Economics & Country Risk Pricing and Purchasing - Supply Management

Agriculture Markets Analysis & Forecasts

Negotiate prices effectively reduce supply chain costs and boost your bottom line.

Do you have reliable agricultural commodity price forecasts to underpin your sourcing decisions?

Turn to Pricing & Purchasing from IHS Markit for accurate forecasts of agricultural commodity prices, including crops, livestock, sweeteners, dairy as well as processed foods. Leverage our cost models to improve your negotiating position. Utilize our expertise to build a cost picture that includes wages, transportation, packaging and overhead. For more than 40 years, our team has assisted the purchasing community with critical data, expert insight and proven forecasting models on the world’s agricultural markets and the key factors that drive them.

Food processors, wholesalers and retailers leverage our solutions to:

Obtain more accurate price estimates than broad inflation rates or historical trends
Monitor prices and pinpoint the best times to make key purchases
Evaluate supplier price quotes based on input costs and supplier margins
Negotiate contract escalation clauses
Benchmark purchasing performance
Prepare budgets and financial reviews based on accurate price data

Customer Testimonials

We just accomplished one of our major goals, which was to save the company a half billion dollars over four fiscal years

Learn more about our client’s success

Analysis & Forecasts

Agriculture Commodity Prices

Commodity Price Watch
A monthly price history, summary of key market drivers and quarterly price forecast to 2020 for 10 agricultural commodity categories.

Agriculture Pricing and Purchasing Service
Quarterly frequency prices forecasts to 2020 for 38 commodities, including a monthly summary of key market drivers and price change updates.

US Agriculture Service
Quarterly forecasts to 2025 for 30 separate US crop and livestock categories along with a breakdown of US farm income.

Global Crops Service
Historical data and quarterly forecasts to 2025 for 19 crops in 63 major countries or regions, along with monthly commodity updates.

Global Livestock Service
Quarterly forecasts to 2025 for the beef, pork and broiler industries in 35 major countries or regions, along with a semi-annual analysis of the forecasts and monthly commodity updates.

Global Crops Cost of Production Service
Semi-annual forecasts to 2020 for the costs and returns of 14 selected crops in over 40 countries, representing 80% of worldwide agricultural production.

Global Fruit and Vegetable Service
Our newest forecasts and analysis for monitoring and analyzing 90% of worldwide agricultural production for 14 selected fruit and vegetable industries.

Custom Solutions

US State 20 Principal Crops Acreage Service
Provides quarterly updated forecasts through 2025 for 20 major US crops on a state-by-state basis. Rely on our detailed data to position your products where demand is greatest.

US County 20 Principal Crops Acreage Service
Delivers semi-annual acreage forecasts through 2025 for 20 major US crops at the county level, ensuring you have the granular data you need to support your specific sales territory.

US County Fruits, Vegetables, and Tree Nuts Acreage Service
Delivers semi-annual, 10-year acreage forecasts for 80 specialty crops at the county level, providing you the granular data you need to support your specific sales territory.

US State Fruits, Vegetables and Tree Nuts Acreage Service
Provides 10 year projections of acreage growth for 80 separate specialty crops for each of the 50 states. Rely on our detailed data to position your products where demand is greatest.

Products & Solutions

US Agriculture Service

Get the long-term outlook for the US agricultural market.

Are you basing your planning and purchasing decisions on reliable, long-term projections?

Global Crops Cost of Production

Leverage the long-term cost and return outlook for 14 key crops worldwide.

Do your current business strategies factor in long-term cost forecasts?

Global Livestock Service

Access the long-term outlook for global livestock commodity prices.

Are you using accurate forecasts to underpin investment, planning and negotiation strategies?

Global Crops Service

Access the long-term outlook for 19 key global crops.

Do you have a clear and consistent view of your crop market prices?

Commodity Price Watch

Understand the key drivers of global agricultural commodity markets.

Do you have an easy and reliable method for tracking agricultural commodity prices?

Global Fruit and Vegetable Service

Access the ten-year outlook for the world’s fruit and vegetable market prices.

Do your key business decisions factor in the most comprehensive forecasts available?

Industry Success Stories

Monsanto’s Procurement Team Saves $680 Million in Costs and Mitigates Supply Risks to Maximize Value to Farmers

When a global agriculture company standardized on one source of market intelligence for purchasing, it surpassed a goal of $500 million in savings by almost 35%. Savings included $9 million from a supplier that was 50% less expensive and $11 million from integrating logistics with procurement, as well as gains from a hedging strategy to manage fluctuating prices.

Learn more about our client's successes

Cargill Strategic Sourcing Delivers on Customer Value with Actionable Market Intelligence

One of the world’s largest privately owned food/agribusiness companies delivered millions of dollars in value over 4 years through enhanced global sourcing. Its strategic sourcing team used market intelligence to manage price volatility for both the company and its suppliers so they can deliver greater value to customers.

Learn more about our client's successes

Experts

Bob Maltsbarger

Dr. Maltsbarger is responsible for the continued development, maintenance, and forecasting of international oilseeds, oils, and meals sector, including providing monthly supply and demand analysis and commentary on international oilseeds and their derivatives. He leads cost modeling development for the food, fiber, feed and beverage sector and provides insight and forecasting of select specialty crops including coffee and tree nuts. Dr. Maltsbarger joined IHS Markit in May 2010. He designed and created new products to assist with client planning and analysis including the addition of global partial equilibrium models for multiple commodities, commodity processing and food, fiber, feed and beverage manufacturing primary input cost models, and the extension of fruits, vegetables and tree nuts into the pricing arena for downstream clients. He holds B.S, M.S. and Ph.D. degrees in agricultural economics from the University of Missouri, Columbia.

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Brandon Kliethermes

Mr. Kliethermes focuses on the continued development, maintenance, and forecasting of US crops. He also provides daily and weekly commentary on current issues affecting agricultural markets worldwide. Mr. Kliethermes created and maintains the Pricing & Purchasing Softs Commodity Price Index (GISCPI) to evaluate weekly prices changes for food components, such as feed grains, food grains, meals and oils, dairy, fiber, sugar, and meats and products. Mr. Kliethermes earned a Master of Science in Agricultural Economics at the University of Missouri-Columbia, US.

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Ryland Maltsbarger

Mr. Maltsbarger supervises the long-term Global Crops and Livestock Services along with the monthly update of the quarterly price forecast. He is directly responsible for global sugar and cotton forecasts. Other duties include forecasts and publication of the Global Crops Cost of Production Service. Mr. Maltsbarger received his MBA and his Bachelor of Science in Agricultural Economics from the University of Missouri-Columbia, US.