Oils and Fats price forecasts
Watch how state of the art techniques, including mathematical models and deep learning models predict the future on our oils and fats prices forecast page!
Use Vesper’s oils and fats prices forecast page to challenge prices and reduce costs. Our predictions are based on all the data that Vesper collects from different sources, including vegetable oil related as non-vegetable oil related data and are generated using state of the art techniques, including mathematical models and deep learning models.
Currently, we use over 10 different models, which have more than a million parameters that can be trained. For most commodities we train on 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. Nevertheless, we’re continuously working on improving our vegetable oil prices forecast, always looking to increase our predictive accuracy.
Vesper’s current oils and fats price forecast is able to predict for 6 months forward and predicts prices, production volumes and ending stocks for multiple vegetable oils. Our platform includes forecasts like the soybean forecast and palm oil forecast.
Try Vesper for your team
14 days for free. No credit card needed.Free Trial