Know when to buy

Why MPC isn't a clean swap for WPC80, but buyers are reaching for it anyway

As WPC80 hits historic highs, MPC is catching the spillover bid. See where the swap actually works, why prices are moving and what's next.

How the Middle East conflict reshaped US dairy commodity prices in weeks

When war broke out in the Middle East in March 2026, oil surged, supply chains scrambled, and dairy prices moved in ways that had...

US NFDM prices surged 90% in five months. Here's what's next.

From $1.18/lb in early December 2025 to a record of $2.2625/lb on May 4, 2026. The rally pushed NFDM to its highest level in 12 years.

Inside the CME spot call: from daily settlement price to a forward-looking price forecast

How CME spot call prices work, who in US dairy relies on them, and how Vesper visualizes the same data alongside a forecast.

Why procurement managers pair USDA prices with price forecasts

USDA prices anchor your contracts but lag the market by weeks. See how an AI price forecast on the same USDA series turns a backward-looking

What the CBOT price really tells you (and what It doesn’t)

The CBOT price is an auction, not a forecast. See what the settle really tells US buyers, what it doesn't, and what to pair it with.

Why futures prices are not forecasts (and what a real forecasts looks like)

A futures curve is not a forecast, even when they look alike on a screen. Here's the distinction that matters for CBOT and CME procurement.

How the rise of GLP-1 is reshaping the dairy protein industry

How GLP-1 weight loss drugs are reshaping dairy protein demand and whey pricing: what buyers, sellers, and traders need to know.

Why GLP-1 is becoming a structural headwind for sugar

GLP-1 adoption is creating a structural headwind for sugar demand. Explore consumption shifts, market signals, and short-term price outlook.

The US dairy herd replacement math that should worry every buyer

The US dairy herd is at its largest since 1993. But replacement heifer inventory just hit a record low. The math behind today's milk...

US butter stocks hit a 17% deficit despite record production. Here's what happened.

US butter production hit all-time highs in 2025 and early 2026. Stocks still fell 17% below prior-year levels. Read how record exports and...

US dairy's growing export dependency: what it means when the world buys your surplus

US dairy exports hit record levels across cheese, butter, and whey in 2025. That growth created a dependency that tariffs, currency...

WPC80 in 2026: why US buyers can't find product at any price

US WPC80 prices doubled from $5.80/lb to over $10.50/lb in six months. GLP-1 demand, production constraints, and a global investment...

The US dry whey market in 2025: How China tariffs and a protein boom pulled prices in opposite directions

Why the US dry whey market in 2025 was caught between trade tariffs with China and a protein boom. Here's the month-by-month breakdown.

US Butter Prices in 2025: From $2.50 to $1.45 in 12 Months

US butter prices fell 42% in 2025 as record milk fat production collided with weakening global demand. Here's the month-by-month story.

US cheese in 2025: 27% price drop in 12 months

How record US cheese production, new facility capacity, and European competition created a 27% price decline in 2025. A Month-by-month view.

US NFDM in 2025: How tariffs and global oversupply crushed the most export-dependent US dairy product

A month-by-month breakdown of why US NFDM and SMP prices collapsed in 2025 despite lower production. Tariffs and structural shifts explained.

US whey protein prices in 2025: How GLP-1 and the protein trend broke $10/lb for the first time

How changed consumer behaviour pushed US whey protein prices above the $10/lb mark. A month-by-month breakdown for procurement teams.

How European white sugar prices moved through 2025: A month-by-month breakdown

Explore how European white sugar prices moved month by month in 2025. From regional price differences to weather impacts and supply cuts.

Why cocoa prices dropped 43%: One of the biggest commodity corrections in 2025

Learn why cocoa prices fell 43% from €10,800 to €6,150 in 2025. Analysis of demand destruction, supply issues, and structural market changes.

Understanding silent market signals to improve commodity procurement strategy

These days, procurement professionals have commodity intelligence platforms, like Vesper, to help provide the most accurate insights.

Wheat types for industrial baking: Procurement manager's buying guide 2026

Wheat procurement best practices for industrial baking. Compare hard, soft, durum & milling wheat prices, seasonal trends.

Tracking the Sunflower–Rapeseed Oil spread: A margin-lever for bakery procurement teams

Discover how bakeries can use the sunflower–rapeseed oil spread to improve sourcing decisions. Track benchmarks, model costs, forecast prices.

Why coconut oil prices increased by 33% in 2025: A complete month-by-month timeline

Discover why coconut oil prices surged 33% in 2025. Explore key drivers, monthly market events, and expert price outlooks.

How weather may shape bakery ingredient prices in 2026: key recommendations on when to buy

Discover how extreme weather in 2025 is affecting global supply chains and pricing for sugar, grains, oils, cocoa, and nuts.

Procurement in the sugar market: what makes it so different? – Insights from Head of Marketing & Global Supply Chain at Viterra

Martijn Noordhoek, Head of Marketing & Global Supply Chain at Viterra, shares key insights on how buyers can manage long-term sugar market risk.

Dairy procurement in 2025: Why it feels like hitting a moving target

Dairy procurement has never been straightforward, but 2025 presents a unique challenge: the market feels like a constantly moving target.

Is your oils & fats procurement strategy ready for the most interconnected market ever?

Oils & fats procurement has become incredibly complex with biofuel demand, EUDR compliance, and regional supply disruptions to navigate.

Sugar markets in turmoil: Why 2025 is the most challenging year for procurement teams

Learn how procurement teams are adapting their buying strategies to navigate EU production cuts, weather extremes, and ethanol competition.

Fonterra’s approach to commodity risk, index pricing and the future of dairy

Discover how Fonterra’s President of Global Ingredients, Richard Allen, deals with volatility in the global dairy market.

