HOUSTON, TEXAS, US — Energy and commodity price reporting agency Argus has acquired Mercaris, a provider of sustainable agriculture prices and analytics in the United States, accelerating the development of Argus’ agriculture pricing and analytics in the Americas while providing opportunities in biofuels and other agricultural inputs. Terms of the transaction were not disclosed.

Mercaris’ agricultural price assessments, analytics and forecasts cover organic corn, soybeans, soybean meal, wheat and other small grains, plus non-GMO corn and soybeans, as well as organic dairy markets. Its price assessments for cash crops of organic soybeans and corn adhere to the IOSCO Principles for Price Reporting Agencies and are used as the basis for physical and over-the-counter options contracts.

Besides price assessments, Silver Spring, Maryland, US-based Mercaris provides acreage estimates, supply/demand analysis, and facilities density mapping to customers across the agriculture supply chain in the United States. These include farmers, processors and retailers alongside government entities, financial and agricultural inputs companies.   

“We are pleased to further expand Argus agriculture capabilities in the Americas,” said Adrian Binks, chairman and chief executive officer of Argus Media. “The development of sustainable agriculture is critical as the world embraces the transition to net zero. The integration of Mercaris into Argus will allow us to scale our offering and provide valuable new market transparency.”

Headquartered in London, England, Argus is an independent media organization with 29 offices in the world’s principal commodity trading and production centers. Argus produces price assessments and analysis of international energy and other commodity markets and offers custom consulting services and industry conferences.