Predicting the Corn Basis in the Texas Triangle Area

This study develops a new and straightforward economic model of basis forecasting that outperforms the simple three-year average method suggested in much of the literature. We use monthly data of the corn basis in the Texas Triangle Area from February 1997 to July 2008. The results and the graphs indicate that the new model based on economic fundamentals performs better than basis estimates using a three-year moving average.


Keywords:
Issue Date:
Jan 15 2009
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/46759
Total Pages:
22




 Record created 2017-04-01, last modified 2017-08-25

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)