Arkansas, Louisiana, Mississippi, and Tennessee all border the Mississippi River, a primary shipping channel in the United States. These Mid-South states serve as a southern agricultural hub in terms of corn and soybean production. The Mid-South is a prime location for merchandisers to take advantage of the Mississippi River in addition to a vast connection of railway systems and interstates for moving grain. The main objective of this study is to analyze local basis for selling locations in the Mid-South and connect basis movements with transportation flows to understand grain basis dynamics in the Mid-South better. An empirical analysis shows the nearby futures months have the greatest effect on both corn and soybean basis dynamics in the Mid-South. Farmers and merchandisers can take the results to better understand how changes in basis patterns can impact producer revenue and how to benefit from those changes.
Identifer | oai:union.ndltd.org:MSSTATE/oai:scholarsjunction.msstate.edu:td-6199 |
Date | 06 August 2021 |
Creators | Barrett, Delia |
Publisher | Scholars Junction |
Source Sets | Mississippi State University |
Detected Language | English |
Type | text |
Format | application/pdf |
Source | Theses and Dissertations |
Page generated in 0.0009 seconds