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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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  • Details

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

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