WebSep 15, 2024 · Basis is simply the difference between local cash prices and the futures price at the CME. To start your analysis, collect basis for each of your delivery locations at least once a week. “Over... WebWhat Is Grain Marketing Basis? Local buyers, such as grain elevators or feed yards, set the current cash price for grain in that area’s market. But futures prices tend to be …
Learn about Basis: Grains - CME Group
Webgrain basis. This is so because most of the moisture meters can only measure the grain moisture content accurately in percentage moisture on wet grain basis. Mathematically, A can be expressed as : or Calculation of moisture reduction or weight of water removed from grain is one of the many WebDec 26, 2024 · The objective of this fact sheet is to explain how and why grain test weight is used in the grain market, and how producers can ensure acceptable test weights from their crop production program. Bushel is a volume measurement for grain created many years ago by Celtic peoples (Scotland, Wales, Brittany, Ireland) to facilitate fair grain … c# if null use other value
The Basics of Grain Basis Trading
WebJun 21, 2024 · New-crop grain sales before harvest are made using cash forward contracts, which are just signed paper agreements between a grain seller, who promises to deliver a specific quantity and type of grain, and a grain buyer, … WebFall (September – October) Your hard work and preparation paid off, and it’s time to harvest your grain. Harvest time means long days in the fields and extra attention to equipment … WebGrain Basis is a straightforward software program developed by farmers for farmers. We allow you, the producer, to make better decisions about how to bring your crop to market. … dhat rockwall