Frequently asked questions
Questions we are often asked about BLOOMCAST.
FAQ
Questions and answers
What is BLOOMCAST?
BLOOMCAST is a price forecasting service for flowers and farm produce built by MomentCube. It learns from real auction, wholesale and import prices, adds satellite views of growing regions, weather and the demand calendar, and forecasts each item 1 week and 1 month ahead with an 80% range.
Can satellites tell you flower prices?
Only partly, and we say so. Most export flowers grow in greenhouses, so for flowers the demand calendar, recent price movement and sunlight and temperature in the growing region are stronger signals. Satellites are used for open-field crops. For each item we compare backtests with and without the satellite signal and keep it only when error falls by 1% or more. Both numbers are shown on the item screen.
How accurate is it?
It depends on the item and horizon. The accuracy screen publishes backtest error for every item next to the “price stays the same” baseline. One-month forecasts for volatile fresh vegetables are hard; around holidays, the direction of flower prices is easier to call than the level.
Can it learn from our own purchase prices?
Yes. On the Enterprise plan we build a dedicated model that uses your own purchase or auction records as the ground truth.
Which items are covered?
57 items in four markets: Korean flower auction, global flower import prices, Korean produce wholesale and global agricultural commodities. Enterprise customers can add items and growing regions.
Is this investment advice?
No. Forecasts are statistical estimates shown with a range. Use them together with your own judgement.
Where do the accuracy figures come from?
Rolling backtests. At each past date we re-forecast with only the data known then and compare with the price that followed. The baseline is “the price stays where it is”.
What is the 80% range?
A range built from the distribution of past errors, so that roughly eight times out of ten the actual price falls inside it. It is not a guess.
How often is it updated?
On the demo, data is pulled and forecasts recalculated about every six hours. Monthly statistics are published with a lag.
Which data do you use?
aT flower auction, KAMIS Garak wholesale, UN Comtrade, World Bank Pink Sheet, Sentinel-2 and WorldCover, MODIS, ERA5 / Open-Meteo and ECB exchange rates.
How much does it cost?
Starter KRW 99,000/month, Pro KRW 490,000/month, Enterprise by agreement.
Who makes it?
MomentCube Co., Ltd., an industrial AI company in Incheon, Korea.
Get started
Tell us the items you trade.
We reply with a trial forecast for those items, shown next to the simple “price stays the same” baseline, so you can judge it on your own numbers.