Procurement Market Intelligence Report
Commodity Price Forecasting Services
Sourcing Guide & Market Intelligence
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Commodity Price Forecasting Services Global Overview
Definition
Summary
Commodity price forecasting (CPF) services are specialized services that provide predictions and analysis of future price movements for various commodities. Suppliers are market research or consulting firms that produce statements on the price of commodities based on multiple variables, including macroeconomic factors and other available statistics. Buyers of commodity price forecasting services include commodity producers, commodity trading firms, government agencies, and companies that purchase commodities as inputs.
This Report Includes:
- Commodity Price Forecasting Services
- Market Research Services
- Public Opinion Polling
Not in this Report:
- Scientific Research & Development Services
- Contract Research Organization Services
Classification:
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Global Commodity Price Forecasting Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 Europe | 1,710 |
| #2 South America | 720 |
| #3 China | 565 |
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Geography Drilldown - US
Average Cost of Commodity Price Forecasting Services
United States
2026 Market Pricing$240.00 to $X,XXX.XX
per one year of monthly reportsAverage Price
Prices in the Commodity Price Forecasting Services market range from $240.00 to $X,XXX.XX, depending on Number of Commodities, Number of Markets, Frequency of Forecasts and Additional Features. For example, lower prices are associated with Package of forecasts for all agricultural commodities spanning the US market, whereas higher prices are associated with Package of forecasts for all agricultural commodities spanning the global market.
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Commodity Price Forecasting Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Commodity Price Forecasting Services market, prices in the US have grown 2.7% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
Wondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Commodity Price Forecasting Services
Total cost of ownership is Low in the Commodity Price Forecasting Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Hidden Fees may raise the total cost of ownership unexpectedly.
Negotiated Before
Financing
Billed During
Additional Fees
Unforeseen
Hidden Fees
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -1.2 in the United States. Buyer power is most positively impacted by Recent Price Trend. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
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- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Commercial Lessors
- Internet Service Providers
- Computer & Packaged Software Wholesalers
- Data Processing & Hosting Service Providers
2nd
Tier Suppliers
- Real Estate Sales & Brokerage Firms
- Wired Telecom Carriers
- Operating System & Productivity Software Publishing Firms
- Computer Manufacturers
- IT Consultants
Biggest Commodity Price Forecasting Services Suppliers in the US by Revenue
The largest Commodity Price Forecasting Services vendors by revenue in the US are Consensus Economics Inc., S&P Global Inc. and Hearst Communications Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| S&P Global Inc. | Global | NEW YORK, NY | >10,000 | 10-15 | ||||
| Hearst Communications Inc. | Global | New York, NY | >10,000 | 5-10 | ||||
| Thomson Reuters Corporation | Global | TORONTO | >10,000 | < 5 | ||||
| Alea Business Software S.L. | Global | Barcelona, ES | 25-50 | < 5 | ||||
| Farm Journal Inc. | National | Lenexa, KS | <25 | < 5 | ||||
| Gann Global Financial | National | Tucson, AZ | <25 | < 5 | ||||
| J. Ganes Consulting LLC | National | New York, NY | <25 | < 5 | ||||
| SRK Consulting Inc. | Global | Johannesburg , ZA | 1,001-10,000 | < 5 | ||||
| Consensus Economics Inc. | Global | London, UK | <25 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Commodity Price Forecasting Services market is 10.8% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Overhead. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Low vendor risk increases the attractiveness of cost-saving, multiyear contracts. Businesses with subscription models have longer sales cycles on average, which help insulate them financially from short-term economic instability.
The commodity price forecasting market has a low level of concentration, with the top four vendors accounting for less than 30.0% of the market. The low level of concentration boosts buyer power because it gives buyers more supplier options and encourages price competition among vendors.
Supply chain risk in the commodity price forecasting services market is moderate, as providers spend a large portion of revenue on wages, considering that commodity price forecast reports are a labor-intensive process. Wage trends have historically been stable and are not at risk of significant spikes, and there is also little risk of a shortage of market researchers; as a result, it is unlikely that vendors will face supply chain issues that could cause sudden price spikes or business interruptions.
