Category: Agribusiness, Meat, & Other Food
Conventional Wisdom May Be Costing You
It’s no secret that our business runs in cycles—and that’s especially true at the wholesale level. We’ve all learned to ride the waves of the seasons. For example, Easter hams boost formula pork sales in November, while Fourth of July cookouts lead to formula ground beef bookings in May and...
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DecisionNext Announces New Agriculture Customer in Australia, Kilcoy Global Foods
SAN FRANCISCO - August 1, 2024 - DecisionNext, the leading AI platform that enables companies to optimize the buying or selling of commodities at the best possible time and price, today announced a new agriculture customer in Australia, Kilcoy Global Foods. The addition of the multi-award-winning global food solutions provider as...
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DecisionNext Welcomes Retail Industry Veteran Gavin Gallagher to its Board of Directors
SAN FRANCISCO - July 23, 2024 - DecisionNext, the leading AI platform that enables companies to optimize the buying or selling of commodities at the best possible time and price, today announced the addition of Gavin Gallagher to its Board of Directors. His technology and grocery industry expertise will be...
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Is There a Slowdown in the U.S. Crop Yield Growth?
Recent research by DecisionNext Head Economist David Boussios highlights a critical issue in the agricultural sector: the deceleration of U.S. crop yield growth. Since World War II, new technology and better farming practices have increased the efficiency of crop production by leaps and bounds. For example, U.S. corn yields per...
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Why You Can No Longer Count on Domestic Lean Points as a Sole Indicator
The U.S. is currently facing a shortage of lean trim. This limited supply is driving prices up, and as of July 1, 2024, fresh 90% lean trim is trading at record highs at over 370/cwt (Fig. 1). Figure 1 - Fresh 90% Beef Trim, price history 2020 - 2024 Two...
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