800.515.5657

Help Center

Help Center

How to Adjust Basis Level on Unsold Crops

Last Updated: Mar 09, 2017 10:33AM CST
An enhancement to the Cash sales section in GrainBridge will help producers more accurately value unsold bushels at any given point. The introduction of flexible carry and basis now allows producers to allocate their production using varying futures months and basis levels to reflect when the producer anticipates moving their crop.  This feature helps producers see the spread between futures months and calculates a weighted average cash price to accurately value all unsold bushels.  If the user chooses to do nothing, the value of the unsold commodity will always be valued against the nearby or current futures month and the default basis entered.

To make adjustments to the price of unsold bushels, click on the Cash sales tab to take you to the Cash Summary. Near the bottom of the summary is a box that reads carry and basis. Select the blue change link to edit the basis and futures month for unsold bushels.
 

Select the futures month, basis level (if basis is negative, place a minus sign in front, i.e. -0.20), and percentage of total production that reflect the producer’s sale and delivery intentions. 
 

Select Add basis until the percentage of total production is equal to 100%. 
 

 
GrainBridge calculates the weighted average cash price to value all unsold bushels. 
039ef625f840fdbe8e648d84480efc9a@grain.desk-mail.com
http://assets2.desk.com/
false
desk
Loading
seconds ago
a minute ago
minutes ago
an hour ago
hours ago
a day ago
days ago
about
false
Invalid characters found
/customer/en/portal/articles/autocomplete