The practice of determining a price for a commodity based on expected pricing that has been established within futures contracts. Widely used to determine the pricing for consumable goods, price basing is used by manufacturers, businesses and consumers alike. For example, dairy farmers may use the price associated with futures contracts to set the price of milk.
Related information about price basing:
- Price Basing Definition | Investopedia
 A method of pricing commercial commodity transactions that bases these prices   on related futures contract prices. This method is used by commodity producers, ...
 
- Price Basing Definition & Example | InvestingAnswers
 We explain the definition of Price Basing, provide a clear example of how it works   and explain why it's an important concept in business, finance & investing.
 
- Price Basing - Financial Dictionary - The Free Dictionary
 The practice of using futures contracts on a commodity to influence the price of a   similar product intended for sale to consumers. For example, gasoline retailers ...
 
- 7 USC § 602 - Declaration of policy; establishment of price basing ...
 7 USC § 602 - Declaration of policy; establishment of price basing period;   marketing standards; orderly supply flow; circumstances for continued regulation ...
 
- What is Price Basing? Definition and Meaning « Knowledge Base
 Price basing is a method where producers, processors, merchants, or consumers   of a commodity establish commercial transaction prices based on the futures ...
 
- Silver price basing before dramatic move higher
 Nov 30, 2011 ... The silver price is still consolidating, though any signs of any kind of solution to   the eurozone problems should see money flooding back into ...
 
- B - Glossary - ChartSchool - StockCharts.com
 It is common to see a basing period after a lengthy decline of the stock price.   Basing may be a sign of accumulation. Basis: The difference between cash   prices ...
 
- * Basing - (Stock market): Definition
 Price Basing A situation where producers, processors, merchants, or consumers   of a commodity establish commercial transaction prices based on the futures ...