When it comes to marketing a crop, you must deal not only with the risk associated with changes in the futures price but also with changes in your local basis (difference between a current futures price and your local cash price).
In today’s volatile environment, basis will often change dramatically throughout the marketing season. When and how you set your basis can make a big difference to your bottom line. That is why we give basis and cash marketing in general a great deal of attention.
We have tracked basis throughout the Mid South since 1985. It is important that you know what is going on in your local cash markets. We will see that you do.