Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.
November 20, 2020
Importance of Crop Basis When Marketing Grain
by Nathanael Thompson and James Mintert
In this short video learn about how an improved understanding of basis, the relationship between cash and futures market prices, can help you become a better grain marketer. During the video you’ll learn how to use the Purdue Center for Commercial Agriculture’s Crop Basis Tool to track historical basis patterns in your area as well as keep up with weekly regional changes in corn and soybean basis. The Crop Basis Tool, which is updated weekly, provides access to historical and contemporaneous corn and soybean basis data for crop reporting districts in Indiana, Illinois, Ohio, and Michigan.
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Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.
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