Death comes to us all. Life's but a walking shadow | Assuming the two lines you drew on the Nov16 soybean chart represent the trends of the highs & lows they extrapolate out to $8.90 in mid- July. I suspect that your assumption implies all 95 MMT of Brazil's soys get harvested and all 83 million acres of US soys get planted.
A simple linear trend suggest that the price in mid-July might be a little lower at $8.80.
For what it's worth.
Edited by 1234 2/27/2016 15:17
 (Nov16 soys extrapolated-page-001 (2).jpg)
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