Forecasting Crop Basis Using Historical Averages Supplemented with Current Market Information

Forecasting Crop Basis Using Historical Averages Supplemented with Current Market Information

This research compares practical methods of forecasting basis, using current market information for wheat, soybeans, corn, and milo (grain sorghum) in Kansas. Though generally not statistically superior, an historical one-year average was optimal for corn, milo, and soybean harvest and post-harvest...

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Bibliographic Details
Main Authors: Mykel R. Taylor, Kevin C. Dhuyvetter, Terry L. Kastens
Format: Article
Language:English
Published: Western Agricultural Economics Association 2006-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
basis forecast
crop basis
current information
na•ve forecast
Online Access:https://ageconsearch.umn.edu/record/8625

Internet

https://ageconsearch.umn.edu/record/8625

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