priceVision Logo

Agri Commodity Price Forecasting

Reduce raw material price risk while increasing your bottom line!

Our agricultural commodity price forecasting is designed to assist users in making informed decisions and minimizing future price risk. It enables firms to view detailed analysis and forecasts of agricultural commodity prices, such as crops, sweeteners, dairy, livestock, and processed foods. As a result, farmers and business owners can limit their loss due to price volatility.

For accurate prediction of Agri commodity prices

Agriculture commodity prices are affected by many factors like weather events, biofuel mandates, economic policies, technological advances, oil prices, currencies exchange rates etc. All these factors become input for our forecasts for short- & long-term horizons. Agricultural commodities are further categorized as Oilseeds Veg oils, Softs & Grains which are actively traded in physical & derivatives markets.

PriceVision forecasts can help traders & procurement managers to manage price risk in raw material sourcing, thereby increasing the margins for the end products.

Meals and Cakes

Agricultural meals and cakes refer to food products that are made using ingredients sourced from agricultural products. This includes food items such as grain-based meals and baked goods made using flour, fruits, and vegetables grown on farms. These products are often marketed as being made from fresh, natural ingredients and can be found in many grocery stores, specialty food shops, and online. Examples of agricultural meals include porridge made from oats or cornmeal, bread made from wheat flour, and pasta made from semolina. Examples of agricultural cakes include fruit cakes made with fresh or dried fruits, carrot cakes made with grated carrots, and corn cakes made with cornmeal. In many cases, agricultural meals and cakes are seen as a healthier alternative to processed food products made from refined flour and sugar. They are also often associated with traditional, home-style cooking and are favored by people who are interested in eating locally-sourced, sustainable food.

Mustard Meal

Kandla

Daily Change (Val)

₹ -3.00

Weekly Change (Val)

₹ NaN

₹ 249

Softs

Few commodities, like sugar, coffee, cocoa, cotton which are derived from the plants & grown for consumption rather than mined refers to soft commodities. The global pricing of soft commodities is influenced by demand and supply, market sentiment, climatic changes, speculation, and other macro-economic factors on a global scale.

Sugar Futures

ICE

Daily Change (Val)

¢ 0.41

Weekly Change (Val)

¢ 0.09

¢ 20.89

Cocoa Futures

ICE

Daily Change (Val)

£ 18.00

Weekly Change (Val)

£ 79.00

£ 2120

Cotton Futures

ICE

Daily Change (Val)

¢ 0.36

Weekly Change (Val)

¢ -3.60

¢ 77.58

Palm Fatty Acid

Kandla

Daily Change (Val)

₹ 15.00

Weekly Change (Val)

₹ NaN

₹ 700

Grains

Grains are harvested edible dry seeds of grasses like wheat, corn, oats, rice etc. used for human as well as animal consumption. They provide about half of the worlds food energy & form the main ingredients for packaged foods. In 2020, the coronavirus (COVID-19) outbreak spread over the world, caused unusual variations in the grain market, and posing serious threats to global food security. Therefore, nations all over the world must examine the factors that affect grain prices and present appropriate plans to assure the safety of the grain supply.

Corn Futures

CME

Daily Change (Val)

$ -1.75

Weekly Change (Val)

$ 5.25

$ 631.75

Wheat Futures

CBOT

Daily Change (Val)

$ -38.75

Weekly Change (Val)

$ -22.50

$ 662

Vegetable Oils

Vegetable Oil is derived after the oilseeds undergo an extraction process for edible & nonedible use. The content of oil in each oilseed varies & hence, the use may vary too. The rising use of vegetable oil in developing countries such as India and China is driving the market for vegetable oil worldwide. These economies' rising standards of living, expanding populations, and altered diets all contribute to an increase in consumption.

Palmoil Futures

Malaysia BMD

Daily Change (Val)

RM -95.00

Weekly Change (Val)

RM -448.00

RM 3569

Palmoil SPOT

SPOT

Daily Change (Val)

₹ -5.00

Weekly Change (Val)

₹ -15.00

₹ 855

Soybean Oil

Kandla

Daily Change (Val)

₹ 0.00

Weekly Change (Val)

₹ NaN

₹ 1130

Corn Oil

Gujarat

Daily Change (Val)

₹ 0.00

Weekly Change (Val)

₹ -10.00

₹ 850

Mustard Oil

Jaipur

Daily Change (Val)

₹ 15.00

Weekly Change (Val)

₹ NaN

₹ 1135

Rice Bran Oil

Haryana

Daily Change (Val)

₹ 10.00

Weekly Change (Val)

₹ 10.00

₹ 870

Rice Bran Oil

Hyderabad

Daily Change (Val)

₹ 0.00

Weekly Change (Val)

₹ NaN

₹ 825

Sunflower Oil

Mumbai

Daily Change (Val)

₹ -25.00

Weekly Change (Val)

₹ -45.00

₹ 1080

Sunflower Oil

Kandla

Daily Change (Val)

₹ 0.00

Weekly Change (Val)

₹ NaN

₹ 1160

Soybean Oil

Dhule

Daily Change (Val)

₹ 0.00

Weekly Change (Val)

₹ NaN

₹ 1100

Canola Futures

ICE

Daily Change (Val)

$ 15.20

Weekly Change (Val)

$ -15.80

$ 735.2

Oilseeds

Oilseeds are the Seeds cultivated primarily for extraction of oil due to high concentration of oil present in them. Its oil & by-products are used for human consumption, animal feed and manufacture of biodiesel (fuel). The major oilseed crops include, Palm, Soybean, Sunflower, Rapeseed, etc.

Soymeal Futures

CME

Daily Change (Val)

$ -13.30

Weekly Change (Val)

$ -40.10

$ 438.3

Soybean Futures

CME

Daily Change (Val)

$ -29.00

Weekly Change (Val)

$ -69.75

$ 1419.5

Try it Yourself

An Overview of the Booming Global Cocoa Market

An Overview of the Cocoa Market Around the world, cocoa is a significant product, serving as both a...

Know More

Wheat Bulls or Bears for the coming year?

A member of the grass family under the name Triticum, wheat is a type of cereal grain. This spiky gr...

Know More

Factors Affecting Crude Oil Prices to Trade on Higher Note

Factors Affecting Crude Oil: Crude oil is found accumulated in the wide, porous rock formation in t...

Know More

The gold price anticipates economic troubles in 2023

Global Trading Market for Gold The gold market is huge, yet little is understood about how it opera...

Know More

Will the price of palm oil decrease in 2023?

Contemporary Trends in Palm Oil Sector The most popular vegetable oil is palm oil. It serves as a f...

Know More

What does the Indian sugar market look like?

Introduction - Indian Sugar Industry The Indian sugar industry is the second largest producing mark...

Know More
Company
Social Media
Get in Touch

Thoucentric Labs
WeWork Vaishnavi Signature
No. 78/9, Outer Ring Road, Bellandur Village Varthur Hobli
Bengaluru - 560103, Karnataka, India

contact@thouc-labs.ai

+91 829-108-8306

Thoucentric Labs

Copyright @ 2023. Thoucentric Labs