Commodity | Forecast | 2017-2020

This page provides forecasts for Commodity including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Energy Price Day Q4/17 Q1/18 Q2/18 Q3/18
Crude Oil 52.1722 0.13 0.25% 45.6 41.8 38 34.2
Brent 57.7888 0.15 -0.27% 51.9 48 44.1 40.2
Natural gas 2.9982 0.08 2.64% 2.6 2.3 2 1.7
Gasoline 1.6851 0.01 0.47% 1.42 1.27 1.12 0.97
Heating oil 1.8063 0.00 0.13% 1.64 1.53 1.42 1.3
Ethanol 1.3932 0.01 0.36% 1.33 1.23 1.12 1.02
Naphtha 514.43 3.45 0.68% 412 408 403 403
Propane 0.92 0.00 0.45% 0.61 0.6 0.6 0.58

Metals Price Day Q4/17 Q1/18 Q2/18 Q3/18
Gold 1,271.26 6.52 -0.51% 1230 1190 1160 1120
Silver 16.9571 0.07 -0.41% 15.5 14.7 13.9 13.1
Platinum 916.60 3.64 -0.40% 869 828 786 745
Palladium 964.97 10.03 -1.03% 880 822 765 708

Agricultural Price Day Q4/17 Q1/18 Q2/18 Q3/18
Soybeans 976.2687 3.75 -0.38% 927 886 845 805
Wheat 424.1389 2.00 -0.47% 411 381 350 320
Cotton 66.88 0.43 -0.64% 64.8 60.8 56.7 52.7
Rice 12.0905 0.31 -2.50% 11.2 10.6 9.94 9.3
Cheese 1.7190 0.00 -0.12% 1.65 1.56 1.48 1.39
Palm Oil 2,767.00 43.00 1.58% 2597 2571 2544 2544
Milk 16.61 0.01 0.06% 15.4 15.2 15 15.29
Cocoa 2,139.00 1.00 0.05% 1900 1730 1560 1390
Rubber 196.50 2.30 -1.16% 175 142 108 75
Orange Juice 156.30 0.30 0.19% 143 130 116 103
Coffee 125.85 0.60 0.48% 120 112 103 94.9
Lumber 427.50 0.80 0.19% 386 359 332 305
Oat 267.7324 2.25 -0.83% 225 201 177 152
Wool 1,568.00 0.00 0.00% 1510 1480 1440 1400
Canola 512.30 10.10 2.01% 473 451 428 405
Sugar 13.95 0.05 -0.36% 12.9 11.9 10.8 9.78
Tea 3.69 0.00 0.00% 3.53 3.32 3.11 2.91
Corn 342.5285 1.25 -0.36% 330 311 291 272

Livestock Price Day Q4/17 Q1/18 Q2/18 Q3/18
Live Cattle 111.2375 0.33 -0.29% 104 97.6 91.2 85
Beef 9.57 0.00 0.00% 9.61 9.44 9.28 9.12
Feeder Cattle 152.0381 1.55 -1.01% 146 137 129 121
Lean Hogs 64.8500 0.60 0.93% 54.1 47.4 40.8 34.1
Poultry 3.74 0.00 0.00% 3.34 3.19 3.05 2.9

Industrial Price Day Q4/17 Q1/18 Q2/18 Q3/18
Copper 3.1580 0.01 0.43% 2.6 2.8 2.7 2.7
Bitumen 2,414.00 14.00 -0.58% 1980 1750 1530 1310
Steel 3,806.00 20.00 -0.52% 4685 4303 4058 3568
Cobalt 60,750 750.00 1.25% 58555 57958 57360 57360
Lead 2,459.00 3.00 -0.12% 2228 2205 2182 2182
Aluminum 2,136.00 17.00 -0.79% 2090 2010 1940 1860
Tin 19,575.00 275.00 -1.39% 20100 19200 18300 17400
Zinc 3,099.00 15.00 -0.48% 3070 2860 2640 2420
Nickel 11,670.50 5.00 -0.04% 9160 9067 8973 8973
Molybdenum 15,750.00 0.00 0.00% 15435 15278 15120 15120
Iron Ore 59.50 0.00 0.00% 62.7 62.1 61.4 61.4
Coal 96.75 0.00 0.00% 77.9 77.1 76.3 76.3
Lithium 146.36 0.47 -0.32% 105 104 103 103

Index Price Day Q4/17 Q1/18 Q2/18 Q3/18
Baltic Dry 1,578.00 4.00 -0.25% 864 856 847 847
CRB Index 187.20 0.61 0.32% 174 173 171 171
LME Index 3,271.20 0.00 0.00% 3050 2920 2790 2670
S&P GSCI 2,340.26 7.95 0.34% 2126 2105 2083 2083