Vesper  Updates

Technical Analysis: Interpretable and actionable for all food commodity products

by Vesper Team
New
Vesper Toolbox
Forecasting & Outlook

Summary: Vesper has launched Technical Analysis, a new forward-looking capability that translates complex market behavior into clear, actionable timing signals. Previously reserved for trading experts using specialized tools, technical analysis is now accessible to every procurement professional through simple, visual indicators. This feature helps teams identify optimal buying windows by analyzing price patterns and momentum, delivering straightforward signals that answer the critical question: "When should I act?"—no financial expertise required.

What's New:

  • Three procurement-focused indicators that signal market timing without financial jargon

  • Moving Averages show if prices are trending above or below "normal" levels

  • MACD detects when price movements are accelerating or losing steam

  • RSI identifies when markets are overheated or oversold, highlighting potential reversals

  • Clean visual signals (green/red arrows + Interpreted text) that make complex analysis instantly understandable

Why It Matters: Fundamental data tells you why prices should move, but not when the market will react. Technical Analysis bridges this gap by revealing when markets start believing the fundamental story. In volatile markets where timing can mean the difference between saving and losing on purchases in volatile markets. These indicators help procurement teams spot early trend changes, identify optimal entry points, and avoid buying at market extremes, without requiring trading expertise.

How to Use It:

  1. Add Technical Analysis to any dashboard by using the search function

  2. View the summary panel showing all three indicators at a glance

  3. Green arrows indicate upward pressure/momentum, red indicates downward

  4. Click the extended view for in depth analysis of the indicators

  5. Combine with Vesper's other forward-looking tools for complete forward looking intelligence

Related Features: Technical Analysis completes Vesper's forward-looking toolkit:

  • AI Forecasting predicts where prices are headed (the "how much")

  • Dashboard fundamentals explain market drivers (the "why")

  • Market reports provide expert context

  • Now Technical Analysis reveals entry point (the "when")

Did you like this update?

LikeNeutralDislike

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]

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

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.

Did you like this update?

LikeNeutralDislike

North America & Europe Grain Prices

by Vesper Team
New
Grains & Feed
Forecasting & Outlook
Bakery

Summary: Added grain prices and 6-month forecasts for North America and Europe, with daily and weekly updates.

What's New:

  • Regional coverage:

    • North America: CA, US

    • Europe: AR, DE, IT, NL, PL, SE, TR

  • Products covered:

    • Barley

    • Corn

    • Durum Wheat

    • Flax

    • Millet

    • Oats

    • Rye

    • Wheat

Why It Matters: More frequent price updates and forward-looking data help you track market movements and time purchases better.

How to Use It:

  1. Open Dashboard

  2. Find the data available both in the price, price comparison, and price forecast widgets

  3. Filter by region and product

Did you like this update?

LikeNeutralDislike