Mintec, the leading global provider of pricing data and intelligence for the agrifood industry, is pleased to announce the release of Mintec Analytics 4.5, featuring the addition of Cost Model Forecasts. This latest release extends the platform’s capabilities, ensuring users have greater visibility and control over the impact of future price changes that will affect the costs of the products they buy, sell, and use. The addition of this capability revolutionizes how businesses navigate the impact of future market volatility on their costs, offering unparalleled precision in predicting and adapting their strategy to raw material price fluctuations.

“Cost Model Forecasts empowers businesses with greater accuracy in predicting prices changes to finished product SKUs that drive profitability and preserve competitiveness,” said Spencer Wicks, CEO of Mintec. “This release emphasizes Mintec’s continued commitment to creating price visibility for our customers.”