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.

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].

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].

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

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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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