Category: Uncategorized
The DecisionNext Finished Goods Index Report – May 2023
Are you tired of constantly monitoring the prices of various inputs and wrangling spreadsheets just to track the unit cost of your finished goods? Look no further than the DecisionNext Finished Goods Index Report. This monthly report features index-style reporting for three common menu items: hamburger, white bread loaf, and...
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Unlock Crop Price Forecasting
Crop price forecasting is a critical tool for farmers, traders, and other market participants to make informed decisions about buying, selling, and hedging crops. Machine Learning (ML) forecasting methodologies are being used to provide accurate and reliable crop price predictions. But what exactly is ML, and how does it improve...
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The Challenging Environment of Retail Ad Planning
Today, there is a lot more riding on the ability to effectively execute in retail ad planning. For example, the years since the Covid pandemic have seen the average price of a cut of beef rise dramatically while consumer preferences have changed, making ad planning harder and raising the stakes...
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Why are you still using cattle prices to forecast graded beef cuts?
“What’s been going on with the beef price forecast?” Sound familiar? Since COVID, pricing models at the cut level don’t seem to work anymore. We know why and we know how to restore accuracy to cut level beef price forecasting. Standard beef cut ratios to cattle price just don’t hold...
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February – Hamburger Index
The 2023 Q1 DecisionNext Hamburger index is 106.5, meaning that the aggregated input costs for a ¼ lb hamburger is expected to be 6.5% higher in Q1 of 2023 than in Q4 of 2022, for a cost of $.65 per unit. This 6.5% increase in input costs for a standard...
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