How to Use EMEAT’s Forecasting Tool

Our Basic Forecasting tool for meat cuts includes an intuitive graphical interface that presents meat price forecasts based on historical prices and the Live Cattle and Lean Hogs Futures curve.

✔ Historical Ratios

✔ Futures Prices

✔ Forecast (with historical ratios)

✔ Customizable Forecasts

How our forecast is calculated

Ratios are calculated by dividing the weekly spot price of the sub-primal by the weekly spot price of live cattle or swine.

This Basic Forecast combines the historical ratios with the Live Cattle/Lean Hogs Futures curve to produce price estimates for specific sub-primals.

 

STEP 1: use the Forecasting Tool

Select the "Meat Prices" option in our side menu, and then proceed to the "Historical Prices (Charts)" section, in the protein of your choice.

STEP 2. View Forecast

Select “Weekly” for Frequency and click on the "View Fcst" button to continue.

STEP 3: Historical Ratios & Futures Prices

Then you will be able to see a section with historical ratios and futures prices.

STEP 4: Add custom ratios

To produce the ratios that will be used in the forecast you can select or de-select specific years of data.

STEP 5: Custom ratios selection

Below, you can also enter manually your own projected ratios to generate a custom forecast.