Will tariffs reshape Palm Oil competitiveness?

Explore how Trump's new tariffs amplify the Malaysian-Indonesian palm oil price gap from €80 to €290/MT, reshaping procurement decisions.

Global dairy markets in flux: US tariffs, European FMD, and supply chain disruptions

Discover how new US tariffs, European FMD, and currency shifts are reshaping global dairy trade, from cheese exports to lactose market tightness.

Egg market dynamics: Understanding price volatility and regional supply challenges

Industry expert Anders Wurcel from Ovodan analyzes current egg market trends, regional price differences, and future outlook.

The impact of rising cocoa powder prices on the European bakery industry

European bakery manufacturers face major challenges as cocoa powder prices soar 40%, forcing changes to formulations, procurement, and pricing.

Vesper’s Expanded Coverage of the Egg Market: Prices, Analysis, News, and Trade Insights

Discover Vesper's enhanced egg market coverage, offering real-time prices, in-depth analyses, trade insights, and monthly market reports.

Dairy Café Recap: Key 2025 Dairy Market Insights and Trends

Discover key 2025 dairy market insights, including trends, FMD impacts, New Zealand production. Stay ahead with actionable updates.

2024 Bakery Costs Unpacked: Butter Highs, Sugar Lows, and the Outlook for Ingredients

Explore 2024 bakery cost trends: soaring dairy, stable eggs, and falling sugar prices, plus insights into 2025 market expectations.

2024 Cheese Market Resilience Amid Dairy Volatility: Trends, Challenges, and 2025 Outlook

Explore the 2024 cheese market's resilience amid dairy volatility, production growth, supply challenges, and the outlook for 2025.

2024 Chocolate Market Turmoil: Cocoa Prices Surge Amid Supply Shortages and Dairy Volatility

Explore the 2024 chocolate market’s challenges with soaring cocoa prices, volatile dairy costs, sugar relief, and what 2025 holds for manufacturers.

2024 Fortified Foods Sector: Protein Ingredient Pressures, Market Growth, and Emerging Trends

Explore the 2024 fortified foods sector: protein ingredient pressures, market growth, and emerging trends in protein-enriched products.

2024 Infant Nutrition Market: Rising Ingredient Costs, Dairy Protein Pressure, and Oil Volatility

Discover the 2024 infant nutrition market: rising ingredient costs, dairy protein pressures, oil volatility, and 2025 challenges ahead.

2024 Oils and Fats Market Volatility: Price Fluctuations, Sourcing Challenges, and Sustainability Trends

Explore the 2024 oils and fats market with price surges, sourcing challenges, and sustainability trends shaping the industry for 2025.

2024 Sauces & Condiments Market: Oil Price Surges, Egg Fluctuations, and Ingredient Cost Challenges

Explore the 2024 sauces & condiments market with rising oil prices, egg price fluctuations, and ingredient cost challenges.

2024 Sugar & Sweeteners Market Trends: Price Declines, Production Shifts, and Evolving Consumer Preferences

Discover the 2024 sugar and sweeteners market trends, with price drops, shifting consumer preferences, and what’s shaping the market in 2025.

Navigating 2024 Confectionery Challenges: Cocoa Surge vs. Sugar Price Drop

Explore 2024 confectionery trends with rising cocoa costs for chocolate and falling sugar prices for sugar-based products.

Technical vs. Fundamental Analysis in Agri Commodities: How AI Can Improve Price Forecasting

Discover how AI-powered analysis combines technical and fundamental insights for more accurate price forecasting in agricultural commodities.

Top 7 Insights into US Dairy Market Trends: Prices, Production, and Forecast for 2024

In the global agriculture market, the US dairy market stands out as a global powerhouse, both in terms of production and consumption.

El Niño unlikely to have a significant negative impact on the total global vegetable oil production

Explore the impact of El Niño and other weather patterns on soybean, palm oil, rapeseed, sunflower, and olive oil production.

5 Critical Metrics Driving Soybean Oil Prices in the United States: A 2024 Forecast

Explore the critical metrics influencing US soybean oil prices, from production volumes and biofuel industry impact to global trade dynamics.

What is the Impact of the Red Sea attacks on the Vegetable Oil Complex?

Middle Eastern Geopolitics: Discover the impact of the Red Sea ship attacks on the vegetble oil complex, like soybean, sunflower, palm oil.

Beyond Guesswork: Utilising Forecasts to Navigate Commodity Price Fluctuations

Master commodity trading with AI forecasts. Gain insights on price, production, and stock trends to make informed, market decisions.

Mastering market moves: how to set up commodity alerts for timely trading decisions

Master commodity trading with effective price, news, and trend alerts. Our guide details how to stay ahead in a dynamic market.

Dairy dynamics down under: Navigating New Zealand's milk season with NZX

Explore NZ milk season dynamics with Vesper and NZX. Get expert insights to navigate New Zealand's dairy market effectively.

Global dairy trade streams: gaining strategic advantages in the dairy market using Vesper

Discover how Vesper's trade data tools help dairy producers and buyers track global trade streams and gain a competitive market edge.

Understanding vegetable oil crop seasonality: a guide to forecasting supply and demand

Discover why vegetable oil crop seasonality matters. Learn how planting, midseason, and harvest timing shape supply, demand, and market forecasts.

Unlock AI-Powered Strategies for Smarter Agricultural Commodity Trading

Discover 3 ways AI can amplify your agricultural trading strategy with Vesper. Make data-driven decisions for higher returns.

What Are Reinforcement Learning Trading Agents and Why You Need Them When Trading Commodities

Reinforcement learning, an area of machine learning, might be most commonly known in relation to autonomous vehicles: where a car learns how to drive by trial…