Category: Agribusiness, Meat, & Other Food
Meat Buying During a Black Swan Event: Two Approaches to Holiday Bone-In Ribs
Read More »Market Forecasting: how to do it, consume it, make it useful, and make it repeatable
How to do it 1. You want a simple model Simplicity is important. We are talking mathematical models to predict the future. And it is very tempting when building these models to add as many explanatory variables as you can to reduce model error. But that is the sort...
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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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