RISK ASSESSED MARKETING
DR. G. A. “ART” BARNABY, JR.
PHONE: 785-532-1515
FAX: 785-532-6925
WEB Page http://www.agecon.ksu.edu/risk/
E-MAIL: abarnaby@agecon.ksu.edu
E-mail Art to be added to Mail List
Copyright 2002. All rights reserved by author.
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Disclaimer: This web page is designed to aid farmers with their marketing and risk management decisions. The risk of loss in trading futures, options, forward contracts, and hedge-to-arrive can be substantial and no warranty is given or implied by the author or any other party. Each farmer must consider whether such marketing strategies are appropriate for his or her situation. This web page does not represent the views of Kansas State University. 
Disclosure:  Dr. Barnaby’s research was the basis for the privately developed Crop Revenue Coverage.

Estimated CRC, RA & IP Wheat Base Price for 2003

 

 

 

 

 

 

 

 

 

Daily

Average

 

Estimated

Estimated

Estimated

 

Closing

Closing

 

Portland

CBOT

KCBOT

 

Price

Price

 

White

Soft Red

Hard Red

 

CBOT

CBOT

 

Wheat

Wheat

Wheat

 

Sep 03

Sep 03

Estimated

Base

Base

Base

 

Wheat

Wheat

Basis

Price

Price

Price

 

 

 

 

 

 

 

Estimated Base Price

 

 

$3.99

$3.53

$3.73

 

 

 

 

 

 

 

Date

 

 

 

 

 

 

08/15/02

3.4350

3.4350

0.45

3.8850

3.4475

3.6750

08/16/02

3.4300

3.4325

0.45

3.8825

3.4450

3.7050

08/19/02

3.4500

3.4383

0.45

3.8883

3.4350

3.6875

08/20/02

3.4000

3.4288

0.45

3.8788

3.3850

3.6100

08/21/02

3.3700

3.4170

0.45

3.8670

3.3575

3.6100

08/22/02

3.3900

3.4125

0.45

3.8625

3.3750

3.5950

08/23/02

3.4650

3.4200

0.45

3.8700

3.4475

3.6700

08/26/02

3.4800

3.4275

0.45

3.8775

3.4625

3.6950

08/27/02

3.4575

3.4308

0.45

3.8808

3.4250

3.6500

08/28/02

3.4650

3.4343

0.45

3.8843

3.4450

3.6500

08/29/02

3.4450

3.4352

0.45

3.8852

3.4175

3.6150

08/30/02

3.5000

3.4406

0.45

3.8906

3.4975

3.6525

09/03/02

3.5300

3.4475

0.45

3.8975

3.5150

3.6600

09/04/02

3.5950

3.4580

0.45

3.9080

3.5750

3.7300

09/05/02

3.6600

3.4715

0.45

3.9215

3.6450

3.7850

09/06/02

3.7600

3.4895

0.45

3.9395

3.7450

3.8800

09/09/02

3.7500

3.5049

0.45

3.9549

3.7650

3.9450

09/10/02

3.7200

3.5168

0.45

3.9668

3.7150

3.8650

09/11/02

3.7150

3.5272

0.45

3.9772

3.7025

3.8825

09/12/02

3.7000

3.5359

0.45

3.9859

3.6850

3.8600

09/13/02

3.6250

3.5401

0.45

3.9901

3.6100

3.8275

 

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