Which will be more expensive OJ vs Coffee
Description
Both coffee and orange juice supply is influenced heavily by seasonal weather patterns and the occasional surprise hurricane or drought. At the close of futures trading on May 23, 2017 for their respective September 2017 contracts, coffee was $132.60 for 37,500 lbs (1 contract unit) whilst OJ was $134.15 per 15,000 lbs (1 contract unit).
Decision Logic
Which will be higher in price per September contract unit on August 18, 2017? "Yes" if coffee (KCU7) is higher in price or "no" if OJ (OJU7) is higher in price. The futures contract prices on August 18 at the close as listed on the CME and ICE futures exchanges will determine the outcome.
8:09PM, May 23, 2017 UTC
9:00PM, Aug 4, 2017 UTC
10:00PM, Aug 18, 2017 UTC
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