Are you currently running an agribusiness but are currently lost with all the economic and agricultural mumbo jumbo? Do you plan on putting up an agribusiness in the near future bur you have no idea where to begin? If you answered yes to any of the two questions then this article is for you.
One of the things that trade associations, traders, brokers or anyone in the agribusiness encounters is the difficulty in finding access to information that can help them grow and manage their business.
While the advent of technology and recent improvements in increasing Internet speeds all around the world is supposed to provide the data needed in the blink of an eye, it only becomes even more challenging to find specific articles and answers to queries what with everyone gaining access to edit articles online.
Indeed, this can be a bit disheartening, but the good news is, the agribusiness gods decided to provide a solution to the problem by creating CommodityBasis.com – the one stop site for all of your agribusiness needs.
What is CommodityBasis.com?
Commodities play a huge role in influencing our economy. How so? The price of these items affect meal prices which in turn affects the food business. Eventually this affects other business, and the story goes on. Commodity physical trading also offers an excellent way to earn money once one decides to get involved in it with a little luck and know-how.
Knowing the right price of commodities is crucial if you want to make wise trade decisions. However, since the price of commodities such as sugar, soybean, palm oil, corn, and wheat listed in the United States Department of Agriculture (USDA) is constantly changing, having access to more accurate data is necessary. This is where CommodityBasis.com comes in.
CommodityBasis.com allows transparency in creating agriculture markets by pooling together all of the necessary data from commodity brokers (firms that engage in buying and selling commodities) that are located in different parts of the world. They also create a network among agribusinesses to encourage mentoring, partnership, and to boost the profitability of their products. It’s an agribusiness must-have.
Services Offered
Historical data, one of the services offered by CommodityBasis.com, makes it easier to analyze the spreads, trends, cycles, and keep track of regressions. Inter-Day Cash Market Data shows real-time information that can help with on the spot trading decisions. To make it even more convenient, information asymmetries are already removed to make way for swift and accurate business decisions.
They also offer S&D Futures Data to keep you posted on what’s happening in the global market and to allow you to prepare for commodity future trading. Their Broker and Trader Network bridges gapes and allows agribusinesses to create partnerships with other people involved in the agribusiness. The intra-day prices of sugar, soybean, palm oil, corn, and wheat are available in their website are reliable since these prices undergo manual checks and crosschecks. These prices are standardized and follow quality specifications and strict international rules.CommodityBasis.com is an information hub that makes running an agribusiness easy and enjoyable.
Commodity Basis 