A NOTE ON THE FACTORS AFFECTING CORN BASIS RELATIONSHIPS

Gopal Naik and Raymond M. Leuthold

Southern Journal of Agricultural Economics, 1991, vol. 23, issue 01, 7

Abstract: Empirical tests were made of components of the corn basis in the U.S. utilizing a general theory of intertemporal price relationships for storable commodities. These tests showed that the basis consists of a risk premium, a speculative component, and a maturity basis apart from other factors such as storage costs for storable commodities. The results provide insights into factors affecting basis patterns for corn.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1991
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:30309

DOI: 10.22004/ag.econ.30309

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