Question: E H 1 APEC 5010 Name 2 Problem 1 3 10 Points 4 5 1. Determine Basis for fed cattle in November and forecast Nov.
E H 1 APEC 5010 Name 2 Problem 1 3 10 Points 4 5 1. Determine Basis for fed cattle in November and forecast Nov. 2020 price using your expected basis and current futures. 6 8 7 5 market 8 Fed Cattle Dec Nov Price predicition for 2020 9 8 Cash Live Cattle Basis 10 Nov-11 91.59 95.43 11 Nov.12 88.75 89.50 12 Nov-13 82.13 8/ 84.24 13 Nov-14 98.63 99.52 14 8 15 16 17 8 18 19 20 8/21 2. Calculate corn basis for Omaha and for Odgen. Why do you think they are so different? 22 Omaha Ogden 23 CBT Cash Cash Omaha Ogden 8 24 Com Corn Com Basia Basis 25 Nov-10 3.53 2.88 4.02 26 Nov-11 3.81 3.44 8 4.57 27 Nov-12 3.77 4.26 4.23 28 Nov-13 3.88 3.65 4.52 Nov-14 5.53 5.37 5.90 30 31 8 Sheet1 Sheet2 Sheet3 8/29 E H 1 APEC 5010 Name 2 Problem 1 3 10 Points 4 5 1. Determine Basis for fed cattle in November and forecast Nov. 2020 price using your expected basis and current futures. 6 8 7 5 market 8 Fed Cattle Dec Nov Price predicition for 2020 9 8 Cash Live Cattle Basis 10 Nov-11 91.59 95.43 11 Nov.12 88.75 89.50 12 Nov-13 82.13 8/ 84.24 13 Nov-14 98.63 99.52 14 8 15 16 17 8 18 19 20 8/21 2. Calculate corn basis for Omaha and for Odgen. Why do you think they are so different? 22 Omaha Ogden 23 CBT Cash Cash Omaha Ogden 8 24 Com Corn Com Basia Basis 25 Nov-10 3.53 2.88 4.02 26 Nov-11 3.81 3.44 8 4.57 27 Nov-12 3.77 4.26 4.23 28 Nov-13 3.88 3.65 4.52 Nov-14 5.53 5.37 5.90 30 31 8 Sheet1 Sheet2 Sheet3 8/29
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