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AgManager.info: Interactive Crop Basis Tool
Home / Crops / Marketing / Tools
Interactive Crop Basis Tool:
The Basis Tool is currently unavailable due to incompatibility issues with a new server. We are trying to take care of these issues, but have not been able to resolve them so far. We apologize for this problem. If you have data needs, you can contact Rich Llewelyn: rvl@ksu.edu, and we will try to provide what you need as we are able. 
Enter the required information
Location Information Location: (For available locations, click HERE)

Location Information Commodity:
Select a commodity
The Kansas Corn Commission
Location Information Year:
Select a Year
Enter up to 2 custom ranges:

Location Information Generate Report:
Create chart OR Create table

For a list of locations available: Click HERE

This interactive tool can be used to examine historical weekly nearby basis for corn, sorghum (milo), soybeans, and wheat for various locations in Kansas, Nebraska, Missouri, Oklahoma, and parts of Colorado and Texas. Basis is calculated by subtracting the nearby futures price from the cash price (Wednesday), where nearby is defined as the futures contract closest to expiration without going into the delivery month. Basis captures the effects of local supply and demand, as well as transportation costs, on commodity prices.

In this database, a year is defined as having 48 weeks with four weeks per month (months with five Wednesdays have the 4th and 5th weeks averaged and reported as the 4th week). Thus, week 1 = first week of January, week 5 = first week of February, week 9 = first week of March, and so on. To examine historical basis choose a location (pick city and state or enter zip code), the commodity desired, and the time period of interest. After identifying the information of interest, basis information (if available) can be viewed in either table or chart format.

Questions: contact Dr. Mykel Taylor (785.532.3033 or mtaylor@ksu.edu), or Rich Llewelyn (785.532.1504 or rvl@ksu.edu). 

Department of Agricultural Economics   K-State Research & Extension   College of Agriculture   Kansas State University