The United States is a net importer of computers, meaning it imports more computers than it exports. While lower manufacturing costs abroad drive down prices for imported computers, relying on imports can lead to potential shortages or price increases if there are supply chain disruptions due to geopolitical tensions, trade disputes, or global crises.
Supplier Information
S&P Global Inc.
S&P Global Inc. is a public company operating globally in the professional, scientific and technical services and administration, business support and waste management services sectors. The company's offerings include chemical management services, commodity price forecasting services, investor relations services... Subscribe to learn more
Hearst Communications Inc.
Hearst Communications Inc. is a private company operating globally in the information and professional, scientific & technical services sectors. The company's offerings include commodity price forecasting services, search engine marketing services, magazine advertising, newspaper advertising and television... Subscribe to learn more
Alea Business Software S.L.
Alea Business Software S.L. is a private company operating globally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services. Founded in 1999, the company is currently headquartered in Barcelona, Aarhus, Spain with an estimated 37 employees.... Subscribe to learn more
Consensus Economics Inc.
Consensus Economics Inc. is a private company operating globally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services. Founded in 1989, the company is currently headquartered in London, England, United Kingdom with an estimated 10... Subscribe to learn more
Farm Journal Inc.
Farm Journal Inc. is a private company operating nationally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services. Founded in 1877, the company is currently headquartered in Lenexa, Kansas, United States of America with an estimated... Subscribe to learn more
Gann Global Financial
Gann Global Financial is a private company operating nationally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services. Founded in 1990, the company is currently headquartered in Tucson, Arizona, United States of America with an estimated... Subscribe to learn more
J. Ganes Consulting LLC
J. Ganes Consulting LLC is a private company operating nationally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services. Founded in 2001, the company is currently headquartered in New York, New York, United States of America with Subscribe to learn more
Oxford Economics Ltd.
Oxford Economics Ltd. is a private company operating globally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services. Founded in 1981, the company is currently headquartered in Oxford, England, United Kingdom with an estimated 400 Subscribe to learn more
SRK Consulting Inc.
SRK Consulting Inc. is a private company operating globally in the professional, scientific & technical services sector. The company's offerings include commodity price forecasting services and mining engineering services. Founded in 1974, the company is currently headquartered in Johannesburg, Gauteng, South... Subscribe to learn more
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Procurement Management KPIs for the Commodity Price Forecasting Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Customer Acquisition Cost and Customer Satisfaction (CSAT). Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Pricing and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Customer Acquisition Cost |
|
Total marketing costs Total sales cost Number of customers acquired |
Determining how much it costs to establish a customer relationship is essential in negotiation and price planning. Using customer acquisition cost can be used to determine the efficiency of customer acquisition process. |
| Customer Satisfaction (CSAT) |
|
Number of positive customer responses Number of customer responses |
Customer satisfaction represents customers’ overall satisfaction with a company or vendor. Customer satisfaction can be used to evaluate a company’s overall reputation for quality and well-priced forecasting services. |
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Experience and Expertise
What are your renewal and repeat business rates for businesses in my industry? How does that compare to your overall rates
What type of relevant research do you conduct, and which conferences do you attend to stay up to date with the latest developments in this field?
Competition
How do you attract new clients and retain existing clients?
What is your reputation like among customers and peers, and how have you developed it?
Staff Turnover
What are the various stages of your hiring process? What specialized skills do you require your employees to possess?
How much access will I have to senior staff members? Is most work done by low-level employees?
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Commodity Price Forecasting Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should give an overview of their organization, including the industry in which they operate.
Buyers should briefly mention the types of forecasts required.
Statement Of Need
Buyers should specify the exact type and quantity of forecasts required
Buyers should specify the frequency of forecast updates needed.
Project Budget
Buyers should request detailed cost breakdowns for each forecast.
Buyers should explain the schedule with which payments will be made.
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Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
