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I love the guessing game.
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Honkytonkman
Posted 8/22/2017 13:51 (#6203290)
Subject: I love the guessing game.


Play along if you choose good buddies. Dec 31 board price will be.
C-3.25
B-8.40
Write it down, your thoughts.
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Conan the Farmer
Posted 8/22/2017 14:12 (#6203320 - in reply to #6203290)
Subject: Wisdom of Crowds!



South Central Iowa
If everyone puts his guess out, maybe we can get a close number. The theory behind the gumball video below is called "The Wisdom of Crowds". It is a play off McKay's famous book The Madness of Crowds. McKay used market manias as support for the idea of the herd mentality and ability to manipulate groups of people. Wisdom argued that people collectively have greater intelligence than any individual part. Both are very relevant and maybe we can use them to test the theory and idea.


So don't criticize anyone's guess. Just state your own and we can average it! And be realistic and say what you really think, don't copy other numbers just to sound within a range and don't throw out some smart aleck number.

Mine:

Corn $4.30 and Soy $11.40

Edited by Conan the Farmer 8/22/2017 14:17
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johnwayne360
Posted 8/22/2017 14:18 (#6203333 - in reply to #6203320)
Subject: RE: Wisdom of Crowds!


near dyersville iowa
Ok I can't find a video link. Curious about it.
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Conan the Farmer
Posted 8/22/2017 14:20 (#6203336 - in reply to #6203333)
Subject: RE: Wisdom of Crowds!



South Central Iowa
User Darb posted the video

https://talk.newagtalk.com/forums/thread-view.asp?tid=726913&mid=620...
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johnwayne360
Posted 8/23/2017 06:12 (#6204735 - in reply to #6203336)
Subject: RE: Wisdom of Crowds!


near dyersville iowa
ill go 4.55. but it will only be for less than ten minutes.

i dont raise beans. so my guess will be the outlier. 11.05
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AdamsIL
Posted 8/22/2017 14:30 (#6203349 - in reply to #6203290)
Subject: RE: I love the guessing game.


Western Illinois
C- $3.95. *Edit to be Futures not cash corn.
B -$10.00

100% guess.

Hope I'm wrong on the corn and right on the beans. Plan to sell all corn off the combine that I don't have my own storage for and purchase July near the money calls. Usually close to or less than what it will cost to store commercially until then. I won't own a bean if they hit $10. Will consider call option at time of cash sale if price reasonable.

Edited by AdamsIL 8/22/2017 15:50
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Jon Gruden
Posted 8/22/2017 14:34 (#6203353 - in reply to #6203290)
Subject: RE: I love the guessing game.


Chapel Hill NC
4.12

10.22
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Cornstalk1
Posted 8/22/2017 14:34 (#6203357 - in reply to #6203290)
Subject: RE: I love the guessing game.


Midwest
OK Dec corn had a low last August then rebounded back. The same contract went back to that seasonal August low today. Now that the technical spec traders (known as the funds) are happy all the technical prophesies have been fulfilled we can get back to business and have the fall rally. Now for the question of Dec prices. Cash Corn will be in the $3.45 range.

Edited by Cornstalk1 8/22/2017 16:07
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Conan the Farmer
Posted 8/22/2017 14:42 (#6203368 - in reply to #6203357)
Subject: RE: I love the guessing game.



South Central Iowa
Futures! Not your cash. What is your futures bean and corn price?
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arthur
Posted 8/22/2017 14:47 (#6203377 - in reply to #6203368)
Subject: RE: I love the guessing game.


northeast iowa
4.20
10.80
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Cornstalk1
Posted 8/22/2017 16:06 (#6203507 - in reply to #6203368)
Subject: RE: I love the guessing game.


Midwest
$3.70 will be futures getting that will be like the mouse swinging its tail over a trap.
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YoungGun21
Posted 8/22/2017 14:48 (#6203378 - in reply to #6203290)
Subject: RE: I love the guessing game.


Central Iowa
3.91 corn. 9.86 beans
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IN555
Posted 8/22/2017 14:50 (#6203381 - in reply to #6203290)
Subject: RE: I love the guessing game.


NW Indiana
3.96
10.19
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mjl
Posted 8/22/2017 14:55 (#6203388 - in reply to #6203290)
Subject: RE: I love the guessing game.


