United States
US 53965178 | Procurement

Commodity Price Forecasting Services in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
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.

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What’s included in this market coverage

IBISWorld's research coverage on the Commodity Price Forecasting Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Commodity Price Forecasting Services market in the United States includes Agricultural Commodity Forecasting Services, Energy Price Forecasting Services, Metals & Mining Price Forecasting Services, Oil & Gas Price Forecasting Services and Food & Beverage Commodity Forecasting Services. Standard coding in this coverage includes ISIC-732-Market research and public opinion polling, NACE-73.20-Market Research And Public Opinion Polling, NAICS-541910-Marketing Research and Public Opinion Polling and UNSPSC-80141503-Commodity price forecasting.

What common market terminology is included?

Common market terminology included in the Commodity Price Forecasting Services procurement coverage includes Commodity (A raw material or agricultural product that is bought and sold on an open market.), Forecast (An estimation of future events, in this case the price of a commodity, based on research and historical analysis.) and Periodical (A publication that has a new edition released on a regular, set schedule.).

What companies are included as top suppliers?

The top companies covered in the Commodity Price Forecasting Services procurement report as suppliers are Consensus Economics Inc., Oxford Economics Ltd., Gann Global Financial, Farm Journal Inc. and Alea Business Software S.L..

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Commodity Price Forecasting Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per one year of monthly reports, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Commodity Price Forecasting Services market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Commodity Price Forecasting Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Commodity Price Forecasting Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Commodity Price Forecasting Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Commodity Price Forecasting Services?

The 2026 benchmark market price for Commodity Price Forecasting Services is $1330 per one year of monthly reports. Prices have increased at a CAGR of 2.11 from 2023-26.

Who are the top vendors in the Commodity Price Forecasting Services market?

The top vendors in the Commodity Price Forecasting Services market include Consensus Economics Inc., Oxford Economics Ltd., Gann Global Financial, Farm Journal Inc. and Alea Business Software S.L..

What industries supply the Commodity Price Forecasting Services market?

The top industries supplying the Commodity Price Forecasting Services market are Commercial Leasing in the US, Real Estate Sales & Brokerage in the US, Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, Operating Systems & Productivity Software Publishing in the US, Data Processing & Hosting Services in the US, IT Consulting in the US, Internet Service Providers in the US and Wired Telecommunications Carriers in the US.

What is the supply chain risk for Commodity Price Forecasting Services?

Low vendor financial risk supports multiyear contracting strategies that stabilize buyer costs. Vendors in this market operate on subscription-based revenue models, resulting in stable cash flows and longer sales cycles that reduce exposure to short-term market volatility. For buyers, this creates a favorable environment to pursue longer-term agreements that lock in predictable pricing and reduce administrative burden from frequent renewals. Buyers should take advantage of vendor stability by negotiating multiyear contracts with value-add clauses, such as flexible report customization or bundling, to secure savings without increasing supply chain risk.

What factors affect the price of Commodity Price Forecasting Services?

Geographic coverage affects price by reflecting regional demand and supply dynamics, transportation costs, and local market regulations. For instance, commodities in high-demand urban areas may be priced higher due to increased competition and logistical costs, while rural areas might experience lower prices due to less demand and lower transportation expenses.

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