Steinbach, Sandro; Yıldırım, Yasin - In: German journal of agricultural economics : GJAE 73 (2024) 2, pp. 1-22
This paper assesses the impact of the Black Sea Grain Initiative on the grain futures market. We rely on counterfactual evaluation techniques and detailed futures price series to estimate how corn and wheat futures prices and historical volatility responded to the Grain Deal enforcement,...