Posted 1/17/2016 05:59 (#5041565 - in reply to #5041534) Subject: RE: Basis?
EC North Dakota
I'm saying a buyer sets his price according to how he wants that fire hose to flow and when. If he needs more flow he raises his price. If he wants less flow he lowers his price.
Basis is simply the label for the difference between his price and the market price.