News & Publications
February 15, 2022 |
Price Prediction Futility
One day in the soybean market proves price prediction futility
How a strategy built on discipline and managing a position can turn market uncertainty into opportunity.
In this industry, whether as economists, brokers, or consultants, we are constantly presented with some version of the question, “where is the market going?” Price prediction is a risky business. As reflected by the sharp increase in volatility in soybean futures this past week, the wide array of factors that simultaneously affect the markets seems to make predicting day-to-day price movement impossible…
