Crossword Genius

Porters losing even the elderly forecast (8)

Ross

I believe the answer is:

presaged

I'm a little stuck... Click here to teach me more about this clue!

'forecast' is the definition.
(I've seen this in another clue)

'porters losing even the elderly' is the wordplay.
I cannot quite see how this works, but
'elderly' could be 'aged' (synonyms) and 'aged' is found in the answer.
The remaining letters 'pres' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for presaged that I've seen before include "predicted" , "Forecast" , "Foreseen" , "Foreshadowed, was an advance sign of" , "Foresaw - red pages (anag)" .)

I've seen this clue in the Sydney Morning Herald.
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