Basis is almost always listed around here. In a price chart for today, like this. (If uploading pics works today....)
The �futures� price is CBOT price everyone across the nation hears.
The cash price is what I actually get.
The basis column is what I lose because of my location, we grow way more corn and beans than what we consume here locally. The basis price reflects shipping the extra grain out to people who want to buy some and are short.
Texas for example uses a lot of grain, but have a hard time growing a lot. So their basis might often be a postive number.
Basis is a reflection of what I actually get paid for my crop.
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Today's Featured Article - Massey Ferguson 35 (and up) Tractor Assembly Notes - by Jack Wetmore. These assembly notes are for Massey Ferguson tractors with a two stage clutch and 6 speed, 8 speed and mutli-power transmissions. I see a lot of discussion forum messages regarding damaged clutches from improper assembly. The objective is to have the engine and transmission slide together safely and easily until the gap between the two halves is less than 1/4", BEFORE tightening any of the bolts holding the two together. Using bolts to draw the two halves together will damage the PTO
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