Corn and Soybean Basis Dynamics in the Mid-South
Author | : Delia Barrett |
Publisher | : |
Total Pages | : 55 |
Release | : 2021 |
ISBN-10 | : OCLC:1333449764 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Corn and Soybean Basis Dynamics in the Mid-South written by Delia Barrett and published by . This book was released on 2021 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arkansas, Louisiana, Mississippi, and Tennessee all border the Mississippi River, a primary shipping channel in the United States. These Mid-South states serve as a southern agricultural hub in terms of corn and soybean production. The Mid-South is a prime location for merchandisers to take advantage of the Mississippi River in addition to a vast connection of railway systems and interstates for moving grain. The main objective of this study is to analyze local basis for selling locations in the Mid-South and connect basis movements with transportation flows to understand grain basis dynamics in the Mid-South better. An empirical analysis shows the nearby futures months have the greatest effect on both corn and soybean basis dynamics in the Mid-South. Farmers and merchandisers can take the results to better understand how changes in basis patterns can impact producer revenue and how to benefit from those changes.