Data/hora: 02/06/2024 13:01:50

Provedor de dados: | 31
País: | United States
Título: | Predicting the Corn Basis in the Texas Triangle Area
Autores: | Welch,   J. Mark; Mkrtchyan,   Vardan; Power,   Gabriel J.
Data: | 2010-05-28
Ano: | 2009
Palavras-chave: | Basis; Corn; Grain marketing; Texas Triangle Area; Agribusiness; Marketing.
Resumo: | Shifting patterns of corn use as a result of the ethanol boom may be causing basis levels to change across the United States, creating the need for methods to predict basis levels in dynamic conditions. 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 show the new model based on economic fundamentals performs better than basis estimates using a three-year moving average.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

0738-8950

http://purl.umn.edu/90657

Relação: | Journal of Agribusiness&gt;Volume 27, Numbers 1/2, Spring/Fall 2009
Formato: | 15