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Hi RFH,
I'm just a little confused, though. We have four prices for corn, for example. We have "processor bids" and "terminal bids." We also have "closing cash" and "basis." If somebody knows what these bids represent, could you be kind enough to clue me in?
you're welcome for the links... that CBOT link is a nice one too. To be honest, I am not sure what the differences are between processor-terminal, and closing cash-basis. I only look at cash quotes for a few markets... including beans, wheat, and corn. Now that I think about it... the daily data I have been following has been mostly closing cash... but again, I have no idea of how that differs from the other. I will try to find out the difference, when I get the chance. BTW, good luck on your system. Can I assume that it's a position trading system... it would be hard to get RT cash grain quotes... I think- but I dunno? Talk to you later, take care
Regards,
Frank |
