So I went to Sports Authority last week to look at softballs for our upcoming season and the price has skyrocketed from like $4.99 (last year) to $7.99 per ball! WTH happened? I plan to buy a box of a dozen of them somehwhere but nearly $8.00 per ball seems pretty outlandish to me. It is the same ball too, not like they are different in any way, shape or form. Anyone have suggestions for a fellow Fanatic?
The price of slow-pitch softballs
- Thread starter mike4cy
- Start date
Supply is down. The weather in Equatorial Guinea where the balls are grown was not conducive to good yields.
This, plus add in the political unrest that the area has expierienced lately causing strain on import exports. It looks like until we see a switch in power we will be paying nearly double on balls throughout the summer. Quick look at the futures market is showing even higher prices as we move into fall.
It's the price you have to pay. Hang in there...somebody will likely help you out. Bump the thread if you have too...
PM me I can get you in contact with someone who refurbishes found softballs and are much cheaper some are almost like new.
Sounds like someone needs some cheap high quality softballs.
I hope this true since I have a lot of lettuce invested in the softball futures market. However, I believe in diversification so I've also got some money in field hockey sticks.
a nice strategy you could take to protect yourself against softball futures prices is to buy a put option so you can short the underlying futures price and offset the risen prices
This. In the past couple years, December has seen a high price range. This is mostly due to the weather being cyclical. During cyclical periods, such as this year, softball activity is increased in the summer and decreased in the winter.
Inconsistencies appear in your typical supply/demand chart.
With this model, and a few calculations, it appears you should have gotten your best price point on March 14th. It appears if you hold out until mid July (preferably July 18th) prices should see a steady drop that week.
PM me if you need any more calculations, I should be able to get you close to exact prices day over day.
I recommend buying for the long term. In 30 years you will get allot of your investment.
You may not even need to retire.
You may not even need to retire.
PM me I can get you in contact with someone who refurbishes found softballs and are much cheaper some are almost like new.
