Category: Agribusiness, Meat, & Other Food
The DecisionNext Finished Goods Index Report – August 2023
White Bread Loaf and Hamburger prices are down from last year. Hotdog prices are up. But will world events cause those prices to fluctuate again? Keep tracking fundamental variables to help make sure you don’t get caught off guard. Finished Goods Forecast Indices - August 2022 - August 2023 Figure...
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The DecisionNext Finished Goods Index Report – July 2023
Hotdog vs. Hamburger Deep Dive Taking a closer look at what is driving the unit cost of hamburgers down while driving the unit cost of hot dogs up. The market is currently experiencing record high beef prices causing farmers to rush animals to harvest well below seasonal weights. As a...
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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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