|
|
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
2003. All rights reserved by author.
|
|
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 Corn & Soybeans CRC Spring Wheat & |
|
Grain Sorghum (sales closing 3/15)1;
Cotton (Feb 28, Mar 15) |
|
| |
|
|
Daily |
|
Daily |
Daily |
Daily |
|
|
Closing |
|
Closing |
Closing |
Closing |
|
|
Price |
Grain |
Price |
Price |
Price |
|
|
CBOT |
Sorghum |
CBOT |
MGE |
NYBOT |
|
|
Dec |
95% of |
Nov |
Sep |
Dec |
|
|
Corn |
Corn |
Soybeans |
S Wheat |
Cotton |
|
|
|
|
|
|
|
| Est._Base_Price |
$2.42 |
$2.30 |
$5.26 |
$3.64 |
$0.59 |
|
|
|
|
|
|
|
|
Date |
|
|
|
|
|
|
|
01/15/03 |
|
|
|
|
|
0.5830 |
|
01/16/03 |
|
|
|
|
|
0.5838 |
|
01/17/03 |
|
|
|
|
|
0.5763 |
|
01/21/03 |
|
|
|
|
|
0.5748 |
|
01/22/03 |
|
|
|
|
|
0.5720 |
|
01/23/03 |
|
|
|
|
|
0.5775 |
|
01/24/03 |
|
|
|
|
|
0.5790 |
|
01/27/03 |
|
|
|
|
|
0.5840 |
|
01/28/03 |
|
|
|
|
|
0.5813 |
|
01/29/03 |
|
|
|
|
|
0.5835 |
|
01/30/03 |
|
|
|
|
|
0.5665 |
|
01/31/03 |
|
|
|
|
|
0.5960 |
|
02/03/03 |
|
2.4350 |
2.3133 |
5.2500 |
3.5640 |
0.5948 |
|
02/04/03 |
|
2.4425 |
2.3204 |
5.2775 |
3.6225 |
0.5905 |
|
02/05/03 |
|
2.4375 |
2.3156 |
5.2300 |
3.6800 |
0.5900 |
|
02/06/03 |
|
2.4500 |
2.3275 |
5.2250 |
3.6650 |
0.5870 |
|
02/07/03 |
|
2.4525 |
2.3299 |
5.2100 |
3.7050 |
0.5770 |
|
02/10/03 |
|
2.4625 |
2.3394 |
5.2900 |
3.7425 |
0.5850 |
|
02/11/03 |
|
2.4650 |
2.3418 |
5.3325 |
3.7400 |
0.6000 |
|
02/12/03 |
|
2.4400 |
2.3180 |
5.2550 |
3.7050 |
0.5973 |
|
02/13/03 |
|
2.4400 |
2.3180 |
5.3050 |
3.6600 |
0.5940 |
|
02/14/03 |
|
2.4475 |
2.3251 |
5.3425 |
3.6500 |
0.5977 |
|
02/18/03 |
|
2.4375 |
2.3156 |
5.3125 |
3.6650 |
|
|
02/19/03 |
|
2.4100 |
2.2895 |
5.2575 |
3.6300 |
|
|
02/20/03 |
|
2.3975 |
2.2776 |
5.2250 |
3.6600 |
|
|
02/21/03 |
|
2.3800 |
2.2610 |
5.2300 |
3.6300 |
|
|
02/24/03 |
|
2.3625 |
2.2444 |
5.2150 |
3.5850 |
|
|
02/25/03 |
|
2.3850 |
2.2658 |
5.2250 |
3.5900 |
|
|
02/26/03 |
|
2.3950 |
2.2753 |
5.2400 |
3.5800 |
|
|
02/27/03 |
|
2.3825 |
2.2634 |
5.2550 |
3.5600 |
|
|
02/28/03 |
|
2.3800 |
2.2610 |
5.2275 |
3.5300 |
|
|
|
1Prices
are for Kansas and the Corn Belt Base Prices, Spring Wheat Northern
Great Plains |
|
|
 |
