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    Understanding Livestock Basis

    John Lawrence (December, 2006)
    Summary

    Basis is the difference between cash price and futures price. More specifically, it is the difference between today’s local cash price and today’s futures price of the futures contract with maturity closest to the present time.

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    Organization
    		 Iowa State University Extension
    Publisher
    		 Iowa State University
    Published
    		 December, 2006
    Material Type
    		 Written Material

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    1. Marketing
    2. Other Marketing Topics
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