US dairy futures markets of milk, butter, cheese, and dry whey exhibit unique volatility patterns under the Federal … Milk Marketing Order pricing scheme. We show dairy volatilities have a relatively low connectedness among themselves and a … information is released. The price information uncertainty has a strong positive impact on price volatility across all dairy …

contracts can be sensibly used as risk management tools. Against the background of the milk price crises in 2009, 2012 and 2015 …. The research project empirically investigates the price discovery function and the function of hedging effectiveness of … three European Energy Exchange (EEX) dairy futures. If dairy futures fulfill the price discovery function price signals from …

-financing of investments, the milk price was given stochastic character and simulations using the Monte Carlo method were concluded … specialising in milk production. The study used model farms built on the basis of FADN information on average production and …