The paper examines empirical returns from holding thirty- and ninety-day call and put positions,and the forecasting performance of implied volatility in the live and feeder cattle optionsmarkets. In both markets, implied volatility is an upwardly biased and inefficient predictor ofrealized...

Includes cover page, journal info, contents page, and editorial information

Using a bio-economic model, H2OBeef, that includes traditionally considered parameters associated with running a beef feedlot but also incorporates aspects associated with water, changes that can alter water consumption and or price are examined. The results indicate that when water does not...

Indonesia is the largest market for Australian live cattle exports so estimates of income and price elasticities of meat demand in Indonesia may help exporters to set appropriate pricing strategies and to model future demands. In contrast to developed countries, where meat demand studies often...

Cover page and table of contents for issue 41/2

This bulletin is a supplement to the Europe Team's Situation and Outlook Series and expands upon material traditionally presented as an appendix in the annual Europe Report. This report presents an extensive statistical database on European agriculture. The geographic scope covers most of the...

The January/February 1991 issue of Foreign Agricultural Trade of the United States reports the following information: U.S. agricultural exports fell nearly $600 million to $39.3 billion, their first decline in 4 years. Wheat exports fell $2 billion, and other grains fell to a lesser degree,...