economic markets, Basis, merchandising markets
For successful marketing and merchandising in commodity markets, it is important to understand the relationship between cash and futures contract prices. The principal measure for relating cash and futures price is local cash basis or "Basis''.
Qasmi, Bashir and Johnson, Lisa A., "Corn and Soybean Basis Patterns for Selected Locations in South Dakota: 1998" (1998). Economics Research Reports. 60.