: 9 series
    • Nuts, Seeds & Dried Fruit: 6 series
    • Beverages: 2 series
    • Sugar: 2 series

Why this matters:

Mexico is a major origin market for fresh produce, herbs, and specialty ingredients sourced by North American and European food manufacturers. SNIIM data gives buyers an official government reference for regional spot prices. Useful for verifying quotes, tracking seasonal price patterns, and benchmarking cross-border sourcing for categories like avocados, chilies, tomatoes, and tropical fruit.

How to Use It:

  • Prices Widget: search by product name or filter by Mexico as origin market
  • Price Comparison: compare SNIIM prices against other regional sources for the same commodity
  • Cost Models: add Mexican produce prices as inputs to ingredient cost models

How to access?

Add to new or existing dashboards using the search function, or contact your Customer Success Manager at [email protected].

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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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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Global Import/Export Data Expansion

by Vesper Team
Data
Nuts, Seeds & Dried Fruits
Bakery
Grains & Feed
Food Ingredients

Summary: Major expansion of global import/export data coverage across grains, nuts & seeds, and food ingredients - helping you track trade flows and assess supply & demand dynamics.

What's New:

  • Grains & Flour

    • Complete trade data for wheat, corn, and specialty grains

    • Coverage of various flour types and grain derivatives

    • Bakery product trade flows

  • Nuts, Seeds & Dried Fruits

    • Comprehensive data for tree nuts (both in-shell and shelled)

    • Coverage of dried fruits and specialty seeds

    • Full trade flow visibility for key origins

  • Food Ingredients

    • Starches & Gluten

    • Natural & artificial thickeners

    • Egg products & derivatives

    • Essential oils & flavorings

    • Food additives & preservatives

    • Sauces & condiments

Why It Matters: Import/export data provides crucial market context beyond prices. These trade flows help you:

  • Assess global supply & demand dynamics

  • Track market movements across regions

  • Identify emerging trends in your category

  • Make more informed buying decisions

How to Use It:

  1. Navigate to the Import/Export widgets

  2. Select your category and product

  3. View import/export flows through our interactive visualizations

  4. Use one of 5 different widgets to make trade data actionable

Note: This is our largest trade data expansion beyond our existing coverage in Dairy, Oils & Fats, and Sugar, with more categories coming soon.

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