Thomson Reuters today announced it has further extended its commodity research and forecast service on its flagship financial markets desktop, Thomson Reuters Eikon, to include key insight for the agriculture markets.
This follows the addition of Thomson Reuters GFMS metals research and forecast analytics to the service last month. Thomson Reuters Eikon now enables traders and analysts focused on agriculture markets to combine rich research content and forecast analytics from Thomson Reuters Lanworth with real-time and historical news and pricing information to better inform trading decisions.
Population growth, increased meat consumption and the convergence of feed and fuel are components that are dynamically altering demand in the agricultural markets. Understanding supply in these changing conditions is therefore critical. Agriculture professionals using Thomson Reuters Eikon now have access to forward-looking analysis and forecasts on the key supply factors within agriculture markets to determine potential effects on future market prices.
Thomson Reuters Lanworth is widely acknowledged as a leading provider of fundamental analysis and forecast data for the agriculture markets. Thomson Reuters Lanworth employs real-time satellite imagery and weather feeds, extensive ground surveys, and advanced crop growth and yield models to offer highly accurate early season forecasts across the world, with particular focus on the U.S.
"Thomson Reuters in-depth knowledge of agriculture markets is widely respected in the industry and we have a well-established and global agriculture trading community using Thomson Reuters Eikon," said Kris Carlson, head of Agriculture Markets, Thomson Reuters. "By integrating forward-looking market intelligence from Thomson Reuters Lanworth with the innovative tools, real-time news and community of Eikon, we are giving commodities professionals the analysis and future view they need to make better informed trading decisions."
Thomson Reuters Eikon is designed to provide an intuitive, next-generation solution for consuming real-time and historical data and executing financial markets transactions across asset classes such as foreign exchange (FX), fixed income, commodities, equities and derivatives. It realizes Thomson Reuters vision for a financial markets desktop that is intelligent, simple and social. Driven by powerful search engine technology, Eikon carries real-time data, news, charts, insightful commentary, analytics and trade execution tools through views that can be customized to individual user preferences and workflow.