Posted 7/20/2010 21:27 (#1281385 - in reply to #1280737) Subject: Re: Beginning Farmer ?
Central NE
Pofarmer - 7/20/2010 09:37 "Is the basis the mills markup?" No. Basis is the difference between the Cash price and the Futures price.
Isn't that was what we call the "carry" and not the basis ? Basis being simply the difference between what your local buyer is paying vs. what the Board of Trade price is.
Beginning Farmer ?
