While nearly instantaneous commodity futures price information provides price forecasts for national markets, many market participants are interested in forecasting local cash prices. Expected basis estimates are often used to convert futures prices into local price forecasts. This study...

This study reports the results of a survey of grain elevators in South Dakota completed in 2007 and focuses on the marketing patterns for spring wheat, winter wheat, oats, barley, corn, soybeans and sunflower seeds for the marketing year 2005/06. During the year, elevators’ market share in...