Question: What does the Basis Chart represent to the grain merchandiser? It is a visual representation of how basis changed from week to week in relation
What does the Basis Chart represent to the grain merchandiser?
It is a visual representation of how basis changed from week to week in relation to the nearby futures.
It is a visual representation of how prices changed from week to week in relation to the futures spreads.
It is a visual representation of how spreads changed from week to week over the course of the marketing season.
It is a visual representation of the cash price of grain from week to week at the local elevator.
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