Examining the dynamic relationship between spot and future prices of agricultural commodities

This study examines the dynamic relationship between spot and futures prices of agricultural commodities. We first briefly discuss what the non-arbitrage and asset pricing theory has to say about the relationship between spot and futures markets. Next, using recent price data for corn, wheat, and so...

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Detalles Bibliográficos
Autores principales: Hernandez, Manuel A., Torero, Máximo
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2010
Materias:
Acceso en línea:https://hdl.handle.net/10568/154364

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