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Both local and national factors can be volatile, making it difficult to predict how their combined influences will affect stumpage prices as a whole over extended periods.What sets one forecast apart from another is the quality of data used to develop it.We’ll keep your information for as long as you have a relationship with us.After it ends we’ll keep it where we may need it for our legitimate purposes e.g.Forecasts, no matter the subject matter, are difficult things to produce.
We will send marketing to you by email and social media and digital channels g) Subject to the appropriate controls, to provide insight and analysis of our customers to business partners either as part of providing products or services, helping us improve products or services, or to assess or to improve the operating of our businessesh) Where we need to share your personal information with people or organisations in order to run our business or comply with any legal and/or regulatory obligations Your information may be transferred and stored in countries outside the European Economic Area (EEA), including some that may not have laws that provide the same level of protection for personal information.
Forest2Market produces a forecast for the Southeast Coastal (SEC) region (Figure 1), for instance, every three months.
Figures 2 and 3 compare actual monthly sawtimber and chip-n-saw prices across two forecasts: one produced 9 months prior to 2013 (March 2012) and the second produced only a month prior to 2013 (December 2012).
As a result, we expect our forecasts to improve consistently over time, becoming more precise and accurate with each new one we produce.
Let’s look at why re-forecasting the numbers on a continuing basis is necessary.