20yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum171.98168.2819.6319.72%15.05%
Top 1/4tile122.00120.702.8615.18%4.42%
Median96.5698.40-0.3612.43%0.79%
Bot 1/4tile83.1584.66-2.4510.33%-3.83%
Minimum61.6563.12-16.856.29%-15.42%
10yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum171.98168.2819.6319.72%15.05%
Top 1/4tile129.87129.614.7615.41%3.05%
Median122.04120.730.4913.14%-0.65%
Bot 1/4tile112.75112.24-2.0610.51%-4.45%
Minimum89.2589.62-16.856.29%-15.42%
5yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum168.00154.8119.6319.72%15.05%
Top 1/4tile128.30122.186.9717.04%2.12%
Median120.25117.511.6515.40%-2.84%
Bot 1/4tile112.95111.17-2.4513.31%-6.22%
Minimum89.2589.62-16.856.29%-15.42%
Source: ABSR Research, LLC, Commodity Systems Inc.

Source: ABSR Research, LLC, Commodity Systems Inc.

Source: ABSR Research, LLC, Commodity Systems Inc.

Source Data: ABSR Research, LLC, Commodity Systems Inc,  U.S. Department of Agriculture

Sources: USDA (Economic Research Service), WASDE, ABSR Research, LLC *Latest market year projected, current market year estimated.

Source: ABSR Research, LLC, Commodity Systems Inc.

Source: ABSR Research, LLC, Commodity Systems Inc.