Price and Basis Data

Welcome to the electronic version of the North Carolina Soybean and Corn Price Yearbook. This bulletin contains local price and basis time series data over the period 1980-2003. For each series, average monthly, quarterly, and annual observations are presented, constructed from daily observations. For example, the reported average monthly price and basis data for any month of a given year (e.g. January), represents the average of all of the daily observations of price and basis for the particular month. Similarly, the quarterly price and basis observations, in say the first quarter of a given year, represent the average of all of the daily observations of price and basis for January, February, and March of the given year. The daily price data were obtained from a publication by the North Carolina Department of Agricultural and Consumer Services (NCDA) weekly newsletter-Livestock, Grain, Poultry, Eggs, Fruits, Vegetables, and Cotton Prices in North Carolina and Surrounding Markets. The futures prices used to calculate basis are the daily settlement prices from the Chicago Board of Trade.