MN
3.80

9.80

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Bengal Stripes
Posted 8/22/2017 14:56 (#6203389 - in reply to #6203290)
Subject: RE: I love the guessing game.



3.40
8.00
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frank l
Posted 8/22/2017 15:00 (#6203395 - in reply to #6203290)
Subject: RE: I love the guessing game.


nc nebraska butte
398 ,1048
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Yeti
Posted 8/22/2017 15:08 (#6203409 - in reply to #6203290)
Subject: RE: I love the guessing game.


NW Wisconsin
Corn $4.32
Soybeans $10.11



Edited by Yeti 8/22/2017 15:08
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bpreuss
Posted 8/22/2017 15:10 (#6203412 - in reply to #6203290)
Subject: RE: I love the guessing game.


MN
4.18
10.38
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Itchy
Posted 8/22/2017 15:31 (#6203443 - in reply to #6203290)
Subject: RE: C-$2.99, B-$8.19


SW Iowa
$
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ironbob
Posted 8/22/2017 15:45 (#6203471 - in reply to #6203290)
Subject: RE: I love the guessing game.



scil
$4.05
$9.85
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praire dog
Posted 8/22/2017 15:49 (#6203476 - in reply to #6203290)
Subject: RE: I love the guessing game.


West Central Ill.
C 3.60. B 9.70
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agmo
Posted 8/22/2017 16:12 (#6203514 - in reply to #6203290)
Subject: RE: I love the guessing game.


Eastern Audrain co.
3.99
997
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CATTRAX
Posted 8/22/2017 16:18 (#6203521 - in reply to #6203290)
Subject: RE: I love the guessing game.


Northwest Il.
Corn 4.17 Beans 11.00+. I've got a bad feeling on the later beans. Second month in a row here in northwest Illinois with extreme low temps at night(50s overnight for 3-7 days at a time). I'm not wishing frost on anyone but if this happens again in September I don't think those lows will be up in the 50's. This crop is far from in the bin. I hope I'm wrong.
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Bigalbert2332
Posted 8/22/2017 16:20 (#6203527 - in reply to #6203290)
Subject: RE: I love the guessing game.


3.57
8.55
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Wenvrseenthathapnb4
Posted 8/22/2017 16:26 (#6203540 - in reply to #6203290)
Subject: RE: I love the guessing game.


NWMO
C. 3.75
B 9.25
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JUST LEARNING
Posted 8/22/2017 16:30 (#6203542 - in reply to #6203290)
Subject: RE: I love the guessing game.


KS and NE in eastern 3rd
375 and 980
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ricefarmer14
Posted 8/22/2017 17:05 (#6203588 - in reply to #6203290)
Subject: RE: I love the guessing game.


East Arkansas
Corn 4.40 beans 10.90
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dmswil
Posted 8/22/2017 17:15 (#6203602 - in reply to #6203588)
Subject: RE: I love the guessing game.



mascoutah, IL
Corn 4.49
Beans 11.50
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Cornhusker89
Posted 8/22/2017 17:22 (#6203608 - in reply to #6203290)
Subject: RE: I love the guessing game.


E Central NE
4.10

10.40
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Clay SEIA
Posted 8/22/2017 17:26 (#6203613 - in reply to #6203290)
Subject: RE: I love the guessing game.



$4.69

$11.44

NAT crying in your Cheerios index is too high at the moment, I'm going to use prices higher than what most can think of... 

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koehnfarms
Posted 8/22/2017 18:05 (#6203665 - in reply to #6203613)
Subject: RE: I love the guessing game.


Lewisville, Ar
+1

C 4.56
B 10.60
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RF1
Posted 8/22/2017 17:30 (#6203620 - in reply to #6203290)
Subject: RE: I love the guessing game.


SC Ont.
corn 4.09
soys 10.68
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zmracing
Posted 8/22/2017 19:36 (#6203879 - in reply to #6203290)
Subject: RE: I love the guessing game.


west central MN

Corn $3.65
Beans $9.30

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Tim in WI
Posted 8/22/2017 20:23 (#6204031 - in reply to #6203290)
Subject: RE: I love the guessing game.



Embarrass WI
Corn $3.75
Beans $9.60
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Buddy Man
Posted 8/22/2017 23:48 (#6204609 - in reply to #6203290)
Subject: RE: I love the guessing game.


Dawn, Missouri
Corn $4.40

Soybeans $11.30 if no frost - $13.80 if wet or frost
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