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Bakery market outlook
European bakery procurement is facing a new mix of supply pressures and price shifts. This report breaks down what’s driving costs across fats, sugars, grains, and more.
- Cocoa costs stay extreme, crop deficits and reformulations dominate
- Oils & fats diverge: palm falls, soy rallies, sunflower remains firm
- Wheat stabilizing, but competition from Black Sea remains high
- Sugar prices supported by acreage cuts
- & more…
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What procurement leaders say about Vesper
“We look at Vesper’s forecasts on a daily basis. Knowing what prices are expected to do in three, six, or nine months is the most important feature for us as buyers”
— Jan Bert Banga, Global Procurement Manager Dairy, Nestle
“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