System and method for predicting future prices of a cut meat

摘要

A system and method for determining a future price of a selected meat cut type (MCT) of an animal for a selected future time period (FTP) including: receiving the selected MCT; storing said selected MCT in a memory; using a price model configured for determining said future price of said selected MCT for the selected FTP, said future price based on one or more defined risk levels, historical market price of said selected MCT for one or more time periods prior to said selected FTP, and live animal futures defining a price of the live animal traded as a commodity; determining via the model the future price of the selected MCT for the selected FTP, a price premium for the selected MCT for the selected FTP, and a hedge relationship defining the relative price of the live animal futures with said future price for the selected FTP; and sending the future price and the price premium for the selected MCT for the selected FTP for presentation on a user interface.