Forecasting the Basis for Corn in Western New York

Patricia D. Taylor and William G. Tomek

Journal of the Northeastern Agricultural Economics Council, 1984, vol. 13, issue 01, 6

Abstract: 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.

Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Date: 1984
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:nareaj:159266

DOI: 10.22004/ag.econ.159266

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