Cash - Futures Price Relationships: Guides To Corn Marketing
This study analyzes the role of futures markets in corn marketing decisions. Besides price discovery and price-risk management, hedging in the futures market facilitates a return to corn storage. First, the seasonality in corn marketings and prices is examined. Second, the seasonality of the difference between cash and futures prices, the basis, is analyzed. Understanding the basis is important because it is a useful guide for decisions on corn storage and sale. Finally, several corn marketing strategies are developed and analyzed. Cash corn prices at Clarkfield, Minnesota, and futures prices on the Chicago Board of Trade are used in the analysis.
|Date of creation:||1993|
|Contact details of provider:|| Postal: 231ClaOff Building, 1994 Buford Avenue, St. Paul, MN 55108-6040|
Phone: (612) 625-1222
Fax: (612) 625-6245
Web page: http://www.apec.umn.edu
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Stanley C. Stevens, 1991. "Evidence for a weather persistence effect on the corn, wheat, and soybean growing season price dynamics," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 11(1), pages 81-88, 02.
When requesting a correction, please mention this item's handle: RePEc:ags:umaesp:14274. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.