The existence of backwardation has attracted considerable attention in commodity markets because of the negative carrying cost puzzle. This dissertation estimates the causes of backwardation of stochastic prices in grain markets. The research extends existing research by considering local market...

An investigation into the performance of CBERA and GSP programs for agricultural commodities from CBI countries found that most of the growth in exports of preferenced goods is due to six commodities--live tree slips or cuttings, dasheens, fresh or dried pineapples, cantaloupes, frozen orange...

The current evidence on the empirical relationship between asset returns, trading volume, and open interest in futures markets is largely inconclusive, and the literature on the theoretical and empirical links between return volatility and volume and open interest are even more limited. The...

The U.S. pork industry is in the midst of substantial structural changes. Hog slaughter and hog production is being concentrated into fewer, larger hands. Meanwhile, hog prices have experienced unprecedented volatility, raising concerns about market power in the pork industry by policy makers,...