Dairy prices forecast

Watch how state of the art techniques, including mathematical models and deep learning models predict the future on our dairy prices forecast page!

Use Vesper’s commodity forecasting page to challenge prices and reduce costs. Our predictions are based on all the data that Vesper collects from different sources, including dairy related as non-dairy related data and are generated using state of the art techniques, including mathematical models and deep learning models.

We use over 10 different models, which have more than a million parameters that can be trained. For most commodities we train on about 20 years of historical data. Different commodity prices are forecast using different models, enabling us to give you the most accurate commodity price forecast on the market. Thanks to our advanced models, our predictions are one of the most accurate on the market - our May EU SMP stock level forecast was 55,882mt (prediction made 3 months prior), while the actual May EU SMP Stock levels came in at 55,606mt. That’s an accuracy of 99.995%!

Vesper’s current dairy prices forecast is able to predict for 1 to 12 months forward and predicts prices, production volumes and ending stocks for dairy commodities like the milk price forecast and the cheese price forecast all over the world.

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