Part of the fallout of the recent terrorist futures market hoohah is the sudden conventional wisdom that the orange juice futures market is a better predictor of weather than is the National Weather Service. Anyone know any details about this? Or are we comparing apples and oranges, futures market predicting Florida frost in February and NWS predicting frost in Winter Haven on February 3rd and there’s frost in Lakeland on the 4th instead, thus the futures market was right and the NWS wrong?
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