Importance of Crop Basis When Marketing Grain

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.