Livestock futures markets are a marketing tool available to participants in livestock and meat production, processing, and merchandising. There has been controversy, however, regarding the usefulness of the live cattle futures market for producers. Questions have arisen about the impact of...

Hedging has long been recognized as a means by which the risks of price variability can be reduced. In the classic case, equal and opposite price risks for a given commodity are assumed in the cash and futures market so that the value of the gains in one market perfectly offset the losses in the...

Abstract Currently Unavailable.

Abstract Currently Unavailable.

Abstract Currently Unavailable.

This article examines the advantages and concerns raised from the proposed October 1998 Cargill acquisition of Continental Grain Company's grain merchandising business. The world's largest grain exporter acquiring the second largest exporter raised concerns about potential loss of competition,...