Start Date

23-2-2008 12:00 AM

Description

Effective risk management requires knowledge of the relationship between local cash market prices and futures market prices, known as the basis. BeefBasis.com is a new web site designed to help feeder cattle buyers and sellers more accurately, and more easily, project basis for a specific set of cattle than they have been able to do in the past. More accurate basis forecasts means feeder cattle buyers and sellers will be able to more accurately assess pricing opportunities afforded them by the futures market, and this in turn means they will be able to manage market risk more effectively.

Share

COinS
 
Feb 23rd, 12:00 AM

Improving Your Cattle Risk Management Skills Using BeefBasis.com

Effective risk management requires knowledge of the relationship between local cash market prices and futures market prices, known as the basis. BeefBasis.com is a new web site designed to help feeder cattle buyers and sellers more accurately, and more easily, project basis for a specific set of cattle than they have been able to do in the past. More accurate basis forecasts means feeder cattle buyers and sellers will be able to more accurately assess pricing opportunities afforded them by the futures market, and this in turn means they will be able to manage market risk more effectively.