The choice of deflators of commodity prices can change the time-series properties of the original series. This is a specific application of the general phenomenon that various kinds of data transformations can create spurious cycles that did not exist in the original data. Different empirical...

Ethanol mandates have led to an increase in the production of distillers dried grains (DDGs), a co-product of ethanol production that is incorporated into livestock rations. As with most competitive industries, there is some level of price risk in handling DDGs, and there is no DDG futures...

The choice of deflators of commodity prices can change the time-series properties of the original series. This is a specific application of the general phenomenon that various kinds of data transformations can create spurious cycles that did not exist in the original data. Different empirical...

An increased volatility of agricultural products' prices, observed in recent years, has caused a greater exposure of market participants to the market risk. The main goal of this article is to estimate the volatility of price returns in the grain legumes grown in Poland and the ground soybean...

Observed increased volatility of world commodity prices causes an increase of risk exposure. Thus market participants can not achieve the desired value of their goal function. The aim of this research was an assessment of wheat prices volatility in selected EU member states. Results of the...

En este trabajo se analiza si el fresón producido en España, en general, y en Huelva, en particular, cumple con los requisitos necesarios para que pueda ser negociado como activo subyacente en un mercado de futuros. En primer lugar, nos hemos ocupado de estudiar el comportamiento de los...

This paper determines the effects of cattle feeders' risk aversion on feeder cattle prices using pen data of Kansas feedlots. Higher profit risk results in lower feeder cattle prices. The elasticity of feeder cattle price with respect to profit risk was small (-0.013). The risk elasticity...

The instability of commodity prices and the hypothesis that speculative behaviour was one of its causes has brought renewed interest in futures markets. The paper analyses the European wheat futures markets (feed and milling) and the Chi- cago Board of Trade’s wheat contract as a...

Danish farmers have been far less interested in agri-environmental subsidy schemes than anticipated. We use choiceexperiments to estimate 486 Danish farmers’ preferences for a number of policy relevant scheme-characteristics.Subsidy schemes for pesticide free buffer zones along hedgerows are...