The Iowa Farm Bureau is a non-profit organization that provides news, information, and resources to farmers and ranchers across the state of Iowa. One way they do this is by offering stock quotes through their Basis Tool.
To access the Iowa Farm Bureau Basis Tool's futures markets, simply log in to your account at https://www.iowafarmbureau.com/Markets. From there, you can navigate to the "Basis Tool" section and select the type of contract you want to trade.
The Iowa Farm Bureau Basis Tool allows investors to set up buy or sell orders for various types of futures contracts, including agricultural products like corn and soybeans.
For example, an investor can use the tool to purchase corn futures at a fixed price (the "strike price") in the future months. This allows them to lock in a profit before the market prices change.
The Iowa Farm Bureau Basis Tool provides a valuable resource for farmers and ranchers looking to diversify their investment portfolios with futures markets.
By understanding how to access and use this tool, they can better navigate the world of futures trading and make more informed investment decisions.