Using Basis and Futures Prices as a Barometer in Deciding Whether to Store Grain or Not
The purpose of this paper is to determine the importance of the strength and weakness of basis and futures prices as barometers for producers to use in deciding whether to store or not. Basis is the single most important market signal for wheat producers to use when deciding whether to store or sell their wheat at harvest. While some models indicated low futures prices were a signal to store, results were fragile and inconsistent.
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Journal of Agricultural and Applied Economics,
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- repec:ags:joaaec:v:34:y:2002:i:3:p:459-476 is not listed on IDEAS
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- Seamon, V. Frederick & Kahl, Kandice H. & Curtis, Charles E., Jr., 2001. "Regional And Seasonal Differences In The Cotton Basis," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 19(2).
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