Brorsen, B. Wade; Coombs, John; Anderson, Kim - In: Agribusiness 11 (1995) 4, pp. 349-354
Gulf wheat forward basis bids increase as harvest approaches. Forward contract prices four months before harvest average $0.4|bu. less than prices at harvest. Prices received by directly hedging in the futures market are estimated to be higher than prices received through forward contracts. ©...