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Benchmark purchases against market prices.

7 articles

Dairy+4Prices

How to Set Commodity Budget Rates for 2027 (Futures vs. Forecast)

How to set commodity budget rates for 2027: blend covered and open volume, choose futures or forecast, add a stress band. Worked SMP and butter example.

Dairy+5Prices

Commodity Price Risk Management for Food Manufacturers: The 2026 Playbook

Commodity price risk management for food manufacturers: real 2026 price swings, a 5-step framework, which ingredients you can hedge and a maturity model.

Finding the right BI tools to optimize bakery procurement

Business Intelligence (BI) tools help bakery procurement teams make more informed, data-driven decisions and improve operational efficiency.

Cost Models

How to Build a Should-Cost Model for a Food Product (Step by Step)

How to build a should-cost model for a food product: price each ingredient, add packaging, energy, labor and margin, and keep it live with commodity data.

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DairyPrices

Track performance

How to Set Commodity Budget Rates for 2027 (Futures vs. Forecast)

Commodity Price Risk Management for Food Manufacturers: The 2026 Playbook

Finding the right BI tools to optimize bakery procurement

How to Build a Should-Cost Model for a Food Product (Step by Step)

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

Top 3 Most Used Datasets: How Vesper Supports Agricultural Procurement Managers in Strategic Buying

Effective Dairy Price Tracking: Top 3 Strategies

Make smarter commodity decisions