Grain Basis, from Jeff Watson

December 20, 2010 |

The University of Iowa Ag Department has enacted a pilot program of mapping the basis of corn and soybeans on a county by county basis. Although the project is far from complete, here is an example of what it will look like:

The grain companies already have trading rooms that look like NASA control, and maps like this are all over the walls. Now the general public will get to enjoy some of the same tools as the big grain. Before you get excited, you can be sure that the big grain companies will be one step ahead of you and the public will still be behind the form. That's just why the grains are so hard to handicap, and even harder to cash out…


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