Basis is one of the most important relationships to understand in grain and oilseed marketing. As a price relationship between local cash and futures prices, basis provides a clue on when to sell and when to wait; whether and when to forward price; or simply whether to accept or reject a particular price offering on a given day.
|Organization||University of Delaware Cooperative Extension|
|Publisher||University of Delaware|
|Publication Date||September, 2007|
|Material Type||Written Material|