Companies already powering their procurement strategy
You are missing opportunities if you are:
Unable to benchmark fair pricing due to limited access to data and network contacts.
The last to know when markets shift, leaving you to react while competitors have already taken action.
Experiencing outdated or incomplete market data, leading to slower decision-making.
Transparent Market Insights
Independent Pricing Benchmarks for Food commodities
Break free from outdated public benchmarks that miss crucial market movements with a dynamic index built on verified market participants to optimize every purchasing decision.
Discover how Procurement Teams are reaching new heights with Vesper.
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
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
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
Frequently Asked Questions
Let’s see if we can answer most of your questions regarding commodities in combination with Vesper.
What kind of information does Vesper provide on commodities?
Vesper offers a comprehensive range of information, including real-time and historical pricing, market forecasts, full supply and demand data, in-depth analysis, and relevant news across a wide array of agricultural commodities such as dairy, vegetable oils, sugar, grains, food ingredients, cocoa and more.
Can I perform direct trading on Vesper?
No, Vesper is not a trading platform; it is an intelligence platform that provides you with actionable insights and data to inform your commodity-related decisions.
Can I access global commodity data on Vesper?
Yes, Vesper’s proprietary data is sourced from a global network of buyers, sellers, and traders, giving you a comprehensive view of commodity markets across the world. Vesper also consolidates publicly available data and quotations and works with partners to provide commodity data from across the globe.
What types of commodities can I access on Vesper?
Vesper provides data on agricultural commodity prices across a diverse range of products, including but not limited to dairy, oils and fats, sugar, beverages, cacao, coffee, eggs, fertilisers, fish and seafood, food ingredients, fruits, grains, herbs and spices, livestock and meat, nuts and seeds, packaging, starches, sweeteners, vegetables, and legumes.
Can I stay updated on the latest data changes by using Vesper?
Yes, once you’ve set up your Vesper account, you can add data notifications for a range of data types (prices, production, forecasts) and changes (increase/decrease, new value) so you’ll always be the first to know.