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2. The purdue center for commercial agriculture crop basis tool
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Thompson, Nathanael M. (author), Mintert, James R. (author), and Isleib, James (author)
- Format:
- Journal article
- Publication Date:
- 2019-08
- Published:
- United States: Extension Journal, Inc.
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 203 Document Number: D12330
- Journal Title:
- Journal of Extension
- Journal Title Details:
- v. 57, n. 4
- Notes:
- 5 pages, The Purdue Center for Commercial Agriculture Crop Basis Tool is an open-access web-based tool that provides members of the grain industry with access to weekly historical and contemporaneous corn and soybean basis data for local market regions in the eastern Corn Belt. Previously unavailable to most producers in the region, the information the Crop Basis Tool provides has the potential to greatly improve producers' marketing risk management decisions through improved basis forecasts. In addition, there are a myriad of opportunities for Extension personnel to incorporate the Crop Basis Tool in their marketing risk management education and outlook programming.