Vesper, the commodity intelligence platform trusted by procurement teams across the food industry, is excited to announce a strategic partnership with Fastmarkets, a global leader in commodity price reporting and market intelligence. This collaboration combines the strengths of two specialized data providers to deliver a comprehensive solution for professionals navigating increasingly complex and volatile commodity markets.

Fastmarkets’ proprietary pricing data, covering grains, oils & fats, and packaging, is now seamlessly integrated into Vesper’s intuitive analytics platform. This creates a centralized access point for actionable commodity intelligence, designed to benefit teams across the entire organization.

Three key advantages: broader coverage, cross-verification, and workflow efficiency

This partnership responds to the pressing needs of procurement professionals, commercial buyers, and trading teams who require a clear, real-time view across commodities and geographies:

  • Expanded data access: Unlock 700+ proprietary Fastmarkets price points, now available directly within Vesper
  • Enhanced pricing confidence: Validate market trends and pricing through dual-source verification from both Vesper and Fastmarkets
  • Streamlined operations: Access all relevant data through a single platform, eliminating the need to switch tools or systems

A powerful combination of expertise

This strategic partnership unites two market leaders with complementary strengths. Vesper offers industry-leading price assessments across dairy, oils & fats, cocoa, and sugar markets, along with advanced analytics and visual tools that turn raw data into actionable insights. Its customizable dashboards and real-time alerts are built to support the workflows of modern procurement teams.

Fastmarkets enhances this offering with its authoritative benchmarks for grains, oils & fats, and packaging materials, underpinned by over 700 proprietary price points. Its deep supply chain coverage, from raw materials to packaging, along with recognized pricing standards and regional price variations, gives clients a robust foundation for commercial decisions.

By integrating Fastmarkets’ Packaging and Agriculture data into Vesper’s intuitive platform, clients gain a unified, enterprise-wide view of market dynamics. This eliminates data silos, supports coordinated procurement strategies, and enables teams to navigate volatility with speed and confidence.

A shared commitment to market transparency across the supply chain

Alexander Sterk, Founder & CEO of Vesper:
“The addition of Fastmarkets’ benchmarks—especially their packaging prices—perfectly supports our new cost modeling feature. Our users want a full picture of product costs, and this partnership brings us one step closer to delivering exactly that.”

James Mansfield, Chief Revenue Officer at Fastmarkets:
Our partnership with Vesper aligns with our mission to deliver actionable insights and innovative solutions to our customer base. By combining Fastmarkets data with Vesper’s procurement solutions, we enhance our core offerings and empower businesses to make smarter decisions. This collaboration allows the global food and agriculture industry to access Vesper’s key solutions enhanced by Fastmarkets’ data in packaging, grains, oils, and fats.

What this means for you

For more information, contact Bram Schreurs at bram@vespertool.com

About Vesper: Vesper is a leading commodity intelligence platform helping procurement teams in the food industry make smarter buying decisions through real-time data, market analytics, and powerful insights.

About Fastmarkets: Fastmarkets is a global provider of commodity price reporting and market intelligence, delivering trusted pricing benchmarks and insights across metals and mining, forest products, agriculture, energy and carbon.