Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10004979556
This paper investigates the impact of speculation on prices of agricultural commodities. Recently, non-commercial traders are responsible for price peaks and increased volatility on agricultural markets. As a matter of fact, speculation with commodity futures has increased over the last decade....
Persistent link: https://www.econbiz.de/10011128130
It is frequently stated that price risk in European agriculture in-creases due to the liberalization of formerly regulated markets. This argument is used to motivate the necessity of risk manage-ment and income stabilization for farms. Against this background we empirically investigate the price...
Persistent link: https://www.econbiz.de/10011240688
We analyze the speed of mean reversion (k) in the convenience yield and the spot price volatility for 7 US commodities between 1989-2012. In the hog market k is large, soybeans exhibit the lowest values. While for 5 of 7 commodities κ is lower in the more recent period (2005-2012) than in the...
Persistent link: https://www.econbiz.de/10011069504