Category: Uncategorized
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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5 Questions with Raven Kropf, President of Teys USA
As a longtime leader in the protein industry, Raven is in the perfect position to drive Teys USA into its next phase of growth in the U.S. We recently caught up with her for this month’s 5 Questions. 1.) Tell us a little bit about your background and what interested...
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The Importance of AI Forecasting in Commodity Industries
Key takeaways: Globally, commodity markets are experiencing unprecedented market swings, and the traditional forecast models are broken Industries have been slow to adopt cutting-edge technology to improve forecasting decision support With DecisionNext, decision makers now have access to the AI tools they need to make smart, defensible decisions Price volatility...
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5 Questions with Karsten Sommer, Mining and Natural Resource Expert
When it comes to supply chain management, integrated business planning, and the need for digital transformation in the mining industry, few people know more than Wolfram. DecisionNext was lucky enough to tap into his wealth of knowledge recently, and we chatted about industry challenges, the future, and AI. 1.) With...
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Annual Meat Conference Nashville, 2024: Recap
The DecisionNext team just came back from an energizing trip to the Annual Meat Conference in Nashville. We met with leaders from all corners of the food and ag industry, and were inspired to see how Artificial Intelligence came to the forefront in many of the presentations and discussions. It...
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