Posted by: usset001 | January 6, 2009

Can you predict the price of corn?

The Dec’09 corn futures contract closed today at just above the $4.70 mark. According to research on the topic, futures markets offer an “unbiased” view of prices in the future (i.e., the forecast is as likely to be too high as too low). Where do you think prices will be in six months? Here’s your chance to vote and unlike the Minnesota senate race, there will be no recounts.


Responses

  1. Ed

    I think if you changed they poll to where will corn trade at between now and June you could easily see a poll where everyone ends up being right; as it looks to be very up and down out there. Look at wheat the past two days.


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