November 20, 2020
Forecasting Corn & Soybean Basis
by Nathanael Thompson and James Mintert
One of the keys to improving your corn and soybean marketing skills is learning how to forecast basis. In this video you’ll learn how to use the Purdue Center for Commercial Agriculture’s Crop Basis Tool to help you generate corn and soybean basis forecasts for your local market region. Research results focused on identifying the optimal moving average forecasting techniques (e.g., 2- vs. 3-year moving averages of basis in your market region) for corn and soybean basis are shared in the video. Additionally, Purdue ag economists Nathan Thompson and James Mintert discuss how to modify your local basis forecasts based on recent basis data for various forecast horizons.
TEAM LINKS:
PART OF A SERIES:
RELATED RESOURCES
UPCOMING EVENTS
December 1 & 8, 2025
Join Purdue Extension for a two-part workshop designed to help you gain a clearer understanding of tax planning essentials. The first session on December 1 will focus on the fundamentals of farm taxes, with particular emphasis on strategies that can be used in a low net income year. The second session on December 8 will focus on key tax strategies and will allow plenty of time for questions. Registration cost is only $20.
Read MoreDecember 15, 2025
This program provides in-depth coverage of agricultural and farm tax issues. In addition to covering timely tax issues, we will cover disaster tax issues, depreciation and expensing farm assets, retirement planning for farms, and tax planning in low-income years. This year’s webinar will be co-taught by a team from Ohio State and Purdue Universities.
Read MoreJanuary 27 or 28, 2026
Farm Shield is more than a conference, it’s a commitment to helping agricultural families build resilience and plan for a secure future. Don’t miss this opportunity to protect your legacy!
Read More