Agricultural Economics Department
Date of this Version
10-20-1999
Citation
Cornhusker Economics, October 20, 1999, agecon.unl.edu/cornhuskereconomics
Abstract
The price of corn at most any location is based on the price of Chicago Board of Trade corn futures. There, corn is assumed to be #2 yellow and is a commodity that is carefully specified as to its quality anywhere in the world.
Comments
Copyright 1999 University of Nebraska.