Purpose It has become an ongoing debate whether Indian commodity futures markets can accommodate farmers. The purpose of this paper is to examine whether Indian commodity futures markets help rationalize farmers’ price expectation. The study starts with questions on the efficiency and other...

Chapter 1: Introduction -- Chapter 2: Development of India’s Commodity Futures Markets -- Chapter 3: Literature on Farmers’ Participation in Futures -- Chapter 4: Futures Market Efficiency in Price Discovery and Dissemination -- Chapter 5: Field Survey, Observation and Farmer Profile --...