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.

Expanded sugar price coverage with new country-specific Vesper Price Indices for Germany, Netherlands, Poland, and Spain, complementing our regional EU benchmarks. All benchmarks are updated weekly and remain DAP (Delivered at Place) derived from actual market participants aiding price discovery.

Why it Matters: National sugar markets have distinct dynamics driven by local production, trade flows, and supply-demand factors. While regional benchmarks provide essential context, country-level visibility enables more precise procurement strategies, especially in deficit markets like Spain that rely heavily on imports.

What's New:

• Weekly white sugar benchmarks (ICUMSA 45) for:

  • Germany

  • Netherlands

  • Poland

  • Spain

• Delivery basis: DAP (Delivered at Place)

• Weekly updates every Wednesday

How to Use It:

1. Access Sugar benchmarks in the Prices widgets by searching for ‘white sugar‘

Summary: New wheat flour price calculator now available, combining MATIF milling wheat prices with production costs to estimate realistic flour market values.

What's New:

• Wheat flour price calculation based on MATIF futures

• Customizable input parameters including:

  • Wheat purchase price (FOB French Ports)

  • Original protein content

  • Target protein content

  • Vital wheat gluten price

• Integration of key production cost factors:

  • Electricity consumption

  • Water usage

  • Milling efficiency rates

  • Labor costs

• Medium-sized miller operational model

• Located in Calculations Page under Grains & Feed

Why It Matters: Raw wheat prices tell only part of the story. This calculator helps you understand the full cost structure of flour production, enabling more informed negotiations and better prediction of price movements. Best of all, you can adjust the parameters to match your specific situation and market conditions.

How to Use It:

1. How to Use It:

   1. Navigate to the Calculations Page

   2. Select Grains & Feed category

   3. Choose "Wheat Flour Price - MATIF" calculator

   4. Adjust the input parameters to match your needs

   5. View the calculated theoretical EXW flour price

Part of our expanded grains coverage in Q4 2024, which includes:

• New import/export flow data for grains and flour

• Enhanced production data coverage

• Additional benchmark pricing for grains and flour products

Together, these tools give you a complete view of the market from trade flows to final product costs.

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.

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

Summary: Expanded vessel lineup tracking with insights into Russia and Ukraine through UkrAgroConsult, providing trade insights weeks/months ahead of official customs data.

What's New:

• Live vessel tracking for:

  • Vegetable oils & oilseeds, and Meals

  • Grains and Pulses

  For Russia and Ukraine exports

Why It Matters: See actual trade movements weeks before official reports, helping you spot supply shifts and market trends as they happen.

How to Use It:

1. Select the Vessel Lineup Table widget on your dashboard

2. Select Russia or Ukraine as origin

3. Filter by product

Summary: Weekly public quotations now available for key UK grain products including wheat (milling bread, other milling, feed), barley (malt, feed), and oats (milling).

What's New:

• Weekly price benchmarks for 6 UK grain products

• Data integrated directly into your pricing widgets

• Historical price trends included

Why It Matters: Track price developments in the UK grains market with weekly updates, giving you clear visibility into regional market movements for both milling and feed grade products.

How to Use It:

1. Navigate to your pricing widgets

2. Select the product and region from the product filter

3. Add notifications, compare prices, or use any other feature in the Vesper toolbox as needed

Summary: Expanded partnership with Sugar Online brings twice-monthly Indian sugar market reports, offering deep insights into the world's second-largest sugar producer.

What's New:

• Comprehensive India Sugar Market Report (twice monthly)

• Coverage includes domestic market dynamics, crop evolution, production forecasts

• Analysis of consumption trends, trade flows, and policy impacts

Why It Matters: Better understand price movements and market dynamics in India's sugar market, helping you understand the dynamics at play in the worlds second largest sugar producer. Policy changes in export behavior influence the world’s supply of sugar, being an important variable to understand when analyzing the market.

How to Use It:

1. Access the Market Analysis section

2. Filter on Sugar in your left bar

3. Open the latest report or scroll back to earlier publications

Summary: Get earlier insights into import/export movements with new vessel line-up data for Argentina, covering a comprehensive range of oils, fats, and grains.

What's New: Oils & Fats Coverage:

• Biodiesel
• Ethanol
• Canola oil
• Corn oil
• Soybean oil
• Sunflower oil
• Soya hull pellets
• Soybean meal
• Canola
• Olein and more

Grains Coverage:

• Barley
• Corn
• Rice
• Sorghum
• Wheat

Why It Matters: Vessel line-up data provides early indicators of trade flows, helping you anticipate market movements before official trade data becomes available.

How to Use It:

1. Navigate to vessel line-up section
2. Filter by product category
3. Monitor upcoming shipments
4. Compare with historical patterns

→ View Vessel Line-up data: app.vespertool.com/dashboard/trade

Need help? Contact your customer success manager or email [email protected]