Wheat Price Convergence
May 2, 2017
K-State agricultural economists Beth Yeager, Art Barnaby and Dan O'Brien discuss what they've discovered about the ongoing issue of wide basis in the wheat market: the lack of convergence of cash and futures wheat prices, which has complicated producers' ability to advance-price their wheat...they recently met with futures market officials to talk about remedies for the problem, and are about to release a K-State report covering the issue.