Seamon, V. Frederick; Kahl, Kandice H.; Curtis Jr., … - Department of Agricultural and Applied Economics, … - 1997
The basis, defined as the cash price minus the futures price, is important when making marketing decisions. The cotton basis is calculated using the July futures price for six major cotton marketing regions in the U.S. for August 1993 to November 1997. Graphs of the average basis for the four...