Urcola, Hernan A.; Irwin, Scott H. - In: Journal of Agricultural and Resource Economics 36 (2011) 1
As agricultural options markets grow, perceptions of overpricing persist among market participants. This study tests … the efficiency of corn, soybean, and wheat options by computing trading returns. Several call and put option strategies … be attributed to drifts in the underlying futures, and that the corn, soybean, and wheat options markets are efficient. …