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Special Report · Weather
The 2026 El Niño
A potentially historic El Niño is forming, and its peak is still months away. See which markets are most exposed, and when.
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Free whitepapers & market outlooks.
Quarterly outlooks, end-of-year recaps and procurement buying guides, straight from the Vesper analyst team.
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Special Report
The GLP-1 Protein Squeeze
GLP-1 demand has quadrupled European whey prices since 2023. See what it means for sourcing through 2027.
Market Outlook · Bakery
Bakery Q4 2026 Market Outlook
Every bakery input in one report, from flour to butter. See where costs head into 2027.
Market Outlook · Grains
Grains Q4 2026 Market Outlook
Wheat, corn, barley, soybeans and rice, and a Black Sea corridor that still will not clear.
Market Outlook · EU Sports Nutrition
EU Sports Nutrition Q4 2026 Market Outlook
Whey protein has turned while milk protein keeps climbing. See where the floor sits.
Market Outlook · US Sports Nutrition
US Sports Nutrition Q4 2026 Market Outlook
Protein demand is driving the whole complex. See where whey levels off and milk protein heads.
Market Outlook · EU Dairy
EU Dairy Q4 2026 Market Outlook
Milk protein has more than doubled while butter fell. See what drives the European split.
Market Outlook · US Dairy
US Dairy Q4 2026 Market Outlook
NFDM climbs on the CME Spot Call while butter and cheese fall on supply. See what Q4 holds.
Market Outlook · Meat & Poultry
Meat & Poultry Q4 2026 Market Outlook
Three meats heading three different ways. See which way pork, beef and poultry turn.
Market Outlook · Chocolate
Chocolate Q4 2026 Market Outlook
Every input behind a chocolate bar in one view. See where the recipe cost heads next.
Market Outlook · Sugar
EU Sugar Q4 2026 Market Outlook
A shortfall Europe cannot import its way out of. See what has to happen to prices.
Market Outlook · Oils & Fats
Oils & Fats Q4 2026 Market Outlook
Weather and policy against the harvests. See which vegetable oil moves which way.
Market Outlook · Agri Commodities
Agri Commodities mid-year report 2026
A single energy and freight shock ran through every commodity in the first half of 2026. See what moves next.
Market Outlook · US
US Dairy mid-year report 2026
US dairy split in two in H1 2026. See what it means for prices.
Market Outlook
Dairy mid-year report 2026
Plenty of milk, yet whey proteins hit records. See how the market split in two.
Market Outlook
Sports Nutrition mid-year report 2026
Whey protein has climbed to record levels. See what is behind the squeeze.
Market Outlook
Oils & Fats mid-year report 2026
Biofuel policy has taken over from energy in vegetable oils. See what moves next.
Market Outlook
Chocolate mid-year report 2026
Every input behind a chocolate bar in one view. See where the costs head next.
Market Outlook
Bakery mid-year report 2026
Flour costs rose into spring, then gave most of it back. See every bakery ingredient.
Market Outlook
Sugar mid-year report 2026
The world is in glut, yet Europe is tightening. See where sugar prices head next.
Market Outlook
Oils & Fats H2 2026 Market Outlook
Vegetable oils mid-year recap and forward outlook for H2 2026.
Market Outlook
Chocolate H2 2026 Market Outlook
Cocoa and chocolate mid-year recap and forward outlook for H2 2026.
Market Outlook
Bakery H2 2026 Market Outlook
Bakery ingredients mid-year recap and forward outlook for H2 2026.
Market Outlook
Dairy H2 2026 Market Outlook
EU dairy mid-year recap and forward outlook for H2 2026.
Market Outlook · US
US Dairy H2 2026 Market Outlook
US dairy mid-year recap and forward outlook for H2 2026.
Market Outlook
Sugar H2 2026 Market Outlook
Sugar mid-year recap and forward outlook for H2 2026.
Market Outlook
Sports Nutrition H2 2026 Market Outlook
Sports nutrition mid-year recap and forward outlook for H2 2026.
Market Outlook · US
US Sports Nutrition H2 2026 Market Outlook
US sports nutrition mid-year recap and forward outlook for H2 2026.
Market Outlook
Pizza, Pasta & Snacks H2 2026 Market Outlook
Pizza, pasta & snacks mid-year recap and forward outlook for H2 2026.
Weekly Brief · US
US Weekly dairy brief
Where US dairy prices stand, the fundamentals behind them, and the week's news, from Vesper's dairy analysts.
Recap & Forecast
Pizza & Pasta: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across pizza & pasta inputs.
Recap & Forecast
Sports Nutrition: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across sports nutrition ingredients.
Recap & Forecast
Dairy: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across EU dairy markets.
Recap & Forecast
Oils & Fats: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across vegetable oils & fats.
Recap & Forecast
Bakery: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across bakery ingredients.
Recap & Forecast
Chocolate: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across cocoa & chocolate.
Recap & Forecast · US
US Dairy: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across US dairy markets.
Recap & Forecast
Sugar: EOY 2025 / Outlook 2026
End-of-year recap for 2025 and full outlook for 2026 across global sugar markets.
Buying Guide
Sugar Buying Guide
A practical procurement guide for sugar buyers: pricing, contracts, risk.
Buying Guide
Dairy Buying Guide
A practical procurement guide for dairy buyers: pricing, contracts, risk.
Buying Guide
Oils & Fats Buying Guide
A practical procurement guide for oils & fats buyers: pricing, contracts, risk.