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Ottawa, Illinois | 1. Inflation or deflation...we still will be in a similar position and won't decide which way we are going. The economy will not crash nor will we see hyperinflation. Joe Biden will call the economy a success, but the recession will continue.
2. Republicans will make big gains in the election. There will be some big losses for the demcorats. Harry Reid will be out as Senate Majority Leader, but Republicans will not take a majority in either House or Senate.
3. Obama will have an actual scandal that deserves further investigation. It will have to be really bad for the media to find it worthy of further investigation or Obama will finally lose his glow.
4. Unemployment will remain high. Joe Biden will call their stimulus a success,
5. Corn supplies will hit a low and there will be some opportunities in Illinois for those who have farm storage in july and August. The challenge will be to have #2 YC. The stuff most people have in the bins will rot if stored too long. 44 pound test wieght will see its effect.
Sarah Palin will still fail to gain respect in the Mainstream Media.
Iran will continue to be a none event. People will talk but no one will touch them.
YC and YSB acrage will not change. There wasn't less YC acres last year with high priced fertilizer. It wont change much this year.
Funds will continue to get back into the corn market and we will see more volatility again, which I don't think is a bad thing. Corn will be tied to oil once again.
Oil will see a low of $75 and a high of $95.
Edited by captplaid 12/29/2009 08:22
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Make your five predictions for 2010
