Maximizing opportunities: utilizing 2024’s top 5 agricultural commodity trends
2024’s top 5 agri-commodity trends revealed! Gain strategic insights for market navigation, including specific dairy and oils/fats outlooks.
Your Source for Commodity Intelligence
Commodity Index
Product description
Independent Pricing Benchmark
Vesper’s proprietary commodity index, the Vesper Price Index (VPI), provides you with independent, market-representative prices, empowering you to make well-informed decisions and increase your negotiation power.
Commodity Intelligence Platform
Experience the Vesper Price Index (VPI), a unique pricing benchmark with market-representative prices within your personalized Dashboard, along with simplified Futures, a , AI-driven Market Outlook, integrated Calculations, unbiased market analyses, and on-the-go access with our Vesper App.
Pricing
Our pricing model is designed to suit your requirements, whether you’re a single or multi-commodity user. Pay only for what you need, including access to downloadable data, ensuring cost-effectiveness and flexibility.
Navigate Volatile Markets with Unbiased Commodity Benchmarks
Take advantage of our Vesper Price Index (VPI) to get exclusive insights into market prices. Our independent pricing benchmark is created by collecting price data from trusted industry players and publishing representative market prices. The Index provides unique insights, enhances existing benchmarks, and provide you with data to strengthen your negotiation power.
Vesper Price Index (VPI)
Premium Features:
Today's Prices
|
Price Benchmarks
|
Price Forecasts
Shown in:
- EUR
- MT
Vesper Price Index
Exchange rate:
EUR/USD:
1,07
“By utilising Vesper’s Commodity Price Index, Oleofinos increases its negotiation power and lowers its purchasing costs.”
Oleofinos Ricardo Arellano, Risk Manager
Transparency
unbiased insights
Up-to-Date
Real-time prices
All in one place
Only at Vesper
Tap into an Endless Stream of Price Points
Beyond our independent commodity benchmark, tap into a wide range of key pricing information, both real-time and historical data. Covering over 16 key agricultural commodities and 1,900 distinct products, make informed buying, selling, or trading choices. Don’t just follow the market—master it.
Your Data Epicentre
150+
Data Sources
4500+
Price Series
85
Countries Covered
More about Vesper:
Your Online Resource for Mastering the Commodities Market
Need to follow the volatile commodities landscape? Look no further for guidance. From dairy and cacao to packaging materials, get insights into real-time and historical market prices. And it’s more than just numbers; it’s context to understand market patterns and trends. Utilise this digital platform to make more informed market decisions.
Navigate Commodity Markets with Confidence
Elevate your business operations—whether in agriculture, FMCG, pharmaceuticals, retail, or wholesale—by leveraging Vesper’s comprehensive commodity intelligence. Benefit from real-time and historical data, forecasts, unbiased market analyses and more. Command fluctuating commodity markets with Vesper’s data-driven insights to maximise profits and minimise risks.
Access the Complex World of Commodities
Discover a hub of actionable commodity intelligence data tailored to your needs. From dairy and sugar to specialized categories like herbs and packaging, Vesper’s Overview Page is your one-stop resource for market insights. Whether a food manufacturer or distributor, find the data that matters to you. Dive deep into the world of commodities to find what you need for your industry.
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Frequently Asked Questions
What is a Commodity Index?
A commodity index is a financial benchmark that aggregates the price performance of a range of commodities. It provides a consolidated overview of market trends and serves as a standard for pricing contracts.
What Purpose Does a Commodity Index Serve?
The primary purpose of a commodity index is to act as a pricing benchmark for various commodities. It helps businesses, traders, and industry professionals make informed decisions related to pricing and procurement.
Is a Commodity Price Index a Reliable Benchmark?
A well-constructed commodity index offers a reliable benchmark for pricing commodities, although it’s important to note that commodities can be subject to volatility due to various external factors. Therefore, the index should be one component in a broader strategy for managing commodity risk.
What Sets Vesper's Commodity Index Apart?
Vesper’s commodity pricing index is built on proprietary data by gathering input from all sides of the market (buyers, sellers and traders) to provide an unbiased, market-representative price.
How Often is Vesper's Commodity Index Updated?
Our index is updated anywhere from intra-daily, daily or weekly, depending on the commodity, providing you with the most up-to-date information to make smart buying, selling, or trading decisions.
How Can I Access Vesper's Commodity Index?
You can easily access our commodity index via Vesper’s online platform, which offers various subscription plans tailored to meet your specific needs.
Discover the index without commitment by creating a 14-day free trial.
Quick Chat
- Chat with us via Whatsapp
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- +31 6 43 21 20 19
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- Support@vespertool.com
What are people saying about us?
Dive into real-life success stories and learn how Vesper is transforming the industry.
★★★★★ 4.3/5
“Every week, I look at the Vesper Price Index (VPI), and I can observe if we’re still aligned with the market or if we have to change anything in our pricing strategy.”
Kristian Kabel
Head of Sales at
Lactoprot Germany
★★★★★ 4/5
“Vesper is an excellent benchmark for buyers to double-check whether the quotes they get represent the market.”
Yue Li
Market Intelligence Manager at
Danone
★★★★★ 4.5/5
“Vesper really changed the marketplace by providing a one-stop-shop hub of information.”
Dale Mills Jr.
Vice President of Sales at
Dairy Farmers of America
★★★★★ 4.5/5
“Once you start using Vesper on a daily/weekly basis, then you can really see the value that it brings to the point where you start canceling all of your other subscriptions and just focus on having Vesper as your homepage.”
Huey van Vliet
Sales Manager at
Fonterra Europe
★★★★★ 4/5
“Because dairy prices fluctuate, understanding the data and making smart decisions has become tricky. By providing transparent data, Vesper helps me improve my negotiation skills and increase our company’s margins.”
Kiruba Tinakararajan
Business Development Manager at
Uno Nutrition
★★★★★ 4.5/5
“I like the user-friendliness and the ability to see all the relevant market data and forecasts in a simple dashboard.”
Huey van Vliet
Sales Manager at
Fonterra Europe
★★★★★ 4/5
“I compare my purchasing budget with the latest prices displayed in the Forward VPI to make the best hedging decisions.”
Ricardo Arellano
Risk Manager at
Oleofinos
★★★★★ 5/5
“Vesper enhances our understanding of the EU and Oceania, filling any knowledge gaps and providing insights.”
Dale Mills
Jr. VP of Sales at
DFA