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EC IL | Appreciate the input in advance.
For the sake of this little "guess fest" we'll assume the following.
1. Production. "Average", no disasters, no records either. Just a "flat" number (worldwide).
2. Inputs for corn and soys stay where they are now.
3. Use CZ and SX for your price guess. Basis is too crazy to use a off the combine price.
4. Oct 1st price
Plenty of scenarios that could play out but for the sake of this post, the above is what we go with.
My guesses. Hope I'm way too cheap!
Oct 1-15 Corn $3.25
Oct 1-15 Soys $7.70
Fire away!
Edited by JLSam 11/23/2014 20:25
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