News & Insights
McMarkets: Timing the McRib Reintroduction
Where does the McRib come from? The McRib patty is made from ground and formed pork butts. Pork butts are not the part of the hog that the name might suggest, but well marbled cuts located directly above the front shoulder of the animal. This versatile cut of meat is...
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Dealing in Disruption – Industry Perspectives with Hal Sankey
These experiences give him a unique lens to this COVID-19 environment and its impact on the beef industry. While 9/11, BSE, and the 2008 economic crisis were certainly disruptive, Hal quickly points out that this is the first time both a supply interruption and demand fluctuation are peaking simultaneously....
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Dealing in Disruption – Industry Perspectives with Mike Farrand
Farrand sees this epidemic as stirring up a more fundamental, structural change to the industry. Clues of a ‘new normal’ might reveal themselves across consumer shopping habits or packing plant operational changes. A mix in primal or middle meat demand or slowing line speeds are just two examples of indicators...
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The Beauty of Backtesting in Forecasting
In fact, every forecast will be wrong. The variable is determining how wrong it will be. When a forecasting model lacks validity, it leads to detrimental business decisions, causing more harm than good. That is where backtesting makes a difference With backtesting leading the way to stronger, more accurate forecasts,...
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