Hedging and Basis in Grain Marketing

Basis in grain marketing refers to the difference between cash and futures prices. Having a solid understanding of it and its seasonal patterns is crucial to any successful marketing plan. Learn the fundamental concepts involved, including hedging, and explore the basis patterns for wheat in various regions of Idaho in this 8-page bulletin. The information focuses on wheat growers, but other producers can also use the concepts and principles for other crops that have an active futures market.