First day of summer!
Wednesday 21 Jun 2006 | Posted By Ed Aboufadel | Predictions
Good morning, and welcome to the first day of summer. It appears that wholesale prices have been pretty constant the past several days, and we are dipping down towards the 0-cent margin price, so a price hike should be in the works for today or tomorrow. Using the HU/RB average to estimate the wholesale price, I would peg the new price to be in the neighborhood of $2.83. Two hours after my prediction, $2.85 started showing up everywhere. So the prediction was CORRECT, but was it useful?



















