Thomson Reuters today announced that it has launched Thomson Reuters Agriculture Fundamentals Database, a unique solution designed to provide market traders and analysts with instant insight into agriculture supply and demand and the consequent effect on market prices. With intuitive navigation the database allows traders and analysts to interpret information in real time and enables them to make quicker and more informed decisions.
Thomson Reuters Agriculture Fundamentals Database removes the need for analysts and traders to manually search for information in response to market-changing events or newly published reports by automatically collating all key information from around the world into a single easy-to-use interface. The solution combines supply, demand and forecast data from key authoritative sources, including both current and historical data, and a powerful search facility to present data instantly in familiar formats already well-used by market professionals.
Kris Carlson, Global Head of Agriculture, Thomson Reuters said: âIn todayâs turbulent times it is harder than ever to stay on top of how natural disasters, wars and economic events are impacting supply and demand for agricultural commodities. By instantly combining historical data with up-to-the minute news on market-impact events, Thomson Reuters Agriculture Fundamentals Database provides a quick and easy way for traders and analysts to analyze and predict supply and demand and its impact on the market, enabling them to act ahead of the market and improve margins.â
Thomson Reuters Agriculture Fundamentals Database is delivered exclusively via the flagship Thomson Reuters Eikon desktop, combining up-to-the-minute news and information with innovative collaboration and execution tools, all presented via an intuitive, internet browser-style interface.
The solutionâs coverage includes key sources that drive prices across the worldâs Commodities markets, including: WASDE (World Agricultural Supply Demand Estimates) supply and demand forecasts for major US and global crops and US livestock; USDA (US Department of Agriculture) weekly summaries and accumulated sales for the year; NOPA (National Oilseed Producers Association) monthly production statistics at state, regional and national levels; and China Grains monthly import/export data for Grains, Softs, Oilseeds and Biofuels.