EUR / mt
EUR / mt
US - CBOT
CN - DCE
EU - MATIF
EUR / container
mt
EUR / mt
Weather patterns indicate improved rainfall across Centre-South Brazil; neutral impact expected short-term…
Spot butter softens while NFDM stabilises; futures curve shifts modestly lower week-over-week…
Our latest global edible oils review suggests upside exhaustion with inventories rebuilding across key…
A surge in US corn and soybean prices has been the dominant feature, with spillover effects seen on Euronext…
Q3 grind numbers from Europe, Asia, and North America all point to a continued slump in demand…
European butter markets are closing 2025 under pressure as production increases and stocks accumulate, setting the stage for prices to fall below €4,000/mt in the first quarter of 2026.
Indian importers have committed to buy more than 150,000 metric tons of South American soybean oil each month from April to July 2025, fearing tighter supplies of palm and sunflower oils in 2026.
Managed money traders now hold a short position of half a million metric tons of cocoa beans. This position size has never failed to hurt them in the past, according to commodity analyst Martijn Bron.
| Component | Price Share % | Price EUR/MT |
|---|---|---|
| Non-ingredient costs | 23.70% | 626 |
| Energy Cost | 2.50% | 66 |
| Labour Cost | 9.70% | 256 |
| Other Overhead Cost | 3.00% | 79 |
| Profit Margin | 8.50% | 224 |
From ingredient sourcing to packaging procurement, Vesper helps companies in every food and beverage category secure better commodity deals.
Everything you need to know about commodity procurement software and market intelligence.
Yes, Vesper leverages AI technology in several key areas of our platform. Our AI models power price forecasting with 95%+ directional accuracy for 30-day predictions, analyze millions of data points to identify optimal buying windows, and automatically aggregate market intelligence from diverse sources. The AI works alongside our in-house analysts to provide more accurate insights than either could deliver alone, helping procurement teams make data-driven timing decisions with greater confidence.
Commodity procurement software is a specialized platform that helps businesses plan, execute, and track purchases of raw materials and commodities. Unlike general procurement tools, it includes market intelligence, price forecasting, and commodity-specific features to help procurement teams secure better deals in volatile markets.
Commodity intelligence provides market forecasting, price benchmarks, and timing insights that help you buy during favorable market conditions. Our customers typically see 15-30% cost reductions by avoiding panic purchases and timing their buys strategically using AI-powered market analysis.
CTRM (Commodity Trading and Risk Management) systems focus on trading operations and financial risk management for commodity traders. Commodity procurement software like Vesper focuses on the purchasing workflow for end-users who need to buy raw materials for production, with emphasis on sourcing, approval processes, and supplier negotiations.
Our AI models combined with proprietary analyst research achieve 95%+ directional accuracy for 30-day price movements across major commodity categories. While no forecast is perfect, our customers use these insights to make more informed timing decisions and reduce exposure to unfavorable price swings.
Yes, Vesper integrates with major ERP systems including SAP, Oracle, and Microsoft Dynamics through our APIs and native Excel plugin. This allows you to sync purchase data, track performance metrics, and maintain your existing approval workflows while adding commodity intelligence capabilities.
Vesper provides intelligence and pricing data for agricultural commodities (grains, oils, dairy), food ingredients, packaging materials, energy products, and industrial materials commonly used by FMCG companies. Our coverage spans global markets with particular strength in North American and European supply chains.
Most customers are up and running within 1-4 weeks. Implementation includes data integration, user training, and configuration of your specific commodity categories and suppliers. Our customer success team provides hands-on support throughout the onboarding process.
Absolutely. While commodity intelligence was traditionally only available to large corporations, Vesper makes these capabilities accessible to companies of all sizes. Our flexible pricing and scalable platform work for procurement teams managing $1M to $1B+ in annual commodity spend.
Customers typically see ROI within 3-6 months through cost savings from better timing, improved supplier negotiations, and reduced manual processes. The average customer saves 15-30% on commodity costs and recovers 10+ hours per week previously spent on market research and approval documentation.
