For a considerable time, long-only index funds have been suspected of being responsible for price increases on agricultural futures markets, particularly those for grain. Utilizing partial equilibrium concepts, we analyze the market impacts of long-only index funds. Our analysis reveals that...

This article shows, for the first time, where U.S. ethanol prices are discovered across the major regional markets in the country. We adopt a bivariate approach that compares each regional market against Chicago, as it is equipped with one of the largest terminals in the U.S. and is widely...

A considerable number of studies have examined the relationship between global prices and local prices in food-importing nations, but the linkages between international prices and the producer prices of large agricultural exporters have been largely ignored. This paper analyzes the connections...

Intro -- 1. Introduction -- 2. The Efficiency of Financial Markets With Special Reference to Commodity Futures Markets - A Review -- 2.1 The Efficient Market Hypothesis vs. Behavioural Finance Theories: Insights into the Efficiency of Financial Markets -- 2.1.1 The Efficient Market Hypothesis:...