Tuesday, October 21, 2003

Until I am convinced otherwise, I am going to factor a 10-cent “Chicago Autumn Premium” into my calculations. With the CAP, the 0-cent-margin price is $1.42 and the 20-cent-margin price is $1.64. The lowest price in town this morning appears to be $1.52. I predict prices will get down to $1.46 by Thursday, and then there will be a price hike. My prediction was WRONG. In fact, prices dropped from $1.56 to $1.50 on Thursday in Standale.

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