London, UK – March 6, 2025 – Expana has successfully completed an independent review of its proprietary food ingredient and agricultural commodity price assessment process for a fifth consecutive year. The International Organization of Securities Commissions (IOSCO) review encompassed 90 assessments for the company as a whole (including owned brands Mintec, Urner Barry and Feedinfo) across the agri-food supply chain. Expana achieved 66 Type 2 and 24 Type 1 assurances across its brands.
Expana is a leading agri-food Price Reporting Agency (PRA) and market intelligence company, providing the most IOSCO-assured price assessments in the agricultural markets. IOSCO is recognized as the global standard for PRAs, ensuring governance and integrity in the price assessment process while providing users with reliable benchmark prices. To ensure robust adherence to IOSCO principles, Expana engaged an external auditor to review and report on its compliance to its stated methodology criteria and the requirements of the IOSCO PRA Principles. This review included a comprehensive evaluation of Expana’s documentation and proprietary pricing processes for assessing market prices for food ingredients and agricultural commodities.
“Achieving our fifth IOSCO audit is a testament to Expana’s commitment to excellence in price reporting,” said Spencer Wicks, Chief Executive Officer at Expana. “Our independent and rigorous assessment process continues to provide the agri-food industry with trusted benchmark pricing. With market dynamics evolving rapidly, we are committed to equipping businesses with the trusted pricing and insights they need to adapt, strategize, and drive growth in an increasingly complex landscape.”
About Expana:
At Expana we provide critical market insights that empower our customers to make confident data-driven decisions. As the world’s largest IOSCO assured agrifood PRA, our intelligence spans over 34,000 price series and 1400+ price forecasts, supported by boots- on- the ground fundamental analysis, weather data and in-depth editorial content. We provide full supply chain visibility, helping our customers navigate volatility, optimize margins, and stay ahead of the market.
For more than 200 years, we have built trust and credibility in the market through our deep specialist knowledge and constant innovation. Our intelligence is integral to our customers’ businesses and the entire supply chain. By partnering with Expana you will gain access to market intelligence delivering a more resilient, more transparent and more sustainable supply chain. Learn more at www.expanamarkets.com.