This research examines the forecasting performance of implied volatility derived from nearby live cattle options contracts in predicting 1-week volatility of nearby live cattle futures prices. Forecast evaluation is conducted from the perspective of an agribusiness risk manager. The methodology...

United States Department of Agriculture (USDA) livestock production forecasts are evaluated for their information content across multiple forecast horizons using the direct test developed by Vuchelen and Gutierrez (2005). Forecasts are explicitly tested for rationality (unbiased and efficient)...

The successful introduction of futures contracts to industries unfamiliar with futures markets is likely to become increasingly important as futures exchanges move to alternative governance structures (e.g., for-profit corporations), trading platforms evolve (i.e., electronic|Internet trading),...

Value-at-Risk, known as VaR, gives a prediction with a certain level of confidence of potential portfolio losses that may be encountered over a specified time period due to adverse price movements in the portfolio's assets. For example, a VaR of 1 million dollars at the 95% level of confidence...

ABSTRACT Increasing row crop productivity—as measured by yields per acre—is an important topic from a number of perspectives. On a global scale, increased output per unit of land is needed to meet growing world food demand. On a regional scale, investments in yield‐enhancing basic research...

Starting salaries for agribusiness economics graduates from a non-land grant (AASCARR) institution, Southern Illinois University Carbondale (SIUC), are examined and compared to those documented for land grant agriculture programs. Factors such as advanced degrees, grade point average, gender,...