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The world of agri procurement has evolved dramatically in recent years, with data and technology increasingly at the forefront in decision-making. Food procurement nowadays goes beyond just considering cost, quality, and reliability. Geopolitical pressures and environmental factors are also increasingly just as important. Companies and procurement teams use data to varying degrees, but utilizing analytics […]
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After reaching unprecedented levels at the end of 2024, cocoa prices experienced a dramatic 43% decline throughout 2025, falling from...
The cocoa market in the last five years is best defined by dramatic price surges and extreme volatility, driven by...
Luckily, these days, procurement professionals have commodity intelligence platforms, like Vesper, to help provide the most accurate insights. Alongside this,...
Business Intelligence (BI) tools can help businesses make more informed, data-driven decisions. The right tools can also help companies improve...
Your bakery’s profitability hinges on two fundamental ingredients: soft wheat and butter. These commodities represent 45-65% of your raw material...
Understanding wheat classifications is critical for FMCG procurement managers. Each wheat type affects product quality, costs, and margins differently. This...
Ever wondered how that 120% spike in cocoa prices translates to the actual cost of your chocolate chip cookies? If...
With cocoa butter prices remaining volatile, currently hovering around €14,748 per metric ton after peaking in December 2024, food manufacturers...
In the edible oil markets, sunflower and rapeseed oil remain two of the most functionally interchangeable ingredients in industrial bakery...
“I can teach you to trade. I can’t teach you to be hungry.” — Rob Gosman, Global Commodity Head, BP.Considering...
After trending upward since mid-2024, the global coconut oil market extended its rally into 2025, with prices climbing another 33%...
In recent years, bakeries and FMCG manufacturers have faced a growing challenge: climate volatility, which is now central to sourcing...
