Forecasting the Basis for Corn in Western New York

This study develops a simple model to forecast the basis for corn in a specific region. Improved forecasts can improve hedging decisions. Basis behavior, however, depends on explanatory variables that are themselves difficult to forecast with precision. Thi limits the u efulness of the ba is model , but it doe offer some benefit over naive foreca ts.


Issue Date:
1984-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/159266
Published in:
Journal of the Northeastern Agricultural Economics Council, Volume 13, Number 1
Journal of the Northeastern Agricultural Economics Council
Page range:
97-102
Total Pages:
6




 Record created 2017-04-01, last modified 2017-05-04

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