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Your FO Licht Services are Changing

29 April 2020

At IHS Markit, we are making some exciting changes to FO Licht, evolving these services and combining them with IEG Vantage, to create a new and improved service, covering commodities relating to food, feed and biofuels. This follows extensive customer discussions and our commitment to delivering greater value to our clients, via a more intuitive, online service.

You will continue to receive your usual FO Licht content, produced by the existing, reliable, expert analyst and research teams, on an ongoing basis, plus a number of benefits from the new service. We expect these changes to take place before the end of June, and will be communicating additional information to clients on what is happening and when, over the course of this period.

What is changing?

FO Licht's coverage of sugar, ethanol and biofuels, coffee, molasses and feed ingredients will be combining with IEG Vantage's coverage of global crops and proteins to create a single, comprehensive source of independent, trusted agricultural commodity research and data, expert market analysis and support, designed to deliver critical insight for agribusiness leaders to make informed, strategic business decisions. Powered by IHS Markit's independent and authoritative historical agribusiness data, expert analysis, and precise forecasting services, it will enable rapid reaction to changes in the agribusiness landscape, anticipation of volatility and comprehension of complex market dynamics.

The combined service will offer more comprehensive view of global agricultural commodity markets, with coverage areas:

  • Crops - Acreage and Production, Barley, Corn/Maize, Cotton, Oats, Rapeseed, Rice, Soybean, Sorghum, Sunflower, Wheat
  • Proteins - Beef, Poultry, Turkey, Pork & Hogs
  • Dairy - Milk, Cheese, Butter, Whey Protein Concentrate, Skim milk, Lactose, Casein, Eggs
  • Softs - Cocoa, Coffee, Sugar and Sweetener, Molasses and Feed Ingredients
  • Energy - Ethanol, Biofuels, Oil and Gas
  • Policy, Weather, Transportation and Morning Comments

Please note: You will automatically have access to the content you have been receiving until now. If you wish to add more market coverage - simply contact your Account Manager.

How will my service improve?

A comprehensive food commodities intelligence service
The new service will provide more holistic view of food commodity markets, with integrated coverage across softs, grains and protein commodity markets. With all of our expert verified information in one place, this helps clients make decisions with greater confidence and accuracy. Clients will also benefit from single sign-on to one platform instead of across multiple websites as FO Licht is now.

Enabling clients to be more decisive
Find the information you need quickly and efficiently using the new service, with a more intuitive user experience navigating and accessing data. "Data explorers" allow for improved visualisation, to analyse datasets and extract insights from, as well as time-saving tools such as bookmarking charts, tables and saved data explorer queries. It will also include new data explorers for country balance sheets, production, import/exports, plants & projects.

Enhanced analyst support
Get in touch anytime with one of our analysts, now embedded in a larger team of agricultural commodity experts, to better understand market trends or fundamentals, and its direct impact on your organisation.

Greater sugar markets coverage
FO Licht's International Sugar & Sweetener Report subscribers will benefit from enriched North American data coverage in the service, as subscribers will get further access to US price forecasts and increased reporting on US futures markets. These are also indicators for which direction European sugar markets are heading, as markets are closely linked.

NEW weather and policy coverage
FO Licht services subscribers will now receive additional US Policy and Weather coverage to supplement markets reporting, as well as a daily Morning Comments report, rounding up the latest global agribusiness developments. This additional coverage is included as part of the new service for no extra cost.

Support available

We will be communicating training sessions for the new service that you can attend closer to launch. Additionally, there will be training guides videos and PDFs available.

If you have any questions regarding these changes, please contact your Account Manager or our Customer Success team.




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