Agriculture methodology

Find out how we assess and forecast prices and create forward curves

Contact us to receive a copy of the methodology and compliance documentation listed below

Talk to our pricing team at pricing@fastmarkets.com.

Price assessment methodologies
Forecasting methodologies
  • Animal fats and oils forecast
  • Biomass-based diesel forecast
  • Hemp and CBD forecast
  • Organic and non-GMO forecast
  • Vegetable and seed oils forecast
Energy price assessment methodology

Download a copy of the Fastmarkets Agriculture IOSCO Assurance Report

Agriculture pricing notices

This is to better reflect market activity and liquidity, which is closely linked to liquidity quotes in the palm and laurics markets. The new specifications are as follows, with amendments in italics: AG-PLM-0035 Crude palm oil mill effluent, fob MalaysiaQuality: Free fatty acids (FFA) min. 30%, moisture, impurities and unsaponifiable matter (MIU) max. 3%, total fatty […]

Based on market feedback received and data collected, Fastmarkets has changed the free fatty acids (FFA) content to a maximum of 5% and iodine value (IV) to a minimum of 70 grams of iodine/mercury (hg), to reflect a specification used more commonly in the market. The updated quality specification of the prices are as follows: […]

The consultation, which was originally open until February 6, sought to address growing market interest in these prices, to give more visibility into the price formation process and to more closely align these assessments with observed trading patterns. Specifically, Fastmarkets is seeking further feedback on: Extended consultation periodThe extended consultation period for these proposed changes starts […]

An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]

The following prices have been corrected: AG-CH-0082 Hide index, fob US, $/pc was published incorrectly at $13.8875 per piece. This has been corrected to $13.7750 per piece. AG-CH-0034 Hides, butt branded steers, regular-weight, $/piece was published incorrectly at $11.00-18.00 per piece. This has been corrected to $11.50-18.00 per piece. AG-CH-0032 Hides, butt branded steers, light-weight, $/piece was published incorrectly at $12.00-19.50 […]

These changes are based partly on market feedback and on changes to regional production and SAF flows to Chicago and Los Angeles. Additionally, the calculations for feedstock production volume loss have been updated with market feedback. The new calculation assumes maximized SAF output at a hydrotreated esters and fatty acids (HEFA) production facility, and so […]

If you have questions about our pricing process, contact our pricing team.

Disclaimer

This Disclaimer is in addition to our Terms and Conditions as available on our website and shall not supersede or otherwise affect these Terms and Conditions. Prices and other information contained in this publication have been obtained by us from various sources believed to be reliable. This information has not been independently verified by us. Those prices and price indices that are evaluated or calculated by us represent an approximate evaluation of current levels based upon dealings (if any) that may have been disclosed prior to publication to us. Such prices are collated through regular contact with producers, traders, dealers, brokers and purchasers although not all market segments may be contacted prior to the evaluation, calculation, or publication of any specific price or index. Actual transaction prices will reflect quantities, grades and qualities, credit terms, and many other parameters. The prices are in no sense comparable to the quoted prices of commodities in which a formal futures market exists.

Evaluations or calculations of prices and price indices by us are based upon certain market assumptions and evaluation methodologies, and may not conform to prices or information available from third parties. There may be errors or defects in such assumptions or methodologies that cause resultant evaluations to be inappropriate for use. Your use or reliance on any prices or other information published by us is at your sole risk. Neither we nor any of our providers of information make any representations or warranties, express or implied as to the accuracy, completeness or reliability of any advice, opinion, statement or other information forming any part of the published information or its fitness or suitability for a particular purpose or use. Neither we, nor any of our officers, employees or representatives shall be liable to any person for any losses or damages incurred, suffered or arising as a result of use or reliance on the prices or other information contained in this publication, howsoever arising, including but not limited to any direct, indirect, consequential, punitive, incidental, special or similar damage, losses or expenses.

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