Many look ahead at Northern Illinois Farm Show
DeKALB – Brian Basting compared crop price forecasting to the fortune-telling scene at the beginning of “Wizard of Oz.”
In the film, the character Professor Marvel goes through items in Dorothy’s basket to aid in his phony claim to have seen the future. Basting said that’s comparable to the way different agencies and experts use current farming conditions to predict future prices.
There is no reliable way to predict prices, he said.
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