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Posted 2/27/2016 16:24 (#5141233 - in reply to #5141190)
Subject: RE:The problem with predicting the future is ...



Death comes to us all. Life's but a walking shadow
The problem with predicting the future is: " you don't know what will happen." I'm just saying that if the major parameters, Brazil's (South American) production and our planted acres (83 million) are priced into the market (along with all the other macroeconomic factors) then maybe, just maybe the market thinks that $8.80 to $8.90 is the current thinking for new crop.
Does anyone know if we're ahead or behind for soybean grind? I think exports are pretty much as predicted but I haven't really checked.
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