AgTalk Home
AgTalk Home
Search Forums | Classifieds (115) | Skins | Language
You are logged in as a guest. ( logon | register )

Why a Basis?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
milofarmer1
Posted 11/12/2018 20:17 (#7102187 - in reply to #7100853)
Subject: RE: Why a Basis?



Texas/New Mexico Stateline
Futures price is a worldwide index for the value the product. You might think of it as a worldwide average.

Basis reflects local demand for that said product.


Our basis for corn is strong here because there is not very much supply, and we have to ship it in. The midwest has plenty of supply so weaker demand.



Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)