Livestock Basis
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Date
1999-06-23
Journal Title
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Abstract
Knowledge of historical basis patterns can be useful when estimating expected sale or purchase prices at the conclusion of a futures or options hedge, when evaluating a current cash market quote, and when forecasting cash prices. This publication explains how livestock basis is computed, outlines an approach to developing a history of local basis levels, and discusses how historical basis data can be used to forecast basis.
Description
4 pp., 1 table
Keywords
Agribusiness, Livestock