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.

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.

New US data partner: Sosland Publishing

by Vesper Team
New
Data
Partnerships
Oils & Fats
Grains & Feed
Sugar & Sweeteners
Cocoa

Vesper has partnered with Sosland Publishing to bring 114 weekly spot price series into the platform. Sosland is a leading US trade publisher covering food ingredient markets.

What's new:

  • 114 weekly spot price series from Sosland, now live
  • Coverage spans four commodity categories: Oils & Fats, Grains & Feed, Sugar, and Cocoa
  • All series are weekly frequency, reflecting US spot market conditions
  • A second batch covering forward cash prices and basis prices is planned for Q2 2026

Why this matters:

Sosland prices are widely referenced by buyers and sellers in North American ingredient trade. Having them in Vesper means you can compare US spot prices directly against European benchmarks in a single view. For categories like cocoa, oils, and grains where US and EU prices regularly diverge, that cross-regional visibility matters in negotiations.

How to Use It:

  • Prices Widget: search Sosland series by commodity or keyword
  • Price Comparison: set up US vs EU price comparisons for the same commodity
  • Cost Models: use Sosland weekly prices as inputs alongside existing European series

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].

Shipping and Freight Transport Prices

by Vesper Team, Product Marketing
New
Energy & Transport
Data
Partnerships

Vesper has launched Commodity Shipping Intelligence through an exclusive partnership with Upply, bringing freight rate benchmarks directly into the platform. This integration enables procurement teams to track delivered costs by combining commodity prices with real shipping rates for their specific inbound lanes—creating true landed cost visibility.

What's New:

  • Inbound Freight Benchmarks: Real shipping rates for strategic procurement routes, not generic freight indices

  • Upply Partnership Integration: Access to validated freight data from one of Europe's leading logistics intelligence providers

  • Route-Specific Pricing: Targeted lanes for commodity imports (origin ports to destination factories)

  • Multi-Modal Coverage: Ocean freight, road transport, and intermodal combinations where relevant

  • Integrated Cost Analysis: Combine commodity prices with freight to calculate true delivered costs

Why It Matters: Commodity prices at origin tell only half the story. With shipping costs representing 10-30% of delivered prices and extreme volatility in freight markets, procurement teams need visibility into both components. This integration transforms Vesper from a commodity price platform into a complete landed cost intelligence system—critical for accurate budgeting and supplier selection.

How to Use It:

  1. Search freight routes using origin-destination pairs in the platform search

  2. Add to dashboards alongside relevant commodity prices for complete cost tracking

How to access? Freight rates are available to all Vesper users who have access to the Energy and Transport category. For more information, contact [email protected].

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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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